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Article: Left on the table.
- Article from:
- Investors Chronicle - magazine and web content
- Article date:
- October 28, 2008
CopyrightCOPYRIGHT 2008 FT Business. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Mr Bearbull
COLUMNIST: Good money is being left on the table among London's takeover situations, says Mr Bearbull
Okay, who says there are no buying opportunities in today's fear-ravaged equity markets? This week I put GBP70,000-worth of the Bearbull Speculative Portfolio's cash into two situations that look odds-on to make outstanding returns. The beauty - and the rarity - of these two is that I knew my exit price in advance, which takes almost all risk out of the investment. What's fuzzier is exactly when I will get my pay back. However, 31 January next year seems a plausible date, in which case I would get a 20 per cent annualised return from ...