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LSE Market News

Iraqi President in Coma. Is Iraqi Oil in Jeopardy?

Dec 19 2012 @ 10:19
Iraqi President Jalal Talabani was rushed to a Baghdad hospital on Monday after suffering an apparent stroke.  After being admitted in critical condition, local doctors labored to stabilize him.  Today medical teams from Germany and Iran have arrived to assist in his recovery.  Latest reports indicate that he is still in a coma.  Deputy Health […]
 

Norseman Gold – Company Update

Dec 19 2012 @ 08:58
Since the shares remain suspended there was no rush to comment on the news from AIM and ASX listed Norseman Gold (LSE:NGL) which came out on Friday 14th December. It does not read well but having spoken to the company’s advisors it is not a write off yet. As I shall explain below.  You may […]
 

Vialogy – Bizarre Statement: Pre placing Ramp Alert & Christmas Vialogy Carols

Dec 19 2012 @ 04:57
AIM listed board lifestyle, sorry I meant oil technology, company Vialogy (LSE:VIY) has issued a “CEO statement” today which is bizarre. Bearing in mind that this company will be almost out of cash by March it is clearly part of a share ramp campaign ahead of a placing. Before the Bulletin Board morons have a […]
 

Anglesey Mining – Labrador Update: Speculative Buy

Dec 18 2012 @ 12:26
I previously commented on fully-listed Anglesey Mining (LSE:AYM) late last month – concluding that the shares, at just over 7p, were not for the risk-averse, but that the upside potential was sufficient for me to rate them a ‘speculative buy’. They had previously soared from the 11.75p at which I recommended them in October 2009 […]
 

Petrofac Losing Ground Despite Backlog

Dec 18 2012 @ 10:05
In a trading update released early this morning, Petrofac (LSE:PFC) announced that it expects to close the year with a backlog of some $11.6 million USD and a growth in net profit growth in excess of 15%.  Petrofac’s share price increase from  1684.00 at 08:00 to 1707.00 at 09:20.  From thence it began slipping downward, […]
 

Range Resources – Not Very Good Statement: Still a Sell

Dec 18 2012 @ 05:33
AIM and ASX listed oil producer and explorer Range Resources (LSE:RRL) has served up a statement which is, in summary, not very good. There are elements of hope but also delays and disappointments. And these delays cannot help its cash position. Not surprisingly the share price has been marked lower, to 3.75p, but that does […]
 

New e-book for Christmas: Lessons From the Markets for 2013 by Zak Mir

Dec 18 2012 @ 01:13
Zak Mir is an old friend and godfather to my daughter. He is a very funny man. He can be incredibly cool and he can also be Geek of the Year – ask him about his fascination with weather patterns. That is train spotting for the middle classes. The one chink in his armour is […]
 

hibu – How Explicit does the company have to be? The stock is worthless

Dec 17 2012 @ 12:12
Once again, hibu (LSE:HIBU), the company formerly known as Yell, has told investors via an RNS that its shares are worth very little or nothing. The stock is off 18% today but this is not the first time it has warned about this and after a few days folks seem to forget and traders “buy […]
 

US Oil & Gas – Why the share slide?

Dec 17 2012 @ 11:22
Having bounced back up from 35p to 170p shares in GMX traded joke valuation company US Oil & Gas (USOP) were starting to bubble. The USOPians (folks who chat amongst themselves on twitter and Bulletin Boards) were already discussing once again whether £15 or £200 a share was fair value. But then…. the shares started […]
 

F&C Global's Half-Year Report Card Has Passing Grade

Dec 17 2012 @ 10:51
F&C Global Smaller Companies (LSE:FCS) issued its first-half report this morning, and the results are quite positive. “F&C is one of Europe’s largest fixed income managers and has strong expertise assisting insurance companies and pension schemes on asset and liability management and liability-driven investment strategies.”  F&C is unique in that is an independent...
 
 
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