Tracking

Showing posts with label THR. Show all posts
Showing posts with label THR. Show all posts

Monday, 21 February 2011

Pinnacle Telecom Group plc (PINN)

Excellent RNS out this morning. Sales up over 100%, gross profit up over 100% and a net profit of £159k!! I had to get some new tyres for my wife's car so I thought the sp might go up and I would miss being able to sell at a profit. When I got back an hour after the market opened I found that the sp had gone down!! Nearly 20M shares traded in the morning and no increse in price.
I was hoping to sell PINN and buy back into THR as I did a dummy buy and could have bought at 2.38p, lower than my original purchase. Ah well back to being patient!!

Thursday, 17 February 2011

ValiRx plc (VAL)

With the money left over from the sale of THR, I bought some ValiRx plc (VAL) shares.I have been watching these for a while and they have been mainly 0.3p to 0.4p. Then last week they announced that they had a self check product for CHLAMYDIA and the shares went potty!! The sp went to 2p and then they issued a placing and raised over £3M amd the sp dropped to 0.7p. The product is beneficial and if marketed properly, there is no reason why this share shouldn't increase in value significantly.
I am only here for the short term as I wish to increase my holding in TSTR when they announce their placing. So any rise over 1p will be fine for me. If it shoots up to 5p like SAR then I will be very pleased but in reality it is just short term.

Wednesday, 16 February 2011

Pinnacle Telecom Group plc (PINN)

Well,I sold my THR shares for 12.3% profit in 2 days. I then decided that I would buy 200000 shares in Pinnacle Telecom Group plc (PINN) at 0.5p. I have been watching this share for months but didn't have the inclination or funds to buy. Also it is their half year results on Monday so the sp should rise up to then and depending on the results could go higher on Monday. We shall see but if the conditions are right then I would like to go back into THR.
With the balance of the money I wanted to buy some Sareum  SAR shares but because of the settlement dates I wasn't able to use all the funds available. I rang TD Waterhouse and eventually they said I would have to wait until tomorrow!

Monday, 14 February 2011

Thor Mining PLC (THR)


I spent some time at the weekend looking for shares suitable for purchasing if I was not able to buy back into PTCM. At first I didn’t think that I would find anything suitable and then I found Thor Mining PLC (THR). This company is looking for molybdenum and Tungsten, and some of their sites might have gold.
So after it was obvious that PTCM was not going to retrace and I am waiting for dilution on TSTR before I buy, I bought 49000 shares in THR at 2.48p. On the Australian exchange they had gone up 8% so I am hoping that they are going to move up in the UK as well. I have a sales target of 4p.