The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksParkmead Share News (PMG)

Share Price Information for Parkmead (PMG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 14.75
Bid: 14.50
Ask: 15.00
Change: 0.00 (0.00%)
Spread: 0.50 (3.448%)
Open: 14.75
High: 14.75
Low: 14.75
Prev. Close: 14.75
PMG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Resource stocks dominate the list of winners

Fri, 24th Dec 2010 20:20

In the unlikely event that a family member will buy you a TARDIS or some other time travelling device for Christmas, here is an overview of stocks that you should have bought at the end of 2009.Oil and gas-focused investor and adviser Parkmead Group put in a late spurt to claim the title of best performing stock of 2010, racking up a 34% rise on Christmas Eve to pip mining stock Condor Resources. The rise seems to have been inspired by news on 23 December that Nightwish Investment had increased its stake to 3.36% of the company. Even before that announcement the company's shares had been a hot property, with the catalyst for the demand being the appointment, in October, of Dana Petroleum's founder and chief executive, Tom Cross, as executive chairman.Cross built Dana up into a FTSE 250 company before reluctantly capitulating to a hostile takeover bid from the Korean National Oil Corporation. Shareholders are gambling that Cross will work the same sort of magic on Parkmead.List of best performers in 2010   Stock Price on 1 Jan Price on 24 Dec % change 1 Parkmead Group (The)  1.08 24.5 2169% 2 Condor Resources  0.43 9.75 2167% 3 Arian Silver  3.75 44.25 1080% 4 Niche Group  0.55 5.5 900% 5 Encore Oil  14.75 132.75 800% 6 Beowulf Mining  3.5 29.5 743% 7 Chariot Oil & Gas  23.5 192 717% 8 Premier Man.Hdg.  0.28 2.25 704% 9 Nautical Petroleum  49 391.25 698% 10 Red Rock Resources  1.85 14.5 684% 11 CML Microsystems  26 163.5 529% 12 Avesco Group  21.5 122.5 470% 13 Mulberry Group  170 906 433% 14 Elektron  8.12 42 417% 15 Blinkx  16.75 86 413% Condor Resources, meanwhile, is a stock that started the year with a share price not even in single digits but which ended it almost in double figures. The gold and silver miner, focused exclusively on exploration in South America, saw its share price take flight after an upbeat interim results statement in late September was quickly followed by encouraging drilling results from its Nicaraguan assets.Completing a clean sweep of the top three for AIM-listed resource stocks, Arian Silver , the Mexico-based silver exploration, development and production company, had a strong fourth quarter, prompted by some encouraging operations updates.At the beginning of the week before Christmas the company announced that mining at the San Jose property is progressing well with 15.2% of the total programme now completed, and the first batch of concentrate consisting of 12.4kg of silver per tonne. Additionally, Arian's chief executive officer Jim Williams said that the San Jose Vein presents exciting potential in 2011, as the group increases its production while silver prices are expected to rise.Niche Group, the investment company that switched into oil and gas exploration in May, saw its share price go moon-bound after it invested £5.6m in Oman Resources to finance exploration of a licence block in the Tuz Golu basin in south central Turkey.John McKeon, who was a founder of AIM-quoted oil and gas explorer Circle Oil, is a consultant to Niche and director of Oman. He is also a consultant to Premier Management, which is transforming itself from a sports agent to a potential gold miner in Kyrgyzstan, and an investor in RAM Investment Group. McKeon's associate Donal Boylan is an executive director of Niche. The aforementioned Premier Management Holdings was another of the top ten performers of the year, despite the shares shedding 28% of their value over the last month.By now, you should be picking up on two themes from this review of top performers: the stocks are invariably small companies, and involved in either mining or oil. We have to move outside of the top ten risers before we move beyond the resource sector, to the world of technology stocks.CML Microsystems, which designs, manufactures and markets a broad range of semiconductors, primarily for global communication and data storage markets, rose steadily throughout the year but the share price really kicked on in October when it announced an agreement under which Toshiba Electronics Europe will provide a variety of Application-Specific Integrated Circuit (ASIC) design and manufacturing services to CML's microprocessor division Hyperstone.Giant TV screen renter Avesco had investors clamouring for the shares in December as it looked likely to benefit from the court case between Celador and Walt Disney over the US profits from TV show "Who wants to be a millionaire?".Avesco, which has a stake in Celador, stands to earn $60m from the court case. Avesco said on 22 December that Disney's appeal against the decision had been thrown out.
More News
12 Dec 2019 16:11

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
15 Nov 2019 10:10

Parkmead Reports "Excellent Year" As Dutch Production Rises 13%

Parkmead Reports "Excellent Year" As Dutch Production Rises 13%

Read more
15 Oct 2019 11:52

Parkmead Notes Submission Of Two Key Platypus Gas Project Documents

Parkmead Notes Submission Of Two Key Platypus Gas Project Documents

Read more
30 Aug 2019 09:34

Parkmead Buys Land In Scotland For Renewable Energy Developments

(Alliance News) - Parkmead Group PLC on Friday said it has agreed to acquire Pitreadie Farm Ltd, which owns land potentially available for renewable energy sites in Scotland, for GBP8.5 oil &

Read more
26 Jul 2019 17:51

Parkmead Group Extends GBP3 Million Loan To Partner By Two Years

(Alliance News) - Oil and gas firm Parkmead Group PLC on Friday extended a GBP2.9 million loan to Energy Management Associates Ltd.The loan, which has been extended two years, means will to

Read more
29 Mar 2019 10:45

Parkmead Group Moves Into Profit After Strong Netherlands Production

LONDON (Alliance News) - UK and Netherlands-focused energy firm Parkmead Group PLC said Friday it swung to profit after higher production helped drive strong revenue growth.For the six to a

Read more
24 May 2018 11:48

Parkmead, Serica, United Oil & Gas And Faroe Awarded UKCS Licences

LONDON (Alliance News) - The UK Oil & Gas Authority awarded five licences to the Parkmead Group PLC, three to Serica Energy PLC, two to United Oil & Gas PLC, and one to Faroe Petroleum PLC

Read more
29 Mar 2018 13:07

Parkmead Interim Loss Narrows; Evaluates Acquisition Opportunities

LONDON (Alliance News) - Parkmead Group PLC said Thursday it continues to evaluate further acquisition opportunities, as it posted a narrowed pretax loss for the first half of

Read more
18 Nov 2016 12:33

Parkmead Group losses narrow despite low oil prices

(ShareCast News) - UK and Netherlands-focused oil and gas group Parkmead posted its preliminary results for the year to 30 June on Friday, with revenue from continuing operations almost halving to £10.4m from £18.6m. The AIM-traded company managed to offset that with a significantly reduced cost of

Read more
14 Sep 2016 13:12

Parkmead increases stake in North Sea oil fields

(ShareCast News) - AIM-listed oil and gas company Parkmead increased its stake in the Perth and Dolphin oil fields in the North Sea, which significantly increased the company's oil reserves. The UK and Netherlands focused company raised its stake in the oil fields to 60.05%, thus increasing potentia

Read more
14 Sep 2016 09:30

BUZZ-Chariot: jumps 18 pct on ops update

** Oil & gas exploration co Chariot Oil & Gas up 18.5%, among top risers on FTSE AIM index and at a near-3mth high after co targets drilling of three wells within next two years ** Says has no debt as at June 30, $29 mln cash at hand ** Peer explorer Parkmead Group up 12.7% ** P

Read more
14 Sep 2016 07:25

Parkmead Ups Stake In Perth And Dolphin Oil Fields In UK North Sea

Read more
29 Mar 2016 08:31

BROKER RATINGS SUMMARY: Merrill Lynch Upgrades easyJet To Buy

Read more
24 Mar 2016 10:09

Parkmead Group Manages To Shrink Interim Loss Despite Fall In Revenue

Read more
23 Mar 2016 10:00

Cluff Natural To Snap Up Three Licences Offshore UK For Nominal Fee

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.