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An interesting AGM on Friday for South Falkland focused oil explorer Borders and Southern. Thanks to Gramacho, Flying mule, stayhungry, fadilz on the iii.co.uk bulletin boards for some insightful posts  as well as the AGM presentation (http://www.bordersandsouthern.com/media/pdf/AGM2012.pdf) from which I’ve summarised some of the key points. The company announced that the Stebbing drill and the gas…

The current sentiment backdrop for US & Global markets remains conducive to one in which equities are likely to continue higher and take out recent resistance. Below are 5 important elements to consider –  1. Short positioning. The disappearance of short covering that began in March and a build in short interest since May has…

Hello all new readers to my very first entry on the Spreadbet Magazine blog. I intend to share my thoughts & views on the current state of the market and, more importantly, the trades that I place – in short, I’m baring my trading soul and at the very least hope to illustrate where both…

Research in Motion, maker of the Blackberry, fell 19% yesterday to finish the US session at a new 12 year low of $7.39 making its market capitalisation now less than $5 billion. The company has remaining cash of $2.2 billion. In 2008 the company was trading $150 and its 52 week high is $33.  The…

After the despondency of Thursday, there was a significant snap back in stock indices and commodity prices yesterday after a last minute deal at the EU summit in Brussels to reduce the debt burden on Spain and Italy. The €440bn European Stability Mechanism (ESM) will be able to directly give loans to banks and buy…

UPDATE (1) – A VICTORY FOR THE SMALL SHAREHOLDER! THERET, WYNNE-EVANS & BASING WERE ALL VOTED OUT AT TODAYS AGM. CRACK OPEN THE CHAMPAGNE TONIGHT TROOPS & WAIT FOR THE POTENTIAL LEGALS SUITS REGARDING THE BOARDS CONDUCT IN RECENT MONTHS TO BEGIN TO SURFACE… And so the saga of Plus and the glaring disconnect between…

Markets were fairly weak yesterday as attention continues to focus on the European Summit, and whether the powers that be can agree on a plan to address the Continent’s debt crisis. Key European indices the DAX and CAC were both down 0.37% while the FTSE was off by 0.56%. The DOW and S&P meanwhile rebounded from significant…

Let’s turn back to 2007 and the heady days ahead of the Great Financial Crisis which would ultimately fell the world. It was reasonably obvious that a bust would come, although the extent of it was dramatically under-estmiated by even the most fervent bears However, if you were a Bank you could see the leverage…

Worldlink signs heads of terms Worldlink Group Plc (“Worldlink” or the “Company”) are pleased to announce that it has signed heads of terms with 3 Premier League Football Clubs under which Worldlink becomes the official betting and gaming partner of those clubs. Under these heads of terms there are certain financial commitments which need to…