After my last tip to Buy and Sell African Potash (AFPO) with an 84% gain in just a few days it is time to revisit. The shares are a buy at 2.625p.
Our tax code is 11,000 pages long. That is too long. By about 10,990 pages I'd say. Its size and complexity make blunders and fraud inevitable.
Hello Share People: There is something rather wrong with UK shares at the moment. A big US share index, the S&P, hit another all-time record the other day. It keeps doing it.
Commissioned researcher Edison admits that Xcite Energy (XEL) is taking longer than expected to farm out its Bentley prospect but it claims that the value in the stock – now languishing at 98p - is unchanged by the delay. Really?
This stock offers attractive solid fundamentals and a lowly financially geared company potentially moving towards a position of capital surplus.
S&U plc (SUS), which describes itself as “Britain's foremost home credit and motor finance provider”, has announced “encouraging current trading” and that it is able to “confidently anticipate” positive results for its year ending 31st January 2014. The following updates with the shares having nudged higher in response.
The problem as far as shares of Centamin (CEY) are concerned is that even at the best of times we are looking at a situation where the price action is extremely volatile and spiky.
Brent Johnson, CEO of Santiago Capital, was recently on CNBC. “Buy gold if you believe in math,” he told viewers. Following that Henry Bonner of Sprott Capital interviewed him and the bullish predictions are below:
Given the horrible slump in the shares of Baobab Resources (BAO) in 2013 – well done TW, crawl, crawl - it would be understandable if even the least squeamish of chartists/technical analysts would shy away from making any commentary here lest their precious track record/reputation(!) might be damaged.
Most investors can see that data and the internet are still strong investment themes. Despite phenomenal growth over the last decade, consumer and business on-line activity is still growing fast. We can all see this in our day-to-day lives, as we interact with a growing range of devices.
The shares of Noricum Gold (NMG) have been on a typical journey for a gold junior in recent years. That is to say heading the way of West Ham…down. But.
Hello Share Plodders: Being a fan of Star Trek (I mean the first one, natch) I always look out for shares with a space theme.
Shares in technology company focused on identity proofing and services, GB Group (GBG) have continued to perform since it announced its CEO had sold shares in the company a couple of weeks ago – currently trading at 144.5p, capitalising it at £159 million. The following updates post researcher Edison also updating its view.
Engineering and construction business operating principally within the oil and gas services sectors, Kentz (KENZ) has announced a proposed $435 million (£266.5 million) acquisition (on a cash-free-debt-free basis and subject to an adjustment for working capital as of completion) of the field solutions business of Valerus. The following updates with Kentz shares currently approaching 9% higher on the back of the announcement, at 633p.
This is going to shock, horrify and stun you. My seventh trade in my Christmas ETX Trading Challenge with Steve Moore is to buy Aussie oil explorer Range Resources (RRL) at 1.28p at £60 a penny. “What the Castlemaine xxxx” I hear you say, are you not a mega bear?
By rights it really should have been the case that shares of Rockhopper Exploration (RKH)were able to build on an impressive October spike through the 200 day moving average now at 137p.
At 6:28pm on Friday, Oxford Instruments announced a ‘final’ proposed offer for Andor Technology (AND) of 525p per share – up from a previous 500p - and stated that it “looks forward to working with Andor towards a recommended offer prior to the current deadline of 5.00 p.m. on 10 December 2013”. The following updates with Andor having today responded.
It is just as well that the Closet Chartist is excused having to ponder over the fundamentals of a company like Nostra Terra (NTOG) since I cannot make head or tail of its RNS today.
Do I think Range Resources (RRL) is overvalued ? Yes. Where are the shares going short term? I am not sure.
What will Father Christmas be putting in the stockings of the writers of ShareProphets, nine share tips, plus what sexism at the BBC
In today's bearcast I take inspiration from Roger Lawson looking at the sins of KPMG at Carillion (CLLN) and EMIS (EMIS), not to mention Quindell (QPP). What to do? I look more at Dignity (DTY) and conclude that - having examined numbers from Beyond - the company is fecked. I look at the dumbest snowflake financial journalist going - natch he works for the Daily Mail. And I wonder should one follow the bears, I review the most shorted stocks on AIM and the main market including IQE (IQE), Debenhams (DEB) and Telit (TCM)
KEFI Minerals (KEFI) has updated on the most recent quarter, including on Tulu Kapi project financing and that “the final Tulu Kapi project models were agreed within the consortium and uploaded into the formal financing data rooms. They show some improvements for shareholders, as compared with recent company guidance”…
The current exuberant mood of the market has thrown up some great opportunities for bears as well as bulls on AIM recently. But for bears they are not for the faint hearted. Timing is particularly difficult when shorting rubbish and, particularly in these times, it pays to drip feed into a position and to maintain plenty of margin. Even then it is not unusual for a stock to double against you as happened to me recently with Online Blockchain (OBC)
It can be difficult just buying and holding a share at times, especially when nothing is really happening with the share price and many of its peers are seeing large rises.
Gold is positioned for a major breakout in 2018 and the gold stocks and Silver are not far behind. That is the claim of Jordan Roy Byrne the Technical Analyst at Palisade. In the video below he demonstrates his thesis by analyzing 6 different charts and the key resistance levels these markets could test very soon.
Again Carillion (CLLN) dominates the news and the political class is talking utter tosh with our useless Prime Minister Mrs May leading the way. By way of contrast Luke Johnson is superb in his Sunday Times Column today. Luke for PM before it is too late.
I noted yesterday that Blue Prism (PRSM) was one of the most shorted shares on AIM. And having had a butchers at the numbers I can see why.
A note popped into my inbox with regard to the demise of Carillion. At first glance, it seems we’ve all been here before – way back in 1990 (when even Tom Winnifrith was a young man). For Carillion today, read Coloroll then.
If you listened to my bearcast of yesterday you will be in no doubt that I am aa big bear of Dignity (DTY) based on some simple maths. I take my hat off to a ShareProphets reader (Buy100ozSilver) for his maths in our comments section. His ( or her) post merits a wider audience.
It being the weekend, I thought I would take a break from stock specifics and make a few observations about a brilliant film that I watched recently on Netflix that I would recommend to anyone interested in investing, and particularly short-selling, as it tells the fascinating true story of Bill Ackman’s costly billion dollar short against alleged pyramid scheme, Herbalife (NYSE: HLF).
It's been 18 months now since I cut the (virtual) cord with Sky TV (SKY) and I can't say that I have missed anything, except a £50 per month-ish bill. It's been replaced by Freeview, at the impressive price of free, and Netflix (NASDAQ:NFLX) at £6.99 per month.
Search ShareProphets |
Stock market news |
Complete Coverage |
Recent Comments |