Those who followed me into Solomon Gold, at 3p in March and at 7p two weeks ago, have a short term dilemma. What to do now that the shares have briefly touched 14p and today have bounced off a 10p chart level (but at low volume). Solomon Gold – 10 days to 9th September 2016…
To follow our Magazine article on Uranium, here are some more thoughts… How to invest for what most observers think is an inevitable uranium price recovery in the next few years is not an easy question to answer. Given the long decline in the uranium price after Fukushima, its not surprising that practically all companies…
IAG at 392p, after the first-half figures, looks very cheap in cash and operating cash flow terms, which also makes the prospective estimated dividend yield of 5 per cent look credible and safe. The price remains below the price on Brexit referendum day. IAG is of course still flying but no longer flying as high as it was back…
When I discussed Sirius Minerals in March, I thought it expensive at around 16p, being too far ahead of any meaningful return even though exceptional once it starts (slowly) in ten years time. I thought the same in June at around 19p. However there has been good news recently, and Sirius became doubly more expensive.…
I last wrote on Persimmon (PSN) shares last month when they were languishing at 1,239p and it struck me that they were looking remarkably good value on the fundamentals. It is always a bit risky calling shares before the actual results but where there is risk there is the potential for reward as well. I hasten…
If you thought mining was about digging holes in dry ground, and that the technology required to do that was mature, think again. There are new kinds of extreme miners emerging who are taking mining to undreamed-of places. There are miners who are extracting resources from below the ocean waves. There are miners operating in…
Scotgold Resources (LON:SGZ) When I wrote up Scotgold back in November, it was to highlight how constant share dilution is ‘hidden’ from investors in the only charts available to them – i.e. the share price. When a company’s fundamentals haven’t changed, it’s the market cap that indicates whether or not its value per share has…
Rio at 2,458p (last seen) has a lot of room for a share price pull back. Finding cash for investment and dividends must be a struggle. Rio Tinto (LON:RIO), the largely iron ore and copper mining stock, may be in the process of a long recovery but it nevertheless has scope for a big, within trend, downward…
Just like getting back with an ex-partner, there are number of risks involved in investing in companies which have previously gone bust and come back to the market in a different, but recognisable, guise. Take Game Group for example. The computer games retailer was a stock market darling as recently as 2008, as it benefited…
With the XXXI Olympiad coming to a close in Rio de Janeiro, it’s a good opportunity to take a look at the effect of the summer games on global – and host country – stock market performance during the Games and moving forward. There are a lot of common themes between the Olympic games and…
