The share price of gold miner Centamin* (LON:CEY) has slumped by over 12% in the last two weeks. Apart from a 1.5% fall in the price of gold in the same time period, the only other significant news regarding the company was the sale of almost £40 million of shares by its Chairman, Josef El-Raghy.…
– Post their IPOs, tech companies go through four phases: Euphoria, Pessimism, Optimism, and Realism. – Snap Inc is obviously in the Euphoria stage. – Price data of seven big tech IPOs show that most companies stay below their listing price in the first 180 days after IPO. The only exception from the companies analysed…
SpaceX hopes to take paying passengers into deep space next year. Is this a real business or an ego trip? An awfully big adventure Elon Musk announced on Monday (27 February) that his space company SpaceX has been contracted by two private citizens to circumnavigate the moon and return to Earth late in 2018. The…
Brexit negotiations will soon begin and I believe companies with large economic moats and defensive characteristics will perform well. An economic moat will enable improved financial performance versus sector peers during what may prove to be a challenging period for consumers and the wider economy. Defensive characteristics should help to further protect companies from the…
According to a range of headlines this week, car insurance premiums are set to soar. Normally, this would be great news for car insurers such as Direct Line (LON:DLG), but its shares slumped 7% on the news. The reason for this is a profit warning, brought about by a change to the discount rate which…
As I discussed in last month’s edition of Master Investor Magazine, AIM shares had a good year in 2016, with the FTSE AIM All Share Index rising by an impressive 14.2%. However, investors who got involved in AIM’s new issues did even better – although the two sets of performance statistics aren’t comparable directly due…
Lloyds (LON:LLOY) has a valuation which I think is exceptionally cheap. I feel this will be important during 2017, since there are clear risks facing investors. For example, Brexit talks are about to commence and according to the President of the EU Commission, Jean-Claude Juncker, the two-year period will see the EU adopt a tough…
Kraft Heinz’s bid for Unilever (LON:ULVR) will not be the last takeover approach for the Anglo-Dutch business, in my opinion. The strength of the US dollar makes it an obvious move not only for Kraft Heinz, but for other US-based consumer goods companies who wish to tap into the stunning growth potential of emerging markets.…
My first blog on Football & Economics, published just over two years ago, discussed how billions of pounds, euros and dollars have been poured into the beautiful game over the past few years. A number of recent reports and statistics have demonstrated that there are few signs of this trend reversing: ⚽ Driven by the…
They nearly blew up the world with crazy exotic instruments called derivatives, conceived in an orgy of greed. They were bailed out by panicked governments who thought they were “too big to fail”. They were subjected to new rules because everyone knew that their much vaunted “risk models” didn’t work. And then they were challenged…
