Real Name: Nigel

Occupation: Other

Interests: Economics, Oil, Property, Stocks

Location: SW, UK

Fantasy Fund: nigelpm's Fund

About Me:

Investor/speculator mainly in UK equities

Investment Strategy
I trade... weekly
I tend to buy... after much research
I hold for... a few months
Diversification is ... important, but not beyond 10 positions

Always looking for a bargain!

Basically :

  • Where NTAV exceeds market cap
  • Large solid companies have been hit temporarily
  • Low Price to Earnings/Cashflow
  • Good businesses temporarily cheap

Nigelpm's Latest Blogs

What do they do: Through a comprehensive suite of accounting and consultancy services, we offer intelligent solutions to a national client base that ranges from individuals and entrepreneurially-led owner managed businesses, to large corporations and public sector organisations. With leadership in the provision of business advisory, risk management, tax, recovery and financial management services, we are the UK’s 7th largest accounting firm with a…

I don't really follow currencies closely but this one has peaked my interest. It's now at its lowest level (in terms of dollar value) since WWII (78.2 and moving all over the place having been as low as 76.4 as stops no doubt got hit) as I type. The considered view is that the BoJ are likely to start buying around 80 USD/YEN to protect…

Barratt Developments (LON:BDEV) looks to be another good asset play. The current market seems to be throwing lots of them up.Recent Half yearly report available here: · Revenues for the half year were in line with the prior year equivalent period at £877.6m (2009: £872.4m) · Completions for the period were 4,832 (2009: 5,053), including 36 (2009: 25) joint venture completions · Average selling price…

Basically a REIT with a big bank loan and property investments in Europe. Total liabilities = £243m. Total Assets = £346m Latest half yearly report here : i.e. Equity at £103m Market cap currently around £30m. Unless property in Europe continues to dive (which isn't impossible) should be a good if not great investment.

This looks to be a good asset play. Final results out. All looks ok. Huge jump in NAV as expected Shares in issue - 81.85m Thus at £3 market cap is : c. £245.6m Per consolidated Balance Sheet Shareholders' Equity is £423.2m Thus NAV per share = £5.17. Also, dividend is up 15% and business is doing quite nicely.

Nigelpm's Latest Comments

Obviously I'm not privy to the detail but it would make sense in my mind to focus on more important issues.

Real blow out in CNCT - was expecting 10-20% fall - guess it puts the wafer thin margins under severe pressure and very unhelpful to have the "all but done" sale of the Books division back on the block again. I can't imagine there's any value in trying to pursue Aurelis - perhaps worth getting a compensation payout from them but should probably now focus…

Further RE: Carillion from PwC: A brief explanation of a compulsory liquidation and the roles of the Official Receiver and special managers will appear here shortly. In particular, it explains that a special manager is an officer of the court with his/her powers and functions defined by the court. This website will be regularly updated to provide more information as it becomes available. The… difference between administration and liquidation and their relevancy to the task at hand is governed by the desired fate of the company. Liquidation is the route to take to wind up and finish the company entirely. If all/some of the business needs rescuing, administration is the mechanism to go for. If the business is large with several sub organisations, it may be a mixture…

I wouldn't touch Flybe as an investment - the load factor of 68% pretty much tells you all you need to know. It's shocking. Ryanair reported a load factor of 94% for March FWIW and an average of 92% for the same period as Flybe have reported here. They are being hammered by the likes of Ryanair and Easyjet.

nigelpm's Top Awards 1

nigelpm Followers

nigelpm has 104 followers including:

and 96 more.
Let’s get you setup so you get the most out of our service
Done, Let's add some stocks
Brilliant - You've created a folio! Now let's add some stocks to it.

  • Apple (AAPL)

  • Shell (RDSA)

  • Twitter (TWTR)

  • Volkswagon AG (VOK)

  • McDonalds (MCD)

  • Vodafone (VOD)

  • Barratt Homes (BDEV)

  • Microsoft (MSFT)

  • Tesco (TSCO)
Save and show me my analysis