An interview with Martin Warner, Managing Director of Michelmersh Brick Holdings. As featured in this month’s Master Investor Magazine. James Faulkner: Thanks for taking the time to speak to Master Investor. Could you begin by giving our readers a brief overview of Michelmersh Brick Holdings (MBH) and its history for the benefit of the uninitiated?…
As we enter the height of the company reporting season I have taken the chance to review the performance of some of the shares I have covered on this website/magazine over the past few months. While there have been both winners and losers, I have had a pretty solid performance record overall. The eight companies…
Retail therapy (shopping to you and me), so the sociologists tell us, is a means by which urban men and women seek to lift their spirits by comfort purchases of inessential goods. This is in contrast to compulsive and repeated binge shopping of largely luxury goods (normally funded by means of maxed-out credit cards) which…
By Glenn Martin This is the fourth in a series of seven articles drawn from my new book, 7 Successful Stock Market Strategies. The focus of these strategies is successful long-term UK equity investment. In this article I explain a technique for limiting the impact of market crashes. The technique uses market momentum, which measures…
Way back in the early spring, Arm Holdings, the Cambridge ‘chip’ (semiconductor) company met the big ‘OR’ of overhead resistance. It tried to break through the 1,200p level on several occasions but unlike the panzers in the Ardennes, in the 1940 battle for France, it did not pull it off. Having failed to get into…
What knows he of equities, that only equities knows? That old observation by a poet about England in the early 19th century is based on the fact that all things are relative and need to be put into context. For many equity investors foreign government band markets may look to be on another continent but…
I kicked off writing about football and economics back in February, hot on the heels of the English Premier League clubs spending a record £950 million on player transfer fees. I also suggested that if current trends continue, we could well see the first £1 billion player within the next 20 years. While Gareth Bale’s…
Builders in this country are, in the main, a bunch of corner-cutting scallywags. But builders’ merchants are a good group of geezers: knowledgeable, happy to help and well organised. What’s more, given their increasing economies of scale they are enjoying nice margins, with much less business risk than their professional clients. In the current UK…
Unilever were 2,600p, last seen. The Unilever share price has come down a lot since April. I take a look at the shares, hoping to find them a possible ‘buy’ but discover them to be still far from cheap. Oh how have the mighty fallen?! I speak of Unilever (ULVR), that leviathan of global supermarket commerce that…
I read an interesting article[i] recently in the Daily Telegraph by the film critic Robbie Collin which helped to explain a trend that I had already been thinking about. A few weeks before I read this I had re-watched on DVD one of my all-time favourite movies: David Lean’s 1962 epic classic Lawrence of Arabia,…
