Good morning!

RNS announcements have hit the tape at 7.25am, giving us 35 mins to read and decide what to do in advance of the market open.

Would anybody like to start a petition for after-hours updates instead of 7am (when we're lucky) updates?!

Anyway, here are some stocks which have caught my attention so far.

  • Orosur Mining Inc (LON:OMI) - Q3 results
  • PCF (LON:PCF) - £100 million in retail deposits (I hold)
  • Carr's (LON:CARR) - interim results
  • XLMedia (LON:XLM) - "acquisition of leading UK Bingo comparison site"

We also had trading updates from Cerillion (LON:CER) and Kainos (LON:KNOS). I originally thought that Cerillion was in-line, but it looks like an EBITDA miss with the shares down by 7% in early trading.



Mello 2018

A quick word on the Mello 2018 conference which is coming up in less than two weeks. Paul, I and many of the Stockopedia team will be there so hopefully we will meet as many of you as possible.

Paul will be presenting a session on small-cap opportunities and threats while I will be taking part in a ShareSoc Masterclass event with Peter Higgins, Lord Lee, Leon Boros and Phil Oakley. We'll be covering two crucial topics - risk management and red flags.

Tickets for the Masterclass are sold separately and are nearly all sold out, but if you'd like to attend then please use the form on ShareSoc's website: link here.




Orosur Mining Inc (LON:OMI)

  • Share price: 5.625p (-12%)
  • No. of shares: 117.6 million
  • Market cap: £7 million

Q3 2018 Results

Apologies for going off-topic with this South American gold miner (we don't usually cover resources here).

Production is down and cash operating costs are up ($1065/oz). The company performed to expectations for several years but is now enduring a period of bad luck.

It is taking some drastic measures to preserve cash:

During the Quarter, and in large part due to the performance of the SG UG [San Gregorio Underground Mine], the Company commenced the implementation of a strategic initiative…

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