Friday 28 July 2017 The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares


Four Whiz Bang Shares I'm Topping Up to Benefit from my ISA Allowance

By Malcolm Stacey | Friday 17 March 2017


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Hello Share Thumpers. I’ve been spending a lot on shares in recent days. The reason is that I’ve not topped up my ISA and, as the financial year is fast disappearing towards a new horizon, I have been selling a few turkeys in my ordinary trading accounts to fund my tax-protected ISA.

You may, or may not, be interested to know which shares I’ve been buying. Well, being a cautious soul, I decided to top up in companies I’ve recently reviewed on your behalf and which I already hold.

The first is BP (BP.) This share has suffered of late due to the weakened oil price. But that low valuation should not last. And in addition, those rumours that ExxonMobile is interested have not gone away. The word on the street is that a take-over bid for BP would have to revalue the shares by a third higher. Which would be very nice.

I’ve also spent more money on IQE (IQE), the Welsh makers of bits and bobs for phones, computers and all that jive. I’ve only very recently commended this share to you, since when it’s up by another 10%, so I won’t go through it all again.

I’ve not yet bought any more Communisis (CMS) shares yet, but the cash is ready. This is a useful firm which does office work for big clients like Lloyds Bank and the government. It is on a roll at the moment after a damp patch. While one is also encouraged by the number of shares now being bought up by some of its big cheeses. When managers have increasing skin in the game, it is of course, one of the better signs of progress.

Another favourite I keep banging on about the is the builder Galliford Try (GFRD). This lot has been in the news lately with a failed bid for Bovis Homes (BVS). But it is doing very nicely alone - at least its share price is. The P/E I have is only 11.8. So I’ve bought a few more of those.

Wish me luck - as I progress to the Punter’s Return.


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