I think the RBS and Virgin Money share prices could double your money

first_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Alan Oscroft | Tuesday, 28th January, 2020 | More on: NWG VMUK Our 6 ‘Best Buys Now’ Shares I think the RBS and Virgin Money share prices could double your money 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. Alan Oscroft owns shares of Lloyds Banking Group. The Motley Fool UK has recommended Barclays and Lloyds Banking Group. 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. Enter Your Email Addresscenter_img Simply click below to discover how you can take advantage of this. Image source: Getty Images. Since the depths of the financial crisis, there have been two main ways to invest in a banking recovery. One is to buy shares in the big banks themselves, now that their balance sheets are a lot stronger.The other is to go for a challenger bank, which I think offers greater short-term growth prospects. I see more risk too, mind, and those who went for Metro Bank are probably regretting it. The Metro share price is down 95% in two years after a catalogue of horrors.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…If you’d invested in Virgin Money at the wrong time, you’d have been hit by the PPI scandal. The final cost turned out to be less than expected, but it was enough to result in a £232m pre-tax loss for the year to September 2019. But with that out of the way, analysts are predicting healthy profits for the current year. And forecast earnings would put the shares at a price-to-earnings ratio of only 7.6.The dividend would yield around 1.9%, but that would grow to 4% on 2021 forecasts.First quarterA Q1 update Tuesday shows no obvious problems I can see. The bank did, however, point out that “the UK banking market continues to face competitive pressures and uncertainty over the final Brexit settlement.” Oh, Boris, if only you hadn’t set that December deadline, we could be enjoying a return to economic optimism right now.Virgin saw a modest 1.6% growth in customer deposits, which seems fine. Mortgages did drop 0.8%, but it’s a tough market right now, and I’m not unduly concerned. Business lending grew 2.5% to £8.1bn for the quarter, and personal lending was up 3.7% to £5.2bn. I’m impressed by both of those figures.On the liquidity front, the bank’s common tier one equity did drop a little, but at 13.1% it’s still very healthy.I see a straightforward, well-managed retail bank here, with strong business and personal prospects. On today’s share price, I rate Virgin Money a buy.RecoveryTurning to the big banks, shares in Royal Bank of Scotland (LSE: RBS) spiked up immediately after the election. But like Lloyds and Barclays, they turned tail again after that post-election Brexit twist. Over the past five years, RBS shares are down 43%, for the biggest fall of the three.Results for 2019 are due on 14 February, and the forecast 75% rise in earnings per share puts the bank’s shares on a P/E of 9.3. That’s relatively healthy compared to the banking sector in recent years. But it still looks very low to me if RBS really is out of the woods.The share price fall has boosted the RBS dividend yield too. There’s a special on the cards for 2019, and forecasts for 2020 put the ordinary yield at 6.5%. It’s taken RBS a few years longer than Lloyds to get back to paying dividends. But from the initial 2.5% delivered in 2018, I see that as impressive progress.Is there any risk to the dividend? Well, predicted 2020 cover looks to be about 1.7 times. I think that’s fine, provided we don’t crash out of Europe without a good trade deal. But while that threat remains, the dividend must be at some continued risk.But overall, I see RBS as a buy with exciting growth and dividend potential. And I don’t think it will remain this cheap for much longer. 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. “This Stock Could Be Like Buying Amazon in 1997” See all posts by Alan Oscroftlast_img read more

Come to Limerick for the best chowder in Ireland

first_imgLIMERICK based chef Danny Martinez Doyle has won the title of All-Ireland Chowder Champion and brings the coveted national award back to Newcastle West for all to savour.Head Chef at Dan Cronin’s Bar and Bistro, Danny won the Limerick heat organised by Limerick Food Group, the Limerick Local Enterprise Office, and LIT, together with Innovate Limerick, and Limerick City and County Council to become the Limerick Champion last month.Sign up for the weekly Limerick Post newsletter Sign Up Last weekend, Danny brought his creation to Kinsale where he did battle with some 25 other professional chefs from all over the country all seeking top spot.With a public vote deciding the winner, the best chowder was judged by the ticket holders at the event with over 1,000 casting votes.Winning chef Danny Martinez Doyle said afterwards, “I never thought I’d win…it was great just to come here and cook, I can’t believe we’ve won!” The modest young chef and his team, when chosen, raised many a cheer from the crowd.Organiser Liam Edwards from the Good Food Circle thanked all, chefs and their teams for travelling to Kinsale and putting on such a fine display of seafood. “It is a great day for seafood, a great day for chowder, and a great day for everybody,” he said.See more Limerick news here Linkedin Email Advertisement Billy Lee names strong Limerick side to take on Wicklow in crucial Division 3 clash Limerick’s National Camogie League double header to be streamed live WhatsApp LimerickNewsCome to Limerick for the best chowder in IrelandBy Staff Reporter – April 25, 2018 1177 Twitter Previous articleLimerick promoters host new Trip to TippNext articleAdare Ryder Cup bid could bring millions to local economy Staff Reporterhttp://www.limerickpost.ie Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” Predictions on the future of learning discussed at Limerick Lifelong Learning Festival Facebook RELATED ARTICLESMORE FROM AUTHOR Limerick Ladies National Football League opener to be streamed live Limerick chef Danny Martinez Doyle after winning the All Ireland chowder competition in Kinsale WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Print TAGSAll Ireland ChowderChef Danny Martinez DoyleDan Cronin’s bar and bistrolimerickNewcastle West last_img read more

Abbey packs a career’s worth of highlights into championship-filled 2016 season

first_imgJeffrey Abbey (center) raced to his career-first Scoggin-Dickey Parts Center Southern SportMod national crown this season. He is pictured with Speedway Motors President Clay Smith at left and IMCA President Brett Root at right. Speedway Motors is title sponsor of IMCA Weekly Racing. (Photo by Bruce Badgley, Motorsports Photography)COMANCHE, Texas – Jeffrey Abbey packed a career’s worth of highlights into his fourth Scoggin-Dickey Parts Center Southern SportMod season.Along with the national championship, the Comanche, Texas, High School Senior won the division’s debut at the IMCA Speedway Motors Super Nationals fueled by Casey’s just four days after celebrating his 18th birthday.And while more than doubling his career win total in the class to 47, he paced track point races at Boyd Raceway and Kennedale Speedway Park while reigning again in Allstar Performance Texas State standings.“We had a good year last year and didn’t change much. We freshened the engine and freshened the shocks,” said Abbey, the national runner-up in 2015. “We came into this year hoping to get more wins and run for the national championship.”“I couldn’t pick out a season highlight. Winning Super Nationals and the national championship were both outstanding,” he continued. “And I ended the season winning the Bryan Mize Memorial at 85 Speedway. If you’d told me at the start of the year that I’d do all that, I wouldn’t have believed you.”Ten of Abbey’s point season checkers came at Boyd, seven more at KSP as he defended track titles at both. He also won twice at Red River Speedway and Southern Oklahoma Speedway, and once at both Heart O’ Texas Speedway and 85.He also ventured to Abilene Speedway for a $1,700 Southern Challenge payday in mid-October.“I like the competition in this class. It’s one of the toughest around,” Abbey stated matter-of-factly. “There are good cars no matter what track you go to.”Abbey’s older brother Dean is a two-time national champion in the same division and now races an Xtreme Motor Sports IMCA Modified, while younger brother Westin was most recently crowned champion of the EQ Cylinder Heads Southern Region for IMCA Sunoco Stock Cars.There’s a friendly competition between the three about who has the most wins or more big checks on display in the shop. Another brother, Steven, was the national Southern SportMod rookie of the year in 2009 and raced with Jeffrey at a post-season special in 2015. He works for Penske Racing where he is a data engineer and was on the pit stand every race this season for IndyCar Series champion Simon Pagenaud.“Southern SportMods are the first division I ran on dirt. Dean taught me everything I needed to know,” said Abbey, who has worked his way up from the go-kart, bandolero and legend classes. “We bounce ideas off each other and right now I’ve got things figured out.”He’ll attend Texas A & M this fall and plans to major in mechanical engineering.“I’m going to stay in the SportMod in the near future,” Abbey said, “But I will moved to a Modified. It’s only a matter of time.”Starts: 54Wins: 23Additional Top Fives: 25HIS CREW: Father Randy, brothers Dean and Westin, and Robert Scrivner. HIS SPONSORS: Abbey Racing of Comanche; Berta Built Bodies of Waco; 517 Designs of Whitney; TM Racing of Keller; Swenson Shocks of San Antonio; Brass Monkey Racing Products of Ada, Okla.; Tumbleweed BarBQue of Stephenville; Dynamic Drivelines of Des Moines, Iowa; and KS Engineering of Albert Lea, Minn.last_img read more

Black Cats line up Angeloni

first_imgSunderland manager Paolo Di Canio is closing in on a move to appoint Inter Milan’s Valentino Angeloni as his new head of scouting. However, the former Swindon boss has indicated he intends to bring in six or seven new faces this summer to re-shape a squad which only just avoided relegation last season, and he is keen to establish a new scouting system to facilitate a long-term rebuilding programme. Owner and chairman Ellis Short invested heavily in Scotland striker Steven Fletcher and England winger Adam Johnson last summer, handing then manager Martin O’Neill a total of around £22million to land his two main targets. However, Short is keen to adopt a more sustainable approach by, much like derby rivals Newcastle, targeting young talent with sell-on value. Angeloni was himself a professional player and made more than 350 career appearances after coming through the ranks at Sampdoria. He went on to work at Cremona, Torino and Udinese, but moved to Inter in March last year to head up the club’s scouting set-up. The Black Cats have already been actively sounding out potential signings with Basle midfielder Cabral and Maritimo defender Valentin Roberge among their initial targets. Press Associationcenter_img The Black Cats recently dispensed with the services of the vastly-experienced Bryan “Pop” Robson, and it is understood that Angeloni is being lined up as his replacement. Di Canio has wasted little time in recruiting his own staff having arrived at the Stadium of Light along with assistant manager Fabricio Piccareta and goalkeeping coach Domenico Doardo, and compatriot Roberto De Fanti is expected to take on the role of director of football. last_img read more

Badgers blow out helpless Hoosiers

first_imgBEN CLASSON/Herald photoBefore Indiana snapped the ball on offense, it was down a timeout and three points. It was merely a sign of the struggles to come. The Badgers (7-2, 3-2 Big Ten), behind an array of looks at running back who combined for 279 rushing yards, thumped the Hoosiers (5-4, 2-4 Big Ten) 33-3 Saturday at Camp Randall Stadium. P.J. Hill set the tempo early on, rushing for 57 yards on 12 carries and a first-quarter touchdown to give Wisconsin a 10-0 lead before leaving the game for good with what head coach Bret Bielema called a “bruised top of his foot.” In Hill’s place, sophomore Lance Smith rushed for a career-best 79 yards and two second-half touchdowns on 15 carries. From the outset, Indiana’s high-powered spread offense that had scored at least 14 points in every game this season looked lifeless. It went three-and-out on its first series — this after calling a timeout before its first offensive play — and managed 18 yards of total offense in the first quarter. “As an offense, it makes you a lot more comfortable and puts you in a comfort zone knowing that you can stick to your game plan and not get out of whack,” UW quarterback Tyler Donovan said of how the defense’s play allowed the offense to stick with the running game. Then the sloppy play set in. Indiana running back Josiah Sears fumbled away a drive on the Hoosiers’ next possession. It was one of five turnovers forced by the Badger defense — a unit that had seven takeaways on the season coming in. “We were creating those turnovers,” Bielema said. “You see guys attacking the football. … which carried over to turnovers. There were some big hits, sound collisions and two guys to the ball.” Wisconsin used a nine-play, 40-yard drive capped by a Taylor Mehlhaff 41-yard field goal to jump out to the early lead. Going back to what worked, the Badgers utilized nine rushes by Hill to charge down the field and build a two-possession lead when the sophomore tailback punched it in from inside the 1-yard line on fourth down. Thanks to Hill and company’s bruising runs, the Badgers controlled the ball for 12:21 in the opening frame, and 35:23 during the game. The defense did its part as well. Some of the biggest playmakers in the Big Ten — receiver James Hardy and quarterback Kellen Lewis — were held in check throughout. “The spread was basically haunting us all year and we came out great against them with a great quarterback and great receiver threat, and we came out ready to play, ready to take on that challenge,” linebacker Jonathan Casillas said.Hardy, who had 11 touchdowns and 748 receiving yards entering Saturday’s game, finished with a season-low 17 yards on four catches. He also fumbled away a reception when the Hoosiers were down 17-3 and driving in the third quarter. “With the defense, we really had the idea that we wanted [Indiana] to play left-handed,” Bielema said. “We wanted to take away what they do best, kind of dictate the flow of the game.”I thought our guys really flew to the football.”It appeared as though the Hoosiers’ string of bad luck was over when running back Marcus Thigpen dashed 84 yards into the end zone to cut the Badgers’ lead to 17-9. But it only worsened their predicament.Hardy was called for a holding penalty downfield, and Thigpen, who assumed the run counted, was penalized for unsportsmanlike conduct for his touchdown celebration. Instead of kicking the point after, Indiana faced a third-and-17 from its own 12-yard line. As was the trend all day — UW held IU to 4 of 14 on third down conversions — the Hoosiers were stopped and forced to punt. Linebacker DeAndre Levy doesn’t know if that play would have gone in Wisconsin’s favor a few weeks ago, given the defense’s struggles at that point in time. “That’s a play that never gets called back a few weeks back,” he said. “We’re looking, praying that it gets called back. But the (refs) made a good call catching Hardy on the [hold].”The Badgers wasted little time taking advantage of the Hoosiers’ errors, pounding the ball 78 yards to boost their lead to 24-3 on Smith’s 6-yard run.Lewis never got into a groove, finishing 17-of-33 with 113 passing yards and 59 rushing yards, zero touchdowns, two interceptions and a fumble. Then again, neither did Donovan. The UW senior signal caller failed to throw a touchdown pass for the second consecutive game and extended his streak of games with a pick to six. Late in the second quarter he stared down receiver Paul Hubbard and cornerback Tracy Porter stepped underneath to pick the pass off at the goal line. Indiana capitalized on Donovan’s mistake by scoring its only points of the day — a 49-yard field goal from the leg of Austin Starr on its ensuing possession. Freshman running back Zach Brown picked up his first collegiate touchdown in the second quarter to give Wisconsin a 17-0 lead. He finished with a personal best 40 yards on 14 carries. “He’s not a freshman anymore. He has really settled into the way he’s prepared,” Bielema said. “And the way he handled the game today, the way he ran the football, protecting it, speaks volumes for him in the future.”last_img read more