RedstoneConnect (REDS.L, market capitalisation: ÂŁ30.2m, 2.0p and 1.7% of the JIC Portfolio) Trading update for the first half ended 31st July. The full announcement can be seen HERE Conclusion: A confident statement and a decent recap of all it has achieved in restructuring the business in the first half. Thereâ€¦ read more →
Will she, wonâ€™t she? The market is currently fixated with whether Janet Yellen will put interest rates up at Septemberâ€™s meeting of the FOMC (Federal Open Market Committee). Yesterday, on the back of weaker than expected employment numbers, expectations were pushed out towards the December meeting. That apparently was behindâ€¦ read more →
As just foreshadowed in my Avation trading update blog, I have taken advantage of the short term, 12% jump in Avation, to sell the holding from the JIC Top 10 Portfolio. See JIC Top 10 tab above for updated Portfolio and transaction details.
Avation (AVAP.L, Main market. Market capitalisation: ÂŁ90m, 164p and 3.6% of JIC Portfolio and 10.7% of the JIC Top 10) Following on from this morningâ€™s announcement, the company has just issued a trading statement for the year ended 30th June 2016, ahead of publishing full year results next Wednesday. Conclusion:â€¦ read more →
TR European Growth Trust (TRG.L. Market Cap. 354m, 715p and 4.0% of JIC Portfolio)Â Further to my purchase of a 3.0% holding in TR European Growth Trust on 12th August, I have this morning increased the holding to 4.0% of the JIC Portfolio. I continue to be attracted by theâ€¦ read more →
Avation (AVAP.L, Main market. Market capitalisation: ÂŁ82m, 149p, 3.2% of JIC Portfolio and 9.6% of the JIC Top 10) Avation has announced that it has entered in to two agreements to purchase and lease two further new Airbus 321-200 aircraft to Vietjet. The aircraft are expected to be delivered beforeâ€¦ read more →
I have this morning sold Interquest from the JIC Top 10. It contributed to the Top 10 Portfolioâ€™s good performance in August with its 18% share price recovery. I still like the stock but not enough for it to merit being in the TOP 10. It is currently 1.4% ofâ€¦ read more →
Thank you to all who responded to the recent JIC Portfolio survey. There is plenty to chew over but today I will just start off by presenting the results and making a few observations.Â The results of the favourite five stocks is shown below. Worryingly, a few members could notâ€¦ read more →