William Morrison (MRW) at 165p after the Christmas trading statement. The management’s performance is attractively successful and confident. Trading over Christmas was far better than expected. I shall watch to see if the share price breaks out of this year’s downtrend. It looks close to doing so. The William Morrison (MRW) share price may have…
RBS has issued a warning that the coming year is not about return on capital, but return of capital. Should you listen to a bank that so monumentally cocked up that they are now really Royal Bank of England, having been bailed out by the government? There were very serious errors of judgement as they…
Having spent an hour or so on Monday filling up with Pantheon (PANR) at 140p, I put the delay in flow rate test RNSs down to the difficulty of gauging just how much was down there. Yesterday morning it transpired that something had probably gone wrong with the “mud”. This is a chemical concoction forced…
As featured in the December issue of Master Investor Magazine. A book review by Richard Gill, CFA With another year soon to be upon us investors are welcoming the return of an annual classic, The UK Stock Market Almanac. Author Stephen Eckett has once again updated his seminal handbook in order to guide investors and…
So all the while that lack of news has had investors muttering that it is about to go bust, Ncondezi Energy (AIM:NCCL) has been quietly progressing its negotiations with China’s SEPCO to build its 300MW power plant on its Tete coal field in Mozambique. A surprise RNS late afternoon yesterday (January 11th) spurred the shares…
About eight years ago I wrote an article about David Bowie, and how he’d been very astute in collateralising his future royalties. It was in response to claims in the gutter press that he’d been responsible, by doing so, for the credit crunch! For many of us, Bowie was the most influential artist of the…
I understand that the Shell bid for BG (BG.) will not go through. BG is now 926p. ***** Yesterday’s MoS extolled Redt Energy (RED). I now understand that RED’s batteries work on liquid vanadium and are nothing to do with lithium. How vanadium can be liquid goodness only knows. But that is what it’s about.…
Marks & Spencer at 439p (last seen) after Q3 results. Food, glorious food, but inglorious general merchandising. Operationally, an improved performance. My view: watch and wait to buy. Marks & Spencer (MKS) results, when they come, have the problem of being viewed mainly in relation to one aspect of its business mix – that is…
Last week, The Danmarks Nationalbank increased its deposit rate by 10 basis points in a move towards policy normalisation, particularly in regard to interest rate spreads against the ECB. In terms of the Danish economy, this move means almost nothing because short-term interest rates will continue to move within the negative interest rate policy (NIRP)…
During this last trip to France for the New Year something really shocking happened. I was walking through a small town on my way to the boulangerie early one morning to buy some freshly baked croissants for breakfast when I availed myself of a pedestrian crossing to cross the road. And – you won’t believe…
