Global News

Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients, This week saw the UK’s FTSE100 Index add a further 100 points (1.5%) to revisit 6,700 as risk appetite remained supported by the US fiscal resolution (albeit short term, be prepared for a re-run), a welcome rebound in China […]

Once upon a time there were mining giants.  They mined huge amounts of different ores all over the world.  In order to get their mining done, the giants needed the help of elves.  WRONG STORY!  They needed that help of other giants.  One of them was a giant Caterpillar.  The Caterpillar became very rich and […]

Wishbone Gold (LSE:WSBN), an exploration company focussed on precious metals, has issued an extensive set of results for its on-going exploration programme on the 100% owned 6,300 hectare Wishbone II tenement in Queensland, Australia, which has identified new gold and polymetallic mineralisation within the licence area. Highlights. Hanging Valley Prospect Area: – Latest results...

Oh, Savannah. Savannah Resources (LSE:SAV), an AIM listed exploration company, has announced that it has raised £496,313 (before expenses) through the placing of 18,047,748 new ordinary shares at a placing price of 2.75p per ordinary share. N+1 Singer acted as broker to the Placing, which was oversubscribed and featured both new and existing investors. Overview: […]

I love it when there are compelling reasons to invest in a company.  Yesterday I wrote about Fastjet (LSE:FJET).  The compelling reason to invest in Fastjet is its strategic objective to become the low-cost airline of choice in Africa.  Having now established its first international flight, it is poised to succeed.  Likewise, there are compelling […]

Will this stock make you a Mill-ionaire? DekelOil Public Limited (LSE:DKL) , operator and 51% owner of an established vertically integrated palm oil project in Côte d’Ivoire, has strated the construction of its 60 t/hr Crude Palm Oil (‘CPO’) extraction mill by Modipalm Engineering SDN BHD (‘Modipalm’), the leading Malaysian engineering company is progressing well. […]

Make no mistake about it, I am a fan of Fastjet (LSE:FJET).  I have been watching Fastjet work through its growing pains (See “Fastjet on Fast Track,” “Fastjet Cleared for Takeoff,” and “Fastjet Story Still Fascinating“).  After months of preparation, a myriad of red tape, and scores of setbacks, Fastjet flew its first international flight […]

The Hamburglar was unavailable to comment following an arrest earlier today. McDonald’s Corporation today announced results for the third quarter ended September 30, 2013. For the quarter, the Ccmpany posted higher revenues, operating income and earnings per share compared with the prior year. “Our unwavering commitment to providing an outstanding restaurant experience to every...

Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients, This was the week that US politicians finally saw the error of their ways and pulled their country back from the brink of debt default, albeit by delaying the inevitable for just a few months meaning we’re likely to […]

I was browsing through the financial headlines this morning, when two in particular caught my eye, reminding me of the lengths to which are all inclined to go to find a reasonable explanation for things that have happened although we rarely understand the cause of the effect.  This happens because we tend to believe that […]