UK Stockmarket 2009 and beyond

blinko

Hi can anyone recommend CFD's/DMA provider thanks

im currently spread betting with Igindex and tradefair,
im looking to get into CFD's can anyone recommend a good provider with a nice platform etc

would love to here your erxperiences

thanks

tradetime

Sorry never used CFD's. don't IGindex do them, think most SB providers also do CFD's

sabretoothtigger

I looked at CDC report you posted Bobby. The company is already valued over 100m, I realise they may have assets greatly higher but right now the price seems inline. Maybe one to buy on weakness. GS own 5% apparently


Was looking at Zen. It has 11p per share in cash Reuters says . Price went to 15.5 this week on news they want to be bought up. I wonder if anyone wants them, they were over 100 a year ago so a great fall but not a disaster scenario really?


Sort of similar, Cisco has 40bn cash. Doing share buyback, very beatup yet even more so they arent exactly bad news. A company in transition and sentiment sees them as in decline I guess
$7 per share cash, earnings 1.32 price 18.60 Seems pretty cheap in comparison


CEY very beat up now. From 200 to 120. Today news of a strike but apparently its not that bad.
However this sell off occurs on such high volume I think it has a fight to recover. Not a quick gain I guess
http://af.reuters.com/article/metalsNews/idAFWEB021820110218


BP higher now then before the div. Sold off a bit at same sticky 495p price level, still seems like it could rise more
http://www.oilspillcommission.gov/chief-counsels-report


Barc I was hoping to sell at 350 but really 340 was good enough however I wasnt watching. ex div on wed, think they doubled the div :j



EMED on the go again. Lowest price was in line with a bullish retracement and continuation I think, in that it never lost more then 61% of the big gain


How about Rockhopper, some bad news. Nearing 235 to 250 area I think they might do better


Gold price recovering in similar way it has been recovering and exceeding previous losses for two years now. Good news for all miners


Bought some CNR, seemed more then justified price and possibly alot of silver if el salvador can restore their licence.
From a quick read, the country strikes me as progressive with a bad past

Got some more HOIL. Uganda elections and tax issue and also double strike from continued Iraqi license worries. GKP was a nice price this morning, similar to start of Feb


This Guy loves GSK Forgot about him but who am I to argue, no doubt he is right:
http://www.citywire.co.uk/money/invesco-perpetual-high-income/a385070?re=13027&ea=247039&utm_source=BulkEmail_Money_Daily&utm_medium=BulkEmail_Money_Daily&utm_campaign=BulkEmail_Money_Daily

tradetime

Afternoon folks, any of you fundi guys got a view on Petrofac (PFC) Looking at putting some in ISA, well already have opened a small position at 1430. Chart wise it's just a heavy faller, possible first support aorund 1390. I'm assuming it's getting turned over on Mid-East concerns.

sabretoothtigger

Libya is using fighter jets on their own people I have read though two landed in Malta instead

I was looking at PFC the other day also. I had planned to originally buy it in March last year, opps. Questor wrote on them also naked trader.
Not massively certain on their correct value but pe is only 14

Obviously theres the 200 dma at 1409 and I have an uptrend at 1340 going back to 2007





Kefi who is in Saudi Arabia went up anyway, they are partly owned by EMED also up 10% General meeting and shares placed for trade tomorrow
http://www.proactiveinvestors.com/companies/stocktube/134/harry-anagnostaras-adamsmanaging-director-of-emed-mining-talks-to-proactive-investors--.html



HDY up alot as BP buys into similar deal out in India. I sold last of my BP for the moment as I have enough exposure and market has a flock of black swans

FTSE futures down to 6000. I think lows of 11th is a place to look for in the morning 5971, a trend there traces back to 2008


Oil is up [strike]four[/strike] five dollars today. Dollar not altered, people buying gold silver instead. Resistance at 1416 for gold possible

tradetime

sabretoothtigger wrote: »

I was looking at PFC the other day also. I had planned to originally buy it in March last year, opps. Questor wrote on them also naked trader.
Not massively certain on their correct value but pe is only 14

Obviously theres the 200 dma at 1409 and I have an uptrend at 1340 going back to 2007

Thanks STT, I show the p/e as approx 22 which is considerably higher. Chart wise there's no reason to enter currently, and not a lot of reason to look for one since it's not a technical selloff. I show 200 day sma currently at 1393. If the selloff is related to Mid-East developments a technical entry would require that to be resolved. I'm really just looking for an opportunistic entry, the Mid-east situation has a considerable way to run and this stock could have a ways to fall. From a fundi perspective one would be interested in how much of their revenue is derrived from that region and indeed whether that revenue stream is actually threatened. There will probably be quite a few opportunities come out of this, figuring out what's worth it is more suited to fundi analysis, which isn't my thing, who can work out what value is realistic to attach to these companies, the danger is always that a situation like this allows for the revaluing of companies that were well overvalued to a more reasonable level.

StevieJ

The FTSE has made an unexpected fightback into positive territory.

lvader

It's interesting that even though Japan government debt rating went from AA to AA- the Yen is still seen as a safe haven.

sabretoothtigger

Thats just the yankies coming back from holiday.
After hours its falling, now we see if they repeat the bounce idea and carry on up or not. There is some support for a continuation up here like I mentioned yesterday. It goes in line with previous falls/rises for 2010 etc

This guy waffles some on it here plus a picture - http://www.youtube.com/watch?v=MXQJlhJ61UU&feature=player_detailpage#t=328s

Bought a bit of PFC after all, it fell as expected and has recovered some also. Not likely to go straight up, but I read up on its balance sheets and tip discussion and I think they are solid enough to own some at this price
Round number bounce at £14 is slightly dubious but I think it has more to it then that


Definitely should have sold at 340 for barc, was at 312 today. I think they could continue up further after ex div dip even


SKR back to where I sold it in the summer almost. Again the small part I (re)owned I should have traded at 50p, obvious now from the chart I could have seen that with some focus
Like PFC its a touch of 200dma and back up some. Scaling in some more SKR and also with GKP. Beat up with Heritage.


All these are subject to riots occurring in Iraq and Algeria, they all got some/all business there. I think PFC least susceptible


Weakest link is the dollar not oil



Yen has positive trade balance and alot of private wealth. The currency goes up when people sell usa investments and bring cash home.
Thats the primary cause I think not speculation but a reverse of it

JamesU

sabretoothtigger wrote: »

SKR back to where I sold it in the summer almost. Again the small part I (re)owned I should have traded at 50p, obvious now from the chart I could have seen that with some focus
Like PFC its a touch of 200dma and back up some. Scaling in some more SKR and also with GKP.

Little experience with charts, this one prepared with EMAs for SKR to try and understand what has been discussed and have a few basic questions (looked through 3mth also, but 6mth to cover the questions).



(1) Is it correct that a good buy signal for SKR was beginning of Oct when EMA50 crossed EMA200 confirming upwards momentum against backgound M20 (and where M20 does not help at this stage)? And is the time when EMA15 crosses EMA200 just as significant as a buy signal?

Then upwards trend over time.......

(2) For the drops to around 42-43p around Jan 11-12 I cannot easily rationalise what can be inferred at this point in time as M20 still shows a reasonable uptrend? Any other indicators missed?

(3) Following peak at just above 50p, downtrend and lower prices, 50p going down to say 42.5p over a few days, but at this point in time, I cannot rationalise what is happening here either (and M20 no indication at baseline zero)? Any other indicators missed? Any other tools worth checking?

(4) Price drops to 40p crossing EMA50 which I assume is a key signal to a significant downtrend (but at this stage still no reasonable info from M20)? Any other tools worth checking?

(5) Further drops occur consistent with initial signal in (4), and reinforcing opinion of a significant downtrend?

(6) EMA15 crosses through EMA50 confirming downward momentum and this is now also confirmed by negative momentum in M20? End price also touches EMA200 which is a key signal (taken as the support level?).

(7) Price ends below EMA200 so this represents "breaking through the support level" so this represents a buy signal?

JamesU