Some buys.
It’s started.
The first buys of the experiment are as follows…
PTCM (Porta Communications) Bought at 13p.
Last year PTCM was a loss maker for me but now the hype surrounding this company has finally diminished I think there is a real chance that we can make some forward progress. David Wright (CEO) is positive that things are going to plan with the new company. This is a risky share but could provide some good returns at these prices.
YULC (Yule Catto)
Yule Catto are a chemicals manufacturer that have been performing very well over the few years. In May this year they released another excellent report forecasting another fantastic year for the company. I see no reason why this share shouldn’t continue to rise over the next 12 months. – Over the last two weeks they have been tipped by numerous Newspapers, including the Mail on Sunday, The Telegraph, Investors Chronicle and Questor. On top of this two top performing funds have increased their holdings in the last two weeks. Bought for 233p – Stop 190p – Target 280p
GHT (Gresham computing).
Gresham are another company that have performed really well over the last few months. A very positive outlook form the BOD and strong institutional support should continue to drive them forwards. Gartmore has a massive 21% stake in this company! My target is 80p.
AN. (Alternative Networks)
Another company with excellent history, going from strength to strength. The recent interim statement was similar to that of last year and forecasted similar growth. The company is up 200% in two years! No reason for things not to continue progressing. Target 370p Stop 230p
I have just been informed that my trade-plan to buy CAD (Cadogan Petroleum) has just gone through. Maybe a bit premature at 37p but we shall see. – Some important announcements and dates coming up over the next couple of months, including – Operations at Pok 1 are expected to commence on site in July 2011. Target 50p Stop 30p
I will being sorting out this years trades table shortly…
Leave a Reply