GOOD MORNING BRITAIN4 May 2009 09:30
Ok, for starters, no tips, just a look at the current situation.
RBS : Hester continues with internal changes, IMO for the good. RBS to continue to make ground with some little fallbacks.
PDG: The RNS released by this company ensures financing for the forseeable future, and I dont see the moneymen putting their cash into a lame duck, if already holding, continue to do so, if not, consider it as an option.
WHY:See previous post....outlook is favourable.
PHARMAS: The Swine Flu is being characterised as no worse than the seasonal winter flu we are used to. Medical opinions are heading towards looking at the production capacities of producers of anti-virals, and the consensus is that the seasonal flu production lines are fully stretched to deal with stockpiling for the September/October vaccination program. If...and its a big if....the production lines finish their current commitment to seasonal flu, then they can be switched to production of anti Swine Flu vaccine production. Figure out for yourselves whether SF 's impact will cause an increase in any pharma share price.
WORLDWIDE: Markets are picking up....pound is strengthening against the Dollar, consumer confidence is on the upturn in USA and the main question to be answered now is, have we entered the Bull Market......personal opinion is not yet, but end of May should clarify that.
PERSONAL HOLDINGS: Cash......but now looking for a home for a tidy wee wad.
GL to all for the coming week