Wednesday, May 30, 2007
I'm back
I've had enough of silence!
Bought some Tandem, well cheap outsource manufacture to China story.
Sold some Fayrewood spread bets after they announced a tender offer. And Newcastle United have been approached for takeover at 100p, five months since I bought them for just under 80p. Cashback! The chairman owns almost 30% of Newcastle and has said the offer is way too low, hopefully we'll be getting a higher offer sometime in the next two weeks or so.
Then there is British Airways, which I think is a bit cheap. 473p to buy versus forecasts of 55.8p and 60.3p for the next two years for a company with considerable privileges in a business that is not going to disappear!
What does everyone else think?
(0) comments
Bought some Tandem, well cheap outsource manufacture to China story.
Sold some Fayrewood spread bets after they announced a tender offer. And Newcastle United have been approached for takeover at 100p, five months since I bought them for just under 80p. Cashback! The chairman owns almost 30% of Newcastle and has said the offer is way too low, hopefully we'll be getting a higher offer sometime in the next two weeks or so.
Then there is British Airways, which I think is a bit cheap. 473p to buy versus forecasts of 55.8p and 60.3p for the next two years for a company with considerable privileges in a business that is not going to disappear!
What does everyone else think?
