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Penny Share Review 181
Monday 28 April 2003
The Daily Mail reported that Charles Stanley has a 'Buy' rating for Proactive Sports Group (PAS.L) at 4p. The stock nudged up 0.125p to 4p at 12.01 today, from the closing price of 3.88p on Friday.
On Saturday, the columnist Derek Pain from the Independent mentions Motion Media plc (MMD.L) and says " Still a long way from turning its undoubted technical abilities into hard cash". At 12.01 today, the stock was unchanged from its closing price of 2.75p on Friday
Pacific Media plc (PCM.L) was featured in the Independent on Saturday as having disappointing full-year figures. At 12.01 today the stock had decreased by 0.035p to 0.535p from Friday's closing price of 0.57p.
Today's Announcements
The following companies, in which City Equities customers may have an interest, released announcements to the market this morning. These can be found by entering the relevant company name or ticker code in the search box on this site.
Mediwatch plc (MDW.L) - Placing.
Energy Technique (ETQ) - Trading statement.
Silentpoint plc (SLP) - Final results.
Look Out For This Week
April 28, Monday - UK: CBI quarterly industrial trends survey, Motor vehicle production (Mar).
April 29, Tuesday - UK: Retail sales (Mar), BBA mortgage lending survey, NIESR quarterly economic outlook. US: Consumer confidence (Apr). Eurozone: M3 (Mar)
April 30, Wednesday - UK: Gordon Brown testifies before Treasury select committee.
May 1, Thursday - UK: Manufacturing CIPS (Apr), Final M4 (Mar), M4 lending (Mar), Consumer credit (Mar).
May 2, Friday - UK: Construction sector CIPS.
Compiled by O McCann.
Penny Shares Online - penny shares research and information service.
There is an extra risk of losing money when shares are bought in some smaller companies including 'Penny Shares'. There is a big difference between the buying price and the selling price of these shares. If they have to be sold immediately, you may get back much less than you paid for them or you may have difficulty in selling them. Past performance is not a reliable indicator of future results. The price may change quickly and it may go down as well as up. You could lose every penny put into a particular share.
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