LSE Market News

US Oil & Gas (USOG) is one of the most obvious joke companies going. On Bulletin Boards and on twitter its shares are ramped by an army of devoted followers. They are on the ramp again today and the shares are now £1.75 valuing this POS at £72 million. This is comedy. Already the loons […]

AIM-listed manufacturer of niche plastics products for global markets, Plastics Capital (LSE:PLA) has today announced its results for the six months ended 30th September 2012. This is a company whose shares I first recommended on t1ps – the website I founded in 2000 and left in September this year to set up the Nifty Fifty […]

Having called both Falklands Oil & Gas (LSE:FOGL) and Borders & Southern (LSE:BOR) pretty brilliantly as oil junior shorts my pal the bear raider Evil Knievil and I had a good chat about which of the 90 or so juniors out there are the best shorts now.  The odd thing is that despite a series […]

Finding only 50 metres of “fairly poor quality” reservoir after drilling a depth of over 5,000 metres into the Atlantic Ocean was enough to send the shares of the well operator, Falkland Oil & Gas Limited (LSE:FOGL), into the deep. The Scotia well, the second of the two-well programme performed by the AIM-listed oil and […]

The directors of media and entertainment company, Reach4Entertainment (LSE:R4E) have made good on their previous stated intention “to subscribe for new ordinary shares at the prevailing mid-market price but not less than the placing price, as soon as these (Spot & Co earn-out payment) discussions conclude”. The following reviews today’s announcement from the company on […]

The suspension of trading in shares in Leyshon Resources (LSE:LRL) will continue until Wednesday (rather than today as was first announced). The company wants time to produce a full technical analysis of the drill results from its first gas well in the Ordos basin in China. I do not read anything mysterious into that. You […]

Independent oil and gas explorer and producer, Tullow Oil plc (LSE:TLW), has made its second oil discovery in Kenya, Africa but the find failed to spike market value. In a statement issued today, the London-listed constituent of the FTSE 100 said the Twiga South-1 exploration well encountered 30 metres of net oil pay after drilling […]

The public’s thirst for beer is so great that only a board of fools and a management of incompetents could drive a beverage manufacturing and distributing company into the ground.  Since Sabmiller (LSE:SAB) listed on the London Exchange in 1999 it has proven that its vision of mergers and acquisitions has been ideal for this […]

My friend the bear raider Evil Knievil always tells me that if you discover that a chairman or CEO has told one whopping lie, the odds are that he tells lots of lies. And on that basis unless the company has mammoth asset backing and highly visible earnings and cashflows the shares are a slam […]

If you can’t get your hands off of a very valuable piece of property located within the largest oil sand reserves in the world through a joint venture because you can’t agree with the details of the contract, buy the other company instead. Such is the plan of Mauricio Trevino Zambrano, a minority shareholder of […]