I do go on about this but at some point the dam will break for UK takeovers. The situation is so dire in the city of London that even the UK government has spotted that the square mile is about to slip off the bank and into the Thames to be wash out to sea or more likely into the river side of docklands like 1800th century effluvia. Sorry for metaphorical overload but I couldn’t help myself.
The people you meet there couldn’t be more depressed…. What is more when Labour get in….
So this must be the bottom!
…well that would be nice because value contrarian investing and income investing is taking a beating.
I use the small cap index to see a de-noise chart of the UK market and here it is:
Its not a clear chart currently but the reason its useful is because in the past it shows clear long term trends. It remains speculative to suggest we are at a bottom but at least its clear we aren’t in a clear cut bear. You might even suggest this :
I’d prefer to say here a 5 takeover possibilities:
BT. Altice will surely bid.
De La Rue. Crystal Amber wants out and other security printer want in. Many new board members will be itching to do the deal.
Vodafone. Already effectively a takeover with Vod’s 50/50 merge with 3. Skates will be worn and repricing will kick off.
ITV. A snack for US media or anyone looking for programming past and future. Only regulatorial nostalgia would get in the way.
GSK. ??? Hell yes, of is it Haleon YES! Now all the highly valued stuff is away, all the patent medicines for coughs and wheezes can be sold to more highly valued purveyors of cough and wheezes companies in the US.
Really you can just go look up companies with p/e below 5, fat divis and no horrible outstanding issues and there you have a asset strip candidate.
If it’s the bottom this is the time to start easing in, because there is an embarrassment of choice in value in the UK for now.
If it looks like a bottom, acts like a bottom and sounds like a bottom, its probably a bottom.
Forbes 2
London on the back foot.
The prospect for UK stock brokers has never been grimmer. The London Stock Market is dying, even the exchange believes its day may be numbered if the investment environment isn’t changed.
Back around the dotcom, the UK government frogmarched the pension industry out of shares and into bonds and this has drained liquidity. Then you have the pesky 0.5% transaction tax and then you have the ‘fog in the channel, continent cut off’ Brexit, where 500m people lost easy access to a country of 60m people and 60m people lost easy access to a country and its markets of 500m people.
The UK is once again Angleterre, translated…. A corner of the earth, not the centre as its ego centric maps continue to suggest.
Consequentially the UK’s listed companies are cheap, as chips and prostate before any corporate predator. However the big beast have no yet gone on a feeding frenzy.
I do go on about this but at some point the dam will break for UK takeovers. The situation is so dire in the city of London that even the UK government has spotted that the square mile is about to slip off the bank and into the Thames to be wash out to sea or more likely into the river side of docklands like 1800th century effluvia. Sorry for metaphorical overload but I couldn’t help myself.
The people you meet there couldn’t be more depressed…. What is more when Labour get in…..
So this must be the bottom!
…well that would be nice because value contrarian investing and income investing is taking a beating.
I use the small cap index to see a de-noise chart of the UK market and here it is:
Its not a clear chart currently but the reason its useful is because in the past it shows clear long term trends. It remains speculative to suggest we are at a bottom but at least its clear we aren’t in a clear cut bear. You might even suggest this :
I’d prefer to say here a 5 takeover possibilities:
BT. Altice will surely bid.
De La Rue. Crystal Amber wants out and other security printer want in. Many new board members will be itching to do the deal.
Vodafone. Already effectively a takeover with Vod’s 50/50 merge with 3. Skates will be worn and repricing will kick off.
ITV. A snack for US media or anyone looking for programming past and future. Only regulatory nostalgia would get in the way.
GSK. ??? Hell yes, of is it Haleon YES! Now all the highly valued stuff is away, all the patent medicines for coughs and wheezes can be sold to more highly valued purveyors of cough and wheezes companies in the US.
Really you can just go look up companies with p/e below 5, fat divis and no horrible outstanding issues and there you have a asset strip candidate.
If it’s the bottom this is the time to start easing in, because there is an embarrassment of choice in value in the UK for now.
If it looks like a bottom, acts like a bottom and sounds like a bottom, its probably a bottom.