Capita (LON:CPI) updated the market this morning with an RNS on “transformation, capital structure, funding and trading outlook”. As I type the shares are down 145p at 203p. Matters are clearly as bad as described and very probably getting worse. There is no hope offered anywhere at all. CPI may fancy raising £700 million to…
While a number of UK-focused stocks may be struggling due to the uncertainties created by Brexit, not all global stocks are performing well, either. In general, their valuations may have benefited from weaker sterling since the EU referendum, as well as continued strong economic growth in the developing and developed world. However, there remain a…
Another year, another pilgrimage to the JP Morgan Biotech conference in San Francisco, now in its 26th year. About 9,000 people scurry around the passageways of the far-too-small-for-purpose St Francis hotel, watching companies present stuff that is now readily available online. The smarter lot, who number about 41,000, hover in the periphery of the conference,…
I have long previously decided that the sole purpose of most financial institutions is to rip off the public. However, a residual sense of romance allows me to toy with the idea that although the senior management are filth there are staff who do not share the corporate view. I opened a current account with…
British banks like Barclays have destroyed shareholder value like no one else in recent years. Now they face the risk of Brexit. So why are the big boys piling in? Always follow the money… When a massive $24 billion New York hedge fund like Tiger Global takes a 2.5 percent stake in Britain’s oldest high…
World’s 4th largest global oil and gas company to exhibit at Master Investor Show 2018 on Saturday March 17, 2018 Is there a Renaissance in public companies engaging with private investor audiences? One company that has decided to actively reach out to individual investors is TOTAL S.A., the €115bn market cap oil and gas company listed…
Master Investor interviews Scott Grant, director and co-founder of London South East, the UK’s leading web portal for private investors. 2018 is set to be a landmark year for the company’s flagship website, lse.co.uk. We talked to Scott to get a better idea of what’s in store… James Faulkner: Hi Scott. Many of our readers…
I am sure the Dorchester sensibly seek to distance themselves from the shenanigans at The Presidents Club’s function, since although all sorts of extramural bonking has been initiated and conducted at the hotel, the fact remains that such a reputation can only lead to revulsion in the minds of some potential customers. Thereafter the sillies…
Despite all the dire threats and warnings 2017 turned out to be another strong year for the markets with each of the main equity regions posting healthy gains. The most profitable areas to invest in were the Far East and the Emerging Markets with 11-month returns to the end of November of 27% and 21%…
In the January 2016 edition of Master Investor Magazine I penned an article entitled 2016: The year of living dangerously. That was the year of the Brexit referendum and the triumph of Mr Trump. Populism appeared to be rampant and the Eurozone was under severe strain. But Europe did not fall to the populists. It…
