LSE Market News

This article first appeared in my bi-weekly free Tomograph newsletter. I guess it now merits a wider audience.  If you would like more of the same sent to you by email (including a free share tip in the midweek issue sign up HERE  In the old days when the Conservative party was led by a […]

Nat Rothschild left the Bumi shareholders meeting in London yesterday, 21 February, having lost a major battle, but vowing to fight on.  Nineteen of Rothshild’s 22 proposed resolutions were  rejected by shareholders.  The Bumi share price followed by continuing its year long 60% decline with a 21.3 pence plunge (5.44%) to 370.0 shortly past midday […]

No one in their right mind ever said that business is easy.  Even the biggest and best of companies suffer the slings and arrows of misfortune.  BAE Systems (LSE:BA.) is an example. Despite less than spectacular results for 2012, investors showed confidence in BAE today, boosting the company’s share price by 5.1% to 349.1.  Shareholder […]

I managed to make even more friends in the Bulletin Board Moron community on 4th February when I explained why anyone with half a brain cell should short Baobab Resources (LSE:BAO) at 35.75p. Since then the company has issued 2 RNS releases about its flagship Tete study blathering on with all the usual guff and […]

There were those who wrote AIM and ASX listed gold miner Norseman Gold (LSE:NGL) off as an investment. That may still prove to be accurate. This has been a sorry tale and one which has made many of us, myself included, look like total prats. But we are not at write-off as yet as a […]

I last wrote on AIM-listed printing company Printing.com (LSE:PDC) following its interim results in November. The shares then traded at 32p, but are currently down at 28.25p following the company announcing today that softer than anticipated European trading and increased marketing expenditure on new initiatives mean “that it is now likely that the company will […]

Widows, orphans, welfare scroungers who need a guaranteed £200 a month to feed their horse, those looking for safe dividends, yield and asset backing…look away. This stock is not for you. It is uber-speculative. But the risk reward play-off is very attractive indeed. AIM listed Forbidden Technologies (LSE:FBT)  could go bust. But I doubt it […]

“We firmly believe we were not grossly negligent,” BP’s (LSE:BP.) General Counsel maintained as the UK oil giant is set to defend itself on Monday, 25 February, in a trial that will determine if there was gross negligence on its part that caused the Deepwater Horizon incident. In a statement released late yesterday, the firm’s […]

Brammer plc (LSE:BRAM) may not be a household name, even to investors, but it is a company worth watching. Brammer released its preliminary results for the year ending 31 December 2012, this morning.  The results include an 11.9% increase in revenue to a record £639.6 million, up from £571.5 in 2011.  That alone might be considered reason […]

Lloyds Banking Group (LSE:LLOY) has been ordered to pay fines in relation to the delays in the payment of the bank for the redress of the mis-sold payment protection insurance (PPI) to over 140,000 customers, who were supposed to receive the funds promptly,the FSA ruled. In a decision dated 15 February 2013, the regulator of […]