LSE Market News

AIM listed International marketing services group Cello (LSE:CLL) was a not so hot share tip from me back in August 2010 at 38p. Those who followed me have trousered a few decent dividends but at 40.5p today, investors are not exactly celebrating a ten bagger. Reading today’s results for the six months to 30th June […]

Have you been short of banking stocks recently. How is that working out for you? What has been surprising in terms of the banking sector in the recent past is the way that while one would have thought intuitively that the Libor scandal might have done from some or all of the contenders in this […]

AIM-quoted exploration and production company, Europa Oil & Gas Holdings plc (LSE:EOG) may have found two potential hydrocarbon fields in the Irish Atlantic Margin and is now looking for potential partners to explore the said area, the firm said today. The company issued the statements following a technical update on its 100% owned, 2,000-square kilometre […]

Platinum producer Lonmin plc (LSE:LMI) confirmed it has reached an agreement with the representatives of the disgruntled miners at its Marikana mine in Rustenburg, putting an end to the six-week strike that claimed 45 lives and cost multi-million pound losses for the world’s third largest supplier of the precious metal. “Following an all-inclusive negotiation process […]

Crowds cheered at a football pitch in South Africa but not to support its favourite team. The audience were Lonmin (LSE:LMI) miners, who finally gave in and compromised to a 22% increase in wages announced by their representatives in the negotiation with management that is hoped to bring the six-week strike, which claimed 45 lives, […]

Shares in AIM listed tech stock K3 Business Technology (LSE:KBT) are off sharply today on news that talks with potential bidders are finally – after what seems like an eternity – off. Results for the year to June 30th are also out today and are pretty damn impressive and thus, at 148.5p (valuing the company […]

Latin America-focussed precious metal explorer Condor Gold (LSE:CNR) exceeded its target resource base from its La India Project in Nicaragua but the standard used was that of the Canadian Institute of Mining, Metallurgy, and Petroleum (CIM), the company said today. In a statement, Condor stated it now has over 2.4 million ounces of gold at […]

Another month goes by and yet again I ask “should you believe a word that AIM listed Sefton Resources (LSE:SER) says“?”  Data out tonight makes me certain that there is a major issue here and thus, unless Sefton can show that the State of California is inventing production data, I regard the shares, at 1.5p, as […]

I warned you all on September 6th that JJB Sports (LSE:JJB) was worth 0p a share as when its assets are sold it is unlikely that the proceeds will cover its debts let alone the hefty fees of KPMG etc.  I said that anyone who bought was a loon.  Predictably the loons berated me. But […]

I first tipped AIM listed gold explorer and producer Shanta Gold (LSE:SHG) at 21.5p in July 2011. In my most recent performance stats (August 31st) it is in there at 20.5p but the shares are today trading at 29.25p and are still, very cheap. The Tanzanian based company is valued at £93 million, has cash […]