Last week I hosted my birthday lunch (at Le Colombier in Dovehouse Street SW10 selected for the best ever chips). One of my guests was Gina Miller, England’s most widely known litigant. She is remarkably lively.
And, at the weekend, we had Newmarket with Pinatubo providing a truly breathtaking display. The 2020 2000 Guineas looks to be his for the asking. We’ll see about the rest. It was enjoyable to watch Sheikh Mo’s pleasure in his colt’s victory.
Meanwhile, events in the Middle East deteriorate yet again. Markets do not seem to mind whereas I think they should.
As readers already know I dismiss purchases by NED’s for less than £100,000 as mere refunds of excess fees. But the founding Robinow family have dived into REA (RE.) as to c. 2m shares at 145p. They know what they are doing and I therefore think it is reasonable to expect the share price to go markedly high.