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LSE Market News

Europa Oil and Gas lay out HY results

15 Apr 2015 @ 23:40
Interim Results Europa Oil & Gas, the AIM listed oil and gas exploration and production company with a combination of producing, appraisal and exploration assets in Europe, announces its interim results for the six month period ended 31 January 2015. Highlights: * Irish prospect inventory received from Kosmos identified 1.5 billion barrels of gross mean un-risked prospective oil resources...
 

Agriterra expands Mozambican beef business

14 Apr 2015 @ 21:56
Expansion of Retail Business in Mozambique and Board Changes Agriterra Limited, the AIM listed pan-African agricultural company, has announced the expansion of its retail butchery operations in Mozambique through the opening of a new unit and distribution centre in Nampula. This ongoing retail expansion strengthens Agriterra’s “field-to-fork” model, which comprises beef...
 

Anglo Asian - Gedabek Gold Production hits 17,193 ounces

14 Apr 2015 @ 21:22
Gedabek gold, copper and silver mine, Azerbaijan Anglo Asian Mining , the AIM listed gold, copper and silver producer focused in Azerbaijan, has provided a production and operations update from its Gedabek gold, copper and silver mine in western Azerbaijan for the three months to 31 March 2015. Production overview: · Gold production for Q1 2015 increased to 17,193 ounces with 11,222 ounces...
 

What Is the Best Trading Approach to LGO Energy?

14 Apr 2015 @ 08:03
LGO stock (LSE:LGO) currently requires trading methods that work in bear markets, for the dominant bias is bearish. In spite of desperate effort from the bulls, the bias remains bearish. In the chart, 4 EMAs are used and they are EMAs 10, 20, 50, and 200. The color that stands for each EMA is shown on the top left side of the chart. The EMAs are sloping downwards, and the price is generally...
 

Bears Regret Selling UK Oil & Gas

14 Apr 2015 @ 07:55
UK Oil and Gas shares (LSE:UKOG) are now attractive to interested bulls, in spite of the current volatility in the market. In the last months of the year 2014 and the early months of the year 2015, the price consolidated. Some consolidation to the downside in the month of February 2015 could have led some bears to believe that they would make some gains by going short. This is an action they...
 

A Violent Breakout Expected on Blinkx

09 Apr 2015 @ 12:45
Blinkx stock (LSE:BLNX) is currently a choppy market in which buyers and sellers go through rough times. Looking at the market closely, there is a kind of subtle consolidation. There is no serious confirmation pattern here, but when a breakout does occur, it would probably favor the bears. In the chart, the ADX period 14 is used. Both the ADX line, +DM and –DM are closely in intertwined, all...
 

Buy Wincanton and Lose Your Shirt

09 Apr 2015 @ 12:36
Wincanton shares (LSE:WIN) are not favorable to buyers at the present. Although the price rallied in the past, until the end of March 2015, things have now turned bearish. What we even saw in March was largely a sideways movement, for there was a tug of war between the bulls and the bears. In the chart, the price has closed below the EMA 21 and the Williams’ % Range period 20 is around the...
 

Magnolia Petroleum release Q1 results for 184 wells

08 Apr 2015 @ 21:15
Quarterly Operations Update for the Period Ended 31 March 2015 Magnolia Petroleum Plc, the AIM quoted US focused oil and gas exploration and production company, has announced a quarterly update on its operations across proven and producing US onshore hydrocarbon formations, including the Bakken/Three Forks Sanish in North Dakota and Montana, and the Woodford, Mississippi Lime and the Hunton in...
 

Shell & BG Rock Stocks - FTSE Hits 7,000

08 Apr 2015 @ 14:43
Royal Dutch Shell (LSE:RDSA) (LSE:RDSB) pushed other world news off the front page this morning, announcing that it has agreed to buy BG Group (LSE:BG.) for $70 billion dollars (£47 billion) at a premium of 50% on BG’s closing price yesterday, which was 910.40. That would price BG shares at 1,365.60. BG shares jumped to 1,301.62 when the market opened and are holding at 1,214.00, a...
 

Hummingbird Resources talk benefits of hydroelectric power in Liberia

07 Apr 2015 @ 21:04
Signs Hydro-Electric Collaboration Agreement in Liberia Hummingbird Resources, the multi-project gold company, is pleased to announce it has signed a collaboration agreement to embark on the planning and development of a 20-30MW hydro-electric power plant in southeast Liberia, Africa, in an area ±10km km from Hummingbird’s 4.2Moz Dugbe 1 Gold Project. The Agreement has been signed with...
 
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