I came across an interesting perspective on South Falklands oil explorer, Borders and Southern, following the announcement of the estimated 190 million barrels recoverable of gas condensate announced last week. See article from seekingalpha,com below. The article highlights many of the issues facing Borders over coming months: 1. There is a very high cost of…
As has been much reported on this blog, the balance of power within the computer industry continues to shift away from the decades old desktop PC model underpinned by Microsoft Windows. The hardware technology power houses of the past such as Dell and Hewlett Packard are struggling to find their way in a world…
It’s not often that the stock market offers up a second bite at a nice juicy cherry. However, EMED mining is proving to be just one of those – allied with Management who, it seems, are now presenting investors with a possible gift this summer. Back in July we posted a blog (see here…
News headlines this morning caught my eye that apparently gold traders are the most bullish they have been in 9 months. From Bloomberg – Gold traders are the most bullish in nine months after investors’ bullion holdings expanded to a record on mounting speculation that central banks will do more to bolster economic growth. Twenty-nine…
Bullard, Fed St Louis Governer The release of the FED Minutes from the latest open market committee meeting on Wednesday gave a boost to equities across the pond but the optimism didn’t last for long as the Saint Louis Federal Reserve President, James Bullard, seemed to play down the odds of further FED stimulus in…
The objections to investing in Kurdistan have centred on the political tensions between the Kurdistan Regional Government and the central Baghdad government. Baghdad has continually sought to assert that deals done in Kurdistan are against the constitution and hence illegal, and has blacklisted companies signing PSCs in Kurdistan. However, of the top 10 oil and gas companies by market…
XEL are perky against the market again today. The ‘ol traders gut’ tells me we are going higher, and sharply shortly. 10 day intra-day chart Go on XEL, the fundamentals make sense – you know you want to! To read an update on our AIM Oil & Gas plays, check out our latest issue here…
The mining sector as a whole is moving firmly into Buy territory for us – our favourites on pure valuation terms being Bumi, ENRC, Kazakhmys, Lonmim & Avocet Mining. Below is our interpretation of the Kazakhmys chart – we think we are withn 5-10p of a 30-40p rebound. There looks to be a 5 clear…
For more research & Technical Analysis from Cantor Index click here to register. UK Corporate Announcements Berendsen announces an H1 adjusted pre-tax profit of £51.5m from £48.4m on revenues of £488.2m from £495.9m Henry Boot states that it is trading in line with the forecasts Faro Petroleum announces that it has abandoned and plugged its Cooper Well…
