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Is Minoan (MIN) about to secure final planning consent to get the go ahead for its company making development at Cave Sidero. If the Greek Press is to be believed (we know, there is no need to say it), the answer looks as if it could be yes.
In the wake of the publication of 2013 results from Cloudbuy (CBUY) broker Hanson Westhouse has reiterated its but stance at 50p but warns that its 100p target could now “prove conservative.”
Restore plc (RST) has announced results for the 2013 calendar year in which it was “pleased with our performance… and the further progress we made in line with our strategy of growing a market-leading UK office services business”. With the company also looking “forward to delivering another year of strong progress in 2014”, the following updates with the shares having nudged higher to a current 186p.
Harry Anagnostaras-Adams, entrepreneurial founder and chairman of Ethiopian and Saudi Arabian gold play KEFI Minerals (KEFI), does not mince his words. He is happy to extol the prospects he insists lie within the grasp of his AIM-quoted company, following a 60 per cent resource increase at Tulu Kapi in Ethiopia.
The FTSE100 just can’t make it through that obstinate 7,000 level. To be frank it hasn’t even come close. Since the start of last year, Britain’s main index has made four attempts at scaling these lofty heights, only to falter each time. As other major global indices have powered to record highs, the poor old FTSE has remained stranded at base camp. As frustrating as this has been, there have also been regular opportunities to make good money out of this market. Another could be developing right now.
Those clever (and very well-paid) people at Bank of America Merrill Lynch every month produce a document which collates the thoughts of fund managers around the world. Two of the clearer recent trends has been a near universal positive bias towards financial companies…and a negative bias towards the emerging markets. This could present an excellent opportunity for shareholders in Standard Chartered (STAN).
Hello Share Shakers: Sadly, we've had to put to sleep our loving cat, Tumble. Aside from missing him badly, this set-back depresses me because I do not hold with euthanasia.
Shares in Kenmare Resources (KMR), the operator of the Moma titanium minerals mine in Mozambique, currently trade approaching 7% lower on the day, at 13.5p, on the back of results for 2013 which include a $44.1 million post-tax loss. After Tom Winnifrith’s critical piece on this website earlier this year (see HERE), might we see bulletin board morons eating humble pie? And could there be worse to come?
Tesco’s (TSCO) world tour into Asia, the US, Europe, etc is in full-scale retreat with the Turkish operations’ restructure, the latest acceptance of failure. The non-crisis crisis in Tesco Polska will inevitably lead to divestment. If anyone was in doubt: the world tour is over. Tesco went big; they are now coming home.
I could live to regret this call, but I’ve just gone short gold. At $1,367/oz it triggered my sell signal, just above crucial MIDAS resistance. This trade is a test more than anything, so I haven’t gone in too heavily. I’ve always found validating my ideas requires money on the table, but this is a definite leap of faith.
An RNS this morning from Armadale Capital (ACP) made me sigh. The company announced a placement at 0.14p to raise £525,000 for the development of its Mpokoto gold project in southern Democratic Republic of Congo. “Oh well”, I thought, “here we go again...another member of AIM’s zombie club with 3.65billion shares soon to be in issue”. “How do these companies keep raising money?” I mused. But was I being unfair?
Bear raider Evil Knievil’s first two published tips for Cheltenham bombed but overall he claims to have made £30,000 on the horses from the first day of the festival. So what is he backing on day two?
I have no idea what Wolf Minerals (WLFE) does other than it is an AIM Cesspit and ASX listed mining enterprise whose board last year trousered a collective A$1.2 million. I am sure that it was money well spent but it comes across my radar today as the shares have been suspended in the land of high culture and have plunged by 15% on AIM.
International specialist staffing group now operating in 19 countries, Empresaria (EMR) is a share tip that sees us 77% ahead on an offer to bid basis. But there is more to come.
Charles Oliver joined Sprott Asset Management LP in January 2008. He focuses on gold and silver investments as a portfolio manager for the Sprott Gold & Precious Minerals Fund and the Silver Equities Class. In this interview he explains why he believes gold is heading to $5,000/oz.
International provider of essential industrial services Cape plc (CIU) has announced an initial £34.9 million and up to £37.65 million acquisition (on a cash-free, debt-free basis) of Motherwell Bridge. It describes this company as an internationally recognised leader in the specialist storage tank market. The following updates with shares in Cape up 8%, to 324p, on the announcement.
The GKN (GKN) share price has grown very well in the last year, up 38%, when the market has only managed 3%. That performance clearly left the share price open to profit taking. This happened, from the peak at 417p in February and to at 385p – a decline of just over 7%. The question now is will GKN rally off a 2012 support line and regain momentum or will it sink below this level of technical support?
Hello share gatherers: Tom Winnifrith, mastermind and main driver behind this wonderful website, said in his book of 49 Golden Rules that we should be wary of investing in companies which put their shares for barter onto foreign stock exchanges, rather than their own.
Surely 12 sessions and 44 speakers is enough for the UK Investor Show on April 5 in Westminster? Well it is but we had forgotten something: UK residential property. Problem fixed – we have squeezed in an additional debate with a bull and a bear.
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