The latest newsflow regarding Shoat’s Creek reminds us that Red Rock Resources (LON:RRR) is firmly back in favour as far as investors and traders are concerned. The path to shareholder glory for Red Rock Resources is proving to be a long one. One of the highlights for me in the recent past was forgetting the…
As discussed in my article for January’s edition of Master Investor Magazine, 2016 was a great year for small cap shares. The AIM All-Share rose by an impressive 14.3%, the FTSE Small Cap Index surged by 11% and dozens of individual stocks grew in value by more than 100%. Three stocks even finished the year…
Apparently, Phil Bentley has decided to effect an external and supposedly independent review of accounting at Mitie (LON:MTO). This is ridiculous since the current auditors have been over matters several times already. So what is really happening is that Phil wants to go a-kitchen-sinking. It will not be pretty. As to what the business’s prospects…
I have to admit I liked the story behind Edenville Energy (LON:EDL), emanating from late summer last year onwards, that the Tanzanian Government had banned coal imports. By rights this should have made the shares climb vertically, something which would have been all the more pleasing given the way that at the time they were…
We are at an important juncture in Europe. In particular, in the eurozone. For the last few years this group of countries has been performing badly both in economic and political terms. Poor decisions combined with a lack of economic and political integration and unfortunate external interference (through terrorism and political manipulation) have led the…
Try this thought experiment: Your small children are strapped into the child seats in the back of the car and you are driving down a country lane. Now you are approaching a bend in the lane, and a cat darts out into the road. If you swerve to avoid the cat you know that you…
Just Eat (LON:JE.) at 530p is capitalised at around £3.6bn and has virtually negligible tangible assets. The gap is hope value. And things are currently going swimmingly. But the problem is that there is nothing patented or patentable in this company and, as a result, JE. is eventually wide open to devastating competition. The new…
One of the highlights of the past year on the stock market has been the rise and rise of mining stocks. But the problem has tended to be the embarrassment of riches in terms of the choice of companies to go for. Nevertheless, European Metals (LON:EMH) has offered a smoother ride than most. European Metals…
Morrisons (LON: MRW) has enjoyed a superb Christmas trading period. The food retailer posted its best performance for seven years as it recorded LFL sales growth of 2.9% for the nine weeks to 1 January. A key reason for this is the company’s strategy, with its focus on improving the customer experience, becoming more efficient…
Looking back it is hard to believe that 2016 turned out the way it did. Even Mystic Meg would have struggled to predict Brexit and Trump and the impact they have had on the world’s financial markets. Forecasting is always a mug’s game, but analysing the recent performance and its influence on investor sentiment can…
