Dr. Duru submits:
I continue to read that the Swiss franc has been gaining on the euro because of the euro’s weakness. This observation appears correct when reviewing the euro’s slide against the dollar since early December (EUR/USD) and the parallel appreciation in the franc versus the euro (EUR/CHF). Yet, the euro has essentially stabilized versus the dollar over the past month while the franc has slowly but surely appreciated to one-year highs (lows on EUR/CHF).
This daily chart shows the euro’s recent stabilization:
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Kurt Wulff (McDep Associates) submits:
Buy-recommended BG Group plc (BRGXF.PK) offers unlevered appreciation potential of 23% to a McDep Ratio of 1.0 where stock price would equal Net Present Value (NPV) of $22 a share. Fourth quarter results released today exceeded our estimate for unlevered cash flow (Ebitda) from three months ago with downstream higher than we thought and upstream lower than we thought. NPV is supported by cash flow and reserve life in an industry context after allocating 21% for offshore Brazil.
BG expects Brazilian output to grow to 25% of production in 2020. In a presentation today, Chief Executive Frank Chapman provided new detail on Australia as another wedge of growth. BG believes its Queensland Curtis Liquefied Natural Gas (QCLNG) project can compete with the best of existing and planned ventures that might account for a quarter of global LNG capacity ten years from now. Developing coal seam gas as the feedstock, QCLNG would be among projects to open a new LNG export area in northeast Australia, while most of the exports to date have been from the northwest. Meanwhile, oil markets have turned downward with futures prices for the next six years at $81 a barrel, below the 40-week average of $82.
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George Chadwick submits:
For a company with so much bluster (hype) about 8 years ago, we were almost loathe to cover this one, let alone invest in it. With all the trappings of a trading vehicle, be prepared for a near-term ceiling. Nevertheless, the last ceiling provided a good triple or better on your money about 3 years ago.
So, worst case scenario, this formerly shilly-shally stock goes back below 5 yet again. The longer term technical picture as an underperformer has been eclipsed recently by a stair-stepping progression that forms one bull flag and another potential bull flag is in the making with a recently rising 200 day moving average, a technical sign of momentum.
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Microcap Speculator submits:
My latest purchase was microcap stock GlobalScape (GSB), a file transfer software and managed services company. Computer users know it best for its low end FTP products, CuteFTP and CuteFTP Pro. But that’s just a small fraction of its business. The revenues are mostly from the more advanced, server-based file transfer programs like EFT Server and EFT Server Enterprise. Managed file transfer services are also growing.
OK, so the business is pretty boring. For a tech company it’s difficult to find something more mundane than file transfers. As a stock, however, GlobalScape has a lot to offer. I bought GSB over the last several days at $1.46 to $1.49. Here are three reasons why:
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Gary Gordon submits:
On Friday, I read Richard Shaw’s commentary with a great deal of interest (Brick Chart View of Major Indexes). In the editorial, Shaw explained the nature of “brick charting,” including:
(1) Time Independence. Like Point & Figure Charts, new blocks (bricks) rely on price changes alone, and they may not occur for several time increments.
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Investing, Long Term Investment, stock market | admin March 14, 2010 | 
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