MaxMarioni
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MaxMarioni's Insights

Insights for 2016

Topics: Gas, Oil
Other Insights on Related Shares: BP..L
Related Shares: Bp Share Price

BP closes the year with news of one of the biggest deals in the energy sector this year. The British oil companyhas signed a deal which has has made it a shareholder in Abu Dhabi's onshore oil concession, in exchange for which the emirate's oil company gainsownership of a 2% stake in BP. BP obtains, in this way a 10% stake in ADCO, the state-owned Abu Dhabi Company for Onshore Petroleum Operations Limited,the outfit which operates these oil fields. The oil fieldthought to be part of one of the largest oil field concessions in the emirate, and one of the last few big oil concessions available in the Middle East. The total deal is estimated to be worth a total of £1.8 billion ($ 2.2 billion). (Read more)

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Glencore is the leader of a consortium that, together with Qatar's global sovereign fund, Qia, bought a 19.5% stake in Rosneft, the Russian oil company. Rosneft is one of the leading Russian blue chip companies, and the flotation is part of a process to partially privatise the oil company, in a bid to reduce the debt level of the Russian state, hit by the twin storms of falling oil prices amid economic sanctions imposed following events in Crimea and Eastern Ukraine. News of the deal, worth 10.5 million Euros, was welcomed by investors, and sent the Russian stock price shooting up by over 5% on the Moscow stock exchange. (Read more)

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Gold fever is declining. Other raw materials such as industrial metals however, are rallying, suggesting that the long downward cycle that has hit the industry is coming to an end. Goldman Sachs is convinced of this: for the first time in four years, it is urging investors to put their money into commodities. Just look at miners' reversals in performance: AngloAmerican has quietly abandoned its asset disposal plan which was announced only this February, showing that the goal of reducing debt is already on the way to being achieved. In the last months, raw material prices have strengthened, often with double-digit if not triple-digit rises. In the US, following Donald Trump's election to the White House, stocks belonging to the natural resources sectors were the ones who saw the biggest increase amid the post-election rally, with an 11% rise for the Eurostoxx sub-index against 8.3% for the Dow Jones. Since the January lows, Anglo and the other four big mining titles (BHP Billiton, Rio Tinto, Vale and Glencore) have more than doubled their market capitalisation. Also Glencore has stated they will restart dividend payments in 2017. In fact, Anglo and Glencore may soon regain their status as income stocks. But investors looking for a reliable, rising dividend income will remember how easily these payouts were cut. Back in January, it was been a surprise gold rally whichbrought the attention ofinvestors to commodities. But the precious metal, after a brief rally that immediately followed Trump's shock election victory seems to have fallen out of favor. With the Federal Reserve now ready to raise the cost of money, the dollar reaching its highest level in 13 years, and Wall Street churning out new records every week, bullion has lost its appeal among investors.Gold ETFs - which had grown to record-breaking pace in early 2016, are falling without interruption. If gold is losing its shine, its rise during the year to date is still 12%. But the less noble metals are shining brighter: almost all non-ferrous are up by over 20% in 2016, with zinc, nickel, aluminum and tin rising to multi-year highs on the London Metal Exchange. Even copper eventually joined the rally, overtaking the 6 thousand dollars per ton. Even more spectacular is the performance of other industrial commodities, especially those used in the steel industry, such as coke coal, which appreciated by over 300% this year, and iron ore, which has gained more than 60%, reaching the highest since two years.   (Read more)

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The chancellor of the Exchequer has delivered the autumn statement to the house of commons, containing the main points of the government's economic policy for the next year until the new budget in spring. But how does the statement impact investors on the stock market and in other areas, and what are the key announcements impacting stock holders? (Read more)

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Posted by MaxMarioni on 20 November 2016, 7:14 PM

Rolls-Royce runs aground

Other Insights on Related Shares: RR..L

Roll-Royce holdings has run into trouble following the admission of disappointing results and reports that its previous profits were partly the result of using non-standard accounting standards. The engineering giant left almost 6% on the ground on Friday, and analysts' weekly estimates show a collapse in the stock compared to the FTSE 100 index in the same period. Furthermore, analysts expect the negative trend to continue and for Rolls-Royce Holdings to close to a new low of £676,1 compared to the high of £757,5. (Read more)

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The owner of British Airways, International Airlines Group (IAG), is the giant of European skies, born from the merger of Iberia and British Airways: its portfolio includes Aer Llingus and Vueling as well. This aviation behemoth has announced it is suffering from the sterling depreciation induced by the Brexit vote, and has launched a new profit warning. The group reports its earnings in Euro but the majority of its revenue is generated through British Airways, and hence its income is mainly in sterling. The London-based company forecasts that it will end the fiscal year with an anticipated operating profit of about 2.5 billion Euros ($2.7 billion), an increase of about 7% from the 2.34 % reported last year. (Read more)

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In a week when Pound Sterling touched a 30-year low and by Friday close had fallen by almost 1.5 percent to $1.2434, stock investments provided the only positive notes in a dismal week for the UK's economy. More precisely, the UK stocks have to be divided in two different camps of winners and losers. On the whole, the FTSE 100 index climbed close to a record high on Tuesday, and shares also gained on Friday as stocks recovered from the flash crash. The winners were mainly companies that get a share of their revenues from outside Britain who rallied, carrying the rest of the market and covering for the losses of the losers. Companies operating in some market sectors did better than others: the FTSE 350 Industrial Metals & Mining Index, for example, had its best weekly performance since spring. (Read more)

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In a week when Pound Sterling touched a 30-year low and by Friday close had fallen by almost 1.5 percent to $1.2434, stock investments provided the only positive notes in a dismal week for the UK's economy. More precisely, the UK stocks have to be divided in two different camps of winners and losers. On the whole, the FTSE 100 index climbed close to a record high on Tuesday, and shares also gained on Friday as stocks recovered from the flash crash. The winners were mainly companies that get a share of their revenues from outside Britain who rallied, carrying the rest of the market and covering for the losses of the losers. Companies operating in some market sectors did better than others: the FTSE 350 Industrial Metals & Mining Index, for example, had its best weekly performance since spring. (Read more)

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Other Insights on Related Shares: SAB.L
Related Shares: DisplayName Share Price

It has been referred to as one of the biggest corporate mergers in history, a milestone to set the example for future megadeals of its kind. Worth over $100 billion, the takeover of SAB Miller by rival Anheuser-Busch InBev was finally approved on Wednesday 26th September by a majority of SAB Miller shareholders large enough to officially sanction the deal, after months of complex negotiations. (Read more)

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Posted by MaxMarioni on 18 September 2016, 9:00 PM

BAE Systems Targeting Growth in Cyber Security

Other Insights on Related Shares: BA..L
Related Shares: Bae Systems Share Price

Defence is one of the sectors of the economy which never goes out of fashion, and actually is set to profit in times of global uncertainty and insecurity as governments maintain or increase defence and security-related spending. BAE Systems (BA.L) has managed to build itself an enviable reputation in the defence and aerospace sector as well as a truly global sector brand, on a par with Lockheed marting and Boeing, for example. Its vision is to be the number one international defence, aerospace and security company. (Read more)

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