Horse Hill has been such an epic story of billions of barrels, ramping, counter ramping, and intrigue that one would consider the whole situation as being a little too exciting for most small cap punters. Nevertheless, at least the charting position at UKOG looks to be improving. UK Oil & Gas (UKOG): 2.75p 2016 Resistance Line…
After a quiet August, we are back to business as usual, which is 90% about following central banks and 10% about following everybody else. Almost one decade after the peak of the financial crisis, global markets still rely heavily on central banks, with short-term volatility being fuelled by all kinds of speculation about expected central…
Easy money? Lucian Miers phoned latish Friday afternoon and pointed out to me that I just had to buy Gulf Keystone (GKP) 6.25% bonds at 20.75 cents in Norway since they would convert into ordinary shares at 1.1p in seven weeks’ time. This would be in contrast to the current price of the ordinary of…
“Monetary policy has done as much as it really can and it needs to be complemented by fiscal policy and structural reforms,” – Catherine Mann, chief economist at OECD A new investment paradigm? We’re living in a year of extremes. Record high equity prices, record low oil prices, record low inflation levels, and even record…
FTSE 350 Stocks Centamin (CEY): Above 50 Day Line Could Lead Back Towards 200p While Centamin has been a decent play on the upside as far as being a proxy to the Gold price, the reality of any proxy is that the volatility can mean that even if you are right, in the short term…
To follow our Magazine article on Uranium, here are some more thoughts… How to invest for what most observers think is an inevitable uranium price recovery in the next few years is not an easy question to answer. Given the long decline in the uranium price after Fukushima, its not surprising that practically all companies…
I know what you must be wondering. What sort of things do I ponder when I’m not thinking about the markets? Well, I’m glad you asked. Three things are playing on my mind. Why do magpies sound like someone shaking a box of matches? Why do pigeons’ wings sound like they need oiling, and how…
One of the notable issues with bear bloggers, and indeed those who make negative calls on shares, is that unlike those who are on the buy side one rarely hears anything in terms of a mea culpa if the call turns out to be wrong. Cloudtag, where the bears have just been blown away, is…
Apparently, Pantheon (PANR) has experienced sustained equipment misuse and thus failure. Anyway, Haliburton has taken over and therefore we ought to get really good news soon. As previously mentioned, there is nothing wrong with the geological prospect here. I paid 138p this morning.
The occasion for looking at the charting position of Berkeley Group is the demotion of the housebuilder from the FTSE 100. Normally, this is portrayed in the financial media as being a negative for a stock, but this may not be the case here. Berkeley Group (BKG): June Price Channel towards 3,000p The housing market…
