• Investing

    MIDAS SHARE TIPS: The shops that ring up shareholder returns with Ediston Property Investment Company

    Online shopping is expected to account for 18 per cent of retail spending in Britain this year. That is a sizeable proportion, but it still means that more than 80 per cent of purchases are made in physical outlets.Looking ahead, experts believe that even if online sales continue to grow, the vast majority of shopping will continue to be done in bricks-and-mortar stores.The way consumers shop is changing however, making location more important than ever. Ediston Property Investment Company prides itself on owning the right sites in the right places and managing them in such a way as to deliver a ...

    9029
  • Investing

    Is the £59bn Brits have tied up in Europe safe? Political woes rock economies of Italy and Spain

    The Italians may have finally got a government, but experts are warning investors to brace for fresh volatility in European stock markets.The Italian stock market rose 1.5 per cent yesterday after the anti-establishment Five Star Movement and League parties agreed to form an administration.Bonds also rallied, sending yields sharply lower, as investors breathed a sigh of relief that the country is not heading for a new election – at least not yet. But with Mariano Rajoy becoming the first prime minister in Spain’s democratic history to be ousted by parliament after a vote of no confidence, Europe’s problems are far from ...

    9029
  • Investing

    SHARE PUNT OF THE WEEK: AIM-listed gold miner Avesoro Resources has deposits in Liberia and Cameroon

    WHO IS IT? Avesoro Resources is an AIM-listed gold miner with deposits in the African nations Liberia and Cameroon.Formerly known as Aureus Mining, it changed its name in 2016 following a string of operational and financial problems.WHAT’S THE LATEST? Avesoro has just reported record production at its New Liberty mine in Liberia in the first quarter, while its site in Burkina Faso has also beaten production estimates.First-quarter output of 68,088 ounces of gold means the company is on course to meet its full-year target of 220,000 to 240,000 ounces of the precious metal. WHO BACKS IT? Names most familiar to ...

    9029
  • Investing

    SMALL CAP MOVERS: Change is on the cards for Clontarf Energy as it battles tough conditions in the market

    The bear market for junior oilers seems to have got to the normally ebullient John Teeling – so much so he is mulling a change of strategy for Clontarf Energy, the company he chairs.'The shares of listed oil exploration companies are generally friendless,' he said in a preface to Clontarf's prelims.'Their share prices have almost all fallen and remain in, many cases, more than 90% below their peak. It is virtually impossible to raise serious money. Strategy shifts: The bear market for junior oilers seems to have got to the normally ebullient John Teeling – so much so he is mulling ...

    9029
  • Investing

    Bitcoin ranked 13th by Chinese government in report that rates ETHEREUM as the leading cryptocurrency

    The Chinese government has produced the first ratings table ranking cryptocurrencies, despite also being the first government in the world to ban its people from trading in them.A government research unit, called the China Center for Information Industry Development, has ranked 28 cryptocurrencies and the blockchains behind them.In a blow for bitcoin enthusiasts, it was ethereum that took the Chinese government's research group's top spot, based on the technology involved, application, and technological innovation. At the top: In a blow for bitcoin enthusiasts, it was ethereum that took the Chinese government's research group's top spotEthereum is currently trading up 1.51 per cent ...

    9029
  • Investing

    SMALL CAP SHARE IDEAS: Harry Potter publisher Bloomsbury still doing magic as it goes digital

    Bloomsbury Publishing is so closely associated with Harry Potter, it’s hard sometimes to look beyond the boy wizard.A recent bullish trading update though showed that some of the seeds planted using the cash from the Potter phenomenon are starting to bear fruit.Moves into higher-margin professional and academic publishing, where the focus is business-to-business digital publishing, and a partnership with Spotify have been recent highlights. Turning point: That first Harry Potter book and the subsequent six instalments went on to sell the best part of half a billion copiesSpotify is to make Bloomsbury’s series of music business-focused books - 331/3 -available on ...

    9029
  • Investing

    JPMorgan American: Staying on track, the £1bn trust built on the rail roads of America

    Though it is not the oldest investment trust – an honour bestowed upon 150-year-old Foreign & Colonial – JPMorgan American has been making money for shareholders since 1881. Yet it has only done so through being willing to adapt and change with the times.Some 137 years ago, the trust was launched with a mission to raise finance to build rail roads across the US. Known then as the Alabama, New Orleans, Texas and Pacific Junction Railways Company, it became The Sterling Trust at the end of the First World War with a remit to invest outside of the States. It was in ...

    9029
  • Investing

    The hedge fund guru behind Elliot Advisors, one of the world’s most tenacious activist investors

    Paul Singer and his son Gordon are not household names but mere mention of them is enough to send shockwaves through boardrooms.Their £25 billion hedge fund Elliott Advisors is one of the world’s most tenacious activist investors.It targets bumbling boards and undervalued firms and is cutting a swathe through British companies, where it has built up stakes worth £2 billion this year alone – on top of billions invested in UK firms it had previously targeted. Paul Singer and his son Gordon are not household names but mere mention of them is enough to send shockwaves through boardroomsIn the past ...

    9029
  • Investing

    MIDAS SHARE TIPS UPDATE: Investors are beaming as Satellite Solutions Worldwide's shares double in price

    For most of us, speedy access to the internet is a given. We happily stream films, send and receive videos, phone relatives via Skype and make super-fast online purchases.But 1.4 million households in the UK suffer from broadband speeds of less than ten megabits per second, including 250,000 homes on less than 2Mbps.The pattern is repeated across Europe, where 20 million homes are on speeds of less than 2Mbps, making even routine online browsing difficult. Flying high: Andrew Walwyn's firm helps with slow internet accessSatellite Solutions Worldwide (SSW) aims to fix the issue, providing high-speed internet access for remote, rural communities ...

    9029
  • Investing

    MIDAS SHARE TIPS: Wake up and smell the opportunity with Brazil-based Harvest Minerals

    Brazil is one of the world’s largest exporters of agricultural products, especially coffee, sugar and soybeans. Over the next five years, almost half of all new agricultural land is expected to be in Brazil, making it one of the fastest-growing farming economies on the planet.Most of Brazil’s crops need extra nourishment to flourish. But today, about two thirds of the country’s fertiliser is imported, which is expensive and, at times, unwieldy. The government is keen to change this, with a stated aim of being self-sufficient in fertilisers by 2020. Over the next five years, almost half of all new agricultural land is ...

    9029
  • Investing

    SUNDAY NEWSPAPER SHARE TIPS: Arix, Grainger, WH Smith and Scottish Mortgage investment trust

    Every weekend, This is Money rounds up the Sunday newspaper share tips. This week, Joanne Hart and her Midas column takes a look at biotech investment firm Arix and updates on property firm Grainger.Meanwhile, the Sunday Telegraph looks at Scottish Mortgage investment trust and the Sunday Times runs the rule over high street retailer WH Smith. WH Smith: The Sunday Telegraph takes a look at the high street retailerFINANCIAL MAIL ON SUNDAY The world of drugs is changing fast. Once, big, international pharmaceutical companies were responsible for virtually every new product that came to market.Today however, around two-thirds of all drugs approved ...

    9029
  • Investing

    SHARE PUNT OF THE WEEK: Strix - the world's leading manufacturer of kettle safety controls

    WHAT IS IT? Strix is the world’s leading manufacturer of kettle safety controls. These controls shut the kettle off once the water has boiled, the water level is too low or when the kettle is lifted from its base.The company also has a line of water filtration products, called Aqua Optima, as well as a Turbo Toaster that toasts bread in under 60 seconds. The Isle of Man-based firm, which employs more than 800 staff, claims to have a 38 per cent share of the globalkettle control market and has sold more than 2bn units. WHAT’S THE LATEST? The business reported a 2.9 pert cent ...

    9029
  • Investing

    Why British stocks are cheap and why you should snap them up today: World-class firms look good value and profits are soaring

    British companies have been among the least popular with investors ever since we voted to leave the European Union.Since then, savers have pulled more than £6.6billion from funds investing in British firms and instead put it in places perceived as safer havens.And over the past two years, funds investing in UK companies have been among the worst sellers almost every month, according to data from trade body the Investment Association.  Picking up: British companies have been among the least popular with investors ever since we voted to leave the European UnionThat has left the UK with a stock market filled with ...

    9029
  • Investing

    Five AIM 50 shares worth considering while they're going cheap: From an engineer, to data and student flats

    Junior stock market AIM as a whole has come off its high for the year - and the same is true of the FTSE AIM UK 50 index of the largest UK-based companies, which is around 5 per cent below its high.Yet, many of the companies, such as Fevertree Drinks and ASOS, are still trading on high multiples. There are constituents, though, which are growing and throwing off cash but are on much lower multiples.Here, Andrew Hore, of Interactive Investor, looks at five AIM 50 companies worth considering for your investment portfolio whilst they are going cheap. Growing: MP Evans has ...

    9029
  • Investing

    Neil Woodford gets Capita boost - but then star fund manager's investment trust falls 10% as US biotech firm hits the rocks

    The good news or the bad news? Neil Woodford at his offices.Star fund manager Neil Woodford barely had time to enjoy a bit of good news on one of his holdings, Capita, today before it was spoiled by bad news on another - a US biotech firm that has hit the rocks.Woodford holds Capita in his Equity income fund and would have enjoyed seeing its share price jump 13 per cent today, as investors backed a discounted cash call.In January, Woodford took a reported £40million hit when the outsourcing firm suspended its dividend.But it was not long before he suffered ...

    9029

Celebrity News