As regular readers will be aware, one of the few areas where we see real value at the moment is the resources sector. One company in particular that has caught our eye of late is North Sea oiler Xcite Energy (XEL), shares in which are currently trading at just 65.5p – a far cry from…
CLICK THE IMAGE BELOW TO VIEW TODAY’S VIDEO Spreadbet Magazine editor Zak Mir takes a look at the technical position of some of the bulletin board stocks of the moment amongst private investors. Here are the key points from today’s video: Berkeley Mineral Resources (BMR) The sharp rebound off the floor of a rising February price…
FTSE 100 Intertek (ITRK) – pre-tax profits down by 6.3% at £119.8 million in the six months to June, dividend increased by 6.7% to 16p per share. British Land (BLND) – has completed its third letting in as many months at Marble Arch House, W1, with NERA Economic Consulting due to occupy the 11,500 sq…
On Markets: 1. “The Market has but one objective: to inflict the maximum amount of pain on the maximum amount of participants.” 2. “Market participants always over react.” 3. “The Market has no memory – and neither do buyers.” 4. “The magical moment to buy/sell an investment is some point before you first…
by Dave Evans of binary.com Thursday saw the biggest sell off on stock markets since April, followed by some expected volatility on Friday’s Non Farm Payroll day. S&P 500 We have a pick of catalysts to point to for the sell off, with the leading explanation being that markets performed a so called ‘taper tantrum’…
CLICK THE IMAGE BELOW TO VIEW TODAY’S VIDEO Spreadbet Magazine editor Zak Mir takes a look at the technical position of some of the bulletin board stocks of the moment amongst private investors. Here are the key points from today’s video: Ariana Resources (AAU) The sharp break through the 200 day moving average at 0.99p looks…
FTSE 100 Babcock (BAB) – has been awarded a new contract to supply and support training to the Armed Forces. The total contract value over the five year contract period including relocation and options to extend for two single year periods is expected to be up to £180 million. William Hill (WMH) – pre-exeptional profit before…
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Mikhail Khodorkovsky during his incarceration An international court in The Hague ruled this week that Russia was responsible for the bankruptcy of the now defunct oil producer Yukos, due to “devious and calculated expropriation” of shareholders, and has ‘ordered’ the Russian state to pay a whacking $50 billion in compensation. Although the ruling comes as…
After hitting a high of more than 7% in 2012, the yield on Spanish sovereign debt then embarked upon a remarkable sustained downtrend that has now culminated with the current yield level of just 2.5%. If the inflation target of 2% the ECB follows is to be taken into consideration, then the yield on Spanish…
