1462 days ago
Yesterday’s announcement from the Government on its plans for expanding spending on defence is, in my view, a demonstration of profligacy and wholly unwarranted as I noted HERE But Boris and his girlfriend Princess Nut Nuts have an 80 seat majority so the plans will be voted through. But did anyone know what was coming?
4263 days ago
Robert Sutherland Smith is again proving that he is still alive with another guest post. Robert started his City career the year before I was born and is, I think, 157 years old. Fear not. He is very much alive and kicking. He and I have worked together for almost eight years at t1ps.com . He is my friend and he is a very funny and intelligent chap. He is now branching out to celebrate his 158th by doing some freelance writing over at TradingResearchPoint on FTSE 350 Income stocks. Robert is a speaker at the UKInvestor Show on April 13th. He is a great one for focussing on yield. RSS today looks at Bae Systems. RSS writes:
4291 days ago
Robert Sutherland Smith started his City career the year before I was born. He is, I think, 157 years old. He and I have worked together for almost eight years at t1ps.com . He is my friend and he is a very funny and intelligent chap. He is now branching out to celebrate his 158th by doing some freelance writing over at TradingResearchPoint on FTSE 350 Income stocks. Robert is a speaker at the UKInvestor Show on April 13th. He is a great one for focussing on yield. RSS today looks at Bae Systems.
4312 days ago
Robert Sutherland Smith started his City career the year before I was born. He is, I think, 157 years old. He and I have worked together for almost eight years at t1ps.com . He is my friend and he is a very funny and intelligent chap. He is now branching out to celebrate his 158th by doing some freelance writing over at TradingResearchPoint on FTSE 350 Income stocks. He is a great one for focussing on yield. RSS today looks at Bae Systems.
In share price terms, BAE Systems (BA.) took off like a typhoon jet trainer from 250p in late 2011 to a recent peak of 350p. The share has thus produced £1 profit with its 40% capital gain for anyone who was brave enough to buy the shares at 250p. And it would have been a brave buy; a highly geared, pretty low margin defence contractor in times of government spending retrenchment in the UK and the US.