Saturday August 02, 2014


Run Number Two at the Greek Hovel
My second pair of trousers set for retirement at The Greek Hovel – weight loss update
Transport Issues at the Greek Hovel – Luckily I am Steve Frigging McQueen

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

, , ,

Sefton Resources – yet more piss poor numbers and jam tomorrow

Share this article with your comrades in revolutionary capitalism

- Tom Winnifrith

Oil producer Sefton Resources (SER) today announced its half year results which were – as is normally the case with this AIM listed penny share dreadful, pretty piss poor. A marginal increase in production and in the oil price meant that revenues for the six months to June 30th increased from $2.028 million to $2.283 million but since the cost of sales increased by more, the gross profit actually fell from $1.421 million to $1.338 million. What is the heck of pumping more oil if it cuts your profits?

After the predictably high central costs

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.

Video postcard from Tom

Weekly video postcard - Ukraine, blowback, UKIP and the Euros