Contrarian Investor UK invests mainly in UK FTSE and AIM listed shares. Like famous contrarians, Warren Buffett and Anthony Bolton, he likes to take a different view to the crowd of investors. He prefers the short term, possibly speculative trade, to the long term hold and takes the view that it's about "buy and research" not "buy and hold"! This blog tracks Contrarian Investor UK's thoughts on the stockmarket and his portfolio's trades. Move against the herd with the Contrarian Investor UK!
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Wednesday, March 31, 2010
Investec increases holding in Falkland Oil and Gas
Investec Asset Management Ltd have increased their holding in Falkland Oil and Gas (FOGL) from 7,242,666 to 7,666,666 shares. Somewhat positive sign after the panic of Monday and shows that in their opinion the risk/reward at the current share price is reasonable.
Norseman non-exec continues to buy
Norseman Gold PLC (NGL) non-executive director David Steinepreis has acquired a further 24,100 shares in the company for A$16,972 (£10,350), and he now holds a total of 4,337,957 shares. This follows Steinepreis’s purchase of 56,750 shares.
Coal of Africa target price increased
Morgan Stanley increased the target price of Coal of Africa (CZA) this morning from 171p to 200p.