- Issue 474 : 05 Jan 2009
- Issue 473 : 29 Dec 2008
- Issue 472 : 22 Dec 2008
- Issue 471 : 15 Dec 2008
- Issue 470 : 08 Dec 2008
- Issue 469 : 01 Dec 2008
- Issue 468 : 24 Nov 2008
- Issue 467 : 17 Nov 2008
- Issue 466 : 10 Nov 2008
- Issue 465 : 03 Nov 2008
- 2009 Archive
- 2008 Archive
- 2007 Archive
- 2006 Archive
- 2005 Archive
- 2004 Archive
- 2003 Archive
- 2002 Archive
Penny Share Review 383
Tuesday 10 April 2007
The weekend’s Financial Times provided a review of recent events at Oxford BioMedica (OXB), including the deal with French organisation Sanofi-Aventis for TroVax. It cited the good news that last week a similar cancer product, Provenge, developed by Dendreaon, went before the FDA advisory committee and got a positive review. The paper suggested that the Company has more to prove and is a stock for those with an appetite for risk. The shares slipped 1.25p to 49.25p this morning.
Saturday’s Daily Mail featured Supporta (SOR) under its ‘Broker Buys’ section, highlighting that Equity Growth Research says buy the shares at 60p, as the Company is a key player in the consolidation of the domiciliary care sector. The price was unchanged at 52.50p earlier today.
The Sunday Telegraph commented that there is no sign the momentum that has carried shares in Tanfield (TAN) this far is losing pace, noting that congestion charge exemptions are helping to drive sales. It went on that a new electric Ford transit van will be launched at a commercial vehicle motor show in Birmingham at the end of the month, which is likely to produce new interest and that the US is only just started to be targeted by its aerial platform offering. It concluded “Even at these prices the shares are still worth a look. Buy.” Indeed, the momentum did appear to continue, as the share price added 5.50p to reach 128.50p this morning.
Tertiary Minerals (TYM) appeared in the Daily Mail on Saturday, reporting that vigorous efforts are being made to resolve its problems. However, the article stated that there was no confirmation of this from the Company and the shares remained suspended on Tuesday morning.
The prices were taken between 10.29am and 10.42am on Tuesday 10 April 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): Drilling Report / PLUS Markets.
Cambridge Minerals (CMR): Drilling Report.
Central China Goldfields (GGG): Drilling Report.
Global Marine Energy (GME): Consolidation of Patriot.
Pantheon Resources (PANR): Natural Gas Encountered.
Vyke Communications (VYKE): Trading Statement.
Look out for this week
Tuesday, 10 April: UK CML Mortgage Lending Data (February).
Wednesday, 11 April: Final Results from Deal Group Media (DGM). BRC Retail Sales (March).
Thursday, 12 April: UK RICS House Price Survey. UK Trade Data (February).
Friday, 13 April: Nothing of note.
The next Penny Share Review will be posted on Monday, 16 April 2007.
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.