Swen Lorenz

While the Falklands Islands Oil investments have historically been for small-cap investors, the landscape is now starting to change with the arrival of UK mid-cap leader Premier Oil and, most recently, US independent Noble Energy onto the scene. Their arrival should signal a step change in investor sentiment both around the commerciality of existing discoveries…

UK Corporate Announcements Stanley Gibbons announces an H1 pre-tax profit of £1.8m on sales of £14.7m SVG announces an H1 NAV of £3.785 up 12.3% and states that Hugo Boss and Valentino were the largest contributors to the increase Lonrho states that it remains in a solid position to continue to deliver on core operations…

Research In Motion’s enterprise-services unit has attracted the interest of International Business Machines Corp according to two people familiar with the situation. IBM made an informal approach about possibly acquiring the division, which operates a network of secure servers used to support its BlackBerry devices, said one of the people, who asked not to be named because the…

The BTI, a sentiment indicator, was declining while the FTSE was climbing. On Monday the BTI turned up. A rising BTI indicates an uptrend but I am not going to turn bullish just because the BTI was up for one day. Sometimes the indicator can turn up temporarily for a day or two then the…

And so, the not so fantastic Mr Fox’s releases his final set of HMV results today. There are a number of encouraging signals within this release, not least the Profit re-iteration for 2013 which is in stark contrast to many anal-ysts’ expectations. Excerpts –  Looking forward into 2012/13, with the changes we have made to…

UK Corporate Announcements Aviva announces an H1 operating profit of £935m down 10% and an H1 net loss of £681m from £465m and states it remains committed to reducing costs by £400m Randgold Resources details Q2 sales of $345m from 4321m and a Q2 profit of $117.5m from $113.3m and states it is not affected…

UPDATE – Target just hit at $93 – position closed. Pub beckons! Crude is up almost $8 a barrel over the last 3 trading sessions and is now trading at a $2.50 premium to its 3 day EMA – doesn’t mean it can’t continue on but it does mean the rate of ascent is very…

Currently crude is in a downtrend denoted by the red line.We have started August creating a downward column of O’s. The Red 8 shows the first box in August with a move of at least $3. You can see that since June (The red 6), we were stuck in a range into July. In July…

Other talk is that Samsung (a name that has been in the frame many times this last few months) is courting the company with a view to licensing its BB10 platform – if this is the case then this will likely underpin earnings for the company for the forseeable and perhaps allow a re-rating back…