From £7.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £7.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

In times of strife up step three old 'pals': Cineworld, Intu & Funding Circle...

By Chris Bailey | Thursday 12 March 2020


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.


You will have your own thoughts about President Trump's decision to ban European Union citizens from entering the United States, but it is clearly another impediment to global supply chains and that is not good. Global financial markets are therefore grisly and it is a natural instinct not to want to look at your portfolio – even if you had a bunch of cash and gold stocks a-plenty. But onto corporate earnings. There was a huge bunch of them today, including three old 'pals' that continue to be dogs that woof. The first two simply have too much debt which - despite ever lower global interest rates - is not a good look when earnings/cash flows are under pressure…

Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:


Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

AAU

Gold up Ariana down

Saturday »

AVCT

Cassava, A warning to Avacta Sharehoders 

Friday »

ALU

Alumasc Group – a growth Buy

 

VCP

Victoria - The roll up unravels

 

HEMO

Hemogenyx is a short – target 0p

 

ECR

ECR, the timing is unfortunate

 

APH

Alliance Pharma – a recovery Buy?

Time left: 22:48:35