STOCK RESOURCE is an Independent Research Group that provides fundamental and technical analysis of ASX listed stocks, presenting results to our Members in a weekly electronic report. We are a Market Leader in the Resource Sector and our highly regarded analytical team includes both mining and financial industry professionals.
Following a recent strategic review management has decided to close the Stock Resource business with effect from 31 March 2012. In the interim, we have put in place a number of transitional plans to meet the ongoing mining research needs of existing Members – as outlined in our recent report at Strategic Review
Related company LimeStreet Capital operates the LSC Australian Resources Hi-Alpha Fund – a managed fund investing in the resource sector. It continues to achieve industry leading returns – rising 63.7% for the 12 months ending 30 June 2011 and 98.0% for the 2 years ending 30 June 2011; easily outperforming industry benchmarks.
For a copy of the PDS send your details to:
info@limestreetcapital.com or phone +612 9262 1363 or visit the company’s website at limestreetcapital.com
| WORLD INDICES |
|---|
| Dow Jones |
12845.13 |
-17.1 |
| NASDAQ |
2901.99 |
-3.7 |
| FTSE 100 |
5892.2 |
-8.9 |
| Hang Seng |
20699.19 |
-10.8 |
| Nikkei |
8917.52 |
-11.7 |
| ASX 200 |
4274.2 |
-21.8 |
| Updated daily |
| ASX SUB-INDICES |
|---|
| ASX 50 |
4271.9 |
-23.8 |
| Materials |
11725.1 |
-108.1 |
| Energy |
13823.0 |
+31.9 |
| Industrials |
4613.7 |
-39.5 |
| Property Trusts |
822.0 |
-6.5 |
| Consumer Staples |
7242.7 |
+1.6 |
| Telecommunications |
1170.3 |
+15.4 |
| 20 min. delay |
| EXCHANGE RATES |
|---|
| A$/US$ |
1.08073 |
| US$/Rand |
7.5517 |
| Euro/US$ |
1.31492 |
| GBP/US$ |
1.58178 |
| US$/Yen |
76.682 |
| 20 min. delay |
|
| RESOURCE INDICES |
|---|
| CRB Futures |
314.2 |
+0.0% |
| NYSE Energy |
13,320.1 |
+0.6% |
| Dow Jones Non-Ferrous |
578.4 |
+0.4% |
| S&P/TSX Gold |
382.7 |
-0.2% |
| Philadelphia Gold & Silver |
200.4 |
+0.0% |
| JSE Gold |
2,908.2 |
+1.2% |
| Updated Daily |
| COMMODITY PRICES |
|---|
| Gold US$/oz |
1,719 |
-0.9% |
| Silver US$/oz |
33.52 |
-1.2% |
| Platinum US$/oz |
1,609 |
-1.3% |
| Aluminium c/lb |
99 |
-1.2% |
| Copper c/lb |
384 |
-1.8% |
| Nickel c/lb |
980 |
+1.8% |
| Lead c/lb |
97 |
-2.2% |
| Tin c/lb |
1,109 |
+0.4% |
| Zinc c/lb |
96 |
-1.1% |
| Light Sweet Crude US$/bbl |
97.35 |
-0.4% |
| Updated Daily |
|
| ASX ANNOUNCEMENTS |
| DEG |
07-Feb-2012 20:11:00 |
Entitlement Issue Prospectus |
| GIP |
07-Feb-2012 18:35:00 |
Disclosure Document |
| ORO |
07-Feb-2012 18:23:00 |
Wiagdon Thrust Joint Venture Update |
| WAF |
07-Feb-2012 18:14:00 |
Sartenga Auger, Meguet RAB and Moktedu Aircore Progress |
| BNE |
07-Feb-2012 17:38:00 |
Share Issue and Appendix 3B |
| GIP |
07-Feb-2012 17:28:00 |
Fully Underwritten Renounceable Rights Issue |
| RRP |
07-Feb-2012 17:06:00 |
Amendment to payment date for Katingan Ria Project |
| HIP |
07-Feb-2012 16:51:00 |
Half Yearly Report and Accounts |
| RVR |
07-Feb-2012 16:44:00 |
Miaree Joint Venture |
| OXX |
07-Feb-2012 16:25:00 |
WA-375-P and WA-376-P - Southern Bonaparte Basin |
| MTB |
07-Feb-2012 16:13:00 |
Placement |
| CKK |
07-Feb-2012 16:10:00 |
Court Order to Take Possession of GT3000 |
| RQL |
07-Feb-2012 16:08:00 |
Contract Update |
| CXY |
07-Feb-2012 14:56:00 |
Proceeding to full hearing of Appeal |
| ERL |
07-Feb-2012 14:39:00 |
Drill Results |
| EEG |
07-Feb-2012 14:36:00 |
Oil flows from Appalachia Program |
| MBL |
07-Feb-2012 14:16:00 |
Operational Briefing Presentation |
| IBC |
07-Feb-2012 14:12:00 |
Amendment of record date and confirmation of dividend detail |
| PCC |
07-Feb-2012 14:01:00 |
Suspension from Official Quotation |
| ALF |
07-Feb-2012 14:01:00 |
Amendment to Dividend dates announced |
WORLD NEWS HEADLINES
- US Market Report. Stocks dipped on Monday as a delay by debt-ridden Greece in accepting the terms of a bailout gave investors little reason to buy equities after a five-week rally.
- World Market Report. An updated report of the worlds' latest market movements
- Government talks in Greece to try to agree new austerity measures needed to secure bailout funds and avoid defaulting on its debts, are delayed.
- A eurozone recession could almost halve Chinese growth this year, according to a report by the International Monetary Fund.
- Chinese shoppers on their Lunar New Year holiday were less lavish than expected by Hong Kong jewelers, curbed spending on beauty brands and slowed spending at South Korean stores. They may keep that pace in the coming year of the dragon.
- German factory orders rose more than economists forecast in December as demand from outside the euro area helped its largest nation weather the sovereign debt crisis.
- China tells its airlines not to pay charges to the EU's Emissions Trading Scheme, aimed at cutting carbon emissions.
- The Federal Reserve should start raising interest rates next year, a top Fed official said on Monday, arguing that even if rates stay near zero for many years, U.S. economic output will not bounce back to pre-recession levels.
- Three gloomy reports will put pressure on Bank of England to pump £50bn more into economy when it meets this week
- Taiwan smartphone maker HTC reports a 57% jump in annual profits, but it predicts a downbeat start to trading this year.
- The Brazilian government privatises three airports, including the country's largest in Sao Paulo, in sales valued at $14bn.
- Denmark’s credit crunch is getting worse as businesses accuse banks of withholding funds and the financial regulator warns that deteriorating asset quality may put more lenders out of business.
- To form a strong fiscal union and return confidence to the euro, eurozone members must be willing to give up some degree of control of their national budgets to a central European authority.
- Douglas Peterson, the president of Standard & Poor's, talks about European downgrades, ratings agency regulation and why he left an investment bank to run a firm trying to restore its reputation.
- JPMorgan Chase & Co., the biggest U.S. bank by assets, reached a preliminary agreement to pay $110 million to settle litigation saying it gouged customers on overdraft fees for checking accounts, court records show.
- Boeing Co shares slipped on Monday, the day after the plane maker said it must correct a fuselage support structure problem on some of its carbon-composite 787s, a glitch experts said could slow production.
- Is what is good for Chrysler good for America? The auto maker courted controversy and won kudos for a two-minute Super Bowl advertisement that was less a car sales pitch than a political message in a presidential election year.
- Miss Chen stares curiously at the iPad. Even though she works overtime in a factory in southwestern China that manufactures them, she's never seen the finished product.
- Paul La Monica. If you want to declare that tech stocks are once again a bubble ... you'd be dead wrong.
- Andrew Keen. The most interesting question isn't whether Facebook is actually worth $100 billion or how many billions of dollars Mark Zuckerberg will personally bank -- but whether or not Facebook really will make the world a better place for its close to a billion users.
