With the 17 May deadline for a firm bid or otherwise by the 3 ENRC oligarchs now looming, and the purchasing of stock (approx 3%) in recent days by Suleiman Kerimov and who seems to be positioning himself with Kazakhmys as ‘kingmaker’ (they need 75% to de-list), it looks to us that odds are a…
The supposedly safe Gold market shocked many (and not just the gold bugs) on the 12th April by dropping 5.2 percent in a single session, erasing $79 from its value. It seems that not even the weekend break saved investors as the yellow metal then opened on the Monday with the same excessive bear tendency…
What if I told you there was a stock that was trading at a 60% discount to TANGIBLE book value, had a dividend yield of just over 6%, had been the recipient of a takeover approach at twice the price in the last 12 months and where its products are in very high demand. What…
I suppose being a share tipster is like being a politician, you are rather obliged to accentuate the positive. As a technical analyst, there is perhaps the scope for greater accuracy in terms of timing and targets as compared to a “normal” fundamentals based guru, but of course, ironically, greater error. This is because even…
Below is a chart of the National Association of American Institutional Investors which shows the sentiment reading of these key investors in relation equities. We can see that it reached a near 3 year peak recently and has, interestingly, detached from the S&P500 index level. It generally leads the market lower and so for the…
More than one month after the now infamous Eurozone meeting, where it was decided that Cypriot local depositors would take a large haircut on balances over 100,000 euro’s, the situation in the country remains fragile and the uncertainty continues to strangle the economy. It is certainly doubtful that any Russians will be parking their…
