Hello Share Tillers. There can be little doubt now that the Footsie will burst through the all-important 7,000 mark this week. But we still have the problem of what shares to pick, even in a tangible bull market like this. I almost said a 'healthy' bull market, but we all have to be cautious in these uncertain days.
Hello Share Bunnies. Travis Perkins (TPK) the building materials supplier has come onto my radar as a possible worthy punt. We need a lot of building work in this country . We badly need new houses, flats, loft conversions, roads, new railways, new houses and anything which can improve our tired building programmes, which lag so many other countries in Europe
It's not often that a FTSE100 company makes the hallowed turf of ShareProphets - let alone the Red Flags at Night series, but Travis Perkins (TPK) managed exactly that by slipping out a big director share sale at 2.05pm on New Year's Eve. That truly is no-one-is-watching o'clock as it was even after the RNS system had closed down for the day. Worse still, the company looks to have screwed up the announcement and so having appeared to have gone to the trouble of hiding the sale as best it could, it will have now to restate the RNS when everyone is back at their desks next week. Bad luck, chaps - nice try.
