Zenith (ZEN) is nowhere near its zenith
I did not realise that today's RNS of a strengthened litigation team for ZEN's arbitration action against the Tunisian government includes a former Belgian prime minister. The shares re up 1.5p at 9.5p offer. That is about NAV even if the arbitration action fails. And the price will go vastly higher if ZEN wins. Still a buy.
1 day ago1 min read
Intuitive Investments (IIG)
I paid 194p this morning since the original target price was £10 and a bid has now been received which, theoretically, is worth 250p. It is now 189p offer.
1 day ago1 min read
Seeing through Thruvision
THRU today announces that they are making money. Climb aboard at 0.9p. You may have to pay 1.1p.
3 days ago1 min read
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.
6 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.
Apr 31 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.
Apr 21 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.
Mar 311 min read
