Falklands oil explorer, Desire Petroleum, today published a new competent person’s report (CPR) by energy consultancy Senergy (I hope they can tell the difference between oil & water!!) which assessed the Liz gas condensate discovery, the parts of the Sea Lion complex that Desire has interests in, as well as earlier stage exploration prospects. …
23 Nov 2012 Cantor Opening Call The FTSE is called to open around unchanged today UK Corporate Announcements Fuller Smith & Turner announces an H1 EBITDA of £26.9m up 8% and increases its dividend 6% to 5.35p UK Market News The Times writes that Davies the former chairman of Standard Chartered…
This week the would be traders have to trade in shares and attempt to prove their mettle. Max stake £10 per point and another walking the plank at the end. After last weeks drubbing in the markets, this is an interesting watch….
For those of us who do not leave £50 pound notes laying around on the floor, there is an opportunity in Lonmin shares at present assuming you can actually get a short on in the ordinaries with your spreadbet or CFD firm. The Nil Paid subscription cost is 140p and with these trading in the…
The recriminations between ex-Autonomy CEO, Mike Lynch and Hewlett Packard have started in earnest following the shock $8.8 billion write off announced this week with $5 billion relating to the August 2011 acquisition by HP. Hewlett CEO Meg Whitman has accused Mike Lynch and his management team of accounting fraud, specifically of booking software licence…
This magazine has been a big bull of Japanese equities since the beginning of the year and we took the opportunity to re-iterate our Bullish stance in the 3rd quarter of this year with the Nikkei trading at the time around the 8700 level. On the 5th of October we posted the following blog – http://www.spreadbetmagazine.com/blog/2012/10/5/a-pairs-trade-idea-in-the-nikkei-225.html,…
Nathan Rothschild Reports in the press today that Ol Natty is close to finalising funding for an additional $270m from investors which looks to be money to be used to buy out the balance 15% of Berau Coal from the Bakries. Nat Rothschild, the financier behind coal miner Bumi Plc, has secured the backing of mining…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. 22 Nov 2012 Cantor Opening Call The FTSE is called to open up around 20 points today, and trading is expected to be light with US markets closed for Thanksgiving UK Corporate Announcements SABMiller announces an H1…
Not being in touch with youth fashion, or perhaps even any fashion other than that of Carnaby Street 1972 (!), I cannot add too much regarding the fundamentals of French Connection (FCCN). As can be seen on the daily chart of the fashion retailer, there has been an extended base formation in the making on…
Falkland Oil and Gas, the South Falklands oil explorer, is currently up 17% to 64p, after dipping as low as 55p this morning. The company is drilling the Scotia prospect in the South Falklands basin and an RNS on November 7th indicated that drilling operations would be likely to be completed 4-6 weeks from this…
