By Ben Turney | Monday 9 June 2014
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
This morning, Falkland Islands Holdings (FKL) delivered a robust set of results. The market has responded fairly positively, with the share trading up 10.5p at 363p, last seen. This builds on a successful few months for the company, as its stock has risen nearly 20% since the start of April. How much scope there is for further gains in the near term is questionable, but as a long term buy and hold, on the basis of further commercial oil and gas finds in the Falklands, this has to be a stock well worth looking at.
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