Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Asperger
A whole basket of technical indicators and tools are now available for investors to choose from, for me these days after well over fifty years of trading in the market, gut feeling conscious reasoning and a feel for current market conditions are now my successful trading strategy.
Investors take note ! ...... P/E Ratios are unreliable when making investment decisions and have no real correlation with valuations, or a stock indicator of future share price movements.
Sterling to Dollar exchange rate now looking a tad overbought, time for a breather and consolidation phase for the currency.
London market has missed out on a Global stock market rally so far in 2023, main reasons political instability, poor productivity levels and stubornly high inflation deterring potential investors.
Japan Nikki 225 30%
German Dax 14%
American S&P 500 14%
France 40 Cac 12%
London 0.5 %
London market abysmal performance so far in 2023 !
Fair assumption for the shares top of the list, Government meddling in the sector and ever - increasing intense competition for mortgage customers and business borrowers.
Albeit from October's 2022 Sterling forty seven year - lows.
Maybe time soon for saver's to switch from variable to longterm fixed savings accounts.
Chips
On paper Lloyds looks a screaming buy and exceptional value, in reality there are consistently more sellers than buyers for the shares.
My bank manager Captain Mainwaring has advised me to make the most of tax incentives and allowances while i can, Government policies on savings and investments are always subject to change.
Lloyds falling way behind the branch closure curve compared to it's major high street rivals.
Banks don't want you to use their branches or cash machines .
Energy, Banks and now Supermarkets now join the growing list, " Profit " is fast becoming a dirty word for both Conservative and Labour.
The battle lines are now slowly being drawn up for next year's General Election with shareholders caught up somewhere in the middle.
" the London market is already cheap " .......... Yes, and for a very good reason.
Turbulent times ahead, market outlook is seen as poor by many top Fund Managers, UK - focused equity funds have now experienced 26 months of consecutive net outflows against a backdrop of heightened political economic uncertainty, and stricter London market regulation.
Data methodology used when compiling monetary and financial forecasting statistics can be confusing and inconsistent at the best of times. Latest IMF data forecasts UK GDP to fall by 0.3% in 2023 the lowest figure in the G7, with growth returning to 1.0% in 2024.
On a lighter note, happy birthday National Health Service, we should all celebrate its incredible achievements over the past 75 years.
Instant access to your cash and tax exempt, still the real deal for high or top - rate taxpayers.
The next General Election, will be a watershed moment for UK politics.
People are now crying out for change. a new government and a new way of governance is on the way, and will hopefully result in a fairer future for the citizens of the UK.
LTI
I intentionally left out the employee share option numbers to highlight the " smoke and mirrors " effect that completely undermine the usefulness of this costly multi - year share buyback programme.
11th May 2015 71, 373,735,357 shares in circulation.
30th June 2023 64,640, 297,474 shares in circulation.
= 6,733,437,883 shares cancelled.
Not much to show so far, for the many billions of pounds of shareholders cash spent on the buyback programme over the past few years.
Livestock
ONS data only covers the period up to the end march, higher interest rates have yet to be felt, economists still expect the UK economy will enter recession at some point in the second half of the year.
Complete rubbish, all part of a further crackdown by UK banks and regulators on customers heavily connected to the murky world of offshore banking, tax evasion and dirty money laundering.
Nigel Farage, offshore shell companies and dodgy tax evasion, come to your own conclusion ?
Commercial property market is a growing concern for banks, particularly for lenders Lloyds and NatWest and could well turn out to be a future casualty of the banking sector.
" tip of the iceberg " high interest rates and inflation are taking a growing toll on company debt repayments and operating profit margins particularly in the SME market segment.