Sunday Long Reads: Bitcoin at sea, China propaganda, Left behind in Nazi Austria, Anthony Bourdain, Poker ETG
Published 5 days ago
Of course none of the eight might come to pass but I explian why I am bearish anyway and then list eight events each of which could happen and each of which could really tonk UK equities and it is just possible that all eight may come to pass. Enjoy.
Published 312 days ago
My Woodford piece earlier today highlighted the challenges of taking too much notice of what you hear from the company itself. I think the same can be said in connection with Big Sofa Technologies (BST) following its poor trading update yesterday.
Published 355 days ago
IQE (IQE) has today stated that it is "on track to exceed full year expectations". But hang on Henry. Sales are vanity, profit is a matter of opinion, cash is reality. And so we read that:
Published 509 days ago
An AGM Statement from Lombard Risk Management (LRM) commences that “the company continues to see a positive market for its products with the landscape largely unchanged since we announced our 2017 full year results in May”. Yet the shares are leading fallers, currently down circa 15% at around 11p…
Published 534 days ago
In the latest video podcast from Palisade Capital, perhaps the world's best known resource fund manager, Rick Rule of Sprott, discusses the surprising lack of volatility in the markets and with the various worldwide challenges one would expect it to be much higher. He is not optimistic when one looks at the collective balance sheets of governments with their underfunded pension plans and is acting on the assumption that the markets will get more volatile.
Published 538 days ago
Flowgroup (FLOW) has updated following a “successful re-capitalisation of the company”. Hmmm – having commenced 2017 at comfortably above 8p and been above 3p prior to a financing announcement last month, the shares have this month fallen below 1p...
Published 552 days ago
Having fallen by approaching 7% to close at 42.625p, a 5:23pm “Proposed Placing” announcement from AIM-listed DP Poland (DPP) - and announcement this morning including that the placing is at 43p per share. Any regulator out there?
Published 578 days ago
Writing previously in March on Flowgroup (FLOW), with the shares then at 5p, I concluded that there looked to remain both funding and jam-tomorrow uncertainty and to continue to avoid. Presently, the shares are approaching 40% lower on the day, at sub 2p, on the back of news that the company “is in the advanced stages of preparing a significant capital fundraising as a potential alternative to the proposed disposal of the Flow Energy business”…
Published 665 days ago
An unexpectedly bearish BlackRock CEO Larry Fink in the week joined the likes of Bill Gross, Jeffrey Gundlach and Ray Dalio who have all similarly turned downbeat in recent weeks. All have cautioned that the U.S. economy is in the midst of a slowdown and financial markets could see a significant setback, for the same reason, that the Trumpflation trade has burnt out in recent months due to uncertainty over global trade and the Trump administration's plan to cut taxes. "I see a lot of dark shadows," Fink said adding that. "The markets are probably ahead of themselves."
Published 734 days ago
Hello Share Casters. Being rather proud of my stick-like figure, I’ve entered the habit of avoiding fizzy drinks. This was hard as I have a passion for dandelion and burdock and ginger beer. It’s the government’s attitude to sugary drinks that has put me off an old favourite share of mine, Britvic (BVIC). Normally I would commend this share to your attention.
Published 770 days ago
These times are getting interesting and disjointed times. The FTSE 100 share index is now up 30% over five years, yet earnings have fallen by 80% over the same period and with U.S. unemployment at 5% and the core CPI rising 2.2% over the last year, it is difficult for the “data dependent” Fed to further rationalise emergency rates based on its official dual mandate. In addition we are living in an age when a CEO of two US public companies can give a talk about colonising Mars and shareholders don’t see it as a warning signal.
Published 944 days ago
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,
Published 1007 days ago
Rob Proctor, CEO of spoken-word audio platform, Audioboom (BOOM) states “I and the team are obviously delighted with our progress during Q1. With the appointment of commercial directors in the USA, UK and India, combined with increased activity of the Cumulus media sales team, I believe that Audioboom is now acutely focussed on the key elements of its business, allowing it to target revenue growth and long-term profitability for shareholders”. The shares though are currently down more than 10%, at 3.125p. Hmm…
Published 1017 days ago
Having fallen from heights touching 400p in 2014 to commence 2016 at sub 40p, shares in Tungsten Corp (TUNG) are now back to nearly 70p, to capitalise the company at £87.6 million. Post a recent ‘Capital Markets Day’, is this justified? …
Published 1086 days ago
In the first bearcast of the day I explain why going into 2016 I am far more bearish than I was going into 2015 ( and I was fairly bearish then) and how that shapes my investment decisions - what to avoid and what to do with existing positions and how too many investors really must be smoking something...next up the Death List update (and boy am I doing well see HERE)
Published 1189 days ago
The FTSE 100 closed up yesterday without any help from Wall Street as the US markets were closed for a holiday. When the S&P 500 is closed the FTSE struggles to find direction. So today the action should resume. Surprisingly the index is up after some disappointing economic news.
Published 1276 days ago
Greece is getting interesting again and in this podcast I explore who will be the big losers from Grexit and it won't be Greece. The fallout threatens many aspects of the Western financial markets but the bigger threat is interest rates which are going to rise sooner than you think. Warning: this podcast contains extreme bearishness
Published 1306 days ago
The travel plans of pizza hardman Darren Atwater and my own travel & family plans for the day mean this is a double bearcast day. We start with an edition looking at the various bubbles` in the world today and why I am becoming really very bearish indeed about equities.
Published 1502 days ago
Having fallen to sub 2000p before a 21st October results announcement, shares in ASOS plc (ASC) have rebounded to around the 2500p level currently. The following reviews with some management share buying having occurred at the start of this rebound.
Published 1545 days ago
Hello Share Spinners. ASOS stands for As Seen on the Screen. This was a great monicker for a company when internet shopping was just getting into swing. But it sounds a bit dated now, which is probably why the initials are used these days.
Published 1571 days ago
I would hope that most of you have had the opportunity to watch Groundhog Day one of the greatest films, in my view, of the last generation. Fortunately I am not about to go into a reverie about twenty plus year old films but talk about a couple of stock market related Groundhog Days. Bring up a chart of the FTSE-100 over the last couple of years…
Published 1591 days ago
Malcolm Stacey is a great man and one of the nicest guys in shares. But his bullishness about equity markets is wrong. And here is your 10 point checklist as to why it is right to be bearish.