Pantheon (PANR) this morning sort of explained current delays. Now 86p, it might yet prove very cheap. ***** Foxtons (FOXT) keep on buying back their stock. This is weird given its loss-making prospects. The same goes for Mitie (MTO). ***** My long oil trade has started to go the right way. It was showing a…
As seen in the January edition of Master Investor Magazine. At this time of year the financial press is always littered with predictions about which areas of the market are going to produce the best returns. It can be interesting and instructive to look at the different views, but it’s important to remember that nobody…
The ECB has kept its key rates and asset purchasing programme unchanged while Mario Draghi promised investors there’s more to come in the near future. A dovish Draghi is keeping investors entertained while buying him some time to convince the other committee members to extend the current asset purchase programme. If he doesn’t deliver there…
Current mid price: 9.0p Market Cap: £168m Possible yield: 9.0% If, in the present environment, we were to point to a producing gold miner paying a secure looking more 6%+ historic yield, with every prospect of useful medium-term capital appreciation and a higher yield, you might say “pull the other one”. But with UK-listed South…
Market Position: Gold Above $1075 Targets $1150 Pantheon Resources (PANR): Risk of Further Correction Pantheon Resources was certainly the exception that proved the rule as far as oil & gas stocks being in the doghouse off the back of the plunging Crude Oil price. The big pitch for bulls of this company was and is…
It is so easy to fall into the trap of getting it right a few times, and then thinking you can tell the markets what to do. Well, in the short term, if you have the luxury of piles of money, you can influence the markets, but it’s always going to be short-lived for any…
Monday, 18 January 2016, Mandawa, Rajasthan, India The headline news from Delhi this morning. Capital faces canine crisis: one dog bite every six minutes. The experimental 15 day odd-even car registration entry scheme has just concluded – and air quality has got even worse. India is now free at last to resume normal trading relations…
Neil Woodford is one of the most highly regarded fund managers operating in this country, but despite all his skill and experience his Woodford Patient Capital Trust (WPCT) has generated a negative return over its first nine months of existence. WPCT was launched on April 21st 2015 and quickly rose above the issue price of…
The latest data published by Oxfam show a worrying increase in income inequality during just the last few years. Many believe this to be the consequence of the free market, and in response raise arguments in favour of policy intervention. I myself believe public intervention to be the cause, not the solution, as the global…
Market Position: Below 5,800 on FTSE 100 Risks Towards 5,000 BAE Systems (BA.): Safety in a Sin Stock? With the geopolitical position appearing to be as precarious as it has at any time in the recent past, one would suspect that our friends in the aerospace/defence sector should enjoying life at the moment. This is…
