Cussons - the story behind the story
What makes a dull old soap manufacturer worthy of yesterday’s iBall and January’s Stock to Watch column in Moneywise magazine?
From a writer’s perspective, the frustrating thing about TV - even Internet TV - is you can’t get much detail into four minutes. The frustrating thing about magazine columns, especially one the size of mine in [...]
Oh my GSH
When I said there’s money in social housing, perhaps I should have extended that to any building. Just like Connaught, GSH (GSH), which maintains somewhat larger buildings (for companies like Tesco, British Airways, and ITV), is on a high.
Unlike Connaught it doesn’ t have nine years of earnings figures we can use as a [...]
Friday night fire and brimstone
I found the El Oro and Exploration Company’s (ELX) annual report under a rock. Not literally, though it might as well have been for all the interest it seems to have generated in the press. It’s a shame because the chairman’s statement is glorious.
If you dug your bunker five years ago, the spam is rancid, [...]
A hiding to (Con)naught
A cursory look at Connaught (CNT) last week was enough to write it off as a momentum play. Its chart resembles the trajectory of a rocket approaching escape velocity and it’s a fair bet, that it might continue for err… some time.
Not being a momentum investor, I can’t offer an informed view on how long [...]
10/10 for Rogue Analyst
I’ve been following Rogue Analyst for a while now. He’s a blogging investor who talks about his own share holdings.
It’s a brave thing to do, honestly. For one thing, no investor has a 100% track-record. For another, there must be a temptation to put a positive gloss on events when they go against you.
Here’s Rogue [...]
UK plc is fit and healthy…
If the annual reports of Connaught, Group NBT, and Associated British Foods are anything to go by UK plc is fit and healthy. But we should reserve judgement.
Continuing my evangelism for the annual report, and the role it can play in discovering good companies I have a few more for you this week, though it’s [...]
Car crash companies set for recovery
According to Dr Keith Anderson’s Naked PE ratio, the cheapest six companies listed on the stockmarket include two companies in the auto industry. All six look like they’ve been in a crash.
Every three months I bring you the cheapest six stocks on the market fresh from the spreadsheets of Dr Keith Anderson, a lecturer at [...]
Merve on the Rock
If you’re still looking for enlightenment on the bail-out of Northern Rock, switch Radio 4 on tonight at 8.00. Mervyn King talks to Robert Peston, the BBC’s business editor, who broke the story and has covered it pretty well since. Here’s the transcript, and there’s comment a-plenty on Peston’s blog.
Stock exchanges of the world
If you spend your days pondering market moves in London, New York and Tokyo you’re probably missing out on a whole world of stock exchanges
Inspired by the emergence of Africa as a target for investment, here’s a photo taken by Stephen Eckett on a recent visit to Tanzania.
It’s the Dar es Salaam Stock [...]
From bail-out to buy-out
A popular assumption is that somebody’s going to buy Northern Rock, or its assets and that, along with the various guarantees offered by the Bank of England and the government, must be informing the decisions traders are making.
According to Citywire on Monday, broker Keefe, Bruyette & Woods has valued the bank at 475p a share, [...]
