UK Stockmarket 2009 and beyond

tradetime

sabretoothtigger wrote: »

I have tesco, guess I could have bought some more there. 10% drop is big news for them :laugh:
They do have a few projects but nothing effects it that much, looks a reasonable buy. The low there is only 20 above their price 18 months ago, not exactly a mover are they but the div is ok

Yeah I missed the dip late last year, they are a fairly well diversified retailer with a good global reach.

sabretoothtigger wrote: »

^^ My recent post from elsewhere, TT do you think what Mr 50c did was illegal by the SEC?
I reckon not really since he provided no means to invest nor made any profit directly or immediately from his opinions
http://www.thestreet.com/story/10973104/50-cent-twitter-stocks-pump-hip-hops-power.html

It's hard to tell without all the facts, sure the SEC will be looking at it, but from what I've seen, no probably not illegal. Nothing wrong with talking your friends into buying shares in one of your investments, as someone said, being a celebrity and with the reach of twitter etc, he just happens to have a lot of friends

sabretoothtigger

CEY being taken down today. I think its because of this trouble in Tunisia, they lost their replacement leader now http://www.almasryalyoum.com/en/news/egypt-govt-scurries-contain-political-fallout-tunisia-uprising



Someone pointed out that the thing that makes gold more valuable is also causing trouble in places like Egypt where food is imported at a rising cost much to the ire of normally suppressed population

Anyhow this is price speculation not nessecerily a justified reason to sell Centamin. I havent looked carefully but if it closes below 160 next point is 147
Amazing article on the Sukari mine, did they get the profit sharing laws changed?



Dollar is still well negative but within the region of a channel bounce. GS disappoints, barc down


EMED - no wonder it went up so much, Robbie Burns bought 40,000 shares at 16p. I guess he likes the breakout stocks, it was rising on good volume so I figured it was strong.
His target is 30p, seems alot near term but I guess he is prepared to wait

Thinking about putting a 1% trailing stoploss on CHK. I think it'll go up but I dont really want to bother holding it at a loss again not in share form anyhow.
Target is about 30 dollars for now, their potential is twice that but usa is not exporting (or using even) its largest energy resource, shame. Might as well buy BG or whatever

Money_maker

:spam:Yuk - spam!

oscar52

I am looking for other peoples views an a (small punt) stock i hold - PPA. Shares were suspended last week due to a possible reverse takeover, however, peoples various views on this seem to be split 50/50 that it will cause the recent gains to be wiped or that the price will soar once reopened.

Personally, I cant see either of the drastic outcomes happening, but there are people more knowledgeable than I on here.

JonnyBravo

sabretoothtigger wrote: »

EMED - no wonder it went up so much, Robbie Burns bought 40,000 shares at 16p. I guess he likes the breakout stocks, it was rising on good volume so I figured it was strong.
His target is 30p, seems alot near term but I guess he is prepared to wait

Another beating for EMED today. All caused about worries over the Junta's apparent lack of progress since they gained the fouth sig from the Liquidation Commission. Down 25% from its recent high.
It is the only game in town for this area and worst case is a hold until May when elections will change the local party in charge.
Its easy to hold when you got in under 10p mind. :cool:

OTC released its long awaited (by me, and ok only a couple of months) JORC resource "upgrade" which resulted in a drop in measured and indicated gold equivalent. Sold this morning with 89% profit showing.

Now deciding what to do with the cash

sabretoothtigger

I'd just call that profit taking, doesnt sound like real trouble. Well done on OTC always strange to see a share go down on good news

Application has been made for the admission of the 6,964,089 Ordinary Shares to trading on the AIM market of the London Stock Exchange ("Admission"). Admission is expected to become effective on or around 27 January 2011. Following Admission, EMED Mining will have a total of 700,110,605 ordinary shares in issue. Application will also be made for quotation of the new shares on the TSX.

Read more: http://www.digitaljournal.com/pr/205218#ixzz1C8F0VTGF

So thats 700 up from 290m shares in 2009. Almost as bad as RBS





CEY on the other hand does have the threat of real trouble with Egypt protests. That not very democratic regime is proving a negative for them, instability doesnt help any country in its investments
Hopefully the people get what they need without much further trouble, food prices are up 20% since Ben announced he'd do QE2. Thanks Ben
Target for them now based on 2yr volume profile is about 130 presuming no big news it could flake down this far


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16.28 proved a decent entry for STAN though I cant really afford to hold this big share lightly so might sell early and rebuy a smaller chunk later if this latest wobble threatens to continue

Silver is midway at my nearterm rough target of 25 to 27. Must look at HOC though its not been weak has it so might have to wait


Looked at ZEN after it was tipped, seemed reasonable.

Oil coming down a bit (a bit like gold,etc), got a small buy order for BP at 477

JonnyBravo

sabretoothtigger wrote: »

Well done on OTC always strange to see a share go down on good news

Wasn't really good news though despite what all the fan boys were saying.
If you've already got Measured and Indicated resource then Inferred resource is comparatively worthless. Especially in a company so far from production.
The modest reduction of 6.18% in M+I was not worth the 40% increase in Inferred.
Add in the fact the price had risen on the back of very bullish statements, vigourous BB activity and press over the weekend and anticipation was far higher than the RNS delivered. The price was higher than it deserved to be I guess.
More falls today. Lots of despair on the BB's. More to come tomorrow I suspect.

StevieJ

Borrowed funds supporting US rally, Sabre doesn't seem long ago that we were discussing support levels at 1044

The sharp rise in margin debt adds a different perspective to the powerful run-up in equities that has propelled New York’s S&P 500 index to gains of more than 10 per cent in the past quarter.

Margin debt peaked in June 2008 at $378bn, then fell sharply in 2009, to its lowest level since 2002, even as the S&P rallied in the second quarter of that year.
The latest increase in borrowing has raised concerns about the sustainability of the current rally.

http://www.ft.com/cms/s/0/53be34ae-2a45-11e0-b906-00144feab49a.html#axzz1CGmrDgkp

tradetime

Took partial profits on Aviva and Shell this morning

StevieJ

tradetime wrote: »

Took partial profits on Aviva and Shell this morning

I am thinking that Shell is still looking fairly resilient with a few upgrades and price forecasts of around £26.00. I am keeping a close eye on it though.