News & Comments

Tuesday, June 7, 2016

Miton Group (LON:MGR) Williams on the Diverse Income Fund’s growth: ProactiveInvestors Stocktube

Published on 7 Jun 2016

Gervais Williams, fund manager at Miton Group PLC (LON:MGR) says for fund managers it is all about “growing that dividend” as “good and growing income is really what’s driving the market at the moment”.
He says the diverse income fund, which returned 4% last year to investors, is “very open minded” as long as there is dividend growth.

The fund buys both FTSE100 companies, such as Legal & General Group plc (LON:LGEN), but also AIM stocks, which Williams says are “particularly under discovered”.

Around 15% is invested in FTSE100 companies, slightly higher than last year due to BREXIT uncertainties, but 65% remains in “small-micro” where Williams sees “the best opportunities”.

http://www.4-traders.com/MITON-GROUP-PLC-4004825/
www.mitongroup.com/

Stocks at Highest Level This Year, Verizon Makes Offer for Yahoo: TheStreet

Published on 7 Jun 2016

Stocks head into the trading day at the highest levels this year. Indexes rallied to 2016 highs as Federal Reserve Chair Janet Yellen said interest rate hikes were needed but hedged on the timing of those. Verizon plans to submit a second-round bid of around $3 billion for Yahoo core internet business, which was much less than the $8 billion or so that was expected. The Wall Street Journal says a private equity firm, TPG Capital, is also expected to make an offer. There could be another round of bidding before a decision is made. Valeant reported its delayed first quarter results. Results missed the mark and will cut its full year earnings and revenue guidance. The new CEO said the company is making progress in stabilizing its business, which has been through controversy over price increases, questions about accounting and concerns over the use of a mail-order pharmacy.

Why We're Watching Valeant Pharmaceuticals: TheStreet

Published on 6 Jun 2016

Valeant Pharmaceuticals is set to release results before the bell Tuesday. Analysts are anticipating the Botox maker to report adjusted earnings of $1.36 a share, that's down $1 from a year ago. Revenue estimates for this quarter are expected to grow about 8.7% to about $2.4 billion. Tuesday is Valeant's second quarterly report since its pricing and compliance scandals were revealed. The Fill or Kill team will be keeping a close eye on whether or not Valeant will beat top and bottom line estimates.. and if there is any further information on how the drug maker plans to reduce its debt.

#South Africa - Britain and Australian govt warns citizens in SA after US terror alert: SABC Digital News

Published on 7 Jun 2016

Britain and Australia have urged their citizens to exercise high levels of caution while visiting South Africa.
Both countries updated their travel advisories for South Africa Monday.

It follows a warning by the US government over the weekend.

US embassies said it had received information that terrorists were planning attacks on places frequented by foreigners visiting Johannesburg and Cape Town, such as shopping malls.

The British embassy in Pretoria says the revised advisory should not be seen as a terror alert.
Earlier, the ministry of State Security, confirmed that they view the US government's warning in a serious light.

The department added that terrorism is a concern globally.

Meanwhile South Africans are unsure of weather or not to take the United States terror alert seriously.
We spoke to the Director of the Afro Middle East Centre, Na'eem Jeenah.

Ukraine - Rehab For Wild Ones: Helping an eagle fly again: UKRAINE TODAY

Published on 7 Jun 2016

A new treatment and recovery facility is now open in western Ukraine. But... its patients aren't whom you would think of right away. Getting healthy again is the priority for these wild animals, most of whom are listed in the Red Book of Endangered Species.

Halych National Nature Park located in western Ukraine is set to become the new home of two eagles and buzzards.

The birds all have a reason to come here. All of them fell victim to street photographers seeking quick cash from unsuspecting tourists. In an unprecedented court case launched by the Halych National Nature Park staff, the judge ruled against the photographers ordering the birds to be immediately confiscated and sent to the rehabilitation facility.

#UK - How would Brexit affect you? | Guardian Explainers: The Guardian

Published on 7 Jun 2016

Membership of the European Union may come with certain strings attached, but there is a wealth of benefits to its citizens.

GrooveMe’s market “much larger” than a year ago, says Chair: ProactiveInvestors Stocktube

Published on 7 Jun 2016

Alex Worrall, chairman of 3D hologram maker GrooveMe, tells Proactive Investors that the company has “come a long way” in a year, with 27 artists and 72 songs recorded.

The technology has a wide range of potential uses, and Worrall says the company has been in talks in India with members of Bollywood, but also with politicians, yoga instructors and other high profile individuals who might use the technology to reach all 1.5bn people in the country.

“Although we still look at our model as being basically and fundamentally the core is musicians,” he says, “…the thing [market] has spread very much larger than [when] we started”.

Joining Worrall is director Edwin Philpott, who adds “the brand opportunities here, not only to work with exciting brands within the music industry itself but activate relationships with potential sponsors and people who are interested to use what Alex said is a new media is very exciting”.

“Trade what you see, not what you think” says BlackCabbieTrader: ProactiveInvestors Stocktube

Published on 7 Jun 2016

John Walsh, better-known as the BlackCabbieTrader, says the key for investors is to “trade what you see, not what you think”.

He says he invests for “weeks and months”, rather than a traditional day trader, and offers investors the opportunity to see his trades and replicate the trades themselves should they wish.

Walsh won a trading competition in 2011 by trading on technical data and charts, and he admits that he focuses on this so much that “I don’t even know what the companies do sometimes”.
To find out more about his trading style, investors can visit blackcabbietrader.com