Footie resumes tomorrow and I understand that Everton is value to beat Liverpool. Take 3/1. Elsewhere I have put £1,000 on Aston Villa to win the premiership at 200/1. Some will say I’m mad but, although they are possibly correct, backing Aston Villa is not a sound reason. Perhaps more prosaically, I have put £5,000 on Chelsea to win at 14/1. Backing local industry and all that.
The chairman and his representative on earth, Denham Eke, have put £2m into Manx Financial (LON:MFX) on loan terms. 6% p.a. does not seem unreasonable to me and is a comfort for us equity holders. MFX is now 8p.
Serco have sharply upgraded their prospects this morning. Perhaps Capita (LON:CPI) should be similarly treated.
Finally, I sold another 50,000 Orosur (LON:OMI) this morning – this time at 36p. My earlier sales were clearly premature. But this constant rise in the absence of news is suspicious.