I first started running comedy clubs in 1998. Of course, you could still smoke in pubs and bars in those days. I used to joke to the punters that it was a healthy option to come to comedy because on the one hand they would lose 5 minutes off their lives (perhaps) with each cigarette,…
Market Position: Nasdaq 100 above 4,200 Still Targets 4,400 Plus ITV (ITV): Dead Cross Disappointment One of the things that strikes a long in the tooth stock market observer is that way that companies approach their investor relations, or not. What we tend to have right across the board from the minnows to the blue…
It’s a long running joke that no one has ever bought a full priced sofa. With 50% mark downs, mega discount deals and snap sales the furniture retailers always seem to have promotional offers on the go to attract the punters. Nevertheless, there is still money to be made in the sector for investors. The…
Wirecard (WDI on Frankfurt) yesterday pointed out to Morgan Stanley that no current or past staff of Wirecard had anything to do with Wirecard UK Limited. However, it seems that Mr Rudiger Trautmann was appointed a director of Wire Card UK Limited on 27th July 2006. Mr Trautmann was COO of Wirecard from 2005 to…
While some are anxiously waiting for an expansion of the current European QE programme, others are praying for that not to happen. At this point, an expansion of QE and a further interest rate cut may act as dynamite for European banks and do little for investors. Banks stand to lose profitability if the European…
Market Position: Euro / Sterling – Above 77.50p Targets 80p Barclays (BARC): 2015 Price Channel Target at 140p Perhaps the first point to observe about the aftermath of the update from Barclays that while the dividend was cut on impairments and profits were squeezed, rival Lloyds Banking (LLOY) saw a £2bn special dividend payout. Given…
Greggs (GRG) has been a bit like Bitcoin. I remember hearing a commentator say that they’d thought Bitcoin at $1 was overpriced, then at $2, and so on… until it had reached around $1,000. Greggs has been similar. It just seemed to keep going up and up and up. The rallies in its history are…
Lloyds Bank at 72p after the annual results for the year to December 31st 2015. The shares are essentially now an investment in the end of PPI claims and provisions leading to big annual dividend payouts this year and next. Lloyds Bank shares: are they cheap or dear now that the share price has burst…
When places are far away and not that vocal it’s easy to forget they are there. New Zealand is one such example. Quietly beavering away, building a sound economy since the UK joined the Common Market back in 1973, New Zealand has set up a very sound business. Their GDP chart is excellent. Almost every…
Market Position: Gold above $1,220 Targets $1,300 Morrisons Supermarkets (MRW): 2015 Triangle Target towards 220p Until today, you might be forgiven for thinking that Northern focused grocer Morrisons, and tech stock hero retailer Amazon (AMZN) were at opposite ends of the retail sector. In most people’s minds, the former represents the 20th century and the…
