Last week I wrote about Miton Global Opportunities (LON:MIGO), which is an interesting investment trust that exploits pricing anomalies amongst closed-ended funds. One of its holdings is the New Star Investment Trust (LON:NSI) and I think it is worth a closer look as it offers an intriguing and possibly unique opportunity. NSI was originally launched…
It has certainly been a long journey for fans of the would-be Yorkshire Potash miner Sirius Minerals. As most of us are aware, it is usually the case that for mining companies the key is less about the digging, and more about the funding. This is of course, whether or not there is actually anything…
Perhaps ten years ago I first considered the Far Eastern plantations covering palm oil – MP Evans (LON:MPE) in Malaysia and REA (LON:RE.) in Indonesia. The latter was run by a Richard Robinow who struck me as extremely civilised when lunching at Drayton Gardens around that time. His family are what used to be known…
One year ago the FED was discussing whether it should hike its key rate and thus reverse a policy trend that had lasted for a decade. By then, investors were anxiously awaiting such a move, and even expected a rate hike to be the first of many more to come (albeit gradually) over the course…
ITM Power had been a slow burner until now, on both a technical and fundamental basis. But it would appear that the hydrogen refuelling stations company is set to take off in a positive way. ITM Power (ITM): Return To 35p Resistance Expected Renewable energy has ebbed and flowed, rather like the tide, in recent years…
Another month of the phoney war in markets; range bound almost everywhere, except in Japan – which is performing well – and ahead of every other major market. (So it should: it’s the cheapest and best bet!). Don’t think for one moment that this quiet period and low volatility will last – I’ve just been…
The most interesting article over the weekend was offered by Richard Buxton in the SunTel business section. He pointed out the lunacy of determining deficiencies in pension funds by assuming that the annuities that they face buying must have their cost determined by the current yield on gilts, a figure determined by the barmy QE…
Becoming a home owner is an obsession of British Millennials. Unlike many Europeans and Asians who are happy renting throughout their twenties and thirties, most Brits chase the dream of owning a home as soon as possible. Commentators may never agree why it has become such a huge milestone; some suggest overbearing rental pressures, while…
Shares of French Connection are back in the frame this week as a takeover situation develops. It is surprising that we have not seen the retailer as a red-hot contender on a regular basis. French Connection (FCCN): Bear Squeeze Should Lead To 50p Plus The High Street has been and continues to be a battlefield…
The prospect of a new US President, a US interest rate rise and Brexit mean that defensive stocks could become increasingly popular. That’s why I’m optimistic about National Grid’s future prospects. There is no such thing as return without risk. In fact, risk is always present for equity investors. However, there are periods of time…
