2012 April

Smart move by Borders management. The funding will help with additional work on Darwin which is due to the recent discovery but also the delays on the drill caused by the earlier mechanical issues. The markets can be ruthless and any luke warm results from the upcoming fluid tests would have seen pressure on the …

Disappointing news (intraday) for Afren Shareholders as Nunya-1X comes in water bearing. Afren has had a great start to the year with success on EBOK and in Kurdistan. Whilst this result today is a set back, the company has a long way to go yet before it can determine the full potential/extent of the Keta …

Solid trading update from Sportsdirect which was selected in Jan as part of thesharehub’s 2012 B-list. With the Diamond Jubilee, Euro 2012 and the London Olympics around the corner – business should be strong in the second half. Sports Direct was added to the B-list at 213.4p and is currently 37% up in 2012. A great …

Great news for Bowleven shareholders. Whilst it has been volatile recently with Dragon oil takeover approaches and the resource upgrade – it’s astonishing to see the stock still sub 100p. The company is still a couple of months or so away from drilling their next well and it’s perhaps because of this momentum gap that …

Petrofac was added to thesharehub’s B-list on Jan 2nd, 2012 at 1441p with a target of 1720p. The stock currently trading at 1740p has been above the target price on several occasions showing strength against a weaker market background. The 2012 sp high is 1774p. The company has a $10.8Bn backlog which provides much of …

Thesharehub’s Ophir price target was met today at 575p which is just shy of a Multi-bagger status for 2012. The stock was added to thesharehub hotlist on Jan 2nd at 288.8p with an initial target of 450p. This was raised to 575p after the recent Tanzania drill success – see previous upgrade post see here. …