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Today’s PZ Cussons share price slide of 17% can be explained with (almost) one chart
Since about 2015, the number of Nigerian Naira one British Pound will buy has been steadily climbing. That means the Naira is devaluing or weakening relative to the Pound. Around the end of May 2023 the Naira really started to collapse in value. From then until now the number of Naira one Pound will buyMore Read more
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Petrofac is the UK’s most shorted stock with an 11% net short position against it
It’s probably not a good sign if a stock is shorted. Find out which UK stocks are the most heavily shorted as of Friday, 2 February, 2023More Read more
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I would not be better off playing the National Lottery compared to investing in the UK stock market
Millions play the UK’s National Lottery. Few win. In fact for every pound spent on the lottery its reckoned players get about 50p back. Since players lose money on every ticket on average, playing the lottery is not a rational use of hard earned cash. Nor is gambling. But, are those hours spent dreaming ofMore Read more
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At 42p the Lloyds share price is still not cheap enough for me
Lloyds Banking Group (LSE: LLOY) stock has history, and not all of it is good. The company can trace its roots back to 1765. It ended up listed on the London Stock Exchange in a roundabout way. TSB, another bank listed in 1986, and in 1995 merged with Lloyds. A series of mergers and acquisitionsMore Read more
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Here is why I would buy Scottish Mortgage shares and why I would avoid them
Given that I still own shares in Scottish Mortgage (LSE: SMT) I have already decided that any reasons can find to avoid the stock are outweighed by the points in favour of holding stock in this high-tech and growth focused investment trust in my portfolio. The thing I keep coming back to with this stockMore Read more
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Last week it was Marks and Spencer stock, now it’s the Card Factory share price that’s down after a positive trading update
Last week I wrote about the price action of the stocks in two companies after they issued trading updates. The stocks were Marks and Spencer (LSE: MKS) and Burberry (LSE: BURB). The price moves somewhat confused me. Today Card Factory (LSE: CARD) has issued a trading statement, and again the price action after it hasMore Read more
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The Storied Investor 