The six cheapest stocks in May
Dr Keith Anderson picks out the very cheapest stocks on the market using his Naked PE ratio. Meanwhile insiders are buying shares in Johnson Service, which was in our last list.
First, here’s the May list, straight from Dr Keith Anderson’s database:
Just in case you haven’t been following the series so far, here’s a recap:
The [...]
Last word on banking
Well, maybe for a while. I’m consulting the financial journalist’s bible - Michael Brett’s How to Read the Financial Pages - on banks and rights issues - as background research for a Moneywise column on Fred “the Shred” Goodwin, the RBS chief executive who recently asked shareholders for £12bn to improve the bank’s capital ratios.
This [...]
Bus company reverses into bus company
It didn’t happen in ‘On the buses‘.
I’m arranging interviews with Roy Stanley and Andrew Brian, Darwen’s (DHP) chairman and chief executive about their exciting new bus manufacturing company (yes, really - see below) - the deadline for the iBall script is tomorrow - when their PR adviser gives me a call saying, “Have you seen [...]
Rewriting the Financial Stability Report (or the credit boom in a nutshell…)
Just snipped this from the Bank of England’s Financial Stability Report, published today. It’s the credit boom in a nutshell:
A prolonged period of overextension…
For a number of years, low interest rates and benign global economic conditions encouraged higher risk-taking by investors and increased borrowing in parts of the household and corporate sectors. Strong demand for [...]
