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Penny Stocks News

Delcam – A stock worth a Flutter?

24 Aug 2012 @ 02:12
I remember meeting the management of AIM listed CAD software stock Delcam (LSE:DLC) a few years ago and with the shares having almost trebled over the past 3 years to 810p I am a bit miffed that I did not get rather more enthusiastic. It is one of those companies where the shares never look cheap […]
 

Why buy gold miners? Ask George Soros!

17 Aug 2012 @ 00:50
I could not have put it better than this note from the trading desk at a leading London broker, which I have just been sent. I am sorry that I cannot include the chart referred to but you can guess what it looks like.  The report states: Gold has had a quiet year thus far. […]
 

Lighthouse Group – Almost There: chairman’s days numbered?

16 Aug 2012 @ 14:57
AIM Listed IFA group Lighthouse (LSE:LGT) is to be forced to hold a General Meeting to vote on proposals to boot out Chairman David Hickey and bring back ex CEO Allan Rosengren. This follows Hickey’s failed attempt to get Lighthouse delisted – a move I opposed bitterly. Hickey has been a disaster for shareholders. With […]
 

Cluff Gold – Takeover Target? Yes. But also a mega buy on fundamentals

14 Aug 2012 @ 23:56
Like most AIM (and in this case also Toronto) listed smaller gold companies the share price of Cluff Gold (LSE:CLF) has taken a beating of late – falling by almost 50% to 55p. While many of its peers may have to raise extra cash – hence their share price collapse – Cluff has already completed […]
 

Sefton Resources - Multiple Choice Question for 5000 Albanian Lekke

10 Aug 2012 @ 00:53
I have never tipped – or that I can remember – written about AIM listed oil and gas company Sefton Resources (LSE:SER) and nor have I bought any stock in this penny share hopeful. The history of companies seeking to explore or produce hydrocarbons in the US but listing on Aim is so dire that […]
 

Northern Petroleum – Italy Drilling. It all helps

07 Aug 2012 @ 20:42
43 billion cubic feet of gas sounds like a lot. I am sorry to say that it is not as vast as it sounds. In fact it is rather small (call it 750,000 barrels of oil). This is the Tosca-1 well where AIM listed Northern Petroleum (LSE:NOP) has announced that it has now started drilling.  It […]
 

Falklands Oil & Gas – Do Investors Understand Spudding?

07 Aug 2012 @ 18:14
I note that yesterday, the stock price of AIM listed Falklands Oil & Gas (LSE:FOGL) jumped by 10.25p to 85.25p ( a gain of almost 14%) after it announced that it had spudded its first well in the South Atlantic as it always said that it would do in August. To be fair there was […]
 

Norseman wins Gold Medal for Australia - Unlucky for Some

02 Aug 2012 @ 20:22
Back in Stratford, Australia has just picked up another gold medal in the “Missing quarterly targets men’s relay event” Barry Cahill held the baton for the first 12 quarters before passing it on to Kevin Maloney who stepped in with a blinding finish to ensure that for 13 quarters in a row the AIM and ASXlisted Norseman Gold […]
 

Lighthouse – We Win. Time for Board to Walk – Bring back Rosengren

31 Jul 2012 @ 20:49
The prize shits who sit on the board of AIM listed IFA group Lighthouse (LSE:LGT) have been defeated. They wanted it to go private so they could stick their noses in the trough even more.  Lighthouse needed 75% of the vote to get the de-listing approved. In fact the shareholders voted 54% to 46% against […]
 

SciSys – A Boring Buy at 54p with a 84p target price (plus dividend)

31 Jul 2012 @ 00:30
AIM listed SciSys (LSE:SSY) served up a pretty decent trading statement last week but I am told by the current management that this stock is too boring to be recommended in my normal outlet for share tips and so I bring this one to you on the house.  You see, what young folks forget is […]
 
 
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