rally

The market rallied most of yesterday’s losses with major investment in performers and a few cobwebs cleaned off some relics.The big news was another announcement regarding the WSE Traders Fund. Take a look at these changes: (AMS709%!!), (BMC21%), (KJL87%), (HCL18%), (LHH163%!), (RIS20%),

• AM Sportsbets (AMS) Major shareholder Expert Market increased position to 2.38% as trades in the punting firm clocked 100K! with a high and last trade of $L0.89
• Blumont Capital (BMC) had an early boost from WSE Trafers Fund buy in of 60k+. Strange that the history does not show this? Up at $L0.46
• Kejo Merlin Land Group (KJL) had an erratic day as major shareholders all increased their positions again and the market responded to the movement with lows of $L0.38 and highs of $L0.99 which it was resting at time of reporting
• Hope Capital Limited (HCL) surged ahead again today topping $L2.63 earlier on to finish back to a low of $L1.26, still up and finding plenty of support in the higher numbers
• Lemur High Score HCL (LHH) – all major shareholders increasing their positions as the derivative based on WSE bellwether, looked on as the share price of (HCL) clicked over the magical $L1.70 barrier putting (LHH) high up on a ledge at $L3.00!
• Peoplepool (PPL) makes the news again today with momentum continuing to $L0.33
• SL Risk (RIS) still suffering like a few others not used to the limelight, with a large spread. Investors are showing interest and the equity closed up at $L0.48

Recommendation – Good feelings continue today and there are still a few languishing stocks out there to snap up.

• (ETC) suffered a small drop today but with a sound business idea, positive results from last month and well-backed board, I say this is the next one to catch up to the market @ < $L0.51
• (TGB) I’m still excited about these bonds and the pending interest payment, almost as much as the escrow and dividend for THI, jump on this @ $L100.00
• (THI) as above, seriously good buy < $L0.60
• (MAI) I know I have mentioned this before, but there is no need for this to be below the IPO price, so grab them at $L0.80 and sit back for a few days

You’re a pal and a confidant,
SW