Tracking

Wednesday, 12 September 2012

Europe booming today!!

With the German Court approving the Euro bailout, shares in Europe are doing well today. I bought some Natixis shares this morning just after the market opened for €2.52 and sold them less than 2 hours later for €2.69!! Nice little profit and hoping to buy back a little later.
My Credit Agricole shares are also doing well and are now in profit! I bought them in February and they immediately went down but now appear to be flying. I have a sell order in for €6.03 and then I will be looking to trade in bigger lots as I will combine both lots of funds.
Meanwhile in the UK, BMR are still languishing despite the fact that Masoud Alikhani is giving a presentation tomorrow! Everything else is wallowing!!

I could be talking complete nonsense but I think Orogen Gold ORE is going to pop at any time soon. If it gets to 1p then I will be very pleased!

Finally Red Rock released an RNS after hours that while interesting didn't really say anything that is going to get people excited!

Tuesday, 11 September 2012

Pinnacle Technology Group

Pinnacle Technology Group issued an RNS this morning rightly proud of their achievements in the broadcasting of the Olympics and Paralympics in London! Whilst it may have been profitable I get the impression that it was used to improve the infrastructure of the company. Well done Alan Bonner and everyone at Pinnacle, be nice if the sp reflected the achievement! Here is an interview with Alan Bonner

After a couple of days of languishing, Credit Agricole went up today so I set a limit order for my floating Credit Agricole shares and when I came back from collecting my son, I found that I had sold them! The plan is now to buy back if they retrace or buy back Natixis shares. Unfortunately, I can't buy Commerzbank shares on my French account so will have to wait for my UK account to free up some funds!

Monday, 10 September 2012

Monday blues!!

Well, its Monday again and as usual, nothing much seems to happen with my shares on a Monday! No RNS today, so prices moving very little! Over the weekend I did some research on more continental shares and in due course, I will be buying some European shares. Stay tuned for more info! Also, I have added a translate button to the blog should anyone want to read it in a language other than English.
This Thursday is the presentation by Masoud Alikhani to investors and unless he issues an RNS before then, I don't know what he is going to say to inspire people to want to get involved with BMR!

Friday, 7 September 2012

Good day for banks!

After the announcement by the ECB, banks went  crazy this morning. My Credit Agricole shares went up to €5.52 before retracing a bit! Lloyds and Commerzbank who I have been following were also up.
My UK shares were very uninspiring and BMR is very disappointing considering that Masoud Alikhani is giving a presentation to investors next Wednesday. Unless he issues an RNS before then he will have very little to inspire investors to get involved with BMR and all the time we are getting closer to the date when the 6p warrants expire!

Thursday, 6 September 2012

Frustration creeping in!

I have noticed a fair amount of frustration creeping into the BBs lately. This seems to be because there is an expectation of the sp rising but being held back by the MMs for some reason. On BMR last night many people were getting cock-a-hoop that the sp would be pushing 4p, 5p etc today but after a little flourish this morning, the sp actually dropped!
TSTR has dropped recently as someone sold 4M shares but really we are just waiting for news regarding the roaster at RAK and the sp should get to at least 1p. Orogen gold are waiting for drill results but someone keeps selling 500k and 100k blocks of shares so the sp remains fairly static!
My major holding, VOG, is producing gas and should be making money but the sp lies around the 3p mark when it should be at least 5p at the moment.
There is little anyone can do about it except wait patiently!
The bright aspect of my pf is my French shares Credit Agricole and Natixis are both positive today and with good news from the ECB, I have every hope that they will do better. It isn't all bad!
Well Natixis went up to €2.35 so I took the opportunity to sell and realise some profit! It may continue to go up but then again it may not!! Also Credit Agricole went over €5 so slowly getting back to my buy in price!

Wednesday, 5 September 2012

Poor day on the market

Yesterday was a bright day on the markets but today is looking pretty grim. Whilst looking around for ways of finding other shares to investigate around the world, particularly in UK, France and Germany, I came across an American stock screener. I tried it and it only seemed to show American stocks so I googled free stock screener and found just what I was looking for at ft.com. This gave me the opportunity to search shares in France, Germany and UK and any other country if I wanted, in order to select shares to possibly invest in. I will be using this in the future as I would like to buy some German shares to safeguard my Euros!
Yesterday I purchased some shares in Natixis, a French banking/ savings company. I am looking for them to get to €3 from my purchase price of €2.17

Monday, 3 September 2012

Orogen Gold (ORE)

I took the opportunity this morning to sell the TSTR shares I bought on Friday for a small profit and then set about trying to buy either BMR, RRR or VOG. I didn't have any success with my Fill or Kill orders so I took some time to see  what else was suitable. Eventually I settled on Orogen Gold (ORE) as I had been in these in 2011. At that time I bought at 0.83 and sold at 1.03. Today I bought some at 0.608p and am looking forward to an RNS shortly on their latest drilling at Deli Jovan.
It would be nice to get an RNS next Monday but like everything, who knows.
This is an interesting link regarding the site at Deli Jovan