PLUS1
Northamber - the operating business
© Image copyright oliverquinlan
12 Dec 2019 @ 16:14
Northamber’s (LSE:NAR) previous board of directors were well aware of the company’s cash tied up in property – over £16m for a £13.8m MCap company. But instead of releasing that cash for shareholders to invest elsewhere they insisted that it would be used to invest in the operating business. Today we’ll look at that operating […]
X Best Universities Offering Blockchain Courses
12 Dec 2019 @ 09:56
The demand for education on the blockchain is growing: specialists are looking for opportunities to fill the gap in skills and keep up with the development and regulation of popular technology. Currently, universities or other educational institutions offering blockchain courses are few on a global scale. However, the situation is changing for the better. Of […]
ADVFN Morning London Market Report: Thursday 12 December 2019
12 Dec 2019 @ 09:44
London open: Stocks edge higher on election day London stocks edged tentatively higher in early trade on Thursday as Britons headed to the polls to cast their votes in the general election. At 0840 GMT, the FTSE 100 was up 0.3% at 7,234.34, while the pound was 0.1% higher against the dollar at 1.3206 and […]
GBP Remains Firm, Yet Upside Could Be Limited
12 Dec 2019 @ 09:04
The British pound has continued to point both whilst conservative lead in the polls. With their lead narrowing and a defiantly strong British pound, it begs the question as to whether cable’s upside could be limited. This begs the question as to how much upside GBP/USD is capable of after such a stellar run and, […]
Guardian Stockbrokers Key Economic News Thursday 12 December 2019
12 Dec 2019 @ 08:58
The key points from today’s economic news, brought to you by Guardian Stockbrokers. US CPI advanced more than expected in November In the US, the consumer price index (CPI) recorded a rise of 0.30% on a MoM basis in November, compared to a rise of 0.40% in the prior month. Market expectation was for the […]
Northamber – bought for my Net current asset value portfolio
11 Dec 2019 @ 15:16
I couldn’t resist buying shares in Northamber (LSE:NAR) at 50.4p. Its market capitalisation is 0.504p x 27.5m shares = £13.9m, but its cash holdings will be over £16m once it receives the money from selling its warehouse (announced in July). It has no debt. The only liability is £7.4m of payables which is more than […]
ADVFN Morning London Market Report: Wednesday 11 December 2019
11 Dec 2019 @ 10:19
London open: Stocks edge higher as sterling falls after YouGov poll London stocks edged higher in early trade on Wednesday, with sterling under pressure as the latest election poll revealed a narrowing of the Tory lead. At 0830 GMT, the FTSE 100 was up 0.3% at 7,237.97, while the pound was down 0.3% against the […]
Scope for Further Downside on USD/CHF
11 Dec 2019 @ 09:32
USD/CHF rests on key support ahead of today’s FOC meeting. Yet once we get past the noise, we could see support give way. In an earlier report we flagged that USD/CHF had struggled to close above parity since May, and that we were watching for its potential to roll over back within range. Whilst it teased us near […]
Guardian Stockbrokers Key Economic News Wednesday 11 December 2019
11 Dec 2019 @ 09:26
The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK GDP remained steady in October In the UK, gross domestic product (GDP) remained steady on MoM basis in October, less than market expectations for an advance of 0.10%. In the prior month, GDP had recorded a drop of 0.10%. UK manufacturing […]
Stock Investment Tips for Beginners
10 Dec 2019 @ 16:48
Do you want to start investing in stocks? Maybe you just want to make sure that you do everything you can to make sure that you make the right decisions along the way. Either way, you can find out everything that you need to know by looking below. Understand your Level of Risk Tolerance Another […]
MINING, OIL AND GAS
The Impact of Brexit on the UK Energy Sector
10 Dec 2019 @ 14:09
All of you are surely aware of the fact the UK exit from the EU has recently got delayed by three more months. As things stand now, the new Brexit deadline has been set on January 31, 2020. In this brief discussion, let us try to figure out how this transition may impact the different […]
Crude Oil Prices Steady Above $58.00 After OPEC+ Announce Production Cuts
06 Dec 2019 @ 14:58
Earlier today, the Organization of Petroleum Exporting Countries (OPEC) and their partner countries announced that higher production cuts until March 2010. The existing agreement is for the cartel as a whole to cut back production by 1.2 million barrels per day. Now, in an effort to prop up oil prices, OPEC+ will now cut daily […]
Canadian Overseas Petroleum Limited price analysis: COPL moves sideways in apparent weakness, ready for a strong rally
04 Dec 2019 @ 15:23
Canadian Overseas Petroleum Limited shares (LSE:COPL) are currently consolidating, in apparent weakness. A breakout is imminent. Looking at price more closely, it can be seen that the market is making weak attempts to rally, but that effort pales into insignificance when compared to the ongoing sideways movement. Bulls are intent on pushing price upwards but […]
Petrel Resources price analysis: PET becomes bullish, will it reach the resistance at 20.00?
22 Nov 2019 @ 12:12
Petrel Resources shares (LSE:PET) are in an uptrend, as price is trying to recover from its recent losses. The first target is the resistance level at 10.00 and the second target is at the resistance level of 20.00. Since the market moved above the upper Trendline in November 2019, the rally has become strong as […]
GLOBAL NEWS
Sterling Advances Barely Hours To UK Elections As Latest Poll Predicts Conservatives Win
11 Dec 2019 @ 11:40
In just hours from now, a major event that will set the trend for the currency market for the year 2020, the UK elections will be held. In the face of a Brexit extension, UK prime minister had pushed for an earlier election in the hopes of having a majority conservatives win in the parliament […]
Bitcoin Cash (BCH) Holds At The Bottom, Is The Consolidation Ongoing?
11 Dec 2019 @ 10:41
Key Resistance Levels: $275, $300, $325 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Ranging Bitcoin Cash had been trading in the large price range between the levels of $200 and $240. Presently, the coin is now fluctuating at the bottom of the chart. In retrospect, the bulls break the $240 resistance line and […]
Monero (XMR) Faces Selling Pressure After Breakout Attempt
02 Dec 2019 @ 04:47
Key Resistance Levels: $70, $80, $90 Key Support Levels: $40, $30, $20 XMR/USD Price Long-term Trend: Bearish The coin had been trading above $50 in October in a sideways trend. In November, Monero made a positive move and broke above the $60 price level. The bulls could not sustain the move above the upper price level […]
GBPUSD Price: Following Recouping From The Low, British Pound Anticipates Upward Momentum
02 Dec 2019 @ 04:33
GBPUSD Price Analysis – December 1 The pound had a positive prior week as traders anticipate to build the scenario for buyers to step in, and now it seems likely to continue on the upside. If we can exceed the crucial level on the level at 1.3012, it is likely that the pound sterling takes […]
