Light in the tunnel

As the mega-tech trade rips once again in after-hours trading, turning the screws on those hungering for some sort of market rotation, the robust year-to-date trend of the big getting bigger, continues. And how big they are. Indeed if you peel the S&P 500 index by market cap, the performance results speak for themselves. The… Read More Light in the tunnel

Crown Holdings

Often lost in the pizzazz of the scrolling headlines on explosive growth, or new fads and fashions, there is a swathe of companies that quietly trundle on, year in year out, out of sight out of mind. Some of these companies though, are hidden gems, unpolished perhaps, but waiting, heaving with potential for those who… Read More Crown Holdings

Thinking differently

“Digital transformation is no joke. To the extent I poo-poohed this buzzphrase before, it wasn’t because I didn’t believe in it, so much as that I distrust the odour of hype. The aroma has vanished”. So said one key ‘enterprise decision maker’, when asked in a recent Twilio survey whether the COVID pandemic had changed… Read More Thinking differently

Google

What goes up, doesn’t always come down. Take tech stocks. Up and up. The latest surge fuelled by business models well-catered for a global stay-at-home directive from wide-eyed government mandarins. And, yet the sector too is taking heat from the meaty breath of the left-wing political elite, mindful of the shifting eddies in the national… Read More Google

Drying up

‘Jittery tape, volumes down’ ran the headline of a broker’s recent market round-up. And so the listless days of summer descend, days where desks are sparse and terminals lie idle. Set against a market that has scorched the tape in a fizz, bang, pop of a rally, thin volumes and what promises to be an… Read More Drying up

Anthem

Gail K. Boudreaux has a lot on her plate. As CEO of Anthem, one of America’s largest healthcare benefits companies, the double gut punch of COVID and a spittle flecked run in to the US election, has souped-up the sector and de-rated her share price. Shareholders though, should rest easy. In a good corporate shemozzle,… Read More Anthem

Indebted

Publilius Syrus was not only a sharp witted writer, famous for his sententia or brief moral sayings, but he was also partial to a spot of mime. Indeed he was. So much so, Julius Caesar no less, asked him do the half-time show in the Games of 46BC. High praise. Syrus was also recently quoted… Read More Indebted

Tech, not tariffs

Chuck Schumer likes the camera. He likes the camera so much that Barrack Obama once joked that Schumer would bring the press to a banquet as his “loved ones”. The long-standing Senator from New York may love an audience, but in an age of bitter and fractious politics, he has managed to pull something akin… Read More Tech, not tariffs

Micron

J. R Simplot left home at fourteen after bucking the suffocating domestic regime of an authoritarian father. He worked as a farm hand, and later got into potatoes. And he got into potatoes big time. By World War II, his company had become the largest supplier of potatoes in the US, and in 1967 he… Read More Micron

The Prize

The sticky Enron-like end of the once lauded Wirecard, has prompted a thick line of copy on the dangers of investing in loss making businesses and CEOs with a fondness for black polo neck sweaters, a size or two, too small. Indeed, the red flags are many: glossy future profit forecasts, eye-popping C-suite pay, a… Read More The Prize