Good company with ridiculously high price like so many others fuelled by interest rates that are insanely low. Let's hope Mr Trump restores normality so investors can invest and not having do things with fingers crossed knowing that the risk they are taking might be ok but their common sense tells them they shouldn't
As with SNR rare opportunity to grab some tech stuff at distressed prices . International exposure makes sense toowith weak and weakening sterling. But everything in moderation in a balanced portfolio.
Devalued sterling and recovery in oil price must result in an improvement in the business that has been affected by strong sterling and low oil prices. This should be a buying opportunity the current share price gives much upside potential.
Still a few pence below NAV and with a 6 per cent yield . Frankly at a comfortable price with plenty of upside depending upon recovery in the Latin American components. It's nice to see this yield without a dizzy price to buy them for.
As long as interest rates remain low bond prices rise and. Equity with Dividend well the PE just stretches. This can go on for a very long time by which time the oil price present scenario may have become something quite different. So whilst the PE might be stretched now there is a potential for it to contract as demand rises and RDS sort out the growth potential in the BG purchase and return to higher earnings. At the moment we don' know for sure but we must be careful about throwing the baby out with the bath water too quickly. Maybe not to hold too much - keep some cash to add as appropriate.
This is transactional dependent so it does not matter if houses are rising in value or falling all that is important is the velocity of transactions. In this respect it is a useful portfolio contingent as long as we don't have prolonged spells of inactivity.
These will never go well until people have confidence in saving money for the future. Also Aviva still too much red tape. Try and buy an annuity from them and they expect you to go pay a financial advisor to sell you their own product instead of selling you what you want at the right price. Fortunately existing pensions that those of us saved in years past with National Westminster are now guaranteed to be paid by the FSA . Better off with the preference share divisi but not the best time to buy them