Keyword results: banks

Malcolm

In an Uncertain Economic World Here's What the Canny Investor Needs to Know.

Hello Share Magnates. There’s nothing holds back share prices more than uncertainty. And boy, are the world’s economic affairs uncertain now. But let’s take a look at some of the issues and see how we as smart share traders, both active and not so active, can make money in the near future.

Malcolm-On-Motorcycle

As Blighty's Growth Gallops, so May our Shares. But Not All of 'Em. So Pick the Right Sectors.

Hello Share Treaters. All those doomsters who predict a crash in share prices need to consider this week’s big news. The UK economy grew by 7.5% in 2021. That’s the best performance of all the G7 nations. The Footsie fell on the announcement, but that’s just how illogical the stock market is. I expect it to bounce back next week. Covid is still with us and yet we beat growth records. When the pandemic has ceased to be a threat  I would expect GDP to surge even more. But not all shares will shine. 

PREMIUM CONTENT

Is it time for me to sell my Barclays shares

I completely agree that Barclays (BARC) is not an exciting company and I consequently have probably written about it too many times on this website. Anyhow the good news is that this is likely to be the last time I will write about it. It is time for me to sell my Barclays shares.

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The Oil Prices Heads for the Stars Again, but Shell and BP Falter. This Could be a Happy New Year Entry Point.

Hello, Share Followers. Nobody sees the stock market as a sensible place. It’s about as logical as Chitty Chitty Bang Bang. One of the strangest mysteries is how big oil companies continue to see low share prices even though the cost of the black stuff is soaring. It had a bit of a hiccup few week back, but now it’s aiming for the stars again.

HZM
HZM
PREMIUM CONTENT

Funding for Horizonte Minerals Araguaia nickel project is nearing a conclusion - buy

Horizonte Minerals (HZM) is a company that I’ve written about a number of times in recent years, and is also one where I’ve been patiently holding shares myself for a long time. When it comes to AIM mining stocks it is quite a rarity that they either actually make it into production, or get taken out by a larger predator prior to that stage, and for many of them the resource in the ground sounds far better than the reality of actually extracting it commercially.

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Bear

Gold golden anniversary

If you are relying on the banksters you are kidding yourself

Clown

The FCA fights a pointless 20th century fight and undermines a basic principle of capitalism trying to stop Banks closing branches

If I run a company surely I get to decide where I operate as long as I am operating legally? Surely that is how capitalism works? You do not get the State telling a retailer, hotelier or restaurant chain owner that it must keep a given outlet open even if it is losing money so why the hell is the FCA trying to do just that with banks?

Malcolm-Sax-Machine

Our Dream Team Can Dominate this Tip Top Tally of Top Tips.

Hello, Share Seekers. You may have come across a sparkling website called Stockomendation. Among other useful functions, this outfit brings together share tips from all the different sources. Part of the deal is that it supplies a weekly list of the best topical tips.

Bear

Video: Central Banks Running Biggest Ponzi Scheme in History says Quoth The Raven

Chris Irons, host of the Quoth The Raven, is an outspoken and entertaining fellow who is pretty much bang on the money most of the time. His core thesis is that modern financial systems are essentially nefarious schemes that benefit politicians and the wealthy.

HZM
HZM
PREMIUM CONTENT

As long as Horizonte Minerals eventually secures mine finance, delays are largely irrelevant - buy

It always surprises me how impatient investors can be and how much a missed deadline can sometimes be punished, even when that event has the potential to unlock significant amounts of value, if and when it finally happens. I’ve been invested in Horizonte Minerals (HZM) for several years now and during that time have seen lots of ups and downs, including disappointment when ‘deadlines’ have been missed.

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PREMIUM CONTENT

Esken (formerly Stobart Group) – failure of sale of Stobart Air, Duff trading, placing ahoy and possible part-sale of Southend airport

Fully listed Esken Limited (ESKN), formerly Neil Woodford favourite Stobart Group Ltd (STOB), has announced that – as I suggested back on 31st May – the sale of Stobart Air and Carlisle Lake District Airport to Ettyl Limited has collapsed. Worse still, support for Stobart Air has been terminated, Stobart Air has terminated its franchise agreement with Aer Lingus, will cease trading and liquidators are to be appointed. The pain for Esken does not end there, but later on it confirmed talks to potentially sell 30% of London Southend airport. But that’s not the whole story……

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Gold

Basel III and gold - Central bankers locking the fire exits

To a man with a hammer, everything looks like a nail, said Mark Twain. So it is that pundits have interpreted forthcoming Basel III rules as simply an opportunity to bash bullion banks and to assert that gold prices are going to the moon. Again … yawn. 

Buffett

If Warren Buffett Can Join the $100 Billion Club, Well, So could You.

Hello, Share Diggers. People like us who invest in shares are a fortunate minority. It’s likely that most folks reading this will have done well out of our pastime year by year. Even at times when the Footsie stumbles, we should, by acting on experience and instinct, beat the market. For example, buying shares in Covid-linked medical companies will have cancelled out the pandemic losses we’ve suffered in oilers and banks.

Gold
PREMIUM CONTENT

Gold – Another Reason to Hold as No-Deal Looms

The gamesmanship is in full play between the UK and its former EU partners. Reading the runes, it looks as though no-deal is the front runner, but you never know what may happen at half a second to midnight so I’ll wait for the fat lady to warble her final aria before giving up hope that common sense might, in the end, prevail. But if the talks fail to see a deal signed sealed and delivered, my sense is that this will prove a great reason for keeping gold-exposure high.

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BKG
BKG

When the Bank of England Is Bullish There's Probably No Need to Worry About Our Shares.

At first blush, we have a lot to worry about when it comes to our shares. Covid cases rising in many areas, a Brexit deal not arrived at, rising unemployment and bank and oil shares still wallowing in the depths. But this old punter has seen it all before. And he knows that the sun will come shining through. Yes, you probably think the arch bull is being overbullish again. But the fact is that I have never sold fewer shares and that state of affairs will continue.

The Vaccine, Share Prices and Other Covid-linked Hopes and Fears.

Hello Share Funsters, We were all cheered when vaccine news from Fizer sent shares shooting forward a few days ago. But the value of my own portfolio was disappointingly unchanged. That’s because I have a few Covid plays. And because the jab news depressed the prospects of companies which have benefitted from the epidemic, the rise in the value of my Shell (RDSA) BP. (BP.) Compass (CPG) and Whitbread (WTB) was cancelled out by my covid plays.

Malcolm-On-Motorcycle

A Few Reasons Why Setting Share Price Targets Could Be Wide of the Mark

Hello, Share Choosers. With the markets closed, perhaps we could look at the practice of brokers and tipsters to set targets for share prices. In my humble view, the concept isn’t worth very much. And yet it persuades so many punters to buy or sell shares on these

Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Does £10m matter to Mahmud Kamani of Boohoo?

I am snowed under with work for MineProphets tomorrow and I have now bought a second new stock on the basis of videos I have taped. I shall reveal both stocks tomorrow at the show and you can grab your ticket for just £2.99 (worth it for these tips alone) HERE. Elsewhere in the show I discuss Asiamet (ARS), Boohoo (BOO), R4E (R4E) and wicked old, not so ethical Malcolm Stacey and HSBC (HSBA) and Standard Chartered (STAN) as well as the British banks.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Why is any shop at all paying a cent in rent & Keep July 18 free

I have an announcement. Please keep July 18 free. All is explained in this podcast. Then I discuss the fraud Wirecard and the cult of the "star fund manager." It seems that only 20% of shops will pay their rent on June 30th? Are the 20% mad? Why would anyone pay. I look at what this all means for the three parties at play: retailers, landords and banks.

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Bear

They predicted “the crisis of 2020” ... in 1991

A broken clock is right twice a day

Malcolm-On-Motorcycle

At this point in the Lockdown Should We Be in Cash or Shares?

Hello, Share Swampers. As the virus continues to dampen the city, the big question still remains. Should we be in cash or shares? Of course, the answer lies in between the two poles. You certainly need enough cash to carry you through this dodgy period, however long it might last. But if you follow the golden rule of always having at least 10% of your bag in cash this should not be a worry to most of us.

Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: 5 signs that a banking crisis is on the way

Some of you fell for my April Fool - wow! thanks for the messages of congratulation! In yesterday's bearcast I argued that banks had to abandon paying dividends pro tem. Now under pressure they have agreed to do so. I now give you five little or big case studies showing why a banking crisis is inevitable. Then I look at Nostra Terra Oil & Gas (NTOG), Bluebird Merchant Ventures (BMV), where I am a very excited and supportive shareholder but think the chairman must be fired after today's news, Bidstack (BIDS), Plutus Powergen (PPG) and the associated POS companies and Westminster Group (WSG) where repellent slug and ex Tory MP Tony Baldry of 3DM infamy shows again why he is the unacceptable face of capitalism.

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Bear
PREMIUM CONTENT

Investment thoughts - CV19 Episode: Starting point - Liquidity and the ruthless cash up

A sophisticated private investor shares his thoughts on what do do now in the face of the current health and financial crisis...

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: when do we have to bailout the banks & writing to the FCA about Neill Ricketts (again)

I start with a few personal thoughts on phoning my elderly relatives in the era of Coronavirus. Then I look at Versarien (VRS), Open Orphan (ORPH), Tasty (TAST), Burford (BUR) and Carson Block of Muddy Waters and N Brown (BWNG) which prompts me to ask when the taxpayer will have to bail out the banks?

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ESL
ESL
PREMIUM CONTENT

Eddie Stobart: interims still delayed, strategic review, discussions with lenders and dividend scrapped. Oh dear…..it looks utterly grim for shareholders, including Neil Woodford

The old stockmarket adage that delayed news is always bad news held true this morning when AIM-listed Eddie Stobart Logistics (ESL) updated the market on its accounting review and the lack of interim results – which are still not ready. It is all bad news – and very bad news for Neil Woodford who holds about 23% of the equity: the dividend has been scrapped and we had the announcement of what amounts to a strategic review. Of course, strategic reviews are themselves a red flag of more bad news to come. It is grim.

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PREMIUM CONTENT

BOOM: Neil's Woodford Patient Capital Trust: Banks now calling the shots, this is grim

Woodford Patient Capital Trust (WPCT) has today issued a shocking statement “Debt facility”. It shows that its banks ae now getting nervous and pulling all the strings. Boy, Neil Woodford must be glad that he has already sold most of his shares. The news also has grim implications for the Equity Income Fund.

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KIE
KIE
PREMIUM CONTENT

Kier – Statement Needed ASAP, shares tumbling and uninvestable amid silence

Yesterday shares in Kier (KIE) fell by 8%. Today they are off by 14% at just 83.5p. There are three possible explanations:

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Fake_News

Boris says 'Do or Die.' But with No Deal Here Are Four Sectors where Shares Might Stumble.

TW Health warning. This is fake news from Project Fear. Over to our resident Euro loon Malcolm who writes: Hello, Share Squeezers. At present, the Footsie has not been bashed in by Brexit fears. However, while most of the world has seen a big surge in share values, the UK has not. And if we get a no deal Brexit, as Boris could precipitate, shares in certain sectors could be hit. So if you think that a disorderly exit will happen, you might want to consider swapping out of these sectors first. Here they are. 

Bull

With Shares All Over the Shop Here's How You Might Play It Now.

Hello, Share Guzzlers. Why have shares fallen so much? And which shares are best to avoid until the turmoil dies down? You notice I did not say which shares we should sell because I really do think that whichever choices are taken over Brexit, the vast majority of shares will rise anyway.

GetAFix

Shares Have Toppled! So What? You'd Be Up The Creek if Occasional Crashes Never Happened

Hello, Share Carriers. Despite Uncle Tom’s denouncement of me as a money tree worshipper, I bring to you another more optimistic view of our shares and why I don’t think we should be selling right now. And it’s all because I’m one of the very few denizens of Shareland who see that there is a cynical strategy going on, which, as usual, began in the USA. 

In a Scary Market, Protecting Yourself and Grabbing the Opportunities Hold Equal Sway. Here's How I'm Playing It.

Hello, Share Scrapers. Who among us isn't a bit spooked by issues affecting the global economy? But what should we do to protect ourselves - and make the most of any opportunities? Well, after doing the research and basing predictions on it, this is what I think.

US-Flag-Blonde

Lucian Miers: Still Short Tesla

Last week was not ideal for those short of Tesla (US - TSLA) after that tweet announcing the potential biggest take private deal in history. Nothing now surprises me with this company and, also having been a victim of the Autonomy-Hewlett Packard debacle seven years ago, I am wary to dismiss the possibility of a deal out of hand. But as the week closed without any further details emerging, it is looking increasingly likely to me that the funding might not be “secured” as claimed.

Bear

Should We Dash for Cash Or Keep Hunting Big Rewards Even as the Storm Clouds Gather.

Hello, Share Spinners. Another weekend is upon us which gives a chance to throw in a few general and unrelated thoughts about the perils and the opportunities of a very unstable share market at the moment. The main preoccupation of most of us, I suspect, is whether we should turn our shares into cash. This is not the time to turn everything into mazuma, I would suggest. But it might be wise to convert a third of our portfolio into the hard stuff.

Bear

Market “crashing”: a few thoughts and 30 interesting yields for dividend munchers

Warren Buffett always tells us that his intended investment holding period is forever, that he buys stocks he would be happy to hold if the market closed down for five years. I guess, then, if you’re  Warren Buffett then the market travails of the last few days won’t bother you. If you’re not Mr Buffett I offer a few thoughts.

Roulette

Day Trading Creeps Back into Fashion. So Here are some Fashionable Tips.

Hello, Share Crunchers. Day trading is making a comeback.  And after being burnt a lot in the old days, I’m tentatively putting my toe back in the water.  Lower spreads (for selected companies) lower broker fees and the abolition of stamp duty on Aim shares are a few of the reasons. So here are a few tips I used to employ and am beginning to follow again.

As Insurance Shares Boom, Why Not Look At Legal and General

Hello Share Smashers. With the Footsie once again pushing into a new all-time record, it is perhaps time to re-visit an old favourite of mine.

ALD
ALD

Enter the Great British Bank Challenge with a Look at Aldemore.

Hello Share Carollers. Despite Wild Rides’ consistent scepticism, I still favour investing in all of the four biggest banks at the mo. The recent rallies of Barclays (BARC) RBS (RBS) Lloyds(LLOY) and the Honkers Bonkers (HSBA) surely support  this view. 

All the Banks Are on the Move - But the Honkers Shares Could Take the Prize

Hello Share Planners. You may have noticed all the UK banks have been rising over the last few days. This has happened even though the rest of the Footsie has been pretty stodgy. The reason, I think, is that Italian banks have become even more unreliable, and by unfair association, the banks of other Eurozone countries.

Time to Re-Visit the Banks? Yes, I Rather Think So

Hello Share Plungers. As usual, when raising the thorny issue of whether banks are ever going to get back on track after the trauma of 2008, I am attacked by the symptoms of nervousness. But I still think all British banks will see fairly hefty share rises over the next few years. This is partly because outrageous fines issued by interfering busybodies and compensation claims will surely start to dry up.

Collapsing-Reactor

Global Debt Grows and Central Banks Are Buyers: funny money end game is in sight!

The latest missive from Sprott, the world's best known investor in precious metals, covers one of my core themes of 2016 - the fact that the world is drowning in debt. So who owns the debt and is it sustainable? Over to the experts... 

Dare We Invest in a British Bank? Have Another Look at Barclays

Hello Share Pushers. Barclays Bank is one of those shares I’ve held for years and years and rather wish I didn’t. No sooner do I top up then another bombshell, usually to do with world economics, hits - and down the shares come again. Were it not for the divi, I might have gone round and lambasted a director or two.

Honkers Bonkers Bank is Worth a Look - for the Perky Divi and Bouncy Share Price

Hello Share Puddlers. The Honkers Bonkers bank (HSBA) has been doing rather well on the old share front of late. Each day seems to bring another 1% or so. This is encouraging news for me as the family has rather a big holding which is at least 40 years old.

NWT
NWT

Newmark Security - Pessimism still looks overblown as Electronic division drags on results

Shares in Newmark Security (NWT) are on the recovery track, up 16% today to 2p following publication of the company’s annual results. I previously thought these offered good odds at 3p before a profit warning saw them cut down to 1.75p in July.

ALD
ALD

Aldermore Seems Oversold and Could Give You More

Hello Share Chimps. If you are a saver, the latest drop in interest rates is a bummer. How can you achieve anything like decent returns for your cash? Spend it on shares, of course. While you get nothing from your ordinary savings, you can still get up to 6% and even more by holding the right stock.

Cheer Up You Gloomy Lot! The Future Could Be Bright

Hello Share Sponsors. As I write the price of Brent crude is $43  a barrel. That’s a lot worse than the $51 dollars it reached a few months ago. And the fall has been reflected in the share price of nearly all oil companies. For example, the share price of Royal Dutch Sell (RSDA) is off by about 5%.

BT
BT

Shares in Smaller Firms Still Suffering from the Brexit Vote Could Rally Soon.

Hello Share Plasterers. Before the Brexit result, I opined that shares would topple, but then make a quick recovery. I didn’t realise then how the bounce back would be much more than a recovery. Shares reached an 11 month high. And yet the BBC continue to broadcast doom and gloom comments that the British economy is now in a perilous situation. The healthy Footsie belies that sort of talk.

Brexit Banged the Banks - But Here Are Reasons Why They Could Bounce Back

Hello Share Scrummers. In my humble opinion, British banks are among the biggest bargains in Shareland at the mo. Though I was in two minds about foisting this opinion on you, as banks have a marvellous talent for letting us down. They’ve been doing that steadily since the big crashes of 2007 and 8. But I really do think the shares have been oversold since the result of the Brexit vote. They fell a heck of a lot. Without their failure, the Footsie which eventually rocketed on the decision to leave the EU, would have been near the elusive 7000 level by now.

HAT
HAT

H&T Pawnbrokers – Still as good as gold

Yesterday, I explained why I think gold-bugs should pay closer attention to the pawnbroking sector, and mentioned that H&T Pawnbrokers (HAT) is currently more than 20% of my stock portfolio. Today, I’ll take a look at the trading update which H&T released on Thursday, and see if the investment case still stands up.

PMO
PMO

Premier Oil – Lenders give more time, situation remains grave - SELL

I previously noted the importance of a successful conclusion to Premier Oil’s (PMO) bank lender discussions, and made the case that a very large equity raise was probably needed to put the company back on a sound footing. This morning finally sees some news on those lender discussions, made necessary by Premier’s inability to satisfy its covenants.

EU_flag

Brexit - The Shares Which Could Rise and Those that May Fall.

Hello Share Dollies. We are entering the uncharted waters of Brexit. But captains of ships still have a raft (sic) of experience to draw upon, even when you don’t have a map. This is how Columbus discovered the Colonies. One thing - and they’re aren’t many of them - how I score over the vast majority of my colleagues is long experience of what has previously happened in our great game. I have observed the charts, day in day out for so many years that the only interruption of my studies is the couple of weeks when I courted Ann Boleyn.

RSA
RSA

No!, You Do Not Have Permission to Panic, Corporal Jones. Ref: Brexit

Hello Share Flexers. Well, that was turn-up and no mistake. Did anyone really expect us to leave Europe? Certainly not the bookies.They are rarely wrong in political matters, but they were this time. The odds started out very favourably to Brexit punters, then shortened, but on the eve of the big vote, Paddy Power was offering 8 to 1 on for remaining and five to one against leaving. Boy did they get it wrong!

BP
BP

To Be Crude, Oil Looks Perkier, which Is Why I Stick with High Dividend BP

Hello Share Chippers. I rate my large number of oil stocks in the same bracket I consider banks - a real solid gold let down. As I mainly invested in oil and banks because I once thought the sectors were relatively safe, I am even more disappointed. Banks of course have been a drain on our pockets ever since the big crunch of 2007. Whereas oil has only recently taken a nasty dive.

China Flag

Scary Chart Time: China and what might happen or might not

Now there are some definite bearish thoughts and views running around at the moment so I feel this morning we should explore a little bit. The first big worry is Chinese debt – has it got out of control or can the Party control it ?There is an article in the Economist last week discussing this which gives a very good summary and you should all read it,

RBS
RBS

Why I Hang Onto One of My Biggest Losing Shares. Ref: RBS

Hello Share Screamers. I was going to sell my bulky haul of RBS (RBS) shares - until I saw the latest set of results. Of course, I should have sold them a few years ago when the price was around 500p. Now it’s around 220p. But I dare to think that things may improve now.

RSA
RSA

Calling All Divi Hunters. Insure that You Look at RSA.

Hello Share Shoppers. If you’re a regular reader of this delectable website you’ll know that I like to keep an eye on RSA (RSA) the old Royal Insurance set-up. Time for an update, I fancy.You may recall there was a nasty shock for long-time shareholders like me when an offer from Zurich insurance was withdrawn last year.

OSB
OSB

Buy to Rent Bank May Be a Cosy Home for Some of Your Share Money.

Hello Share Tusslers. Spaggers recently asked me on this magnificent website to have a look at one of the alternative banks. Banks that are not among the big four British banks with their less than impressive recent history. So why not put under the spotlight Onesavings Bank (OSB).

RBS
RBS

Not Scared of UK Bank Shares? This One Makes a Good Account of Itself.

Hello Share Scrimpers. Here I go again - recommending a bank for your scrutiny. I sometimes wonder why I bother, as the big British banks have an eight-year-old habit of letting us down.

The Black Horse Kicks Up a Special Divi - So the Share Price May Gallop Even Faster Ahead.

Last May, shares in Lloyds Group (LLOY) reacted to a better-than-expected set of results by rising to very nearly 90p. It was an improvement that put the other high street banks to shame. But turmoil in Europe and a slowing Chinese economy sent the price dribbling down soon afterwards. 

Harold Lloyd, the Black Horse and High Buildings Don’t Mix, but the Dark Nag could Still Be Worth A Punt.

Hello Share Seekers. You may remember Harold Lloyd, the famous silent picture star, who climbed tall buildings and kept falling off them.

Whisper it quietly but large listed UK banks are looking interesting for 2016

With Santa apparently due to make his big arrival at my local garden centre next Saturday the starting gun has been fired for the rundown to the end of the year. And for the medium-term investor in me this only means one thing: which sectors, themes and stocks are looking interesting for 2016?

Oh, Oh, Antonio - You May Be Right About Lloyds Bank.

Hello Share Swipers. You have to admire the sheer cussedness of stock markets. Nobody could accuse most of its movements of following predictable patterns.

The Drain on Bank Shares Can’t Last Much Longer. Can It?

Hello Share Scrunchers. The four big British banks are looking like bargains to me. And I know that as soon as I say something like that, the many who take an opposite view will be sharpening their pencils.

Armchair-Tycoon

Great News from the States, Gang. - So Why Is It Crushing Our Shares?

Hello Share Pushers. As the old shares lose more and more value, the reasons given for the slide back become ever more bizarre.

RBS
RBS

Oscar Wilde Was Dead Right - But Only for Big Established Companies. Ref. RBS

Hello Share Fans. As most shares seem to be falling these days most of the time, it’s probably not the time to bring you any red-hot tips. Even the best of companies wobble when the tide goes out.

Three Share Trading Dilemmas for the Long Hot Summer of Share Stagnation.

There are quite a few share dilemmas to be resolved as the long hot summer of not very much happening draws on. The first is what do we do about oil shares. I certainly am not going to invest any money in those companies, which put all their hopes on finding more of the black stuff. I’ve been let down too often.

Newsboy

Bank of England announcement could hit the FTSE 100

The FTSE was strong yesterday, the index was boosted by mining stocks. As we know the index is influenced by the three major sectors, oil, banks and mining stocks. When one of these sectors is strong in general the FTSE is strong too. The rally in mining stocks could extend further as bargain hunters will be attracted by low valuations after the recent slide.

Acropolis

Buy Banks in the Shadow of the Greek Tragedy.

Hello Share Twitchers. There’s not much of an appetite to buy shares at the mo. The Greek vote was a step into the unknown, and that’s for sure.

Acropolis

Photo article: Greece votes Oxi but some things don’t change – today’s ATM porn as banks re-open (sort of)

As I wander up to the most excellent Anthrapology café one last time for a leave Athens on a boat tonight to continue my odyssey, I stroll past three of four banks and they are open. Well sort of.

Banks for the Memory. The Darlings of Yesteryear Could Ride Again.

Hello Share Shovellers. There will be the usual shouts of horror when I mention shares in the four big British banks.

RBS
RBS

It Might Be Worth Buying RBS Before the Big Sell-Off.

Hello Share Twirlers. So George of the Treasury Jungle has decreed that its Royal Bank of Scotland (RBS) shares are to be sold off, probably at a loss to the tax-payer. You’ll recall that the shares have to go for about £5 each to recoup the money - that’s nearly £1.50p more than the present market price.

HSBC: Hooray Some Bloomin’ Cost cuts

The only story of real interest in UK larger cap shares today is a strategy update by the banking behemoth HSBC (HSBA) which has finally got some focus on what they it wants its business to look like in a few years time.  I noted a little over a month ago that:

Have a Bash at Honkers Bonkers.

Hello Share Monkeys. I’ve written about RBS (RBS) and Lloyds Group (LLOY) lately. But I’ve neglected the biggest UK bank of all, Honkers Bonkers (HSBA).

RBS
RBS

Hard to Believe – but RBS Shares Are Still Only Worth 4% of What They Once Were.

Hello Share Shapers. While composing an essay about RBS (RBS), I found myself writing that their shares are now only worth 4% of what they used to fetch before the great credit crunch of 2008.

No, It’s Not Eastenders – But Try Compass and Merlin.

Hello Share Jigglers. It’s not easy to collect readers for my modest column at the mo. What with all the current excitement on this glittering website.

QPP
QPP

Life as CFO in a failing company like Quindell: someone who has been there explains

What is it like being Laurence Moorse, the FD at Quindell (QPP) as it goes down the swanny. I asked a gentleman now FD of a successful AIM listed company but who in a former life was parachuted into a quoted entity that he pretty soon realized was a can of worms, to explain. The experience still haunts him. His recollection will give you some idea of what life is like in Fareham right now.

Armchair-Tycoon

Three King Sectors Which Aren't Currently Bringing Gifts.

Hello Share Monkeys. I have three kinds of shares which are not doing at all well at the moment.

QPP
QPP

Quindell Profits/Accounting/cash warning - dependent on bank support - bearcast rampage from Tom Winnifrith

All my work since I first used the word Red Flag in April 2013 has been vindicated. My scoops of this weekend on Quindell (QPP) have been shown as true - today's statement is a total disaster for Quenron. Bulletin board morons who abused and threatened me get your sorry arses round to Real Man Pizza today to buy a large pizza and expensive bottle of wine and give my fantastic staff a large tip to say SORRY. The following points stand out:

Listen to the Bearcast:
Conservatives

The PM's Doom Bomb Shouldn't Happen - But if it does...

Hello Share Moochers. So the Prime Minister returns from the G20 summit and announces that the world could face another financial meltdown.

Keep Your Noses Out Of Our Banks.

Hello share twisters. The government is interfering with our banks again. They've launched yet another threat to the very fragile share prices of these very necessary institutions.

Collapsing-Reactor

More Bad News for Bank Share Fans.

Hello Share Pickers. So the all the big British banks passed the big stress test of the European Banking Authority. That's jolly good isn't it?

Standard & Chartered at 1087p - time to buy?

When I looked at this former Far East wunderkind bank in May, I was critical of its rather impressionistic form of reporting.

Bear

Eric Sprott: Get Your Money ‘Out of Banks and into Something Tangible’ - the economy is STILL broken

Eric Sprott the founder of Sprott Asset Management is perhaps the best known resource investor on earth. He says that he now has 80% of his portfolio in precious metals because the economy is just in a very bad place. It is just that people do not realise it yet so shares, cash in the bank is duff money. Sprott says you should but gold NOW because “when people finally decide they want to buy gold, there probably won’t be any gold.”  So asked what he is buying and why Sprott said in a recent interview:

The Bank of Ireland; selling at a premium to net assets - one to avoid

The Bank of Ireland (BKIR) is a bank that has undergone a significant reduction in the size, scale and nature of its operations since it was taken to into the emergency department during the great banking crises that hit home around 2009. It has survived, but in doing so has ‘burned’ a lot of cash, assets and investor equity value. That process of downsizing is meant to be complete, as the bank continues to balance its assets - in terms for risk – against its capital base to meet regulatory requirements in the most efficient and sustainable way.

Black-Swan

Pond life: a long macro view and a long pull – IFRS 9 and The Banks

As I swim through warm August waters in the ponds at Hampstead Heath on the lookout for darting kingfishers along the bank of willows, other less romantic thoughts float through my mind; thoughts of those other kind of banks and their ailments. The croaking cough of bankers as they receive yet another complaint.    

Stock-Chart-(Generic)

Sickly Shares Will Soar as World Wealth Grows.

Hello Share Tweakers: My shares seem to be softening fast. So what? Who cares? I certainly don't lose any sleep over a toppling Footsie. We have to recognise that all shares drop from time to time. There's a reason. It's that the big short- term traders cannot turn proper profits unless shares shed value on quite a regular basis.

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