magazine archive


magazine archive

Editor's View

Watch out: Chinese real estate worries are stalking the market once again

Thursday 17 Aug 2023

How worried should you be about Chinese property developer Country Garden suspending trading in some bonds and potentially defaulting on payments? To many investors the fortunes of a single real estate firm on the other side of the world might not seem that material. However, Country Garden’s woes...

Small caps are really unloved but there are three big reasons this antipathy is misplaced

Thursday 10 Aug 2023

Everyone hates small and mid-cap stocks right now. Their performance has badly lagged those of their larger counterparts in recent months. Seen as more vulnerable to the vagaries of the economy and without the scale and financial strength to withstand higher borrowing costs, investors have been...

Meme stocks are back into overdrive: it is best to avoid them

Thursday 03 Aug 2023

Should we be worried that meme stocks are back in fashion? I think so. Traditionally associated with lower-quality companies, the fact traders are chasing these types of names could be seen as being top of the market behaviour, certainly for the US where returns have been very good in 2023. Big...

Reasons why investors would pay more to own a particular stock

Thursday 27 Jul 2023

On 30 May, investment bank Berenberg published a research note on legal group DWF ( DWF ) saying it should eventually see a ‘significant re-rating’ as the company continued to deliver organic growth with improving margins. At the time, the shares traded on five times forecast earnings for the year...

Why fund managers stayed fans of a stock despite the falling share price

Thursday 20 Jul 2023

Investors are often told to pay attention to what the market is saying. If a share price is falling, the market is clearly worried about something and you should find out why. But what if the market is wrong? Having conviction in a stock declining in value takes a lot of guts and determination...

The glaring flaw in Marks & Spencer’s Share Your Voice campaign

Thursday 13 Jul 2023

Since the pandemic we have become increasingly used to interacting online. Work Teams or Zoom meetings have become a regular occurrence for office workers and video conferencing obviously served a social function when Covid restrictions were in place. Perhaps it’s not surprising then that Marks...

Renewable energy and infrastructure trusts: time for bids and mergers?

Thursday 06 Jul 2023

It has been a tough few weeks for investors in Ecofin US Renewables (RNEW) , with its share price taking a hit from unwelcome news. A tornado damaged one of its wind farms which accounts for more than a third of its net asset value. Mice eating through cables at one of its solar farms caused...

The reason why Frasers wants to own stakes in so many retailers

Thursday 29 Jun 2023

FTSE 100 retail group Frasers ( FRAS ) has its fingers in more pies than Pukka serves up at a Rotherham United football match. Over the past few weeks, it has unveiled investments in yet more listed retail companies. Before you think it has gone wild, there is method in its madness. In recent years...

Confused why unloved shares are rising in value? Could be a short squeeze

Thursday 22 Jun 2023

Ever looked at a rising share price and wondered what is driving it? We all want share prices to move higher so as to enjoy capital gains, but fundamentally it is important to understand the reasons behind the movement. Looking at the list of recent big movers, two names stand out – Ocado ( OCDO )...

Are parts of your portfolio not doing well? Here’s why that can be healthy

Thursday 15 Jun 2023

Do you ever think about ejecting the part of your portfolio that is not doing well? By cutting your losses you could reinvest the proceeds back into what is doing well and your portfolio would look healthier. That may not be the best action to take. The fact parts of your portfolio are laggards...

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