Is This Gonna Be a "Good Un"?

Orosur Mining (13th February 2014)

Take a look at the following graph...

 Then take a look at the associated Key Metrics for OMI...

Are you starting to see what I see?

If not, you might want to take a look at this post on Orosur Mining (5th Feb 2014)!

Nice Breakout (23rd January 2014)

ABG Breakout Today

African Barrick Gold (ABG) rose 23p (11.5%) today and in doing so, broke through the resistance line at 212p (see the Sharescope Graph below)...

Key Metrics

The Key Metrics also show the low price-to-Tangible Book Value (PTBV) and modest PSR (1.36), see below:

Newsflow:

The recent newsflow has been positive, in particular the news released on 21st January, the key highlights being replicated below:

Highlights

• Fourth quarter gold production of 165,374 ounces and sales of 168,177 ounces
• Preliminary fourth quarter all-in sustaining cost of US$1,171 per ounce sold, down 30% on Q4 2012 and 8% on Q3 2013
• Preliminary fourth quarter cash costs of US$774 per ounce sold, 19% lower than Q4 2012
• Full year 2013 production of 641,931 ounces with full year sales of 649,742 ounces, 7% above the upper end of 2013 production guidance of 540,000 - 600,000 ounces
• Cash balance of approximately US$282 million as at 31 December 2013
• The average realised price of US$1,251 per ounce over the quarter and US$1,379 per ounce for the full year were 26% and 17% respectively lower than the prior year

 If you wish to access the full African Barrick Gold (4th Quarter) Production Report (pdf), you will find it HERE.

You may remember that we previously posted (Gold in this Balance Sheet?) about ABG on 13th August 2013, when the price was £1.495. You'll find that post, on the DIY-Investors website Here, if you want to refresh your memory.

I believe that African Barrick Gold could be a real nugget (groan!!!) for DIY-Investors in 2014. What do you think?

Mick (23rd January 2014)

Best Investing Books for Christmas (2013)

Discounted Investment Books

With Christmas approaching, you might well be looking for an investing book to relax with. I've been looking and discovered that there are quite a few being discounted in the run up to Christmas. They include some classics and some newer books, so if you want some ideas, check out the list of Discounted Investment Books Here. All of the books on this list have discounts of 10% or more (as at 17th December 2013).

Is the PFD Dough Rising?

Premier Foods (9th December 2013) - Possible Reversal Underway?

Premier Foods (PFD) rose 7p (6.3%) today and in doing so looks as if it may have found support at the 200 day moving average over the past three trading days. Have a look at the graph (below) and see what you think...

As you can see, the RSI is in oversold territory and the OBV remains strong. those of us following PFD could be in for an interesting few weeks. What do you think?

Mick (9th December 2013)

Porta Communications (21st Nov. 2013) : Update

Porta Communication (AIM: PTCM) - Gathering Momentum?

"Trading Update RNS Number : 5786T

"Porta Communications PLC 21 November 2013  (the "Group" or "Porta")

"Trading Update Porta Communications plc, the AIM quoted international marketing and communications business is pleased to announce an update on its trading performance for the second half of 2013. Trading in October has been extremely buoyant and the early indications for the remainder of the year are even better..."
The Technical Analysis also looks interesting...

 
Log In & read More HERE

Rigged For Success?

Lamprell (LAM) - Starting to Move!

The past few days have seen the Lamprell (LAM)share price starting to nudge up (see the Sharescope graph below):

The Key Metrics (below) are also interesting, with the Capitalisation (£406.2m) well below the Turnover (£643.19m), giving a tasty PSR of 0.63. Also, note that the cashflow per share 54.06p (underlined in blue) is well above the last (negative) earnings figure (-24.19p).

 

The Interim Results (29th August 2013 [above]) showed that LAM had returned to profit in the first half and that net cash wwas up from £64.06m to approximately £93.6m ($151.1m) as at 30th June 2013. Since that announcement, I've been stalking LAM and finally, it looks as though my patience may be rewarded. 

What do you think? Is there more upside to come?

Home Retail Breaks Through Resistance

Home Retail (HOME), SP = 162.5p (10th September 2013)

Home Retail has finally managed to break through the resistance line (at 160.7p), see below:

Annotated on the Sharescope graph are my notes, picking up:

• The breakout today
• Volume over the past three or four days
• Rising OBV
• Buy signals on the ADX indicators

Key Metrics

The key metrics (above) show that the cash levels have been improving over the past three years and that the PSR is still low (0.24).

Also noticeable is that the cash flow per share is much higher than the eps (noted in blue above), so putting it all together, it could be that there's scope for a possible re-rating over the next few months.

In my opinion it could be worth watching this one over the next few weeks. What do you think?

Mick (10th September 2013)