Highlights from my portfolio:
African Eagle Resources (LON:AFE) was bought on a chart break-out and sold after it reached a ludicrous (imvho) valuation. Nevertheless, it has an interesting Nickel project and will remain under careful watch.
Alliance Pharma (LON:APH) has disappointed and I have let a profit turn into a loss. That's not like me and it's a sure way to the poor house. I have sold half.
Avanti Communications Group Plc (LON:AVN) has been disappointing price wise since the launch but the contracts are starting to come in and it's now simply a waiting game.
Copper Development Corporation (LON:CDC) listed and I have bought a few.
Close Enhanced Comm Fund (LON:CED)2 was bought back and is doing nicely. It's not risk free because of third party risk but on the face of it I find it a nice way to play a basket of currencies.
Cairn Energy Plc (LON:CNE) is not exactly a highlight but it's making steady progress since I bought back.
Diamondcorp Plc (LON:DCP) was bought back and sold. A nice momentum trade.
Dialight (LON:DIA) has broken out of th 470 area that was holding it back and is now over 500. It's hard not to get excited about a company in the right sector at the right time and where protectionism is in full force:
http://www.cisionwire.com/the-gupta-partnership/dialight-stands-as-the-only-qualified-u-s--manufacturer-of-led-traffic-signals-for-stimulus-projects-
Weak £ can't hurt the $ in our pockets either.
Davis Service Group (LON:DVSG) returns to health. And it pays a good divi too. They have sold a division. Could they be getting in some dosh to buy something perhaps???
Firestone Diamonds (LON:FDI) sold the diamonds that had been lying around or mined during testing. I've bought back. I wonder whether this one will ever fly but I fancy having a go.
£GCL was bought back and then I doubled my holding. I am more convinced than ever that the next 20 years will not see us light our homes with wind, solar or wave power. That is the stuff of the future. Oil is getting more expensive and harder to extract. I think Uranium will be one of the stories of 2011.
Jubilee Platinum (LON:JLP) was sold on the basis I can find little interest or support for the Conroast technology amongst people I have spoken to in the industry. I am sure it will be a huge success in time but for now my feeling is that there are better places for my money.
Medusa Mining (LON:MML) was sold after Tom Winnifrith frightened the living daylights out of me citing not fully discounted political risk for selling his holdings. I'm an enquiring kinda girl so I set out trying to figure out the nature of the risk. It's taken me a while but this is my conclusion (and it is just an opinion). There is political risk, there has always been political risk and there will probably always be political risk, although the Government are taking what steps they can. Medusa will be on top of that risk and therefore I am happy to put it back in the portolio. I have been in and out like a yo yo but have made net 45 points in the past month. I am currently out because of the gold price.
Monitise Plc (LON:MONI) was sold at the wrong time again. I can't get that one right and have decided to leave it be.
Nautilus Minerals Inc (LON:NUS) suddenly sprung into life today on some further drilling results. I am told by industry experts that it's impossible to get the stuff off the seabed and it's all a load of tosh but on the basis of buy the hype, sell the fact, I shall stay in for now.
Oilex Ltd (LON:OEX) was bought back. I've messed that one up completely by overtrading; let's see what happens this time.
Ram Investment Group (LON:RAM) came out with some nice news today but I had already sold. We all make mistakes.
Specialist Energy Group (LON:SEGR) was brought to my attention and is now doing very nicely in the portfolio. It ties in witih my nuclear plot rather nicely.
Senior (LON:SNR) was sold and bought back. I took a chart signal, it was wrong. They came out with a nice statement today. I wonder when it will soar over 150. Falling £vs $ won't hurt it.
Vatukoula Gold Mines (LON:VGM) trades haven't gone so well. I am out for now on the gold price fall. I may now wait for break of 220. An update is expected in January....what a shame they decided to break with the tradition of doing it early December.
Weatherly International (LON:WTI) ramped up and then drifted. I have no concerns. I attended the AGM and everything seems to be on track. The managment have come out of the disaster that was 2008 stronger and leaner. It is now my largest holding by far.
Zanaga Iron Ore (LON:ZIOC) was bought as an interesting Iron Ore play. It is new to the market and currently under the radar.
Disclaimer:
Please keep in mind that all comments made by Susan Marmor are for educational purposes only and should not be construed as investment advice regarding the purchase or sale of securities, options, futures or any other financial instrument of any kind. Consult with your investment advisor before making an investment decision regarding any securities mentioned herein. Susan Marmor assumes no responsibility for your trading and investment results. Susan Marmor does not warrant completeness or accuracy for any observations made herein, or warrant any results from the use of the information. Susan Marmor may have a position in the securities and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies. There is a very high degree of risk involved in any type of trading. Past results are not indicative of future returns. Securities, options, futures and any other financial instruments can go down as well as plunge.
African Eagle Resources plc (African Eagle) is a holding company. The Company is a nickel exploration and development in Tanzania. It also has gold projects in Tanzania and copper projects in Zambia. Its projects are Nickel Projects, which includes Dutwa located in southeast corner of Lake Victoria 110 kilometers east of Mwanza. The Company also has gold projects in Tanzania and copper projects in Zambia. The Dutwa project consists of two nickel deposits which are the result of chemical weathering of ultramafic rocks, and form caps on the tops of two ridges, Wamangola and Ngasamo. The Company’s subsidiaries include, Twigg Resources Limited, Katanga Resources Limited, Twigg Exploration & Mining Limitada, Twigg Gold Limited, Red Hill Nickel Limited and Tanzania Nickel Holdings Limited. more »
Alliance Pharma plc is engaged in the acquisition, marketing and distribution of pharmaceutical products. It sells a range of over 50 acquired and licensed products across a range of therapeutic categories. The Company has products in two areas of specialization, Dermatology and Oncology that are promoted. Its products include Acnisal, Alphaderm, Aquadrate, Atarax, Quinoderm, Occlusal, Timodine, Meted, Naseptin, Pentrax, Permitabs, Isotretinoin, Hydromol, Dermamist, ImmuCyst, Gelclair and Procarbazine. On December 16, 2011, it acquired the brands Quinoderm and Ceanel from Ferndale Pharmaceuticals Limited. On October 31, 2011, it disposed of Biorphen and Broflex. In August 2012, its wholly owned subsidiary, Alliance Pharmaceuticals Limited, acquired the antimalarial brands Paludrine, Avloclor and Savarine from AstraZeneca UK Limited. In October 2012, the Company’s subsidiary, Alliance Pharmaceuticals Limited acquired Opus Group Holdings Limited. more »
Avanti Communications Group plc is engaged in the provision of satellite communication services. The services are principally provided through Ka-band satellites. On August 2, 2012, the Company launched successfully its second satellite, HYLAS 2. The Company sells satellite data communications services to telecoms companies, which use them to supply enterprise, institutional and consumer users. The Company’s Satellites include HYLAS 1, HYLAS 2 and HYLAS 3. HYLAS 1 can variably re-deploy power between beams and can change the frequency at which it operates. HYLAS 2 can switch power between beam pairs. Its subsidiaries include Avanti Communications Limited, Avanti Space Limited, Avanti Space 2 Limited, Avanti Space 3 Limited, Avanti Launch Services Limited, Avanti Broadband Limited, Avanti Broadband (Ire) Limited, Avanti (NI) Limited, Avanti HYLAS 2 Limited, Avanti HYLAS 2 Launch Services Limited, Avanti Communications Infrastructure Limited and Avanti Caledonian Broadband Limited. more »
