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LSE Market News

Avocet Mining Getting Less on Key Fronts

02 Nov 2012 @ 01:13
What good will it do when you have so much resource but unable to extract them? That must be one of the questions in minds of investors on the London Stock Exchange today as holders of Avocet Mining plc (LSE:AVM) shares dumped their stakes upon knowing that the company’s sole gold mine in West Africa […]
 

Lloyds' “Legacy Issues” Continue to Haunt Balance Sheet

01 Nov 2012 @ 23:36
Lloyds Banking Group’s (LSE:LLOY) Chief Executive Officer, Antonio Horta – Osorio must have been inspired by the Halloween when he made his review for the bank’s July to September financial health and the nine months since January when he, unfortunately, disclosed “legacy issues” continue to affect the bank’s profit-making business. A further one billion pounds […]
 

Centamin Resumes Trading – Sell

01 Nov 2012 @ 21:01
Shares in fully listed gold miner Centamin (LSE:CEY) have resumed trading this morning and are currently 74p. One can make a legitimate case saying that its assets are worth 150p per share. But then there is the reason they were suspended on Tuesday and that is why I would sell as I explain briefly below. […]
 

Centamin: Another Day - Another pathetic RNS. Just not convincing at all

01 Nov 2012 @ 07:53
And so it came to pass on the third day that Centamin (LSE:CEY) issued another RNS insisting that the new Islamofascist regime in Egypt had not after all stolen its Sukhari gold mine. The shares remain suspended because the truth is that no-one has the foggiest idea what is going on. Not even Centamin by […]
 

Centaur Media – Time to bank a gain? Or More to come?

01 Nov 2012 @ 01:55
I originally recommended shares in UK-focused business information, events and marketing services group, Centaur Media (LSE:CAU) in October 2009 at 44p on t1ps.com – the website I founded in my bedroom and edited until September 2012 ( delivering an average gain per tip of 42.7%). But Centaur has been a rocky road – with the […]
 

BG Loses 9 Billion Pounds of Market Value

01 Nov 2012 @ 01:00
The case of London-based global natural gas producer, BG Group plc (LSE:BG.), is a classic example of how one firm tries to break the bad news ever so gently, almost concealing if only there was a way, but is ultimately faced with the reality that the truth will have to come out sooner or later. […]
 

Britvic and AG Barr Starting to Fizz

31 Oct 2012 @ 23:34
Whilst investors had been waiting for an announcement on 30 October regarding the proposed merger between Britvic (LSE:BVIC) and AG Barr (LSE:BAG), the companies, instead announced that they had filed for an extension for negotiations until 28 November. Some of the ‘Nervous Nellies’ watching the news have decided that the announcement does not bode well […]
 

Barclays: Libor-Fixing Scandal Out, New Controversies In

31 Oct 2012 @ 22:15
It’s as if regulatory authorities in the United States cannot get enough of the British financial giant, Barclays plc (LSE:BARC), that after having fined the bank as much as £290 million for fixing the London Inter-Bank Offer Rates (LIBOR) and went to investigate major banks all over the world for the same, two new investigations […]
 

Archipelago Resources: Q3 results in line: buy at 62p – target price 95p plus

31 Oct 2012 @ 08:56
I first recommended AIM listed gold producer, Archipelago Resources (LSE:AR.) back in December 2004 at 27.5p on t1ps.com, the website I founded in my bedroom 12 years ago and edited until September this year. At 62p today it has not been a bad share tip. However third quarter ( to September 30th)  numbers out today […]
 

Skywest Bid from Virgin – What next?

31 Oct 2012 @ 01:42
Australian and South East Asia regional airline Skywest (LSE:SKYW) has announced that ASX-listed Virgin Australia has proposed, subject to conditions including regulatory and Skywest shareholder approval, an Australian$0.4688 (AUD$0.225 cash and 0.53 Virgin Australia shares) per Skywest share takeover offer. Those who followed my original share tip on this one from t1ps.com the website I...
 
 
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