Wednesday September 28, 2016
The Guardian on Global Warming - what is its aversion to the truth?
Clinton Trump Debate - I admit it: Hillary won but Trump can still win the Election
My neighbour the fat welfare slob Nimo Abdullahi, the lies and the contempt for those of us who do work that the left shows

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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Gulfsands Petroleum – Even Commissioned researcher Edison sees limited upside: Sell

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- Tom Winnifrith

A report lands on my desk today from Edison Research on AIM Listed Gulfsands Petroleum (GPX) entitled “The road out of Damascus.” This report was commissioned by Gulfsands ( i.e. paid for) and so one would not expect a bearish conclusion. ‘tis always the way with research reports from commissioned firms ( like Edison or Hardman) or from a house broker – they want to say buy but sometimes just cannot do so. And so you get what is known as a “corporate hold” . i.e. sell. There is no recommendation on the report but with the shares at 111.75p it sets a risked valuation of the stock at 119p. I cannot see why anyone would buy a share for just 6% upside. Any sane investor would sell and switch into a stock with more upside.

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