Saturday, October 06, 2007
Back in Barclays
For the first time ever, I've bought back into a share I previously owned. After an absence of almost four years, I'm back in, buying shares at 577p. Good news, apparently, as I suspected, the threat to corporate profitability from US investment banks writing down the value of mortgage investments is not a great as was feared and shares have risen across the sector.
My investment in Royal Bank of Scotland remains underwater however, though I remain happy with my position.
Bicycle maker and small portfolio holding Tandem Group is expected to report results next week. News from bike retailer Halfords has been positive and so I expect good things. The shares could double from here. We'll see.
The Artful Dodger
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My investment in Royal Bank of Scotland remains underwater however, though I remain happy with my position.
Bicycle maker and small portfolio holding Tandem Group is expected to report results next week. News from bike retailer Halfords has been positive and so I expect good things. The shares could double from here. We'll see.
The Artful Dodger
