Highlights from my Portfolio:
Carclo (LON:CAR) did nicely today, pleased with that. I am now up 31% and 15% on my two positions and figure that as long as we keep buying electronics I'll keep holding CAR.
£GCL ticked up again, a girl could get used to that. Uranium is being talked up and of course I must be careful but for now it's a useful basket to be in. I have also today participated in a uranium stock placing, more anon.
Central China Goldfields (LON:GGG) rises again and I am now in a nice profit. I wonder whther this is going to be a buy on rumour stock, I shall watch it very closely.
Impax Asset Management Group (LON:IPX) rose again. Well, I bought that on a chart signal and the fundamentals then came along to support that signal. Nice.
Jubilee Platinum (LON:JLP) has been going down since I bought it but I believe in the technology. The chart is pretty much a sell and I'm wondering how much more patience I can give it. I think I'm out if the bid falls below 30p. I wait.
Pathfinder Minerals (LON:PFP) ticked down. Highly speculative and thus far very disappointing. I haven't got very many, so I'll just sit and be patient for now.
Ram Investment Group (LON:RAM) delighted. There I was all bored and ready to sell and today we get news that the first TrainFX system is fully operational and running with 56 more installations by the end of the year. So the price dropped yesterday because? Because the MM's wanted to get people to sell in order to collect stock for today. It's just too annoying. The contract with Great Western is about £1m in size and margins are thought to be around 30%. The point here is that RAM's technology has been constructed in accordance with new European standards, which logically gives them at least first mover advantage. To my view of things, the price is supported and upside follows as contracts [hopefully] roll in. I was bored yesterday, I'm happier today.
Senior (LON:SNR) wasn't much fun today, dropping slightly. The news that GDP grew by more than expected lowers the chance of further QE and with the £ rising against the dollar, one wonders how exactly we're going to have an export led recovery. I imagine SNR price is bound up in all that but as I'm holding from 25p (missing a few p at 34), I'm perfectly happy for now.
Solomon Gold (LON:SOLG) found a place in the portfolio today. I wish I had been able to find a way into the placing or even that I had bought at 7p, when they first came to my attention but all that is water under the bridg and now I await news of further exploration.
Vatukoula Gold Mines (LON:VGM) isn't delighting but the consolidation will be good for the share and the Canada listing even better. I'm happy to sit it out.
Filed Under: Stock Picks,
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