Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
After tonight's Panorama...maybe not )
I posted this...'I posted quite a lot about this one on Saturday...after 3 hours research...there is one problem with it...it has failed to comply with the limits of an exploration licence on one potentially large site (it is seeking an exstension) ...Severstal may just wait for the licence to expire...'
I was interested to learn, via IG markets, that the LSE is starting a new trading system to replace SEAQ on Monday. There is an overview here: http://www.londonstockexchange.com/en-gb/products/membershiptrading/tradingservices/setsqx.htm On that page you will also find a downloadable brochure, with more detail, as well as a list of affected stocks. The key point of interest, affecting all investors and not just traders, is that 4 auctions will be conducted each day for the ex-SEAQ stocks: - An opening auction, completing around 8am - A morning auction completing around 11am - An afternoon auction completing around 3pm - A closing auction, starting at 16:30 These auctions are in addition to conventional market maker quotes, offered continuously, as now. Sharp price moves could occur around the times of these auctions. Those with level-2 data will get a deeper view (from an order book) of the supply/demand for a given ex-SEAQ stock, as they do now for SETS stocks.
maybe they are just gathering shres for a large placement
just shaking the tree in London today to see what falls out...they call it 'making a market'
.
25.25p buy pressure still higher
it may recover some more
.
..
....US cash offer...
everything is bobbing-up and down
http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=1512137
I rather fancy some of these :)'Virtual Vision 4200 offers portable video monitor to meet today's demand for personal entertainment and digital lifestyle. It features 50" virtual screen and focus / brightness control together with Composite and S-Video capabilities and low power consumption. Suitable for gaming and other entertainment purposes, this device boasts advanced features at an affordable price.'
http://www.nwtmintbullion.com/platinum_uses.php http://www.ipa-news.com/ http://www.eastplats.com/ This company has made massive investment in Platinum in South Africa. The website identifies the reserves and current progress. The drop in the sp on 25 Sept appears to reflect a 'knee-jerk reaction to the Sept a/cs indication substantial investment (reflected as an operating loss for the year). The scale of production is about to be increased signigficantly. The company's website includes ' Canadian-based Eastplats was formed in 2003 with the objective of becoming a major producer of platinum group metals. In less than four years the Company has met its objectives by acquiring a portfolio of high-grade platinum and rhodium-rich deposits in South Africa's Bushveld Complex with resources containing over 85 million ounces of platinum group metals. The Bushveld Complex is internationally recognized as containing the world's largest resource of platinum group metals and is geologically unique as it is the world's only source of primary platinum production. In 2006, Eastplats became Canada's largest platinum group metals producer when it acquired a 69% indirect interest in Barplats Investments Limited. This acquisition was accompanied by a successful Cdn $150 million capital raising campaign, much of which has been invested in the Crocodile River Mine operations.'
Given your expertise in this sector I would welcome your views on this. The reference to 7.87 was of course %.
http://corporate.sci.co.uk/default.aspx http://www.citywire.co.uk/News/NewsArticle.aspx?VersionID=97200&re=1851&ea=165211&NewsPage=4 SCI(once a favourite of the city...trading at 600p in January 2006) founded by current CEO, Jane Cavanagh, has dipped since taking over a larger rival, Eidos Interactive. This year it posted a loss. The loss being explained by the delays by Sony in shipping Playstation3. Price competiton amongst games p[roducers and bundled software all have brought price pressure. The current cap value is £359.89m. It has been rumoured to be 'in play' since September when the price was some 300p (which as said not to properly reflect its value). A take-over at (say) £520 million figure speculated in the Daily Express (see the Citywire page)would be 600p a share. The FT has apparently (I have not checked this myself)speculated about a French company (Ubisoft) offering 550p a share: a cap value of some £4.775 million. The company has, apparently, acknowledged approaches from others. The principal share holders are: R Tchenguiz Esq 15.52%, Time Warner 10.25% and Jane Cavanagh 5.58%. As can seen between them they own more 30% of the company. Friday saw significant transfers of shares and a rise of 7.87 in the sp.
Brinkley Mining notes the statement issued to media by Bell Pottinger today quoting a member of the government of the Democratic Republic of the Congo ("DRC"). This statement appears to suggest that Brinkley Mining's agreements with the Democratic Republic of the Congo's (DRC) atomic energy authority, the Commissariat General a l'Energie Atomique (CGEA) will not progress. The Board of Brinkley Mining has not received any such confirmation from the government of the DRC and is seeking further clarification from the atomic energy authority, the CGEA. Brinkley Mining does not yet have any mining or exploration licenses in the DRC and the principal focus of its current operations are in relation to its exploration activities in South Africa. Brinkley Mining regularly updates its shareholders. The Company is not aware of any other information which should have been disclosed and as and when there is any further news to report on the Company's interests in the DRC or elsewhere a further announcement will be made.
http://www.mineweb.net/mineweb/view/mineweb/en/page38?oid=37932&sn=Detail