I recently received an email from a genealogy website called Ancestry.co.uk offering me a DNA test for just £79 (reduced from £99). “Our DNA matching combines ground-breaking science with traditional research to give you the most accurate family history results available. The technology pinpoints relatives you never knew existed; you can then work with your…
The US dollar came under renewed pressure this week, but the Greenback isn’t dead yet. US dollar weekly chart As the daily chart above indicates, the US dollar index looks set for a negative week ahead of Friday’s Non-Farm Payrolls, but this merely brings the trend back to the 14 period moving average. The April…
After figures for year to 31st March 2015. With the share price up 12% in only four months (an implied annual growth rate of about 36% or so) what now? In a note I wrote on Dixon Carphone (DC.) late last March in another place (the very last of them as it happens) I wrote the…
– The FTSE 100 fell by 91.22 points to 6,859.24 points – The FTSE 250 tumbled 173.04 points to 18,090.42 – The FTSE All Share decreased by 44.02 points to 3,742.82 points – The FTSE AIM All Share finished the day down by 0.11 points at 778.02 points. Quelle surprise! The Bank of England’s Monetary…
Tribal Group: (TRB.L, FTSE Small Cap Index, Mkt. Capitalisation £147m, 155p and 2.5% of the JIC Portfolio) During the last month I have introduced a new stock to my portfolio, Tribal, the educational software business. I have held this stock in the past, between 25th January and 14th August 2012 before selling too early but…
2015 has been a stellar year for M&A fans; seemingly every day a serious merger or acquisition is being considered, composed or completed. Shell and BG, Playtech and Plus500, Intel and Altera, Bwin and GVC or 888, Zoopla and uSwitch: this is a small selection of the deals that have been floated or confirmed in…
Re-cap on last Thursday’s calls: Short Tesco (TSCO) at £ 2.17 made it as low as £2.05 within three trading days, followed by the inevitable bounce to about £2.11. I am staying with my call of £1.75ish price target for the patient. The £2.00 level is a major psychological level and when breached will most…
The chairman of Burnbrae Media Limited, better known as The Debonair One, has been on this morning about the bond rout. It’s definitely going on and, if persisted with (it will be), means equities are under pressure in the near future. I nicked £10,000 on daily FTSE and, as I now recount, came across something…
A few months ago I came across an interesting report that examined which managers have the highest personal stakes in their funds. It is an important issue because those with a considerable exposure have an added incentive to ensure that they work in their investors’ best interests, yet you rarely hear anything about it. The…
While Circle Oil continues to make headway on the ground, with strong production from its fields in Egypt and Morocco, it is clear that lower oil prices have taken their toll on the AIM-quoted E&P. Last year production averaged just over 4,897 barrels of oil equivalent per day (boepd) and 4.24 million cubic feet of…
