1485 days ago
I start with a swipe at the failings of the deadwood press and the behaviour of the soccer Premier League. More on the former in a podcast on my own website later this weekend – a promise for comrade Euro Loon Jonathan Price. Then a look at Debenhams whose demise I regard as a silver lining from the Covid 19 cloud. I think Zombie firms should all perrish. But the main part of this podcast looks at Executive Greed and with firms asking either investors or the taxpayers for a bailout now is an ideal time to lance this boil.
3978 days ago
It is always good to be firmly reunited with old friends. Robert Sutherland Smith and I started working together along time ago when he was only 148. I am pleased to say that he is, as of yesterday, devoting his freelance enterprises to www.shareprophets.com – thus the four key writers who made t1ps what it (once) was: myself, Steve Moore, Zak Mir and RSS are all reunited again over at www.shareprophets.com
RSS will continue to pen a monthly Pond Life column here but three times a week he will be analysing a FTSE 350 yield stock over on Shareprophets. Having started his City career in 1967 ( the year before I was born) RSS knows what he is talking about.
While some financial websites groups have recently admitted to sharply falling numbers I am delighted to say that after less than two months www.shareprophets.com already has 7,000 registered users who go there for free share data on all UK listed stocks as well as breaking news and cutting analysis from 20 writers with the men who made t1ps what it was at the heart of it.
If you have not registered you can do so for free at www.shareprophets.com
3978 days ago
Robert Sutherland Smith is again proving that he is still alive with another guest post. Robert started his City career the year before I was born and is, I think, 157 years old. Fear not. He is very much alive and kicking. He and I have worked together for almost eight years at t1ps.com . He is my friend and he is a very funny and intelligent chap. He is now branching out to celebrate his 158th by doing some freelance writing over at Shareprophets.com on FTSE 350 Income stocks. Robert is a speaker at the UKInvestor Show on April 5th 2014. He is a great one for focussing on yield. RSS today looks at United Utlities. RSS writes:
My last look at United Utilities (UU.) on a site I have now abandoned to join the winning team here at Shareprophets with all my efforts, was just over two months ago, pointing out the attractions, adding them to my shares to buy tray and suggesting it was worth looking at. Since then, the share price seems to have risen by 17% as a reminder that the modern stock exchange, despite all the digital computer technology and highly rewarded analytical anorak power, is far from being a perfect market in the economic sense of the word. The price in late March was about 671p. It is now, last seen, 789p; an almost explosive share price rise.
3979 days ago
Robert Sutherland Smith is again proving that he is still alive with another guest post. Robert started his City career the year before I was born and is, I think, 157 years old. Fear not. He is very much alive and kicking. He and I have worked together for almost eight years at t1ps.com . He is my friend and he is a very funny and intelligent chap. He is now branching out to celebrate his 158th by doing some freelance writing over at various places ( including Shareprophets.com naturally) on FTSE 350 Income stocks. Robert is a speaker at the UKInvestor Show on April 5th 2014. He is a great one for focussing on yield. RSS today looks at Greggs. RSS writes:
There is something comforting about Greggs (GRG) the Newcastle based convenience food company; as reassuring as Geordies cheerfully tucking into sausage rolls, whilst sitting astride a cask of Newcastle Brown to the sound of a brass band playing “Pick ya feet up Geordie Hinnie” – and what is wrong with than man, do I hear you ask?
The sight of a Gregg’s shop on some British High Street somewhere across the land, is as reliable a token of our national identity as – at the other end of the economic and social scale – champagne and hats on Ladies Day at Ascot. And in my book a Gregg’s sausage roll and a cuppa wins my affections every time.
So it is sad to see that Gregg’s is having a torrid time on the stock exchange
4132 days ago
Robert Sutherland Smith started his City career the year before I was born. He is, I think, 157 years old. He and I have worked together for almost eight years. at t1ps He is my friend and he is a very funny and intelligent chap. He is now branching out to celenrate his 158th by doing some freelance writing over at TradingResearchPoint on FTSE 350 Income stocks. He is a great one for focussing on yield. He is also going to do a monthly column for me on this blog on the subject that really interests him, life on Hampstead Heath. I am sure we all look forward to “Pond Life.” RSS kicks off with his take on Barclays Bank and those wicked banksters.
Because the yield is too low for a bank (in historic terms), Barclays Bank (BARC)shares are clearly viewed by the market as a ‘momentum’ stock; the elementary investment principle being, that because the shares are going up, buy some more? So good so far as it goes; but an increasingly insufficient justification as a share price rises, further discounting whatever it is the future holds. As the late, great lamented philosopher, Sam Goldwyn, taught us! ’Never make forecasts – particularly about the future!’ Had he had been alive to run the Federal Reserve Bank in the in the 1990s and not a picture studio, we might have avoided a lot of trouble.
The possibilities for banks and the banking model generally, have been given a boost with the latest results and share price performance of the Bank of America. Having been in a dreadful condition, BoA has just proved itself the best performing US bank in terms of an annual share price rise – up116% over one year
