Readers will recall comments made here a few months ago concerning Tom Hayes, who is in jail pursuant to his Libor-rigging trial. He suffers from Asperger’s (a condition which itself raises questions) but is assisted by his wife, Sarah, who is clearly a brick. In today’s Times he writes an open letter to Harry (Wilson,…
From my perspective, cars are money losing machines, magnets to a whole array of legal infringements, and a great source of pollution and ill health to boot. Yet the car culture rolls on, and people appear blind to the costs. This is great for the likes of motor insurer Admiral Group. Admiral Group (ADM): Broadening…
Equity funds domiciled in the UK and mainland Europe have suffered their biggest client outflows for almost five years. The data compiled by Morningstar suggests that Brexit was the biggest shock to investor confidence since the Eurozone crisis in the summer of 2011. The figures from the Investment Association are even more dramatic with retail…
Given that shares of Anglo American have been one of the best recovery situations on the London market for the year to date, it seems almost churlish to look for more upside, but it could very well be the case that this is the correct thing to do. Anglo American (AAL): Upside towards 1,000p Plus…
By Ed Rose The extension of Entrepreneurs’ Relief and introduction of Investors’ Relief announced in the Budget are clearly designed to attract long-term capital investment into companies, particularly small companies with ambitions for high, rapid growth. Does this mean savvy investors will start looking to get into booming sectors like FinTech? The Rise of FinTech…
Cameron has continued in character by awarding his accomplices resignation honours. One of them has got good legs. The others have not displayed their legs for clearance by me. However, Sir Desmond Swayne MP advises that these honours are a “relatively light way of paying off debts of honour”. But it should be noted that…
FTSE 350 Stocks Domino’s Pizza (LON:DOM): Breakout towards 500p Expected It will be interesting to see how the takeaway food market – and Domino’s Pizza’s position within it – maps out with respect to the Just Eat (LON:JE.) and Deliveroo offerings. In the meantime, it would appear that the stock market is keen on the…
Whether or not you have kids yourself, you almost certainly were one once. Birthday parties were something I looked forward to. You’d have your besties over on yours and hopefully they’d invite you to theirs. I hear that nowadays the PC brigade bullies parents into having their kids invite the whole class to avoid making…
It may be unfair to suggest that the banking sector is effectively a long-term sell, but this does at least explain much of the recent past in terms of the fundamentals, and of course the big bailouts. With this in mind we look at Barclays. Barclays (LON:BARC): Above 20 Day Line Points to 180p In…
GKN at 290p have pulled back a little on the half-year results. If they were to move down towards 260p again they would be attractive on an estimated dividend yield of 3.6 per cent. In the three years to 31st December 2015 (the financial year end) GKN (LON:GKN), the aviation and automotive engineering company, had two structural…
