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Penny Share Review 377

Monday 26 February 2007

The Independent on Saturday noted an upturn in the share price of Beowulf Mining (BEM), as apparently institutional presentations are going well. This view was also expressed in Saturday’s Guardian. The price was unchanged this morning at 5.125p.

Cybit Holdings (CYH) appeared in Saturday’s Times, which commented that the shares had risen following Non Executive Director Sir John Wheeler’s decision to acquire 10,000 shares. No further rise was witnessed earlier today, where the shares stayed 56.25p.

The prices were taken between 9.10am and 9.15am on Monday 26 February 2007.

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.

African Eagle (AFE): Update on JV.

African Platinum (APP): Takeover Panel Disclosure.

Appian Technology (APN): Further Orders.

Cambridge Mineral Resources (CMR): Director Shareholding.

Minco (MIO): Bilbao High Grade.

Stanelco (SEO): Board Appointment.

Look out for this week

Monday 26 February – UK House Price Survey (February).

Tuesday 27 February – UK BBA Mortgage Lending Data (January).

Wednesday 28 February – UK Consumer Confidence Survey (February).

Thursday 1 March – UK Manufacturing PMI (February).

Friday 2 March – UK Construction PMI.

The next Penny Share Review will be posted on Monday, 5 March 2007.

Compiled by Chris Richards.

Penny Shares Online - penny shares research and information service.




Risk Warning

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.