The good news this week was that RSA Insurance may be taken over by Zurich. That sent the price up to 518, but it has dropped back to 516. (more…)
Solo Oil suspended
Solo Oil provided us with a bit of excitement this week when their shares were suspended on the London Stock Exchange pending an announcement. I think some private investors were checking out Ferraris on Auto Trader! (more…)
The FTSE 100 reached a new high again this week and is slowly moving towards 7000. With many shares doing well, is it a time to sell? Most investors look to buy low and sell high and some prices seem high now. (more…)
Last August Mark Carney governor of the Bank of England issued his ‘forward guidance’ on interest rates. He told the market that he intended to keep the Bank rate at its current historically low 0.5%, at least until the unemployment rate fell to 7% or below. Can we rely on that? (more…)
Different people view investments differently, some think long term and some think short term. Greed drives some people to invest and the need for financial security drives others. As a small investor I keep an open mind, but favour companies that are basically good companies, but going through a difficult time. (more…)
The excitement over the discovery of oil and gas soon died down when they realised there wasn’t quite as much as they thought. It sent Solo Oil’s price up over a penny and for a while we danced in the streets and celebrated. (more…)
Shares in Britain’s house builders are falling today after George Osborne said that he would now give the Bank of England stronger powers to curb mortgage lending. The Bank’s Governor Mark Carney also noted that interest rates could rise sooner than expected. More ‘forward guidance’, so anything can happen. (more…)
I usually do an investment post when I make a new investment on the stock market. On my watch-list for some time has been the troubled insurance group, Royal Sun Alliance. I had a discount on dealing fees on Wednesday, so I decided to buy. (more…)
A lot of shares seem cheap now as we appear to be coming out of a recession. Taylor Wimpey shares have been rising steadily since 2008, but are still a fraction of what they were in 2007. They could return to the highs of over £4.00 a share as the economy recovers. I think there is a housing shortage and they are in a good position to do the building, if the government gets it’s act together.
My first investment blog post was nearly 2 years ago now. I wrote that after buying shares in Premier foods for 4p each. The company was heavily in debt, but the shares went to 18p before a 1 for 10 share swap. They are still at 129.59 at the time of writing. That’s a return of over 220% so far!