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LSE Market News

Mining Stocks Make Major Gains

Apr 09 2013 @ 10:33
UK mining share prices rallied today with a a long list of gainers on the F3MNG Index.  The entire sector was up by just under 3.0% at mid-afternoon, it’s biggest gain in a month. Kenmare Resources (LSE:KMR) was up 5.46% to 29.85.  Hochschild Mining (LSE:HOC) was up 4.82% to 280.50.  Petropavlosk (LSE:POG) gained 4.91% to […]
 

Xcite Xceeds Xpectations

Apr 08 2013 @ 08:32
The share price of Xcite Energy (LSE:XEL) jumped as much as 8.25% to 117.25 by 13:00 today on news that its Bentley Oil Field holds much more in reserves than originally thought. It was just over a year ago (20 February 2012) that Xcite announced that preliminary research indicated that the field contained some 550 million […]
 

Sefton- Gotcha! Blatant pre-placing lie exposed

Apr 07 2013 @ 09:21
This is so blatant. I cannot see how the authorities are failing to tackle Sefton Resources (LSE:SER). If the company’s uber expensive City lawyers Pinsent Masons wish to bully me again go ahead – you know where to send your letter and you know where I will file it.  But once again Sefton has been […]
 

Accendo Markets Weekly Roundup, 5 Apr 2013 - BoJ surprise, NFP miss, QE fatigue, Equities retreat

Apr 05 2013 @ 10:53
It’s that time again and despite being a shortened week post-Easter it has been a busy one. Disappointing Manufacturing updates from Japan, China and the US while we were scoffing chocolate were offset on our return by slightly better figures from Europe which saw the week start on the front foot and the UK flagship […]
 

SSE fined £10.5m for misselling

Apr 03 2013 @ 05:33
Regulator Ofgem finds failures “at every stage of sale process” UK energy sector regulator Ofgem is to fine SSE £10.5million for numerous breaches of its obligations relating to telephone, in-store and doorstep sales activities. In a statement Ofgem said the “level of fine reflects the seriousness and duration of breaches, the likely substantial harm that […]
 

Sefton Statement is Laughable – the missing facts

Apr 02 2013 @ 03:22
AIM listed joke company of the year 2001-2013, Sefton Resources (LSE:SER) has this morning released an independent valuation of its Kansas reserves which can only be described as laughable. It is back to its old pal Dr Onat for this corker. It defies belief that anyone should fall for this baloney but here goes. Sefton […]
 

PR prude Kay Larsen does not want me writing this but shares in Advanced Computer Software are a strong buy

Mar 31 2013 @ 15:27
Kay Larsen is the PR bird at College Group PR who believes that she has a right to say how and where her client – AIM listed Advanced Computer Software Group (LSE:ASW) is covered. Furthermore she has accused me of hosting pornography on www.TomWinnifrith.com and claims ( falsely) that I accused a Welsh company of […]
 

Steve Moore is as bearish as I am about equities – but there is value

Mar 31 2013 @ 07:11
The One Free Share Tip A Day  offering yesterday was my review to date of my macro themes for 2013. Some – such as a US Fiscal Cliff fudge, with no meaningful progress on tackling the budget deficit – have been spot on, but others have not come to pass currently. The following comes with […]
 

CPP – Two weeks to near total wipeout: Death postponed

Mar 30 2013 @ 04:32
Once upon a time AIM listed CPP (LSE:CPP) was worth almost £500 million. And then the merde hit the fan. I advised shorting it at 26.75p last autumn and was again saying it was a sell at 4.625p a week ago. The shares are now 3.92p and this one will be resolved within two weeks […]
 

Interquest – Time to call bank profits and sell

Mar 29 2013 @ 18:30
My July 2006 recommendation on t1ps.com (the site I founded in 2000 and edited until this September) of shares in specialist IT recruitment group, InterQuest (LSE:ITQ) is not one which has covered me in glory. Having tipped the shares at 67.5p, they traded above 80p until economic conditions darkened in the second quarter of 2008. […]
 
 
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