600 Group (LON:SIXH) this morning report their six months to 30th September 2017. These figures are not stellar but they are very encouraging. There are a couple of exceptional items but, allowing for these, EPS is at 0.8p per share. Doubling this to 1.6p for a full year gives a PE of 10 at 16p.…
Has anyone invited you to invest in bitcoin recently? Do you really know what it is? And why did the Chinese ban it? The future of money My lead article in the December edition of the Master Investor magazine will be entitled The Future of Money. Not very Christmassy, you might think. But we need…
I now introduce Toffee Galore. As you can see from her picture she is every colt’s dream of a mate save, possibly, she has knobbly knees which would preclude her cosying up to the average Tory MP. She cost £50,000. Given that a yearling must cost at least £10,000 to produce given stud costs exclusive…
Last month saw some interesting statistics concerning the US stock market. Unless you have been living in a cave in recent years, you will be aware that the major US indices have continually pushed to fresh all-time highs. The latest leg higher within that multiyear trend started after the US election last year – markets…
The recent increase in interest rates by the Bank of England has shone a spotlight on the actions of the major banks. The uplift of 0.25% was automatically passed on to the millions of borrowers with tracker rate mortgages, but the majority of savers with variable rate accounts are yet to see any improvement. Banks…
Ultra Electronics (LON:ULE) looks to me to have gone wrong. I certainly would not buy it and am minded to sell it. Now £12.30. However, for the pension plan I keep on shorting Tesla (NASDAQ:TSLA). TSLA is descending into farce and is as close to a gimme as I have ever encountered in the market.…
“There are certain things that cannot be adequately explained to a virgin by either words or pictures. Nor can any description I might offer here even approximate what it feels like to lose a real chunk of money you used to own.” – Fred Schwed, US Investor “The only difference between the taxman and…
Exactly one year after Mr Trump’s election as 45th President of the United States, what evidence is there that Trumponomics will work? Happy anniversary! This first real week of autumn has been one of anniversaries. First, we marked 500 years since an academic friar by the name of Martin Luther nailed his Ninety-five Theses to…
For the third year running, Master Investor is partnering with UK Private Investor web portal, London South East (lse.co.uk), at its annual flagship event for private investors. On Saturday 17th March 2018 the Business Design Centre, London will host the 16th annual Master Investor Show. Several thousand private investors will get face-to-face access to 100 exhibiting…
On paper, the earlier an individual starts contributing to a pension, the better. It allows more time for compounding to have a positive impact and generally means there is a better chance of a higher value pension at retirement age. However, for someone in the earlier part of their career, there may be a more…
