Winners & Losers: Picking share winners is child's play
Friday 01 January 1999
Best performer was Filtronic, which makes components for mobile phone base stations. The strength of the telecoms sector pushed the shares 36 per cent higher.
Problem stocks included Carpetright, hit by weakening consumer spending, and Peptide Therapeutics, the biotech company which fell from favour.
This year we have opted for a slightly more sophisticated approach than sticking a pin in the paper. The class of 6b (10 and 11 year olds) at King Alfred's School in London - which includes the son of The Independent's Business and City Editor - was asked to select a portfolio of 10 shares, giving reasons in each case. Here they are.
Capital Radio, radio seems like a good business to be in. Ocean Group, liked the name. British Polythene Industries, because it has a good yield. British Steel, likewise and because it makes steel. Havelock Europa, no reason given. United Biscuits, because people like to eat biscuits. Vodafone,because the class mistook the p/e for the yield, which at 60 is indeed impressively high, but also because the mobile phone boom is expected to gather pace. Soco International, a play on the oil price, which is expected to recover. Independent Newspapers, because it publishes The Independent. Stoves Group, no reason given but presumably to anticipate an upturn in spending on household goods.
- 1 Malaysian cyclist could face disciplinary action after 'Save Gaza' gloves protest
- 2 Is Gideon Levy the most hated man in Israel or just the most heroic?
- 3 Fifty Shades of Grey trailer provokes moral outrage from US parenting groups
- 4 McDonald’s removes chicken nuggets from the menu in Hong Kong amid major food scare
- 5 Students offered grants if they tweet pro-Israeli propaganda
The 'scroungers’ fight back: The welfare claimants battling to alter stereotypes
Arizona execution lasts two hours as killer Joseph Wood left 'snorting and gasping' for air
Malaysia Airlines MH17 crash: Ukrainian military jet was flying close to passenger plane before it was shot down, says Russian officer
Malaysia Airlines MH17 crash: Massive rise in sale of British arms to Russia
Malaysia Airlines MH17 crash: victims’ bodies bundled in black bags and loaded onto trains
John Barrowman praised for Commonwealth Games opening ceremony gay kiss
iJobs Money & Business
£600 - £650 per day: Orgtel: Conduct Risk Liaison Manager - Banking - London -...
£18000 - £23000 per annum + Comission: SThree: SThree, International Recruitme...
£280 - £300 per day + competitive: Orgtel: Test Analyst, Edinburgh, Credit Ris...
£20000 - £25000 per annum + OTE £40,000: SThree: SThree Group have been well e...