By John Phelps
City experts believe we should be in for an easy ride this year as we
launch our new portfolio of six shares for 2014 in an attempt to beat the
performance of the FTSE 100 share index for the 12th successive year since
we began our portfolio service back in January 2003.
Virtually all brokers believe that the next 12 months will see the
benchmark index finally top the record 6930 mark it hit before the dotcom
bubble burst at the end of 1999… SNIP
Renewable energy group Infinis, chaired by former SSE boss Ian Marchant,
has seen its share price tumble more than 15% since it made its stock
market debut in November.
Reasons are not hard to find, with the UK Government warning of cutbacks to
green subsidies and the firm’s directors talking of uncertainties over its
heavy investment in Scotland ahead of the independence vote.
But brokers at Beaufort believe that fears have been overdone, pointing out
that directors had planned their current expansion programme in expectation
of cuts to their financial inducements, and that the company is able to
afford generous dividend payments from cash flow.
At current levels, the shares look set to reward buyers with £8 in
dividends for every £100 invested, which is among the highest yields
currently available for income-seekers.
Glasgow-based Smart Metering Systems also suffered from UK Government cuts,
its shares taking a sharp knock on news of further delays to a mandatory
meter installation programme for households.
But followers say the company could gain from the delay as it frees up
capacity for the more lucrative market in supplying commercial and
industrial premises. The group recently announced a 43% jump in recurring
rental income in the first half of the year.
We tipped shares in Scottish cloud computing specialist Iomart…SNIP
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