Equities

When Eurolander Meets Eurolander Bearing Gifts

When Eurolander Meets Eurolander Bearing Gifts

5 mins. to read

My brief analysis of the Greek war of Interdependence and what it means for equity markets. Even without the urging of Spartan women, manly Greek government officials have taken the war to the enemy. It is thrilling to see Greece invoking the spirit of its ancestors and living dangerously on the cliff edge of democratic…

The only rival Google fears

The only rival Google fears

8 mins. to read

Microsoft changed our lives. I couldn’t have written this article without their technology, and you couldn’t read it. Some say that Apple is the technological touchstone. Then again, so many seem to be drawn to Facebook, like moths to a flame. Many others swear by Twitter. Personally, there is one technology titan whose services I…

The utility company that thought it was an oil and gas production company: a cautionary tale of too much ambition and enterprise

The utility company that thought it was an oil and gas production company: a cautionary tale of too much ambition and enterprise

5 mins. to read

Centrica (CNA): at 270p last seen. The technical chart position looks inviting. Clearly something has to be done to put Centrica (CNA) back on the straight and narrow. A rights issue seems less likely to me than the better option of flogging off those expensive assets, on which it will be near impossible to make…

Is Rio Tinto a screaming buy?

Is Rio Tinto a screaming buy?

3 mins. to read

The company is now generating a lot of cash and has attractive dividend paying prospects. Given that and the fact that the share price is fifth lower than the 3,503p of last August, I rate the shares as highly attractive at this level. It is my opinion that Rio Tinto (RIO) shares at 2,769p (last…

How sweet is the Ferrero deal for Thorntons?

How sweet is the Ferrero deal for Thorntons?

4 mins. to read

Chocolate – indulgence, gift, comfort food the world over. The sweet treat is many things to many people, and a permanent part of the snack landscape – the snackscape if you will. Yet in a minor repeat of the infamous Kraft/Cadbury collision of 2010, the number of players in the chocolate world just declined by…

Cutting positions or taking a loss

Cutting positions or taking a loss

6 mins. to read

Since launching the JIC Portfolio in January 2012 the portfolio is up 114.5% as of Friday 19th June 2015. I have had some losses along the way but in general I have tried to cut losses before they inflict too much damage. The table below shows the nine worst losses in the JIC Portfolio since inception…

Are You Feeling Lucky?

Are You Feeling Lucky?

2 mins. to read

As a precursor to my Final Word article in the main magazine next month, I’ve been examining the firearms market in the US. One of the biggest names in guns, one that may even be the most famous name in the world, is now in voluntary Chapter 11 bankruptcy protection. Colt. Heavily reliant on orders…

Is the GlaxoSmithKline dividend sustainable?

Is the GlaxoSmithKline dividend sustainable?

3 mins. to read

GlaxoSmithKline at 1370p. This company is undergoing considerable change in its strategic objectives. It looks attractive on both market consensus dividend estimates and on trading range grounds. Returning to the subject of Glaxo SmithKline (GSK), I see that the share price is at 1370p. I point out that is very close to the basement level of a year…

30 Magic Formula Investment Ideas in the UK

30 Magic Formula Investment Ideas in the UK

2 mins. to read

Dear Fellow Investor, I am sure you have heard of the Magic Formula – if not here is a quick summary: The Magic Formula was defined in an excellent book by Joel Greenblatt called “The little book that still beats the market”. It identifies good quality companies that are trading at an attractive price. It…

The Saga of the Baby Boomers

The Saga of the Baby Boomers

3 mins. to read

I’m in Ireland this week travelling round on steam trains, seeing the sights, indulging in the famous culinary delights (that’s not potatoes any longer, for anyone under that outdated impression), and of course supping the occasional Guinness. The company that runs these excellent excursions is called Steam Dreams. It organises many trips around the UK…