Time to buy North Sea oil and gas prospects
I reckon that Reeves's comments yesterday mean that Ed Miliband will have to climb down from his lunatic pose. This makes Jersey Oil and Gas (JOG) a buy at up to 150p and, astonishingly, Deltic (DELT) at 4p.
17 hours ago1 min read
Close Brothers (CBG) is a buy
It is many years since Fraser Perring of Viceroy Research came to supper at our flat. He is undoubtedly a clever and imaginative fellow and therefore it is unlikely that he has got matters at CBG entirely wrong. But I suspect that common sense will prevail and that therefore 400p is a solid buying point.
3 days ago1 min read
Hotel muddles
in 1961 I and two pals checked into the Rembrandt Hotel and went on to a dance in Westminster. We returned to what I declared to be the Rubens hotel and picked up a key at reception. There was an explosion of rage from within when the three of us trooped in at 2.00 a.m.. Art had just got to my head.
4 days ago1 min read
Checkit worth much more than 20p
Checkit (CKT) yesterday announced that they have received a number of approaches for the entire company. I suspect that the take out price will be 30p or more.
7 days ago1 min read
Gold price, now $4,380.
My reckoning is that Trump's tariff barriers imposed on imports are to react to the overvaluation of the USD. As far as I understand matters nothing that has developed over the last twenty four hours affects that assessment. This means that gold is still cheap at $4,380.
Mar 241 min read
Mar 231 min read
Hargreaves Lansdown's fee grab
Hargreaves Lansdown are imposing an appreciable all round fee rise. I am not entirely surprised since many savers open accounts at HL without taking into account long term considerations. I think that investors should enter into long term contracts since 0.25% p.a. of the portfolio value does not seem a lot but it certainly adds up over the years where the only cost to HL is the rolling audit programmer to meet HL's custodianship obligations. The only other firm that comes ac
Mar 221 min read
