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A Chirpy Trio which Have Taken One Step Back But Could Now Rally Two Steps Forward

By Malcolm Stacey | Friday 8 June 2018


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 Twirlers. There are times, gang, when some of my favourite shares are in a quiet period. Or they’ve taken a small, and in my humble view, unjustified, knock. When this happens, it could be a jolly idea to bring them to your attention - so here are three of these stocks.

My first is Prairie Mining (PDZ). This lot took a rapid battering when a bit of news broke that the Polish government was not going to make it so easy for the company to extract coking coal in its country. This fear has though depleted, the stock is recovering on the Polish stock market somewhat and the shares are rising in Britain, too. I’m at par at the mo, but expect to see my short-lived earlier profit reconstituted and then improved upon.

My second choice is the old Scottish bank RBS (RBS). This took a turn for the worst when the government said on June 4 that it was selling a 7.7% stake to institutional investors. Big selling can be expected to bring down a share price, but we shareholders now have the benefit of having less government interference in the company.

And number three pick is Zoo Digital (ZOO), the Sheffield firm which does sub-titles and dubbing for all the big film and television companies, including BBC, Disney, Sony, Netflix, Warner Brothers et al. The shares have not fallen away much as its highest point was 110p and now it’s still around 105p.

But with the boom in tv channels not just in this country but around the world, films which need subtitling or re-doing in different languages can rise. So unless Zoo cocks up the financial side of things - which some previous showbiz firms have done - then this should soon surpass its previous high and go on to greater heights.

So there we are, gang. Three shares without any immediate news attached to them. But which will hopefully overcome some recent knocks to shine forth again.

Rather like drinkers in the Punter’s Return.


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