Whilst looking for inspiration for this mornings blog this weekend after what was largely a drubbing in the markets last week, I came across the following sentiment indicator details which although relating to the US has obvious spill over to the UK. 1.The most recent American Association of Individual Investors (AAII) poll is showing the…
In what is now the 4th profit warning for Lamprell this year, investors in the stock must be scratching their heads as to just what is going on at Board level. It seems management do not know precisely what is happening in their company. Increased losses on various of their contracts are announced this morning…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. Monday, November 19, 2012 UK Corporate Announcements Mitie reports an H1 adjusted operating profit of £52.9m on revenues of £1.03bn and states that 98% of the full year budget has been secured end September and stays confident on its outlook Intertek…
Despite Rockhopper Exploration (RKH) and Borders and Southern (BOR) being the only two companies to have discovered a liquid hydrocarbon find of any size in the Falklands Islands, they both languish at either close to or actually at 52 week lows. After a significant sell off for the two stocks over the last few months the drop culminated in…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. Monday, November 19, 2012 UK Reporting:- Aviva Plc, AV, (Pr), Chime Communications Plc, CHW, (R), Crh Plc, CRH, (SM), Diploma Plc, DPLM, (R), Intertek Group Plc, ITRK, (R), Lonmin Plc, LMI, (SM), Mitie Group Plc, MTO, (R), Old Mutual Plc, OML,…
As part of my recent media blitz (all terribly exciting luvvies you know!) which involved on Monday with meeting up with my good friend and fellow contributor to this magazine – Dominic Picarda, we recorded a video on the major markets including the FTSE, S&P & Gold that I hope you find interesting. Here’s the link…
Generally electrical retailers and clothes retailing are very separate and dsitinct businesses. Comet has gone under this week and today is a sad day when it is expected that many of the shops will be closed and the staff made redundant – hardly an enjoyable Xmas looming for many of these… It has been a…
We posted last Friday that the flushing down the toilet of leveraged players in the market looked to be complete and we managed to find a decent 20 point rally in the S&P almost from the point of posting. Since then, it has been one way traffic this week. In fact, since the correction began,…
Xstrata confirmed yesterday that it would participate in full in the circa £500m rights issue in Lonmin. Absent a renewed takeover overture, then it was pretty obvious that they wouldn’t allow themselves to be diluted at the bottom. This is good news for Lonmin shareholders as its (a) highly unlikely there will be any stock…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. 16 Nov 2012 UK Corporate Announcements Serco states that its outlook is unchanged from that given with its results in August and that its sees the full year 2012 in line Rotork details Q3 revenues gained 9.9% from last year…
