Original published draft version (content or context has not changed!) It appears I had two pages open and published the wrong one. Edited version below, mere typos etc...
Good Morning,
It was only in a call the other day I was
asked about Gfinity Plc (appointed a Creative
Director) and GAME Digital get in on the act with the acquisition of
Multiplay (UK) Limited. A very brief comparison suggests Gfinity is
over-the-price. There is likely to be only one winner in this space, but...GFIN
and GMD might be in for some tough competition, with rumours about two
Television Broadcasters considering a similar model to Robot Wars for gamers.
The question is, will it draw the viewers?
Staying with rumours as the weekend allows
for such things, normally after a substantial share price movement on a Friday,
perhaps the board of Gulf Keystone would like to update the market on the offer
received? If the gossip is
true, Gulf Keystone have already got an indicative bid subject to a
CPR and a few other pieces of due diligence, namely production.
Over the weekend China showed its cards in
just how aggressive it is prepared to go to maintain growth above the 7% level.
The contradiction is the Chinese government are now conditioning the market to
'easing.' The comrades are
not prepared to let growth drop without a good fight. It’s not often the WSJ
gets the tune of China on the money, China’s Rate Cut Renews Economic Concerns
Beijing is relying on increasingly aggressive measures to rev up economic
activity.
The Chinese are concerned, not only about
the growth, but their "B&B of exports", which are in decline.
China's growth may just be impacting on its competitiveness. PMI
Data (Reuters), confirming all the logically economic issues in China.
Ceramic Fuel (CFU), time to turn the lights out, this stock has performed
EXACTLY how it should have in light of performance. If you bought in, perhaps
you sould be asking yourself why/what/where...these mistakes are often more
valuable than one realises.
Due to other commitments, a short-one!
Save for Allied Mines...(ALM). Staggering!
Atb Fraser
