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Fitbug Holdings – over 1000% rise in the last month

Oct 29, 2014 at 12:00 pm in AIM by contrarianuk · Leave a Comment »

A company called Fitbug holdings caught my eye yesterday and I was astounded to see that the company which is a provider of online coaching services and fitness devices has risen 1329% in the last month.

Bowleven shareholders hope for good news next week

Oct 24, 2014 at 2:14 pm in AIM by contrarianuk · Leave a Comment »

Shares in Cameroon focused oil explorer Bowleven rose 12% yesterday as expectations rise that good news will come next week in relation to the company’s farm out with Lukoil and NewAge.

Afren fires CEO and COO after illegal payments

Oct 14, 2014 at 8:39 am in AIM by contrarianuk · Leave a Comment »

Nigeria focused oil and gas producer, Afren has dismissed its chief executive, Osman Shahenshah, and chief operating officer, Shahid Ullah and two associate directors, Iain Wright and Galib Virani for gross misconduct after receiving various unauthorised payments.

Market still sceptical on Quindell

Oct 13, 2014 at 1:12 pm in AIM by contrarianuk · Leave a Comment »

Shares in Quindell Plc (QPP) initially rose 7% today after a trading update for the third quarter of 2014 but are currently down 9%. Short seller Gotham city recently released a twitter tweet saying that…

London Mining virtually worthless

Oct 8, 2014 at 10:20 am in AIM by contrarianuk · Leave a Comment »

Beleaguered Sierra Leone based iron ore mining company, London mining, issued a damning RNS this morning sending its shares down over 80% to 0.6p. The killer line was that “the Board believes that there will be little or no value remaining in the equity of the Company and the other listed securities of the Group”.

Range Resources shareholders disappointed by latest news

Sep 30, 2014 at 10:11 am in AIM by contrarianuk · Leave a Comment »

Range resources, the troubled oil and gas explorer, with assets in Trinidad, Texas, Georgia and Columbia managed to disappoint shareholders with the release of its annual financial report for the year ending June 2014.

Quindell tries to reassure investors in the face of share price slide

Sep 29, 2014 at 9:03 am in AIM by contrarianuk · Leave a Comment »

After a near 10% fall on Friday and 15% drop last week, Quindell’s board was forced to issue an RNS this morning stating that it knows of no reason for such falls.

Final nail in the coffin for Tangiers Petroleum shareholders

Sep 25, 2014 at 9:31 am in AIM by contrarianuk · Leave a Comment »

Moroccan focused, AIM and ASX listed, oil and gas explorer Tangiers Petroleum (TPET) finally came back from suspension yesterday and as expected the various RNS’s didn’t contain much good news for beleaguered shareholders.

Hurricane Energy announces positive well analysis data

Sep 15, 2014 at 9:12 am in AIM by contrarianuk · Leave a Comment »

Hurricane Energy the AIM listed oil and gas company focused on naturally fractured basement reservoirs in the area to the West of the Shetlands issued some good news for shareholders today.

Little excitement at Xcite Energy on collaboration with Enquest

Sep 10, 2014 at 8:35 am in AIM by contrarianuk · Leave a Comment »

Xcite Energy’s share price is flat today at 65p despite news that the company “has entered into a Collaboration Agreement with Statoil (U.K.) Ltd. and EnQuest Heather Limited, in order to share field-specific technical and operational information to evaluate the potential utilisation of common gas import infrastructure between the Kraken, Bentley and Bressay fields.”