The FTSE will close 2006 at 5721.England will win the world cup final on penalties and gold will continue its run.This much is certain.The uncertainty is whether or not my ten stocks will do any good.here they are.
SSP.
price.67p.
results suggest company back on track 2006.Give them a profit of just 0.6 mill and a forward pe of 10 and you have £1 share price.They pay a dividend and have a share buy back programme which should enhance eps further.
RED.redsquared
price 7.5p
results in a couple of weeks will give a clearer picture of this new issue.They turnover 2mill and after cash are valued at only .7mill.jarvis investment have recently aquired a 4% stake.
MCR.mercator gold
price 56p
Gold will continue to do well.Any downturn and producers like MCR should see a run on their shares.
BFC.biofuels
price 85p
They will start producing this year .
MPL.
price 43p
Turnover 450mill mkt cap 35mill.Even i could turn a profit out of that.
IDN
price 2.2p
serial disappointer of the penny punter.but...eps 0.23 pe 15 equals 3.5p
TMC.toledo mining
price 134
Will they finally start shipping this summer?will the management be exposed as a bunch of spivs?Surely nobody could f@ck this up.
CEN.
price 8p.
Claim to have enough money to complete P111 trials.Will they be bought out or will they find a partner to inject a load of cash.?
TCN.Tricorn group
price 15p
Business is picking up.I expect them to earn 0.5/0.6mill at FY which on a pe of 12 which is reasonable gives a price of 20/ 25p. an easy 25% + almost guaranteed.