LSE Market News

Britain’s largest coal producer, UK Coal plc (LSE:UKC), has completed the restructuring of the company, beset with insurmountable deficit in pension contribution and debt nearly seven times its market capitalisation, in an “unprecendented scale” that saved more than 2,500 jobs. The company will be renamed Coalfields Resources plc, to reflect “the new emphasis of its […]

AIM-listed healthcare and business management software and services provider, Advanced Computer Software (LSE:ASW) has today announced a continuation of its buy-and-build strategy with an agreement to acquire Serco Learning, a leading UK education software provider, for £7.25 million in cash. This follows Advanced’s shares closing at an all-time high of 67.5p on Friday – capitalising […]

West Africa-focused gas producer, Gasol plc (LSE:GAS), has inked the deal which will allow the company to market gas in the region, the company announced today. In a statement, the AIM-listed firm said it signed the joint venture agreement with Societe Bengaz S.A. (BenGaz), to form a company to be named Cogaz S.A., which will […]

There is a Ally Bank commercial in the US that goes something like this: TV Host:  “Tonight, our guest . . . Thomas Sergeant, Nobel Laureate in economics and one of the most cited economists in the world . . .  Professor Sergeant, can you tell me what CD rates will be in two years?” […]

Orosur Mining (LSE:OMI) is an AIM and Canada listed gold producer, shares in which I initially recommended as a share tip at 24.25p in May 2010 on t1ps.com – the website I founded in 2000 but departed from in September – and subsequently updated on here last month. On Friday the company released a production […]

Symphony Environmental Technologies (LSE:SYM), an AIM-listed specialist in advanced plastics technologies including controlled life, anti-microbial, anti-counterfeiting and recycling, is a share tip from t1ps.com that has not covered me in glory thus far – as I noted in a September piece here on ADVFN. Although, at a current 4p share price, the stock trades a […]

Shares of independent oil and gas producer, Frontera Resources Corporation (LSE:FRR), plunged to an all-time low earlier today after the company said gas production from its Mtstare Khevi gas field in the former Soviet republic of Georgia will be delayed until 2013. Over 60 million shares were swapped since trading started earlier today, resulting in […]

 Top broker Ocean Securities has published a buy note on Amara Mining (LSE:AMA) in which it suggests that investors buy the shares at 65p with a target price of 99p. I long followed Amara, formerly known as Cluff Gold on t1ps.com and I also regard the shares as very cheap. As I shall explain below. […]

ASX- and AIM-listed Wolf Minerals Limited (LSE:WLFE) has secured additional funding needed to start the Hemerdon Tungsten Project in southwest England, the specialty metal exploration and development company said today. The company’s majority shareholder, Resource Capital Fund V LP, agreed to provide a funding package of US$82 million (£51 million) secured against the said project. […]

The deluded fools still aboard the good ship Sefton (LSE:SER) were thrown a bone today with news that the pension plan of chairman Jim Ellerton has ponied  up £76,145 in a placing at a share price of 1.1044p – this they argue is a huge vote of confidence in the AIM listed oil stock. Er…perhaps not. […]