6 days ago
Recommending shares in J Sainsbury (SBRY) as an Income portfolio buy in November at a 199.7p offer price, we noted grocery and general merchandise sales had remained strong to date in its second half of the year and suggested a 260p+ share price achievable. Little more than 7 months later the shares are already nearly there.
13 days ago
Insurance businesses investor B.P. Marsh & Partners (BPM) has announced results for its year ended 31st January 2021, emphasising “total shareholder return of 10.1% for the year including the dividend paid in July… remain optimistic that we will be able to secure scalable and high growth investments, which will deliver substantial shareholder returns over time”. That sounds good to us.
16 days ago
Lucian Miers wrote about one aspect of Eurasia Mining (EUA) that smells all wrong to him the other day. My friend and colleague is yet to get any satisfactory answers on that matter. But here is another oddity.
28 days ago
Miner in Azerbaijan Anglo Asian Mining (AAZ) “is pleased to announce its final audited results for the year ended 31 December 2020” and emphasises “exciting development opportunities”. Though don’t they all say that?
37 days ago
Atalaya Mining (ATYM) has announced what it describes as “strong financial results achieved in Q1 and look forward to the rest of the year, with confidence”. How strong?
42 days ago
Kazakhstan gold miner AltynGold (ALTN) “is pleased to announce its 1Q21 production results and financial update”, and the shares have currently responded approaching 10% higher to 172.5p. So what’s the news?
45 days ago
On banking near 300% gains on Jubilee Metals (JLP) earlier this year, we noted still significant positives but management actions which were not comfortably supportable. On fundamentals, at 20p, Jubilee still looks to have 10% upside, or arguably more, which is why Tom Winnifrith & Steve Moore remain shareholders but we cannot, in good conscience, tip shares in a company where there are such clear corporate governance issues. So, on that basis, the following looks a good replacement for it .
45 days ago
Of course, there are some instances when it is appropriate to take legal action against some critic. If, for instance, the attacks are against wives and children, there is a threat of actual body harm or the allegations are just so outrageous (paedophilia for example) then a company might justifiably take action. But simply to bring in lawyers, who are always expensive, to try to silence someone who criticises a company’s business model, or its valuation, is a monumental red flag.
49 days ago
Jadestone Energy (JSE) is pleased to announce an agreement to acquire an interest in Peninsular Malaysia – and we can understand why.
49 days ago
J Sainsbury (SBRY) has announced results for its year ended 6th March 2021 and that it has “carried good underlying trading momentum into the new financial year and started the year strongly”.
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