Christmas Stock picks: Vp 22/12/2011
Benefits of past investment will benefit Vp, suggests Les Copeland
The AIM All-Share index dipped and rose slightly but essentially failed to move much over the course of February, starting at 667.27 points and closing at 667.24 as the market took a breather.
The sharpest fall over the month was suffered by North West housebuilder Eatonfield, falling 72.5 per cent after it warned of an imminent need to secure £1.5 million of short-term funding.
Up-and-coming Indian power generator OPG Power Ventures was dragged back a considerable 28 per cent over the month to 60p after a crucial boiler component failed, delaying the commissioning of a new 77 megawatt plant by ‘a number of weeks’.
On the leader board, the top riser was Intandem Films, which sold five films – including Keanu Reeves vehicle Johnny Mnemonic – for a book profit of £4.3 million and in turn settled an outstanding debt. Its bombed-out shares soared 109 per cent to a still-lowly 2.88p.
There was also big news for confectionary and snack bar maker Glisten, AIM-listed since 2002, which jumped to almost a year’s high of 137.5p after Finnish food group Raisio had a 140p bid accepted by the company’s board. A dividend payer for many years, Glisten was floated at 80p and rose as high as £4 at its peak.
Subscribe today and save 50%. Receive company watch recommendations and extensive company profile tips, released two months ahead of the market.
Advertisement
£100 credit when you open five trades within 60 days – terms apply. Spread Trading is not for everyone please ensure you understand the risks as you may lose more than your initial deposit. Click here for more information.
This unique study analyses the shareholdings of companies listed on AIM, extracting trends including rankings of the value and number of their investments.
Please click here to order your copy of the report or call 0207 250 7056.
Informative features and research on fast-growing companies, small-cap and growth stocks, penny shares, stock market tips and share recommendations, directors' dealings, company news and analysis, new issues and upcoming IPOs.
If you're interested in business tax updates visit our specialist tax guide website.
In-depth coverage of selected AIM companies within the small-cap and fast growing company sector including AIM and PLUS Markets shares and listed stocks. Company research and analysis from GCI analysts updated daily.
Advertisement
Benefits of past investment will benefit Vp, suggests Les Copeland
Keep an eye on Optos, suggests Robert Tyerman
Production boost should help Global Energy Development gush, argues Miles Nolan