OmniChart

PNL pharmaspecialist 01 Dec 2015

Thinking the unthinkable I always enjoy Robin Angus's commentary on the quarterly report of PAT and long may it continue. One good point from the November commentary is the importance of "thinking the unthinkable". If I could act as devil's advocate, I would suggest that this maxim has not been applied to PAT's portfolio which is meant to provide investors with capital preservation as a principal aim. If you believe in thinking the unthinkable I would argue that holding almost half the portfolio in cash, UK gilts and US TIPS is a risky approach because in the event of a systemic collapse in the financial system (as almost occurred in 2008 with the Lehman Bros debacle) cash, gilts and TIPS may well become almost worthless since they are not backed by physical assets, rather they are pieces of paper which rely on confidence being maintained in monetary systems. In the event of a systemic collapse in the global financial system I could see governments creating new currencies which are asset-backed in order to restore confidence. You can bet your bottom dollar that the obsolete old currencies would lose alot of their value, as would the instruments, such as gilts and TIPS, denominated in them. Of course equity valuations would also be hit very hard but the key point is that global companies producing consumer goods have assets in the form of factories, distribution systems, brands and know-how which I believe would be much more reliable stores of value than paper IOUs in the event of a catastrophic global financial meltdown . Of course you can argue that my scenario of a global collapse in financial systems is so unlikely as to be unthinkable................ I would be interested to hear the counter arguments.

UTW lambrini girl 01 Dec 2015

Re: Opportunity... agree..worth a punt.weak buy..

PIC xgxg 01 Dec 2015

Should be.... Pace SP should be approaching £4.32 rounding Arris SP off to $31Good surge required in last couple of hours trading

CRST oldjoe1 01 Dec 2015

Re: CRST, Broker BUY note. <b>Crest Nicholson Holdings PLC (CRST) Given “Buy” Rating at Peel HuntNovember 30th, 2015 • 0 comments • Filed Under • by ABMN Staff</b>Crest Nicholson Holdings PLC logoCrest Nicholson Holdings PLC (LON:CRST)‘s stock had its “buy” rating reiterated by Peel Hunt in a report released on Monday, MarketBeat.com reports. They currently have a GBX 675 ($10.21) price objective on the stock. Peel Hunt’s price target would indicate a potential upside of 28.61% from the stock’s current price.Several other research analysts also recently commented on CRST. Deutsche Bank reaffirmed a “hold” rating on shares of Crest Nicholson Holdings PLC in a research report on Friday, August 21st. Barclays reissued an “overweight” rating on shares of Crest Nicholson Holdings PLC in a research report on Wednesday, September 2nd. Goldman Sachs upgraded Crest Nicholson Holdings PLC to a “conviction-buy” rating and raised their target price for the stock from GBX 590 ($8.92) to GBX 790 ($11.95) in a research note on Wednesday, September 9th. Finally, JPMorgan Chase & Co. upgraded Crest Nicholson Holdings PLC to an “overweight” rating and lifted their price objective for the company from GBX 600 ($9.08) to GBX 650 ($9.83) in a research note on Monday, November 2nd. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Crest Nicholson Holdings PLC has an average rating of “Buy” and an average target price of GBX 640.87 ($9.69). Crest Nicholson Holdings PLC (LON:CRST) traded up 3.4682% on Monday, hitting GBX 537.0000. The stock had a trading volume of 463,780 shares. Crest Nicholson Holdings PLC has a 52-week low of GBX 342.00 and a 52-week high of GBX 598.50. The company has a 50-day moving average price of GBX 524.28 and a 200 day moving average price of GBX 542.28.Crest Nicholson Holdings Plc, formerly Crest Nicholson Holdings Limited, is engaged in the design and delivery of sustainable housing and mixed-use communities. The Company’s product range includes houses, apartments and commercial units on mixed-use developments. Its regional house building divisions consist of Eastern, South, South West and London. The Company focuses in the southern half of England with an emphasis on creating designed homes in sustainable communities. As of October 31, 2012, the Company had delivered 1,882 homes

ZOX Cadenza 01 Dec 2015

who is picking up the stock coming out I wonder Who is picking up all the Hoegh shares plus the other blocks coming out? Cant be left in the hands of market makers so someone is taking a punt that ZOX can be raised from the dead and restructured. A distressed debt fund, IFC? On that basis I have just added @ .0085, I must be deluded, but little downside for a small outlay!

TRAK kevlarr bandini 01 Dec 2015

Re: tooksome profit today £22 profit doesn't sound much! are you sure?

JQW hubster 01 Dec 2015

Re: Website Activity jqwmall was touted by JQW at flotation as a move to target Western markets, and I was initially hopeful. However, their market penetration has been very poor, and they're currently ranked as 8,697,802 on Alexa.

MIRA psmith64 01 Dec 2015

Re: 4.25p There you go the good omen of JC Strikes again.Back up just over 15% as I write.Come back JC

GLR the old trout 01 Dec 2015

New presentation on website [link] delivered at the weened conference in London. Did anybody go?There have been some decent buys here today.T

FCRM II Editor 01 Dec 2015

NEW ARTICLE: Fulcrum wants to double again "LSE:FCRM:Fulcrum's share price has tripled this year, and its "best ever" first half has triggered another round of excited buying. The utility company, which provided the gas that lit the Olympic flame, has a loyal customer in LSE:BG.:British ..."[link]

NUM turkey10 01 Dec 2015

Numis Final Results Numis final results due tomorrow. Share price rising ahead of results, so hopefully should be good with a rise in the dividend.

CNEL jaja 01 Dec 2015

buyer going back to WRES..

JQW woodee 01 Dec 2015

Re: Website Activity Yes, always get it wrong, you are right, it is the same company. Adding mall, to the name gives it more meaning and it all seems to be looking very good. We could be in for a pleasant surprise.

RUR scotguyinsuffolk 01 Dec 2015

Demand for shares Strange situation .... iii offer to buy 200,000 at 0.70 but can't fulfill the reverse ...shortage of shares ?

ISG Courtier1 01 Dec 2015

Re: Results Very poor form given the last trading statement set of comments.....does make you consider management visibility. Not impressed!!!though I think I am right in saying there is 106p of net cash in the business and even with the £5m loss in construction expected EPS of 20p and an implied dividend of 7.6p (5.5%) so price here looks a bit odd (presumably sentiment rather than value driven).I might be tempted to take the contrarian view and buy some........well, maybe......