Author stories Proactiveinvestors Author stories RSS feed en Tue, 17 Oct 2017 04:57:14 +0100 Genera CMS (Proactiveinvestors) (Proactiveinvestors) London Finance Show: Iran and Spain weighing on markets “We’ve had some fairly strong data out of China and that’s pushed the oils and metals higher on the FTSE, but I think traders are sitting on their hands a little bit looking Spain and Iran and how that’s panning out,” says market commentator Matt Brown.

Also in today’s show, Brown discusses: ConvaTec Group PLC’s (LON:CTEC) profit warning; the currency markets; HSBC’s upgrade of ITV plc (LON:ITV); as well as London house prices.

Mon, 16 Oct 2017 11:40:00 +0100
London Finance Show: ‘More pound volatility on the way after deadlocked Brexit talks’ “The extent of the reaction yesterday seemed rather excessive given that we know [Brexit] talks are deadlocked,” says Marc Otswald, strategist at ADMISI.

“There’s probably going to be a lot more volatility in the pound as we head into the end of the year, particularly if things remain as ‘deadlocked’ as they are.”

Elsewhere, Oswald discusses: UK interest rate hike prospects; GKN PLC’s (LON:GKN) profit warning; coking coal prices; iron ore prices; as well as JP Morgan’s upgrade of WH Smith Plc (LON:SMWH).

Fri, 13 Oct 2017 11:00:00 +0100
London Finance Show: ‘Not convinced another US rate hike is on the cards’ Tim Harrison, head of wealth management at Linear Investments, isn’t convinced that another interest rate hike is on the cards in the US in the near future.

“I am very cautious on the rhetoric coming out [from the Fed] because I don’t think the US is as firm as people like to believe,” says Harrison.

“Inflation is still very, very low and they need inflation to justify a continual sustained rate rise schedule.”

Also in the segment, Harrison discusses: Ferguson Plc (LON:FERG); AO World PLC (LON:AO.); currencies; and Berenberg’s downgrade of Foxtons Group PLC (LON:FOXT).

Thu, 12 Oct 2017 11:50:00 +0100
London Finance Show: ‘Brexit has started a snowball effect' Tim Harrison, head of wealth management at Linear Investments, tells the London Finace show that Brexit has

“Great Britain electing to leave the EU has started the snowball effect of everyone else starting to dissent.

“Obviously the Catalonians for some years have wanted independence and the Brexit vote has given them the energy to start stamping their feet.”

Harrison says the retail tourism space is one to watch, and picks out Premier Inn and Costa owner Whitbread plc (LON:WTB) as an “interesting beast” within the sector. Down on AIM, he casts his eye over Easyhotel PLC (LON:EZH).

As for currencies, Harrison says he’s a bull on the Great British pound and expects it to continue to strengthen against both the euro and the dollar.

Elsewhere, UBS’ upgrade of Standard Life Aberdeen PLC (LON:SLA) is discussed, as is the number of pizzas Domino’s Pizza Group PLC (LON:DOM) sold on one Saturday night.

Wed, 11 Oct 2017 12:00:00 +0100
London Finance Show: ‘Sterling still headed for US$1.40’ Ronnie Chopra, author of Wall Street Wires, is still bullish on the British pound and expects it to appreciate against the dollar and euro in the coming weeks and months.

“I still think we’ll get to US$1.40. Obviously time is running before the end of the year but it can certainly get back to the high US$1.30s,” he says in Tuesday’s London Finance Show.

Chopra also touches on traders ignoring geopolitical risks; Tesco PLC’s (LON:TSCO) potential profits; Credit Suisse’s upgrade of Lloyd’s Banking Group PLC (LON:LLOY); Columbus Energy Resources PLC’s (LON:CERP) recent rise; and the oil price.

Tue, 10 Oct 2017 11:00:00 +0100
London Finance Show: China ‘another growth opportunity waiting to happen’ Tim Harrison, head of wealth management at Linear Investments, says investors should switch their focus to China if the US starts to slow down.

“It looks as though China is starting to gather pace. It would appear, in my opinion, that China is another growth opportunity just waiting to happen.”

Harrison also touches on the FTSE 100 which is at a two-month high. He reckons the index has been boosted by a number of companies stripping the fat over the past couple of years.

On to Tesco PLC (LON:TSCO) where Harrison says ‘Drastic Dave’ is starting to work his magic and he thinks it’s “set to continue to grow”.

Down on AIM, artificial intelligence specialist Blue Prism Group plc (LON:PRSM) gets a mention: “It’s an increasingly competitive market but there are a few attractive companies out there.”

There’s also a look across to the currency markets and Citi’s ‘buy’ note on Dixons Carphone Plc (LON:DC.). Airbnb’s taxes are put under the spotlight as well.

Mon, 09 Oct 2017 11:30:00 +0100
London Finance Show: Tesco on Booker situation; Morses Club, and DFS downgrade Nick ‘Moose’ Batsford and Matt Brown discuss the FTSE 100 advancing above 7,500 as a currency play, although it is clearer to look at the more domestically focused FTSE 250 index given current UK political uncertainty.  The FTSE One to Watch is supermarkets giant Tesco PLC (LON:TSCO), highlighting the Booker PLC (LON:BOK) takeover situation rather than the resumed dividend this week,  while the AIM stock to watch is doorstep lender Morses Club Plc (LON:MCL), and the broker focus is on the Berenberg downgrade of DFS Furniture Plc (LON:DFS).

Fri, 06 Oct 2017 11:37:00 +0100
London Finance Show: Merlin Entertainments to bid for Seaworld; WH Smith downgraded Nick ‘Moose’ Batsford and Matt Brown look at the dull markets which are treading water with China on holiday, US non-farm payrolls numbers tomorrow, and the release of minutes from the last European Central Bank meeting today. The FTSE stock to watch is MadameTussauds and Thorpe Park owners Merlin Entertainment PLC (LON:MERL) on the back of talk it could bid for Seaworld, while the AIM One to Watch is LightwaveRF PLC (LON:, and broker research sees Peel Hunt downgrading WH Smith Plc (LON:SMWH) ahead of results next week.

Thu, 05 Oct 2017 11:13:00 +0100
London Finance Show: Catalan independence, Tesco, and Eagle Eye Solutions Nick ‘Moose’ Batsford and Matt Brown discuss the implications of the Catalan independence threat, which is bad news for Spanish banks, although PMI numbers from the country are looking OK, while the latest UK PMIs are also looking a bit better.  The FTSE One to Watch is inevitably Tesco PLC following its good numbers and dividend resumption today, while the AIM stock to watch is Eagle Eye Solutions Group PLC (LON:EYE).

Wed, 04 Oct 2017 11:15:00 +0100
London Finance Show: Dow records, bottlers, Greggs, and Purplebricks Matt Brown and Tim Harrison, head of wealth management at Linear Investments discuss the drinks bottling sector with a bid for Dutch soft drinks bottler Refresco Group NV and the sad death of Coca Cola HBC AG’s (LON:CCH) CEO announced today. They also look at the US markets’ continuing strong performance, with 43 record closes by the Dow Jones so far this year, helped by hopes for President Trump’s tax reforms.  The FTSE stock to watch is ‘food-on-the-go-‘ group Greggs plc (LON:GRG), while the AIM one to watch is Purplebricks PLC (LON:PURP), the hybrid estate agency group in which Neil Woodford has a stake. 

Tue, 03 Oct 2017 11:32:00 +0100
Chelsea favourites, but Spurs could be worth an outside flutter Fri, 06 Jan 2017 16:15:00 +0000