I was watching the documentary about free market economist Friedrich Hayek on “Masters of money” last night on the BBC and was thinking how in theory de-regulation and open markets make so much sense but human greed is so often the factor which destroys this dream! Looking back into recent history there’s plenty of examples…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. UK Corporate Announcements Close Brothers announces a full year adjusted pre-tax profit of £134.2m up 27% and states that it is well positioned for the current financial year Daily Mail states that it sees full year results in line with the expectations…
The continued rising tension between China & Japan is weighing further on Chinese equities in particular with the index hovering at a new 4 year low just over the key psychological level of 2000 (see below). As we covered in our latest edition of our magazine in setting out the Buy case for the Chinese…
Economic data from China, the U.S. and Europe as well as any hint of progress on the Spanish debt situation will be the focus for investors in the next couple of weeks. Then it’s over to the US third quarter earnings season starting with aluminium producer, Alcoa, on October 9th. With central bank stimulus underpinning…
In all its glory…. Keith Jones & Mike MCTighe have a lot to answer for. Suspension of trading in the ordinary shares and proposed appointment of administrators On 30 August 2012, JJB announced a formal sale process and that it wished to invite offers to support further investment in the Company. Since that date, JJB…
From this mornings RNS The Company has become aware of allegations concerning, among other matters, potential financial and other irregularities in the Company’s Indonesian operations, especially in relation to PT Bumi Resources Tbk, in which the Company has approximately a 29 per cent. interest. An independent investigation has been commissioned to investigate the allegations on…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. Monday, September 24 2012 UK Reporting:- Barr (A.G.) Plc, BAG, (R), Dairy Crest Group Plc, DCG, (R), Pantheon Intl Particip-Ord, PIN, (Pr), Petra Diamonds Ltd, PDL, Royal Dutch Shell Plc-A Shs, RDSA, (Pr) S&P 500 Reporting:- Lennar Corp, Q3, 0.271, Paychex Inc,…
A piece in today’s Telegraph (below) looks to reaffirm our stance that the mining sector is in the early stages of a strong cyclical bull market. The retracements last week are only natural after such a strong showing following the QE3 announcement of a week ago. We have chosen beaten down, undervalued plays with specific…
We included Bumi Plc in our Dream Miners Stock Portfolio (link here – http://issuu.com/spreadbetmagazine/docs/spreadbet-magazine-v9_generic) which was released yesterday and it looks like the “market” is handing us an interesting opportunity. Here’s the explanation for the fall from todays Telegraph – ”the sell-off in Bumi continued as the company fell 54.2 – or 21.7pc – to 195.9p. It is…
We present below in all its insulting glory a post to us from an individual who goes by the handle of “SueYou1” on ADVFN. Regular readers will know that we have covered Ceres Power extensively both on this blog and in our “5 Potential 10 bagger piece” in the July edition of our magazine (link…
