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Penny Share Review 327

06 March 2006

Press

The ‘No Pain, No Gain’ section of Saturday’s Independent featured Access Intelligence (ACC), which noted that the Company has been somewhat of a disappointment. However, it has indicated it is trading at a profit and, as a result, the hope is that the shares will now perk up. Trading during this morning’s session seemed to compound this optimism and an increase of 0.25p was witnessed moving the shares up to 8.25p.

The Independent on Saturday noted a marked improvement to the share price of Carpathian Resources (CPNR) following its update from the Ja3a well last week, which upgraded the amount of gas at the site by 250%. However, this momentum appeared to die-down during Monday morning’s trading, as the shares fell by 0.63p to 5.00p.

EuropAsia Education (EPE.L) received comment from the Daily Express on Saturday, highlighting an improved share price resulting from news that China Education, investee company, had signed a deal giving it access to 1m Chinese students. The shares continued to rise this morning, gaining 1.50p to 7.50p.

An article in The Mail on Sunday, below the headline “Anger over investors’ ‘lost’ £1.3m” provided an update on the Setstone (STN.L) situation. The piece informed readers that the UK Shareholders Association is canvassing support to call for an EGM after the Company loaned money to mining group SHG Holdings, which was not repaid and the shares were subsequently suspended from trading. The news comes as AIM is clamping down on the behaviour of cash shells.

Monday morning prices were taken around 10.00am on 6 March 2006.

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.

Desire Petroleum (DES): Drilling Report.

Dermasalve Sciences (DRM): Four New Products Launched and Gartmore Acquires 7.79%.

Dickinson Legg Group (DKL): European Tobacco Dev Offer.

Ennstone (ENN): Holdings in Company.

Gaming Corporation (GMC.L): Trading Statement.

Lupus Capital (LUP): Final Results and Acquisition.

Mercator Gold (MCR): Interim Results.

Proventec (PROV): Holdings in Company.

Look out for this week

Monday 6 March – Final Results from Lupus Capital (LUP). Interim Results from Mercator Gold (MCR).

Tuesday 7 March – BRC Retail Sales Monitor.

Wednesday 8 March – Final Results from 1st Dental Labs (FDT), Access Intelligence (ACC), Amphion Innovations (AMP), Stilo International (STL), BRC Shop Price Index and Nationwide Consumer Confidence Index.

Thursday 9 March – Bank of England Interest Rate Decision.

Friday 10 March – NIESR UK Three-Months to February GDP Estimate.

The next Penny Share Review will be posted on Monday 13 March 2006.

Compiled by Chris Richards.

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