Centrica I would like to buy at 300, they should do well outside UK and ok enough here to make 5% yield no problem and I expect growth.
Unpopular and I think I like them more for good income then BG BP or RDSB
I've said it a dozen times, and I will say it again: GVC is worth a look - I've been in/ talking about it since it was at 70-ish p. Now hovering near 400p, and I think has the biggest dividend on the LSE. Also it is going to prosper massively from the World Cup in Brazil. Plenty of upside still in my opinion - hugely undervalued still. Latest RNS indicated that they are 'at the upper end' of all analyst's forecasts, and it is being tipped all over the place at the moment. In my opinion, fair value is £6- £7 based on current earnings and yield. Luckily I bought over 9,000 at low, low prices
DYOR, none of this is intended as financial advice, etc...
Anyone see Nestor Inc (NEST) a penny share AIM company surge to over 2000% becuase people confused it with Nest Labs....the 3.2bn acquisition by Google.
How can people be so stupid?
Fidelity: we will have none of Hargreaves' hidden charges
Fidelity will unveil its direct to consumer platform charges next Wednesday but implement them before Hargreaves Lansdown, which announced its repricing today, according to Mark Till, head of personal investing at Fidelity.
Till accused Hargreaves Lansdown of attempting to mislead customers with its headline 0.45% annual account fee for balances up to £250,000, which accompanies a range of heavily discounted annual management charges on funds.
Shares in Hargreaves Lansdown have slumped 5% today as the City has taken fright at the revenue hit the FTSE 100 company is taking.
But Till (pictured) said the £8 million impact on revenues in the first year was relatively minor and showed that Hargreaves' margin had only fallen from 66 basis points to 62.
He said 73 lines of additional charges that the Bristol-based firm had introduced were a way of clawing back money from customers. For example, customers that do not have cash in the account to pay the charges will have stock sold by Hargreaves at £1.50 a trade. Paper-based customers are also penalised with extra fees.
'The additional charges that Hargreaves has brought in are expensive and equate to the 17 basis point difference,' said Till.
He promised Fidelity would undercut Hargreaves with a more transparent offering. 'We will be a lower cost provider and we will not hit people with lots of hidden charges,’ he said.
Next, a 16-week update from Primark, Allinson and Kingsmill owner, ABF Foods. Group revenue for the first 16 weeks was in line with last year. Sugar revenues were 27% below last year at constant currency while grocery revenues at actual rates was 1% below.
Twinings Ovaltine performed well with strong growth for tea in the US and the UK says ABF. Predictably, strong sales from high street retailer Primark: 12% ahead at constant currency and, with the benefit of a stronger euro, 14% ahead of the same period last year.
FTSE keeps on going up, making me think it getting over heated. Maybe time to sell a few.
Seems like Aldi and friends, rise of the grande cheapo shop. Was a better bet then Tesco and I thought they had that market covered tooPredictably, strong sales from high street retailer Primark: 12% ahead at constant currency and, with the benefit of a stronger euro, 14% ahead of the same period last year
Thats the thing, theres no fixed price. Depends on earnings.
ISF and EWU say 9 or 12 PE
Not sure whats accurate but long term it probably isnt gigantically overvalued though Im inclined to agree with you.
Nov before last we hit a bottom, I did cancel a few shorts and we rose, great. Till February that was par for the course then we were due to fall again but for over a year we have not really lost value greatly. It does seem we are due
Im holding FTSE and Im selling big shares if or when I can. I figure its safer because FTSE in theory has all sorts in there, it has even big gold miners.
Nobody likes them or thinks they'll do well, so mixed in with this 'overheat' proposition we have some stone dead cold stocks.
Rumours about Government clamping down on gambling though. Any legislation will surely negatively affect the share price?
Thrown a spread bet on ABF. Risky because of the high share price for spread betting but they fell 100 points (3.8%) this morning which was simply the old 'sell on news'. They're in-line with last year and Primark is performing well. Some brokers have set a target of 2700 which I think is realistic given the group's potential.