Tesco – Getting It Right With a Short This week was something of a first as far as technical analysis and the financial markets are concerned. I do not remember any technical call by an analyst at a major investment house ever being correct. This of course is not an exact science as everyone tends…
It has been reported in the FT and other press during the last 24 hours that numerous parties are poring over the assets of Bumi Resources with a view to piecemeal purchases or an outright bid. Samin Tan is a likely interested party, not least to get his average down in his Group holding having…
Two distinctly unappealing RNS just issued by Worldlink that are likely to give shareholders in the currently suspended Group sleepless nights and looks to be all but a precursor to de-listing – Update on funding Following the announcement by Worldlink Group Plc (“Worldlink” or the “Company”) on 18 July 2012 that Across The Line…
While most equity markets with the exception of certain Southern European markets have recovered exceptionally from the depths plumbed in the 2008 financial crisis, Japanese equities have been the significant underperformer. It seems that the Japanese government and the Bank of Japan (BOJ) are both powerless to stem the stubborn strength of the yen that…
All the analyst commentary surrounding the platinum price and the overwhelming bearishness has our contrarian noses twitching so we decided to look at the current supply:demand “imbalance” that has been held up as the reason for its underperformance this last year. Platinum demand and supply 2009 to 2011 We can see that the statistics…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. UK Corporate Announcements John Wood Group states that conditions in energy markets remain favourable and that it stays confident of achieving its full year performance Kcom announces that it has performed in line with the expectations UK Market News In UK politics…
From the iii bulletin board on Ceres Power – a post that echoes our questions of earlier today… “Misleading RNS in July – some questions It’s worth looking back at the RNS of 27 July which reassured investors that everything was on track for a product launch in 2016. They said they had £10.2m in cash…
Many people will understand the idea that gold, priced in US dollars, is likely to appreciate if more dollars are printed. The question however, is by how much? Two facts are worth noting. The first (whatever your views on gold as a currency) is the extraordinarily close relationship between the price of gold and the US…
I must admit to having my jaw hit the floor this morning in relation to the announcement from Ceres Power’s management per below – Funding Update Following recent announcements regarding Ceres’ funding requirements, the Company announces that, despite extensive efforts it has been unsuccessful in securing sufficient funding for the business going forward. The Company…
As global growth retreats, in particular in Asia, demand for commodities is also dropping creating a surplus that is pressuring down prices. Iron ore, a commodity highly correlated with China’s growth, has seen its price in particular slashed by 45% since February last year as China’s growth has come off the boil. Copper in contrast…
