Wednesday 12 December 2018 | ShareProphets: The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares
Hello Share Scribblers. I’ve not looked at Old Mutual (OML) before. A pity. Because it’s been one of the most reliable of our insurance/pension/ asset management /banking giants in the Footsie. It’s one of the day’s biggest gainers as I write this, but there’s still room for the share price to sparkle further.
A few weeks ago& I took my profits in SABMiller (SAB) on some warmed up bid talks. There is a price, to get back into the emerging markets beverage company with a particularly attractive position in Africa, but not yet.
Old Mutual, (OML) the life assurance company with a name that sounds like one which might have been invented by a pipe tobacco company for a product in the nineteen thirties, has never attracted me. It was never top of my mental investor curiosity and priorities list.
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