Apple revenue miss - City panicking again? Apple’s revenue miss announcement should have been expected by the City : China quarantine of cities, restriction of movement , restriction on the number of people per dwelling able to shop , and returning people, from the countryside, required to self quarantine. The City should have expected the hit from Apple - B warned on China so did Kering.
Frontera Public Statement Opposition Turns On Soviet Union Anthem During Parliament Speaker’s Speech [link]
Usual Market Maker bounce closing shorts with buy and sell trades in open market before news Many long term investors have seen this pattern many times before but with Xtract Resources being debt free , owner of the Manica license , many other assets too . It’s hard for the Market Makers to create interest so in my mind they spike the share price in lull periods slap shorts on then watch the retrace gather traders shares . Yesterday’s gains wasn’t a spike in my mind that happened a couple months ago at 2.06p /share to sell . I sold half my holding on that spike and haven’t bought them back no need . I’d be so disappointed trading XTR when substantial news arrives I wouldn’t entertain the fear of that disappointment hence like many I’m just watching the MM’s , traders swap shares but the MM’s will be the winners of that battle . Currently the Market Makers have Xtract Resources , Market Cap around the £4.2m mark . With the sale of fair brides being banded about at a minimum of US$20m , let alone the other hard rock sites within the Manica license area that makes Xtract Resources grossly undervalued . Traders will say otherwise and yet 10% gain here 10% there is fine on a spiky share but Xtract Resources is no longer a spiky share . Watch the MM’s walk this up now as they’ve done so many times before but this time a re-rate may take XTR to the next level . Where is that … ? … a lot higher than current Market Cap .
Level 2 Close . . . . 181.20 Open . . . . 180.00 High . . . . .182.80 . . . 08.00.28 . . OT Low . . . . . 178.20 . . . 08.49.06 . . AT MD Auc . . Full 196,998----275,067 38----49 LSE Vols . . . . 157,117 . . . 102 trades AT trades . . . 88 OT trades . . . 14 Spread 178.6-----179.4 . . . Mid 180p Brent Crude . . . $56.75 . (-1.03) . (-1.79%) . . . (15mins delayed)
IC electric vehicles IC flags up if UK will be ready in time for EV switch from petrol/diesel vehicles. 2035 ,15 years away and battery technology needs to satisfy consumers in terms of fast charging and current range in that time. JM’s cathode technology and new factory bodes well. We also see Governments switching their focus to more environmental issues.
ii EAU… XXXX Dream . These were suspended on the 11th Feb 2020 after over 150% increase since November 2019. Came back much the same price above 7pm . look like a favourite with chart traders . Maybe an example of buying into a rising share but if you did buy around suspension its down on that as of today . And the Article below was suggesting 19p !! Eurasia Mining: What happens when trading resumes? by Alistair Strang from Trends and Targets | 12th February 2020 08:50 With trading halted at precisely our chartist’s price target, he looks at what might happen when suspension is lifted. Our 31st October review of Eurasia Mining (LSE:EUA) proved accurate. It also confirmed our grasp of time is tenuous at best, the share taking until the start of February to trigger a rise. And now, having achieved our 7.25p target, the share has been suspended from trading, leaving us wondering about our level of prescience. What just happened with Eurasia Mining? It truly is a puzzle, the market only choosing to display the share price as closing above 7.25p on the very day it was suspended, for some reason choosing 7.3p as the “closing price†on a day when the ordinary mortal couldn’t actually trade. Needless to say, a bunch of orders were shown as executed, the final “trade†of the day showing as 7.25p anyway! Quite why these trades took place is a bit of a raised eyebrow, half a million at 85am through to one million showing at 47pm. According to our reports, all trades show a “buy†indicator. We’re a little confused at this. We find ourselves in a strange situation, releasing commentary against a share which isn’t trading. 11 February 2020 (statement via Regulatory News Service) "The Company confirms that, following social media speculation, trading in its ordinary shares has been suspended (at 7.45am today) pending clarification of its relationship with CITIC [China’s state-owned investment company]. “The Company’s AIM securities remain suspended. Further updates will be made shortly.†It’s a share which successfully hit and exceeded our secondary target during the last four sessions and now, it’s a share showing as closing at 7.3p, above our secondary. Therefore it must be regarded as primed for future rises? (by just 0.05p, not particularly convincing) Presumably it’s hoped the suspension shall be short-lived, creating a situation where movement now above 7.9p (the prior highest intraday trading price) looks perfectly capable of a lift to 9p next. If exceeded, we can now calculate secondary at a more encouraging 11.75p eventually. In line with our grasp of timeframes, the secondary target could be longer term or perhaps the day after suspension is lifted. The Big Picture gives 19.75p as a major target for the future, one which requires the price to shrink below 4p to utterly cancel. This brings us to the glaringly obvious. The stock market, always a kind and generous place, will doubtless be perfectly capable of throwing some reversals at the price following trade recommencing. So long as any market games do not drag the price below ‘blue’ (the long term downtrend), we shall be fairly relaxed but’ obviously, should it be taken below the critical line, we’ll need revisit the numbers in a panic. Source: Trends and Targets Past performance is not a guide to future performance Alistair Strang has led high-profile and “top secret†software projects since the late 1970s and won the original John Logie Baird Award for inventors and innovators. After the financial crash, he wanted to know “how it worked†with a view to mimicking existing trading formulas and predicting what was coming next. His results speak for themselves as he continually refines the methodology. Alistair Strang is a freelance contributor and not a direct employee of Interactive Investor. All correspondence is with Alistair Strang, who for these purposes is deemed a third-party supplier. Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Alistair Strang or interactive investor will be responsible for any losses that may be incurred as a result of following a trading idea. These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided by third parties. The content is not intended to be a personal recommendation, and is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. Full performance can be found on the company or index summary page on the interactive investor website. Simply click on the company’s or index name highlighted in the article. 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2019 Results Better than expected, but down due to the cobalt-related impairment and reduced demand and falling commodity prices. Divi remains the sme as I think everyone expected. The start to 2020 has seen more reduced demand and falling commodity prices due to the coronavirus (except gold) sohas to be kept a close eye on. - as always with GLEN. Possibly the predicted demand for cobalt will finally come through that caused the impairment last year, the tie-up with Tesla should take care of that if it all works out. The good thing about GLEN is they will cut production if demand (prices) fall too much, unlike others who will actually ramp up production to cover revenue shortfalls and thus end up working on wafer thin margins. The results highlights mention their cutting of carbon emissions and notes that the fall will be steeper still as their coal and oil reserves deplete over the years. No mention of what they’re going to replace that coal revenue with (they could dump oil production now and no one would notice, in fact GLEN is a NET USER of oil). If they’re relying on cobalt, well, it let them down once already and there are no guarantess that the E.V. revolution GLEN is positioned for will really come off, or when. $5bn capex this year, that’s higher than I was expecting. I’ll be interested to see what that breaks down as when I get time to look at the results in detail.
RNS-Historic EUA… XXXXX Dropped of a little but still above 7 ( Dream )
Opening Prices FTSE100 . . . 7,433.25 . (+24.12) . (+0.33%) Brent Crude . . . $57.25 . (-0.07) . (-0.12%) GKP . . . 40,489 @ 181.2p . . . . . . . . . . . . . . . . . . . . . . . . . FTSE100 . . . 7,367.49 . (-65.76) . (-0.88%) Brent Crude . . . $57.06 . (-0.71) . (-1.23%) . . . (15mins delayed) OP . . . 94 @ 180p 1,000 @ 280p, 2,000 @ 179, 178 & 177p, 5,000 @ 176p, 7,000 @ 175p, 15,000 @ 173 & 168p, 10,000 @ 170 & 165p = 62,000 20,000 @ 183 & 186p, 15,000 @ 184, 191, 187 & 191p, 40,000 @ 200 & 201p and 12,000 @ 249p = 192,000 Book at c. 8.03am 162,594-----251,889 33----35
Frontera Public Statement “January 13: Congressman Markwayne Mullin ®, author of yet another letter, chose to add economic dimension to his criticism. Deploring “a continued negative trend in democratic and free-market indicators,†U.S. lawmaker singled out Frontera Resources (an oil and gas firm based in his home state Texas) for being subjected to “harassment and expropriation attack†by the Georgian government.†Full article: Civil.ge – 17 Feb 20 Letters Gone Unheeded: New Normal of U.S.-Georgia Relations? Georgia is often cited as one of the closest partners of the United States in the region. Last decades have seen the U.S. spearheading efforts to push forward the Georgian democracy. Clearly, Georg…
Powerhouse Energy - Align Research Hello Ripley. PHE went down a bit yesterday but I make up with NCYT that went up a lot yesterday. NCYT had a good RNS out yesterday. loadsadough
Follow the lead. DCTA… XXXXX Hit a new high of 90p today sharp rise last few days .
Gareth Thomas buys big SHRE… XXXXXXX Offer made and accepted from ii . ( 90% non cash ) 41p at present ii share price. Augmentum Says ii Investment Value To Rise Amid Offer For Share PLC from Alliance News | 17th February 2020 15:16 (Alliance News) - Augmentum Fintech PLC on Monday said the value of its investment in interactive investor will be boosted after the Manchester-based firm agreed to takeover Share PLC. The fintech sector investor said its investment in interactive investor, or ii, will rise by 40% to GBP20.7 million from GBP14.8 million at the end of September. Augmentum shares were 0.5% higher at 97.50 pence each in London on Monday afternoon. Earlier on Monday, Share, which owns the Share Centre, an online stockbroker focused on retail investors, confirmed it agreed to a GBP62 million takeover from ii. ii has its own trading and investment platform. Back in 2017, ii acquired TD Bank Group’s UK direct investing business to create the UK’s second largest online investment broker behind FTSE 100-listed Hargreaves Lansdown PLC. ii will be paying in both cash and shares, with some 90% of the offer in stock and 10% in cash. Shareholders in Share PLC will get 4.1 pence in cash and 0.00084 of a ii share per share in Share PLC held. Based on a value of GBP441.62 per ii share, the deal values each Share PLC share at 41p each, valuing the entire company at GBP61.9 million. This price is a 41% premium to Share PLC’s closing price of 19.00p on Friday in London, with the stock 14% higher on Monday afternoon at a price of 33.01p. Share PLC shareholders will own around 6.8% of the combined company. By Eric Cunha; [email protected] Copyright 2020 Alliance News Limited. All Rights Reserved. corporate actionscompany outlookIPOs & new issuescompaniesFTSE Main
Transactions in Own Shares RNS - Transaction in Own Shares Best Regards @ValueSeeker8
Frontera Public Statement Agreed SB, I have mentally parked my Frontera investment but i can now see a glimmer of light. The reds have a loud bark but our distant cousins are still the king of the hill.
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