PYX Resources: Achieving volume and diversification milestones. Watch the video here.
Yes appear to be very aggressive investors, obviously see a strong potential gain here, remember Oozi Cats sold 7 million shares not long ago at 340p per share and still holds 16 million plus, not sure what there end game is but shares must appear very cheap here given the companies potential and recent product approvals by AT & T,
Having reviewed data on new CEO, IMO looks like he has the pedigree to move the company forward into new business area with his contacts within media markets, and assume trading statement when issued tomorrow will be reasonably positive else would have thought he would not have joined. Have taken the opportunity of adding a few more shares as can see this moving back towards the 10p level over the next 12 months. DYOR & GLA
Yes appears a lot of resistance to break above the 175p level, although BUY volumes still very strong, but hopefully the trading statement when it comes will result in an upward share price recovery, remember trading above 370p earlier in the year, so long way to go on recovery of SP.
Yes appears to be hovering at the moment around this level despite Far Eastern interest in the business and buying outstripping selling this morning by 10:1. I think we need that positive trading statement and all clear on review to push this back over 200p IMO. GLA.
Yes hopefully it is still at the upper end of forecasts, but would also like to see some assurances on conclusion of Yosi Fait review of activities, cost base, etc and there are no concerns going forward. S the B also think the only way out now for Oozi Cats (assuming he wants out) having fallen on his sword is a likely sale after the 6 months agreement not to sell in the sale of £7m in May to a potential bidder for the business. Depending on the update this one could move strongly in either direction IMO, but hopefully it is a positive update.
Yes hopefully it is still at the upper end of forecasts, but would also like to see some assurances on conclusion of Yosi Fait review of activities, cost base, etc and there are no concerns going forward. S the B also think the only way out now for Oozi Cats (assuming he wants out) having fallen on his sword is a likely sale after the 6 months agreement not to sell in the sale of £7m in May to a potential bidder for the business. Depending on the update this one could move strongly in either direction IMO, but hopefully it is a positive update.
Guess if anybody is sniffing around TCM and Oozi Cats had decided he wanted out, he has the perfect block of shares to start the ball rolling shall we say. But if review and trading results healthy can see this making a strong recovery anyway.
By Warren Smith / in UK Broker Ratings / on Monday, 04 Sep 2017 07:18 AM / 0 Comments At the moment 14 brokers are covering Faroe Petroleum (LON:FPM), 14 rate it “Strong Buy”, 0 “Buy”, 0 “Sell”, 0 “Strong Sell”, while 0 “Neutral”.
These should be out later this month published on 20th September 2016 last year, most brokers are forecasting very positive results with half year turnover exceeding £90 million. Share price appears to be reacting already, but see oil price rising as well.
Whilst given previous reports from the company and some general city viewpoints the Intrim results due out on the 19th are likely to be poor, I guess it all depends on how poor as to exactly how the share price reacts. As I have said before cannot really see this one recovering until 2018.