reks's Ratings

BUY NEW by reks on 19 Aug 2014 10:40

Price at rating: 0.52, now:

NEW WORLD OIL & GAS (LSE:NEW) Ernst & Young. Takeover action is on the horizon among smaller and weaker London-listed oil companiesr r Today, 10:37 AMr It picked out New World Oil and Gas after a poor hydrocarbon show in Belizr Market Talk's insight:r Takeover action is on the horizon among smaller and weaker London-listed oil companies because they are finding it harder to raise funds, while larger peers are having no such difficulty, according to consultancy Ernst & Young.r Its Oil and Gas Eye Index, which monitors the sector within London's Alternative Investment Market (AIM), fell 12 percent in the second quarter.r That lagged a broader AIM market down 5 percent and the FTSE 350 Oil & Gas Producers' Index of mainstream oil and gas stocks off by 2 percent, oil and gastransactions partner Jon Clark noted in the index report.r Second-quarter equity fundraisings among Oil and Gas Eye Index stocks totalled 42.1 million pounds ($65.5 million), down 76 percent on the first quarter and the lowest since the first quarter of 2009.r In contrast, such fundraisings across AIM were up 21 percent from the first quarter.r "The lack of confidence evident in the decline of the index had a pronounced impact on overall market demand for the sector and contributed to the very low levels of fundraising," Clark said in the report.r He said there was still a divergence in capital availability within the industry, with larger players finding sources of finance relatively plentiful, while smaller companies were finding things increasingly tough.r "At the smaller end of the spectrum, those companies that can deliver and communicate exploration and commercial success will crowd the others out. The remaining companies will be compelled to seek out alternativefunding routes, which could result in further consolidations as the year progresses."r Seventy-nine percent of Oil and Gas Eye Index stocks fell in the quarter, mostly because of poor drilling results, the report said.r It picked out New World Oil and Gas after a poor hydrocarbon show in Belizr r "Fund managers have been turned off the sector for a while now, but it's all part of a cyclic process," he said.r "Smaller companies who have had a string of failures and have little chance of success, of course they're going to struggle. It puts them in a vulnerable position

Score: 100.00

BUY CEY by reks on 16 Aug 2014 22:07

Price at rating: 66.50, now:

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Score: 6.25

BUY XEL by reks on 16 Aug 2014 22:06

Price at rating: 65.25, now:

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Score: 3.75

BUY KDNC by reks on 16 Aug 2014 22:06

Price at rating: 1.67, now:

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Score: 85.00

BUY KEA by reks on 16 Aug 2014 22:06

Price at rating: 3.32, now:

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Score: 0.00

BUY WTG by reks on 16 Aug 2014 22:05

Price at rating: 171.65, now:

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Score: 37.50

BUY BMR by reks on 16 Aug 2014 22:05

Price at rating: 1.70, now:

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Score: 91.25

BUY GKP by reks on 16 Aug 2014 22:04

Price at rating: 71.50, now:

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Score: 100.00