The art of releasing news to the market is that you bury bad news on a Friday and announce good news on a Monday. The theory being that poor news on a Friday will be forgotten come Monday. MXP certainly seem to be following the RNS text book as today’s news is certainly much much …
2012 June
2012 Hotlist Results – Week 25
Week 25 of 2012. A relatively quiet week on the broader markets with any spaces of poor news from Europe being comfortably filled by the fast becoming laughing stocks – the credit agencies. One week it’s Moody’s the next it’s the Standard and Poors. There was a time when the markets actually took note – …
MXP – Operational and Financial Update
Looking at the current market action on MXP you’d think it’s playing to a Wes Craven Script. Don’t get me wrong – the ops update below is not pretty and to be honest could have been written much better. But let’s be clear this is not a horror story – but more of an Indian …
One to watch – Parkmead (PMG)
Parkmead has been in the headlines recently more for their bold if not audacious move to take fellow northsea player ‘DEO petroleum’ over. Parkmead is still gathering up % holdings on DEO and was up to around 62% of the DEO’s shares suggesting that they are not far off securing the deal. Like the recent …
2012 Hotlist Results – Week 24
Week 24 of 2012. A good week for markets as brave investors looked to pick up bargains ahead of the crucial greek vote on Sunday. A risky business but calculated. It’s worth noting that the markets were heading towards a similar make or break decision by the greeks last Autumn when agreeing Austerity plans. Once …
2012 Hotlist Results – Week 23
Week 23 of 2012. A skeleton review (lite version) of week 23 from a very sunny but fresh Johannesburg. Whilst most of the talk at present out here is all about the Rugby, the Markets and the Global recovery woes are firmly in everyone’s minds. With Greek election set for June 17th the markets tip …