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01 November 2014
UNCERTAINTIES

The world is in a strange place at the moment with uncertainties everywhere around the globe. Adding in the huge drop in Oil prices in the past few weeks just adds clouds to the fog. Yes, the major indices have rebounded in the last few days but it is not clear where they are going. Many bargains are now available particularly in the Oil sector where takeover activity is starting to emerge as traditionally when the oil price is low companies buy reserves in the stock market rather than through the drill bit.

Careful examination of any possible investment will be required as in this climate the bottom is not easily discernable. As ever concentrate on value as in the end it is this that will carry you to success.

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