A blog about stocks mostly. I love spotting and tipping stocks and I blog about my stock tips mostly but also write about the econ..
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Virgin Blue Holdings (VBA) - Report Meets Expectations
Published on 2010-08-26 03:39:00
Virgin Blue Holdings (VBA) is a turn around story that I have been looking at for quite some time but as you can see from the above chart, the share price has stubbornly failed to rally ever since they announced a revised 2010 profit guidance that was markedly lower than the previous guidance of $80m.Today the company reported a net profit before tax of $34.3 million on the back of $2.98 billion in revenue. The result was in the upper range of their revised guidance so their were no negative sur
US Is Facing A Double Dip
Published on 2010-08-24 17:30:00
For the last three weeks or so we have seen the Dow Jones Industrial Index slide from its peak at 10,700 but I have been holding back on calling another collapse simply because of the markets' volatile nature. Back in mid August I referred to the market being schizophrenic with volatile swings up when good economic news comes through and then hefty selling as soon as some negative data hits the news wires. Today we got news of some very disappointing housing data with existing home sales da
Wayne Swan Exposed
Published on 2010-08-23 16:27:00
