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Penny Share Review 445
Monday 16 June 2008
EBTM (EBTM) appeared in today’s Independent, which highlighted that Results are to be announced tomorrow. The article pointed out that the shares had fallen following a profits warning earlier in the year, but noted the Company says things are back on track and concluded that it hopes tomorrow “heralds a new start, with some of last years acquisitions beginning to bite.” Despite this press attention though, the shares were unchanged at 3.625p earlier today.
Saturday’s Daily Telegraph featured Supporta (SOR), noting increase in the share price after the Company rejected an approach from Romac Investments. It went on to reiterate that Romac had refused to back an alternative and “significantly higher” offer from another third party, however there was no change to the price this morning, which remained 29.00p.
Prices above were taken at around 10:06am on Monday, 16 June 2008.
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.
AIM Resources (AIMR): Appointment of CEO/Executive Director.
Altona Resources (ANR): Appointment of Jacobs Australia and Enthalpy.
Business Control Solutions (BCT): Re: Share Incentive Plan.
Essentially Group (ESN): Additional Listing.
Nighthawk Energy (HAWK): Jolly Ranch and Middle Mist Project Update.
Northern Petroleum (NOP): Board Appointments at ATI Oil plc.
Origo Sino India (OSI): Directorate Change.
Stanelco (SEO): Holdings in Company.
Look out for this week
Monday, 16 June – CBI Economic Forecast.
Tuesday, 17 June – Results from EBTM (EBTM). EiRx Therapeutics (ERX) EGM. UK CPI (May).
Wednesday, 18 June – Renewable Energy Holdings (REH) AGM. CBI Monthly Industrial Trends Survey.
Thursday, 19 June – UK Retail Sales (May).
Friday, 20 June – Coms (COMS) EGM.
The next Penny Share Review will be posted on Monday, 23 June 2008.
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.
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