Two trips to Australia in two weeks is not a recipe for a Juvenescent life. Bottom line, if you have to do it, go Emirates. It’s way better than BA, sadly, which has dropped all pretence of service in favour of short term profits. I went the second time to speak at a conference known…
Don’t stand on your dignity, just die: Dignity (LON:DTY) needs your death since others are not obliging sufficiently quickly. Or if they are those who arrange these funerals are choosing other funeral directors. At 1,800p, DTY is capitalised at £900 million and has tnav of minus £350 million or thereabouts. There is of course a…
It is hard to imagine a less likely President than Donald J. Trump, yet there is no doubt that his election success has been well received by the markets. When Hillary Clinton accepted defeat last November the most widely reported US stock market index, the Dow Jones Industrial Average, was trading below 19,000 points, but…
Part 1 of an exclusive “how to” blog series – written for exhibitors of Master Investor Show. You’ve set up your stall and you’ve perfected your pitch, but when it comes to exhibiting are you really ready for your audience? You are looking for someone to invest in you and there is no truer saying than…
While the FTSE 100 has gained 4% since the start of the year, a number of stocks typically viewed as ‘defensive’ have slumped. For example, utility companies SSE (LON:SSE) and National Grid (LON:NG.) have both fallen around 15% this year. Both companies could offer turnaround opportunities – particularly for those investors who believe some valuations…
Arrow (LON:ARW) is, at 400p per share, capitalised at £700 million. However, tnav is minus £100 million. This would not matter if earnings were spectacular. But they are not. They are of the order of 12p – which puts ARW on a fairly fruity rating. The business comprises purchasing blocks of debt from, typically, banks…
UK government finances are under extreme pressure. But there is no need to panic – yet. Chronicle of a death foretold Mr Hammond, Chancellor of the Exchequer, rose to the despatch box on Wednesday like a condemned man given one last chance beneath the gallows to plead for his life. It would have to be…
If the United States of America did not exist, it would be necessary to create it. For without America, the world would not be what it is. America remains the unashamedly capitalist dynamo of the world economy. It is the chrysalis of newly emergent technologies that will continue to change the way we live. It…
The FTSE 100 may have reached an all-time high this year, but there are still companies which have underperformed. For instance, Burberry (LON:BRBY) and Whitbread (LON:WTB) have declined by 7% and 10% respectively in the last month. While there is scope for further share price declines in the short run, the two companies seem to…
One of the attractions of buying investment trusts is that you can often pick them up at a discount to net asset value (NAV). This feels like you are getting a bargain because you are paying less for the shares than what the underlying portfolio is worth, but it can be misleading. An investment trust…
