As seen in the latest issue of Master Investor Magazine Investors often suppose that biotechnology is all about the development of new wonder drugs which zap bacteria and viruses – pharmacology. But in fact the best investment prospects probably reside in other, newer fields of medicine, of which there are several. Today I’m taking a…
FTSE 100 Stocks ARM Holdings (ARM): Push to 1,300p Expected It has been an extraordinary week in the aftermath of the Brexit vote, which has influenced much more than politics. What we can see from the stock market is that this has been a great barometer of the sentiment swirling around both Westminster and the…
“What we should grasp, however, from the lessons of European history is that, first, there is nothing necessarily benevolent about programmes of European integration; second, the desire to achieve grand utopian plans often poses a grave threat to freedom; and third, European unity has been tried before, and the outcome was far from happy.” –…
It may be said that as far as the recent price action of Condor Gold is concerned, only Randgold Resources has really put the performance here in the shade. On the basis that “Elephants don’t gallop”, this may be a situation to consider for small cap fans of precious metals. Condor Gold (CNR): Target as…
Dixon Carphone, at 335p last seen, after the results. The dividend yield is not high enough. In my opinion, this share is not for chasing at this stage. There are better targets amongst UK equities that are more international. Dixon Carphone results emerged in the cold dawn of the UK’s new Brexit world. They were…
Things got interesting latish yesterday in Petro Matad (MATD), now capitalised at £4.5m given the shares in issue of 280m at 1.65p. Essentially, Shell is due to cough up $10m by way of an exit fee and have not yet paid over the necessary. This is because there is no point in doing so if…
At the time of the Global Financial Crisis all those years ago, my view was that RBS should be allowed to go to the wall. That is still my opinion. Indeed, to paraphrase the outgoing Prime Minister’s comments with regard to Jeremy Corbyn, “for Heaven’s sake” will someone close the bank down? RBS (RBS): Bear…
Wolseley looks an appealing post Brexit play. Institutions looking for UK stocks in that sector with interests outside the UK will probably increase weightings. The cash and dividend position of the company improved greatly last year. These shares look good value and the technical position appears attractive. The Wolseley (LON:WOS) share price fell about 8…
About 20 years ago, I was descending a Monro (mountain) in Scotland – Beinn Bheigeir on Islay, to be precise – leading two beautiful young people back to the sea. (My niece and nephew: the girl is now an academic in Switzerland and the boy is in private equity.) And, as it can do there,…
On June 23, the UK voted to leave the EU. After years of campaigning and debates that transcended party politics, the UK is setting out alone. What this means for all involved remains to be seen. There are a few short-term implications, however, that we can bring in to play from an operational trading perspective.…
