I had always assumed that Watchstone (LON:WTG) had an unassailable claim to the £50m in escrow. However, this morning’s update shows that WTG has entirely written off any expectation of holding onto this money. I really do not know what to make of this. The rest of the statement is very flat and certainly not…
On the fifth of March 2009 the Bank of England reduced interest rates to the supposedly emergency level of 0.5%, and then cut them again last August to restore confidence after the Brexit referendum. The accommodative monetary policy has provided enormous support for those looking for capital growth, but it’s been a torrid time for…
It has not exactly been an easy ride for shareholders of Rockhopper Exploration (LON:RKH). However, those new to the “party” might be interested at present share price levels. It really is something to say that the share price of Rockhopper is as volatile as the newsflow, especially given that the explorer already occupies a very…
There are hundreds, if not thousands, of investment strategies in existence which proclaim to be the best for maximising returns. From broad policies such as value or growth investing, to more quirky approaches such as astronomical cyclical analysis, investors are spoilt for choice when it comes to selecting a set of rules or procedures on…
The European banking sector made gains earlier this week following the first round of the French election. Investors seem to be upbeat about the prospects for pro-European candidate Emmanuel Macron. If he wins in the second round against Marine Le Pen, the consensus among investors seems to be that the EU and the Euro could…
When showing others in its sector how to deliver the process of transitioning from a resource to a fully-fledged development project, Sirius Minerals (LON:SXX) has proved to be quite a revelation. As far as the AIM market is concerned, and arguably throughout many stock markets, the track record of mining companies has to be described…
Juvenescence, Bill Gates and the markets It’s been a month since the Master Investor Show, and it’s been a busy one. Markets have basically gone nowhere, except for the post-Macron relief rally which, if you ask me, will soon peter out. I’ve been busy getting the Juvenescence book done, and I think I am now…
The £757m Woodford Patient Capital Trust (LON:WPCT) has recently announced its annual results for the year ended 31 December 2016. These show that it was a disappointing year for investors in the fund with the NAV falling 4.2% and the share price losing almost 10%. WPCT was launched in April 2015 with the aim of…
One of the golden rules of investing is that you should understand the business you are invested in. In the case of Wandisco (LON:WAND), this might not be so easy for some. When Wandisco came to market bulls thought that it would capture the Big Data revolution. Call me old fashioned, but it seems to…
The focus of this article is to look at the investment potential in Brazilian blue-chip banks. But let´s quickly recap the macro view around Brazil, which as always, is dynamic. The current market consensus is that even after the strong rally in the Brazilian equities (+20%) and currency during the last 12 months (note the…
