NS and I
The Spectator this weekend floats the idea of privatising NS and I. This seems a good wheeze to me. The current mess is a stark reminder as to why de facto civil servants should have nothing to do with long-established monopolies.
2 days ago1 min read
North Sea oil and gas
It seems that the last twenty-four hours has seen a change of mind in Miliband's head. I reckon that there has been such a chorus of contempt for his attitude that Starmer realises that his government is now tarnished. One never knows with these people since common sense is just a pretence with them. Anyway, Jersey Oil and Gas is now a very strong buy. I expect Deltic (DELT) is as well. But, right now, JOG is the business.
4 days ago1 min read
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.
5 days 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.
7 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.
Mar 301 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.
Mar 271 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
