“Mr Yen” Sakakibara Japanese equities have risen a “bit too fast” and appear to be somewhat “bubbly,” according to the former vice finance minister of Japan, Eisuke Sakakibara, as the Nikkei crossed the key 15,000 level for the first time since 2008 on Wednesday. “The movement of equity prices seems to be somewhat bubbly – there will…
Alexander Machkevitch Both this weekend’s Telegraph and the Sunday Times are reporting that the 3 oligarch majority shareholders of ENRC, together with Govt of Kazakhstan and being led by Alexander Machkevitch, will ask the Takeover Panel for an extension to the bid deadline that looms for this coming Friday. Interestingly, the Telegraph is reporting that the…
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Interesting to see our friends at SocGen flip-flopping on Lonmin..!
One could be forgiven for thinking that there are 2 seperate gold markets that are entirely disjointed from each other with twin headlines that demand for physical gold is setting new records and the premiums being paid for physical over spot is also at a historic high and yet speculators have lined up the biggest…
As the shares in ABG continue to droop – now trading at less than one third of the price at the start of the year when the national Chinese group – China National Gold broke off bid talks (and with the price mooted to be around 450-500p), todays announcement by the company should reassure bulls…
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Shinzo Abe Abenomics appears to be off to a fairly successful start, despite the volatility in the JGB market. The yen is sharply lower. Equities are dramatically higher. The Japanese economy itself is likely boast the best performance in the G7 in Q1, when the GDP estimate is released early on Thursday in Tokyo. Abe…
Whilst watching the videos on Shareprohets from their recent Investor show, I was comforted to see that self styled “guru” Mr John Piper and my ol “pal” Evil Knievil were distinctly bullish of Japan. We in fact positioned ourselves on the bull side here last November well before the crowd got in (a signature style…
