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James Mason

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  1. Should I sell my stock portfolio and buy gold given the current market environment?
  2. How did Shopify perform in Q4 2019, and should I buy its stock?
  3. How is the coronavirus affecting Apple's iPhone supply chain and sales?
  4. James Mason

    Oil Rally

    Why did oil prices rally to new highs today?
  5. I want to invest in altcoins given that Bitcoin is very expensive, how can I avoid the many scam projects?
  6. Why did shares of Discover Financial Services fall today despite releasing its earnings report yesterday?
  7. Crude oil (WTI) has been falling since the start of 2020, when will it hit a bottom and start rallying again?
  8. The S&P 500 has rallied to new highs since the signing of the US-China trade deal. Should I buy the SPY(ETF) at its current value, or should I wait for a pullback?
  9. Now that the US and China are ready to sign a phase one trade deal, what is likely to happen to global equity markets after the deal is signed on Wednesday?
  10. The independent board that oversees Woodford Patient Capital Trust (LON:WPCT) is negotiating with other money managers who could be potential replacements for Neil Woodford following the recent scandals at the firm. The board confirmed on Monday that it had received offers from other fund managers who were keen to take over the running of the WPCT investment trust, which has an independent board that can hire or fire the investment manager if they so decide. WPCT shares have lost 30% of their value since June 2019 when the Woodford Equity Income Fund (WEIF) had to halt investor redemptions after a bank run that followed months of losses at the fund. The board said that it has been monitoring the situation at the above open-ended fund given that the WPCT is a closed-ended trust that was also run by Neil Woodford and has positions in the same illiquid companies that the WEIF held. The board confirmed that its main priority is to protect shareholders interests and that it will engage with other third-party managers in order to find the best way to manage the WPCTs funds, which may include the firing of Mr Woodford.
  11. Custodian REIT Plc (LON:CREI), a UK firm that invests in commercial real estate reported lower earnings in the second quarter compared to Q1 due to a tough retail environment. However, the firm reassured investors that it has a diversified portfolio of properties, which should help it navigate the current commercial real estate market. The firm reported that the value of its real estate portfolio currently stands at £568m, which is a slight decline to the £572.2m recorded in the first quarter ended March, with the difference being caused by company voluntary arrangement (CVA) where existing tenants renegotiated for lower rents. Richard Shepherd-Cross, a managing director at the firm, said that he expects more tenants to enter into CVAs given the tough economic environment, but he anticipates that resistance from landlords may lead to the scrapping of CVA provisions in the near future. He cautioned that the impact of CVAs could extend into the future as tenants may want to keep paying lower rents once their CVAs have expired, which could lower the net asset value of its properties over the medium-term.
  12. The CEO of Centrica plc (LON:CNA) Iain Conn has announced that he will be stepping down from his position by early next year and will also give up his board seat after the multinational energy company booked a massive pre-tax loss of £446m in the half-year ended June 2019. The British multinational attributed the massive losses to the government cap on energy prices, which affected its consumer division including British Gas, whose profits fell 44% to £240m. Its business division reported an 89% slump in profits to £11m, which was caused by warm weather and nuclear plant outages. Mr Conn told the BBC’s Today programme that the firm was finalising its transformation into a consumer-facing company that provides energy services and solutions, which makes his planned exit a “natural moment” for his successor to take over. The energy company also announced a partnership with Ford Motor Company (NYSE:F) to provide a dedicated installation service for home charging units for the carmaker’s electric models over the next five years.
  13. Capital One Financial Corp. (NYSE:COF) announced on Monday that a hacker had gained access to data belonging to 100 million US customers and 6 million Canadian customers in a breach that occurred on 19th July. The lender was quick to reassure customers that the hacker did not get access to credit card numbers, but that they had accessed the names, phone number and addresses of the affected customers. The hacker also got access to the credit scores, dates of birth, bank balances, credit limits, and payment histories of the affected customers. The bank reassured its clients that it was quite unlikely that the stolen information could be used to perpetrate fraudulent activities against the affected individuals. Luckily, the hacker responsible for the breach, Paige Thompson, was arrested on Tuesday morning after claiming responsibility for the hacking event after investigators had tracked her from an online forum. The lender has promised to notify all the affected persons and to provide credit monitoring and identity theft protection to those affected for free. Ms Thompson was charged with computer fraud in a Seattle court and a hearing is set for 1st August.
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