BP - Follow up - Dan Tebbutt

Dan Tebbutt has published a follow up to his previous article on BP published back in June:

"Back in June I wrote an article on BP expressing my belief that it was "worth a punt" at 400p. I subsequently put my money where my mouth is and put about 10% of my personal portfolio in BP shares at an average price of 354p (you can follow my trades as I make them on my blog). 6 weeks later the share price is at 400p again, but events have certainly moved on. Is 400p a reasonable price, or is BP still a bargain?..."

Read the full article on BP here.

Ocado - Public Offering (IPO)

Ocado, the online supermarket, will shortly be doing an Initial Public Offering (IPO), giving members of the public a chance to buy shares in them for the first time. I like the idea of buying shares in a business I know something about - and I've been buying my groceries from Ocado for more than 7 years, so they fit the bill nicely. Of course, as with any investment, price is all important - I‘ll only be buying their shares if they look cheap.

As part of an IPO, a company issues a prospectus, which should provide the basis of any decision to invest. It provides a lot of the information that a publicly listed company would put in their annual reports, and which aren't so easily available for a private firm....Read on

Shareworld Server attacked by Virus

Our server was recently attacked by an as yet, unknown virus which we believe was sending out unsolicited emails and attacking other servers in the data center where Shareworld resides.

As a result of this, we have been running on an old backup of Shareworld for the last few days. We have now moved to a backup dated 26-06-2010 but hopefully we will be able to recover a completely up to date version of the site in the next few days.

We are planning to FULLY investigate the virus, its source and all the details of this incident so that we can prevent it from happening in the future.

Lastly, we would like to apologise to all of our visitors for any inconvenience caused by these issues.

Shareworld Admin