Rio Tinto (RIO) shares have come from being bombed out earlier this year to fair value. Any fragmenting of confidence in world economic recovery triggered by Brexit will surely depress the shares again? The time has come to have another butchers at Rio Tinto (Rio) after what Japanese pilots used to call a “Heavenly Wind”…
As seen in the latest issue of Master Investor Magazine If there was a league table for reasons why companies cut their dividends, then I’m pretty sure that excessive debts would be somewhere near the top. So the need to avoid companies with too much debt is important, but it’s even more important for high…
I have to admit, the irritation factor associated with Moneysupermarket advertisements make it almost impossible to deliver an objective appraisal of the company. For this reason, there is always the charting perspective… Moneysupermarket.com (MONY): Downside Gaps Threaten 200p Perhaps one of those companies of whom the bears have been prowling for so long looking for…
Yet again, St Peter Port Capital (SPPC) has produced figures that are utterly at variance with the share price, now 10p. This morning’s statement, covering the year ended 31st March 2016, declares tnav of 37.38p. To justify this discount one has to work on the assumption that the Shore brothers are light-fingered. They may be.…
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…
