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LSE Market News

ILX Restructuring – Back the Bos?

05 Dec 2012 @ 10:02
Last week, ILX Group (LSE:ILX), the AIM-listed provider of e-learning software and business training, announced the shock departure of long time CEO Ken Scott. And this week we have weakfish interims and news of a restructuring. It is all coming rather thick and fast but suggests that 29.9% shareholder and new executive chairman/interim CEO Wayne […]
 

Sell Wessex Exploration – Buy Northern Petroleum

04 Dec 2012 @ 18:23
Shares in both AIM listed oil stocks have slumped today. Northern (LSE:NOP) is off by c14% at 54.75p, Wessex (LSE:WSX) by 21% at 4.8p. Not a good day for either. The reason is that the Zaedyus-2 well in Guyane does not appear to have found commercial oil although we will not get full data for […]
 

Northern Petroleum – Probably Duff Well, Company chat and market over-reaction – Wessex it is different

04 Dec 2012 @ 17:15
I published this earlier on my Nifty Fifty website – where I shall publish a new share tip later today: The Zeadyus-2 well in Guyane has not found commercial oil and has been abandoned. The share price of Northern Petroleum (LSE:NOP) has duly slumped by 14% to 54.75p. This is a total market over-reaction. I have […]
 

Access Intelligence: Shoot the dog or follow the bird in charge?

04 Dec 2012 @ 15:49
Shares in AIM-listed governance, risk and compliance software provider Access Intelligence (LSE:ACC) have yet to really spark since I recommended them on t1ps, the website I founded in 2000 and edited until September of this year, in November 2010 at 4.25p. They have traded briefly above 5p since but fell to lows of 2.25p a […]
 

Pursuit Dynamics – Close Short for now & Bank Gains

04 Dec 2012 @ 15:19
I continue to regard AIM listed Pursuit Dynamics (LSE:PDX) as a total joke of a company and the fact that it has raised another £6 million at 3p to keep the show on the road does not alter the fact. This enterprise has consistently had its “world changing” technology out for trial after trial after […]
 

Focus Proves Effective at Amino

04 Dec 2012 @ 14:56
Amino Technologies (LSE:AMO) is proving that focus is one of the keys to achieving corporate goals.  After announcing its trading update for the year ending 30 November, Amino’s share price rose nearly 15% from 57.00 pence to 65.25 pence by mid-afternoon. The word “focus” appears no less than four times in the  brief report. The […]
 

Failed Well Drills Tullow Oil, Wessex, and Northern Petroleum

04 Dec 2012 @ 13:25
An unsuccessful well in the French Guiana drilled three oil players down on the London Stock Exchange today as the operator announced no commercial hydrocarbon was encountered following months of drilling. At 10:45 AM GMT, shares of major oil player, Tullow Oil plc (LSE:TLW), and those of Wessex Exploration plc (LSE:WSX) and Northern Petroleum plc […]
 

IQE – A world leader from Wales (there has to be one)

04 Dec 2012 @ 12:46
Like a capitalist-supporting article in the Guardian or a Gordon Brown appearance in Parliament, AIM-listed IQE plc (LSE:IQE) is a rarest of things – in its case a Welsh world leader in an economic space. The company is a leading global supplier of advanced ‘wafer’ products and services to the semiconductor industry – which then […]
 

Stellar Diamonds Reaches 1 Million Carats Resource at Tongo Project

04 Dec 2012 @ 12:01
West Africa-focused Stellar Diamonds plc (LSE:STEL), has accomplished its target of expanding its resource from its Tongo project in Sierra Leone to at least a million carats, following the conclusion of expansion drilling, the company said Wednesday. In a statement, Stellar announced a 63% in a JORC-compliant inferred resource from Dyke-1 of its Tongo licence […]
 

Ceres Power & Duff Calls – Still a sell

04 Dec 2012 @ 11:53
Fuel cell technology developer and all round eco-green nonsense penny dreadful Ceres Power (LSE:CWR) is not going bust. It has found a saviour. As such my target price of 0p is (pro tem ) looking a bit optimistic. For now. But are the shares really worth 3.01p? I very much doubt it. As I shall […]
 
 
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