Swen Lorenz

zak mir’s weekend missive – All things stateside

zak mir’s weekend missive – All things stateside

2 mins. to read

I have to confess as far as Groupon (GRPN) is concerned, I’m an old fuddy-duddy. It would appear that the group is engaged in something I really don’t understand. Something to do with offering discounts which are offered on the Internet..? This may be great for some, but frankly I don’t want this company’s discounts,…

Second train leaving – Mining sector opportunity

Second train leaving – Mining sector opportunity

4 mins. to read

The mining sector has been a heavy under performer so far this year with the sector as a whole trading near historic valuation nadirs and certain stocks now as cheap as they were back in March 2009 – ENRC & Lonmin – on Price to Book bases in particular. Most of the companies within the…

Market news round up, upgrades & downgrades courtesy of Cantor Index

Market news round up, upgrades & downgrades courtesy of Cantor Index

4 mins. to read

23 Nov 2012 Cantor Opening Call The FTSE is called to open around unchanged today       UK Corporate Announcements Fuller Smith & Turner announces an H1 EBITDA of £26.9m up 8% and increases its dividend 6% to 5.35p   UK Market News The Times writes that Davies the former chairman of Standard Chartered…

RISK FREE PROFIT OPPORTUNITY IN LONMIN

RISK FREE PROFIT OPPORTUNITY IN LONMIN

0 mins. to read

For those of us who do not leave £50 pound notes laying around on the floor, there is an opportunity in Lonmin shares at present assuming you can actually get a short on in the ordinaries with your spreadbet or CFD firm. The Nil Paid subscription cost is 140p and with these trading in the…

Japanese Equities – Don’t Miss The Train…

Japanese Equities – Don’t Miss The Train…

5 mins. to read

This magazine has been a big bull of Japanese equities since the beginning of the year and we took the opportunity to re-iterate our Bullish stance in the 3rd quarter of this year with the Nikkei trading at the time around the 8700 level. On the 5th of October we posted the following blog – http://www.spreadbetmagazine.com/blog/2012/10/5/a-pairs-trade-idea-in-the-nikkei-225.html,…

bumi update

bumi update

3 mins. to read

Nathan Rothschild Reports in the press today that Ol Natty is close to finalising funding for an additional $270m from investors which looks to be money to be used to buy out the balance 15% of Berau Coal from the Bakries. Nat Rothschild, the financier behind coal miner Bumi Plc, has secured the backing of mining…