UK Stockmarket 2009 and beyond

ses6jwg

I held shares in UK coal a while ago, at £1.42, sold out at a loss as the stock plummeted.

The results they posted were dire, very dire.

"Clean coal", if successful, could be a huge boost to the industry, and if the housing market recovers UKC with their large land bank will be in a good position.

But personally, if you aren't in too deep, I would sell out (even at a loss as long as its not more than 10%) and put my money in a much less risky company with better prospects.

Your call.

sabretoothtigger

Just spotted this chart thingy, not sure how good it is or if its delayed but posting before my computer eats the link and I lose it

http://tools.boerse-go.de/index-tool/

DD4

sabretoothtigger wrote: »

Yea Ive heard of that but many people are stuck in other pension schemes where they pay the full whack.
I think its possible to transfer but often theres all sorts of entanglements and complications to it

I remember dithering dad last autumn saying how he'd switch out at his estimation of a peak then switch back and really I think he must have had hl or similar in order for that to make sense.
Unfortunately he isnt on this board to give his opinion any more afaik

I believe he'd not see a clear distinction to sell or buy at the moment

Hi STT, I'm still around and posting in the MFW and Pensions boards occasionally. A helpful soul provided a link to your post in one of the pensions threads I have been contributing to, so here I am.

I switched out just below peak, I bailed when the FTSE100 went down to approx. 5800 and I got back in when it was about 3700. I'm currently out of the stockmarket with 50% of my pension funds with the rest in defensive stock, corporate bonds and Absolute funds.

When I originally bailed, I had a stakeholder pension with Legal & General that had free switching between pension funds. I therefore switched out of all the equity related funds and put the money into cash funds and fixed interest (I'm now in a SIPP with H-L).

sabretoothtigger

Good to hear your still around, doesnt sound like we disagree too much as Im fairly undecided on things but still net long.

Ex-divs to take 1.94 points off FTSE 100 on Sept 23

Mon Sep 21, 2009 5:48am EDT

LONDON, Sept 21 (Reuters) - The following FTSE 100 companies
will go ex-dividend on Wednesday, after which investors will no
longer qualify for the latest dividend payout. According to Reuters calculations at current market prices,
the effect would be to take 1.94 points off the index.


COMPANY (RIC) DIVIDEND INDEX IMPACT (pence) (points)
Aviva (AV.L) 9.00 0.97
Centrica (CNA.L) 3.66 0.73
G4S GSF.L 3.02 0.17
Petrofac (PFC.L) 6.46 0.07
FTSE 250 companies going ex-dividend include:
Aggreko (AGGK.L) 4.37
Interserve (IRV.L) 5.50
Kier Group (KIE.L) 37.00
Savills (SVS.L) 3.00

Considering how much they cost this seems significant

Brown to offer cut in nuclear sub fleet
Gordon Brown will state for the first time on Thursday that the UK is prepared to cut the number of its Trident-armed submarines in an attempt to accelerate global arms reduction talks.
http://link.ft.com/r/YIQXNN/EAWJV/HE4WP/WNFMP/PICP6/CM/h

http://www.telegraph.co.uk/finance/economics/6220524/Weak-sterling-will-deliver-UK-surplus.html

tonygee wrote: »

Been watching hyder also

Noticed they are up 50% since before div!
Nice how the small stocks can move I think and still probably not overvalued though I havent looked too closely as I never invested much unfortunately. Same for Kaz which has also risen 50% over a similar time frame, much more impressive as its a gigantic company not a little (but still international) consultancy

sabretoothtigger

Almost a 2% fall in the last 90 mins of NYSE trading. Just after FOMC that was, quite a negative tone, typically it rose at first and I thought it might snap back like that because its done it before?

Just before it happened EUR/JPY fell quite sharply at 19:30. Usually its rubbish as a fore warning but worked that time

Fed Slows Mortgage Purchases, Sees Stronger Economy (Update2)




By Craig Torres
Sept. 23 (Bloomberg) -- The Federal Reserve will slow its purchases of mortgage securities, seeking to avoid disrupting the housing market as an economic recovery takes hold.
“The Committee will gradually slow the pace of these purchases in order to promote a smooth transition in markets and anticipates that they will be executed by the end of the first quarter of 2010,” the Federal Open Market Committee said in a statement today after meeting in Washington. The $1.45 trillion program was scheduled to cease by the end of this year.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a0rBSJr4Y3LM



Australia opens soon but I think they have their own concerns tbh. My own pacific bet was a bust as it rose 6% instead of falling with china like I thought it might, lucky I only sold half of it as its long term

Blue-Chips
Water company United Utilities (UU.) said it is on track to deliver results in line with expectations for the six months to September 30th. The group said underlying operating profit in the regulated business is expected to come in broadly in line with the first half of last year, reflecting ongoing revenue and cost pressures. As indicated previously, reduced water demand means that regulated revenue growth for the year is expected to be lower than the allowed price rise increase of 6%. "As expected, the company also faces cost pressures in areas such as power and bad debts, alongside an increase in depreciation," it added. The group expects a marginal increase in underlying operating profit in its non-regulated business in the first half of the year. Meanwhile, United Utilities Property Solutions is expected to break even in the first half, reflecting difficult conditions in the UK property market. "Earlier this month we submitted our written response to Ofwat's draft determination of prices for the 2010-15 period and we will be discussing this with the regulator ahead of the final determination in November," commented the firm. One-off costs of around 10 million pounds are expected in the first half of 2009/10, mainly with regard to the restructuring within the business. United Utilities shares trickled 0.2p lower to 455.2p.

tradetime wrote: »

She has a $186 price target on it, and yes rec would have went to clients first before the general public. Don't forget Goldman have "the software" as their lawyer stated in court last week, "In the hands of someone who knew how to use it, could allow them to manipulate markets to an unfair advantage." Guess Meredith just had to upgrade them after that

Turns out she was right, how irritating Thats a 30% rise in 9 weeks on an already well valued stock

ses6jwg

Anyone got any views on UMECO?

I bought in a while back at £2.28, they do have a lot of debt however their results and management statement looked promising, and they seem to have held up well during the recession with rising profits.

Nice dividend of 11p per share too

sabretoothtigger

Thats quite a fall, high debt would explain that I guess. They seem to have high div cover and I dont know this company but if they in the same sector as rolls royce then maybe they could be good for similar reasons, do you know their order book

chart looks good, reasonable prospect maybe I guess this price could be a point of indecision hence your post?

This currency dude seems to talk through fomc and stronger dollar quite well, good explanation for me
http://www.youtube.com/watch?v=47Lm9sxCJYE&feature=sub

ses6jwg

sabretoothtigger wrote: »

Thats quite a fall, high debt would explain that I guess. They seem to have high div cover and I dont know this company but if they in the same sector as rolls royce then maybe they could be good for similar reasons, do you know their order book

chart looks good, reasonable prospect maybe I guess this price could be a point of indecision hence your post?

This currency dude seems to talk through fomc and stronger dollar quite well, good explanation for me
http://www.youtube.com/watch?v=47Lm9sxCJYE&feature=sub

"Umeco's customers include Boeing, Airbus, Rolls-Royce plc, BAE SYSTEMS, British Airways, Goodrich Aerospace, Bombardier Aerospace, Lockheed Martin, the US Department of Defence, manufacturers of high performance super cars and all the Formula 1 teams."

One thing I've noticed is apart from the run up to results and ex div the volumes traded of this stock are always very low, sometimes less than 150,000 in a day. The spread always seems to be huge as well, up to 10p sometimes.

Nice to see it tick up on a red day though :beer:

uk_steve

Looks like the bear has come out of hiding


i am sure there will be a few bargains coming soon:beer:

oscar52

Like the previous poster / troll, I have been reading this thread for weeks (if not a couple of months) but totally disagree - ok its always the same few that post (or at least seems that way) but have found many of the posts interesting - even if some of it is so far over my head its like to be in orbit.

I have even taken a small investment / risk (please ignore my DFW debt thingy as its well out of date)

I have had for a while shares in TMN (now PRO) - should have jumped at 96p, but didnt see the bubble bursting (at least these didnt cost me anything though - all free through the old member offers.

Have also had for a while PRTY - again, these essentially didnt cost me anything - when I had to move PRO from Capita, I opened a selftrade account and got a welcome bonus - unfortunately, due to PRTY doing a 1 to 10 reissue, I can longer sell these (unless I buy more).

The ones I have recently bought (though not much money wise - and I suppose a punt) are WTI and PPA - latter one not doing so great, but showing nearly 100% up on WTI.