Bulletin Board Heroes: November 30 #ANR #BMN #NUOG #PXOG #SQZ #UOG #VAL #VAST

A technical angle on the most followed small cap stocks in London – with possible targets and support levels. Don’t forget the London South East Twitter Traders Event tonight at the Bull & Hide, Liverpool Street to meet fellow traders. Details at LSE.co.uk

Disclaimer

Zakmir.com is a purely journalistic website – Zak Mir is a member of the National Union of Journalists. There is no intention here of providing financial advice and absolutely no interest in speculating in the companies mentioned. It is recommended you seek an independent professional opinion before deciding whether or not to take any action with regard to anything written here.

Interview: Hummingbird Resources (HUM) 1oz Gold Coin Launch

Robert Monro, Head of Business Development at Hummingbird Resources discusses the launch of the 1oz Hummingbird, a single mine origin Gold coin, as well as the latest developments at the company.

Disclaimer

Zakmir.com is a purely journalistic website – Zak Mir is a member of the National Union of Journalists. There is no intention here of providing financial advice and absolutely no interest in speculating in the companies mentioned. It is recommended you seek an independent professional opinion before deciding whether or not to take any action with regard to anything written here.

Bulletin Board Heroes: #BNR #TYM #HMI #MSG #VELA

A charting look at some of the most followed small caps today.  To attend the Twitter Traders Event tomorrow click here

Disclaimer

Zakmir.com is a purely journalistic website – Zak Mir is a member of the National Union of Journalists. There is no intention here of providing financial advice and absolutely no interest in speculating in the companies mentioned. It is recommended you seek an independent professional opinion before deciding whether or not to take any action with regard to anything written here.

Bulletin Board Heroes: #FRR #GGP #INFA #IMM #HER #MRS #MSG #PYC #VELA

In the run up to the London South East Twitter Traders Event details here on Thursday 30 November, we have some of the PI’s most followed stocks of the moment.  They are looked at from a charting perspective only, as to possible targets and support.

 

Disclaimer

Zakmir.com is a purely journalistic website – Zak Mir is a member of the National Union of Journalists. There is no intention here of providing financial advice and absolutely no interest in speculating in the companies mentioned. It is  recommended you seek an independent professional opinion before deciding whether or not to take any action with regard to anything written here.

Multiple M&A Outcomes Possible For KBR

KBR inc (KBR) listed on the NYSE, an engineering and procurement group with a market cap $2.6bn,  is said to be in the sights of Saipem S.p.A – one of the biggest oil & gas contractors in Italy. The other company seriously looking at KBR is Fluor Corp (FLR), a $6.6bn Texas based engineering player.

Also in the mix is Apollo, the private equity outfit, which is currently helping finance Saipem on the deal.The stock price of KBR is currently around $19, with the takeout price as high as $26 – $28 a share, depending on how competitive the bidding process may get. The recent trading update showed KBR delivering good earnings and growth, something which suggests it will not be sold on the cheap. The latest analyst projection is around $24 a share.

Moreover, the trajectory of a rising trend channel which can be drawn on the daily chart over the past year implies momentum towards $25 anyway – after the September Golden Cross between the 50 day and 200 day moving averages.

KBR

All three bidding parties are said to be weighing up their next move, with at least one already in discussion with KBR. The other two companies could step up to the plate at any time. However, there is also another scenario, in which Apollo Global Management LLC could help fund a bid in which all three companies could form a consortium. Each party could then cherry pick the asset of KBR they would like. All parties concerned are said to have appointed their own advisors. The next move here could be over the Thanksgiving weekend. For those who are concerned about such matters, advisers said to be involved are Credit Suisse and Goldman Sachs.

Disclaimer

Zakmir.com is a purely journalistic website – Zak Mir is a member of the NUJ. There is no intention here of providing financial advice and absolutely no interest in speculating in the companies mentioned. It is recommended you seek an independent professional opinion before deciding whether or not to take any action with regard to anything written here.

Qiagen: Novo and Roche Could Drive The Shares Towards $45

Qiagen quoted on the US Nasdaq, but a Dutch company, is a provider of testing technologies used in pharma research and has a $7bn market cap. It is said to be in the sights of a fellow European company – Novo Nordisk. Novo is apparently looking to buy a 25% stake in Qiagen, or would alternatively go for a fully fledged bid. It has been advised that obtaining a stake is not going to be easy, as big institutions are keen to stick to their holdings.

A full deal could fetch $45, especially given talk that Roche may also be interested. Citibank is said to be the advisor on the deal. Looking at the daily chart of Qiagen, recent support above $30 implies that it would be surprising if there were not a return towards the $35 zone year highs, however the alleged M&A angle plays out.

qia

Disclaimer

Zakmir.com is a purely journalistic website – Zak Mir is a member of the NUJ. There is no intention here of providing financial advice and absolutely no interest in speculating in the companies mentioned. It is  recommended you seek an independent professional opinion before deciding whether or not to take any action with regard to anything written here.

Eros: Strategic Value And A $20 Target For The Netflix Of India

For myself, the golden age of Bollywood was the 1970s with such classics as Sholay, Pakeezah and Kabhi Khabie (not necessarily spelled correctly). However, there is little doubt that since that time with the advent of firstly VHS and then DVD and online, the area has skyrocketed. But it is perhaps as much from a strategic perspective that Eros International, the Indian films producer and distributor is in the limelight at the moment.

The shares have been rising off the back of speculation what is effectively the Netflix or Amazon Prime of India is in the sights of the US giants, given the stranglehold Eros has in its space. Put simply, if the majors want to make it in India any time soon, they will have to acquire this company. Recent newsflow has centred around a deal with Roku and the latest trading numbers, but it could very well be that the bigger strategic picture is what counts here.

erosus

The charting picture arguably provides the best bullish trigger at the moment, with multiple support points above the 200 day moving average at $11.24 since the beginning of September. The setup currently is that as little as an end of day close back above the 50 day moving average at $13.46 should be enough to take the stock up to the 2017 price channel top at $20 over the following 2-3 months.

Disclaimer

Zakmir.com is a purely journalistic website – Zak Mir is a member of the NUJ. There is no intention here of providing financial advice and absolutely no interest in speculating in the companies mentioned. It is  recommended you seek an independent professional opinion before deciding whether or not to take any action with regard to anything written here.