Monthly Archives: November 2012
  • 30/11/2012

    Busy on a Friday

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    29/11/2012

    Question Time State Control vs Slebby victory special

    If you can't guess question one tonight, you haven't been paying attention for 3 years. Which you probably haven't as its a real bubble story.  David Dimbleby presents Question Time from Swansea on the day Lord Justice Leveson's report on press standards is published. On the panel are singer and phone hacking campaigner Charlotte ' my friends would never sell a story about me' Church, former News of the World executive editor Neil ' few rotten apples''Wallis, columnist Simon, I'm so like Jon Snow it hurts'


    29/11/2012

    Can Invensys revive AIM?

    Invensys PLC (ISYS.L)The Execs at Invensys deserve their champagne today after the deal announced to sell their Rail Unit to Siemens for a price not unadjacent to the share price for the whole business. Now analysts are speculating that there may even be a counter-bid. For years the management have said the company is under-priced, but the Markets of late have been uninterested in long-term value stories. They saw a pension deficit and a boring company. Plus the markets have been moved by macro events

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    28/11/2012

    Chukka gets the Big Crunch?

    Now some more frequent readers will be slightly aware of high level of disregard I hold for the labour Business shadow, Chuka Umunna. From is pathetic interviews, populist idiocies and frankly hide-behind-the-sofa dreadfulness whenever he appears on the Gogglebox he comes high up the list of "first against the wall when the revolution comes" ( I loved this phrase, how come lefties gave it up?). However today in the Telegraph he has said something, unbelievably, that makes sense. That the leverage ratios that are potentially used in an acquisition of a company should trigger further investigation by regulators. Where have

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    27/11/2012

    The UKIP Blip

    I hope it will be more than a blip, of course. Not because I am a member, or vote for them (except, of course, in European elections), but because I believe that the only way the Conservatives will ever win a proper mandate (ie a majority in parliament and a manifesto which talks turkey) is to embrace the UKIP vote. And if the UKIP vote stabilises around 10-12%, they will have to get wise and do a deal.32 million votes were cast in 1992, over 14m of them for the Tories. 26 million were cast

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    27/11/2012

    The Mighty, Fallen: Tales of Two Leaky Banks

    1.  Leaking Information So then, Robert Peston.  Live by the leak, die by the leak, eh ?  His epic fail on calling the new Bank Governor is surely the final nail in the coffin of his reputation.  All those reporting scoops in the heady days of '07/08 - but not proper scoops, just his being used as a privileged conduit


    26/11/2012

    25% VAT?

    OK, Daily Mail scare story is certainly is - however this is also the considered response from the Institute of Fiscal Studies as to what to do about the growing hole in the UK's already holed budget. Rather worryingly they seem to think tax rises are the answer. Already the UK has some of the highest personal taxes in the whole OECD and now, with a nasty budget deficit, the idea is to raise more in taxes. The far and away more obvious

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    24/11/2012

    The Face of Evil

    Joyce Thacker, Rotherham Borough Council: ''We had to seriously think about the long-term needs of the children''This imbecilic woman, and her poisonous left wing views, is symptomatic of much that is wrong with Britain today.She should be sacked without compensation and imprisoned for abuse of office, the

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    24/11/2012

    North sea oily Bridge Energy recent new issue – worth a look now its 30% cheaper?

    One golden rule on AIM, in fact the markets in general in my opinion, certainly coming hard on the heels of the Facebook, Zygna, Groupon et al debacles, is never to buy a new issue. As this has become a rule of thumb for many, traders and investors have stopped looking at new issues altogether. This leads to a self-reinforcing downward spiral in which there is a dearth of new issues. Those few issues that do get away result in small trading volumes in the after market and it is only after the inevitable fall in the share price that

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    23/11/2012

    What a crock

    A tax rise on ceramic goods will add 17.5% -58% to the dockside import costs of goods from China. The move that has been widely condemned as anti free trade by EU member states but the tax has ALREADY come into pace, and it did so at 24 hours notice. As some one who imports, sells and distributes Chinese ceramic and cookware goods I can only remark *****!! I mean, what the ****! As the British Retail Consortium says  These new duties will feed through to higher prices in stores.