magazine archive


magazine archive

Dan Coatsworth

Cash offers rule but bid premiums ease back slightly versus last year

Thursday 19 Dec 2024

UK takeovers moved up a gear in 2024 as predators targeted bigger companies. The average value of deals was £1.07 billion, nearly three times higher than the £390 million average in 2023. In total, there were £49 billion worth of recommended bids versus £17.2 billion last year. A bounty of unloved...

What plans for a new stock market called ‘Pisces’ mean for investors

Thursday 05 Dec 2024

Investors already have access to thousands of companies around the world. The choice can be overwhelming so do we really need the launch of yet another stock market? The answer might be ‘yes’ if it offers something different to what’s already available and a new market called ‘Pisces’ certainly...

The benefits of staying invested when the list of worries builds up

Thursday 21 Nov 2024

It’s been a prosperous time to have invested in the markets. Each one of the major share indices around the world has delivered a positive total return over the past 12 months, factoring in share price performance and dividends. At the top end, the US has returned 32.5% as measured by the S&P...

Director share sales ramp up amid fears of capital gains tax changes

Thursday 10 Oct 2024

The list of company directors selling more than £1 million worth of shares since Labour got into power three months ago is growing. It’s as if they can see the writing on the wall with a potential hike to capital gains tax in the Budget on 30 October. By crystalising value from their investments...

The pros and cons of scrapping inheritance tax relief on AIM shares

Thursday 26 Sep 2024

The new UK Government has made it perfectly clear that the Budget on 30 October is going to involve some tough decisions that will affect people’s finances. While much of the media speculation has focused on how capital gains tax might evolve, inheritance tax (IHT) is also a potential target for...

The common thread uniting FTSE 100 takeovers this year

Thursday 12 Sep 2024

At the start of 2024, I speculated that interest rate cuts could lead to takeovers involving bigger companies than the type of deals seen in 2023. While the rate-cut journey still remains in its infancy for the UK and other key geographies, the predicted wave of large-cap takeovers is firmly in...

Summer sell-off encourages savvy investors to buy at cheaper prices

Thursday 29 Aug 2024

Anyone lucky enough to have enjoyed a long summer holiday and focused on the beach rather than their portfolio might not have noticed the recent jolt in global stock markets. While the second half of July was a miserable time markets amid fears of a US recession, the scale of the subsequent rebound...

Why more FTSE 100 companies are offloading assets to sharpen their focus

Thursday 15 Aug 2024

There is a phrase in business – ‘shrink to greatness’ – meaning companies selling or demerging assets and focusing on what they do best. You might call it streamlining, others might say it is an admission that the previous strategy did not work and the company was too bloated. This trend is firmly...

Why it’s time for gold miners to play catch-up after metal price rally

Thursday 01 Aug 2024

The price of gold has a reputation for going through spurts. Over the past five years it has jumped, then pulled back, and then jumped again, on repeat. This year has seen a strong rally for the precious metal price, leading investors to ask if there is more to come. At $2,424 per ounce, gold...

How Nike and Schweppes messed up and let rivals eat their lunch

Thursday 18 Jul 2024

The biggest brands often draw in investors who believe these giants of industry are surefire winners on the stock market. Nike (NKE:NYSE) has shown that brand achievements do not always equate to strong earnings and this is a lesson worth remembering if brand strength has ever influenced investment...

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