Monday May 29, 2017
Sitting in a garden centre in Bristol I dream of the snake repellent shop in Kambos
Photo Article: Okay I have cast my vote but do so with no enthusiasm at all
Speaking to the police about abuse at Warwick School 40 years ago - it gets so much worse

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

, , , ,

Afren: Not Fundamentally cheap

Share this article with your comrades in revolutionary capitalism

- 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.

Read the full article on TradingResearchPoint | 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.