The recovery in mining stocks took many by surprise in 2016. However, despite the renaissance, there is still a heavy weight of opinion against the mining sector. With this in mind, the contrarian in me is optimistic for continued outperformance in 2017. I know my writing here is too intermittent to update readers on investment…
A previous technical call on Pantheon Resources (LON:PANR) suggesting that below 100p the stock could fall to 50p was not exactly popular. However, the late 2016 dive towards 60p meant that this view was not too wide of the mark. Pantheon Resources was one of the most outstanding small cap stocks of the first part…
BP is entering a new phase in its history, with it having drawn a line under the costly oil spill of 2010. Its valuation and yield have appeal in my view within a sector that remains generally undervalued. Therefore, I feel that now is the right time to buy BP and that 2017 could be…
Most investment trusts normally trade at a discount to their underlying Net Asset Value (NAV), but there are one or two where the manager is so highly regarded that the shares generally change hands at a premium. A prime example is the £860m Finsbury Growth & Income Trust (LON:FGT), which is managed by Lindsell Train.…
I have to admit that while Innovaderma was on my radar as a potential charting play to make a call on, getting a request on Twitter and then finding out they are involved in hair loss treatment mean I am starting the year with this play. It would appear that in the skin area Innovaderma…
We are at a juncture where the full extent of India’s massive demonetisation mess will be revealed as banks prepare for an assault at their physical currency holdings. After removing 87% of the circulating currency, the government is preparing to allow citizens to withdraw whatever they want in the new currency. But is there enough…
Thank goodness that Christmas is over. It is an absurdly long compulsory break. As Christopher Fildes pointed out thirty years ago banks do not need holidays even if people do. ***** Pantheon (LON:PANR) came up with more drilling results last week. I am told that they are very bullish and I am therefore inclined to…
Happy New Year! As if 2016 wasn’t tumultuous enough, 2017 promises to hold many more surprises. Here’s a selection of our best ideas from some of our favourite commentators… Alphabet Inc. (Google) – Victor Hill During 2016 I wrote more about Alphabet/Google (NASDAQ:GOOGL) than any other company. Reading around, I came to understand that Google…
My family has gathered on the Isle of Man for the holiday period, and a jolly time we have had. The one unpredictable and notorious feature of this beautiful island is the “four seasons in one day” phenomenon, which means we go from lashing rain to bright clear skies in literally a matter of minutes.…
It should be admitted that the Rockhopper Exploration (LON:RKH) journey has not exactly been a quick or easy one for its fans. However, at least from a charting perspective it may be that going into 2017 we are looking at a recovery situation. Given that cash is supposed to be king in a number of…
