You may not know that profit warnings have hit a 6-year high in the UK. Of course, some companies blame exchange rates, others low oil prices, but I think it’s something else. The list of companies is diverse and tends to imply a more structural problem. Balfour Beatty I mentioned the other week in a…
Like Oedipus before it, PayPal has (sort of) slayed its father eBay and taken the e-commerce seller’s place on the S&P 100 after the online payment system provider spun-off from the company that bought it for $1.5 billion back in 2002. So how will the nascent stock fare untethered from its (former) parent? Well, early…
I’ve said before that the only reason we’ve appeared not to have a recession in London and the South is because foreign money has parked itself here as a safe haven. I mentioned property in particular before, but in case you didn’t know more than half the stocks listed here in London are owned overseas.…
As featured in this month’s Master Investor Magazine. “We like to create value rather than merely identify it…if we just identify value, we can’t make money unless the market moves the security in the predicted direction.” ― Paul Singer A Non-consensual Man This month’s hedge fund manager in focus has some peculiar characteristics that make…
I know there are difficulties in shorting World Acceptance (WRLD on Nasdaq) here in London but yet another executive director has resigned which suggests that serious prosecution might be close. If so the share price could easily halve and more. Now $58. Afren (AFR) has an EGM on Friday. I am unclear as to what…
– The FTSE 100 closed the day at 6,775.08, a decrease of 21.37 points. – The FTSE 250 fell by 9.46 points to 17,755.91. – The FTSE All Share declined 9.43 points to 3,690.58. – The FTSE AIM All Share finished 0.08 points higher at 756.84. The German Bundestag has voted in favour of the…
I used to play online poker quite a lot. Actually there are a lot of similarities between trading/investing and poker. You have to maintain your capital, there’s a cost of being in the game and if you’re going to win you have to try to take a stand with something which has a good chance…
So here we are, after some six months of lethargic action which all and sundry translated into the beginning of the correction. Yet again the market has come around to my way of thinking that there is indeed at least another leg up on the bull market remaining. This is something I have been insisting…
“It is excellent to have a giants strength, but it is tyrannous to use it like a giant…” Somewhere in Yoorp… Interviewer: Mr Draghi… you’re a central banker. After promising to extend yet more emergency money to Greek banks, a Euro 7bln bridge loan to repay yourself next week, and a new Euro 86bln 3rd…
An Interview with Paul Dowling, CEO & Founder of Dreamstake On Monday July 20th at 6.30pm, Master Investor will be co-hosting a three-hour evening course “Tech Angel Investing”. Our partners for the event are Dreamstake, Google Campus, and the UK Business Angel Association (UKBAA). We had a chance to ask Paul Dowling of Dreamstake a…
