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www.dailymail.co.uk/money/markets/article-2387879/SMALL-CAPS-MOVERS-ISA-investment-big-effect-AIM-investment-volumes.html
Does anyone have any realistic guesses (based on their experience) for where they think the share price will be in a few months considering the good set of results recently? I noticed price targets of around 50p to 55p and by looking at the charts I don’t see any reason for this not to be correct. Any opinions?
I Just noticed half a page dedicated to Boeings potential 450p takeover of BAE systems in the business section of today’s Daily Mail. I think I may buy some more tomorrow in the hope of a pretty much guaranteed (in my opinion) 10% short term and 20% medium term rise. Fingers crossed that 300p is the bottom as I think it may be.
Research done, 5K investment made. I have made an educated guess that this doesn’t have much lower to fall, hopefully I will be right. HLO has suffered nearly a 200p fall in 6 months, I see no reason why there cant be a 100p rise in 12 months, a 100% increase. Fingers crossed.
I think that may be the case on graph trends alone, at least until results dictates a new trading range.
Does anyone else think the share price has peaked for now around 290 and will start heading toward 250 again before establishing an upward trend?
Northgate plc announced that HSBC Global Custody Nominees (UK) Ltd is interested in 5,361,634 shares of the Company, representing 4.03% of the total voting rights.
Hi Vinnie2fingers. He has not been brought in to liquidate the company. The disclosure of previous liquidising is in accordance with listing rule 9.6.13. The post below by ceedug demonstrates selective cut and pasting from northgates website whereby all the information I am now posting had been ‘looked over’. Northgate plc (‘Northgate’), the UK and Spain’s leading specialist in light commercial vehicle hire, is pleased to announce the appointment of Bob MacKenzie as Non-Executive Chairman of Northgate plc with immediate effect. Prior to this appointment, Bob MacKenzie, aged 57, was most recently Chief Executive of Sea Containers Limited including the Chairmanship of its subsidiary GNER. He was previously Chairman of PHS Group plc, as well as holding senior executive board appointments with National Parking Corporation, BET plc, Storehouse plc and Hanson plc. He has also acted as a Senior Advisor to private equity funds, Texas Pacific Group and Charterhouse. He qualified as a chartered accountant with KPMG in 1978. He is also currently Chairman of Dometic Holdings AB, a Swedish based manufacturing company. Steve Smith, Chief Executive of Northgate, said: “On behalf of the Board, I would like to welcome Bob MacKenzie to Northgate. His extensive experience will prove invaluable in continuing to drive the business forward.”
Fact: RBS and ABN Ambro rates Northgate as a BUY, stating reasons that Northgate are on track to deliver on the goals set in July's strategic plan. I read this in yesterdays Daily Mail, page 103. Opinion: I think you are more likely to make money going long on this share than shorting it, much greater upward potential, could easily reach 300 in the short term.
250
live price 61p
Scott wilson has today been awarded a £9.6 million 2.5 year contract. When they announced on the 14th April they had been awarded a £10m contract the share price increased by 80%. Anyone have an opinion on how this might affect the shareprice?
How I see things (rightly or wrongly) is..... the reason oilexco is in administration in the first place is because if it wasnt it stood a chance of becoming bankrupt and administration was the only way of stopping its creditors bleeding the company dry. From what I understand Premier oil have to fund a cash purchase as this is the only way of clearing creditors debt and therefore releasing it from administration. Yes the purchase will include all assets but as Premier only have £174 million cash spare they are having to raise £173 million by way of a rights issue (total £347 million purchase). After creditors are paid and Oilexco is released from administration, would this not not result in Oilexco being debt free and operating? any opinions please? thanks. ag
In my opinion, I think if Premier oil are prepared to launch a £173 million rights issue to fund a £347 million cash purchase of Oilexco it would only be for the purpose of continuing to run its north sea ventures. Premier have stated 'building a larger position in the North Sea was a key focus for the business' which indicates to me that they are in it for the long run and plan a large return for their investment in the future (e.g. profitable). This is just my opinion so make sure you do some research before investing.
Oilexco is in administration. The acquition by premier oil will remove any court orders against oilexco and it will come out of administration. Premier oil acquires its assets pays its debts and oilexco becomes financially viable again. Oilexco will become part of the premier oil group presumebly and continue to trade on stock market. Positive news for both premier oil and oilexco.