The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Qualcomm for £9 per share
very low volume today...
Wolfson Microelectronics (LON:WLF)‘s stock had its “add” rating reaffirmed by stock analysts at Numis Securities Ltd in a report issued on Tuesday, StockRatingsNetwork.com reports. They currently have a GBX 170 ($2.61) price target on the stock, down from their previous price target of GBX 255 ($3.92). Numis Securities Ltd’s target price suggests a potential upside of 15.45% from the stock’s previous close.
Wolfson Micro’s shares surge on Sharp deal and market thumbs up All News (Home), Component suppliers, Financial July 17, 2013 Leave a comment Good time to buy, suggest analysts Shares in tiny Edinburgh firm Wolfson Microelectronics soared by nearly 7 per cent in London trading today (17th July 2013) following news of a deal with Sharp and upbeat analysts’ recommendations. In a reverse of its fortunes last month when Wolfson’s shares dropped 12 per cent in a single day after it was suggested sales of Samsung’s Galaxy S4 phone – for which it makes audio parts – were slowing, this time the AIM-listed manufacturer was bathing in positive news. First, it emerged Wolfson had been awarded a contract to supply Sharp with its WM5102 audio chip, designed to reduce background noise and make calls clearer. This was then followed by a flurry of ‘buy’ recommendations, led by Liberum Capital which suggested the manufacturer’s share price could hit 230 pence or more in coming months – a sentiment endorsed by other analysts such as JP Morgan Cazenove. The 230 pence target is also close to the price paid for shares in May by non-executive director Ross Graham who splurged nearly £50,000 on buying shares at 223 pence, following in the footsteps of fellow non-exec Glenn Collinson who a few weeks earlier had spent more than double that sum on acquiring Wolfson shares at 201 pence. Meanwhile Wolfson has strengthened its management team with the appointment of another non executive director, Charlotta Ginman, who previously was chief finance officer at UK luxury phone maker Vertu and, before that, director of finance at Nokia. Shortly after lunch today on the LSE, Wolfson’s shares had risen to the 150 pence mark, still close to their 52-week low of 140 pence, but a far cry from the year high of 233 pence.
hopefully this is the start of an steady rise.. This has been undervalued by disappointment of samsung S4 sale however, there have been new contracts and I feel the S4 story was exaggerated..
I am out of TNI :). Been very stressful at some points but overal it was a great investment. Good luck to all. Who knows we may see £1 soon.
I dont know if there is any news behind the decent rise today. It is in the highest level in the last 52weeks. Just sold 70% of my TNI shares and will sort out the rest very soon. Does Anyone know when the leveson inquiry's outcome is?
squaremiledata.com is one of the best.. thanks for leting us know.. i registered in 2 second and I can see the short activities in a very clear graph,,
I generally look at the rough number and divide is by the total shares... currently around 4.6%
is there any free website to see the daily activities in the shares on loan? I always use http://www.efinancialnews.com/assetmanagement#_ however the daily movements are not very clear there. I can see from there that there was a sharp fall on the shares on loan few days back but stayed constant after that..!
shorters are covering very fast these days but still they hold more than 4.5% of the total shares
what's all these activities about? any news?
If I can trust the numbers here :http://www.efinancialnews.com/assetmanagement#_ I can see a downward trajectory on the shares on loan. Generally when a SP shoots up very high in a few days, some new shorters appear. It is good that in the TNI case with 65% price increase in few days, shorters did not dare to gather pace. Good to see this and I hope it continues to get us above 50p at least.
As golden girl Jessica Ennis storms into the lead at the Olympic Stadium, the Mirror and Sunday Mirror publisher Trinity Mirror (LON:TNI) will be hoping it has no more hurdles to overcome. Panmure Gordon certainly thinks this is the case following the sacking of the editors of the Mirror and Sunday Mirror and allegations of phone hacking. The group posted a strong set of interim results yesterday, including a rise in pre-tax profits to £35 million in the 26 weeks to 1 July from £30 million the year before. The broker reckons a turnaround story’s underway as heavy cuts helped its performance. “Assuming no legacy impact from the Leveson inquiry, we imagine the shares will continue on a recovery path,” said analyst Alex DeGroote, who is a ‘buyer’ with an increased target price of 90 pence from 75 pence.
2milion share uncrossing trade at 4:35 is shown as a SELL in LSE while it is as a BUY in digital look. Dont know which one is correct. Any idea?
http://www.guardian.co.uk/business/marketforceslive/2012/may/22/yell-digital-banking-covenants
http://boards.fool.co.uk/trinity-mirror-tni-agm-report-12552672.aspx
Trinity Mirror Plc (TNI) rallied 8.3 percent to 32.75 pence, the most since August. The publisher of the U.K.’s Daily Mirror tabloid gave an “encouraging” first-quarter trading update, according to Barclays Plc, which said that advertising revenue in March and April didn’t deteriorate. http://www.businessweek.com/news/2012-05-10/u-dot-k-dot-stocks-decline-before-boe-policy-decisions
and why is that?
Trinity Mirror The publisher of The Mirror and The People has suffered the way other print media outlets have in recent years, with increasing numbers of people turning to online sources and ditching the dead tree approach -- I can't remember when I actually last bought a printed newspaper myself. Profits, along with the share price, crashed, and dividend payments were suspended. But with a belated move towards online news, Trinity Mirror may well have turned the corner. While full-year profits for December 2011 and 2012 will be still way down on pre-trouble times, there's a dividend expected again. And though it'll only be around a tenth of pre-suspension payouts, forecasts suggest 5% for 2011 and 9% for 2012. http://www.fool.co.uk/news/investing/2012/03/13/five-bombed-out-bargains.aspx