UPDATE (2) – Close on the highs looks in order and management did a great job of shaking out the non believers and weak holders. Keep buying! UPDATE – RNS just out. “initial tranche of fundng” – it looks like staged capital raisings as they reach technical milestones and prove up commerciality. Our money is…
For more research & Technical Analysis from Cantor Index click here to register. UK Corporate Announcements Ashmore Group announces a pre-tax profit of £243m on revenues of £333m IG Group states that it sees revenues this year weighted to H2, and that it remains well positioned for future growth and Q1 revenues of £81.5m in line Betfair reports Q1 revenues…
FTSE 100, Daily, Candle The technical situation on the FTSE has not changed greatly in the past couple of weeks, as the index remains within the near term trading range, red region, which we have been monitoring for a few weeks now. On the daily graph we have kept the near term trading range, red…
It’s been a good year so far for SBM’s portfolio and hopefully for our readers who followed our calls! Take a look at our About Us page for a concise list of our Conviction Calls and Trading positions – both open and closed. Here’s an update on our thinking on some of our Open positions…
Falkland Oil and Gas, the South Falklands basin oil explorer, is down over 29% to 64p after the release of the following RNS just after 1pm, “FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, is providing this update on drilling operations…
The North Sea oil sector had a boost this week when the Government announced further tax breaks to companies working over older oilfields in order to enhance production – a welcome change from the dark days of 2010 when the Government was seeking to do the opposite and hobble the industry! Often with AIM and…
Well, yet another case this morning of certain larger investors appearing to have a head start over long suffering private investors. This time it’s with Namibia focused Chariot Oil and Gas. Just when is the FSA going to clamp down on this patent insider trading? Last Tuesday the share price dropped heavily, from around 122p…
For more research & Technical Analysis from Cantor Index click here to register. Monday, September 10, 2012 UK Reporting:- African Barrick Gold Plc, ABG, (Pr), Associated British Foods Plc, ABF, (R), Barclays Plc, BARC, (Pr), Centamin Plc, CEY, (Pr), Legal & General Group Plc, LGEN, (Pr), Lloyds Banking Group Plc, LLOY, (Pr), Polymetal International Plc, POLY, (Pr), Royal…
US nonfarm payrolls grew less than anticipated during August and so paving the way for the Federal Reserve to implement QE3, investors believe. Economists polled by Reuters and Bloomberg were expecting a rise of 125k in payrolls but the number came short at 96k, showing a persistent weakness in the job market. The unemployment rate…
