LSE Market News

I have noted before the curious way that AIM listed penny share dreadful Sefton Resources (LSE:SER) communicates with its investors. Having advised you to bail at 2p initially I reiterated my sell advice a couple of days ago with the shares at 1.58p after the company issued piss poor interims. But my confusion with the […]

I met up with Marcus Hanke the CEO of red hot penny share tech stock 1Spatial (LSE:SPA) yesterday for a detailed catch up. This company – formerly known as Avisen – has been a tale of woe for investors. Not because it has screwed up operationally but because in share price terms the stock has […]

Gulf Keystone (LSE:GKP) understands the art of writing a half year operational and financial report.  You can’t play with the numbers, but you can be creative with the way you present them.  Sometimes it works.  Sometimes it doesn’t.  Whether it eased the pain according to the company’s expectations or not is hard to tell.  It […]

Labour unrest has reached the perimeters of the world’s largest producer of platinum as Anglo American plc’s (LSE:AAL) subsidiary suspended operations at its Rustenburg mines to “protect the safety and security of its employees from outside intimidation”. In a statement released shortly after 2:00 PM GMT, Anglo American said its 80% owned Anglo American Platinum […]

President Petroleum Company plc (LSE:PPC) has entered the oil industry in Paraguay through a farm-in agreement in two licences that the firm says will transform the company into a middle-sized oil and gas company. In a statement today, the company announced it signed a deal that would earn the company up to 59% and 60% […]

There is now a perfect opportunity to make money on Aquarius Platinum Limited. The company shares (LSE:AQP) are now ready to take off and skyrocket, following a long period of battering by sellers. This is valid because the more extended the selling pressure is and the more the price finds more robust demand zones, the […]

Oil producer Sefton Resources (LSE:SER) today announced its half year results which were – as is normally the case with this AIM listed penny share dreadful, pretty piss poor. A marginal increase in production and in the oil price meant that revenues for the six months to June 30th increased from $2.028 million to $2.283 […]

Just in case you got an extra billion pounds in spare change and don’t really want to keep it, Burberry (LSE:BRBY) can show you how to lose it in minutes.  Simply make an announcement that you are not going to earnings for the year are not going to meet expectations, then watch the sterling fly.  […]

The world’s second largest supplier of platinum, Impala Platinum Holdings Limited (LSE:IPLA), is now facing a new demand of wage increase from its workers, the company confirmed today. In a statement, the producer of 25% of the world’s platinum group of elements supply said it has received another wage increase demand from the Interim Workers […]

The stalemate in the £48 billion merger terms offered by Glencore (LSE:GLEN) to Xstrata  (LSE:XTA) will remain to be as it is even as Glencore has officially announced its revised terms yesterday. Qatar Holding LLC, owner of about 12% of Xstrata and its second biggest shareholder, hinted today it needs more time to study Glencore’s […]