Equities

Has Sprue Aegis’s Fire Gone Out?

Has Sprue Aegis’s Fire Gone Out?

6 mins. to read

Sprue Aegis is a great British company which I have covered for many years, ever since it was listed on the old PLUS markets. The shares have been somewhat of a private investor favourite in recent times, having risen by more than 800% over the past five years. Over that time revenues have more than…

PayPal’s new playpen

PayPal’s new playpen

3 mins. to read

Like Oedipus before it, PayPal has (sort of) slayed its father eBay and taken the e-commerce seller’s place on the S&P 100 after the online payment system provider spun-off from the company that bought it for $1.5 billion back in 2002. So how will the nascent stock fare untethered from its (former) parent? Well, early…

Carnival: Cruising to a Nice Return

Carnival: Cruising to a Nice Return

8 mins. to read

How will you spend your holidays, this summer? We all need them and we are prepared to pay good money for them. But the holiday sector has offered mixed rewards for investors of late. A few weeks ago I took a look at look at Thomas Cook Group PLC (TCG). It is a great business,…

Are Litigation Finance Investments the Ultimate Diversification Tool?

Are Litigation Finance Investments the Ultimate Diversification Tool?

9 mins. to read

As featured in this month’s Master Investor Magazine. “To reduce risk it is necessary to avoid a portfolio whose securities are all highly correlated with each other. One hundred securities whose returns rise and fall in near unison afford little protection than the uncertain return of a single security.” – Harry Markowitz, 1968 Early Days…

GKN driving ahead

GKN driving ahead

3 mins. to read

GKN at 327p after last week’s good news on UK motor production figures… The GKN (Guest Keen & Nettlefold, as it used to be properly known when a steel production company) share price last seen was 327p. That is now 16% down on this year’s earlier peak of 389p. What prompts me to give it…

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…