Equities

Russia, China and Iran: Should We Ever Invest in Bad Boys?

Russia, China and Iran: Should We Ever Invest in Bad Boys?

15 mins. to read

As seen in this month’s issue of Master Investor Magazine. Emerging markets once lured investors with the promise of rich pickings. The BRICs (Brazil, Russia, India and China) were once sure to make us wealthy, or so Jim O’Neil, formerly chairman of Goldman Sachs Asset Management, assured us. When they went off the boil he…

FTSE 250 – The hidden investment gem

FTSE 250 – The hidden investment gem

3 mins. to read

This is the third 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. The FTSE 250 consists of the 250 largest UK companies after the FTSE 100. While the FTSE 100 gets all the attention, the performance…

Japan: The Land of the Rising Stock Market

Japan: The Land of the Rising Stock Market

11 mins. to read

As seen in this month’s issue of Master Investor Magazine. By Rowan Chaplin Investment case for Japan Following the December 2012 re-election of Prime Minister Shinzo Abe, the prospects for investors in Japan look far more attractive than at any time since the bursting of the Japan bubble. With the clear support of industry and…

Pearson PLC: a British champion of learning

Pearson PLC: a British champion of learning

7 mins. to read

On 23 July, those of us who love the Financial Times were shocked to learn that its owner, Pearson PLC (LON:PSON), had sold the pink pages to the Japanese media group Nikkei for £844 million. Pearson had owned the 127-year old newspaper since 1957. A Greek economist friend emailed me immediately: Another bastion of the…

Acquisitions drive diversified growth at Fairpoint

Acquisitions drive diversified growth at Fairpoint

7 mins. to read

When markets are not at rock bottom it can be difficult to find value shares. Value shares with growth prospects are even harder to find in any market. Add in a decent dividend yield and you have the holy trinity of attractive investment characteristics. Despite a few caveats, AIM listed Fairpoint Group (FRP) looks to…

Using the 52-Week High To Build a Momentum Strategy

Using the 52-Week High To Build a Momentum Strategy

8 mins. to read

Unlike what Eugene Fama and other efficient markets supporters seem to believe, investors are human, endowed with limited rationality and scarce resources. The human brain just can’t process all financial information that is available in the market at all times, because its capacity is limited. Investors must make investment decisions with incomplete information and there…

Thomas Cook: Blown off course, for now

Thomas Cook: Blown off course, for now

4 mins. to read

The best laid plans of mice and men go astray in the middle of a Greek Tragedy and a journey to Valhalla from a Tunisian beach. At 117p a share, some of the cheapest sales revenue in the business; not so much a question of whether to buy but when to buy. “Troubles, when they…

Why I bought a small initial holding in Zegona Communications

Why I bought a small initial holding in Zegona Communications

4 mins. to read

Zegona Communications (AIM listing, ZEG.L, Market capitalisation £47m but after deal about £290m, 165p and 1.0% of JIC Portfolio): Whilst sifting through the holdings in Neil Woodford’s Equity Income Portfolio last week, there was one holding which particularly caught my attention. Zegona Communications came to market in March through the placing of 25m shares at 120p…

Centrica shares due a bounce?

Centrica shares due a bounce?

4 mins. to read

Centrica at 268p, after the interim figures. The management with these results has demonstrated that it has stopped the rot in terms of cash flow, which now covers dividend costs by a multiple of times, compared with position shown a year earlier. The company says that it plans to restore shareholder value and now seems…

Primark’s Secret: Thrift is Cool

Primark’s Secret: Thrift is Cool

8 mins. to read

The Credit Crunch of 2008, and its aftermath, changed the way we think and spend. From the time that the banks messed up, ordinary people’s wages in the UK barely rose for six years, while prices of staples like food and energy soared. The luxury sector continued to thrive because the modern rich (amongst whom,…