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.
13 hours 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.
3 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.
4 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.
6 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.
7 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.
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
