So far our Dream Oil Explorers portfolio has gone swimmingly. The real outliers in terms of valuation are Ruspetro (which we cover in this months edition of our magazine out this Friday) and Gulfsands Petroleum. Aside from the valuation underpinnings for Gulfsands, we like the chart set up below, where it looks as if there…
Interesting to see Borders & Southern shares rising this morning following the drubbing of recent weeks on analysts re-appraisals of the costs of commercialising their gas find at their Darwin prospect. Although FOGL shareholders are no disappointed that the liquid black stuff was not struck, make no mistake that the presence of strong gas shows…
EDITOR NOTE – There is a very heavy short position in this stock with many spread bet firms refusing new shorts late last week. Additionally, a lot of nervous holders exited on rumours of a duster. In short, the ingredients are there for a short squeeze in FOGL and the first 10 mins of trading…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. Monday, September 17, 2012 UK Reporting:- Aberdeen Asset Mgmt Plc, ADN, (SM), Exillon Energy Plc, EXI, (Pr), International Ferro Metals, IFL, (R), Royal Bank Of Scotland Group, RBS, (Pr), Standard Chartered Plc, STAN, (SM) S&P 500 Ex Dividends (gross):- Allegheny Technologies Inc,…
Following the Fed’s announcement of (yet) another round of quantitative easing, global stock markets responded with a resounding “yes, thank you” at the end of last week. The chart below shows the S&P 500 since September 2008 and the yellow areas mark the beginning to end of the prior quantitative easing programs. Even though two…
Peter Cumming, formerly of HBOS It is very lucky today that I am going to work early enough to avoid breakfast, otherwise on reading the paper I may have choked on this from the Telegraph: “In a statement Mr Cummings said he rejected the FSA’s findings but would not be appealing the fine. He said: “Many…
With the FTSE All share, Dow Industrials and S&P 500 all either close to or at 52 week highs and the U.S market showing very strong gains for year to date (S&P 500 up 16.5%), the big question is, how much further do markets have to go this year? As the previous post on the…
We posted back in July that the correlation between UK QE and the UK stock markets was likely to be broken as four rounds of QE have now been completed and yet the primary increase in asset prices had been completed after the second round, last year. Indeed in July and August of this year…
1. Kerry Packer’s “Toss you for it”The late Australian media tycoon Kerry Packer was an inveterate gambler who is believed to have lost up to $40 million (£25 million) in just 10 months, including almost $28 million during a three-week losing streak in London in 1999.However, there is one bet for which he will always…
