Analysing one annual report at a time
I bought 15 shares of Shire PLC for about £40 each on April 25 following news that the company had accepted, on a preliminary basis, an acquisition offer from Takeda for £49 per share ($30.33 in cash and 0.839 new Takeda shares for each Shire share). I actually didn't think I would be able to …
On Friday, January 19, DTY crashed almost 50% to 962p per share, having closed at 1,916p the previous day. This was due to a trading update where the company said they would be cutting their simple funeral service price by 25% and freezing the price of their traditional funeral service to protect their market share, due …
I started this quarter with £2,687.30 in my ISA, of which £187.30 was profit over contributions totalling £2,500, and with about 25% of my funds still in cash. I put in £1,050 more, bringing my total contributions to £3,550, and ended the quarter with £3,705.42, a £155.42 profit from my investments (down £31.88 from the …
This short clip from the movie "Other People's Money" is one of the best illustrations of what value investing is all about that I have ever seen: https://www.youtube.com/watch?v=yypj-aYtp9c This is basically all I'm trying to do: find and invest in companies that are selling for a lot less than what I think they are worth. …
I'm currently studying for the CFA Level 2 Exam and I don't have as much free time as before to read annual reports and try to find attractive companies to invest in. I've been following a few companies in the news, however, that have gotten into trouble recently and that I would like to look …
Continue reading Reader’s choice: which company should I analyse next?
Due to my additional investment on February 26 and its recent performance, Provident Financial now constitutes over 50% of my portfolio. On February 27, upon publication of its annual report and announcement of a £300 million Rights Issue, its shares rose 70.41% from 588p to 1,002p. Yesterday they closed at 932p, giving me a 34% …
What a day... On Monday PFG's shares closed at 588p, dropping about 10% that day, because a rumor spread during the weekend that the company was considering a £500m rights issue. Another contributing factor was the scheduled release of the company's 2017 results yesterday, with investors fearing a fine of £300m imposed by the FCA relating …
