Morning.
OIL - remains high in Far East. BP boss expects it to stay above 40$ short term.
http://www.moneyam.com/action/news/showArticle?id=406909
BCS - interims very nice.
http://moneyam.uk-wire.com/cgi-bin/articles/200408020700024457B.html
HVN - not had the best of recent runs, but pre-close states results will be substantially ahead.
http://moneyam.uk-wire.com/cgi-bin/articles/200408020700024576B.html
MXC - acquiring!
http://moneyam.uk-wire.com/cgi-bin/articles/20040802070000P135C.html
PDL - drilling update might fire it up once more.
http://moneyam.uk-wire.com/cgi-bin/articles/200408020700044658B.html
ULE - got a bit to do in the 2nd half to make forecasts?
http://moneyam.uk-wire.com/cgi-bin/articles/200408020700054717B.html
SOG - sfotware minnow seems bullish for the 2nd half.
http://moneyam.uk-wire.com/cgi-bin/articles/200408020700074727B.html
GRM - a new restaurant!
http://moneyam.uk-wire.com/cgi-bin/articles/200408020700084750B.html
ARX - more good news hot on the heels of last week's?
http://moneyam.uk-wire.com/cgi-bin/articles/200408020700104781B.html
MLT - flogging stuff to SDY.
http://moneyam.uk-wire.com/cgi-bin/articles/200408020700104783B.html
LWB - breaking into China. Might inspire the next leg up?
http://moneyam.uk-wire.com/cgi-bin/articles/200408020700104790B.html
INCH - looking good at halfway!
http://moneyam.uk-wire.com/cgi-bin/articles/200408020700124797B.html
VTI - quarterly cash flow report.
http://moneyam.uk-wire.com/cgi-bin/articles/200408020700134834B.html
SMWH - disposal leads to return of cash to shareholders.
http://moneyam.uk-wire.com/cgi-bin/articles/200408020700194865B.html
UBC - a couple of new shows on Radio 2 - for those who listen to it! ;-)
http://moneyam.uk-wire.com/cgi-bin/articles/200408020700194866B.html
SBT - trading update nice. Was long these, but got bored.
http://moneyam.uk-wire.com/cgi-bin/articles/200408020700194867B.html
FTC - putting some gloss on a pretty poor performance. The finance section makes interesting reading. "The trading conditions prevailing in the
latter part of the financial year and the appreciation of sterling against the
dollar have led to certain breaches of the financial covenants associated with
the term loan. The group's lending banks have confirmed their continuing
support, including the waiving of the covenant breaches, whilst reserving their
rights". Heftier startup costs in WI.
We'll see what the market thinks.
http://moneyam.uk-wire.com/cgi-bin/articles/200408020700154845B.html
Currently long AQP, ASC, DVO, HTG, MNA, MRS, short FTC, OKR, PLM.
Have a good day.