first_imgExcelsior United Development Companies Limited (EUDC.mu) listed on the Stock Exchange of Mauritius under the Retail sector has released it’s 2020 interim results for the half year.For more information about Excelsior United Development Companies Limited (EUDC.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Excelsior United Development Companies Limited (EUDC.mu) company page on AfricanFinancials.Document: Excelsior United Development Companies Limited (EUDC.mu)  2020 interim results for the half year.Company ProfileExcelsior United Development Companies Limited engages in the production, distribution and sale of alcoholic products such as rum, alcohol and vinegar products, in Mauritius and the Reunion island. The company operates through five segments which are, investments, property rental, beverages, commerce, and tourism segments. The Investments segment includes investments held in shares, the beverages segment is engaged in the production, import and sale of alcoholic products, the commerce segment is engaged in the import and distribution of tires, automotive lubricants and fire protection equipment and the Tourism segment is engaged in operating a hotel and provides travel and tourism services. Excelsior United Development Companies Limited operates through its subsidiaries Medine Distillery Company Limited, International Distillers (Mauritius) Limited, New Goodwill Company Limited, Concorde Tourist Guide Agency Limited, Southern Investments Limited and Compagnie Mauricienne de Commerce Limitee. Excelsior United Development Companies Limited is listed on the Stock Exchange of Mauritius.last_img read more

Clydestone (Ghana) Limited (CLYD.gh) HY2020 Interim Report

first_imgClydestone (Ghana) Limited (CLYD.gh) listed on the Ghana Stock Exchange under the Technology sector has released it’s 2020 interim results for the half year.For more information about Clydestone (Ghana) Limited (CLYD.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the Clydestone (Ghana) Limited (CLYD.gh) company page on AfricanFinancials.Document: Clydestone (Ghana) Limited (CLYD.gh)  2020 interim results for the half year.Company ProfileClydestone (Ghana) Limited is a global information and communications technology company with offices in Ghana, Nigeria and Kenya. The company uses cutting-edge innovations to provide information technology solutions for financial institutions involved in financial document processing, remittance processing and transaction switching. Its product range encompasses: G-Switch, an electronic payment platform; G-Secure, a card authentication programme; Remita, modular system for e-payments; UnionPay Processor; automated check clearing; ATM and cash processing; multi-vendor ATM software solutions and multi-factor authentication. Clydestone is a Principle Acquiring Member of UnionPay International and offers acquiring services to 19 banks in Africa and provides check truncation systems to 12 leading banks in Ghana. Clydestone (Ghana) Limited is listed on the Ghana Stock Exchangelast_img read more

Proplastics Limited (PROL.zw) 2020 Annual Report

first_imgProplastics Limited (PROL.zw) listed on the Zimbabwe Stock Exchange under the Industrial holding sector has released it’s 2020 annual report.For more information about Proplastics Limited reports, abridged reports, interim earnings results and earnings presentations visit the Proplastics Limited company page on AfricanFinancials.Indicative Share Trading Liquidity The total indicative share trading liquidity for Proplastics Limited (PROL.zw) in the past 12 months, as of 1st June 2021, is US$1.91M (ZWL159.16M). An average of US$159.43K (ZWL13.26M) per month.Proplastics Limited Annual Report DocumentCompany ProfileProplastics Limited manufactures and markets plastic pipes and fittings, specialising in the production of polyvinyl chloride (PVC), high-density polyethylene (HDPE), low-density polyethylene (LDPE) pipes and related fittings. The pipes and fittings are manufactured for various applications in irrigation, water and sewer reticulation, mining, telecommunications and building construction. Proflo is responsible for the supply of PVC pressure pipes and fittings, and polyethylene pipes and fittings, which includes injection molded fittings, fabricated fittings and ball valves. Prodrain supplies sewer pipes and fittings, soil vent and waste pipes and fittings, borehole casings, electrical conducts and cable ducting and gutter systems for rain water. Proplastics Limited is listed on the Zimbabwe Stock Exchangelast_img read more

Kenya Airways Limited (KQ.ke) 2020 Annual Report

first_imgKenya Airways Limited (KQ.ke) listed on the Nairobi Securities Exchange under the Transport sector has released it’s 2020 annual report.For more information about Kenya Airways Limited reports, abridged reports, interim earnings results and earnings presentations visit the Kenya Airways Limited company page on AfricanFinancials.Kenya Airways Limited Annual Report DocumentCompany ProfileKenya Airways Limited is the flag carrier airline of Kenya operating domestic, regional and international flights to destinations in Africa, the Middle East, Asia and Europe. The company was founded in 1977 after the dissolution of East African Airways and was wholly-owned by the government of Kenya until 1995 after which it was privatised. Kenya Airways is a public-private partnership where the largest shareholder is the government of Kenya (48.9%). Kenya Airways wholly-owns Jambojet, a low-cost carrier which was created in 2013; and African Cargo Handling Limited. Companies partly owned by Kenya Airways include Kenya Airfreight Handling Limited (51%) which handles perishable goods cargo; and Precision Air (41.23%) which is a Tanzanian carrier operation. Kenya Airways head office is in Nairobi, Kenya with its main operations based in Jomo Kenyatta International Airport. Kenya Airways Limited is listed on the Nairobi Securities Exchangelast_img read more

Retirement savings: 2 FTSE 100 dividend stocks I’d buy in an ISA in 2020

first_img With the FTSE 100 yielding 4.3% at the present time, there are a wide range of income opportunities through which to build a retirement savings portfolio.Certainly, the index faces a number of risks that could cause challenges in the short run. However, in the long run, its risk/reward ratio may prove to be highly rewarding.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…With that in mind, here are two FTSE 100 shares that appear to offer wide margins of safety alongside their high yields. They could deliver improving share price prospects after what have been uncertain periods for their industries.Taylor WimpeyHousebuilder Taylor Wimpey (LSE: TW) has reported resilient demand for its properties in the last few years. That’s despite consumer confidence in the UK being weak, and the macroeconomic outlook coming under pressure from political risks.Government policies such as Help to Buy and stamp duty changes for first-time buyers could continue to support high demand for new homes over the coming years. Although the new government is apparently yet to set out its economic plan, a continuation of policies that are supportive to the housebuilding industry could lead to favourable operating conditions for Taylor Wimpey and its peers.The business recently reported that it expects to maintain a net cash position in excess of £500m despite paying £600m in dividends in 2019. This shows that the company has a solid financial position through which to navigate potential challenges that may be ahead. Since it offers a dividend yield of 9.6% and trades on a price-to-earnings (P/E) ratio of 9.4, now could be the right time to buy a slice of the business for the long term.KingfisherAlso experiencing an uncertain period is FTSE 100 retailer Kingfisher (LSE: KGF). The DIY specialist’s recent results have shown that its operating conditions have been mixed across its various regions, which has contributed to weak sales and profit performance.The introduction of a new senior management team is set to produce a revised strategy for the business. In its most recent update, the company highlighted operational issues, such as challenges in its supply chain, that have held back its performance. They are likely to be its main focus in the near term, which could mean that it takes time for Kingfisher to improve its market position to generate higher returns.The stock currently trades on a P/E ratio of 11 and offers a dividend yield of 4.8%. While dividend growth and a return to a higher share price seem unlikely in the short run, the company has a strong position across a number of markets. Its margin of safety and the prospect of a revised strategy could lead to improved performance that boosts market sentiment and delivers a higher level of return for investors over the long run. Our 6 ‘Best Buys Now’ Shares I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Image source: Getty Images. “This Stock Could Be Like Buying Amazon in 1997” I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Peter Stephens owns shares of Taylor Wimpey. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Retirement savings: 2 FTSE 100 dividend stocks I’d buy in an ISA in 2020center_img Enter Your Email Address Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Peter Stephens | Wednesday, 8th January, 2020 | More on: KGF TW See all posts by Peter Stephenslast_img read more

Forget buy-to-let! I’d invest £10k in this FTSE 100 share instead

first_img “This Stock Could Be Like Buying Amazon in 1997” Manika Premsingh has no position in any of the shares mentioned. The Motley Fool UK has recommended Rightmove. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. See all posts by Manika Premsingh I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Forget buy-to-let! I’d invest £10k in this FTSE 100 share instead  Enter Your Email Address Our 6 ‘Best Buys Now’ Shares It can tempting to invest in buy-to-let properties. They could provide a secure income stream. Also, in a time of low interest rates, borrowing is inexpensive. But on the flipside, buying and maintaining properties is no easy task. There’s the actual selection and post-purchase upkeep of the property. Besides this, there’s administrative work involved and taxes to be paid.  Considering this, I’d look at the alternative of high-growth FTSE 100 stocks as well. And if I am really bullish on the property market, I’d specifically consider shares in the sector. What would otherwise be my down-payment, can become my investible capital instead. The average price of a house in the UK, according to HM Land Registry, was £235,298 in November last year. In order to fund such a purchase with borrowings, I’d have to make a down-payment of at least 5%. This amounts to £11,764, assuming I’m buying a house at the average price.  5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Investing opportunities abound If I put it in the stock market, let me assume the investible capital to be £10,000 for simplification. With this amount of capital, investing in growth stocks is likely to be quite rewarding. Consider the example of the FTSE 100 retailer JD Sports Fashion, which gave investors over 80% returns in one year alone, making it the best performing share in the set last year. The challenge in investing in equities is, of course, that it’s impossible to predict which stocks will be the fastest growing. To which I’d point out that there were plenty of other shares that offered fairly healthy capital appreciation in 2019. Steady rise Focusing specifically on the property sector, I’d like to draw your attention to FTSE 100 real estate portal Rightmove (LSE: RMV).  The most immediate reason I like the stock is that it’s run-up in the post-election period has been relatively muted. It spiked less than share prices of bricks and mortar real estate developers, which gives me confidence that its price is not as event-driven as it is by fundamentals. Moreover, RMV’s share price has been on the upswing for a long time. In fact, for risk-averse investors, this is a good stock to consider, because it’s seen a relatively steady increase over time. If I’d invested £10,000 in it in January 2015, my capital would have increased to £46,200 by now. More options to choose from Its financials look fine to me, which also gives me confidence in its future. Also, it appears that 2020 will be better for the real estate sector than 2019 was, going by the latest housing price updates. I’d hold my capital in the stock for these reasons. But if I really wanted to, I could still withdraw a deposit for a buy-to-let property and be left with a tidy sum of over £34k. If the share price continues to grow at the rate it has seen over the past five years, by 2025, my remaining capital would stand at almost £160k. And I’d have a buy-to-let property. It sounds like a good deal to me.   center_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Manika Premsingh | Tuesday, 28th January, 2020 | More on: RMV Image source: Getty Images. last_img read more

How to retire comfortably on cheap dividend stocks after the market crash

first_imgHow to retire comfortably on cheap dividend stocks after the market crash Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Image source: Getty Images. Buying dividend stocks following the recent market crash may seem to be a risky move. After all, the full impact of coronavirus on the world economy is yet to be fully known. Companies operating in a variety of regions could experience a slowdown in their growth rates, which may lead to reductions in their dividends.However, falling stock prices can present an opportunity to build a growing passive income stream over the coming years. By considering company fundamentals, diversifying and focusing on the long run, you can retire comfortably with dividend stocks.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Company fundamentalsAt the present time it is perhaps more important than ever to invest in high-quality businesses. They may be better able to cope with challenging economic conditions. This may mean there is less chance of them cutting dividend payments, and a higher chance of dividends rising over the medium term.As such, buying stocks which have modest debt levels, strong free cash flow and a wide economic moat could be a sound move. Doing so may reduce your risks when investing, and also maximise the rate at which your passive income grows in the global economy’s subsequent recovery.DiversityDiversifying across a number of stocks is a highly effective means of reducing your overall risk. It can significantly lower company-specific risk, which is the impact of one stock’s poor performance on your wider portfolio.At the present time, diversifying across multiple sectors and regions seems to be even more important than ever. For example, the oil and gas industry has experienced an exceptionally challenging few months. Although having exposure to it could be a worthwhile move in the long run, also owning other stocks in different industries may help to limit your possible losses over the coming months.With the cost of buying shares having fallen significantly in recent years, building a diverse portfolio is now more accessible for a broader range of investors. Therefore, it could be a sound means of improving the resilience of your passive income in retirement.Long-term focusIt is easy to become disillusioned, and even stressed, about the performance of your portfolio in the short run. That’s understandable, since market crashes can wipe significant amounts of value from your portfolio.However, such declines have occurred fairly regularly in the past. The stock market and global economy have always recovered from them to post strong growth and improving returns for investors.As such, adopting a long-term standpoint of your portfolio and passive income prospects could be a sound move. Certainly, there may be further difficulties ahead for the world economy. But, as the past performance of the stock market shows, buying dividend shares while they are relatively cheap and offer high yields can be a worthwhile means of generating a growing passive income in older age. See all posts by Peter Stephens Peter Stephens | Wednesday, 1st April, 2020 I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Enter Your Email Address Our 6 ‘Best Buys Now’ Shares I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool.last_img read more

Looking for more ISA income? I’d buy this 9.2% FTSE 100 yearly payout today!

first_img Image source: Getty Images. Cliffdarcy has no position in any of the shares mentioned. The Motley Fool UK has recommended Imperial Brands. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Simply click below to discover how you can take advantage of this. Enter Your Email Address Imagine this: you add an item to your Amazon wish-list and, just before you buy it, the price goes down. You’d be pleased, right? So why don’t people react the same way when, for example, FTSE 100 share prices go down instead of up? We all agree that lower prices are better for buyers, yes?A high income from a FTSE 100 pillarIf you aim to be a net buyer of shares for a while, then falling share prices give you an opportunity. They allow you to buy even more shares in, say, your favourite FTSE 100 firms. Take multinational tobacco company and FTSE 100 stalwart Imperial Brands (LSE: IMB), which makes JPS, Gauloises, and Winston cigarettes, as well as tobacco, cigars, and rolling papers.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Imperial was born in Bristol in 1901 (the year Queen Victoria died) and is almost 120 years old. Of course, as Imperial sells an addictive product that eventually kills consumers, this share is firmly off the menu if you’re following an ethical investing strategy.The numbers behind this £14.3bn giant are staggering. It has around 32,000 employees, operates 50 factories, and sells its products in more than 160 countries. In its latest financial year, Imperial’s revenues of over £31.6bn produced operating income of almost £2.2bn.By market share, Imperial is the world’s fourth-largest cigarette manufacturer, rolling out a staggering third of a trillion fags each year. That’s more than 40 cigarettes per person on the planet!Lower share price? Or higher dividend yield?On 1 April, I urged investors to buy shares in Imperial at 1,540p for their double-digit dividend yield. As I said at the time, “Its current dividend yield is a whopping 13.4%. Even were this halved to 6.7%, it would still be attractive to income investors”.On 15 May, I repeated my advice to buy Imperial shares. Here’s the gist of what I wrote three weeks ago: “Imperial Brands…share price [is] 1,635p…[for] an incredibly high yearly dividend of around 13%. And remember that’s a yearly payout in good, old-fashioned cash. Even were it to halve to 6.5% a year, it would still beat most income-generating assets hands down”.Four days later, this Imperial duly obliged, announcing on 19 May that it was cutting its half-year dividend by exactly a third, reducing it to 41.7p from 62.56p a share. That said, half-year revenues did rise 2% year on year, so Imperial’s sales are still slowly growing. Imperial now has £14.1bn of net (cheap) debt, which it plans to start paying down with these dividend savings.For the third time, I argue that, in a world of zero and negative interest rates, this share looks attractive for income-seeking investors. Imperial is a simple, global FTSE 100 business whose shares at 1,503p offer a forward dividend yield of nearly 9.2% a year. Even better, its implied full-year dividend of 137.7p per share should be well-covered by earnings per share as high as 260p.Finally, this was Imperial’s first dividend cut in 24 years, so I’m expecting its payout to rise gradually from here on. With Imperial’s share price down a third from its 2019–20 high of 2,256p, I believe now is a ‘smoking’ time to buy!center_img Our 6 ‘Best Buys Now’ Shares Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Cliff D’Arcy | Tuesday, 9th June, 2020 | More on: IMB Looking for more ISA income? I’d buy this 9.2% FTSE 100 yearly payout today! See all posts by Cliff D’Arcy “This Stock Could Be Like Buying Amazon in 1997”last_img read more

Best UK share: I think it’s a rare opportunity to buy this FTSE 100 stock at a low price

first_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Enter Your Email Address Best UK share: I think it’s a rare opportunity to buy this FTSE 100 stock at a low price See all posts by Manika Premsingh “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Image source: Getty Images. center_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. Manika Premsingh | Monday, 29th June, 2020 | More on: SN Our 6 ‘Best Buys Now’ Shares I reckon that the best UK shares to buy now are those that are still recovering from the stock market crash. They aren’t easy to come by now, though. The FTSE 100 index has made consistent gains in the last two months. It rose 4% in May and has seen an almost 5% increase in June. As a result many shares’ prices are back to their pre-crash levels. But for the eagle-eyed investor, there are still some good buys to be made. Think about this. Sure, the FTSE 100 index has risen, but it’s still not at the pre-crash levels. As a matter of fact, it’s 17% lower in June than in January. This means that at least some FTSE 100 shares are still at muted prices. Some of these were underperformers even before the stock market crash occurred. But there are others too. These ones have been hit disproportionately by the corona crisis. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Best UK share to buy in the recessionOne of them is medical devices manufacturer Smith & Nephew (LSE: SN). Typically , it would be relatively insulated in a recession. Healthcare spending is less likely to be hit during such times than say, spending on luxury goods and holidays. As a result, stocks like healthcare are among the best UK shares to hold during economic slowdowns. But this recession is an exception. It has gone hand in hand with cross-country lockdowns. As a result, elective surgeries have taken a backseat. Some of SN’s products are associated with these. For instance, it manufactures knee and hip implants for replacement surgeries, which aren’t always urgent even if they are important. Expect a bounce backSmith & Nephew’s performance has been hit because of this. It showed a 7.6% revenue fall in the first quarter of the year. With lockdowns easing only well into the second quarter, I think investors should be prepared for one more poor update. After that, though, I think it will bounce back. It has been a profit-making company in the past, and much like other companies, its 2020 performance should be seen as a blip.SN’s share price sensitivity can also be high. I wrote about it in October last year, after it fell 8% in a day on the sudden news that it’s then CEO, Kamal Nawana, had resigned. However, his replacement was appointed quickly and the stock price was well on it’s way up again. Covid-19 and the ensuing stock market crash have taken the wind out of its sails, for sure. But I do think that the share has the potential to start rising fast again. Until then, I think it’s one of the best UK shares to consider buying. At its last close, the SN share price was at £15.2, which is 23% below the highs seen earlier in 2020. I think it’s only a matter of time before FTSE 100 investors see its potential. I’d buy SN before that happens, and its price starts running up. Manika Premsingh has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.last_img read more

Bitcoin is above $10,000! Here’s why I’d ignore the hype and buy cheap FTSE 100 shares instead

first_img Harvey Jones has no position in any of the shares mentioned. The Motley Fool UK has recommended Diageo, GlaxoSmithKline, Prudential, and Unilever. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Enter Your Email Address Click here to claim your free copy of this special investing report now! Our 6 ‘Best Buys Now’ Shares I think now’s a great time to buy cheap FTSE 100 shares. But plenty of people disagree and are rushing into crypto-currency Bitcoin instead. The price has just topped $10,000, sparking a rash of publicity, as it always does when it smashes through some symbolic number.The FTSE 100 is flirting with its own symbolic number, hovering just above 6,000. If it falls through that, we can expect yet another rash of gloomy headlines. In both cases, you need to look beyond the short-term hype, and consider the long-term advantages of investing in these two very different asset classes.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The FTSE 100 looks cheap right now, trading almost 20% below its January high of 7,674. There’s a reason for that. The UK’s GDP plummeted by an unthinkable 20.4% during April’s lockdown, the largest fall since monthly records began 23 years ago. The recovery has begun, but it’ll be slow, amid nervousness and confusion about social distancing rules.You can keep your BitcoinDozens of companies on the index have cut or suspended their dividends. Profits have plunged. Certain sectors, notably travel and entertainment, face an existential crisis. Yet history shows it’s at times like these investors enjoy the greatest opportunities.In a crash, financially sound companies get sold off along with the strugglers. There are cheap FTSE 100 shares all over the place. Some of these companies may take a short-term hit, but their long-term future is solid.Top UK blue-chips such as AstraZeneca, Diageo, GlaxoSmithKline, National Grid, Phoenix Group Holdings, Prudential, Rio Tinto, Unilever and United Utilities Group are just a few that spring to mind. There are plenty more out there.Many of these continue to pay dividends. That’s not to be sniffed at, given today’s near-zero interest rates. Especially when these FTSE 100 shares are so cheap. Better still, they’re plugged into the real-world economy, and will benefit when the pandemic eases and activity picks up.I still see little connection between Bitcoin and the real world. Has anyone yet found a unique practical use for this crypto yet? I haven’t seen it. This is a radical innovation, with no USP. It doesn’t even fill a gap in the market.I’d buy cheap FTSE 100 shares todayBitcoin is purely a play on its own volatility. A trader’s toy. Price movements are driven almost entirely by sentiment. The only use I can see is getting your money out of an embattled country before authorities impose capital controls, or the economy goes into meltdown.So the news that it’s climbed above $10,000 is neither here nor there. It did the same in June last year. Everyone got excited too. I can’t, not any longer.I’m so over Bitcoin. I prefer to buy the shares FTSE 100 companies that offer products or services real people want to buy today. Particularly when those shares are cheap, as now. This is how I plan to build my wealth for the future.Not by gambling on Bitcoin. Markets around the world are reeling from the coronavirus pandemic…And with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be daunting prospect during such unprecedented times.Fortunately, The Motley Fool is here to help: our UK Chief Investment Officer and his analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global lock-down…You see, here at The Motley Fool we don’t believe “over-trading” is the right path to financial freedom in retirement; instead, we advocate buying and holding (for AT LEAST three to five years) 15 or more quality companies, with shareholder-focused management teams at the helm.That’s why we’re sharing the names of all five of these companies in a special investing report that you can download today for FREE. If you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio, and that you can consider building a position in all five right away. Harvey Jones | Monday, 27th July, 2020 5 Stocks For Trying To Build Wealth After 50center_img Bitcoin is above $10,000! Here’s why I’d ignore the hype and buy cheap FTSE 100 shares instead Image source: Getty Images. See all posts by Harvey Jones Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. 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