Renold – “in line… assuming no significant further deterioration in trading conditions”… but is that exactly what’s coming?
System1 Group – half-year trading update… but how’s the outlook (including for “the heart of the increased new product development programme”)?
PCG Entertainment – shares suspended, administration looms, a statement that, even the white rabbit thinks is bonkers
I reviewed PetroTal Corp (PTAL) only a few weeks ago, concluding I could see a positive investment case, but noted keeping a close eye on progress would needed. The update today confirms production levels, but I was not expecting social unrest to have an adverse impact.
When the oil price crashed in 2015, opportunities from secondary asset disposals by the larger operators to smaller more focused companies was always going to happen- it’s the normal process in the commodity sector. PetroTal Corp (PTAL), is an example of this, where I can see upside from this business process. The shares are cheap.
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