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Buying shares?

Yes I did EE, because I was in low and the current SP had Georgia priced in at precisely zero. If PL decides to sell Texas, the rumour mill is that he will give that back to sharholders as a one-off dividend worth c.5p per share.

Its still buy IMO.
 
jaspa888 said:
Yes I did EE, because I was in low and the current SP had Georgia priced in at precisely zero. If PL decides to sell Texas, the rumour mill is that he will give that back to sharholders as a one-off dividend worth c.5p per share.

Its still buy IMO.
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I though to derisk myself approaching negative territory.

The special dividend is not a rumour, PL is on record on saying thats what he would like to do. Infact that's what he would like to do with Georgia and punt land eventually. Prove it up and sell it.

The only asset they will hold onto is Trinidad as that will be their primary source of regular income.
 
Markets seem to be stabilising so may see a return to the 'risk-on' trade in coming weeks.

I have bought more GON in last few days. Mkt Cap £6m. Had £2m of cash at last accounting date. At that time one of their divisions was earning revenue of £450k p.m. (i.e. c.£6m annualised) and on a fast growth trajectory in an exciting growth industry where a hot US IPO Zynga is due to come out in coming months being valued at 10 or 20 or 40x sales (you can do your own maths on what that could/should do to GON valuation). Other divisions were seeing costs reduced and still seemed to be earning revenues. Overall it has performed well this year and the chart still looks constructive.
 
Ok folks, tell me what will i win or loose. I have 50,000 that i wanna invest ok in trading Oil or Gold or stones.......so tell me what is the procedure and what will i win and loose?
 
Be prepared to lose it all and no one can tell you what your return will be. That is risk for you.
 
A friend in Canary Wharf reckons that many of his colleagues and associates are anticipating a very aggressive rally in late 2011. Heard anything similar pia/EE?
 
One would expect so. The reason the market fell so much was simply fear of sov debt default causing another Lehmans moment in financial markets. Action by global policymakers now is getting aggressive to take that off the table. Corporate profitability has remained strong and they have balance sheets with lots of cash so either they will hoover up cheap companies or investors putting risk back on should drive equities up. Could be similar melt up to March 2009.

Also rallies into year end don't tend to get sold it is seasonally very strong period.
 
Ryankhan said:
Ok folks, tell me what will i win or loose. I have 50,000 that i wanna invest ok in trading Oil or Gold or stones.......so tell me what is the procedure and what will i win and loose?
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Put it in a savings account and do some reading first. For a start, there is some good stuff in the first few pages of this thread for those new to investing. Be warned that most of the talk here is related to investing in the junior share market in London where risk and rewards are high.

Off the cuff investing in the current climate, you will most likely lose it all.
 
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A lot of the individual stock charts I look at seem to have found good support now. Indeed in last few weeks some AIM stocks showed very good resilience to wider market falls.
 
jaspa888 said:
A friend in Canary Wharf reckons that many of his colleagues and associates are anticipating a very aggressive rally in late 2011. Heard anything similar pia/EE?
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Not heard any positive vibes from my contacts. They are much more gloomy in their outlook for stocks... Maybe because they work for RBS!
 
US markets strong into weekend. Will be good going into November/December with Europe sorted to some extent and VIX below 30. Should set us up for a decent Santa Rally.
 
PORTFOLIO COMPANY GEOMERICS ANNOUNCES STRENGTHENING SALES

ANGLE plc, which focuses on the commercialisation of technology, is pleased to announce that its 33% owned portfolio company Geomerics, which specialises in computer games middleware, has made significant progress on a number of fronts.

Sales continue to grow at an encouraging rate. Geomerics' Enlighten technology is now being employed in 18 titles worldwide and is currently in evaluation and under consideration for many more. Among these titles are two of the most hotly anticipated games of 2011. Battlefield 3, from EA DICE, is released on 28(th) October. It is considered a challenger to Call of Duty's market dominance. The game has been backed by a $100m marketing campaign and has received high praise and multiple awards for the quality of its graphics, of which the lighting is driven by Geomerics' Enlighten engine. Battlefield 3 is followed by the release of Need for Speed: The Run on 18(th) November. This is the next game in one of the most successful franchises of all time and is built on the same Enlighten technology as Battlefield 3.

Geomerics is also delighted that it has secured its first deal inside Korea, which will see Enlighten used in multiple titles. This opens up a whole new market for Enlighten and, on the back of sales in Japan, demonstrates that Geomerics is on its way to establishing a strong base in the Asian market.

Geomerics' participation in Epic Games' prestigious Unreal Engine 3 Integrated Partners Programme continues to go well and is yielding a range of new sales opportunities.

Finally, Geomerics has been awarded new grant funding to research applications of its technology on mobile devices. Geomerics will receive EUR470,000 over the next three years as part of a EUR2.8 million EU-funded project researching the next generation of graphics technology for mobile platforms.

Chris Doran, Founder of Geomerics, commented:

"At Geomerics we have tracked the rise in performance of mobile platforms very closely. It is clear that they are fast approaching console performance, and at the high end will overtake this in 2012. We are very excited about the prospect of taking our console technology to mobile platforms, and to contributing to joint R&D on the future direction of graphics technology for mobile devices."

Andrew Newland, Chief Executive of ANGLE commented:

"We are very pleased with the Geomerics' continued strong progress and look forward to the positive market impact when Battlefield 3 launches at the end of this week."
 
Jaspa - rumours of punt land offshore 20% free carried for range....... going to be interesting few weeks. Wish they sort out punt land onshore first!
 
Africa Oil is really pissing me off. I can see RRL losing their permits if we miss the deadline again.

Brilliant news re. Marauder. I nearly choked on my cornflakes when my friend texted me the link this evening. I wonder how the market will react to it though. 8p is based on existing resources, and punty is potentially huge...
 
jaspa888 said:
Africa Oil is really pissing me off. I can see RRL losing their permits if we miss the deadline again.

Brilliant news re. Marauder. I nearly choked on my cornflakes when my friend texted me the link this evening. I wonder how the market will react to it though. 8p is based on existing resources, and punty is potentially huge...
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Marauder mcap is 6m..... Is it an effin joke by RRL? How an earth will Marauder raise so much money unless they are part of a bigger company.

Africa Oil has no part in this. Marauder have confirmed that they have signed MOM in puntland. I suppose we will hear from RRL shortly as this has been leaked.

The clock is ticking with current PSA in puntland.... They have to spud by Nov 15th! They are cutting it very fine to announce it. By 15th we will find out one way or the other.
 
Jaspa - Lets hope we have not lost the permit and its this acreage that Puntland gov handed over to marauder :)
 
CPX looks interesting. Mkt Cap about £11m @ 15p

They IPO'd a few years back at 100p aiming to sell supercapacitors into the mobile phone particularly smartphone market. In terms of power delivery supercapacitors can deliver bursts of energy faster and with less power consumption on the battery e.g. a possible major use at moment is powering LED flash on camera smartphones. It was clearly ahead of it's time and the shares collapsed on lack of orders. Their manufacturing partner Murata recently announced a big scale up in their production from 10's of thousands to millions per annum so this could be a major turning point. They sell supercapacitors at about $3 per 'chip' so if they do penetrate any decent high selling mobiles the potential is enormous. One worth having a look at.

Brokers currently have 32p and 50p price targets on it but those were prior to this Murata announcement so I think they are behind the curve. If this is indeed ready for commercial roll-out now then the potential should be 100p+
 
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Eagle_Eye said:
Jaspa - Lets hope we have not lost the permit and its this acreage that Puntland gov handed over to marauder :)
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Shut it!

That was my first thought too, but my psyche much prefers the alternative, less depressing explanation...
 
jaspa888 said:
Shut it!

That was my first thought too, but my psyche much prefers the alternative, less depressing explanation...
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The deal talked about is:

2 offshore blocks - 80% Marauder, 20% RRL free carried

1 onshore Nugal - 32% Marauder, 68% RRL

What is more interesting is that the recently relinquished acreage on Nugal by Africa Oil has gone back to RRL, which means the consort agreement must be in force whereby RRL is the hydrocarbon agency for Puntland.

I have a feeling that all of the great and good in Puntland must have large shareholdings in RRL via proxies.

Assuming its not all a scam, choosing junior partners provide great opportunity to maximise the returns as well as a delinked vehicle to sell easily. In the background, same old faces are linked with Marauder like Keith Hill (Africa Oil) and by that we can assume Lucas Lundin (Africal Oil)........
 
MST - Placing £1.8m (Mkt Cap post placing is c.£6m)

'Key trading partners invest £600k' as well as or including this Chinese distributor ?

They sold about 1000 units last year for £400k in revenue so about £400 a pop ?

They now claim to have a smaller, cheaper product and talking about potential sales in China from this Distributor of 75,000 !

Assuming the price can be got down to £100 that'd be £7.5m in sales.

The real long term value will be the re-fill cartridges though.

All does sound a bit outlandish at moment and would like to see some actual orders and delivery in terms of financials but trading partners investing heavily in this placing makes it seem kosher?

http://fool.uk-wire.com/Article.aspx?id=201110251603198262Q
 
SRB still in considering buying more they are at major investor conference over next few days

New Orleans Investment Conference where some of the leading lights in gold circles will be headline speakers likes of Schiff, Gartman, Faber, Rule etc

Should raise profile then hopefully deliver some good drilling results

Got it locked away spread in several accounts ISAs etc so don't really look at it on day to day basis
 
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GON - starting to move, I imagine MDY shareholders will look to follow Wong into GON after massive success of MDY ?
 
GON reminder

pia786 said:
The guy who runs the website above reckons GON Chinese ops now has 350,000 active users. Apparently other Chinese online MMORPG sites achieve revenue of $4-7 per user per month. Sounds nuts but that'd be annualized revenues of potentially $16-28m on annualized basis. So about £10-17m. Some of these listed Chinese gaming companies trade on 5-10x sales so if that all holds true GON could be worth £50-100m. That'd imply a share price of 6-12x current level. Huge upside to go for, have a significant position already just waiting for company to confirm some of this speculation. If they do I would buy significantly more.
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big.chart
 
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Jaspa - Strange days over at RRL... we get an RNS to tell us to expect and RNS in few days.... Weird!

D-Day friday, whats your gut feeling?

I think Georgia will be non-commercial, but positive news from TT, Texas and Puntland. Might dampen sell off for RRL but will be carnage for RMP.
 
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Pia - what you make of bzt special divi of around 32p? Considering SP is at 32p now!

Too good to be true?
 
Seems that way. I've looked at it on and off because on simple broad valuation measures it looks the cheapest stock around but the deposit is very deep and very low grade so pretty much uneconomic. It'll only be worthwhile if commodity prices go up a lot. Goldfields have just bought themselves a very cheap option which is pretty much all in their favour. Think BZT management have been trying to job this on for a while and this is the best deal they could do so beggars can't be choosers. I would not want to be locked in to something at 32p in the hope of making 100% when other stocks in the market might go up 200-400% if the right commodity price outlook eventuates which would result in the option being exercised. Key thing here is the opportunity cost.
 
pia786 said:
IGE Imagescan RNS looks worth a read this morning.

Mkt Cap £2m. Cash £1m. Order book £4m.

They do 3D X-ray scanners for Security and Industrial use.
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moving today, worth keeping an eye on, you really have to believe the long term story because you will get screwed over paying the spread on that, think it was 2p to sell 3p to buy earlier !
 
Eagle_Eye said:
Jaspa - Strange days over at RRL... we get an RNS to tell us to expect and RNS in few days.... Weird!

D-Day friday, whats your gut feeling?

I think Georgia will be non-commercial, but positive news from TT, Texas and Puntland. Might dampen sell off for RRL but will be carnage for RMP.
Click to expand...

We all know it's an imperfect market, and I would have expected any good news from RRL to have leaked into SP changes, especially it being dual-listed.

I am expecting a zero/poor result, with valuable information to take onto next TD. As you say, bad news may be offset by good news in TT and Texas, as is PL's way...
 
Markets look like they are off to the races

SXX interesting RNS and chart seems poised to go higher
 
Stunning drilling results in SXX. The management decision to make north Yorkshire #1 target has been vindicated. The planning permission debate should now commence.

This is still my favourite stock. Diversified projects, plenty of cash, directors balls deep in shares, world class management team, resource much in demand.

This went to 22p off nothing, do still think we'll hit 20p by Christmas inshallah.
 
pia786 said:
Markets look like they are off to the races
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What do you guys think of the euro bail out deal?

It will be good for the market in the run up to Christmas (the much-vaunted pre-Xmas rally?), but I can see serious problems early next year once the true state of the Italian and Spanish economies becomes apparent.
 
Since this whole financial crisis started it has all been about the West deleveraging and the Banks needing to be backstopped to stop the process getting out of hand and causing a debt deflation. Time is a great healer so allowing people and Institutions to deleverage is really the only option. Lehmans killed markets because policymakers failed to backstop it and it caused spectre of debt deflation vicious spiral down. Luckily they have stepped in to stop a Lehmans situation happening with Greek debt/European banks with Greek debt exposure.

There will be unintended consequences/bubbles from the printing of money which is allowing the extended process of deleveraging. The key in my opinion is to be in assets which aren't leveraged (e.g. unlike Western property) and are going to be wanted by the Emerging world rather than the deleveraging Western world. Gold is the main one I can think of. Potash is another topical one.
 
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VIX below 30 that is major turning point in my book

Would like to see a re-test of 30 on VIX before getting heavily into the market but quite a lot of strategists do say below 30 is when you want to invest

I was saying a few weeks back any time VIX is above 40 in the long term you've done well to buy. At the time it seemed stupid with markets at lows but it proved to be exactly the thing you wanted to be doing.
 
CPX

An old Bulford article


One small-cap tech stock to put on your list

By Tom Bulford Dec 01, 2009

This week I was given a new mobile phone by Vodafone. It had, unlike my old one, a camera, a radio, internet access and probably all sorts of other exciting things that I am yet to discover. All manufacturers want to load up their mobile devices with extra functions, but unfortunately battery technology is not keeping pace.

The amount of energy that a battery can store is growing by approximately 8% per year. But the power consumption of mobile devices is growing at more than three times that rate. Increasing battery performance is critical to all sorts of new technologies from the handset to electric cars. But a way of making more of what a battery can deliver today is by using a super-capacitor.

But progress is being made. It comes in the shape of something small and thin that may be found inside your mobile telephone. It is called a super-capacitor, and it can alleviate one of the biggest challenges of the consumer electronics industry…

How super-capacitors can give batteries super power

A super-capacitor is a variant of a capacitor which is itself a type of battery. Whereas a conventional battery stores a large amount of power and releases it gently, a capacitor can store a lesser amount of power but deliver it more quickly.

A super-capacitor is half-way between the two, storing a medium amount of energy and releasing it with medium force.

One application is for cameras within mobile phones. Today most mobile phones include a camera, but the quality of picture is often not very good. That's because, unlike a regular digital camera, the phone version does not have a flash bulb. The reason for this is that each flash requires a huge burst of energy and too many flashes will soon run down the battery.

A super-capacitor can act as a buffer, storing a low charge from the mobile's conventional battery and then delivering it when required with the sort of oomph necessary for a flash.

Using advanced materials, Australian super-capacitor manufacturer Cap-XX (LSE: CPX) - pronounced 'capex' - has created a tiny, thin super-capacitor which it claims is the best on the market. It has made this for a variety of customers in Malaysia. But specifically for camera phones and certain similar applications, it has licensed the technology to Japan's Murata.

CAP-XX has caught some attention recently. And little wonder. Its share price has jumped from 17p to 34.75p in the last few weeks – a gain of 104% - which is typical of what I look for in penny shares.

But if the forecasts of broker Seymour Pierce are anywhere near accurate, CAP-XX shares will rise a whole lot further.

Here are the numbers. In its latest financial year to June Cap-XX made a loss of AU$3.1m on turnover of AU$7.8m. This year, Seymour Pierce's analyst Derek Brown thinks that Cap-XX will make a AU$1.8m profit on revenues of AU$ 10.6m. Nothing to get too excited about so far.

But now let us look out to the financial year 2011/12. For this, Brown's crystal ball reveals revenues of AU$29.5m, a profit of AU$14m and earnings per share of AU$22.5c, which in real British money is 12.5 pence.

On that basis, the share price trades on less than three times projected earnings. So we can say with certainty that either these forecasts are way too optimistic or else the shares are sure to be about five times higher in three years time.

Brown, in fact, has calculated a fair price of 214p based on a ten-year discounted cash flow model. That is even more exciting – a projected gain of 515% from today's price.

But it is also a huge leap of faith in the notably fast-moving electronics industry.

Murata has built a new factory to produce these super-capacitors, and it is due to open next month. Forecast sales from this factory are the basis of Seymour Pierce's ambitious forecasts.

Will they come true? Well, super-capacitors are not new. And although Cap-XX patented its own version, a technological lead does not necessarily last long in this vast industry.

The shares are intriguing, speculative, and a great example of the type of high growth and innovation that characterises the penny share market. They might be worth a small punt soon.
 
The US market is rallying today .I got out today with some profit. You guys holding ?.You think that we'll see another downtrend in the future or i sit up and up from here on ?
 
All seems a bit too much too soon so may well be a pullback but the whole year has been crap due to European sovereign debt worries so if that is sorted then there should be huge bounceback opportunity as investors put risk back on
 
Someone on iii has helpfully summarised the best part of the company making SXX RNS this morning:

-81.8 metres (true thickness) of total potash mineralisation across all three seams with the hole being terminated while still in polyhalite mineralisation;
- One of the largest potash discoveries anywhere in the world, ever.
- All three potash seams successfully cored;
- 65 metres of polyhalite (potassium sulphate) mineralisation within the Fordon evaporites including two zones containing a total of a 19 metres (true thickness) of massive higher grade polyhalite;
- 7.8 metres of the Boulby potassium chloride seam;
- 9 metres of the Sneaton potassium chloride seam; and
-100% core recovery

Now considering that the company case was based on 5m thickness (not 19m!!!) as announced at the AGM, this investment is increasingly looking transformational.

The Graham Clarke RNS, regarding his poaching from Boulby, shows that the company is far more positive about planning than announced so far.

Another excellent research note by Macquarie Equities:

NB. SXX still only at 20% of their 12 month risked target...



Stock: SXX LN
Name: Sirius Minerals
Price: £0.11
Market Cap (m): £114
Market Cap (m): US$181
Current valuation (DCF): £0.75
12mth price target: £0.75
Recommendation: Outperform
Volatility index:


Event

This morning, Sirius Minerals published preliminary coring results at its first borehole (SM1) at the York Potash Project.

According to the release, 81.8 meters of total potash mineralisation across all three seams (true thickness) were discovered, with all three potash seams successfully cored. 65 meters of polyhalite (a special grade of SOP, or potassium sulphate) mineralisation within the
Fordon evaporites were found, with two zones therein containing a total of 19 meters true thickness of massive higher grade polyhalite according to a first visual screening.

The drilling programme is being conducted with two rigs - the smaller top-hoe rig drills the upper part of the hole before the larger coring rig completes the hole. The drilling of Pasture Beck was commenced on July 31, 2011; Coring depth was reached on October 2, 2011 which commenced the coring of the entire evaporite sequence from 1,162 meteres to 1,669 meters below surface. The cores that were identified by the Sirius geological team are now undergoing detailed chemical and mineralogical tests, with results expected in about four
weeks. Based on the geological analysis and visual of the cores, the thickness and depth of the intersections observed was broadly in line with the borehole prognosis that was based on historical data, and confirmed the outstanding multi-layered potash potential of the York Potash Project.

In essence, one seam of massive polyhalite rock of 7.6m thickness was found at a sea-level depth of 1,483m to 1,492.3m, the other seam of 11.4m was below, separated by a 7 m bed of halite (NaCl, or rock salt).

SM1 is the first new surface potash borehole for almost 35 years in North Yorkshire and is the first ever hole to target the polyhalite potential at these depths. Because of the experience made while drilling SM1 (with some unexpected smaller delays due to rock formations), Sirius is now considering what changes should be made to this phase of project definition drillling program. Due to the variable hardness of some of the mineral zones above the target
horizons, the time to complete coring in each hole is now expected to take marginally longer than originally anticipated. SM2 (near Howlett Hall) is currently at a depth of 672m below surface and has commenced completion of casing. SM3 (near Sneatonthorpe) has the final casing under way. Yet, Sirius still expects to delineate a substantial resource within the original exploration budget of GBP10.5m.


Impact

Although results are preliminary, they confirm the huge potential the Yorkshire Project has as one of the key polyhalite resources in Europe. We will watch and assess with great interest the outcome of the chemical assays confirming the various potash grades. The 19 meter thickness (combined) of the massive polyhalite is in our view exceptional and could, once mined, transform the European SOP market. The previous exploration target assumed just a 5 meter thickness of polyhalite. Once the polyhalite purity is confirmed, we will revisit our DCF on the York Project that we outlined in detail in our Sirius Minerals note dated October 25, 2011 ("Sirius about Polyhalite").


Action and recommendation

Until the publication of the chemical assays, we leave our target of GBP0.75 for the Sirius shares unchanged. Our 25 October 2011 publication clearly describes that the GBP0.75 is a risk-adjusted (50% finding risk) target. If we moved that risk-adjustment lower, one could justify an even more ambitious target for the Sirius shares, which are expected to trade significantly up today. The GBP0.12 closing price of October 26, 2011 has some "sirius" upside, in our view.
 
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On the subject of CPX I was re-reading the Results statement from a few weeks back. Many seemed to dismiss it because of the headline numbers showing losses. However reading the detail it is one of the most bullish RNSes I've read for a long time.

http://fool.uk-wire.com/Article.aspx?id=201110170700082120Q

Outlook

The Company had recognised that several successful and reliable large scale contract manufacturers needed to be identified in order to pursue the mobile phone market and other opportunities for small supercapacitors. With the recent addition of Murata and Nationgate, CAP-XX's long term supply strategy, for these markets, is now in place. Access to capacity for the longer term is also in place to meet the expected increase in demand for the CAP-XX supercapacitor.

Murata is well recognised as a worldwide components manufacturer and already supplies to large mobile handset manufacturers. Murata's worldwide distribution expertise will also assist with the sales and marketing of the CAP-XX supercapacitor. Murata have commissioned its production plant and have commenced sales, which it forecasts to be higher in the current financial year. Polar Twin Advance and Nationgate are also well known in South East Asia as contract manufacturers of choice and have been operating successfully for more than 10 years. Both have impressive lists of customers.

Separately CAP-XX is in the process of identifying other potential partners who have the necessary manufacturing experience and scale to successfully partner with CAP-XX for the automotive market opportunity.

As previously reported, Murata via its already well established supply chain interaction with the mobile handset manufacturers, has assumed the business development role in acquiring a mobile design win which would incorporate the CAP-XX supercapacitor. Although progress has been impacted by the global slowdown in the electronics market, expectations remain high. Murata has advised that it commenced shipping supercapacitors in the 12 months ended 30th June and it is promoting supercapacitors strongly to mobile phone manufacturers and other applications. It is planning for strong growth in volumes in the 12 months ended 30th June 2012 and the year after. In parallel, Murata is working closely with CAP-XX in developing next generation supercapacitor solutions.

CAP-XX continues to pursue other business opportunities in addition to mobile handset manufacturers and good progress has been made in a number of other markets. Sales volumes in the second half of the 2010/11 financial year were strong. Early indicators of an increase in customer forward orders and new enquiry levels suggest that the electronics manufacturing market is in a state of recovery and the Company remains confident of growth in the newly identified CAP-XX markets.

The major short term focus for CAP-XX is to: complete the licencing of its new surface mountable supercapacitor, ensuring that distributors are in place to capture the demand from the emerging markets, securing a partner for the automotive market which can provide the necessary manufacturing and sales assets and ensuring the new business opportunities identified above are aggressively pursued.
 
AGL going vertical !!!

93-95p today having been alerted just a few weeks ago at 30p and previously 23-24p on this thread !
 
RNS from RRL much as expected. Georgia not successful (yet), but mitigated by increased p1 reserves in T&T.

Watch those lemmigs jump!

I expect it will drop 20%, and then go back up next week when further updates on Texas and T&T promised.
 
pia786 said:
I'm retaining most of my AGL but sold a bit to buy CPX
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I sold at 88p this morning, locking in a 33% profit. Not brilliant, but the first profit Ive seen in months so Ill happily take it!

Ive gone back into XEL this mornig with the proceeds. Expected DECC announcement in the next 2 weeks, so that alone should see it back into the 250's.
 
jaspa888 said:
RNS from RRL much as expected. Georgia not successful (yet), but mitigated by increased p1 reserves in T&T.

Watch those lemmigs jump!

I expect it will drop 20%, and then go back up next week when further updates on Texas and T&T promised.
Click to expand...

I was in a meeting when RNS came out... its exactly how we predicted it!

Should have stuck to my gut feelin and watched it from sidelines... could have picked up extra shares today!
 
Profit is a profit mate. I have taken some in AGL as well but IF they do have the cancer breakthrough they are suggesting it could still 10 or 100 bag from here so I am leaving a healthy position in there as a core holding and will trade around the egdes as news comes out.
 
Could be some real whooshes in stocks in coming weeks as cash that has been on sidelines/bonds comes back into Equities.

Time to get your bull horns back on.
 
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jaspa888 said:
I sold at 88p this morning, locking in a 33% profit. Not brilliant, but the first profit Ive seen in months so Ill happily take it!

Ive gone back into XEL this mornig with the proceeds. Expected DECC announcement in the next 2 weeks, so that alone should see it back into the 250's.
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Haha mate... your and mine trading patterns are looking the same.. I took profit from AGL few weeks ago at 65 and put in XEL (can finally buy with HSBC)
 
David Schwartz in FT

http://www.ft.com/cms/s/0/60a5f310-0090-11e1-930b-00144feabdc0.html#ixzz1cAVftN5d

To my eye, pessimism is a useful contrarian indicator – especially when investors ignore positive facts that address their fears. For example, the UK stock market has just risen five weeks in a row – the first time a rally of this length has occurred in 2011.
History suggests that five weekly gains in a row is a strong bull market signal. There were 162 occasions since 1950 when the stock market rose five weeks in a row. A bull market was running in 93 per cent of those instances.
Another fascinating point is the linkage between painful bear markets and profitable follow-up bull market rallies.
Throughout the last century, all painful bear markets were followed by rebounds that raised prices by at least 100 per cent from their low. The FTSE 100 bottomed out at 3,530 in March 2009 after losing about half of its value. So, if history can be considered any guide, we have more upside to come before this bull market ends.
Looking at the calendar offers more good news. In 30 of the past 33 years, the UK stock market has risen between November and May. A trend like this one suggests good odds that shares are likely to bounce in the next few months.
Shorter-term trends have turned positive as well. Share prices have been trapped within a narrow trading range for several months. Occasional breakouts were quickly reversed. But our chart suggests that a decisive breakout has just occurred.
Unfortunately, the European financial crisis is a major problem that can override all of these trends. EU leaders have consistently disappointed investors for more than two years.
I suspect that part of the problem was the leaders’ unspoken belief that financial markets could be bullied or persuaded with a well-worded speech. Happily, they have come to recognise that decisive action is the new order of the day. On balance, I think stock market prospects for the next few months are reasonably positive.
 
ANGLE plc ("the Company")

WORLD TECHNOLOGY NETWORK AWARD

ANGLE plc ("ANGLE"), which focuses on the commercialisation of technology, is delighted to announce that its Middle East Director, Dr Athar Osama has been awarded the prestigious World Technology Network (WTN) award and has been elected as a fellow of the WTN.

ANGLE employee, Dr Osama is the first Pakistani to receive the WTN award, which are seen as the "Oscars of Science and Technology". With this award, WTN has recognised www.Muslim-Science.com, which was founded by Dr Osama as an agent of change.

Muslim-Science.com is designed as a platform for a dialogue among Muslims and between Muslims and other communities about the state of science and technology in the Muslim World and the influence of Muslim faith on the former.

The Previous WTN award winners include Al Gore (US former Vice President), Mohammad Yunus (founder of Grameen Bank), Mark Zuckurberg (Facebook founder), Larry Page (Google) and Tim Berners-Lee (Inventor of Internet).

Dr Athar Osama, Director of Middle East and Asia for ANGLE commented:

"I am honoured to have received this award. There is major potential in connecting Muslim technology to Western markets and vice versa. The Muslim World that has for too long now been only a consumer of knowledge and technology generated in the West now has an opportunity to leapfrog several stages of development and become both an intelligent user and producer of scientific knowledge and technological innovation. Many Islamic countries, including Saudi Arabia, Qatar, UAE, Malaysia, Pakistan, Iran, Jordan, and Egypt have, in recent years, shown remarkable ambition to invest heavily in science and innovation and ANGLE is pleased to have played our part in laying the foundation of a science and innovation revolution in the Islamic World."

Andrew Newland, Chief Executive of ANGLE commented:

"We are very proud of Athar's success. Dialogue about science and technology is an excellent way to improve understanding between the Muslim and non-Muslim communities and ANGLE is delighted to have supported this communication through our extensive involvement in the Middle East over the last several years."
 
CPX - two excellent reasons for it to be going up now

1. The positive fundamental news on trading and strategic positioning from last week
2. Positive technical news today. RNS shows that there is an overhang being cleared which sort of explains why it is so 'cheap' and once that overhang is cleared the stock should receive a filip.

http://fool.uk-wire.com/Article.aspx?id=201110310853491331R

I bought more today. More I read about this company more I like it. As if mobile phones isn't a big enough market with qualified global manufacturers they are also targeting the Electric Vehicle market with their supercapacitors which could help address one of the major issues with EV's namely the limited storage capacity of batteries and thus range issues.

Annual Report here :- http://miranda.hemscott.com/ir/cpx/pdf/Annual-Report-2011.pdf
 
pia786 said:
VIX below 30 that is major turning point in my book

Would like to see a re-test of 30 on VIX before getting heavily into the market but quite a lot of strategists do say below 30 is when you want to invest

I was saying a few weeks back any time VIX is above 40 in the long term you've done well to buy. At the time it seemed stupid with markets at lows but it proved to be exactly the thing you wanted to be doing.
Click to expand...

Looks like we are getting re-test of VIX 30 level but it seems to be on pretty feeble 'scare' stories like MF Global going bankrupt which is no big deal in the grand scheme of things. So looks like a head fake move.

http://blogs.wsj.com/overheard/2011/10/31/one-market-indicator-isnt-too-spooky/
 
More important than general market moves is that individual stock moves are becoming a bit more predictable and tradeable over a few sessions as investor risk appetite returns.

It is well worth reading the RNS wires in the morning when news comes out as some of these opportunities are proving to be tradeable. e.g. today was TYM you could buy in the 6's and it finished the day in the 9's ; other recent examples being SXX and CPX and AGL

My favourite two RNS wires

http://www.investegate.co.uk/Index.aspx

http://fool.uk-wire.com/index.aspx?limit=-1
 
The Greeks are really testing the patience now. Years of mismanagement, over-spending and corruption leaves them a broken country at the mercy of the rest of the euro zone. Yet they still feel that they deserve to retire at 50 on full final salary pensions.

Kick 'em out.
 
Jaspa - This maybe a planned political move for Greeks to vote themselves out of the eurozone rather than France and German seen to be kicking them out..... The bailout money in that case will mainly goto French and German banks to soften the blow of Greek default.

What they do not want is flight of capital from Spain, Portugal, Ireland and Italy if the Eurozone is not seen to be wanting to help out Greece. But if the Greeks vote themselves out then it solves the problem for Eurozone. Greece is gone anyway so its all a game to buy time for Spain, Portugal, Ireland and Italy as well as leading eurozone banks.....

The crisis is not over for a while yet....
 
Of course you are correct that this latest posturing is political face saving.

But the wider point regarding unrealistic and undeserved living standards still stands. And I include Ireland and Spain in that.
 
VIX back above 30 but looking at the bright side at least trend is down and chart wise this is a lower high

t
 
Greece being asked to either take the pain within euro or get out......

Jaspa - Another friday RNS with mixed news lined up for RRL!!...... The Oil is there down below the volcanic overthrust in Georgia but how much will it cos to get there is what deciding on now... RMP wants to continue as their costs are capped whereas Range will want to move on rather than keep throwing money away at it.... Hope they learn a lesson from Matra who chucked money at A12 for years, only to abandon it in the end with great detriment to the SP.
 
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