Master Investor

Prudent Chariot Oil & Gas cuts Board costs as it looks to conserve cash
Chariot Oil & Gas and offshore Morocco

Prudent Chariot Oil & Gas cuts Board costs as it looks to conserve cash

2 mins. to read

By Amy McLellan Shares in AIM-quoted Chariot Oil & Gas were up more than six per cent on Tuesday as the company revealed it was serious about preserving cash. The Atlantic-focused explorer, which is no stranger to the highs and lows of the oil and gas roller-coaster, has announced that it will cut the remuneration…

Tuesday’s Master Investor Market Report featuring HSBC, John Menzies, Aberdeen Asset Management and Just Eat

Tuesday’s Master Investor Market Report featuring HSBC, John Menzies, Aberdeen Asset Management and Just Eat

3 mins. to read

Capital exodus from the UK – Investors have withdrawn an unprecedented $365 billion from the UK over the past 15 months. There are widespread concerns that the domestic political climate will turn sour in the aftermath of the General Election. During the month of March, outflows accelerated to $24 billion. The financial markets clearly anticipate…

Peter Lynch, Fidelity’s legendary portfolio manager

Peter Lynch, Fidelity’s legendary portfolio manager

5 mins. to read

by Frederik Vanhaverbeke In the latest of a series for Master Investor Magazine, Frederik Vanhaverbeke, author of Excess Returns: A comparative study of the methods of the world’s greatest investors, looks at how some of the world’s greatest investors are so successful. The extravagance of any corporate office is directly proportional to management’s reluctance to…

LGO Energy’s new 2015 drilling campaign into the deeper zones of its Trinidad acreage continues the success achieved in 2014
LGO Energy drilling iin Triniidad

LGO Energy’s new 2015 drilling campaign into the deeper zones of its Trinidad acreage continues the success achieved in 2014

2 mins. to read

By Stewart Dalby LGO Energy, which used to be called Leni Gas & Oil, intends to contiinue along the path it set out on in 2014 by drilling, in the new 2015 campaign, more wells into the deeper zones on its acreage in Trinidad. It has recently announced that well GY-672 spudded on April 15…

The Master Investor Market Report featuring Lloyds, Rentokil Initial, Pure Wafer and HaiKe

The Master Investor Market Report featuring Lloyds, Rentokil Initial, Pure Wafer and HaiKe

3 mins. to read

New mortgage approvals dropped slightly to 61,341 during March, according to the latest figures from the Council of Mortgage Lenders. This disappointed analysts who had forecast a rise to 62,500. Net mortgage lending was flat at £1.8 billion and consumer credit grew to £1.2 billion as effective interest rates dropped. The CML’s Chief Economist Bob…

Anthony Bolton, the UK’s star investor

Anthony Bolton, the UK’s star investor

5 mins. to read

by Frederik Vanhaverbeke In the latest of a series for Master Investor Magazine, Frederik Vanhaverbeke, author of Excess Returns: A comparative study of the methods of the world’s greatest investors, looks at how some of the world’s greatest investors are so successful. The biggest mistakes I’ve made over the years have nearly always been in…

April saw the fastest oil price increase in six years – but what will May bring?
Shell increase reseerves by 25 per cent by buying BG Group

April saw the fastest oil price increase in six years – but what will May bring?

3 mins. to read

By Eithne Treanor The positive trend in the oil price continued this week with crude oil closing out its best monthly performance this year. The oil companies are comparing results and American production is slowing down. In early trading on Friday, Brent crude was priced close to US$67 with WTI not far from US$60 a…

Victoria Oil & Gas hits “watershed” 50MW target in Cameroon

Victoria Oil & Gas hits “watershed” 50MW target in Cameroon

2 mins. to read

After a number of slow years as it battled the realities of building a gas-based infrastructure from scratch in Cameroon, momentum is really building at Victoria Oil & Gas, with the shares having surged more than 100 per cent since early December.  The AIM-quoted company has been steadily building supplies from its Logbaba gas-condensate field…

Thuesday’s Master Investor Market Report featuring RBS, Shire, Kenmare Resources and Optare

Thuesday’s Master Investor Market Report featuring RBS, Shire, Kenmare Resources and Optare

3 mins. to read

The Eurozone exited deflation in April after four months of negative price movement, with Eurostat saying that despite continuing cuts in energy costs, inflation rose to 0% for the month. March unemployment data for the Euro area were also published and showed that seasonally adjusted jobless rates were steady at 11.3%. Jonathan Loynes, Chief European…