A fair lot has happened behind the scenes in this still little-known situation where present shares could, in the right circumstances, multi-bag. But the market, if only because such projects are unfamiliar, is still being cautious. For background see our previous blogs from October 2015 onwards. Ncondezi Energy (NCCL) is the first of the four…
On an asset class basis, most of the investment media focus post Brexit has been upon the performance of sterling, which as I write is down by 9.4% against the US dollar since referendum day and 7.5% lighter against the euro. In contrast, despite banks and housebuilders having plunged in value, blue-chip stocks on the…
Release the Buffers The Brexit backlash shows that the UK banks have better prospects than their European counterparts. A buying opportunity, perhaps? Now gather up the wee bairns and tell Grandad to put his ear trumpet in. I have some weighty news to impart. I don’t know how to put this in a way that…
Marks & Spencer at 315p post Brexit and post Q1 Trading statement (Pre Brexit.) How Brexit might radically change things? Earnings would seem to have to fall a long way to make these shares seem dear. In the midst of the mountain slide of domestic UK share market capitalizations came the results from Marks &…
Some stock market domestic share capitalisations have come to suddenly resemble a war zone; a bit like the recent accounts of the Battle of Jutland during the First World War (before the EU) when great capital ships were there one moment and gone the next; in a vast explosive inferno of steel and flame sinking rapidly beneath the…
As seen in the latest issue of Master Investor Magazine If there was a league table for reasons why companies cut their dividends, then I’m pretty sure that excessive debts would be somewhere near the top. So the need to avoid companies with too much debt is important, but it’s even more important for high…
As seen in the latest issue of Master Investor Magazine Investors often suppose that biotechnology is all about the development of new wonder drugs which zap bacteria and viruses – pharmacology. But in fact the best investment prospects probably reside in other, newer fields of medicine, of which there are several. Today I’m taking a…
Dixon Carphone, at 335p last seen, after the results. The dividend yield is not high enough. In my opinion, this share is not for chasing at this stage. There are better targets amongst UK equities that are more international. Dixon Carphone results emerged in the cold dawn of the UK’s new Brexit world. They were…
Wolseley looks an appealing post Brexit play. Institutions looking for UK stocks in that sector with interests outside the UK will probably increase weightings. The cash and dividend position of the company improved greatly last year. These shares look good value and the technical position appears attractive. The Wolseley (LON:WOS) share price fell about 8…
Postscript Brexit observations… Tesco’s first-quarter results were good and encouraging. The Brexit vote will of course impact upon UK activities but we are reminded that Tesco still retains a now prospering overseas business which may possibly benefit from a weaker pound. The shares (last seen) have fallen 4 per cent to 161p. They remain good value on fundamentals, but Brexit…
