Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Hello Share Scramblers. Being an author myself, I can attest to the fact that books are not selling as well as they used to. The time was when I could bring out a book on making cash from shares and it would disappear rapidly from the shelves. But that was in the days before a lot of reading matter could be found free on the internet and shares were doing a lot better. Don’t let that put you off buying my latest however - Share Attack.
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
James
Malcolm,
Bloomsbury also look to be debt-free, with a sizeable chunk of cash on the balance sheet if I read their accounts right.
Further, on the dividend, the forward yield is 4.2% and its worth adding to this that Bloomsbury fall into “dividend achiever” stock screens with at least 9 years of dividends being held or increasing and with decent cover (dividends should also be more than twice covered on forward projections). In uncertain markets, this is an additional income quality factor.