Sunday October 04, 2015
Weekly Postcard #125 - the Right should back Corbyn on Trident and on other defence cuts
So what if David Cameron smoked pot at Oxford? I really worry about those that did not
Weekly Postcard 123: Orwellian BBC News lies and misleads on migrants and public sector wages


, , , , ,

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

Share this article with your comrades in revolutionary capitalism

- 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.

Read the full article on ADVFN | Comments
comments powered by Disqus

Register here for The Tomograph
Tom's newsletter with original articles and a free share tip of the week, not found on this website.

Support Free Speech

Get your Free Speech & Liberty Pizza House t-shirts here