LSE Market News

Italian election leaves inconclusive result causing sharp market falls European markets have opened to falls following an inconclusive result in the Italian elections, with the Frankfurt and Paris exchanges falling by over 2%. Closing whilst election results were being announced New York’s Dow Jones Industrial Average fell by 1.55%. By late morning trading Europe’s major […]

Increasing pressure on UK Chancellor after Moody’s downgrade and sterling concern. The UK’s senior economics minister George Osborne has said the government will “redouble its efforts” to reduce the country’s debts after rating’s agency Moody’s downgrade the UK from AAA to Aa1. Speaking in a House of Commons debate Mr Osborne argued that the rating […]

Energy giant Centrica announces report highlighting its economic benefits Multinational utility company Centrica contributes £14.1bn to the UK economy according to a report by Oxford Economics. Published ahead of the companies full-year results, which are expected to show a 15% rise to £2.77bn, Centrica are hoping the report will fend off public criticism over profits […]

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 […]