Member Info for leedskier

the hostile offer is still 270 and it is formally supported by Barrick. The formal bid requires Celtic to reveal any other offers. If none it will go at 270

MADRID (Thomson Financial) - Red Electrica de Espana SA said its net profit for the nine months to September rose to 191.3 mln eur from 159.6 mln the same time last year, slightly higher than analyst forecasts for 186-190 mln eur. REE said revenues grew to 761.4 mln from 708.3 mln a year ago, at the top-end of analyst forecasts for 758-761 mln eur. EBITDA rose to 545.8 mln eur from 495.9 mln a year earlier, it said.

I think what maybe happening is that large volumes are switching between BB and AL almost on a daily basis...causing a swing in each of up to 6%; I posted a note on BB which suggested a switch to BB in the last couple of days...now it maybe switching back to AL.

Oct. 26 (Bloomberg) -- Crude oil rose to a record above $91 a barrel in New York on an unexpected drop in U.S. stockpiles and concern that supply from the Middle East may be disrupted.

It will not harm it if it is included this time

down to £3.60

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Galleon Receives Supply Order for Latin America Galleon is pleased to announce, on behalf of its Product IP Division that, further to the successful international roll out in the last year of its wholly owned toy intellectual properties "Blasterz" and "Boinx", Pepsico has commissioned a test order for Latin America valued at #800,000.

Key Points: * Turnover from continuing operations up 21% to #15.6 million (2006: #13.0 million) * Operating profits before exceptional items up 8% to #1.3 million (2006: #1.2 million) * Profit before taxation from continuing activities up 72% to #1.1 million (2006: #0.64 million) * Earnings per share on continuing operations up 128% to 1.37p (2006: 0.60p) * Net gearing reduced to 13% from 63% at 31 January 2007 * Transfer of Arcolectric production to China anticipated to produce future annualised cost savings of circa #1.0 million from 1 February 2009. * Expected annualised sales of circa #40 million in 2008 following acquisition of Sifam

Yes I watched it 'unstitch' or is it 'unravel'. I worry if there are private investors who are unaware how quickly penny shares can drop, particularly when the substance of the RNS is that more cash will have to be raised.

yes...excellent day...lets hope it sticks http://en.rian.ru/business/20071024/85322181.html http://www.russiatoday.ru/business/news/15944 may be encouraging

...after the close a buy of £8,987m. @ 401.65p reported

I can only assume City Analyists do not shop at Argus :)

LONDON (Thomson Financial) - Hargreave Hale Ltd said it has bought a total of 3,975 shares in two tranches in Broker Network Holdings PLC at 475 pence each, and now holds 1.08 mln shares, or 7.02 pct, in the company. Yesterday, Broker Network rejected an offer approach as the terms and conditions of that approach were unacceptable. The company said discussions continue and a further proposal may or may not be made. On Oct 12, Broker Network confirmed that it received an offer approach for the company which may or may not lead to an offer. TFN.newsdesk@thomson.com apm/bsu/sal

In fact it was sold to Tiscali for a total of £210 million; see the Chairman's recent statement on the company website...Pipex Wireless to be demerged.

8.4 million bought this morning

LONDON (Thomson Financial) - Home Retail Group PLC (HRG), the Argos high street catalogue and Homebase DIY retailer, reported a 40 pct increase in first half earnings as both divisions achieved growth in spite of "difficult" market conditions. For the 26 weeks to Sept 1, Home Retail made an underlying pretax profit of 149.8 mln stg, up from a pro forma figure of 107.2 mln stg for the previous year.

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yeah I thought the Chinese in HK had that market 'stitched up' :)

it has been trading at a loss on thin air turnover...but like you I never expected it to move so far...the MM's locked in the buyers with a wide spread this morning, I thought that it was going to a pump and dump job...but as appears (as in the case of Umbro...up 60% since buy out rumours) I got it wrong...I must be more trusting of the reaction to good news...strange feature however is the sp didnt move much for more than 40 minutes at the open, no doubt whilst the analyists did their sums.