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Sunday share tips: Panmure Gordon, UK housebuilders, Fastforward Innovations

Sun, 14th Feb 2016 15:48

(ShareCast News) - Sell shares in Panmure Gordon said the Sunday Times' Inside the City column. The broker's historic, 140-year-old brand gives it an advantage but as a specialist in small cap and mid-cap clients companies, it has seen its pipeline for flotations, fundraisings and M&A deals run rather dry. And what thin pickings there are have to be fiercely fought for with rivals like Canaccord and Cenkos in what is a crowded shallow end of the pool of London stockbrokers and investment banks.A profit warning in December revealed Panmure expected a loss after tax for the current financial year from normal operations of around £4m to £4.5m. Since then, markets have tailed off even more and some rivals have already begun the bloodletting. Panmure's coffers are down to £8m, meaning it might have to again shake the tin at investors, led by Qatari 43% shareholder QInvest. In the last 12 months, the share price has tanked from 134p to under 54p, though this might tempt the Qatari owners may be tempted to take up one of the merger or takeover offers it sometimes receives.UK housebuilding stocks were a 'sell' for Questor in the Sunday Telegraph. Reading the runes, one might view the UK housing sector bubble is close to bursting. House prices are levelling off, the London market is cooling due to various factors affecting overseas buyers, the imminent increase in tax and stamp duties on buy-to-let property is expected to rock the market around the country.As for housebuilders, companies like Redrow's profits are being artificially inflated by government policy pumping up high house prices. While it and peers like Persimmon have pledged mega cash returns for investors, this is not likely to last for long in what is a cyclical industry. Berkeley, which is centred almost entirely on London, looks the most in danger for when the capital's bubble bursts, and others are also far from impervious.Fastforward Innovations, the AIM-listed investor in emerging technology companies, looks a good punt for very brave investors, said Midas in the Mail on Sunday. The company offers adventurous small private investors a means of speculating on the potential 'tomorrow's world' technology, which has mostly been the preserve of Silicon Valley venture capital funds. Fastforward, which changed its name from Kuala after investment guru Jim Mellon joined as chairman last year, is a tiny company but has some big names on board, with Mellon joined by Canadian entrepreneur Lorne Abony as CEO and some other heavyweight private investors.Thus far, Fastforward has invested in five companies, including Satoshi Pay, a company focused on 'nano payments' using Bitcoin to enable online publishers to charge for small items such as individual articles or videos. Elsewhere there is Vemo, whose technology aims to help students pay off their debt. The Diabetic Boot Company has developed products to help heal foot ulcers, a common problem of diabetics. Capitalised at just over £15m and with £8m cash freshly raised, this requires a leap of faith from investors who will need to believe in the leadership team and sit and wait possibly many years for their investments to bear fruit.
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18 May 2020 14:39

UK EXECUTIVE CHANGE SUMMARY: FastForward Innovations Names Chair, CEO

UK EXECUTIVE CHANGE SUMMARY: FastForward Innovations Names Chair, CEO

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1 Apr 2020 18:15

FastForward Investee Leap Gaming, IMG Arena To Develop Tennis Game

FastForward Investee Leap Gaming, IMG Arena To Develop Tennis Game

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20 Mar 2020 18:40

FastForward To Take Impairment On Entertainment Direct Asia

FastForward To Take Impairment On Entertainment Direct Asia

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19 Feb 2020 06:27

FastForward Investee Emmac Exports Medical Cannabis To Bazelet

FastForward Investee Emmac Exports Medical Cannabis To Bazelet

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3 Feb 2020 08:36

FastForward Innovations's Portage Ups Subscription To iOx Loan Notes

FastForward Innovations's Portage Ups Subscription To iOx Loan Notes

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8 Jan 2020 15:44

FastForward Innovations sells entire holding in Cryptologic

(Sharecast News) - Technology and life sciences investment fund FastForward Innovations has completed the sale of its entire holding of debentures in investee company Cryptologic Corporation, formerly Vogogo, it announced on Wednesday.

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8 Jan 2020 11:09

FastForward Exits Investment In Cryptologic Amid "Poor" Performance

FastForward Exits Investment In Cryptologic Amid "Poor" Performance

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7 Jan 2020 12:05

FastForward Hires Former Northland Capital Executive As Director

FastForward Hires Former Northland Capital Executive As Director

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11 Dec 2019 10:43

FastForward Innovations "Excited" As Net Assets Increase In First Half

FastForward Innovations "Excited" As Net Assets Increase In First Half

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19 Nov 2019 14:45

FastForward Innovations CEO Named As Non-Exec Chair Of Investee Emmac

FastForward Innovations CEO Named As Non-Exec Chair Of Investee Emmac

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16 Oct 2019 12:16

FastForward Innovations Investee EMMAC Raises GBP15 Million

FastForward Innovations Investee EMMAC Raises GBP15 Million

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2 Oct 2019 16:07

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

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27 Sep 2019 11:16

FastForward Innovations' Leap Gaming Partners With Mansion Casino

FastForward Innovations' Leap Gaming Partners With Mansion Casino

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11 Sep 2019 11:30

FastForward Net Assets Rise In Full-Year But Share Price Tumbles

(Alliance News) - FastForward Innovations Ltd on Wednesday reported a rise in net assets at the end of its financial year but said market volatility caused a fall in its share price.Net at

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22 Aug 2019 14:00

FastForward Chair Mellon Stands Down To Focus On Other Businesses

(Alliance News) - FastForward Innovations Ltd said Thursday Chair Jim Mellon stood down from the investment firm in order to focus more on his other businesses.Mellon - chair since 2017 - a

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