JKX Oil & Gas PLC; Steppe Cement Ltd

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JKX Oil & Gas PLC - this share is trending up along with increased activity and stochastic suggesting a few more trading days at least with the buyers upper hand.  Tempted to buy - certainly will watch.  Also in a vigorous sector Oil & Gas alongside a decline in Oil commodity value.  However does have a small venture in Georgia and need to be mindful of the conflict with Russia escalating which could have a negative impact.  Think it would be wiser to leave this share alone currently with a feeling the wider market may have similar sentiments - certainly would either sell or hold rather than buy.

Steppe Cement Ltd - I have a feeling to buy this however not quite clear what is driving its price currently.  Will wait further stock selections Sunday and if no buys are found I think I will go with this one to test the indicators I am using in the face of any seeming driving fundamentals.

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2 Comments

Stuart said:

Think the driving fundamental for Steppe Cement is the planned completion of two large dry-process kilns which will enable company to triple its current production capacity.

Stuart said:

Planned completion in 2008 I should rather importantly add!

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This page contains a single entry by Stuart published on August 9, 2008 8:30 PM.

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