All Stories

Tom Winnifrith’s share tips for 2015 No 3 – Sell Globo at 39p

Tom Winnifrith
Thursday 1 January 2015

My general view on equities is mildly bearish as I explained in my macro calls piece HERE. As such I will be serving up 5 longs and five shorts as my tips of the year. The first long was HERE and the first short HERE. Now for Number 3, Globo (GBO), the sort of flim flam that will suffer badly in a bear market. 

I have been bearish on Globo (GBO) since the mid-seventies and so its shares have almost halved since I weighed in. at 39p the market cap is £132 million and for 2015 I would expect the shares to halve again, or worse.

Globo throws up a series of red flags for any investor but I will leave the most serious to last. But in no particular order other than leaving the best/worst to last here goes:

on ShareProphets | Comments
About Tom Winnifrith
Bio
Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
Twitter
@TomWinnifrith
Email
[email protected]
Recently Featured on ShareProphets
Sign up for my weekly newsletter








Required Reading

Recent Comments


I also read