Keyword results: dividend yield

This Dividend King Keeps on Bringing in the Sheaves Despite the Plague

Hello Share Shufflers. There aren’t many investment outfits I entrust my dough to, but regular readers will know I’ve time for City of London Investment Group (CLIG). A big reason to support it is a very generous dividend policy, and now comes news of a special pay-out on top.

A Jolly Dividend and a Fast Recovering Share Price Make Me Want to Stay a Legal Eagle

Hello, Share Smashers. Boring shares can be good to have because they’re less prone to disasters. And, as we all know, it’s the big mishaps that so easily wipe out all the happy progress we’ve made with other components of our precious shares bag. Which brings me to my rather large holding of Legal & General (LGEN).

BP
BP
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BP – results and dividend cut… we’re not surprised the shares rise…

BP (BP.) has announced second quarter and half-year results including “underlying replacement cost loss for the quarter was $6.7 billion, compared with a profit of $2.8 billion for the same period a year earlier… A dividend of 5.25 cents per share was announced for the quarter, compared to 10.5 cents per share for the previous quarter” ($2.1 billion)… and the shares have responded higher to nearer 300p…

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Tritax Big Box Resists the Virus and its Share Price Should Continue to Soar

Hello, Share Swingers. I’m not sure why I’m not invested in Tritax Big Box (BBOX), as I certainly think it's a company that's on the up. The latest numbers confirm that view...

Here's a Fund which Does It Differently and seems Worth a Look

Hello, Share Kickers. Normally I avoid shares in income funds as I prefer to make my own choices. But I rather like the look of the Sequoia Economic Infrastructure Income Fund (SEQI)...

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British American Tobacco is 'resilient and growing' (just a bit less than expected)...

Vice stock time again. I know there has been a little bit of controversy between writers on this website about certain sectors, but allow me to double down on the tobacco space (as an investor naturally, I've never touched the horrible stuff personally). Tom W and I both independently have recently expressed our enthusiasm towards Imperial Brands (IMB). Reading through a pre-close update from its London-listed peer British American Tobacco (BATS) today, I did wonder if the observation that it would be maintaining its 65% payout ratio dividend was a slight dig at the decision by Imperial to cut its own shareholder remuneration. It is not all laughs at BAT though...

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IMB
IMB
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Imperial Brands – cuts dividend… but as we expected and still an Income buy

We recommended shares in tobacco and ‘next generation’ products smoking company Imperial Brands (IMB) amidst the market instability in early April – noting trading performance resilience although we regarded a dividend cut as almost inevitable. The company has now announced results for its half-year ended 31st March 2020 – and there’s subsequently been a new addition to the shareholder list...

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Malcolm

Every Cloud has a Silver Lining. As Share Values Fall, Dividend Values Can Rise

Hello, Share Sappers. Few of us will be interested in buying shares at the moment, whether I think they’re in a great company or not. So allow me to impart some encouragement in these difficult days. And that is: dividends are still being paid...

DGE
DGE

This Drinks Giant Could Say Cheers Whether Economic Times are Good or Bad

Hello, Share Shapers. A lot of my gelt is tied into Diageo (DGE). Perhaps a bit more than my usual cut-off point of no more than ten percent of my portfolio. The reason for this out-of-ordinary support is that Diageo seems one of those companies that can command zippy shares prices in times, which in world economy terms, are good or bad. But let’s have a look at the fundamentals rather than making general pronouncements...

MRW
MRW

More Reasons to Sell My Shares in Morrisons

Hello, Share Scrapers. Morrison (MRW) and Tesco (TSCO) are the two British supermarkets in which I still hold shares. I’m happy about the Tesco investment because I still think of it as a recovery play, after some big set-backs a few years ago now. But I don't really know why I still have Morrison because the shares continue to disappoint...

Most House Builders are Worth Consideration after the Election, but the Biggest Could be one of the Best

Hello, Share Swappers. You may recall that I generally support the chances of housebuilders continuing their resurgence as reasonable investments. And I rather think that companies which make swathes of new houses in the middle price range are the way forward...

SCS
SCS
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ScS – senseless statistics supplant slipping sofa sales

I am not in the market for a new sofa but - casually perusing the ScS (SCS) website - if I do want a new sofa (or carpet!) by Christmas it is more than ready to supply something to me and even offer me some striking Black Friday deals of up to half the price off. Welcome to the excitable UK consumer backdrop in late 2019! And even better up to four years interest free credit is available!...

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Tailwinds Outnumber Headwinds for Bouncy Barratt Builders

Hello, Share Twisters. With three offspring who may buy their own homes in the next few years, I keenly appreciate the current shortage of houses. This gap between supply and demand will benefit all builders. But probably more so those companies whose homes are at the more reasonable end of the market. Earlier this month Barratt Developments (BDEV) reported encouraging figures...

The Black Horse Seems Tethered to the Brexit Argy-Bargy. So If a Deal Happens Expect a Big Jump

Hello, Share Bundlers. Looking at the chart for Lloyds Group (LLOY) is enough to give anyone the heebie jeebies. Mid-August the shares fell to 48p. Only a month later they were 55p. So up by 14%, which is an unusually big jump for a Footsie company. Less than three weeks later they were back down to 50p. And then at the end of last week, they were back to nearly 60p. Or approaching 20% better than on the ninth of this month. My Lloyds holding is one of the biggest in my book, so this up and down performance is pretty stressful. But why is Lloyds so volatile lately?...

UU
UU

Water, Water Everywhere and this Useful Utility should Stay Afloat

Hello, Share Scribblers. While not generally a fan of utilities, I do keep a long-time holding of United Utilities (UU.), which manages water and sewage in the North West of England. A recent trading statement shows the company is holding up well...

EZJ
EZJ

A Bevy of Headwinds Could Outweigh the Tailwinds for this Budget Airline

Hello Share Twiddlers. Airlines are a difficult area for me. Not since I ditched my old British Airways shares yonks ago have I dabbled in the sector. As a pilot might say: there seem to be more headwinds than tailwinds. The budget operator easyJet (EZJ) is a company which currently performs above City expectations. But for how long?...

IMB
IMB
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Are my positive views on Imperial Brands up in smoke?

Looking back a couple of months to my appearance on Tom's radio show many of the views I expressed there have aged pretty well. Long/buy calls such as Barrick Gold (GOLD in the US) and easyJet (EZJ) have performed appropriately whilst dogs such as Metro Bank (MTRO) and Dignity (DTY) keep woofing. I remain amazed that shares in bad boy St James's Place (STJ) have so far shrugged off a bunch of disaster stories about its overcharging culture...you can guess my continued negative thoughts on that one. However, one share which I mentioned and has not behaved as I would have hoped in the last couple of months is Imperial Brands (IMB)...

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LSE
LSE
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I shockingly agree with Vince Cable on the London Stock Exchange

I put my hands up and admit there are some companies about which I just cannot get my head around their share valuation. One of these is the London Stock Exchange (LSE) which - from the perspective of its share price appreciation over recent years - has performed rather well. Yes, I get the natural monopoly angle and some well-timed expansions into different markets and different products, but a x54 P/E and a measly 0.5% dividend yield are starting metrics that indicate...enthusiasm rather than value. And then, of course, there are the range of critiques that this website has highlighted for example, here. Anyhow, back to me and Vince…

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Dogs And Cats Work their Magic on Humans - and Pets at Home

Hello Share Treaders. A 30-year-old retailer that I’ve commended to your further scrutiny before seems to be gaining ground. Pets at Home (PETS) is a seller of stuff for pets. It combines this popular area with vet surgeries in its stores...

BP
BP
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BP – Q2 2019 results, an Income buy?

BP (BP.) has announced 2019 second quarter results, emphasising “continuing to deliver strong performance and strategic progress”

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BP
BP

Big Dividend Becomes Even Bigger for this Oil and Gas Jumbo

Hello, Share Catchers. I believe my second biggest holding is BP (BP.), so I was initially disappointed by the news that underlying profit was down in quarter number 2 compared to the same time in 2018...

The Black Horse May Be Better than an Outside Bet Despite What 'No Deal' Fearers Might Say

Hello, Share Jumpers. As the PPI claims August cut-off point nears, I can’t shrug off the uneasy feeling that I must be entitled to cashback. However, as I never borrow money and my last mortgage was taken out before the ark sailed, I must push the thought behind me. Nevertheless, PPI leads me to think of my shareholding in Lloyds Bank (LLOY)...

Rivals Make It Hard for Sainsbury to Boost Low Profit Margins so the Share Price Could Wobble

Hello, Share Scramblers. Of all the British supermarkets, I suppose I have the least expectations of Sainsbury (SBRY). And I’m rather glad I dumped my shares a couple of years ago. A look around my local branch, while not being that reliable, doesn't inspire me too much. There seem fewer customers these days...

BVS
BVS

Can Bovis the Builder Fix It For Shareholders? Well, Yes - It Could

Hello, Share Campers. When supply falls short of demand, or even likely demand, the happy supplier should be able to keep prices high and still make a tasty profit. That should go without saying. But those who criticise my current support for housebuilders rarely take into consideration this basic rule of o-level economics...

SHI
SHI
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SIG proving you can't cost cut your way to growth

I think it was after some great storm which had ripped up a few thousand roofs that I first became aware of SIG plc (SHI), which describes itself as a 'leading European supplier of building materials'. A fund manager colleague of mine was all over it like a rash and I remember one old-hand responding at the time 'SIG is easy...you buy at one quid and sell when you have made a decent turn'. Looking at the company's share price chart over the last decade, this advice has been pretty spot on…

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Big Yield, Low PE Glencore Could Benefit from a Global Commodities Boom

Hello Share Graders. It’s my birthday. But reaching the age of 34 is a worry. It’s made me die my hair grey. The day is also unusual in that I can’t find any penny shares which I dare to commend to your further examination. So let me turn to one of the biggest commodity companies in the Footsie. A firm with a market cap of £38 billion...

PNN
PNN

If Water Profits Dribble Away this Sassy Supplier has the Blue Planet Effect to Rely On

Hello, Share Finders. The most heated rows in our house aren’t about politics, but how we recycle our stuff. I put anything plastic or metal in our orange recycling bag. My wife takes it out and puts it in the landfill bag. She argues, rather loudly, that the council is picky about what they take and will refuse whole bags with the wrong sort of tin or plastic. I ought to ring up Pennon (PNN) for advice...

Vesuvius's Share Price Could Erupt Again as We Already See the Flames of Progress

The company Vesuvius (VSVS) may have an ear-catching name, but it does something rather boring. Metal flow engineering doesn't set the heart racing, which is possibly why such a fancy name was chosen. Never mind, boring often translates to overlooked in Shareland...

EZJ
EZJ
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easyJet: 'Desire for leisure travel continues to be important'

easyJet (EZJ) shares have been under the cosh in recent weeks due to the rum mixture of consumer spending being under pressure and the inevitable Brexit uncertainty. I know the latter is a bit of a 'go to' for many corporate names, but for a company such as easyJet it actually matters if any new impediments occur to travel or restrictions on ownership. The latter has been a real hassle for the company because of a need to show majority control by European Union-centric investors in order to keep maximum corporate flexibility...

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Land Securities like a lunatic loves London...

There is much I could write about today including Greggs' (GRG) continued success with vegan sausage rolls (good), Vodafone (VOD) admitting it had to cut the dividend (bad) and yet another property sector shocker, this time from behemoth Land Securities (LAND)…

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RSA
RSA

Step-Carefully-Stephen Helps Another Member of the Royal Family

Hello, Share Smashers. Regret lasts a long time in Shareland and I still kick myself for sitting tight when RSA (RSA) was about to be taken over by Zurich four years ago. I should have sold before the deal (and the share price) crashed to the deck. Never mind, the share price has since been gradually recovering and I am still well into profit on paper...

DGE
DGE

Drink to Diageo as its Froths Higher into yet Another All-Time Record

Hello, Share Callers. As most shares are falling now on Brexit fears, though I believe them to be groundless it might be the best idea to avoid buying most stocks in the expectation of getting them cheaper a little later on. And yet one company tends to do well when its fellow Footsie members step back...

Now the Big Deal's Off, What Will Happen to Your Sainsbury Shares?

Hello, Share Triers. Sainsbury (SBRY) has been in the news lately. Unfortunately, that news was worthless in the end. The powers-that-be decided that food bills could rise if a merger went ahead with Asda. So all bets are off...

LOK
LOK
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Lok 'n Store – playing property valuation madness and our own over-consumption

Unless you are an accounting geek who gets excited about post-IFRS 16 updates from Tesco (TSCO), there was not much to excite in today's crop of larger cap names...which means my attention was drawn to the interim results from Lok 'n Store (LOK) – the strangely-named, 'fast growing...self-storage company'. The combination of a consumption society (aka having too much stuff) with pressure on the housing stock has led to the growth and growth of this sector...

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DLG
DLG

As Big Insurers Ratchet Up Their Share Price, Direct Line May Succeed More than Most

Direct Line Insurance (DLG) is a rather unusual company. It does not flog its policies on comparison websites. You would think this would reduce the size of premiums. But when I compared the cost of insuring my jalopy, admittedly some months ago, I found I got a few better offers from comparison sites...

The Legal Sharpens its Talons Towards Firms which Don't Meet its Standards

Hello, Share Spookers. My old favourite Legal & General (LGEN) is making the news. It has a policy which could energise the share price. The company is taking action it hopes will curb global warming...

EVR
EVR

The Steel Comeback Might Turn Shares in this Giant into a Shiny Opportunity

Hello Share Pilers. Do you fancy investing in a steel company? Ok, I sense some resistance here. In recent years the steel industry has suffered. But it’s making a comeback, mainly because many countries, including the USA and Blighty, are committed to building up their roads and other examples of infrastructure...

GVC
GVC
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I still don't understand why GVC's CEO and Chair dumped so many shares...

I wailed and gnashed my teeth over betting behemoth GVC (GVC) a month or so ago after the company's CEO and Chair dumped a bunch of shares just days after an excellent results publication...which they also loved up in print and voice at the time. Throw in the terse regulatory news statement and correctly the stock dumped afterwards and has not yet recovered. Moving aside from the satanic aspects of selling shares at 666p (and the CEO having 666,666 shares left!), today's trading update represents the start of a rebuilding phase for the company with UK market investors...

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JHD
JHD
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James Halstead – strange name, decent company

I like a company whose name does not give too much away as it probably means that many investor and analyst types will overlook it. This means that in today's results crop James Halstead (JHD) stands out…

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LPA
LPA

LPA Group – “work load for the second half and the medium term potentially very pleasing”, but…

LED lighting and electro-mechanical systems group LPA (LPA) is a former tip, though one which was sold on the N50 website at 107p last summer as it noted “successive changes in Government procurement policy have impacted domestic supply chains for both new and refurbished trains and there is increased competition in our Asian markets”. The shares would later fall below 100p and closed yesterday at 103.5p before today an “AGM Trading Update”

WG
WG
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Wood Group - why I'm chilled out despite today's share price fall

Wood Group (WG.) is having a volatile day and is down over 7% as I write. The share is still however the thick end of ten percent above its low point for the year...which goes to show you the material natural level of fluctuations in the oil services space. Still, with the oil price heading north again year-to-date I would have expected more especially - as I last recounted HERE - Wood Group has plenty of self-help scope resulting from the Amec Foster Wheeler deal of a little over a year ago...

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Yes, I Keep Discussing it, but the Legal has Landed Again on the Right Side of Share Progress

Hello Share Masters. Today I return to an old favourite because its value continues to rise in the sea of our biggest companies, which is pretty choppy at the mo. But Legal & General (LGEN) continues to put on weight on an almost daily basis. The share has now put on a fifth of its December value - which is substantial progress for a jumbo stock...

Will The Black Horse Take Me Back into Profit? Still a Long Way to Go but it Just Might

Hello Share Trouncers. Lloyds Bank (LLOY) is doing ok. So maybe I’ll eventually get back some of my heavy loss which harks back to the financial crash of 2008. Sadly, I’ll need a 30% hike in the share price to do that. But it has been known for Footsie giants to double in a year. OK, that’s unlikely with Lloyds, but still it looks on the right track...

CNA
CNA
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Centrica's management are laughing after big regulator price cap fail

I do not remember the various price caps employed by Ted Heath's government in the early 1970s...but the history books tell me all I need to know as to their impact which was a mega policy failure and contributed to the election of a Labour government (of course it also led to the monetarist/free market revolution that ultimately led to the rise of Mrs T). Price caps distort markets and give incorrect incentives, a point made multiple times over the last year by the management of Centrica (CNA), concerning the introduction of energy price caps by Ofgem following agreement by the government...

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GSK
GSK

This Giant Pharma Has A Split in Mind Which Should Be Healthy for Shareholders

Hello Share Trudgers. Though treading in my erudite colleague Chris Bailey’s shoes, I thought it might be useful to have another take on GlaxoSmithKline (GSK) This giant pharma is a big part of my ‘safer’ Footsie portfolio (I put safer in quotes as some of my biggest losses ever have been members of the big 100 club)...

ROL
ROL

Rotala – 2019 “begun in line” after 2018 “performed well”, remains a buy

Rotala (ROL) has updated including “the group performed well in 2018” and “trading for the current year has begun in line with budget”

MRW
MRW

Why I Might Sell My Holding in My Favourite Store

Hello, Share Followers. Though I’ve held my Morrison (MRW) shares since Adam took up gardening, I’m not sure I should continue my loyalty. For a long time, the shares have been going nowhere. I was up 10% at one stage, but I’m back in negative territory now. However, I do like the stores more than those of rivals Tesco (TSCO) and Sainsbury (SBRY)...

PFC
PFC

Still Believe in the Oil & Gas Game? Take a Look at this Big Provider to the Industry

Petrofac (PFC) is a British giant I don't think I’ve touched on before. But maybe now is the time to bring this engineer and constructor which serves the oil and gas world, to your notice. For one thing, it has had new orders worth $5 billion this year. The order pipeline is bulging with $10 billion in total...

GSK
GSK
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Do I need to make an apology to dividend muncher favourite GlaxoSmithKline?

Much has been said or written about GlaxoSmithKline (GSK) during 2018 and my most recent contribution back in July suggested that a divisional split-up was a spoof. Well today's announcement that Glaxo has formed a joint venture vehicle with US pharma behemoth Pfizer for their respective consumer health arms (with ownership split 68%/32% in favour of Glaxo) appears at face value like a step in the right direction for under pressure CEO Emma Walmsley and team…

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SSE
SSE
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Seasonal embarrassment from SSE

Just over a week until Christmas and no sign of an imminent end yet to sloppy RNS updates. The headlines are going to be taken by the profit woopsie from ASOS (ASC) after it too agreed with Mike Ashley's November retail omnishambles comments of a few days ago and pulled down its growth and margin hopes. Thematically, it is much more than a survivor due to its online focus but it goes to show that it’s not easy out there. Anyhow, for those of you tempted by Sunday's Next (NXT) related musings, the in-price available has got that bit naturally cuter... However it is Scottish & Southern (SSE) that I wanted to write about…

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JHD
JHD

Flooring Is Boring but this 100-Year-Old Specialist Knows How to Make Profits Zing

Hello Share Munchers. Nobody could accuse me of only featuring glamorous shares. And today’s choice shines in a field which is just about as boring as you can get. James Halstead (JHD) makes industrial floors. But it’s a reliable money-maker and a decent divi-payer. And in these difficult days, one appreciates companies which consistently bring in the sheaves...

AHT
AHT
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Ashtead – good...but I feel I can do better

A year ago I was a little early in saying it was time to sell/take profits in Ashtead (AHT) at the twenty quid level...but I can live with this given the good and nicely profitable bump in the share beforehand. Now the share price is just under the seventeen quid level and this has piqued my interest again because the rental of industrial goods is a growth business and Ashtead has a very decent market position in both the UK and especially the US...

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This Famous Brand-Owner May Not Be Spurred by Christmas Spending, but Neither should its Shares Fall in January

Hello, Share Rascals. For a change, let me steer away from my topical suggestions on which shares to buy and sell in the run-up to Christmas. Because there are still big companies which are not really affected by any Yule rush to buy. One of them is Unilever (ULVR).

GNK
GNK

Greene King May Activate Higher Profits Before Too Long, But It May Be Worth Selling Shares after the Christmas Booze-Up.

Hello, Share Guzzlers. It’s usually encouraging when you find a company with a single digit PE as well as a juicy dividend. And Greene King (GNK) scores on both counts.  The PE ration I have is only about 8 and the dividendyield is a jolly 6.7%. But those happy numbers do not always auger a bouncy near future for the share price.  

DGE
DGE

Let's Drink to Diageo and the Strong Chance it Will Power up its Share Price in the Run Up to Xmas

Hello Share Scratchers. At this merry time of year, I usually recommend Diageo (DGE) for your share list. The reason is obvious...

BVS
BVS

Bovis Builds Its Prospects Boosted by a Very Tasty Prospective Dividend

Hello, Share diggers. There are niggles that house builders will be hobbled by Brexit. I can't see it myself. We need housing and homes are still in short supply. The Government has not said it will ease back on its generous incentives for builders when we leave the EU, so if the usual rules of supply and demand apply - and they’re always pretty powerful - then firms which build should, well, build their share prices while unemployment is low and interest rates are still modest...

Malcolm-Sax-Machine

Who Says Share-Shifting Doesn't Pay, as Dividends by British Companies Hit a Record Third Quarter High

Hello, Share Chuckers. For months I’ve been saying that dividend chasing can be so worthwhile. And now comes the vindication. The year has just finished its third quarter. And it’s revealed that dividends paid in those three months have hit an all-time high by UK registered companies.

IMB
IMB
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Imperial Brands - fade the moral outrage & buy

Time for another write-up on Imperial Brands (IMB)...and no doubt time for a bunch of criticism in the comments about how this is an uninvestable sector. Well I do not smoke, would not want my children to smoke/use tobacco-based products but - in a modern world of information and regulation/taxation - I respect the right of adults to do so and I remain perfectly comfortable in investing in the sector. Otherwise, where do you draw the investing line? Alcohol? Defence? Gambling? Clothing names who directly or indirectly use child labour and lots of water? Energy and mining names due to their use of the world's assets? You get the gist...

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BT
BT
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BT should think about sacking its CEO more often...

It is amazing what a 2% rise in revenues and some mumbling about a top end of range ebitda performance can do but - as I write - almost perma-dog BT Group (BT.A) shares are up over 6%. I should not be so cynical as I have liked the shares for a while as last expressed at length HERE. Today's update though feels like a corner has been turned. I say this for two reasons...

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WPP
WPP

Not So Sure About this Marketing and Communications Giant as the Times They Are A-Changing

Hello, Share Flashers. One of the biggest business turnarounds in recent years is how advertising is changing. Though many of us are irritated by the seemingly unstoppable surge of adverts on the telly, the truth is that more adverts are being swapped over to big techies, like Google and Facebook. So it’s not entirely surprising that WPP (WPP), the giant marketing, P.R. and advertising agency, has reported lower revenue for the third quarter of 2018.

WPP
WPP
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WPP advertises a shocker! Worst fall since 1999...

A couple of months ago I talked about advertising behemoth WPP (WPP) again noting that "in short, do not be tempted by WPP yet. The 'Sorrell lows' of c. 1100p are one place to have a think about it all but I would wait for the realities of the strategic update first". Too right...after today's update smacked the shares down over 15% at the time of writing - and even earlier today it fell the most on an individual day since 1999. Put that on your advertising billboards!

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BP
BP
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BP - a buy for income

Shares in BP (BP.) approached 600p as summer dawned and again earlier this month. They’ve been hit in the recent sell-off though, despite - already offering a hefty dividend - the second quarter results having emphasised “momentum and the strength of our financial frame… we are increasing our dividend for the first time in almost four years. This reflects not just our commitment to growing distributions to shareholders but our confidence in the future”

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AAZ
AAZ
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Anglo Asian Mining - a golden buy?

Shares in Anglo Asian Mining (AAZ) had recently risen materially, to approaching 75p. They then though slipped back – but recent news looked to have justified the earlier move and more and with gold now starting to motor thanks to stockmarket and bond market jitters...

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The Saga Saga Continues as the Big Insurer Takes Steps to Bump Up Profits

Hello, Share Squeakers. October is a fraught month for me. That’s because I spend too much effort trying to get better insurance deals for my home and car. The trouble is that comparison sites nearly always fail me because my house is rather unusual and sits by the sea. They can’t seem to grasp that because we are on top of a lofty cliff, we can never flood. Any road up, I know from my perambulations around the net that competition among insurers and their brokers is horrendous. And that’s what seems to be troubling Saga (SAGA) just now.

GRG
GRG
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Greggs - it is all about winning 'Best Vegan Sandwich'!

The world has turned upside down. Today's trading update from Greggs (GRG) contains the observation that: 'As testament to the increased breadth of our product range, we were recognised at PETA's 2018 Vegan Food Awards and were awarded the 'Best Vegan Sandwich' for our Mexican Bean Wrap'. I know the steak bake fraternity must be revolving in their early graves but I kind of see this as the high point of the turnaround plan at the core of the Greggs story for the last (just under) six years.

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Why Card Factory Doesn't Get My First Class Stamp of Approval

Hello, Share Turners. Though sending cards is a necessary ritual of life, I have my doubts about investing in firms which make or sell them - or do both. Technology and high postal charges are a growing problem. And younger people look more to Facebook and the like to confer their birthday and other greetings.

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Saga - cruising to a higher share price?

Since I first talked about the stock, Saga (SAGA) shares have been in a very tight range. I have picked up some decent income (the stock yields just over 7%) but - as I am not yet a fully paid-up member of Dividend Munchers United - that does not overly excite me…

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BP
BP

Are BP Shares Worth a Lot More? I'm Not the Only One Who Thinks So

Hello, Share Tasters. It’s rather amazing how people can hold grudges against companies which, somewhere in the mists of time, let them down. And yet we should always be mindful that the story changes all the time. And big losers in the past are often today’s brightest prospects.

Why Hastings is an insurance Company Battling its Way to the Top

Hello, Share Jumpers. Years ago, before useful comparison websites, I used to spend hours getting quotes for my car and house insurance. One outfit that was always among the cheapest was a new firm called Hastings (HSTG). It also seemed to be breaking away from the stuffy appearance of insurance firms in those days.

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Dunelm - the frilly curtains bounceback continues

It is not new news that the retail backdrop is challenging but the last time I mentioned homewares and related company Dunelm (DNLM) I confirmed that despite my continued inability to buy anything from one of its emporiums, I was loving the shares up.

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REL
REL

This Niche Company Does the Appliance of Science and Could Be Worth a Look

Hello Share Chunkers. Sometimes it pays to look at companies which seem to do what few other outfits provide. In other words, a niche company. There’s a perception that niche firms need to be small. But that’s not so with today’s choice for your further consideration.

Tom's Wrong on House Builders - and Barratt's Latest Star Numbers Should Continue to Shine

Hello, Share Turners. Time was when comedians told jokes about Barratt houses. No longer. There is perky customer satisfaction. And though I have my detractors on this stupendous website, I still think Barratt Developments (BDEV) continues to go places fast. And so I fancy will the share price.

WPP
WPP
PREMIUM CONTENT

WPP - time to advertise a kitchen-sinking

It is nearly six months since I last mused about the advertising behemoth WPP (WPP) HERE and it has not got any easier, even if its legendary founder Martin Sorrell did the decent thing and exited stage left...eventually. More on the great advertising man in a minute, but we all know that the key with this space (as with most sectors) is to underpromise and overdeliver. That in a nutshell is the challenge for the company's new CEO Mark Read, a company insider tasked with taking over the advertising company that Martin built…

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Getting Bigger and Better, this Pensions Giant Promises a Juicy Dividend

Hello, Share Sifters. One of my all-time Footsie favourites, Legal & General (LGEN) is growing even bigger. And so I rather fancy will the share price. Ok, in the first six months of this year, underlying operating profit did not improve by much - 5% to £909 million - but that was partly due to pumping more dosh into digital technology which will serve the company well in the future.

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Headlam - quiet day shocker as I talk about a small cap

With a relative dearth of larger cap news out today I turn my attention to Headlam (HEAD), which is apparently 'Europe's largest distributor of floorcoverings, providing the distribution link between suppliers and customers across the UK and Continental Europe'.

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RMG
RMG
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Royal Mail gets fined...so time to buy?

Who would have thought a stodgy stock like Royal Mail (RMG) would be such a trading counter? Over the last year alone it has moved between a sub four quid share price and pushing 630p a share...and when I look back over the last year it has been one of my top active selection larger cap names. I have not owned the name for a few months now but it has come back on my radar today as its regulator Ofcom has just slapped it with a £50 million fine.

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RRS
RRS
PREMIUM CONTENT

Should my bromance with Randgold Resources continue?

You always have to watch your biases in the world of investment. There are some shares or sectors that for personal, historical or other exogenous/endogenous reasons you just love or hate. Regular readers will know that Randgold Resources (RRS) has been one of my structural favourites for many a long year, with the stock one of my largest (and most successful) holdings during the final part of my institutional fund management career, contributing to outperformance and the like.

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BT
BT
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Friday I'm in love (with a higher BT Group share price)

It has been a busy, busy week and sad sacks like me are going to be bent over a hot laptop during the weekend catching up with the multitude of earnings numbers published by corporate names around the world this week. Turning to London-based results specifically, some good news within the UK market today for the old stalwart BT Group (BT.A).

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Time to take some profits after a chavtastic run in Burberry shares

Back in January, I talked positively about Burberry (BRBY) shares and since then they have pushed up very nicely. Today's stock market is one where you have to be prepared to take a few profits too and that is my call today with the sort-of luxury goods name after reading through its first quarter trading update.

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BVS
BVS

Time to Build Your Share Pile in Bovis? The Happy House-Maker Seems to Be Improving Fast

Hello, Share Finders. Housebuilders attract a few warning signs on this splendid website. But there are still some strong signals to keep buying. The most important, perhaps, is the all-important demand versus supply issue. And though house prices are flat or falling, depending where you live, the shortage of affordable homes gets no better.

GNK
GNK
PREMIUM CONTENT

Greene King - come on Ing-ger-land!

The numbers from Greene King (GNK) today are pint glass half empty or half full as per your inclination. The good news is that the attractive 5%+ dividend yield is held and covered by cashflow generation. Additionally those wonderful attributes for a pub group - sunny weather and a World Cup - have helped out. As the company notes itself: 'positive momentum has continued into the new financial year, aided by good weather and popular sporting events'.

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AHT
AHT

Ashtead Has Tooled Up Big Money for Many of Us, But Can it Continue?

Hello Share Smashers. If I haven't covered Ashtead (AHT) for some time, it's because I sold the shares. And yet I wished I'd waited a bit longer.

Saga Battles On, but I Worry about Possibly Fading Loyalty and Stiff Competition

You know the old updating of Shakespeare's seven ages of man speech. Well, the modern version is just four ages - lager, aga, Saga and ga-ga. Saga (SAGA) being a company which provides services for the getting-on-in-years tribe. This tribe is more numerous than it used to be - and becoming even more plentiful.

DC
DC
PREMIUM CONTENT

Dixons Carphone & Saga - double buy update

You could have made a bit of money off my January reiteration that Dixons Carphone (DC.) was too cheap. The shares have pulled back from a slightly frothy 240p and are now trading just below the 200p level which is really building into a big resistance/support level. Today's numbers complicate matters a little more, with a second attempt by the new CEO to ensure he is starting the job at a suitably depressed profits outlook level by pulling down hopes for the next twelve months to just £300 million pre-tax profit versus not far shy of £400 million in the year just completed and over £500 million for the year before that.

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NXR
NXR
PREMIUM CONTENT

Norcros – full-year results emphasise “excellent progress”, still a buy

Bathroom and kitchen products company Norcros (NXR) has announced results for its year ended 31st March 2018, emphasising “excellent progress towards our strategic objectives” and that “the board remains confident that the group should continue to make further progress for the year ending 31 March 2019”

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BT
BT

Battered BT Still Rings Up Big Yield as the Share Price Slowly Recovers

Hello, Share Pingers. One of my most interesting shares at the moment is BT Group (BT.A). Like my learned colleague Nigel Somerville, I am stuck with a lot of its shares - which have done badly of late. The double whammy for me though is that they are now less than 210p, a few years ago I was gloating over a price of 500p. Which was nearly my original stake. And now I am out of profit.

Tate and smile!

First a quick shout out to subscriber SoupChicken for their gracious comments on Tate & Lyle (TATE) earlier in the comment section of another story. Latest numbers from the sugars and ingredients company crystalised(!) many of the hopes I put out in my February update, which you can read HERE. As I noted back then '...for punters the 550s is one level to write down' and boy did that work from the sentiment lows in late March with the shares now breaking 650p. So that's great...but what now I hear you ask?

Animal Instinct Tells Me this Big Player in a Growing Market May Soon Make Tracks

Hello, Share Scramblers. It seems to me that more people are adopting cats and dogs. There’s also more interest in more exotic pets. At my vet this week, I spotted a hen and something in a sinister box which the owner seemed afraid of. People are also taking more care of their pets, as many become a substitute for offspring who’ve fled the nest.

CTO
CTO

TClarke – AGM update, how’s the speculative buy faring?

I previously wrote on building services company TClarke (CTO) in January last year with the shares at just over 70p – concluding the value and income on offer might see the brave consider a speculative buy. The shares are currently approaching 4% higher today, at 84p, on the back of an AGM update..

BKG
BKG

Nightingales Keep Singing in Berkeley Shares

Hello, Share Smashers. With the price of homes retreating, you might be tempted to stay away from house builders. But one company I think might continue to do well is Berkeley Group (BKG). I’ve covered this sprightly builder a few times over the last year or so and the trend has always been up. Other builders have struggled, but not this one.

RSA
RSA

A Lacklustre Trading Statment, but RSA Still Shows Signs of Royal Share success

Hello Share Crimpers. My favourite insurance giant is Legal and General (LGEN). But the old Royal Insurance, now called RSA (RSA) is still in my bag. And it’s doing rather nicely, if not brilliantly. In share price terms, at least.

4imprint – trading “above the board's expectations”… but does that mean value?

Previously writing on promotional products direct marketing group 4imprint (FOUR), I concluded in November with the shares at 1900p that the potential reward compared to the risks suggested it sensible to be bearish. The shares slid below 1570p last month, but are currently back above 1800p following an AGM Statement

SFE
SFE

Safestyle UK – 2017 results, mighty dividend yield an attraction - or a warning?

Its shares having fallen from more than 300p less than 9 months ago to 90p, Safestyle UK (SFE), “the leading UK-focused retailer and manufacturer of PVCu replacement windows and doors for the homeowner market”, has announced 2017 calendar year results…

GNC
GNC

Stale sandwiches at Greencore?

Hands up, judging by the share price reaction in Greencore (GNC) shares today after its trading update my optimism (last discussed here) about the prospects for the UK's leading sandwich provider and particularly its US-led expansion was overdone. But as one of my early career investment mentors once noted 'what happens, happens. What matters is how you react'. So what to think about today's newly 'improved' share price?

As US Stocks Rally, There's Possibly Still Time to Buy British Shares on the Cheap

Hello, Share Piggies. So I was correct, for a change. The big one-day 1100 point drop in the Dow has almost been mopped up by steadily improving US share prices. It’s nearly always the same down-and-up pattern. Unless we get a real share crash, which this wasn’t.

AV
AV

Viva Aviva, as It's Always Nice to Have a £3 billion Cash Surplus to Fall Back on

Hello Share Swirlers. You may already know that I’m a supporter of big insurance groups. My Legal & General (LGEN) investment has risen by 210%, though it's taken five years or so to achieve it. My RSA investment has not been so successful, but it’s still a better performer than most in my bag.

Tate and smile?

A Thursday in the middle of both a general corporate earnings disclosure frenzy and a market rout always throws up a few questionable share price reactions. I am wondering if one of these was the reaction by Tate & Lyle (TATE) shares which have fallen from 650p to around 600p at the time of writing.

MRW
MRW

More Reasons to Avoid Morrisons and other British Supermarkets

Hello, Share Stackers. Of the four big British supermarkets, I have the most hope for my holding in Morrison (MRW). This is not saying much, as I think they all suffer in comparison to the cheaper prices offered by the Germans. Aldi and Lidl still attract my custom more than Tesco (TSCO) and Sainsbury (SBRY). And I know I’m not the only one. But Morrison reports a bouncy Christmas.

Consider Giving Galliford a Try, as it Seems Unfairly Unloved and Good Value

Hello, Share Swingers. It’s been a while since I’ve commended the unusually-named housebuilder Galliford Try. (GFRD) And since then, the share has not performed as well as most of the rest of my stable.

Is it all Behind the Four Big British Banks - and which Is the Best One to Back?

Hello, Share Miners. The four big British banks are still avoided like rattlesnakes by many share shifters. But there will come a time when everybody finally forgets what happened in 2008 - and most of the other banking shocks, since.

 
DGE
DGE

Start your Santa Rally Attack with Festive Favourite Diageo

Hello, Share Pagers. The Santa Rally is often slow to gather pace. And so there’s still chance to take an early advantage. One of the most favoured shares at Yuletide is Diageo (DGE). There’s a surprise!

PRP
PRP

Prime People – half-year results, expects some second half improvements BUT…

I updated cautiously on Prime People (PRP) last month HERE and the specialist recruitment group has today announced results for its half year ended 30th September 2017…

IMB
IMB

Imperial Brands - I don't use the products but hello cash machine

The last time I wrote about Imperial Brands (IMB) HERE, there were a few overly excitable comments made. As noted last time, I have never smoked but have no moral hang-up to investing in the sector. If you do...then I guess you have stopped reading or I look forward to your comments. Anyhow, since my original piece the stock is slightly down but only by a percent or two and full year preliminary numbers highlight an improving second half of the year showing a touch of revenue and EPS growth.

Hammerson's Share Price Could Benefit as We Still Shop Till We Drop

Hello, Share Throwers. They tell me that shopping centres are not in favour as much as they used to be. Perhaps it’s because we’re beginning to adopt the irritating American habit of calling them malls. But it’s more likely to be the advance of internet selling. However, the public will never abandon the strong British pastime of real shopping. And so I believe the present level of popularity will hold fast and may even improve. And it will if we ever, as a society, find ourselves with more leisure time. Technology hasn’t done the trick so far, but it might do.

Polly Put the KETL on as Strix steams into the Tea and Coffee World

Hello Share Plungers. Why not make yourself a cuppa as we take a gander at Strix Group (KETL)? The clue is in the epic code. The firm may well have a link with the kettle you’ll use for your brew. When your kettle switches off as it reaches the right temperature, you may want to thank Strix.

This Footsie Giant May Be Too Big for a Takeover, but the Mounting Share Price and Big Divi are Well Worth a Look

Hello Share Eaters. As I write, the share I recommend you look at today is nudging towards its all-time high price. Will it now run out of steam? Not if most of the signs are anything to go by. And meanwhile, there is a vast divi, paid four times a year.

Here's One of the Best Footsie Giants to Invest In, in my Humble View

Hello Share Scribblers. You don’t need me to tell you that the world is becoming a more volatile place - including geopolitics, but also in the likes of weather and fire hazards, as in the case of Grenfell Tower.

UU
UU

It's Steady as She Goes for United Utilities, Probably as Reliable a Share as You Get in Crazyland

Hello, Share Poolers. We all have shares which are so steady, but lacking in big leaps forward, that we tend to leave them to it. We rarely bother to check on progress, because we know we won’t get a cheap thrill. Such a company in my bag is United Utilities (UU.). The name has become a bit out of date because where it once combined water with electricity services and telecommunications, it now concentrates on the water.

PSN
PSN

Persevere with Persimmon, People and You may Perceive your Share Price Build

Hello, Share Twisters. Two months ago I commended the big builder Persimmon (PSN) to your attention. The share price then was about 2220p. As I write, it’s 2636p. But there is further to rise, I fancy.

WPP
WPP

Does WPP stand for 'What Profit Progression'?

Too many years ago to remember as a fledgling analyst and junior portfolio manager, I was told by an old hand that 'WPP is the company with the greatest correlation to the FTSE-100'. I have no idea - nor the boring Excel skills - to say whether this is true but the notion that the world's largest advertising company should broadly share the same ups and downs as the very international main UK market index makes quite a bit of sense.

Gattaca – argues “broadly in-line” – though forecasts were cut as recently as April…

Having previously written on engineering and technology recruitment company Gattaca (GATC) in April - half-year results, General Election the next ‘uncertainty’?, the company has now updated on trading for its year ended 31st July 2017…

WGB
WGB

Walker Greenbank – “pleased to announce” half-year trading update, are the shares a buy?

Luxury interior furnishings company Walker Greenbank (WGB) “is pleased to announce its pre-close trading update for the six months ended 31 July 2017” - with this commencing with that brand sales “were up 35.6% in reportable currency compared with the same period last year”. Sounds good, so why are the shares currently sliding back slightly?...

CNA
CNA

Energy Caps Will Only Make Things Worse for Centrica

Hello Share Squishers. It seems fairly obvious that gas and electricity supply companies may well see slimmer share prices after all this general election talk about capping energy bills. But so far, the market has not cropped shares by very much.

NXT
NXT

Next - profit warning ahoy #2

The seasons may have evolved a little but the message from FTSE-100 clothing behemoth Next (NXT) is basically unchanged. Life is still tough in a market where, in its words, ‘the UK consumer environment remains challenging’...

Want an Easy Way to Invest in Emerging Markets? Take a Look at CLIG

Hello Share Swiggers. As I write this, the share I love is once again putting on more value. However, City of London Investment Group (CLIG) can sometimes be in the opposite camp.

Card Factory – “as convinced as ever of the strong growth prospects”, but recent performance “lower than our normal levels”. Hmmm…

A trading update for the six months ended 31st July 2016 from Card Factory (CARD) notes “we remain as convinced as ever of the strong growth prospects for the business”, though describes a trading performance “lower than our normal levels”. Hmmm...

SKY
SKY

Sky Shares Head Skywards Again As the Telly Army Shows No Sign of Doing Something Else.

Hello Share Polishers. Despite the fact that we should have all got fed up with it over the last 60 years, the time we waste watching the one-eyed monster in the corner ( a staggering 4 hours daily in the UK)  is a sad indictment on the human race. It saves doing any work you see. You don’t even have to read anything.

GKN
GKN

Negative reaction to GKN results is a good buying opportunity!

GKN PLC (GKN) took a hit this week when its final results didn’t quite meet market expectations and sparked a sell-off.

That Sassy Selfie Set-Up Still Presents a Perky Picture.

Hello Share  Swappers. There is a stagnant feel to the markets this happy July. Nothing seems to be moving very much, held back by the traders' summer hols, China and, to a lessening extent, Greece. But there are always some bunnies which are still running north. And if a share is sailing ahead, even in these stormy days, then it must have a lot going for it. One such perky stock is Photome (PHTM) the company which runs those little boxes that take selfies in railway and bus stations etc.

CNA
CNA

Is Centrica the new Tesco’s?

It is always worth taking a look when there is a big fall in a well-owned FTSE-100 stock.  Today’s performance dog is Centrica (CNA) which probably supplies many of you via its British Gas brand with gas and electricity and which has blamed a combination of energy price moves, the weather and utility market competition for a 30% fall in earnings per share in 2014…and most strikingly a 30% fall in the dividend it is going to pay. 

CNA
CNA

Centrica at 269p – sell

The recent downtrend in Centrica (CNA) shares (269p last seen) has found some resistance. They have bounced off a low 258p level where they were, on last year's dividend payout of 17p, on an historic dividend yield of 6.5%. Was the market assuming that a dividend cut was discounted or that the share was horribly oversold because there might be no dividend cut? 

MKS
MKS

Marks & Spencer– after the Christmas period, where now?

When I had a look at the prospects for Marks & Spencer (MKS) last July - when the shares were trading at around 423p - I came to the conclusion that its shares could move well ahead, citing my subjective estimate of a possible potential extra one pound a share.

Standard Chartered Bank at 963p: awaiting recovery with an appreciating dollar.

2014 was a disappointing year for Standard and Chartered (STAN) the long established, deep rooted South East Asian and African banking group. The conditions for commercial and profitable recovery did not materialize in the first half to 30 June 2014 and there were several episodes of downgrading of expectations by the management which had self-evidently not been reflected in previous market consensus profit estimates. 

RR
RR

Robert Sutherland Smith’s share tips of the year 2015 No 2 – Buy Rolls Royce

My second choice for the traditional Christmas share consideration and selection game has the following merits. It is a share that has performed well over the long term but having underperformed the market this year. It looks attractive on a technical interpretation of the share price chart and is well supported by fundamentals on low estimated measures of value. It is of course, Rolls Royce (RR.) which I last visited in October when the shares were 800p and looking, I thought, particularly bombed out. 

UU
UU

Cash in on a Company which Brings Power to the People.

Hello Share Twiddlers. When I first bought into United Utilities (UU.) energy and water prices were uncontrolled and rising. Therefore, this electricity and water supplier for the North West of England seemed to be a double golden egg – it was making a profits and, being an arch-defensive share, seemed fairly safe.

GRG
GRG

Greggs plc – trading performance “materially ahead”, but already in the share price?

Shares in Greggs plc (GRG) are currently approaching 600p on the back of an update that operational improvement initiatives, lower costs and more favourable trading conditions than were expected mean “we now anticipate full year profits to be materially ahead of our previous expectation”. Is this already reflected in the share price or not?

BP
BP

BP 457p; the law's delay - to say nothing of the insolence of office.

The more than 5% drop in the share price yesterday of BP (BP) was clear proof that the market was not expecting a US district judge to come to the conclusion that the company had been “grossly negligent” in the Gulf of Mexico. Falling into the hands of the US judicial system, so far as BP is concerned at any rate, has the fantastic aspect that Lewis Carroll brought to Alice in the court of the Red Queen. Can it be real!

DSG
DSG

Dillistone Group – shares rise on new product announcement, a buy?

Having noted in its results earlier this year that “our development team has continued to develop the FileFinder product, and has delivered performance and functionality improvements since launch. The division expects to make an important product related announcement later this year”, shares in recruitment software group Dillistone (DSG) are currently approaching 3% higher, at 105.5p. This is on the back of the new product announcement. I provide an update in the following.

Hydrogen Group – seemingly good value, but is it actually?

I previously wrote on specialist recruiter Hydrogen Group (HYDG) in January – concluding that, with the shares at 108p, the prospective rating looked reasonable but that the cautious would await further clarity (see HERE). The shares remained above 100p until a May AGM update which included that “in some areas we have observed a delay in conversion to completed placements and we are yet to see an across-the-board uplift in Net Fee Income. It is therefore still too early to say with certainty when the different practices and regions will see sustained acceleration”. Ahead of the 16th September-scheduled interim results, I take another look at this stock following a further update on trading last month and with the shares currently at 80.5p.

WPP
WPP

WPP at 1245p; an excellent play on Sterling weakness

WPP interim results are a classic example of what the strong pound has been doing to British overseas earners. Thank God the minority of two on the Bank of England rate setting Monetary Committee did not persuade the rest to raise interest rates when the Committee met recently. Life is tough enough for companies such as WPP (WPP); most of its top line revenue comes from overseas. In the six months to June 30 this was reported up 2.7%. However, if it were not for the painfully strong Sterling exchange rate, revenue, we are told would, have risen a staggering 11.3%.

Try Impellam 1-2-3. The Jobs Train Is On the Move Again.

Hello Share Shunters: Let me see if I can interest you in a firm called Impellam Group (IPEL). They are in the job recruitment game. This was not a booming business in the long, dark period after the Credit Crunch. With no jobs going how could you make a crust when nobody was taking on anybody? But things are better now, with many more spare jobs, even if many of them are not paying quite as well as they used to.

Inmarsat Is No Waste of Space.

Hello Share Mashers: Inmarsat (ISAT) is a great British space-age techno company – but not as we know it, Jim. You may recall lots in the news about Inmarsat earlier this year. They were the ones who were looking for bits of wrecked plane in that big missing aircraft tragedy.

RIO
RIO

RTZ; still good value at 3,336p

As a generalist watcher of shares and their performance, I am often intimidated by the intimate and esoteric knowledge of experts; particularly in the mining sector. They seem to understand, or at least explain, every nook cranny of company performance in exquisite technology speak. However, as always in life, particularly in share spotting - that very unpredictable business - there are alternatives. My own approach as a generalist contrarian, with an eye on the fundamentals, as well as the technical analysis, is the combination of pedestrian observation and hopefully common sense evaluation; that has certainly been a helpful approach in the case of RTZ (RI0).

British American Tobacco at 3500p: clock the dividend yield but check the balance sheet.

It was culling through the morning paper, with a fortifying cup of strong coffee in hand, when I came across a report that R.J.Reynolds the US tobacco company was being sued for $23.6 billion - or £13.8 billion in the real currency of George Osborne’s Britannia. I took a slow long sip of the coffee and read on. It told me little definitive but did reveal yet again the extraordinary freewheeling of the US justice system in which is hard to relate to the way things are done in here. If this sum related to British American Tobacco (BATS) in the UK and not to R.J.Reynolds, the shares at today’s price would be selling on a multiple of 4.7 times that claim. Or to put it another way – a way that tells you something useful - the claim represents at today’s British American share price of 3500p, one fifth of British American’s current market equity capitalization.; or looking at it from another perspective, half the Group’s total assets.

AV.
AV.

Aviva at 490p: Not cutting cost enough and not yielding enough, further downside likely

Aviva (AV.) is 8.6% or so down from its high point of 536p last May. Some in the market have been slightly underwhelmed by the recovery plan thinking that more cost cutting needs to be done; that is to say, doing the right things but not to a great enough extent.

MKS
MKS

Marks and Spencer at 420p: looking at the first quarter’s results.

In the last year to 29 March 2014 we were told that the first fruits of restructuring and reforming Marks and Spencer (MKS) were starting to appear. The company had just started up its own new digital buying web site rather than relying on sales through Amazon and the important women’s’ ware had been revamped by someone with the credentials to do a good job. The first quarter’s results were thus looked forward to with the anticipation that horticulturalists have each spring. Were the green shoots appearing?

IMI
IMI

IMI: expect more downside, before considering buying

IMI (IMI) is that rare and wonderful thing a British Engineering company. In modern parlance it provides “solution” for control of fluids. The country used to have hundreds of such companies. I note that its down 7% ; not a lot but enough to be of interest; particularly since it appears to have bounced of what looks like an upward sloping trend support line.

BG
BG

You’ve Let Me Down Too Often, BG.

Hello Share Shakers: My biggest holding by far is BG (BG.) It is counted as an oiler, but its biggest seller is natural gas. I hold far too many of these blighters for comfort. They are risky.

VOD
VOD

Vodafone at 194p: a very unpopular share. Excellent!

The Vodafone (VOD) share price has been heading south in recent times; like a lemming heading for a cliff edge. Looking at the chart there seems little to stop it plunging further. Is it telling us something above and beyond what the market seems to expect? Probably not! The Markit short selling market activity coverage has it on a “low” rating. But it is a veritable “falling knife” that investors - according to timeless market tradition - should never grasp. To quote the great Horace Rumpole, Heaven forefend that one should disobey that timeless rule! But nevertheless, there are good rational reasons saying that one should. 

Sainsbury at 337p; still good value in a sea of competition

Last month, I gave my reasons why I thought Sainsbury’s equity was attractive at the then share price of 340p. I described the company as “impressive fundamental value in a sea of intense competition”. In essence, that was based on an estimated prospective dividend yield of 4.8%, backed by a strong balance sheet net asset value of an estimated 317p a share. The share price continued a slide down to about 326p before bouncing; last seen, Sainsbury shares were back up to 337p almost back to where we came in about a month ago. 

DRX
DRX

Drax shares have just bounced off a trend support line and look attractive at 632p.

It looks as if the share price of Drax (DRX) - one of our big electrical energy power suppliers - has reached its three year trend support line. Indeed bounced off it just above 600p.  The share price, having had its little bounce, is now 632p last seen. What fundamental grounds exist to support belief in that technical position?

RMG
RMG

Royal Mail at 526p: money in the post.

I didn’t comment on Royal Mail (RMG) on flotation because there was plenty of coverage. Now we have had a moment’s hesitation after the first annual results, I have had a look.The shares are not attractive on the basis of the valuation of these first annual results; with a PER of 21.4 and an annual dividend yield of 2.4%. 

Tesco: "Don't panic Captain Mainwaring!!"

Stock markets are bewildering places. The day after Tesco (TSCO) posted appalling results for the year to 23 February 2013, its share price goes up?

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