Shares: Taking Stock

Friday 06 February 1998 00:02 GMT
Comments

Dana Petroleum, one of the more actively traded operators in the former Soviet Union, is said to be on the verge of winning a production agreement for the Salym field, a large and highly promising development. Three other deals are under negotiation. Graham Stewart of Dana said: "We are feeling pretty bullish." Dana shaded 0.25p to 22p. Assets, according to UBS, are worth 30p a share.

Grosvenor Inns, after its pub and boardroom shake-up, is on the right route and the shares, up 17p to 233.5p, are a buy, believes Credit Lyonnais Laing. It sees profits of pounds 1.9m this year and pounds 3.6m next. The company sold 24 pubs to concentrate on its Slug & Lettuce chain. It now has 23 and plans to go to 70. The CLL target is 300p a share.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in