The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
High tax on North Sea now. Sold and moved to Petrobas, risky up about 30% present year with the high dividends, decades of reserves and under left wing government of Lula but seems much safer and less extreme with the net zero policies of Conservatives.
Market seems to be expecting results to be good with recent break out of trading range. Congratulations JohnLewis79, looking as if your target of 900p by Xmas will be met at this rate.
Hi Alnwick. In Merry Hill this Monday, where Card Factory has three outlets and on a quite afternoon generally the stores seemed busier than most and if converting sales into profits, shareprice should contine to improve, did my bit anyway for it by buying some Xmas cards and wrapping paper.
Bit of fun and speculative with Cinch increasing. Any predictions for a bid, will go with 110p. Vertu is the last major car dealership listed.
Hoding up well looking at general carnage in markets. Hope the next RNS is a good one.
US Navy contracts are a great endorsement Taverham for MSI and the capabilities of the MK38 Mod4, especially in defence against drones.
Shareprice keeps firming up. Just need RNS around production orders in the defence subsidiary. Big spread that must buyers off.
Surprised not up more today with bidding war on Pendragon.
If it's a vote winner, shows how easily media and government can manipulate the public. Likes of BP and Shell over outrageous profits were never going to be affected with little or no production in North Sea these days.
Hi AllAtSea. Hope doing well, Uk focused stocks seem to be be recovering last few weeks , hope not a false summit with something always around the corner the last few years. Trading too stressful for me as seem to buy at top and sell on bottom too often. Bought some well run midcap companies on cheap valuations this year and been adding on positive TU's and other news, that's worked so far. Attempting to get more international exposure with labour government strong posssibilty next year, POLR fits the bill with fees mostly dependent on fund investments in international tech and healthcare stocks.
Prospects look good for Vertu, bid or not with the recent spate of takovers of car dealerships lately.
Recommended in the Investors Chronicle that says buy at 477p. For the PE of under 10 if strip out money on hand, AUM outflows reducing and the high dividends, which is suistainable from cash flow and with analysts expecting earning forecasts to be met.
Also in article. One downside might be increasing move away from active fund management to cheaper tracker ones.