Contrarian Investor UK

Hedge fund guru, David Einhorn on central bank quantitative easing and bet on gold

Hedge fund guru, David Einhorn on central bank quantitative easing and bet on gold

0 mins. to read

David Einhorn An interesting read from Greenlight Capital funds quarterly newsletter last year highlighting some of the issues the world may face from this unprecedented era of central bank intervention. Greenlight, is a “long-short value-oriented hedge fund” famously founded and managed by financial whizz-kid David Einhorn, who has generated an average annualised return of 22% since he…

Who will be the technology winners and losers of the future?

Who will be the technology winners and losers of the future?

3 mins. to read

The technology landscape is currently in major transition. From an era dominated by the desktop PC to one where smartphones and tablets are becoming an increasingly integral part of consumers lives and also where hard disks and memory cards are very slowly being replaced by the concept of “cloud computing”. Investors in technology stocks cannot ignore…

U.S. fourth quarter GDP comes in with surprise 0.1% drop

U.S. fourth quarter GDP comes in with surprise 0.1% drop

1 mins. to read

The latest U.S. GDP shows that the economy contracted 0.1% in Q4 againgst expectations of a 1.1% increase, driven by a large drop in government spending on Defence and a drop in private inventories. This compares with a 3.1% increase for Q3 2012 GDP. The Q4 figures represent the first drop in GDP since 2009. Though…

Borders and Southern spurts higher on operational update

Borders and Southern spurts higher on operational update

4 mins. to read

South Falkland oil and gas explorer, Borders and Southern (BOR) are up 13.5% to 27p this morning after an operational update RNS giving some extra facts on figures relating to last year’s drilling campaign. The company’s analysis appears to show that its Darwin East discovery is commercial at $65 per barrel and above, the quality…

Fox-Davies get more optimistic on Xcite Energy

Fox-Davies get more optimistic on Xcite Energy

2 mins. to read

Some interesting new commentary from the latest fact sheet from broker Fox-Davies on Xcite Energy. It looks like they now have a signficantly more optimistic stance than some of their previous coverage. In October they raised fears that the Bentley North Sea field may be non-commerical due to operational costs, now they say that “Based…

Plenty of earnings news from big tech this week

Plenty of earnings news from big tech this week

1 mins. to read

Plenty of earnings action this week from across the pond, particularly in the big cap technology space. Factset’s latest report published at the end of last week (see below) states that, “Of the 54 S&P 500 companies that have reported earnings to date for the fourth quarter, 65% have reported earnings above estimates.” Whether the…

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