Financial fire seen rising in the east

A green shoot to nibble on for those starved of good news.

Financial hack Rodney Hobson published his bravely titled book Small Companies, Big Profits at the end of last year. The guide to investing in small caps is currently riding high at 450,000 in the Amazon sales rank.

Bad timing you might think ? not so.

I hear his publisher Harriman House has just been approached by a foreign publisher which has bought the Egyptian rights to the book. It is being translated as we speak (so to speak).

On this fact alone I confidently predict the London small-cap market will be floating on a sea of Egyptian pounds in short order.