Regular readers of my pieces will have come to know that contrarianism and value is at the very heart of how we operate our Titan funds. During our first year of operation, as can be seen from the returns below (YTD 2014), this has served us exceptionally well (statutory disclaimer: past performance is not necessarily…
FTSE 100 Sage (SGE) – Performance in the fourth quarter is expected to be stronger than the third quarter and the business remains on course to achieve the 6% organic revenue growth target in 2015. Johnson Matthey (JMAT) – Underlying profit before tax was 10% lower at £95.0 million in the three months to June. Expects…
When relating attitude towards risk with gender, the traditional idea is that women are more risk averse than men and leads to the conclusion that if we had more women leading the financial world – as portfolio managers, head analysts, decision-makers, CEOs, and investment bankers – then we probably would have skipped the great financial…
Keynesian ideals, which aim at smoothing the business cycle and redistributing wealth in a more equitable way than the market does, are dead. And so they should be – last shot at the with the Labour Government, well look how that ended..! Nowadays, governments around the world hide behind a Keynesian mask, but pursue their…
As we listened to the radio this morning I was asked by Mrs Badger to explain how bad the mounting horrors of Ukraine and Gaza will be for the markets. I surprised her by answering in terms of “limited”. She was quite shocked. Since the Global Financial Crisis of 2007 it has become a matter…
Investors in IQE are still awaiting a recovery at the world’s largest manufacturer of epitaxial semiconductor wafers. In a trading statement for the six months ended 30th June 2014, the firm said it expected to report EBITDA of c.£11 million, up 5% on H1 2013, on revenues down 17% at c. £52 million. Revenues were…
CLICK THE IMAGE BELOW TO VIEW TODAY’S VIDEO Spreadbet Magazine editor Zak Mir takes a look at the technical position of some of the bulletin board stocks of the moment amongst private investors. Here are the key points from today’s video: Oilex (OEX) Extended saucer shape reversal pattern. Implied journey back to fill 2012 gap top…
FTSE 100 Royal Mail (RMG) – the first three months of the financial year have delivered low single digit revenue growth, with a good performance in letters but a weaker than expected performance in UK parcels, Overall performance expected to remain in line with expectations for the full year. ARM Holdings (ARM) – normalised pre-tax…
Begbies Traynor (BEG) One company that will surely prove an interesting one to watch in the coming months and years is business insolvency practitioner Begbies Traynor (BEG). Readers of this column will be well-versed in the distortive effects of overly accommodative monetary policy, one of which is to perpetuate the existence of ‘zombie’ companies. Taking…
CLICK THE IMAGE BELOW TO VIEW TODAY’S VIDEO Spreadbet Magazine editor Zak Mir takes a look at the technical position of some of the bulletin board stocks of the moment amongst private investors. Here are the key points from today’s video: Bowleven (BLVN) Weekly close above the 200 day moving average at 39.5p. Implied journey back…
