One by one, for whatever reason, companies are packing it in on AIM. They have had enough of the cost and, above all, they note that the investing public has lost interest and is in practice still losing interest. The effect of the delisting is that typically punters are left with no market by which…
As I have been telling anyone that I can buttonhole at drinks parties for some time, we are living in the age of Alice in Wonderland Economics. Alice in Wonderland Economics is the weird world where investors, such as pension funds, pay to lend to governments which are crippled by debt. (Germany, Japan, Denmark and…
Over the last few months we have witnessed a series of presidential primary elections and caucuses to determine which candidates will represent the Democratic and Republican parties (among others) in the final stages of the US presidential race. The last few months have been not only a time for reflection about economic, political and social…
In the words of Bob Dylan, ‘the times, they are a changing’ Sitting through Donald Trump’s speech after the results of the Indiana Primary, which saw the withdrawal of Ted Cruz (who, like someone else, also has eyes like Caligula) and the triumph of Donald Trump himself, I pondered how the world had changed and…
Market Direction: Euro/Sterling above 78p Points to 83p Capita (CPI): Bullish Falling Wedge Capita can be quite fairly described as a second line FTSE 100 stock, but this does not mean it cannot be enjoyed as a decent charting/technical trading prospect. The present position on the daily chart underlines this idea given the way that…
So, they finally mustered the courage to do it! The €500 note will no longer be produced in the Eurozone, in order to “fight illegal activities and terrorism”, the ECB claims. But, behind that false moralising lies a bigger plan to scrap cash and force people to depend ever more on banks for their money.…
The launch of Terry Smith’s Fundsmith Emerging Equities Trust (FEET) in June 2014 attracted a huge amount of interest, but the shares are now trading just below the issue price of 1,000 pence. Despite the disappointing start, Smith has recently said that he expects it to outperform his highly successful Fundsmith Equity fund over the…
Beximco Pharma (BXP) today announces first class results for the year ended 31st December 2015. The cash and stock dividends are confirmed. What is particularly striking is the 68% increase in export sales and acceptance by the US FDA. All is coming to hand. This makes the stock very cheap under 30p. (Style note: I…
You know when something happens and then later you think of something you wish you’d said at the time? Well, sometimes it happens that you do think of the right thing at the right moment. I was talking with some friends and one of them had seen an article about some contraption that men can…
When I learnt yesterday that Trinity Mirror (LON:TNI) had decided to pull the plug on New Day just nine weeks after the title’s triumphal launch, I felt a twinge of sadness and a stab of guilt. Sadness because I have a very British love of newspapers and I would like to see the sector prosper;…
