Posts Tagged ‘economy’
I’ve been working on some new code that delivers product placements from service providers directly onto my site and here it is. The great thing about this is that the service offerings are changing all the time keeping it fresh and new.
What a great evening was had by all at the West Midlands Young Enterprise Regional final Innovation Awards. six finalists each winners from their own region competed at the Great Hall, Birmingham University.
The contenders:
Team 5 from Colton Hills Community School in the Black Country with their FUN5 product designed to get kids active.
Felicitas from St Dominic’s School in Staffordshire with their jewellery iPhone ear pieces.
More bees from St Thomas Moore Catholic School & Technology College with their Bee box to attract bees back into our gardens.
Inspired from The Royal Grammer School Worcester with their aromatherapy fan.
Fairbags from Idsall school Shropshire withe their Fair Trade cotton bags,
Smart from St Martin’s Independent School for Girls with their jewellery and cards.
As you can see a very diverse range of product offerings and each team were very capable in answering my tricky business led questions as I toured the stands as part of my role as Board member for the Birmingham area board. they were all highly motivated, confident in themselves and confident in their business planning and delivery. It was a joy to spend a couple of hours with them all.
and after some excellent presentations by all teams the winner was announced.
The winner of the Best Company Award at the Young Enterprise West Midlands Innovation Awards 2010 last night was Felicitas from St Dominic’s School in Staffordshire
Well done to Felicitas, and all the other Young Enterprise teams.
Quick note to let you know I’ve sold my Avocet Mining shares. A tough decision to make because I still think there is more growth to see yet BUT I had my eye on some other stock and needed to get in quick. More about that one in a future posting.
So lets do a quick recap on how I’ve performed with my trade in Avocet Mining.
Purchased shares at £0.9974 and sold them 90 days later for £1.2175. Now where can you get that growth on the high street banking circuit?
Job done!
A recent news article further emphaisising my choice as a good one to back this company.
LONDON (Dow Jones)–Avocet Mining PLC (AVM.LN) Friday announces the first shipment of gold from its Inata mine in Burkina Faso. MAIN FACTS: -Inata poured first gold on Dec. 20, 2009 and this week exported 11,000 ounces of gold to Rand Refinery’s facility in South Africa. -The Company’s Burkina subsidiary, Societe des Mines de Belahouro, which owns Inata, signed a refining contract with Rand Refinery in February. -Proceeds from the sale of gold of $12 million are expected to be received next week. -The Inata mine is expected to reach a steady state production rate of over 10,000 ounces per month by July. -During the commissioning period to date, the plant recovery and gold produced have been ahead of schedule. -By Iain Packham, Dow Jones Newswires; +44-20-7842-9269; iain.packham@dowjones.com
Jump in quick and buy this stock before the price rockets further.
When the financial markets are in turmoil around the world people fall back to what they see as a strong and safe position. They withdraw from the market and sink their cash into Gold or Silver.
Well this sounds a good option at first glance but is it really the best option to take?
When you buy gold or silver you pay the market price and you’re then the proud owner of your physical lump of metal. But how do you make money from it? The only way is to wait for the market to rise and then sell it on. There is no dividend payout every year so that’s your only option. when you come to sell you also run into the problem of where to sell your lump. Most gold and silver traders offer only a percentage of the current market value so the growth has to be significant if you;re going to see a meaningful return.
But there is another way of investing in Gold and Silver and that is buying stocks in a mining company. OK so you have to do your homework on the right company but once you’ve done that you’re working the metal market in a more efficient and effective way. As metal prices rise the mining company’s stock price rises, after all every rise in product price is a direct increase in mining profits.
Take Avocet Mining for example, a great company who is pulling gold out of the ground at a cost of about $600 per oz. They’re selling this at $900 per oz currently, a huge return on their investment. As the gold price increase their margin increases. Do some calculations on gold price rises and you’ll soon see just how lucrative this little investment can be.
So my advice is to buy into Avocet Mining, sit back, wait for the price of gold to rise further and watch your investment soar… oh and you’ll get your dividends along the way too.
Whilst tweeting I came across AdLy and thought I’d give it a go. Ad.ly is an in-stream advertising platform that matches top-tier Twitter publishers with top-tier brands. so there is my first hurdle to jump; I need to be a top tier Twitter – not really sure what a top-tier twitter actually is in terms of how they measure such a thing. Is it down to number of followers, number of tweets, ratio of both of those, some other exotic criteria such as a measure of quality of the tweets and followers? I cant tell yet but as my Twitter account grows (I’m a twitter virgin) we’ll see whether the suggested value per advert increases.
I’m fascinated by these online viral type schemes, I suppose as they exist they must work to some extent. How much effort I’ll have to put in vs. how much reward I’ll get is unknown at this point in time. What I can tell from their site is they seem to be a very professional outfit and provide all the usual tools to try and capture people through referrals etc. like the banner you can see in this blog. Press it, sign up and I think you’ll be one of my referrals? give it a go and see what happens.
So how long will it take to earn anything from this?
How long will it take before my rate per tweet grows?
only time will tell….
Thought I’d update you on my latest stock acquisition so you too can jump aboard and make some cash to beat the bank. This time I’ve purchased some stock in Avocet Mining Plc. (AVM.ISE) I made my purchase at £0.9974 per share and I’m expecting good things over the next few months. Get in now and make some easy money. Bail out target for me is around £1.45 but I’ll keep an eye on the trends and related news stories in case I need to change this.
and for those who are interested in what this company does read on…
Avocet Mining Plc is involved in the exploration, extraction and production of gold and tungsten.
The Group was listed on the London Stock Exchange in April 1996, having been previously listed on the Vancouver Stock Exchange since 1986 under the name Avocet Ventures Inc. Avocet is a gold mining company operating in Indonesia and Malaysia and a focus on expansion in South East Asia. It has two operating gold mines a new mine in the making and a number of exploration projects.
That’s all from me for now….
My portfolio of shares has taken a tumble over recent weeks.
Greene King shares have been on a slide for a while now, I thought I had picked the pit of despair but apparently not they just kept on falling. The good news though is that signs of improvement are visible with the trend moving skywards once more. I’m investing every week in this company through my purchase of their IPA. Perhaps this is why the turn around has started.
Tenon Group shares have dipped but I’m sure they’re on the way back to the top so I’m hanging in there whilst the market sorts itself out and realises just what a good deal this company is at the moment.
My other stuff are remaining pretty stable so not much to say specifically. I’m still confident of a reasonable return but this poor performance over the past few weeks has meant I have not been able to take profit and reinvest in some of my target areas which frustrates me.
Guess I’ll just have to sit back and enjoy the ride.
Things just keep getting better and better with my shares.
Just received notification of another dividend, this time it’s Northern Foods paying out £0.029 per share so a nice little earner for me. The stock itself is starting to show signs of movement in the positive direction as I predicted it would so my stock selection methods are still working well and showing returns on my investments that out strip anything I can get elsewhere.
My tentative toe in the water approach to investments is working well so I’ll be looking to increase my stock options soon with another purchase. I’ve a couple of ideas bubbling away at present but they need more work to finalise which one if any I’ll be picking. In the mean time I’m keeping an eye on my other stocks as I’m getting strong positive moment from both Tesco and Greene King. I feel there is more to go yet with these two but will be hoping to cash in soon, taking a healthy profit for reinvestment.
A nice little bonus greeted me when I came back off my holiday. Two dividends one (Babcock) paying £0.10 per share and the other (Vodafone) paying £0.05 per share. The Babcock one was really good to received as I’d actually sold the shares earlier but still qualified for the pay out. So you can even earn money from share dealing when you don’t hold the stock!