Mitie (LON:MTO) continues its highwire act even though the wire has been seriously lowered. This business has gone wrong and it is unlikely that Phil Bentley can turn it round. It is amazing that the banks have let the dividend be paid at all. Half time net assets are disclosed as £223m but intangibles remain…
For the second year running, Master Investor is partnering with UK Private Investor portal, London South East (lse.co.uk), at its flagship investment event. Master Investor Show 2017 takes place on Saturday 25th March at the Business Design Centre, London. Next year marks the 15th anniversary of the annual show that connects private investors with publicly…
We have reached a point where people are so tired of the current economic model that they’re willing to support anyone promising to do away with the status quo and make life great again. It’s hard to find fault, because the current model is obviously rotten and is overwhelmingly biased towards the incumbent wealthy. But,…
Given that 2016 was the year of the great mining sector revival, the worst case scenario would be that the latest fall in precious metals brings that revival to an end. Ahead of the US Presidential Election it appeared that we had a good indicator of the result – better than the pollsters in fact!…
My best ever investment has been Golden Prospect perhaps twenty years ago where I was urged on by my pal, Richard Lockwood, a director and co-founder of the company. Family Cawkwell made £3.5m. Which result struck me as unlikely to be beaten. However, it nearly was yesterday when the 550,000 shares in Avesco (LON:AVS) that…
I normally focus on mid and small cap companies, but on this occasion I have identified a FTSE 100 stock which I think looks attractive at current levels. Occasionally the market throws up real bargains, and when you look back you wonder how the share price ever dropped to that level. I think this is…
With Majestic Wines (LON:MJW) we have yet another of those big name High Street retail sector conundrums to chew on, both from a fundamental and a technical perspective. I have to admit that I was actually somewhat disappointed in the wake of hearing the latest update from discount alcohol seller Majestic Wines, where my initial…
Financial Armageddon? At least you reacted… Readers’ reactions to my piece in this month’s MI magazine on the theme of Financial Armageddon were, as usual, intelligent and interesting. In case you missed it, I was arguing that risks in the global financial system have been rising inexorably to a point where another systemic financial crisis…
It’s been a giddy few days trading currencies and I decided to cash in on my JPY short. It’s quite a profit. By standards understood to me JPY is still a raving short. But timing is everything so the chairman’s advice was taken. However, not long after that he got me to go long Mexican…
I have to admit that Prudential (LON:PRU) does not tend to be the most exciting of companies on the stock market. But as many experienced investors will be aware, it is usually the “boring” companies which are the ones to back. One of the highlights of the stock market since the election of Donald Trump…
