If you'd invested in: Anglo American and Northgate

Miner Anglo American has seen its share price quadruple, while vehicle-hire firm Northgate has suffered a slide in profits.

If only...


Anglo American (LSE: AAL) is a mining firm with operations on all continents. Its share price has almost quadrupled in the past two years. Last month the firm announced results for 2017. In that year it generated $5bn of free cash flow, allowing it to declare a full-year dividend of $1.02 a share, its highest level in a decade, and to halve net debt to $4.5bn. It also saw a 45% rise in underlying earnings before interest, tax, depreciation and amortisation to $8.8bn, which led to a doubling in earnings per share to $2.48. The shares dipped slightly as investors were expecting a bigger dividend.

Be glad you didn't...


Northgate (LSE: NTG) is a commercial vehicle-rental business operating in the UK and Spain. In June last year its share price plunged after results for the year ending 30 April showed a 7% decrease in profits from £77.6m to £72.2m. It was blamed on a drop in rented vehicles to 39,500, down from 42,400 vehicles the year before, causing major shareholders to push for the firm to sell itself for £800m. Half-year results to the end of October showed revenues up by 10% at £349m, but much of this came on the back of the recovering Spanish economy. Pre-tax profits slumped by 16% to £33m.

Subscribe to MoneyWeek

Become a smarter, better informed investor with MoneyWeek.


Share tips

Share tips of the week

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
17 Jan 2020
Investment strategy

How the fear of death affects our investment processes

Many of our investment decisions are driven by one simple fact: the knowledge that, one day, we will be dead. Here, in an extract from his new book, J…
2 Jan 2020
Share tips

Share tips: eight stocks that should deliver robust returns

Ryan Ermey of US publication Kiplinger’s Personal Finance chooses his favourite stocks for the next decade, which should be able to grow for years.
28 Dec 2019
Stock markets

The good investments of the 2010s – and the bad

John Stepek takes a look back on which investments did well and which did badly in the decade that’s about to come to an end.
26 Dec 2019

Most Popular

Investment strategy

The secret to avoiding being panicked out of your portfolio

With the coronavirus continuing to occupy headlines, investors still aren’t sure how to react. But the one thing you mustn’t do is panic. Tim Price ex…
11 Feb 2020
Silver and other precious metals

You should all own some silver. Just don’t expect it to make you rich

Silver is cool, beautiful and immensely useful. But for investors it's the most frustrating of metals. Dominic Frisby explains why you should own some…
12 Feb 2020
Investment strategy

Just five assets matter for investors. Here's what they are

Every investor’s needs are different – but most can be met by the right combination of five investments
11 Feb 2020

Why investors shouldn’t overlook Europe

SPONSORED CONTENT - Ollie Beckett, manager of the TR European Growth Trust, tackles investor questions around Europe’s economic outlook and the conseq…
6 Nov 2019