Friday April 18, 2014


UK Investor Show 2015 – First 21 Speakers announced for April 18: Get your early bird ticket NOW
The Gay Tory Researchers and their Orgies – the ONLY scandal is that the taxpayer is footing the bill
Video & Photos: Finding the grave of Great Uncle David Cochrane in Delphi – Part 2

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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Goldplat – Market Over-reacts to mild profits warning – buy for bumper (safe) yield

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- Tom Winnifrith

Shares in AIM Listed gold miner Goldplat (LSE:GDP) have been hit hard by a profits warning. It is a minor profits warning and the market has over-reacted sending the shares down by 9.71% to 11.625p. At this price I believe you would be buying for a June 2013 yield of 6.9% rising to 8.6% for the year that starts in less than six months time. The market has over-reacted given how profitable Goldplat is and how much cash it has. This is a buying opportunity. The trading statement was clearly not helpful but looks at the bigger picture.

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