GlaxoSmithKline at 1370p. This company is undergoing considerable change in its strategic objectives. It looks attractive on both market consensus dividend estimates and on trading range grounds. Returning to the subject of Glaxo SmithKline (GSK), I see that the share price is at 1370p. I point out that is very close to the basement level of a year…
HSBC Holdings shares at 614p. After the tablets are brought down from the mountain, look good value on fundamentals even if the share price does seem to have run out of momentum at the moment. Yesterday first thing, the CEO of HSBC Holdings came down from the mountain carrying in the style of Moses, new commandments…
Vodafone at 254p. Pull this one – its got bells on it and many other things as well including a good and sustainable dividend yield. Do you have bells wringing in your ear? Buzzing noises in your head? Or perhaps your day is punctuated by the sound of Beethoven’s ‘Ode to Joy’ or Mozart’s ‘Jupiter…
After figures for year to 31st March 2015. With the share price up 12% in only four months (an implied annual growth rate of about 36% or so) what now? In a note I wrote on Dixon Carphone (DC.) late last March in another place (the very last of them as it happens) I wrote the…
Begin by placing your market telescope to your eye the right way around so as to magnify distant objects of interest. It is surprising how many people you observe with the wrong end of the telescope stuck in their eye. Investment banks actually pay staff large salaries and bonuses to perform this task in the…
The Thomas Cook (TCG) results for the second half and full year to 31st March 2015 appeared this week. I observe that the share price reached a new high of just over 160p in advance of the figures, from which it has fallen – last seen – to 149.5p. It is a moot point as…
The first thing to report is that the SSE share price rose to 1,696p during the course of report day 20th May 2015; this is the highest the share price has been in five years. Consider it a nice capital gain with which to pay an energy bill that has not come down with the…
In the words of that great retailer Mr Grace of Grace Brothers Department Store, in the much loved BBC comedy “Are You Being Served”, Marks & Spencer (MKS) has done very well. As a long term bull of the M&S recovery story, I am pleased to note that Marks & Spencer shares over the last…
In anticipation of the first quarter results from British American Tobacco (BATS), I use the hiatus to cast an eye over the last annual results from BAT in order to get some idea of what we should be looking for. I might add that we have a little time to wait, as I understand that…
I have been a bull of British Land (BLND) ordinary shares because of quantitative easing – first in the UK and US, and much more recently in the Euro area. Now that it is scripted that QE is to taper in the short to medium term in the US and UK, property shares will lose…
