| | Sunday 14 October 2012 THAT WAS THE WEEK THAT WAS
Don't Let 'Oops' Get You Down
By Malcolm Stacy
Hello Share Shifters,
We all make mistakes. And we can afford to make errors 45% of the time. If we succeed for the other 55% we will do very well at the golden game as the years roll by.
By mistakes, I mean choosing the wrong share. It will have been the right stock at the time, but the future is unpredictable - and it could be the wrong share in the end.
There are also what seem to be more serious mistakes. And we can all make them, too. Me more than most, I hazard.
There was a time when I bought Smiths Group (SMIN). I actually thought I was buying Smith Kline Beecham. I did not want Smiths Group because they make stuff I am not wildly interested in. I am interested in drug development.
Click here to view the rest of the article
The Week Ahead Ladbrokes, Bellway, MPC minutes
There are lots of booze-based firms reporting next week, including Diageo, SABMiller and the Spirit Pub Group, while if soft drinks are more your thing, Britvic reports on Thursday; the Chelmsford-based drinks producer is currently in merger talks with Irn Bru maker AG Barr.
After a week on the booze it is rarely a good idea to visit the bookmakers, so watch out for Ladbrokes' third quarter update on Thursday.
One of the key things will be an update on the new Ladbrokes.com web site, which is scheduled to be launches this quarter. The bookie's online offering has been overshadowed by perennial rival William Hill and any delay to the launch will probably see the shares get a shellacking.
On the housing front Bellway will report preliminary results on Tuesday, and Panmure Gordon predicts profits will be up 49% on last year.
The broker expects Bellway to report the completion of 5,226 units over the full year at an average selling price of £187,000, which would represent a 6.5% improvement on the previous year's average. Net margins are likely to have improved by two-and-a-quarter percentage points to 11.0%, Panmure Gordon thinks.
The market consensus is for profit before tax of £98.2m on revenue of £985m. Earnings per share are tipped to surge to 61.48p, paving the way for the full year dividend to be hiked to 17.15p from 12.50p, if analysts covering the stock are to be believed.
Switching to the macroeconomic scene, minutes from the October meeting of the Bank of England's Monetary Policy Committee (MPC).
The Bank's current round of quantitative easing (QE) ends next month and economists will be scouring the minutes to see whether there are any clues as to whether the QE tap will be turned on again.
MPC member Martin Weale, for one, has expressed concern about sanctioning more QE while inflation remains above the Bank's 2.0% target rate. Weale's colleagues Ben Broadbent and Spencer Dale have also recently gone on record to warn about inflation risks.
The Bank of England increased its asset purchase pot by £50bn to £375bn in July.
Monday October 15
INTERIM DIVIDEND PAYMENT DATE
Capita, Chesnara, Cookson Group, Lavendon Group, Savills, UTV Media
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Business Inventories (US) (13:30)
Manufacturing Inventories (US) (15:00)
Retail Sales (US) (13:45)
Retail Sales Inventories (US) (15:15)
GMS
Diamond Circle Capital
IMSS
Fresnillo
EGMS
Nord Gold NV GDR (Reg S)
AGMS
Mcbride, Medilink-Global UK Ltd.
TRADING ANNOUNCEMENTS
Software Radio Technology
FINAL DIVIDEND PAYMENT DATE
Best of the Best, Coral Products, Goodwin Plc
Tuesday October 16
INTERIMS
Brown (N.) Group
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Capacity Utilisation (US) (16:15)
Consumer Price Index (EU) (10:00)
Consumer Price Index (US) (13:30)
Harmonised Index of Consumer Prices (EU) (10:00)
Industrial Production (US) (16:15)
New Car Registrations (EU) (10:00)
ZEW Survey (EU) (10:00)
ZEW Survey (GER) (10:00)
Q3
GKN
GMS
Blavod Wines & Spirits, Energetix Group
FINALS
Bellway, EpiStem Holdings, Plexus Holdings, Smiths News, Spirit Pub Company
IMSS
GKN
EGMS
Global Ports Investments GDR (REG S)
AGMS
In-Deed Online
UK ECONOMIC ANNOUNCEMENTS
Consumer Price Index (09:30)
Producer Price Index (09:30)
Retail Price Index (09:30)
Wednesday October 17
INTERIMS
Datatec Ltd. (DI), Vertu Motors
INTERIM DIVIDEND PAYMENT DATE
Dunedin Income Growth Inv Trust, Neptune-Calculus Income & Growth VCT, Premier Farnell
INTERIM EX-DIVIDEND DATE
BAE Systems, British Polythene Industries, Capital Shopping Centres Group, Foresight Solar VCT, JZ Capital Partners Ltd, Kerry Group 'A' Shares, Mears Group, Octopus Apollo VCT, S & U, Scisys, Smart Metering Systems, Spectris, Ted Baker, TT Electronics
QUARTERLY EX-DIVIDEND DATE
F&C Commercial Property Trust Ltd., Middlefield Canadian Income PCC
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Building Permits (US) (13:30)
Crude Oil Inventories (US) (15:30)
Housing Starts (US) (13:30)
MBA Mortgage Applications (US) (12:00)
Wholesale Price Index (GER) (07:00)
Q3
MCB Bank Ltd GDR (Reg S)
GMS
Persimmon, Vipera
IMSS
Diageo
SPECIAL EX-DIVIDEND PAYMENT DATE
Aberdeen Asian Smaller Companies Inv Trust
AGMS
Diageo, Diverse Income Trust (The), Vipera, Wasabi Energy
TRADING ANNOUNCEMENTS
Speedy Hire
UK ECONOMIC ANNOUNCEMENTS
BoE Interest Rate Minutes (09:30)
Claimant Count Rate (09:30)
Unemployment Rate (09:30)
FINAL DIVIDEND PAYMENT DATE
News Corp. 'A' Shares
FINAL EX-DIVIDEND DATE
Aberdeen Asian Smaller Companies Inv Trust, Animalcare Group, Avingtrans, Close Brothers Group, Henderson EuroTrust, Quayle Munro Holdings, Ricardo, Stavert Zigomala, Strategic Equity Capital, Wilmington Group
Thursday October 18
INTERIMS
Booker Group
INTERIM DIVIDEND PAYMENT DATE
888 Holdings, Netplay TV, RPS Group
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Bloomberg Consumer Confidence (US) (14:45)
Continuing Claims (US) (13:30)
Initial Jobless Claims (US) (13:30)
Leading Indicators (US) (15:00)
Philadelphia Fed Index (US) (15:00)
IMSS
Evraz, Ladbrokes, Man Group, Petropavlovsk, Renishaw
AGMS
IG Group Holdings, Mattioli Woods, Renishaw
TRADING ANNOUNCEMENTS
Britvic, Mothercare, SABMiller
UK ECONOMIC ANNOUNCEMENTS
Internet Retail Sales (09:30)
Retail Sales (09:30)
Trends in Lending (09:30)
FINAL DIVIDEND PAYMENT DATE
Standard Life UK Smaller Companies Trust, Trifast
Friday October 19
INTERIM DIVIDEND PAYMENT DATE
AZ Electronic Materials SA (DI), Barr (A.G.), Bilfinger Berger Global Infrastructure Sicav S.A.(DI), Christie Group, Computacenter, CRH, G4S, Glanbia, International Public Partnerships Ltd., John Laing Infrastructure Fund Ltd, Melrose, Networkers International, Petrofac Ltd., Playtech Ltd., Robert Walters, Serco Group, Total Produce, Treatt, Tribal Group, Witan Pacific Inv Trust
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Balance of Payments (EU) (09:00)
Balance of Trade (EU) (10:00)
Current Account (EU) (09:00)
Existing Home Sales (US) (15:00)
Producer Price Index (GER) (07:00)
Q3
Schlumberger Ltd.
IMSS
Aggreko, Petrofac Ltd., Provident Financial
SPECIAL DIVIDEND PAYMENT DATE
Highland Gold Mining Ltd.
AGMS
Argos Resources Ltd. (DI), Brooks Macdonald Group, Dechra Pharmaceuticals, PME African Infrastructure Opportunities
UK ECONOMIC ANNOUNCEMENTS
Public Sector Finances (09:30)
FINAL DIVIDEND PAYMENT DATE
City of London Investment Group, Dart Group, TP70 2008 (I) VCT, TP70 2008 (II) VCT, Tricorn Group, Utilico Investments Ltd (DI)
Link to article.
BOOK OF THE WEEK By Zak Mir
A book review by Luka Lukic of t1ps.com Zak Mir, editor of the UK's leading technical analysis website t1ps.com, has shot straight to the top of the investment charts with his new Kindle ebook 101 Charts for Trading Success. 101 Charts offers readers an insight into some of the most significant events to affect the financial markets in history, from the Wall Street Crash of 1929 to the Dot-com bubble of the late 1990s, and explains how traders could have used technical analysis to have made big profits in these volatile markets.
Click here to view the rest of the article
ALTERNATIVE BET OF THE WEEK Your local betting shop may be great for the footie, but you must go online for the truly weird bets.
This week: Will Heathrow Airport have a third runway in operation by end of 2025?
Singles Only. Applies to whether or not Heathrow Airport has three operational runways by the end of 2025.
Regards,
ShareCrazy
|
|
| | | |
| | |
|
No comments:
Post a Comment