Posts Tagged ‘deficit’

Sell BT, Buy CWC.

Friday, May 27th, 2011

It is time to take profits on BT (recommended at 135p in November 2008) and switch into another share in the telecoms sector.  CWC is currently unloved by the stockmarket but trades on a cheap EV/Ebitda valuation with an 11% dividend yield and has assets including a strategically important undersea telecommunications cable network.

My Twitter Feed
  • Euro-zone banks have left €198 bln on deposit of the net €213 bln they borrowed from the ECB last week. Play "follow the money" in 2012. 2011-12-29
  • The ECB is going to stop the rot by bailing out euro-zone banks with its 3-year Longer-Term Refinancing Operations, starting on 20th Dec 11. 2011-12-13
  • Now that every Euro-zone country's debt is widening against Bunds, the ECB is going to be forced to act to save the banks from insolvency. 2011-11-17
  • More updates...
Disclaimer
These are my own thoughts and opinions. They are based on considerable experience but in no way constitute investment advice and should not be taken as such, ever. This content is intended solely for the diversion of the reader, and me.