1 day ago
Johnson Matthey (JMAT) has seen its share price take a bit of a hit in recent months and is now trading at a similar level to where it started the year, despite the world economy looking in better shape now than it did then.
1 day ago
Hello, Share Scrapers. Fairly recently I commended Pets at Home (PETS) to you. Allow me to feature another company which could benefit from the current boom in pet ownership. CVS Group (CVSG) is a company which does veterinary services for creatures great and small, including horses. It also has some other interesting animal sidelines.
3 days ago
Faced with a plunging share price since the “oversubscribed” placing and founder shareholder stock dump in May, what does Dragon’s Den “star” Sarah Willingham do for her NightCap (NGHT) baby. First: panic. Second put out out a rushed trading statement with old news and missing out critical numbers.
4 days ago
The latest results from pawnbroker H&T Group (HAT) noted Covid-19 related trading restrictions and reduced high street footfall impact but they still showed profitable resilience and noted growing confidence. We can understand why, given the strains raging inflation will put on household budgets, and predict a return to the 380p+ share price levels of early 2020. At a current 283p offer price (279p when we tipped it two weeks ago) and up to 290p, this is a recovery BUY.
4 days ago
Back in April here, at the time of its IPO, I observed that PensionBee Group plc (PBEE) – which describes itself as ‘a leading online UK pension provider with a mission to make pensions simple, so that everyone can look forward to a happy retirement’ – was ‘certainly not buying it on day one’. Well that was a smart choice as whilst the shares hit 180p a few days after the float, they ended Friday’s trading at 140p.
8 days ago
In bearcast yesterday I discussed whether Andrew Bell would be given the order of the boot at the December/January Red Rock Resources (RRR) AGM where he is up for re-election. There was, I suggested, a reason why some shareholders might feel this was a risk worth taking. Mr Bell has – at my request – responded with his case for the defence. We, as shareholders, can all make up our own minds but a sub 0.5p share price will not help Mr Bell’s cause. His detailed case follows:
9 days ago
Asiamet Resources (ARS) has been a very frustrating share to hold and in the past I have been less than impressed with the management, especially when it comes to the Aeturnum debacle at the start of this year.
9 days ago
I have not written about Moneysupermarket.com (MONY) before but Malcolm has, as you can see here just over a year ago. He was absolutely correct that helping to identify good value car insurance, home insurance, credit card deals, travel insurance, pet insurance and broadband deals, along with the ownership of MoneySavingExpert.com (thanks Martin Lewis), was popular with lots of people. And whilst COVID-19 issues with the travel industry has caused some challenges over the last year, a business with some overall net cash on its balance sheet and free cash flow generation helping to support a 5%+ dividend yield certainly could have been a lot worse. But the shares have had a very poor last few months as, whilst the travel insurance business has been only slow to improve, the energy deals business has been an absolute shocker recently.
10 days ago
It is not a bad start to the week when a holding gets bid for. If I get one bid a year for one of my holdings then I am lucky, because trying to predict a bid is somewhere between difficult and impossible (which is a bit of a hassle given the market factors in a potential future scenario about 99 times more often than there actually is a bid). Anyhow, having made Playtech (PTEC) one of my tips of the year in late 2019, I doubled up my position during the COVID-19 uncertainties a few months later. All a bit embarrassing…but such is the investment world. Anyhow, I have kept my expanded position since and was still seeing some potential for future appreciation as noted here last month. Good bid news this morning then for the gambling software development company and for me!
13 days ago
ITM Power (ITM) has advised it has raised a shedload of cash to the tune of £250 million via a placing at share price of £4. I find the detail and timing very interesting and cannot help myself questioning if this is the pre-cursor to FLOP26, ops sorry COP26, and the bursting of the green bubble.
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