Latest

Press on regardless

Press on regardless

1 mins. to read

Johnston Press (JPR) used to have a big private investor following. Nowadays, at 9.5p, it is capitalised at a trivial £10 million. But that conceals a huge £220 million debt problem which must be settled next year on or before 1st June 2019. Can they do it? I for one do not know the answer to…

The grass is greener in the Land of the Long White Cloud

The grass is greener in the Land of the Long White Cloud

14 mins. to read

New Zealand is a land of moderate weather, politics and economic policy. Growth prospects for the New Zealand stock market this year are also moderately good. Kia-Ora! When you enter New Zealand the passport check is accomplished by robots – but getting through the bio-security channel is lengthy and troublesome. If you have so much as…

Master Investor announces 2019 show date   

Master Investor announces 2019 show date  

1 mins. to read

Master Investor Show – the UK’s largest annual conference for private investors – has confirmed Saturday 6 April as the date of their 2019 flagship event. The event, which brings together thousands of visitors with public and private companies of varying sizes, will once again be hosted at London’s Business Design Centre. This year’s Master…

Mellon on the Markets

Mellon on the Markets

5 mins. to read

Normal service was somewhat delayed by the exigencies of the road trip I have been on for two weeks to Asia and Australia. My colleague Anthony Chow and I have been doing the crossover (i.e. pre-IPO) institutional/UHNW (ultra-high net worth) round for Juvenescence Ltd and the result has been that by the time I get…

Would you trust Putin with your money?
ID1974 / Shutterstock.com

Would you trust Putin with your money?

3 mins. to read

The dreadful nerve agent attack on the former Russian spy Sergei Skripal and his daughter Yulia in Salisbury on March 4thwas a shocking example of how far president Putin is willing to go to satisfy old scores. His subsequent unwillingness to stop the Syrian government’s use of chemical weapons virtually guaranteed a military response. Missile…

Sir Martin’s departure is a disaster for WPP
360b / Shutterstock.com

Sir Martin’s departure is a disaster for WPP

1 mins. to read

The sensible way to effect CEO change at WPP (LON:WPP)is for the new man to work alongside Sir Martin Sorrell for several months since Sir Martin has developed this very extensive machine at a very personal level. It’s the only chance of intimate control being passed on. However, it seems that Sir Martin is now…

Good luck – you’ll need it

Good luck – you’ll need it

0 mins. to read

Readers who are patient and at a loose end are steered in the direction of Anibale Fly at 11/1 to win the Grand National (5.15 Aintree tomorrow). It should like the going and the new (for Anibale Fly) extended distance. Further, Barry Geraghty could hardly be surpassed as jockey. I took 12/1 on Tuesday but…

The Great Australian Soap Opera

The Great Australian Soap Opera

13 mins. to read

Australian politics has much in common with the country’s most famous TV soap. But the real issue right now is whether Australia can sustain its remarkable prosperity in a more uncertain world. Everybody needs good neighbours: Mr Turnbull under pressure On 09 April The Australianproclaimed that Malcolm Turnbull, the Australian Prime Minister, had “lost” the…

Rising risks could make these 2 gold miners more appealing

Rising risks could make these 2 gold miners more appealing

2 mins. to read

The performance of global stock markets thus far in 2018 can best be described as ‘volatile’. The S&P 500, FTSE 100 and various other major indices have seen their price levels experience a rollercoaster ride in recent months. There are a number of reasons for this. Tensions in Syria have increased in recent days, while…