Research for 2012

Market Commentary December 2012

31-12-2012

Please find this month's Market Commentary newsletter which contains our view on the stock market based upon fundamental and technical analysis along with some recommended investments for the current market. Last month's market forecast was spot on with the market rising 0.9% following our posit [...]

Sell AstraZeneca / Buy GlaxoSmithKline

11-12-2012

Today, we are recommending our clients to sell AstraZeneca ("Astra") and switch into GlaxoSmithKline ("Glaxo"). AstraZeneca has had a good run as late, rising from 2792p to its current 3024p share price in just two months (a 8.3% gain). Though we originally switched from Glaxo into Astra, this ca [...]

Market Commentary November 2012

30-11-2012

Please find this month's Market Commentary newsletter which contains our view on the stock market based upon fundamental and technical analysis along with some recommended investments for the current market. Last month's market forecast was spot on with the market rising just 0.6% following our n [...]

Sell SSE / Buy Centrica

26-11-2012

Today, we are recommending our clients to sell SSE and switch into Centrica. SSE has had a good run as late, outperforming European utilities, and is now sitting on an expensive March 2014 12x earnings. Citi has just cut its price target to 1270p (current price is 1398p), which would see SSE trad [...]

Stobart Group Plc 5.5% 04/12/18

15-11-2012

National Transport Distribution company Stobart Group Ltd is issuing a six year sterling bond with a 5.5% coupon. Though the issue does not carry a credit rating, we feel this bond looks good value against the 3% and 4.5% GRYs offered by Go Ahead and FirstGroup around the same maturity. With the [...]

GAM's 25th Anniversary

13-11-2012

This year is a historic one for Gibraltar Asset Management Limited. After celebrating the 10th Anniversary of our membership of the London Stock Exchange in April, we now are celebrating the Firm’s 25th Anniversary. Twenty five years may not sound a lot to many but in this business, as you can [...]

Market Commentary October 2012

31-10-2012

Please find this month's Market Commentary newsletter which contains our view on the stock market based upon fundamental and technical analysis along with some recommended investments for the current market. Last month's market forecast was spot on ("we believe the markets will see increased vola [...]

Halfords - Sell

22-10-2012

Our Halfords recommendation has not performed as we would have liked, with an initial innocent-looking warehouse distribution problem being followed by a series of profit warnings. We are now recommending investors cut their losses following the tremendous 75% rise from the July low of 188p. This [...]

Daimler AG - Buy

05-10-2012

UBS has recently raised its 2012 S&P 500 price target to 1,525 on the belief that the near term liquidity-driven rally will continue. Over the short-run, they believe that pro-cyclical groups such as energy, materials, autos, homebuilders and diversified financials are likely to lead the market. [...]

Market Commentary September 2012

28-09-2012

Please find this month's Market Commentary newsletter, which contains our view on the stock market based upon fundamental and technical analysis along with some recommended investments for the current market. In the newsletter, we highlight our preferred investments at this time. Last month's rec [...]

Market Commentary August 2012

31-08-2012

Please find this month's Market Commentary newsletter, which contains our view on the stock market based upon fundamental and technical analysis along with some recommended investments for the current market. In the newsletter, we highlight our preferred investments at this time. Last month's rec [...]

CLS Holdings Plc 5.5% 31/12/2019

28-08-2012

Multinational property company CLS Holdings Plc is issuing a seven year sterling bond with a 5.5% coupon. Though the issue does not carry a rating, we feel this bond looks good value against the 1% offered by the benchmark Treasury gilt. With the general consensus forecasting a long period of low [...]

Sell Platinum / Buy Gold

15-08-2012

We are advising holders of platinum to switch out of the white metal and into gold. Oversupply Although QE3 is expected to take place in September, platinum's upside will be limited by high inventories. Whilst it is true that there is little downside potential given that its price is below the cos [...]

Market Commentary July 2012

31-07-2012

Please read this month's Market Commentary newsletter which contains our view on the stock market based upon fundamental and technical analysis along with some recommended investments for the current market. In the newsletter, we highlight our preferred investments at this time. Last month's reco [...]

Market Commentary June 2012

29-06-2012

Read this month's Market Commentary newsletter which contains our view on the stock market based upon fundamental and technical analysis along with some recommended investments for the current market. In the newsletter, we highlight our preferred investments at this time. Last month's recommendati [...]

General Accident 8 7/8% Preference Shares - Buy

19-06-2012

With base rates remaining stubbornly at 0.5%, income seekers are finding it hard to generate the kind of income they have grown accustomed to in recent years. However, for those prepared to widen their income-seeking horizon, there are attractive opportunities. A hybrid of an ordinary share and a [...]

Market Commentary May 2012

31-05-2012

Read this month's Market Commentary newsletter which contains our view on the stock market based upon fundamental and technical analysis along with some recommended investments for the current market. In the newsletter, we provide our view on the current state of the Eurozone and the possible futu [...]

GAM Joins the Twitter Community

23-05-2012

GAM is pleased to announce it is embracing the internet revolution by releasing its Twitter account at Gibraltar Asset Mgmt @GibAssetMgmt. Our people can also be followed on their GAM handles (DjamalAdibGAM, PaulBraileyGAM, IsabelDuqueGAM & MarkMaloneyGAM). The purpose of our Twitter account is to [...]

Market Commentary April 2012

30-04-2012

Read this month's Market Commentary newsletter which contains our view on the stock market based upon fundamental and technical analysis along with some recommended investments for the current market. In the newsletter, we explain why we believe the market will, in all likelihood, trade in a trend [...]

ETFX DAXglobal Gold Mining ETF

04-04-2012

Please read our complimentary research on what we believe could offer a potential 20% return this year, which is suitable for investors with a high risk tolerance. The price of gold bullion and gold mining shares has diverged to such an extent that we feel the gold miners are a 'buy' for the followi [...]

Market Commentary March 2012

30-03-2012

Read this month's Market Commentary newsletter which contains our view on the stock market based upon fundamental and technical analysis along with some recommended investments for the current market. In the newsletter, we explain why we have reverted to being cautiously bullish on the stock marke [...]

Provident Financial 7% 04/10/2017 - Buy

28-03-2012

Provident Financial Plc is issuing a new 5 1/2 year sterling bond with a 7% coupon, which will commence trading on the 4th of April, complimentary research attached. Rated BBB by Fitch, we feel this bond looks good value against the 1.1% offered by the benchmark Treasury gilt and the ~3% offered by [...]

Market Commentary February 2012

29-02-2012

Read this month's Market Commentary newsletter. This contains our view on the stock market based upon fundamental and technical analysis along with some recommended investments for the current market. In the newsletter, we explain why we have turned bearish on the stock market. However, on a botto [...]

iShares Emerging Markets Local Gov Bond ETF

17-02-2012

Emerging market bonds have been one of the best-performing asset classes over the last few years and for good reason. They offered exposure to high yields, strong underlying economies and a healthy diversification away from the Western debt crisis. However, we believe this story has further to run. [...]

Market Commentary January 2012

24-01-2012

Read our new Market Commentary newsletter. This contains our view on the stock market based upon fundamental and technical analysis along with some recommended investments for the current market. [...]

Dogs of the Dow 2012

06-01-2012

Read this year's stock selection from the Dogs of the Dow, a theory that uses yield and price to determine stock selection. The single stock selection, RSA Insurance Group Plc, turns out to be the same as last year. Despite the fact that the performance has not lived up to expectations (-16% compar [...]