“I am deeply ashamed to know that I won't be able to pay our staff. They have got mortgages, children. What am I supposed to do?" Jesus Manuel Ampero, Mayor of Cenicientos (Spain) It has been an unpredictable summer. Investors have been wrong-footed by surprisingly strong growth emanating from Europe (read…
SOCO International draws a blank with wildcat exploration well in…
Oil and gas group SOCO International (LON:SIA) is preparing to plug and abandon the wildcat exploration well Nganga 1 in the Nganzi Block, onshore the Democratic Republic…
Caza Oil & Gas sets sights on Windham well drilling
Caza Oil & Gas (LON:CAZA), the AIM and TSX listed exploration and production group, reported this morning that scheduled drilling had started on the initial test well…
CEO INTERVIEWS
Rob Woodward of Scottish media group STV talks to Stockopedia
When Rob Woodward took the helm as chief executive of Scottish media group Stv Group (LON:STVG) in early 2007 he instigated a sell off of poorly performing…
IN COMPANY NEWS
Range Resources kicks off production from second well in Texas
AIM and ASX listed oil and gas group Range Resources (LON:RRL) (ASX:RRS), reported this morning that sales had begun from the second well on its licence at…
IQE posts interim profit as smartphones and optoelectronics drive demand
Shares in IQE Plc (LON:IQE) edged up nearly 4% to 26.5p this morning on news that revenues had surged by 54% to £33.0m during the six months…
INVESTMENT COMMENTARY & ANALYSIS
Parseq (LON:PSQ) (which recently changed its name from Intelligent Environments after its reverse acquisition of Documetric Ltd.) made further acquisitions in the fixed assets, staff and customer contracts of Avance Group Limited and Avance Rutherglen Limited. Avance is a Customer Relationship Managment (CRM), credit management outsourcing and business intelligence provider…
Norman Hay Plc delists from AIM; reports improved trading over…
Norman Hay Plc (LON:HNN), the global supplier of specialist heavy industry chemicals, sealants, surface coatings and related processing plants, announced the admission of its ordinary shares to…
How stamp duty can distort investment decisions
Most of us are familiar with the irritation of discovering how much tax we have to pay when we book a flight with a low cost airline.…
Gold and silver analysis: Showing upside promise, with serious downside…
It is, perhaps, significant that yesterday’s rapid upturn taking the gold price up around $15 to touch the $1,250 level and silver trading comfortably above $19 again,…
Stanley Gibbons stamps its foot down with latest acquisition
Stanley Gibbons Group (LON:SGI) , the market leading stamp dealers and collectibles group, this week announced the acquisition of the business and assets of Nigel Haworth, a…
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MARKETS Friday, 3rd September
MARKET SUMMARIES
INVESTMENT RESEARCH
Ever since the announcement of BHP’s massive $39m bid for Potash Corporation of Saskatchewan (Potash Corp) investors have been alive to the investment potential in the hitherto rather mundane commodity of Potash. Into the midst… read more
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