Angling Direct (ANG) is a company that I actually like and have used myself to buy fishing tackle from, both in store and online, but what I’m less keen on is the market cap and struggle to see the value in it.
Cybersecurity services group Smarttech247 (S247) has announced an agreement with behavioural AI-based email security platform business Abnormal Security and that this has already resulted in a contract win with “a global aviation organisation”. What now with this currently helping the shares up to a 35p offer price?
Although I follow the mining sector in general fairly closely, coal isn’t one of the commodities which has ever interested me that much, but despite that, I can see the appeal of Thungela Resources (TGA) at the moment.
Describing itself as an “innovative fire extinguishing fluids and fire safety products” company LifeSafe Holdings (LIFS) has issued an AGM statement including that “sales growth has continued to exceed the board's expectations… becoming increasingly confident that the current outperformance of sales augurs well for trading in the second half of the year”. So what of a share price currently up to 41p?
Concrete placing and levelling equipment company Somero Enterprises (SOM) has issued a “trading update” including that “the health of non-residential construction activity in the US, Europe and Australia, the company's three main markets… has remained intact”. So what of a current share price response to 300p, more than 9% lower?
Describing itself as “a market leading provider of geospatial productivity and collaboration software for the telecoms and utility industries”, IQGeo Group (IQG) has announced results for the 2022 calendar year and that it “remain very confident in our ability to deliver on our targets for 2023 and beyond”. So what of a currently slightly lower 197p share price?
Structural steel company Severfield (SFR) has announced an agreement to acquire Voortman Steel Construction for a net €24 million, emphasising it will provide it with further market and geographical diversification and is anticipated to be earnings-enhancing in its first full year of ownership.
Global forecaster and author David Murrin says that the road to war is peppered with polarization. Murrin explains that the human strategy for survival is through social structures, and that wars between a weaker system and a rising system are necessary to create a better outcome. He also explains that war is regulated by the Kondratiev cycle which takes place every 56 years.
Hello Share Takers. The case seems to be growing for buying shares in Britain’s high street banks. The biggest driver of the stock is the rising interest rate. Banks will earn more from the money they lend out. But they don’t seem to be offering bigger rates of interest on accounts, if they offer anything at all.
Back in July I observed, not for the first time, that “the deep yawn continues at Vodafone (VOD)”. Since then, the multinational telecommunications company has continued to perform disappointingly. And today the current CEO has decided to exit (quite soon). Interesting.
Shares in Tesco (TSCO) were above 270p as recently as August but have fallen back significantly as it faces clear macro challenges. However, it has a long track-record across economic conditions and we consider the share price fall has been too extreme.
Hello Share Movers. Despite detractors among some of my colleagues on this mind-blowing site, including the fiendishly analystic Steve Moore, I renew my support for a company that makes plastic substitutes. Biome Technologies (BIOM) had a torrid time of late, plunging 170p to 46p last month. However, the shares rocketed by as much as 100% this week, later dropping back to about 60%. There aren't many shares that put on even 10% these days.
The markets in general are pretty weak at the moment, but unless you’re planning just to sit in cash, there are still opportunities as long as you’re taking a longer term outlook and can weather any further drops we may see.
Having recently reached above 200p, shares in Northbridge Industrial Services, now Crestchic plc (LOAD), have fallen back to a current 200p offer price, £56.5 million market cap. However, recent corporate activity and trading mean we target a more than 250p share price within three months and here’s why.
Provider of fryer management and other services to commercial kitchens, Filta Group (FLTA) has announced a “trading update” including CEO Jason Sayers “delighted with the group’s performance in 2021 despite the ongoing challenges from Covid-19… significant growth in revenue, whilst managing these challenges”. So what of the shares, having currently responded up to 143.5p?…
Late last month I observed that boohoo (BOO) was uninteresting to me, but I was going to have a look at shares in ASOS (ASC) which was due to give a big update this Thursday…but it has come out early. I bet you cannot guess why!
It is easy to make investment selection errors but it is also easy to miss out on sensible investment opportunities. Over the last 10 months I have written twice about the industrial flooring company James Halstead (JHD), most recently back at the end of March. Back then I talked about that ‘looking for a bad day (or three) share price below 500p feels like a sensible longer-term buy of this sensible family influenced name forged in 1915’. Judging by today’s update from the company, I should have taken advantage of the opportunity I had to do that back in May.
Xeros Technology Group (XSG) is “delighted to be partnering with two domestic washing machine manufacturers” and the shares have responded slightly higher to 232.5p. So what’s the partnerships detail and valuation?…
Provider of fryer management and other services to commercial kitchens, Filta Group (FLTA) “is pleased to report that it continues to experience an increasing level of demand for its services in all of its operating territories”. What does this operationally and financially mean?…
I remember when I first covered Bushveld Minerals (BMN) as a buy back in 2016 at around the 2p level, prior to the completion of its asset acquisition, vanadium wasn’t a commodity that you heard mentioned much.
Hello, Share Pushers. I’ve not covered Kingfisher (KGF) before, if ever. But it’s hard to ignore that this company seems to have benefited from Covid - and could continue to do so once the virus has gone. It’s the stay-at-home DIY boom that has prompted its soaring sales. That and the fact that many of its 1800 stores have stayed open, in Blighty, anyway, because what they sell is deemed essential.
Just over a year ago I wrote an article mildly bizarrely titled ‘Only Oscar Wilde understands SIG plc’ HERE. You can read about what I trying to say, but suffice to say the (fortunately very few) shares I owned in SIG plc (SHI), the ‘leading European supplier of specialist building solutions to trade customers across the UK, France, Germany, Ireland, Poland and Benelux’, did not have a good 2020. However – in line with much of the market – the shares have at least doubled since eleven months ago. So do I move on or think about doubling up my holding?
I can understand why people aren’t rushing to invest in the travel sector currently as the situation looks very bleak with Covid worsening and further travel restrictions and lockdowns being added on a daily basis around the world.
A “Trading Update” from ‘logistics, e-fulfilment and returns management services’ company Clipper Logistics (CLG) includes “November and December, revenues in its logistics business were 50.0% higher than in the corresponding period of the prior year, with strong growth in both e-commerce related activities and non e-fulfilment services”. What does a share price currently up to 600p discount?…
This year has all been about Covid- related stocks and anything with even a vague association with that, but over the next year or two the biggest profits will be made from companies that have been hit by the virus but have had the strength to survive and will reap the benefits as things begin to return to some semblance of normality.
Hello, Share Masters. I’m not the only one on this beloved website who’s opined that it’s often the more boring of stocks that produce the best rewards. And you probably can’t get more mundane in the sense of a lack of frequent news than the BlackRock Greater Europe Investment Trust (BRGE). Nothing much happens here – except that the share price rises on a regular basis. Once again, it has busted through its all-time record and I see no reason why it cannot continue to motor north…
Hello, Share Squeezers. Time for another look at how the Brexit farce is likely to affect our shares before Christmas. The can of the final outcome is once more being kicked down the road. And as far as the City is concerned, the dithering and delays are a good thing.
Hello, Share Bundlers. Looking at the chart for Lloyds Group (LLOY) is enough to give anyone the heebie jeebies. Mid-August the shares fell to 48p. Only a month later they were 55p. So up by 14%, which is an unusually big jump for a Footsie company. Less than three weeks later they were back down to 50p. And then at the end of last week, they were back to nearly 60p. Or approaching 20% better than on the ninth of this month. My Lloyds holding is one of the biggest in my book, so this up and down performance is pretty stressful. But why is Lloyds so volatile lately?...
Almost a year ago I suggested that it would be a good time to consider banking at least some profit on Bushveld Minerals (BMN), but now that the share price has almost halved since then, I believe that the shares are now back in the buy zone. Here, in detail, is why...
Hello Share Spooners. I’m making a lot of dosh these days. Not through trading shares, but in selling a load of what my wife describes as’ tat’ on eBay. It’s amazing how much little sales mount up. However, it’s currently hard work supplementing my income by trading shares.TW Note is not the Welsh word for what you sell tuch? (not sure on spelling)
The angling market is a sector that I know very well as I also work in marketing for the UK’s largest tackle manufacturer, and in the past I haven’t been convinced that the shares in Angling Direct (ANG) have offered any value for investors...
Hello, Share Smashers. It’s not often I look at funds rather than individual company plays, but this one looks interesting. The onerously-named Sequoia Economic Infrastructure Income Fund (SEQI) has some rather unusual companies in its portfolio, compared to many funds which run well-known names...
Hello, Share Scullers. Whether or not you want to stay in or come out of Europe, I think you’ll agree that shares will shoot up if a second referendum is announced. Just as they will topple if we come out with no deal. As private armchair tycoons, we need to take a view on which outcome is most likely to happen.
Hello, Share Puddlers. It’s very possible that the next leader of the Tory party will be a tougher negotiator than Mrs May. This would be more likely to end in a no-deal Brexit. So how will this affect the companies we share shifters invest in? Here are some precautions you might take.
Hello, Share Screamers. There are City analysts who say that shares are cheap now and can only go up. There are others, like talented Shareprophets writer David Scott who say they can only topple as yet unappreciated global headwinds blow in. But what’s the real story?
Hello Share Trudgers. Let’s try and bring common sense to private share trading in these difficult times. One way of proceeding is to buy Footsie giants, rather than tiddlers. This is because many jumbos do the majority of their business outside the European union. Also, the bigger firms are more likely to have enough resource to act as a buffer if a no-deal Brexit causes chaos for a time.
Hello, Share Bunnies. As the Brexit mess becomes even messier, we need to continue careful consideration of what will happen to our shares. These are the choices. If we *crash out of Europe, the pound will take a hard knock. If we have a soft Brexit, it will shoot up. * TW Note, incorrect word used by those who want to stay in Europe but do not dare admit it like Malcolm.
Hello Share Crunchers. Surprisingly, the value of our shares was little effected by the chaotic events in Parliament over the week. The Footsie fell a little, but not much. And yet the chance of a no-deal came closer because of that fascinating real-time drama in the house.
Hello, Share Scroungers. There’s increasing evidence that the moggy we picked up at the local cat rescue service is of the rare and valuable Norwegian Forest breed. Should I sell him to burnish the fallen value of my shares? Of course not. And to worry about share prices is probably a useless concern, anyway. Because I continue in my view that share values will soon bounce back.
Hello, Share Guzzlers. Why have shares fallen so much? And which shares are best to avoid until the turmoil dies down? You notice I did not say which shares we should sell because I really do think that whichever choices are taken over Brexit, the vast majority of shares will rise anyway.
Hello, Share Mixers. One thing I’ve learned in 30 years of studying share prices every day is that the money markets are a better predictor of the future than any other means. Politicians, parliamentary journalists, lawyers, ordinary folks and bookmakers can‘t hold a candle to the Footsie when trying to judge events.
Hello Share Screeners. You can always tell something is seriously wrong with British shares when the Footsie falls and the Dow rises. Normally they work in tandem. But the fear of Brexit is causing extreme nervousness among the big traders. Home-grown investors don’t like uncertainty. And foreign investors in our shares become fewer, as these difficult weeks roll on. So how should we play it?
Hello, Share Twiners. The Brexit wrangle so bores people that even the so- called more enlightened listeners of Radio Four's Today programme are turning off in droves in favour of mindless music channels. But is the likely effect on share prices going to ease or get worse?
Hello Share Clumpers. Whether or not you voted for Brexit doesn't matter. What we supporters of this magnificent website want to know is how will our shares be affected. Both in the run-up to that scary March 29th date and afterwards.
Hello, Share Changers. I know a lot of you worry about this Wall Street mini-crash. But your fears are probably unfounded. We’ve had a bull market lasting eight years. A correction was necessary. But it’s not been as bad as some writers on this magnificent website have been predicting. Neither will the big sell-off last.
Looking at all bull markets in the S&P since the year 1900, and then examined what happened in the very first year after each of those bull markets ended is interesting. In the first year of the bear market after the last full year of the bull market the numbers were striking and could be useful if 2017 ends up being the peak of the bull market.
Often when it comes to AIM companies investors get far too fixated on revenue and orderbooks, and forget that in reality it all comes down to the bottom line and the actual net profit that the company is either already making, or is likely to make.
Hello Share Scramblers. In the early nineties, I bought some shares in a trust investing in Europe. It was known as the Mercury Europe Privatisation Investment Trust. I seem to recall it was the time of various British insurance companies and utilities going private for the first time.
Hello Share Squirters. As I get older, I become more fearful about my health. Apart from a minor problem with the old prostate, I am not yet troubled by illness. But I think disaster may be around the corner, especially if I do not watch my diet and take preventative steps to slow down wearing out. So it would only be fair to consider buying shares in a company which fulfils those needs.
Hello Share Takers. It’s ironical to call Avacta (AVCT) one of my favourite shares when it has only made a modest profit for me so far. And it’s taken a long time to do that. But it does seem to me that this medical pioneer is onto something. And a little talk with a couple of its big cheeses at last month’s stunning UK Investor Show strengthened that feeling.
Hello Share Takers. Compass Group (CPS) is one of my all time favourites, but it is not a fast mover. We have here more of a slow steady profitable company that rarely sees huge jumps, and even rare falls in its share price.
Flowgroup (FLOW) has ‘welcomed’ an announcement following government Feed-in Tariff review, adding it believes the statement is “the result of significant co-ordinated industry pressure, in which the company played a key role”. Good, good, the UK market promising again for it then? Er…
Flowgroup (FLOW) “is pleased to announce that it expects to announce its results for the year ending 31 December 2016 during May 2017. The company expects its trading results to be in line with analysts' forecasts”. Hmmm, so why are the shares currently down a further more than 8%, below 6p, having been 25p+ less than a year ago?...
Once again I am sitting here in Shipston with a live audience of one, my father. So we have his take on George Michael - mine is HERE. My views on Syria are referred to in the podcast and the article I mention is HERE. Then I go onto my 8 macro calls for 2017 covering Europe and the Euro, interest rates, corporate earnings visibility, fraud & bankruptcies, house prices, shares, gold and oil.
The EU and the euro project have been an economic disaster for all participants, including Germany, which will eventually be forced to write off the hard-earned savings she has lent to other Eurozone members. We know, with absolute certainty that the euro will self-destruct and the Eurozone will disintegrate, only the timing is debatable. We know this for one reason above all, the political class and the ECB are guided by economic beliefs mascarading as theory which will guarantee this outcome. Furthermore, they insist on using bogus statistics that are used to reinforce inappropriate and illegal policies.
Hello Share Bashers. Selling computers and phones and big screen television sets has not been easy. In recent years, quite a few stores have disappeared from our high streets and out of town shopping centres.
Hello Share Stackers. Electrocomponents (ECM) is not exactly a zingy name is it? And I have a bit of prejudice against companies with names which seem clumsy and easy to forget. But nevertheless this is an energetic firm which seems to be going places with a few more big cheeses who arrived last year.
Hello Share Munchers. I’m quite a fan of investment in emerging markets. My main reason is that they have room to grow as poverty-prone populations become, well, a bit less poverty-prone. I suppose I’m mainly thinking about India and China. Together with many African countries which are not doing at all badly, despite common perceptions to the contrary.
Hello Share Puzzlers. Thank goodness the hay fever season is over. I no longer suffer, having moved to the seaside, but the horror of a blocked conk and streaming eyes remains. You may have noticed that allergies seem to be on the rise. At least the number of folk who complain about them is.
Hello Share Chippers. An estate agent with a big interest in London is Foxtons (FOXT). But how could anyone suggest this share is worth a look after Brexit? Surely properties in the Smoke will be in the firing line now that we are to leave the EU?
Hello Share Trundlers. There are folk who think investing in Royal Mail (RMG) is doomed to failure. They point to falling numbers of letters coming through our doors and the possibility of big companies like Amazon to arrange their own deliveries.
Hello Share Swashers. We all know that shares in Britain took a tumble on June 24 when the Brexit vote was announced. But then many shares recovered. Most property and building stocks, however, did not. So in my view, as the results of Brexit will become clearer later on and will be favourable, property shares are probably now one of the biggest bargains out there. Though of course, if you still fear the exit from Europe, then you won’t agree with me.
Estate agents and housebuilders plummeted after Britain voted to leave the EU, as the chances of a slump in the property market were seen by some as having increased as a result of that outcome. I have no doubt that some companies in these sectors will be badly hit, especially those whose business is focussed around higher end properties in London, such as Foxtons, but for others I see the recent drops in share price as presenting a buying opportunity, especially when taking a longer term view.
Hello Share Shapers. I've had a very eventful week. My ARM (ARM) and IQE (IQE) holdings, both rather similar companies, both shot ahead. One on a take-over probability (ARM) the other on a bullish trading update. Such are the possibilities of our golden game, that a whole year of lacklustre performance for my portfolio was suddenly bounced back into the black. That's why we should never despair, gang. There is always a good story for us lurking round the next corner. And the rewards we accrue can sometimes be nearly as good as winning the pools.
Having long been bearish, I note shares in online electrical retailer AO World (AO.) are currently more than 10% higher today, at 148p, on the back of an AGM (and first quarter) trading statement. Let’s take a look…
Hello Share Plasterers. Before the Brexit result, I opined that shares would topple, but then make a quick recovery. I didn’t realise then how the bounce back would be much more than a recovery. Shares reached an 11 month high. And yet the BBC continue to broadcast doom and gloom comments that the British economy is now in a perilous situation. The healthy Footsie belies that sort of talk.
SuperGroup (SGP), purveyor of the SuperDry brand, is up 15% today on the back of encouraging final results. The brand is not short of sceptics but its results are doing most of the talking for the time being.
Crossing the radar this morning is a Brexit-related trading update from Empiric Student Property (ESP). This is a new-ish REIT which has been listed for only two years. It has been a fairly steady performer so far, although the share price swung wildly around the referendum news.
Earlier, in Independence Day Bearcast part 1, I looked at how we the people had given the elites a well deserved kicking on the Brexit poll and what that says for Europe as a whole. Now I turn to the political panto but more importantly to waht happens to Sterling and the stockmarket and I mention a few stocks featuring today. Don't panic but be realistic is the message.
Having previously remained at around the levels of my previous update, shares in e-procurement software provider, EU Supply (EUSP) have spiked in the last few days – from just above 4p to a current 6.5p. The following reviews…
Hello Share Squeezers. I have been a big fan of Inmarsat (ISAT) the big satellite company. Over the last few years, it has made me loadsamoney. But as Uncle Tom rightly said a few months ago, the story has since changed to the company’s detriment. And the shares have lost a third of their value over the last half year.
The title for this article might just reflect my own analysis of this company, which has crossed my radar for the very first time today. But it also reflects the company itself, which looks to be working hard to generate shareholder returns.
Hello Share Schemers. I read a very recent piece on this glittering website from Terrers the Frenchman. Readers of his occasional, but very well researched and detailed articles, will know that he usually takes the gloomy view. And this is what happened in Thierry’s latest interesting piece which points out that the Footsie is once again on the back foot. In his opinion things may just get worse before they come better. And yet, as he also mentions oil prices have risen and the S & P has been trading near highs. So what’s holding the Footsie back? Well, I think we all suspect it is the uncertainty over Europe.
Last May, shares in Lloyds Group (LLOY) reacted to a better-than-expected set of results by rising to very nearly 90p. It was an improvement that put the other high street banks to shame. But turmoil in Europe and a slowing Chinese economy sent the price dribbling down soon afterwards.
In the latest edition of Financial Orbit Speaks, Chris Bailey looks at continuing challenges in Europe despite the likelihood of a third Greek bailout, interpretations around the Chinese yuan movement, issues in the US and why individual corporate equity analysis remains the key.
Gold’s reaction, or lack of it, to Greece’s resounding “No” vote on Sunday could prove to be a wonderful buying opportunity both for the metal and its battered miners. Equity markets initially fell heavily in response to the news out of Athens, but over the course of today have pared losses. There seems to be a growing consensus that some form of compromise will be reached before 20 July, when Greece owes its next payment to the European Central Bank. However, it might be too late for that.
Hello Share Chums: At the end of last week, the Footsie ended a brilliant day by rising by more than 50 points. Then the day's hike evaporated like dew in a forest fire. Why? Because there were some last minute jitters about that Russian convoy of lorries to the east of Ukraine.
The weather is very much like the markets – unsettled. In the great outdoors, there is sometime blue sky, with floating islands of contrasting white and grey cloud. Sometimes, sunshine; and then sometimes, skies so black, that it might be midnight. And all of that can happen in an hour let alone a day. It’s what you might call stock jobbers’ weather!