I was forwarded a crowdfunding proposal yesterday where EBITDA was less than the ‘E’. The entire proposition was and remains fraudulent and is surely in breach of any sort of conduct rules one can imagine. I thought that the prospectus rules forbade raising new shares from more than twenty subscribers if a prospectus had not…
Summary – India is starting to represent the new breed of high-growth emerging market, as Indian GDP grew by 7.5% in 2015, outpacing Chinese GDP growth (6.0%) for the first time. – While China has spent the past several years developing infrastructure and reaping the economic growth benefits of an emerging middle class, it is…
I have met the management of Techfinancials enough for them to be fully aware of my comments regarding the progress of my middle age. But as far as stock market sentiment is concerned, it is this business’s coming of age that we’re interested in. Techfinancials (TECH): 40p Best Case Scenario Target The kind of charting…
Last week I wrote about the merits of investing in index-linked gilts as a way of protecting your capital against inflation. There are several specialist funds that operate in this sector, but if you don’t want to get involved in such a niche area you could get a decent exposure via a core portfolio holding…
The run up to a company returning to profitability can be as positive on a fundamental basis as the technical run up to a golden cross buy signal between the 50 day and 200 day moving averages. In the case of Wishbone it would appear that the fundamentals as well as the technicals are equally…
Churchill Mining (CHL) keeps crawling up. And it is nothing to do with the general trend of indices. But have the buyers got wind of a touch of fair play on the way from the Republic of Indonesia? I doubt it. Even so, at 29p, I am not selling. Clear Leisure (CLP) has jumped 80%…
Does one chase this market into the mist and mellow fruitfulness of September or are most of the blackberries gone leaving only the thorns? According to the FTSE Actuaries Share Indices published by the Financial Times last week, the FTSE100 Index was valued at nearly forty times earnings and on a dividend yield of 3.7…
I have a lot of ideas for pieces, and in many cases they don’t turn into full articles, and get buried in digital dust. I came across this next paragraph of an idea the other day. I quite like it but never fleshed it out and the moment has gone to some extent perhaps. Scotland…
FTSE 350 Stocks Lloyds Banking (LLOY): Above 50 Day Line Promises 65p Zone It would appear that shares of Lloyds Banking, and the rest of the High Street majors in its sector have staged something of a fightback over the summer. This is so even though it is rather difficult to think of a decent…
Barratt at 498p is still running strong on fundamentals and a great total return of capital gain and dividend buy. The full year results for Barratt Developments, (498p last seen) have contributed another lighted match to the bonfire of views on house building shares. Their share price has after all, had one hell of an…
