LSE Market News

The whole world has set their eyes on the events unfolding in the tiny island state of Cyprus, whose Parliament is set to vote on whether to uphold or reject the bailout terms presented by 17-member Euro currency bloc. At the time I started my writing of this article, the Cypriot Parliament has just started […]

HSBC Holdings plc (LSE:HSBA) is the first to draw blood amongst British banks this year as it faces yet another charge of money laundering and tax evasion cases, the same accusation that had the bank paying £1.2 billion (US$1.9 billion) to US authorities in 2012. Late yesterday, Argentina’s Administrador Federal de Ingresos Publicos de Argentina […]

Mark Twain, having seen his obituary printed in a local newspaper, said, “The rumors of my death are highly exaggerated.”  In similar fashion (pardon the pun), the rumors of Marks & Spencer (LSE:MKS) being taken over by the Qatar Investment Authority, the country’ sovereign wealth fund, also have been highly exaggerated. The publicity sure didn’t […]

To howls of abuse I suggested that Sirius Minerals (LSE:SXX) was a slam dunk sell at 27.75p on the day it submitted planning applications for its Potash project on the North York Moors. My reasons were multiple. Its ability to gain planning permission was a side issue although an RNS last week makes for interesting […]

I have always believed that Imagination Technologies (LSE:IMG) is a good company. And you have to pay for quality. But you can overpay for quality and right now that is what investors in this stock are being asked to do. The company issued a detailed trading statement on 12 March which should not have provided […]

I note an announcement the other day that Blinkx (LSE:BLNX) had granted yet another 1.5 million share options to its senior execs. The subject of executive share options always seems to cause some folks to get their knickers in a twist. I am not so sure. Firstly 1.5 million shares is a lot of shares […]

Another week and another milestone has been reached for Norseman Gold (LSE:NGL). We are not yet at the point where we can say that the shares will return to AIM but we are getting closer. Let me explain. As you may well remember Norseman – one of my moist disastrous share tips in a 25 […]

As you are aware AIM listed joke oil company Sefton Resources (LSE:SER) is suing myself and my pal Dan Levi (Brokerman Dan) for libel. We cannot wait for our days in court as this is getting more amusing by the day. A day or so I asked Sefton the simple question – how many flights […]

Following the trend in the UK’s banking sector, Santander UK is the latest bank to divulge a detailed report on how much its top executives received in 2012, a year full of controversy and billion pounds of fines that hit the sector. In its unedited annual report released earlier today, Santander disclosed there were 19 […]

Egypt based FTSE 250 listed gold miner Centamin (LSE:CEY) yesterday gave guidance for 2013 output – that it does so 2 weeks ahead of the publication of 2012 results is a bit odd. Is it a case of getting the bad news out ahead of the next bad news…the results. The company states that it expects […]