Two very different oil & gas plays Anglo African and Touchstone Exploration AAOG TXP

Yesterday’s market reaction to announcements from Anglo African Oil & Gas (LSE:AAOG) and Touchstone Exploration (LSE:TXP) could not have been more different. Anglo African managed to deliver yet another operational delay and its share price got a damn good kicking, finishing down 27%. Meanwhile, Touchstone gave a cracking production update and no one seemed to…

Dixons Carphone a contrarian buy call? DC

Dixons Carphone’s (LSE:DC) primary brands include Currys PC World and Carphone Warehouse in the UK & Ireland as well as a number of brands in the Nordics and Greece. After posting record annual returns in June, the group’s trading update on 24th August reported overall revenue growth of 6%. However while sales in Greece and…

Nostra Terra Oil & Gas Money in the Ground NTOG

Yesterday morning Nostra Terra Oil & Gas (LSE:NTOG) announced it had secured the remaining 12.5% of the Pine Mills oil field, Texas. Nostra now owns 100% of Pine Mills, effective since 01 November 2016 when it became operator. The company’s share price responded positively to the news, rallying 15% to close at 1.55p. This values…

Follow the insiders, buy Big Sofa BST

Two months ago I suggested Big Sofa’s (LSE:BST) disappointing results were the cue to take profits at 25p. This morning the company announced a conditional placing to raise £1.4million net at 18.5p per share. This news is unlikely to go down well with anyone who bought Big Sofa this summer, but the company’s decreasing cash…