CAPD – Capital Drilling – Added

I forgot to post that i added to my CAPD position 2 days ago. Fortunately as the trading update i was pre-empting came out early – today! I read it as good and so did the market – up nearly 10% today. http://m.londonstockexchange.com/exchange/mobile/news/detail… The key points are: There was a slowdown towards end of yr, […]

PVCS – PV Crystalox Solar – BUY!

I’ve bought £500 at 9.1p. I was looking to buy when they were at just over 8p but dithered and missed my possible entry point by a penny! Their recent interim management statement hints at a return of cash to shareholders. I’ve writtenabout this company before and their massive cash pile. They have been crippled […]

Ms International – MSI – Half year report

Half year report out today. Share price reacted well to the news. http://www.digitallook.com/news/rns/20516659-12869/MSI-Half_Yearly_Report_html 239p £44m market cap. 10m cash. Healthy asset sheet. Profits lower than H1 2011 but they have 25% higher value of orders on hand than H2 last year (i wonder if this means they think revenues will be 25% higher than H2 […]

PV Crystalox Solar PVCS – Ready to give out cash?

(Figures in Euros unless otherwise stated) Solar panel maker that has been savaged by cheap Chinese competition. I can’t recall the details of what’s gone on in the industry but essentially there has been mass over supply. At the half year point they had 122m cash. And at a glance about another 100m of assets […]

Tricorn Group (TCN)- Fall after contract loss overdone?

Tricorn Group (TCN)- Fall after contract loss overdone? TCN revealed the loss of a contract to Rolls Royce at the end of last week. The contract will not be renewed past the end of this year. Price dropped further over the weekend as investors sold and it currently sits at 19p from around 28p a […]