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Penny Share Review 332
10 April 2006
Press The Times on Saturday highlighted Caledon Resources (CDN) and drew attention to its decision to sell its holdings in Eldorado Gold for £10.7m. The shares were unchanged at 3.88p this morning.
The Guardian on Saturday noted positive share price movement for Elite Strategies (ETS.L) following news of that Retec Interface, its main investment, had signed a deal with Sainsbury’s. Monday morning’s trading saw the share price slip by 0.13p this morning to 3.88p.
Saturday’s Guardian reported that the announcement of record sales for the first quarter by Pavilion Insurance Network (PVL) drove the share price forward. The price remained 4.50p during this morning’s session.
Monday morning prices were taken around 9.30am on 10 April 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.
Artisan (ART): Trading Statement.
iTrain (IRN.L): Re Contract.
Metals Exploration (MTL): Holdings in Company.
Seeing Machines (SEE): Major Industry Awards Win.
Sopheon (SPE): Contract Win.
Surgical Innovations (SUN): Final Results.
Teleunit (TLU): Final Results.
Look out for this week
Monday 10 April – Final results from Surgical Innovations and Teleunit (TLU). ODPM House Price Data (February).
Tuesday 11 April – BRC/KPMG Retail Sales Monitor (March). UK Trade Data (February).
Wednesday 12 April – Labour Market Data.
Thursday 13 April – Nothing of note.
Friday 14 April – Bank Holiday.
The next Penny Share Review will be posted on Tuesday 18 April 2006.
Compiled by Chris Richards.
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.
The information contained above has been compiled from documented sources which are believed to be reliable but, due to their very nature, are subject to a degree of historical inaccuracy and have not been independently verified and cannot be guaranteed. The pages on this website are provided for information only. City Equities Limited will not accept responsibility for loss incurred by any person or body acting, or refraining from acting, as a result of information and/or opinions given anywhere on this website. Issued by City Equities Limited, Aldermary House, 10-15 Queen Street, London, EC4N 1TY. Registered in England. Registered No. 2742847. Registered Address: Amwell House, 19 Amwell Street, Hoddeson, Herts. EN11 8TS. City Equities Limited is Authorised and regulated by the Financial Services Authority. Registration No. 155051.