Blogs

Latest Blogs

Inconvenient AGM Times – DX Group

Post Date: November 21, 2016

I posted only recently about the inconvenient time and location of the AGM of Dunelm. Another example is DX Group (DX.) who scheduled their AGM for 8.30 am in Iver, Bucks on the 6th December. But after representations from investors they have moved it to 10.30 am. It seems that they did not get many investors turn up for the AGM last year. But bearing in mind the share price collapse over the past year, more are expected this year. It is good ...

Aero Inventory – Deloittes Fined

Post Date: November 21, 2016

There was a brief mention of the latest news on Aero Inventory in the recently issued ShareSoc Informer Newsletter, but here are a few more details. False accounts are a common problem in AIM companies (Aero Inventory and Globo are just two examples apart from the recent case of Redcentric). Let us hope the auditors of Redcentric (PWC) take note of the recent record fine imposed on Deloittes of £4 million in relation to their audit of Aero Inventory, plus £2.3 million ...

Learning from the Experts 2 – Scottish Mortgage Investment Trust

Post Date: November 20, 2016

A previous blog post covered how one could learn from experts such as Harry Nimmo at Standard Life UK Smaller Companies Trust. Another company, but a very different one, I hold is Scottish Mortgage Investment Trust (SMT) and I thought this comment in their recently received Interim Report was worthy of note: "Outlook: There is a strong structural asymmetry in equity market returns, given the potential for a successful company to grow to many times its size. This means it is of ...

Pension Protection – It’s Easy

Post Date: November 20, 2016

The question of whether to apply to HMRC for “Pension Protection” is something that investors might wish to consider. With the Chancellor’s Autumn Statement coming up on Wednesday (23rd...

FCA Study of Asset Management – Interesting Interim Results

Post Date: November 18, 2016

The Financial Conduct Authority (FCA) has published an interim report on its Asset Management Market Study. Some of the results are not that surprising, but others are. For example, it reports that around half of retail investors were not aware that they were paying fund charges. Needless to point out perhaps that can be linked to another conclusion. Namely that there is weak price competition. How can investors be expected to compare prices when they are not even aware of the charges? Indeed ...