Highland Gold ShareCast News (HGM)



ShareCast News for Highland Gold (HGM)


Share Price: 70.00Bid: 70.50Ask: 71.00Change: 0.00 (0.00%)No Movement on Highland Gold
Spread: 0.50Spread as %: 0.71%Open: 75.00High: 76.25Low: 70.00Yesterday’s Close: 70.00




ASOS Product Director sells stake in firm

Mon, 16th Jul 2012 15:52

Robert Bready, the Product Director of online fashion store ASOS, has sold all his ordinary shares in the firm, less than a week after the company unveiled a strong first quarter.

Bready, who begun his career at the High Street fashion River Island, pocketed himself £2.6m after trading in 143,125 shares for 1,818p each.

Last week the firm posted a 31% rise in first-quarter retail sales after a strong performance from the US, Australia and resilient trading in the UK.

The group said it continues to trade in line with expectations and remains positive about its outlook. Retail sales rose to £137m in the three months to June 30th.

UK retail sales for the three months increased 8.0% and International sales jumped 49%.

Although he no longer holds any ordinary shares, Bready was earlier this year granted 788,604 ordinary shares of 3.5p each, of which half will vest in September this year and half 12 months later.

Shares in ASOS are down more than 22% over the past year, equivalent to 529p. However, since late April things have picked up and in the last month alone shares are up 12.5%, or 207p.



Top Director Buys

Highland Gold Mining Ltd. (HGM)

Director name: Mr Eugene Shvidler

Amount purchased: 2,037,794 @ 110.00p

Value: £2,241,573

Obtala Resources Ltd (OBT)

Director name: Mr Simon Rollason

Amount purchased: 175,000 @ 19.84p

Value: £34,720

VP (VP.)

Director name: Mr Allison Bainbridge

Amount purchased: 8,000 @ 298.00p

Value: £23,840

Equatorial Palm Oil (PAL)

Director name: Mr Michael Frayne

Amount purchased: 100,000 @ 12.70p

Value: £12,700

Software Radio Technology (SRT)

Director name: Mr Andrew Christopher Lapping

Amount purchased: 50,000 @ 20.90p

Value: £10,450



Top Director Sells

ASOS (ASC)

Director name: Mr Robert Bready

Amount sold: 143,125 @ 1,818.00p

Value: £2,602,012

Pacific Alliance Asia Opportunity Fund Ltd (PAX)

Director name: Mr Christopher M Gradel

Amount sold: 353,151 @ $1.42

Value: $501,474

Pacific Alliance Asia Opportunity Fund Ltd (PAX)

Director name: Mr Anthony M Miller

Amount sold: 72,577 @ $1.42

Value: $103,059

Wetherspoon (J.D.) (JDW)

Director name: Mr John Hutson

Amount sold: 3,500 @ 441.70p

Value: £15,460

NR








Wednesday broker round-up UPDATE

Archipelago Resources: Canaccord Genuity lowers target price from 75p to 68p keeping a buy recommendation.
[24 Apr '13]

Highland Gold Mining commissions plant components at Belaya Gora

AIM-listed Highland Gold Mining has reported that conveyance, screening and milling construction works at its new stand-alone processing facility at Belaya Gora have been concluded successfully.
[16 Apr '13]

Wednesday broker round-up UPDATE

Aggreko: Credit Suisse takes target price from 1850p to 2000p staying with its neutral rating.
[3 Apr '13]

Wednesday broker round-up UPDATE

Afren: UBS raises target price from 160p to 200p and reiterates a buy recommendation.
[13 Mar '13]

Highland Gold buys rights for new mine in Mnogovershinnoye

AIM-listed mining company Highland Gold Mining has acquired a license for exploration and mining rights for the Western Flank, a property located adjacent to the company's existing Mnogovershinnoye mine operations in Russia.
[10 Dec '12]

Thursday broker round-up UPDATE

Aberdeen Asset Management: Morgan Stanley raises target price from 365p to 375p; keeping an overweight rating.
[29 Nov '12]

Highland Gold net profit tumbles

Russian gold miner Highland Gold said first half net profit fell to 45m dollars from 70.3m dollars a year earlier while pre-tax profit fell by a third due to the higher cost of sales.
[19 Sep '12]

Resources round-up: Mercury Recycling, Highland Gold Mining, Mariana Resources

It sounds like something from a Sherlock Holmes novel, but a letter from a lawyer claiming to be acting for a South African tribe has caused a big drop in the share price of iron ore explorer Mercury Recycling. Mercury is buying a site owned by Sylvania Platinum in the Northern Limb of the Bushveld Complex in South Africa. The Tribesman claim they have occupancy rights over the land. Mercury says its lawyers think the claim is a load of nonsense. The market is not impressed.
[10 Aug '12]




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