12 Dec 2012 @ 22:28
Anglo-Australian commodities producer, BHP Billiton plc (
LSE:BLT), is letting go of a minority stake in a natural gas project offshore of Australia as the company continues to reshape its portfolio to meet the changing landscape of resource markets. The world’s largest mining group signed a definitive agreement, selling its interests in the Browse Joint Venture […]
12 Dec 2012 @ 21:41
Yesterday Tullow (
LSE:TLW) announced that it had let its interests in Guyana drop. The press office at Northern Petroleum (
LSE:NOP) has fielded a number of calls about how Northern was going to proceed with its drilling campaign in the area. Is this an indictment of how badly history is taught in schools or how badly […]
12 Dec 2012 @ 09:35
Shares in Gable Holdings (
LSE:GAH), the AIM-listed non-life insurance company underwriting a range of specialist commercial sector policies across Europe, have continued to make progress since I previously updated on the company towards the end of last month. This follows some positive December news flow, which I review in the following piece. I first recommended […]
12 Dec 2012 @ 00:51
Whilst necessity may be the mother of invention, As Seen on Screen (ASOS) has proven that inspiration is the mother of innovation. The share price of ASOS (
LSE:ASC) rose 91.00 pence (3.69%) in trading today on the news of an outstanding 1st quarter. Good financial reports from retailers are hard to come by these days […]
12 Dec 2012 @ 00:45
Independent oil and gas producer, Tullow Oil plc (
LSE:TLW), was one of the biggest losers on the London Stock Exchange today after the company’s exploration well in a deepwater licence in offshore Ghana, Western Africa found little oil, disappointing investors, who anticipated a repeat success of July’s discovery from the same area. The Okure-1 exploration […]
11 Dec 2012 @ 03:16
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 […]
11 Dec 2012 @ 02:04
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 […]
10 Dec 2012 @ 22:19
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 […]
10 Dec 2012 @ 08:09
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?” […]
08 Dec 2012 @ 19:07
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 […]