Monday, 1 April 2013

For Michael ( Gold , Building and gas ) pardon me .

Finding builders in the ftse 100 is quite difficult ,ie there are none.
Land shares we have three

British Land Company
Land Securities Group
Hammerson .

My favoured of the three is the British  Land Company ,even though they have just raised £500 million.
My estimate of valuation ,was slightly in favour of this one.

If you would like a builder , I favour persimmon ,whom are just about to start returning cash to shareholders .All going through on this month`s vote .

As a small builder , I have a high regard for Inland Homes , although not on the ftse350 yet .


Good luck with your decisions ,

               Baz


Long term Investing ;

              I have as usual based this on history. remember the oil glut of the 50`s & 60 `s .
Neither do I . But , I have a vague recollection of the 70`s .
  This leads me to being a long term believer in the natural gas price upheaval. There are two good shares for this play , one being LNGA for us Brits and UNG for the Americans .Why will gas prices go up . It`s the usual story of too much demand and not enough supply , despite tales of america being inundated by the stuff
and that Britain has huge supplies near Blackpool , by all accounts.
   Everything , as we know to our cost , that once was believed to last forever . Never does . A shame , but true .

   Silver (why silver over gold ). Simple really , silver has industrial use and it`s ooooh so shiny.
Although there is more silver available 17m cubed of gold on the planet . By all accounts ,five times that of silver .
  One always comes back to it`s at present use up and throw away propensity . Obviously , by the time I am long gone this story will have changed . And silver will be as valued as gold , for it`s rarity .


  Enough Said ,

            Baz

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