Investment News

Can Merlin bounce back from 20% slump?

Another day, another profits warning on the FTSE 100 (UKX). It’s the third trading day running there’s been a 20% plunge within the UK’s blue-chip index, following yesterday’s travails at medical product supplier ConvaTec (CTEC). Today, it’s the turn of Merlin Entertainments (MERL). The theme park operator saw shares plunge to a three-year low 370p Tuesday, after it said […]

An AIM miner with significant upside

Anglo Asian Mining (LSE:AAZ) We commented recently about the possibility of some frothy times ahead for some AIM shares, given the usually unforgiving marketplace has apparently entered a further growth cycle. In fact, we almost believe the usually invisible Santa Rally may already be under way. Anglo Asian Mining (AAZ) appears poised to take advantage of […]

Bargain hunter: Widest discount in years on popular income trust

In the current climate, with stockmarkets continuing to hold their form, income seekers are facing a greater challenge to source income at a sensible price. Eight years into the bull market, investment trust bargains have become harder to find, with the average discount across the sector hitting an all-time low on 16 August, slipping to […]

Stockwatch: A “speculative buy” yielding 8%-plus

Can Elegant Hotels (EHG)’ valuation criteria coincide with a fundamentally sound business? At 87p, the Barbados-based luxury hotel owner/operator trades on a whopping 50% discount to intrinsic net asset value, a prospective yield over 8% and a 12-month forward price/earnings (PE) multiple of about 8.5 times – if the 2018 forecast is fair. The AIM-listed stock […]

AEW UK REIT: An industry leading 8% dividend yield

An eight-year bull run has made them more expensive, but equities remain the most popular liquid asset for retail investors. Yields have been eroded, too, as savers seek a more generous home for their money, so companies promising an 8% return are few and far between. Imagine our surprise, then, when we caught up with […]

Two stocks crash 20%: Time to buy?

The FTSE 100 (UKX) made a record closing high last week, but investors have been given a stark reminder in the past two trading days that things can still go wrong. First, blue-chip aerospace engineer GKN (GKN) warned on profits Friday. Now, ugly statements from two more UK firms have triggred a rush for the exit. Medical […]

Chart of the week: A second bite of the cherry

Randgold back in rally phase This share has been one of my star trading vehicles and I last covered it on 10 July when the gold price was falling into major support, as were Randgold (RRS) shares. In that article, I outlined how to use my Break Even Rule to make a profit even when the […]

Data watch: Inflation and wages

The week that was… US The Jolts Job Openings report last Wednesday showed jobs openings fell in the US in August to 6.082 million, missing Bloomberg’s forecast of 6.125 million new positions. The July read was 6.14 million. Healthcare and durable goods manufacturing led gains, with services, education and nondurable goods manufacturing suffering most. Thursday […]