And so our summer of ‘love’ (from the market continues). Bumi position closed today per our expectation yesterday at 360p. Take a look at our record on the About Us page. We are in the process of seeding 3 dedicated “follow me” funds – 1. A diversifed yet concentrated Oil Explorers fund 2. A diversified…
Bumi released a late day trading update that detailed the impact of heavy rains in its coal producing region. After an inital knock as can be seen from the intra-day chart below, the stock quickly reversed and closed on the high of the day in the closing auction with indications of short closing occuring. The…
Monday, July 30, 2012 UK Reporting:- Arm Holdings Plc, ARM, (SM), Diageo Plc, DGE, (Pr), Fidessa Group Plc, FDSA, (R), Gem Diamonds Ltd, GEMD, (R), Hiscox Ltd, HSX, (R), Hsbc Holdings Plc, HSBA, (R), Hsbc Holdings Plc, HSBA, e, (CC), Keller Group Plc, KLR, e, (CC), Keller Group Plc, KLR, (R), National Grid Plc, NG,…
One of the main causes of the UK recession is, ironically, our attempt to prevent a depression. By lowering interest rates we have stopped the property bubble from being pricked. Thus people are paying the low interest rates on their mortgages and not selling their houses. Lack of supply means that pent-up demand coupled with low building rates is…
August is always a tricky time in the markets. Normally in August volumes drop right off as traders and investors are busy enjoying more exciting things than staring at computers. However, the last few years have been anything but normal. The quixotic state of the world economy and very shaky base of the Eurozone has…
Finally, some years later and after much pain has been inflicted upon the Eurozone, someone finally spoke with conviction on the Euro and the monetary area. Mario Draghi, at a London conference, said the ECB will do “whatever it takes” to save the Euro and has ignited an explosive rally in equity markets and sharp…
What a difference a week makes! This time last week I was up about 10%, I could have, should have, taken profits and stopped for the rest of the month (wonderful concept of hindsight eh?). The strategies that I were using were doing really well, every signal was producing the desired effect and I was…
This week our trading calls have begun to really motor with the following positions putting good profits on the table, in particular with our Italian equities call (a rare thing for many in this current environment) – 5. Ibex 35. Trading Buy @ 5903 – Jul 23 2012. Closed @ 6190 – Jul 23 2012…
See chart below that looks increasingly constructive for our Bumi Trading Buy call earlier in the week. A decisive break of 320-330p will take us swiftly towards the 400p threshold. Keep buying
