Saturday, September 27, 2008
Miserable returns and depressing stock drops
Well, it has been a thoroughly miserable experience investing in this market for the last twelve months.
Make no mistake, this is a bear market, particularly in UK small cap stocks, some of which I am invested in.
Shares in Accident Exchange (LSE:ACE) continue to collapse despite a lack of real news. The company's plan to increase cashflow has yet to show results, if they cannot turn things around, eventually, the company will go bankrupt. I am concerned that what I originally saw as a recovery play is now a crisis play.
RCG Holdings (LSE:RCG) are planning a flotation on the Hong Kong stock exchange. This is great news, as shares are typically much more highly rated their. Interim results were excellent but the share price has made little progress. I may buy more soon.
Bicycle manufacturer Tandem Group (LSE:TND) will announce interim results in October. I am hoping for a dividend announcement, hoping for improved profits and maybe even some more share buybacks. I think management here know how to get their shareprice up and have a number of options available to them.
Barclays continue to struggle against a backdrop of banking panic and crisis. It remains a great-looking long-term hold though.
SOCO International have made now real progress. It has been a depressing year for The Artful Dodger.
The Artful Dodger
(0) comments
Make no mistake, this is a bear market, particularly in UK small cap stocks, some of which I am invested in.
Shares in Accident Exchange (LSE:ACE) continue to collapse despite a lack of real news. The company's plan to increase cashflow has yet to show results, if they cannot turn things around, eventually, the company will go bankrupt. I am concerned that what I originally saw as a recovery play is now a crisis play.
RCG Holdings (LSE:RCG) are planning a flotation on the Hong Kong stock exchange. This is great news, as shares are typically much more highly rated their. Interim results were excellent but the share price has made little progress. I may buy more soon.
Bicycle manufacturer Tandem Group (LSE:TND) will announce interim results in October. I am hoping for a dividend announcement, hoping for improved profits and maybe even some more share buybacks. I think management here know how to get their shareprice up and have a number of options available to them.
Barclays continue to struggle against a backdrop of banking panic and crisis. It remains a great-looking long-term hold though.
SOCO International have made now real progress. It has been a depressing year for The Artful Dodger.
The Artful Dodger
