Ryder System: Still Too Cheap To Justify A Downgrade

Some stuff I am reading today morning: Govt gives tax relief to homeowners (BS) BOJ eases rate worries (MC) The popular ‘carry trade’ is unwinding (CNBC) India Inc feels the heat of Bangladesh crisis (FE) CS Setty is new SEBI Chairman (DH) Company: Edelweiss Alternatives (Forbes) The rotational bull market (Nooresh Merani) The Intelligent Gambler…

In the past decade, there are suggestions that China is on its way to surpass the US as the world’s preeminent superpower. Some even claim that China is the country the world will follow. People who believe this cite these points: The Chinese economy has grown rapidly while the West stagnated The perception that the…

About the only thing I know about markets at the moment is that if they are down heavily one day, they’ll probably be up the next. There’s plenty of uncertainty around as we await the elusive deal between Iran and the US. The CGT and negative gearing changes are also causing plenty of angst. The…

On 11 February, Public Service Enterprise Group (PEG) increased its dividend by 5.00%, from 60¢ to 63¢ per share.  The dividend is payable on 31 March to shareholders of record on 10 March.  PEG’s contribution to DivGro’s projected annual dividend income will increase by $18 to $378. I own 150 PEG shares at an average cost of $56.13 per…

The ‘Steroid Olympics’ is going public. No, really. The Enhanced Games, a new athletics competition where doping isn’t just allowed, it’s encouraged, announced this week it’s merging with a blank-cheque company in a US$1.2 billion deal. Backed by Peter Thiel and Donald Trump Jr, the venture promises ‘Super Bowl-level’ half-time shows, and athletes juiced to…