There is a disconnect going on here. I mean, this morning’s Guardian runs a story on Sadie Frost’s damages claim which she has won from Mirror. I hear a figure of £250,000 plus legal expenses. Since this sort of pole-axing amount is to be repeated many times to come, one must presume that Trinity Mirror…
I recently came across an interesting comment from Nick Train, the highly regarded manager of the Finsbury Growth & Income Trust (FGT). He was quoted in the Telegraph as saying that he had not bought or sold a single share for four years and that on average he retains his shareholdings for eighteen years. FGT…
The first thing to report is that the SSE share price rose to 1,696p during the course of report day 20th May 2015; this is the highest the share price has been in five years. Consider it a nice capital gain with which to pay an energy bill that has not come down with the…
The Confederation of British Industry has said that businesses should step in to the debate on EU membership early and stated that remaining in the organisation was in the country’s best interests. The remarks were made by the CBI’s President Sir Mike Rake ahead of the organisation’s annual dinner. Sir Mike told the BBC that…
In the words of that great retailer Mr Grace of Grace Brothers Department Store, in the much loved BBC comedy “Are You Being Served”, Marks & Spencer (MKS) has done very well. As a long term bull of the M&S recovery story, I am pleased to note that Marks & Spencer shares over the last…
I’m a big fan of competition and the efficiencies and competitive pricing it brings. But a lot of what the Royal Mail does is what I would call a service. In fact, RM is a classic example: part commercial, part service. Transporting parcels is a business. Parcels are not an essential service, so it should…
Shareholders in Vectura* (VEC), of which I am one, should breathe easy following this morning’s results from the inhaled medicines specialist. Vectura has reported a maiden profit after tax of £3.7 million on the back of revenues up by 59% to £58 million. However, this is just the beginning, as Vectura is now a company…
For months now I have assumed that Plus500 (PLUS) is a fraud. Nothing adds up. Anecdotal evidence of wholly improper conduct piles up. But the proof of a sustained deception has been hard to come by. And at last there is something really concrete. Overnight a source has again contacted me with the results of…
By Amy McLellan Nostra Terra Oil and Gas continues to add to its portfolio. The AIM-quoted E&P has acquired a one per cent working interest in the San Miguel Prospect stretching for 35,000 acres in South Texas, building on last month’s acquisition of an interest in the 20,000 acre Don Pedro prospect. This represents Nostra…
By Stewart Dalby London AIM-listed InfraStrata started out as a gas storage company before diversifying into exploration. As it starts out on an exciting five well drilling programme (two of which will be sunk this year) it has announced that first up with the drillbit is a well to recover salt cores on its Islandmagee…
