At last some real positive action today and it’s been a long time coming. Some very decent gains across the AIM/LSE commodity sector after Goldman Sachs broke their silence after several months and issued a bullish note on many key players. See ukratings_31may2011_igiam pdf of Broker Target prices. It’s June tomorrow, and that leaves us …
2011 May
Goldman Sachs Energy report – Broker note
Here’s the full list from GS this morning. Surely this note was done prior to the NOP reserve downgrade on Friday? Some bizaar numbers in there so the usual pinch of salt required with this bunch. Goldmans downgrades Premier Oil ‘sell’ in energy sector report Goldman Sachs cut Premier Oil (PMO.L) to ‘sell’ from ‘neutral,’ adding …
Goldman Sachs raises Gulf Keystone Petroleum price target – Finance News
At last we have news from GS on GKP. It’s been almost 2 months since GKP announced an upgrade on their oip p90 figures rising from 1.9bln to 4.9bln. I’ve been baffled why GS remained silent as the news was huge in terms of p90. What is significant – is the timing of this upgrade. …
2011 Hotlist Results – Week 21
Week 21 of 2011. Approaching the halfway turn on 2011 soon and another quiet week for the the broader markets. The FTSE 100 slipped an irrelevant -0.15% at 5939 and is hovering in positive territory at +0.68% in 2011. A virtual portfolio has been set up using the 2010 Dec 31st close figures as a …
Edison Broker note on Xcite Energy
This is an excellent broker note from Edison. That’s a hefty amount of detail there and certainly one to read over the weekend. It’s worth remembering that both Oriel and Edison are leaning towards the conservative side. The TRACS RR was also leaning towards the conservative side. I like this stance as it provides plenty …
Copper, Coal to Lead Three-Year Commodity Rally, says Standard Chartered
Copper, gold, iron ore and coal will lead a rally in commodities over the next two to three years as demand for raw materials from China and India outpaces supplies, according to Standard Chartered Plc. (STAN) “There is a lag between the supply and the demand and that’s going to drive these commodities higher over …