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Penny Share Review 301

30 August 2005

Press

Saturday’s Times attributed a price increase for shares in Alltracel Pharmaceuticals (AP.L) to the partnership deal with Yunnan Baiyao, which was also reported by Saturday’s Daily Express along with various other sources. The plan is to integrate the Company’s m.doc into Yunnan Baiyao’s products and this momentum appeared to spill over into Tuesday morning’s session, as the shares added 1.00p to reach 17.50p.

A raised stake by Global Value Investment Portfolio Management in Corpora (CP.L) was held responsible for its better share price performance by Saturday’s Times, although the price slipped 0.25p to 13.00p during Tuesday morning’s trading.

The Independent reported on Saturday that Gladstone (GLD) named its new Chief Executive as Said Ziai. The shares remained unchanged at 19.50p this morning.

Saturday’s Daily Express commented on “positive results” from Goldstone Resources’ (GRL) drilling sites, which “cheered investors.” The piece also mentioned that the Company would be seeking additional funding over the coming months. The shares remained unchanged this morning at 5.00p.

London Asia Capital (LDC) appeared in The Times on Tuesday under the headline ‘Deal of the Day’, which provided commentary on the formation of a joint venture capital company with Consensus Business Group to supply financial services to China. The shares appeared to benefit from this media attention, as they gained 0.75p to 17.75p this morning.

The Independent on Saturday reported that news of Director share buying was not enough to prevent a drop in the price of Matrix Communications (MXC.L). However, Tuesday morning’s session saw a marked improvement of 1.50p, as the share price reached 154.50p.

NMT (NMT) appeared in The Mail on Sunday in an article that discussed the meeting of Volvere with the potential bidder. The piece went on that ZI Medical (ZIM.L) may be considering offering shares to take over the Company, but this speculation failed to move the share price as it remained at 73.00p this morning.

Tuesday morning prices were taken near to 10.00am on 30 August 2005.

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.

Amphion Innovations: Amphion Invests in WellGen.

1st Dental: Interim Results.

Formation Group: Acquisition.

London Asia Capital: Joint Venture Agreement.

Flintstone Technologies: Proventec Board Changes.

Stanelco: Re Agreement.

Zambezi Resources: Holding(s) in Company.

Look out for this week

Tuesday 30 August – 1st Dental Interim Results. UK Consumer Credit and Mortgages.

Wednesday 31 August – Eurozone GDP Q2. UK GFK Consumer Confidence (August).

Thursday 1 September – Sopheon Interim Results. UK Nationwide House Prices. US Jobless Claim.

Friday 2 September – Eurozone Producer Prices (July).

The next Penny Share Review will be posted on Monday 5 September 2005.

Compiled by Chris Richards.

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