LSE Market News

Bank chief Stephen Hester predicts that it will soon be ready for reprivatisation. Stephen Hester, Chief Executive of the Royal Bank of Scotland, has told the BBC that bank will be ready for reprivatisation within the next two years. Arguing that it is was the responsibility of the government, who currently has an 80% stake […]

In November I commented that shares in AIM-listed IQE plc (LSE:IQE) – a company headquartered in a land where no-one has ever, ever molested a sheep which provides products and services to the global semiconductor industry – remained a buy at a then 28.75p share price. By the middle of this month the shares were […]

London and Australia-listed, Philippines-focused gold producer Medusa Mining (LSE:MML) is a top multi-bagging recommendation from my past life at t1ps and I commented that I again thought the shares were cheap in an article last month. Following recent interim results, the following is my current take… Click here to read my article of last month The […]

Broker First Columbus has today initiated its coverage of theatre group Reach4Entertainment (LSE:R4E) with a buy stance at 4.9p and a target price of 10p. That may be on the cautious side. It is clear that Reach has stabilised and is out of the critical ward and on the recovery path something the broker note […]

Chastening has found itself a new meaning after the Royal Bank of Scotland (LSE:RBS) ended 2012 at a loss, its fifth since the financial crisis of 2008, as its profit was swallowed by a number of huge charges in what its Chief Executive said the way to “put right past mistakes”. In its report earlier […]

On March 5th the international recruitment agency will serve up its results for calendar 2012 and given that there was a detailed trading statement on January 15th – which flagged up that Q1 2013 would be challenging  – it is hard to see there being any great horrors. However, at 425p, on a 2013 price […]

The full story and the fallout from the UK downgrade and the Pound Sterling falling. UK GDP Growth Grows Beyond Previous Estimate PUBLISHED:  27 Feb 2013 @ 12:11 The British economy grew more than expected, updated figures from the UK’s Office for National Statistics (ONS) revealed earlier today. In its report, ONS showed UK’s gross domestic […]

AIM listed gold and diamond mining company African Consolidated (LSE:AFCR) has had a tortuous history.  It has perennially been a little short of the readies but its big problem has been that almost all of its operation and assets lie in the socialist paradise that is Zimbabwe. And that has resulted either in restrictions on […]

I believe that if you’ve got a niche, you should scratch it.  That is exactly what specialty pharmaceutical Clinigen has done, and it seems to be working out quite nicely.  The relative newcomer to the London Stock Exchange (25 September 2012), witnessed a 10.9% jump in its share price following release of its interim results […]

Pumps and valves provider to the oil and gas, mining, and energy sectors, Weir Group (LSE:WEIR), beat market expectations after ending 2012 with annual profits beyond market consensus, pushing shares up on the London Stock Exchange on Wednesday. The FTSE 100 engineering firm gained as much as 5.5% to £22.84 by 13:00 GMT, following the […]