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Presco Plc Q1-25 Update: Strong Fundamentals to Drive Profitability

May 9, 2025/Cordros Report In this report, we update our outlook on PRESCO for 2025E. So far in 2025E, PRESCO carried on their strong performance from 2024FY, with Q1-25 unaudited numbers reflecting an impressive 120.4% y/y revenue growth driven by higher pricing and marked volume growth. Based on our updated estimates, […]

Trade Optimism Pushes Oil Prices Higher

May 9, 2025/Oilprice.com Tom Kool Editor, Oilprice.com Crude oil prices climbed this week on hopes that the U.S. and China might come to a trade agreement after a deal was announced with the UK. Friday, May 9th, 2025  ICE Brent futures have recovered to $64 per barrel as oil markets […]

SEC Obtains Final Judgment Against California Company and Its Owner Who Defrauded Elderly Investors in Gold and Silver Coin Scheme

May 9, 2025/US SEC On May 2, 2025, the Securities and Exchange Commission obtained final judgments against California-based Safeguard Metals LLC and its owner, Jeffrey Ikahn of Tarzana, California. In 2022, the SEC charged Safeguard and Ikahn with operating a multi-million-dollar fraudulent scheme involving the sale of gold and silver […]