Wednesday's Morning Market View from ShareCrazy stars Malcolm Stacey and an idea for your ISA

Read Malcolm Stacey, the Market Update, the Book of the Week and Broker Recommendations Is this email not displaying correctly? View it in your browser. Wednesday 22 August 2012 QUOTE OF THE DAY "Money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game." - Donald Trump THIS MORNING IN LONDON FTSE 100 5,784.93 -72.59   -1.24% FTSE 250 11,481.88 -157.59   -1.35% FTSE 350 3,073.66 -39.04   -1.25% FTSE All Share 3,007.28 -37.73   -1.24% AIM 100 3,085.16 -9.62   -0.31% AIM All Share 683.78 -1.72   -0.25% 13:45 pm THOUGHT FOR THE DAY By Malcolm Stacey Reading the Penny Dreadfuls Hello Happy Gang, Time was when I bought a penny shares after seeing it put on a spurt. I would then rejoice as the spurt continued into a healthy run up the flag pole. You could turn a £500 stake into £5,000 and get a daily thrill of seeing it happen. It was lucky episodes like that which made me give up the old day job. Said job was getting a bit dangerous anyway, as age takes its toll on active journalists... Click here to view the rest of the article TIP OF THE DAY Vislink - An idea for your ISA A report by Tom Winnifrith's t1ps.com Today on ShareCrazy we bring you an exclusive report on Vislink, one of t1ps.com’s ISA ideas of the month for August. Every month the analysts at t1ps provide two research reports on shares which have good growth potential, frequently offer a decent dividend yield and which they believe are ideal for tucking away in a stocks & shares ISA Click here to read the full article… THIS MORNING IN LONDON Footsie drops one per cent as miners fall - Greece to request two more years - Japanese trade deficit concerns miners - BHP sees earnings fall in the first half London's FTSE 100 was trading a whole per cent lower by Wednesday lunchtime as markets focused on concerns about Greece and some gloomy economy data from Japan. "Traders’ profit horizons seem to be getting shorter and shorter at the moment and any profit is being snapped up as soon as it happens," said Simon Denham, the Chief Executive Officer of Capital Spreads. Eyes will be kept on Greece as Prime Minister Antonis Samaras speaks with Eurozone officials this week to renegotiate the terms of the bailout. He is expected to request a two-year extension to Greece's fiscal-adjustment programme. “All we want is a bit of 'air to breathe' to get the economy running and to increase state income. More time does not automatically mean more money," Samaras said. Meanwhile, mining stocks in London were weighed down by the news that Japan swung to a trade deficit of 517.4bn yen (£4.14bn) in July, from a surplus of 60.3bn yen in July, on the back of slowing demand in Asia and the Eurozone crisis. Analysts were expecting a deficit of 270bn yen. Markets will also be focusing on the US later today as the minutes of the latest Federal Open Market Committee(FOMC) are due for release. FTSE 100: Miners drop on Asian demand concerns Metals and mining stocks dropped today after Japanese trade data disappointed, weighed on the outlook for demand. BHP Billiton fell after saying that weakness in commodity markets and industry-wide cost pressures resulted in earnings declining in the first half. The group also decided against spending up to $30bn on a uranium and copper mine extension in South Australia. Evraz, Fresnillo, Kazakhmys and Rio Tinto were also heavy fallers, while ENRC was lower after going ex-dividend and being downgraded by both UBS and Citigroup to 'neutral'. Concerns over Chinese steel prices could also be weighing down on the sector. FTSE 100 counterparts CRH, InterContinental Hotels, Prudential and Standard Life also went ex-div today. B&Q owner Kingfisher was a heavy faller after Deutsche Bank lowered its recommendation for the stock to 'hold' and cut its target price from 340p to 315p. FTSE 250: Spirax-Sarco falls as first-half profits decline Steam trap and pump maker company Spirax Sarco was out of favour after reporting a decline in first-half pre-tax profits following higher material costs, the impact of lower volumes in its main European factories and the economic downturn in Latin America. Jefferies said this morning to expect consensus downgrades after a 'somewhat disappointing' set of results. Bus and rail group Stagecoach fell after revealing a decline in like-for-like revenue at its UK bus operations as all of its other divisions grew in the twelve weeks ended July 22nd. Heading the other way was waste management firm Shanks after saying that the Silverburn Shopping Centre in Glasgow is no longer sending any of its waste to landfill since appointing Shanks to handle its recycling. Shanks won the recycling contract just six weeks ago, and has been instrumental in ramping up the shopping centre's recycling rate from 9% to 97%. FTSE 100 - Risers Tullow Oil (TLW) 1,394.00p +1.38% Lloyds Banking Group (LLOY) 35.24p +1.25% Gemfields (GEM) 37.00p +0.68% Diageo (DGE) 1,689.00p +0.30% SSE (SSE) 1,340.00p +0.15% Polymetal International (POLY) 968.00p +0.10% FTSE 100 - Fallers Kingfisher (KGF) 283.50p -3.57% Fresnillo (FRES) 1,533.00p -3.04% CRH (CRH) 1,129.00p -3.01% IMI (IMI) 887.00p -2.74% Vedanta Resources (VED) 941.50p -2.59% Eurasian Natural Resources Corp. (ENRC) 360.70p -2.57% Standard Life (SL.) 269.30p -2.57% Anglo American (AAL) 1,933.00p -2.52% Croda International (CRDA) 2,369.00p -2.47% Kazakhmys (KAZ) 717.00p -2.45% FTSE 250 - Risers Shanks Group (SKS) 87.85p +3.29% JD Sports Fashion (JD.) 677.00p +3.04% Ferrexpo (FXPO) 194.00p +1.62% Kentz Corporation Ltd. (KENZ) 354.10p +1.17% Savills (SVS) 397.70p +1.07% Big Yellow Group (BYG) 304.70p +0.63% Computacenter (CCC) 385.30p +0.60% Barr (A.G.) (BAG) 447.70p +0.58% BH Macro Ltd. EUR Shares (BHME) € 19.00 +0.48% Beazley (BEZ) 169.60p +0.47% FTSE 250 - Fallers Spirax-Sarco Engineering (SPX) 1,941.00p -5.78% Yule Catto & Co (YULC) 153.10p -5.08% Homeserve (HSV) 219.90p -4.93% Bovis Homes Group (BVS) 482.10p -3.96% Ocado Group (OCDO) 66.80p -3.95% International Personal Finance (IPF) 298.40p -3.90% Brewin Dolphin Holdings (BRW) 149.00p -3.87% Man Group (EMG) 77.30p -3.80% Barratt Developments (BDEV) 148.80p -3.00% New World Resources A Shares (NWR) 293.90p -3.00% WHAT THE BROKERS SAY Gold and silver miner Fresnillo is 'well-placed for recovery', that's according to Galvan Research and Trading, which has labelled the stock as a 'buy'. Jefferies has reiterated its 'hold' rating and 2,090p target price for steam trap and pump maker Spirax-Sarco after its interim results were 'somewhat disappointing'. Credit Suisse has trimmed its target price for troubled platinum miner Lonmin and reiterated its 'underperform' rating on the stock, following the recent violent protests at its Marikana project in South Africa which left more than 30 of its workers dead. Click here for the rest of the broker recommendations THE LATEST ON THE CRAZY BOARD The top 5 hot company threads on the Bulletin Board: Cluff Gold (CLF) Agriterra - AGTA KURDISTAN-TXO JOIN GULF KEYSTONE WITH 10% STAKE SOUND OIL MULTIPLE PLAYS KENMARE KMR The New Asia Energy????????????????? Click here to discuss shares with other ShareCrazy members BOOK OF THE WEEK How to Build a Share Portfolio: A Practical Guide to Selecting and Monitoring a Portfolio of Shares By Rodney Hobson A book review by Luka Lukic of t1ps.com In this book Rodney Hobson aims to provide a straight forward introduction into the world of portfolio management and best practices to employ when selecting what you want to invest in. Thankfully it doesn't pretend to offer a guaranteed, one size fits all, scheme to become a millionaire, but instead attempts to compel the reader to assess what they wants to get out of their investment and then provides guidance to that end. The book aims to explain the different behaviours of the various market sectors, and the importance of not only holding a range of shares, but diversifying them throughout the sectors to ensure a proper hedge. It also walks the reader logically through a range of factors than can, and most likely will, affect the share price and gives case studies to demonstrate the impact on real companies. Click here to view the rest of the article Regards, ShareCrazy Friend on Facebook Follow on Twitter SHARECRAZY TV Tip of the Month A monthly free hot share tip from Richard Gill Click here to watch Oil Barrel TV The best of the Oil Barrel conferences Click here to watch Minesite TV The best of the Minesite forums Click here to watch ShareCrazy Poll At what price will GOLD be at the end of 2012? Below $1,400 $1,400 - $1,599 $1,600 - $1,799 $1,800 - $1,999 Above $2,000 View Results follow on Twitter | friend on Facebook   Copyright 2012 Sharecrazy.com Limited Our mailing address is: ShareCrazy.com Ltd., Level 3, 3 London Wall Buildings, London Wall, London EC2M 5SY

If you do not wish to receive such emails please use the following link to unsubscribe.

Sharecrazy.com Limited is an Appointed Representative (FSA registered number 245145) of Rivington Street Corporate Finance Limited which is authorized and regulated by the Financial Services Authority (FSA registered number 184761). Sharecrazy.com Limited is ultimately owned by Rivington Street Holdings PLC, 39 Athol Street, Douglas, Isle of Man IM1 1LA, the holding company for other regulated entities such as t1ps.com Limited and Rivington Street Corporate Finance Limited. Sharecrazy.com Limited does not offer investment advice and the ShareCrazy Trader service we provide is administered by Jarvis Investment Management Plc, which is authorised and regulated by the Financial Services Authority. The website and the articles on it are for general guidance only and we cannot assume legal liability for any errors or omissions they might contain. The value of investments can go down as well as up and you may not get back the full amount you invested. If you are in any doubt about investing, seek the guidance of a suitably qualified and regulated financial adviser.