magazine archive

magazine archive

Editor's View

20 years of helping investors make money

Thursday 19 Sep 2019

Happy 20th birthday to Shares . In the two decades since we first hit the newsstands on 23 September 1999, the investment magazine has gone from strength to strength in helping the public to improve their investing skills and get bigger returns. Our goal is to educate readers so they can make...

Alarming statistics show severity of profit warnings

Thursday 12 Sep 2019

Profit warnings are one of investors’ worst nightmares and it seems we should be paying close attention to what’s going on, rather than clinging on in hope of a recovery. These warnings occur when a company admits it will no longer meet previous earnings expectations. They tend to result in a large...

Is it too soon to have a vegan ETF?

Thursday 05 Sep 2019

Anyone interested in thematic investing will be watching the nation’s change in food habits to see if veganism is a fad or a sustainable long-term shift in public eating choices. We won’t know for a couple of years whether the current excitement has simply been fueled by the food industry’s...

Are the good times over for markets this year?

Thursday 29 Aug 2019

Just how bad are the markets at the moment? While there are many negative headlines around weak economic growth, recession fears and volatile stock markets, equity performance figures have been far from disastrous. The FTSE All-Share is up 7.1% so far this year – in line with historical annual...

What could put markets in a sunnier mood?

Thursday 22 Aug 2019

The prospect of financial stimulus in Germany and China has lifted the market mood a touch but there is still plenty of doom and gloom around about the prospects for equities. This is not unwarranted given the long list of risk factors being weighed at present. However, an interesting way to look...

When corporate debt becomes a problem

Thursday 15 Aug 2019

The latest edition of the Link UK Debt Monitor shows corporate debt in the UK is at its highest level on record having expanded for an eighth consecutive year. To quote the report: ‘Net debt has now risen by three quarters since the low point reached in 2010/11, when companies were still adjusting...

How much does management matter?

Thursday 08 Aug 2019

On 5 August HSBC ( HSBA ) chief executive John Flint became the 14th of his number in the FTSE 100 so far in 2019 to announce a departure, either immediately or at some point in the future. In some cases these exits are being driven by the executive involved, perhaps for personal reasons or because...

Takeovers aren’t always welcome

Thursday 01 Aug 2019

Takeovers and mergers are dominating the headlines as companies make acquisitions to accelerate growth, foreign companies take advantage of a weak pound to buy UK businesses, and private equity firms put some of their spare cash to use. While this M&A frenzy has recently triggered some hefty...

Is appetite waning for property bonds?

Thursday 25 Jul 2019

Property bonds can offer a high yield and tend to be secured against physical property assets, yet sentiment is weak towards most parts of the real estate market in the UK. The money put up by investors for property bonds is used to build properties with investors either getting their return when...

Thomas Cook investors in a spin as they brace for debt-for-equity pain

Thursday 18 Jul 2019

Debt-for-equity swaps are rarely good news for shareholders despite potentially keeping the lights on in a business. That matters for anyone owning stock in holiday seller Thomas Cook ( TCG ) as they are now facing this situation and therefore need to understand what debt-for-equity really means...