Are we entering a “new normal” in asset valuations? In an interesting recent piece in the Telegraph, Tom Stevenson, investment director at Fidelity Worldwide, suggested that the current trend for central bank negative interest rate policies (NIRP) that we are seeing across the globe – and their subsequent impact on rising equity values – could…
The fall in Sterling has already influenced potential and actual takeover deals, and it looks as though this will continue to be the case as the divergence between US and UK interest rates makes assets here like engineer Meggitt that much more attractive after Brexit. Meggitt (MGGT): 500p Plus Technical Target From a technical perspective…
Centrica’s cash position has improved markedly suggesting that the current prospective dividend yield at an estimated 5.3% looks sustainable. There is also the support of a significant net asset backing for the shares. For those seeking income, Centrica looks like a dividend stock to accumulate at these levels. To most of us, Centrica presents a…
It is perhaps only natural that the life of a small cap stock will see it go from zero to hero and back again several times. On this basis a company like Red Rock Resources is always worth keeping on the watchlist – a point underlined by the company’s present technical position. Red Rock Resources…
In previous articles I have emphasised the often overlooked and under-estimated, pernicious, effects of dilution on shareholders’ value in the various gold projects I’ve covered. But a higher gold price, depending on each circumstance, might produce a highly geared counterweight. So, how to balance the two? The Gold Fairy vs the Dilution Devil – who is…
Over the past decade or so the internet has transformed the way in which we consume news, with readers moving away from the traditional “deadwood” press towards digital media. The chart below shows how the circulations of some major newspapers have been hit, with only the Evening Standard seeing a rise in circulation over the…
As seen in the latest issue of Master Investor Magazine At 14:46 on Friday 11th March 2011, the Tohuku earthquake – now sometimes referred to as the Great East Japan earthquake – struck off the east coast of Japan. At a magnitude of 9.0 (Mw) it was the most powerful earthquake ever recorded to have…
FTSE 350 Cairn Energy (LON: CNE): Gap Towards 220p Plus What is evident on the daily chart of Cairn Energy is the way the run up to the main 2016 rally was flagged early in the year. January served up a vertical push through the 50 day moving average then towards 140p, with March delivering…
One of the most obvious effects of the Brexit vote was the way many UK facing companies found their share prices slammed upon fears of a recession – or at least the uncertainty as to how the economy would cope to life outside the European Union. One month later and it is starting to look…
Dame Lowell Goddard‘s resignation is in a sense mildly comic. The first two birds, Butler-Sloss and Woolf, were compelled to leave since the leaders of the allegedly abused insisted B-S and W were not impartial since they had had past associations of a very limited nature with those who could potentially be accused or interviewed…
