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Occupation: Company Director, Other

About Me:

40 years experience in the software industry. Former Deloitte & Touche consultancy partner.

FREng's Latest Blogs

What do other traders do with cash that is sitting in their ISAs, SIPPs and other trading accounts? Brokers pay trivial interest rates, but where's the best place to invest it until it is needed for equity purchases?

The fundamentals look OK. The share price has steadily dropped. The directors know more about the company performance than anyone else. So what is the inference to be drawn from the fact that they haven't called the bottom yet?

No broker pays significant interest on cash, so what's the best strategy for holding significant cash between trades?

FREng's Latest Comments

Graham. Thanks for looking at Parity (LON:PTY). The recruitment side seems to be holfing up better than at Hayes, for example, so I think the update is positive. The absence of news on the sale of Inition is a concern, though. FREng

Re: Parity (LON:PTY). Thanks. The intention to sell was announced on March 23rd and TMV didn't comment on it this morning so I assumed it had gone through. They treated it as discontinued in the finals so if they still have it, what will they need to report in the interims?

re: ITV (LON:ITV). Thanks. So it's a longer-term bet unless she chooses to influence what the current CEO says on 26/7. I would insist on having sign off on any forward looking statements, in her position.

Ramridge: ITV (LON:ITV) may be a short term bet on what the new CEO will say with the half year figures on July 26th. Is she more likely to talk the prospects up (and set herself some market expectations to live up to) or to want to clear out any lingering problems over the next half year and to start with clean accounts next year?…

Parity (LON:PTY) has issued a positive trading update today and I added to my holding on the open. Over five years ago, the then Chairman tried to turn Parity into a digital media company by buyng Inition and Golden Square. The strategy failed, the chairman left and the CEO, Alan Rommel sold Inition, closed Golden Square, and refocused on recruitment and consultancy. Parity's finances and…

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