Tuesday October 06, 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


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Afren: Not Fundamentally cheap

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- Tom Winnifrith

Earlier this week Afren plc (AFR), a FTSE-250 oil and gas exploration and production company which despite its size remains a darling of the Bulletin Boards, updated investors on its performance in 2012 and its outlook. This review helped the shares up to 152.5p although they have subsequently slipped back to 147p which capitalises the company at £1.595 billion. Chartists will note that 152p proved a resistance level ten months ago and failure to breach that level ( which had been support a ten months prior to that) saw the shares fall back to 100p. But I’d rather burn my West Ham season tickets and start supporting Spurs than become a Technical analyst and so I review the fundamental case.

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