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Bruce Packard

@brucebsky.bsky.social
111 followers 82 following 82 posts

Analysing financial stuff in the UK. Sometimes for Moneyweek, Sharepad or others.

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Bruce Packard @brucebsky.bsky.social · 29/01/2026
knowledge.sharescope.co.uk/2026/01/21/b... a look at the causes of volatility in the natural gas price, and what this might signal for equity markets. Companies covered #CKN, #EYE, #CTG.
knowledge.sharescope.co.uk
Bi-Weekly Market Commentary | 21/01/2026 | CKN, EYE, CTG | Natural Gas snaps back - ShareScope Articles
Bruce takes a look at the causes of volatility in the natural gas price, and what this might signal for equity markets.  Companies covered CKN, EYE, CTG.
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Bruce Packard @brucebsky.bsky.social · 03/12/2025
knowledge.sharescope.co.uk/2025/11/26/b... #JMAT #CML #SAA #SFOR
knowledge.sharescope.co.uk
Bi-Weekly Market Commentary | 26/11/2025 | JMAT, CML, SAA, SFOR | The outlook for Government Debt - ShareScope Articles
Bruce takes a look at how liquidity trends in international government bond markets might be spilling over to equities markets.  Companies covered: JMAT, CML,
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Bruce Packard @brucebsky.bsky.social · 26/11/2025
Black Friday offer for Sharescope. New and returning subscribers 30% OFF ANNUAL SUBSCRIPTIONS for ShareScope. www.sharescope.co.uk/sharescope.jsp sign up then add my special code bpbf25 into the blue promo code box on the basket view screen before you check out. Offer ends Sun 7th Dec.
sharescope.co.uk
ShareScope
Voted Best Investment Software. Join thousands of successful investors today
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Bruce Packard @brucebsky.bsky.social · 19/11/2025
Careful now. I think she has some connection with MI6 www.youtube.com/watch?v=mwce...
youtube.com
Former MI6 Chief Richard Moore on China, Putin and Spycraft | The Mishal Husain Show
YouTube video by Bloomberg Podcasts
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Bruce Packard @brucebsky.bsky.social · 19/11/2025
My latest for Sharescope knowledge.sharescope.co.uk/2025/11/12/b... #DGE sales struggling in China, #CWR hydrogen finally coming good? And #SOLI finding a floor
knowledge.sharescope.co.uk
Bi-Weekly Market Commentary | 12/11/2025 | DGE, CWR and SOLI | Post Presentation Performance - ShareScope Articles
Bruce Packard reviews how past Mello London presenters have performed, revealing funds outpacing most small-cap companies. He also analyses updates from
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Bruce Packard @brucebsky.bsky.social · 19/11/2025
I notice "healthy correction" is EXACTLY the phrase Bobby D just used youtu.be/erji0qig8EU?... TIN HAT TIME!!!!
youtu.be
'A Healthy Correction' | Bob Diamond Shares Thoughts On $1.6 Trillion Selloff
YouTube video by Bloomberg Podcasts
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Bruce Packard @brucebsky.bsky.social · 18/11/2025
So it went from: "who cares about low quality over priced IPOs that never had any hope of making profits" to: "Oh. Ah. Debt defaults in airlines and telcos. Fraud. Are life insurers bust? Corporate pension return assumptions are way too optimistic. World is ending. But let's invade Iraq anyway."
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Bruce Packard @brucebsky.bsky.social · 18/11/2025
My charts don't go back that far. But I think the Nasdaq peaked 6 months before the FTSE? People thought there was a "healthy correction", late 2000/early 2001... but then Sept 11 happened and Enron and the other TMTs turned out to be a fraud. Frank Quatrone investigated for CSFB emails etc
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Bruce Packard @brucebsky.bsky.social · 22/10/2025
Photo credit Jeremy Bishop unsplash.com/@jeremybishop
unsplash.com
Jeremy Bishop (@jeremybishop) | Unsplash Photo Community
See 1,039 of the best free to download photos, images, and wallpapers by Jeremy Bishop on Unsplash.
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Bruce Packard @brucebsky.bsky.social · 22/10/2025
knowledge.sharescope.co.uk/2025/10/15/b... companies covered #DIA, #IHC & #TSTL Riding the wave across the pond, and mixing my metaphors with US bubbles versus UK outflows
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Bruce Packard @brucebsky.bsky.social · 20/09/2025
moneyweek.com/investments/... #OCN #HAN
moneyweek.com
Three poor deals for trust investors
Small shareholders need protection in related-party deals, says Bruce Packard
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Bruce Packard @brucebsky.bsky.social · 10/09/2025
moneyweek.com/investments/... #BGEO #TBCG
moneyweek.com
When buying bank stocks, think small for the best value
Bankers love to build bloated global empires, but that rarely rewards their investors, says Bruce Packard
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Bruce Packard @brucebsky.bsky.social · 02/09/2025
At least you're not "cautiously optimistic" - a phrase that became the equivalent of "strong balance sheet" in 2007/8.
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Bruce Packard @brucebsky.bsky.social · 29/08/2025
See also, this map from www.visualcapitalist.com/mapped-renew... Renewable energy share across Europe
visualcapitalist.com
Mapped: Renewable Electricity’s Share Across Europe
Albania and Norway generate nearly 100% of their electricity from renewables, while the EU average is around 42%.
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Bruce Packard @brucebsky.bsky.social · 29/08/2025
With Natural Gas down -20% YTD, renewable energy sources could be replacing demand for fossil fuels, reducing risk of 70’s style stagflation. Companies covered PLUS, MHA and ZTF.https://knowledge.sharescope.co.uk/2025/08/20/bi-weekly-market-commentary-20-08-2025-plus-mha-ztf-a-look-at-energy-costs
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Bruce Packard @brucebsky.bsky.social · 13/08/2025
knowledge.sharescope.co.uk/2025/08/06/b... A look at the valuations achieved by US-listed dog walking apps, Wag and Rover. Companies covered #STVG, #GRG, #CBG and #OCN.
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Bruce Packard @brucebsky.bsky.social · 04/08/2025
I was at Iron Maiden playing live in Berlin and stood next to a father and his teenage son. Not quite "Bring your daughter to the slaughter" ...but almost
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Bruce Packard @brucebsky.bsky.social · 04/08/2025
UK banks have had a strong 18 months AND it is the lowest quality banks, #MTRO +240% and #NWG +138% that have performed best. You read it here first in 2022: moneyweek.com/investments/...
moneyweek.com
When to buy shares in NatWest, Britain's worst bank
Rising interest rates should lift profits for the banking sector if inflation doesn’t get out of control, says Bruce Packard.
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Bruce Packard @brucebsky.bsky.social · 01/08/2025
#FTC Bored of reading all the doom and gloom about the UK and #AIM stocks? Here's an AIM listed UK tech success story! moneyweek.com/investments/...
moneyweek.com
Filtronic: a UK success story cashing in on the space race
Filtronic has become an all-too-rare Aim success story since it moved down to the junior market
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Bruce Packard @brucebsky.bsky.social · 30/07/2025
knowledge.sharescope.co.uk/2025/07/23/b... Companies covered #DOCS, #BKS, #CRL
knowledge.sharescope.co.uk
Bi-Weekly Market Commentary | 23/07/2025 | DOCS, BKS, CRL | Gilts to crowd out UK mortgages? - ShareScope Articles
The FTSE 100 rose to just above 9,000, up +0.8% in the last 5 trading days. The Nasdaq 100 was up +1.4% while the S&P 500 was up +0.6% over the same time
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Bruce Packard @brucebsky.bsky.social · 26/07/2025
An Israeli family office (possibly Mirilashvili?) wanted to commit the final $2 million to his $100m seed round... ... for a chap whose parents are from Iran.
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Bruce Packard @brucebsky.bsky.social · 26/07/2025
joincolossus.com/article/ramt... "Marc Andreessen, Chris Dixon, David Sacks, Keith Rabois, Michael Ovitz, Kevin Hartz, Bill Ackman, Stanley Druckenmiller, and Kevin Warsh bought 20% of his management company, for $10m" Blimey.
joincolossus.com
The Man With the Hot Hand
The dizzying rise, brief fall, and white-hot resurgence of Abstract’s 34-year-old Founder, Ramtin Naimi
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Reposted by Bruce Packard
Dan Davies @dsquareddigest.bsky.social · 25/07/2025
It's up! A delicately and subtly lawyered review of whether or not there was something kind of scuffed going on in LIBOR rates trading. www.ft.com/content/9a72...
ft.com
Revisiting some chat transcripts after Tom Hayes’ exoneration
What are the lessons of the Libor scandal?
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Bruce Packard @brucebsky.bsky.social · 22/07/2025
We could cancel all weekends and public holidays - which would be "good for the economy" and terrible for actual people.
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Bruce Packard @brucebsky.bsky.social · 16/07/2025
knowledge.sharescope.co.uk/2025/07/09/b...
knowledge.sharescope.co.uk
Bi-Weekly Market Commentary | 09/07/2025 | MANO, AOM | Are we asking the right questions about LLMs? - ShareScope Articles
How confident can we be that the tech companies spending hundreds of billions of capex on LLM will generate adequate returns? Companies covered MANO and AOM.
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Bruce Packard @brucebsky.bsky.social · 07/07/2025
When I started work in equity research, I had to learn to think in UK bank balance sheet amounts, and that now helps me visualise orders of magnitude.
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Reposted by Bruce Packard
Peter Walker @peterwalker99.bsky.social · 07/07/2025
NEW: Big study of low-traffic neighbourhoods in London suggest they cut road injuries and deaths by more than a third within their boundaries with no apparent negative safety effect on nearby roads. This feels a *major* boost for proponents of such schemes. www.theguardian.com/world/2025/j...
theguardian.com
London’s low-traffic zones ‘cut deaths and injuries by more than a third’
Exclusive: Study also finds no change in number of casualties on roads just outside low-traffic neighbourhoods
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Bruce Packard @brucebsky.bsky.social · 27/06/2025
Funnily enough, Gary Lineker sent his son to Charterhouse. Despite having some excellent teachers who managed to get me into Durham, young George Lineker failed to get into university. www.dailymail.co.uk/tvshowbiz/ar...
dailymail.co.uk
Party-loving George Lineker fails to get into university (but dad Gary insists school is to blame)
Some might say that a hard-partying lifestyle is not the ideal preparation for exam success, but Gary Lineker’s fun-loving son George prefers to blame disappointing A level results on his £25,000-a-ye...
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Bruce Packard @brucebsky.bsky.social · 27/06/2025
This already happened in finance 20 years ago. Algo's beat human traders, but then algo's had to compete against other algo's. We're now just seeing the same tech applied to job hunting and dating websites.
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Bruce Packard @brucebsky.bsky.social · 27/06/2025
Aha - I should have guessed that you are a fan of Mary Douglas' Cultural Theory of Risk amzn.eu/d/8QlPSfI
amzn.eu
Purity and Danger: An Analysis of Concepts of Pollution and Taboo (Routledge Classics)
Buy Purity and Danger: An Analysis of Concepts of Pollution and Taboo (Routledge Classics) 1 by Douglas, Mary (ISBN: 9780415289955) from Amazon's Book Store. Everyday low prices and free delivery on eligible orders.
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Bruce Packard @brucebsky.bsky.social · 24/06/2025
Tennor Holding, Tennor International, Tennor Group... www.ft.com/content/90d0... @bondhack.ft.com ...but will anyone lend Lars a tenner?
ft.com
Lars Windhorst’s Tennor Holding declared bankrupt
Company that borrowed billions from investors collapses into insolvency over unpaid Dutch tax
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Reposted by Bruce Packard
Duncan Lamont @duncanlamont2.bsky.social · 23/06/2025
What a chart! Shows the changing share of S&P 500 assets which are intangible vs tangible, from a CFA institute report H/t Matteo Lombardo on LI
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Bruce Packard @brucebsky.bsky.social · 24/06/2025
moneyweek.com/investments/... An implicit assumption in financial regulation is that professionals with Bloomberg terminals and access to company management have an advantage. People should hand their money to someone in The City to manage because they can't trust themselves. I disagree.
moneyweek.com
How amateur investors could rescue UK stocks
Private investors must be the beneficiaries of a stock market recovery, says Bruce Packard – not brokers and fund managers
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Bruce Packard @brucebsky.bsky.social · 18/06/2025
Tesco and Sainsbury's banking JV's didn't work in the UK. I'm not sure why not? Customer inertia? Or something else? - I would have expected after 2009 supermarket-banks could have attracted more UK customers and been viable.
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Bruce Packard @brucebsky.bsky.social · 18/06/2025
knowledge.sharescope.co.uk/2025/06/11/b... As government debt fears grow, precious metals are surging. Who's buying 1,000 tons of gold a year and why? Spotlight on #FTC, #GHH & #RFX
knowledge.sharescope.co.uk
Bi-Weekly Market Commentary | 11/6/2025 | FTC, GHH, RFX | Who is buying a thousand tons of gold a year? - ShareScope Articles
As concerns rise about the outlook for government debt, a look at what could be driving prices in the precious metals sector. Companies covered FTC, GHH and
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Bruce Packard @brucebsky.bsky.social · 11/06/2025
I have a dumb question: how can Calastone still be reporting monthly fund outflows from UK equities, while AIM has bounced +22% since the start of April? Is this retail money going directly into AIM, as professional fund mgrs are forced sellers?
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Bruce Packard @brucebsky.bsky.social · 04/06/2025
"In order to build up the successful cluster in the first place, you need to provide a stable, rule-of-law environment in which people can be confident that they’re going to be able to enjoy the benefits of the investments they’re making." This is also why we don't move to Minsk to found start-ups
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Bruce Packard @brucebsky.bsky.social · 04/06/2025
If fining bank shareholders was an effective way to regulate banks, you have to wonder why regulators kept fining taxpayer owned RBS for bad behaviour.
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Bruce Packard @brucebsky.bsky.social · 04/06/2025
A look at the rising number of companies exiting AIM, and whether a rebound in IPOs might offer investors some relief. Featuring #SDI, #CBG, and #BEG. 📉📈. knowledge.sharescope.co.uk/2025/05/28/b...
knowledge.sharescope.co.uk
Bi-Weekly Market Commentary | 28/5/2025 | SDI, CBG, BEG | AIM exits continue - ShareScope Articles
The FTSE 100 was up less than half a percent to 8,717 over the last 5 days. The index is now flat versus the start of April, just before Trump announced his
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Bruce Packard @brucebsky.bsky.social · 26/05/2025
Go for it. I would imagine that the author would like as many people to read as possible....
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Bruce Packard @brucebsky.bsky.social · 26/05/2025
Just came across this Games Workshop #GAW substack write-up: In the Grimdark Future, There Is Only Profit open.substack.com/pub/stoacapi... h/t @memyselfandi007.bsky.social
open.substack.com
Games Workshop (GAW LN): In the Grimdark Future, There Is Only Profit
This UK Consumer Discretionary Business Has Quietly Crushed the Mag7 with Premium Plastic, Fanatical Fans, and Fortress-Like Margins
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Bruce Packard @brucebsky.bsky.social · 26/05/2025
His side of the story is that shareholders approved the acquisition of ABN Amro, and he was encouraged by institutional shareholders, hedge funds etc and his M&A advisors at Merrill Lynch, which itself needed to be rescued...
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Bruce Packard @brucebsky.bsky.social · 26/05/2025
And just to put that into perspective, at the time RBS/NatWest/ABN was the biggest bank in the world by total assets (over £2.4 trillion on a statutory basis) .
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Bruce Packard @brucebsky.bsky.social · 23/05/2025
I remember the banking sector "pivot to Asia" in early 2008 😱😱😱
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Bruce Packard @brucebsky.bsky.social · 21/05/2025
knowledge.sharescope.co.uk/2025/05/14/b... Stocks mentioned #SPA, #ELCO & #OCN latest
knowledge.sharescope.co.uk
Bi-Weekly Market Commentary | 14/5/2025 | SPA, ELCO, OCN | Trump’s Trade Truce - ShareScope Articles
Markets have reacted well to the trade truce between the US and China, yet there may still be problems ahead. Companies covered SPA, ELCO, and OCN.
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Bruce Packard @brucebsky.bsky.social · 15/05/2025
Also, think about where the cash deposits in banks go...bank funding is lent out to Buy to Let landlords. So, if you give your money to the bank, you're funding a highly leveraged investment in property, rather than providing capital to companies to invest and employ productive people.
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Bruce Packard @brucebsky.bsky.social · 09/05/2025
My thoughts on the 'voluntary disclosure' of FX broker #argentex #AGFX ...."Riskless Principal" indeed the-blindspot.com/guest-writer...
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Bruce Packard @brucebsky.bsky.social · 08/05/2025
Just came across this fascinating piece of accademic accounting research (don't laugh!) looking at "non-answers" in management / analyst Q&A conference calls. #studysilencetolearnthemusic onlinelibrary.wiley.com/doi/epdf/10....
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Bruce Packard @brucebsky.bsky.social · 07/05/2025
knowledge.sharescope.co.uk/2025/04/30/b... #AGFX #MERC #ELIX #investing #markets
knowledge.sharescope.co.uk
Bi-Weekly Market Commentary | 30/4/2025 | AGFX, MERC, ELIX | Zero Zero Margins - ShareScope Articles
A look at what has gone wrong at AGFX, including management’s voluntary disclosure around liquidity risk versus the reality of zero-zero margins. Other
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Reposted by Bruce Packard
Justin Wolfers @justinwolfers.bsky.social · 05/05/2025
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