UK Stockmarket 2009 and beyond

[Deleted User]

at trades are programmed trades ie done by computer ie they follow algorithms or formulas and therefore charting principles. They have no feelings so do not ever trade on sentiment. Its my guess that emed is attracting the smallish investor ie you can get 100,000 shares for approx 12k and it makes for easy profits on a small stock move

sabretoothtigger

it's only buys going thru still.

Avoid a one sided market because its not usually stable. Its a tiny company so that might explain why you dont have certain types of sale occuring, Im not sure if that'd be usual for aim

However we did already put this kind of move on the roadmap, the volume by price graph identified that the share had a lack of volume trade at this price which apparently means a rapid movement through that price range is more probable.
Its very impressive to see anyhow, bit of a rollercoaster ride, 16 is a possible end of the line

Pity I didnt put in an order to buy at 10 like I thought about :undecided Not that I really have any clue on the prospects for this company outside of its price


Its based on news apparently, a positive

Spain's Rio Tinto copper mine set to reopen[FONT=arial,helvetica]By James Regan
[SIZE=-1]KALGOORLIE, Australia (Reuters) - One of Spain's oldest copper mines will reopen early in 2010 after a 10-year hiatus and reach full production of 40,000 tonnes of contained metal by the end of next year, owner EMED Mining Public said on Tuesday.
EMED has begun talks to supply 200,000 tonnes of concentrate to the nearby Huelva copper smelter owned by Freeport McMoran and smelters in Germany and Bulgaria to support historical output levels at its Rio Tinto mine in Andalucia, Managing Director Harry Anagnostaras-Adams told Reuters at the Diggers and Dealers mine conference.
Copper prices have recovered sufficiently from the $1 per pound level of the late 1990s to restart the mine, he said.
"We see today's copper price of around $2.60 a pound as very encouraging for producers such as ourselves," Adams said, adding that the mine's cash production costs were running around $1.50 a pound after credits for silver in the mine's ore.
"At between say $2.00 and $2.50 per pound, the market is capable of maintaining industry equilibrium over the long term and create a healthy outlook" he said.
But he warned that if the price dropped below $2 a pound, that will eat into the preparedness of the supply side to rebalance and cause supply issues.
EMED, a Cyprus-based minerals group acquired the mine outright after buying Swedish trading firm MRI Group's 49 percent stake in the mine, which was founded by the British in 1873 and which gave Anglo-Australian mining giant Rio Tinto its name.
MRI has been retained to market concentrate from the mine to smelting firms, Adams said.
He said the mine in total holds enough ore to yield 585,000 tonnes of copper.
The Rio Tinto mine is the most significant mineral deposit in Andalucia, where two other mines have started in the past six months, and its potential restart would be a major event in the region, where unemployment is rampant.
The mine will employ 360 workers at full throttle, Adams said.
Regulatory approval from Spain's regional government is required before the mine can reactivated, a process that was well under way, according to Adams.
The Rio Tinto mine ran into problems several years ago when it was owned by a private syndicate of local people and was a workers' co-operative.
EMED became involved in 2007 and after a lengthy legal process it established a new ownership structure and submitted its plans for the mine.
[/SIZE][/FONT]

Citigroup accounts for a fifth of all shares traded in the USA this Friday

JonnyBravo

kittie wrote: »

at trades are programmed trades ie done by computer ie they follow algorithms or formulas and therefore charting principles. They have no feelings so do not ever trade on sentiment. Its my guess that emed is attracting the smallish investor ie you can get 100,000 shares for approx 12k and it makes for easy profits on a small stock move

I'm just baffled that whilst I've been watching EMED (thats quite a few weeks now) I haven't seen any.... ie quite literally not even ONE AT trade.

JonnyBravo

sabretoothtigger wrote: »

Avoid a one sided market because its not usually stable. Its a tiny company so that might explain why you dont have certain types of sale occuring, Im not sure if that'd be usual for aim

However we did already put this kind of move on the roadmap, the volume by price graph identified that the share had a lack of volume trade at this price which apparently means a rapid movement through that price range is more probable.
Its very impressive to see anyhow, bit of a rollercoaster ride, 16 is a possible end of the line

Hmmmm.... I'm not entirely convinced by those volume by price graphs. They are partly a function of how long the price has been at any particular point. So you have to just sense check it against how long the share has been at any particular price range. Interesting..... but just another mild signal for me really.
None of it is equal to knowledge of a companies prospects and the big decisions/announcements/targets they have approaching etc.

sabretoothtigger wrote: »

Pity I didnt put in an order to buy at 10 like I thought about :undecided Not that I really have any clue on the prospects for this company outside of its price

Aint it always the way.

sabretoothtigger wrote: »

Its based on news apparently, a positive

Yeah that comes from him obviously being asked for a few quotes whilst at the Diggers and Dealers Mining conference in Aus this week. (EMED didn't present on anything according to the agenda)
Nothing particularly new, (I'd not heard about the smelters til I read that a couple of days ago) but good to hear him still talking in positive terms and "all systems go" type approach

[Deleted User]

it is pretty easy to spread rumours jonny. It could be a pump and dump scenario in progress, who knows

it isn`t easy to sell a largish volume of shares in a stock like this. The nms is only 5000 and my sell order for 113,000 was in for hours before enough people wanted to buy. That is one of the reasons I came out. I once had a share that was up 40% then next day opened at minus % so I like to wrap up bits of profits especially re tiddlers

nevertheless you could well make your fortune on this share

JonnyBravo

kittie wrote: »

it is pretty easy to spread rumours jonny. It could be a pump and dump scenario in progress, who knows

it isn`t easy to sell a largish volume of shares in a stock like this. The nms is only 5000 and my sell order for 113,000 was in for hours before enough people wanted to buy. That is one of the reasons I came out. I once had a share that was up 40% then next day opened at minus % so I like to wrap up bits of profits especially re tiddlers

Yes, I'm sure exiting is going to be the tricky bit as I have many more than 113000. Didn't realise the NMS was only 5000. (Mind... av volume has been well over 3m/day shares this week.... one day was 5m) I bought in 4 tranches in all and saw huge variance in how long it took to fill those orders. The orders for the last two were far more difficult to secure.... that was back on Monday and Tuesday. I'm sitting at an av price of just under 9p though and have a big cushion at the moment I guess.

kittie wrote: »

nevertheless you could well make your fortune on this share

Well it would be nice and I'd be lying if I said I hadn't thought about it. :j
A few of the outlying figures bandied around would see me to a very healthy outcome. I know this is not a gain til I sell though and am constantly weighing up my options.
Keeping feet on the floor and eyes and ears open!

:j

sabretoothtigger

The price by volume thing is just a tool, one of many hopefully but it does seem to have also shown the ptec bounce up from 280. Could just be a self fulfilling prophesy as always and so only short term but in that case it would still give a reasonable entry or exit point

USA at 16.1%; Germany at 12.5%; France at 9.4%; The Netherlands at 6.6%; China 5.9%; Belgium and Luxembourg at 5.9%; Italy at 4.7%; Japan at 4.3% and Switzerland at 2.9%.

UK balance of trade bias. Watching the dax aint so silly I guess




breakout to the upside?



http://www.decisionpoint.com/ChartSpotliteFiles/090807_itbm.html

it is more likely that we are at the beginning of a bull market rather than at the end of one.

it is probably nothing more complicated than prices reacting to the huge amount of liquidity that has been (and will be) dumped into the economy.

Quite an indepth site for corporate results here, it includes video and slide/conference calls for the various ftse100 companies:

www.cantos.com

Shell for example has a 80 minutes conference call with 30 slides. All of it is the companys own view apart from the Q&A from institutional investors and analysts. Like at 44 minutes in they are asked about their debt ratio and put on the spot a bit, 28bn of debt is a fair bit even for the biggest uk company








REX

uk_steve wrote: »

i could be tempted into this if this hits a little lower then todays price

uk_steve wrote: »

Personly think rex has 25% rise in the next 12mths (so its a better return then savings in a bank) that is based on £2.25 per share

i actually have a limit order @ £2.20 (i hope i dont regret not taking the price of £2.25 if this share moves up quickly soon)

The price fell to 223 on friday, I think calling 220 exactly is a little too precise and friday might have been the right time to buy.
220 is a long term high volume price going back to 1993 and the worth of 2.20 has changed alot over that period of time

The rights price is set at 150p, rights expire August 18th

Consumer related, western based, not especially attractive but the price of steel has fallen I guess

I was wrong here really
Consumer based but food related, its hardly a discretionary business.
Energy costs falling helps them but material costs are factored into the contract price they pass on so this is not a benefit or hazard to them apparently.
Lastly, they arent overly western based but international apparently which adds alot of stability to their future earnings I figure

ftse100_in_1984 wrote:

Bowater (NYSE: BOW - news)Now called Rexam (LSE: REX.L - news) (LSE: REX)

[QUOTE=Ftse100_on__07-12-2007;7107975]

FTSE by descending market cap

HSBC Holdings PLC
BP PLC
Vodafone Group PLC
*GlaxoSmithKline PLC
Royal Bank of Scotland Group (The) PLC
*Royal Dutch Shell PLC
Barclays PLC
*Anglo American PLC
HBOS PLC
AstraZeneca PLC
Rio Tinto PLC
*Tesco PLC
*British American Tobacco PLC
*Lloyds TSB Group PLC
BHP Billiton PLC
Diageo PLC
Xstrata PLC
*BT Group PLC
BG Group PLC
Standard Chartered PLC
National Grid PLC
*Aviva PLC
*Unilever PLC
Reckitt Benckiser PLC
Prudential PLC
SABMiller PLC
Imperial Tobacco Group PLC
BAE SYSTEMS PLC
Cadbury Schweppes PLC
Centrica PLC
Scottish & Southern Energy PLC
Marks & Spencer Group PLC
British Sky Broadcasting Group PLC
Alliance Boots
Man Group PLC
Legal & General Group PLC
Sainsbury (J) PLC
Old Mutual PLC
Rolls-Royce Group PLC
WPP Group PLC
Reed Elsevier PLC
*Land Securities Group PLC
Wolseley PLC
Reuters Group PLC
Morrison (Wm) Supermarkets PLC
Hanson PLC
Associated British Foods PLC
Compass Group PLC
British Land Co PLC
Standard Life
*Pearson PLC
United Utilities PLC
International Power PLC
Shire PLC
Smiths Group PLC
Experian Group
Imperial Chemical Industries PLC
Lonmin PLC
Kazakhmys PLC
*Scottish & Newcastle PLC
Smith & Nephew PLC
Kingfisher PLC
British Energy Group PLC
Antofagasta PLC
Carnival PLC
Invesco
British Airways PLC
Alliance & Leicester PLC
Royal & Sun Alliance Insurance Group PLC
Cable and Wireless PLC
Next PLC
ITV PLC
Capita Group (The) PLC
Northern Rock PLC
Hammerson PLC
Resolution PLC
Vedanta Resources PLC
Liberty International PLC
Home Retail Group
Friends Provident PLC
InterContinental Hotels Group PLC
*Persimmon PLC
Yell Group PLC
Enterprise Inns PLC
Barratt Developments PLC
Severn Trent PLC
Whitbread PLC
Johnson Matthey PLC
Kelda Group PLC
Mitchells & Butlers PLC
Punch Taverns PLC
ICAP PLC
Sage Group (The) PLC
Segro
*Rentokil Initial PLC
*DSG International PLC
[B][COLOR=Blue]REXAM PLC[/COLOR][/B]
Carphone Warehouse Group (The) PLC
Schroders PLC
Daily Mail and General Trust PLC
Invensys PLC
*Tate & Lyle PLC
FirstGroup PLC
Burberry Group PLC
Tullow Oil PLC
London Stock Exchange PLC[/QUOTE]

tradetime

That chart pattern is known as a rising wedge, and generally has bearish implications, however under current market conditions I suspect it may resolve to the upside, if it should produce the long awaitied correction, I'd expect it to be short lived and present a buying opportunity.
I'm inclined to side with those that believe the current market movement is nothing more than a liquidity fueled bubble in the making, like we need another bubble right now :rolleyes: Not withstanding the fact that the US and UK governments in particular are feverishly beavering away at producing a debt bubble, which I have every faith in their ability to achieve.

Of course I could be wrong, not on the debt bubble, that is now beyond doubt, but we could be at the beginning of some sort of meaningful recovery, only time will be the arbiter of that

tradetime

Friday saw much better than expected unemployment data in the US, though bears were quick to point out that the drop in continuing claims was due to unemployed workers dropping out of the system, the market didn't care what it was due to, it was all systems go, my target of 1014 was finally hit with a 1018 intraday high on the S&P cash. If we can hold the 1010 level on Monday, that should become our new near term support, 1048 - 1050 is now the next upside target for me.
The Nasdaq 100 is currently right up against the 50% retrace of the entire move down, that bears watching, it has been in this area for 7 days now. The Nasdaq, which has emerged as the leader of the indices, has been showing relative weakness over the last few days, and was the primary drag on Friday causing the afternoon pullback.

The main focus of the week is likely to be the FOMC meeting which culminates with the statement on Wednesday @ 14:15 US (19:15 UK) Also on Thursday pre-market (13:30 UK) the US Retail Sales figure will be closely watched.

sabretoothtigger

upsidetrader August 9, 11:08 pm#
will be all about the dollar this week so stay tuned ( $$uup)

So Im told, but I figure anyway the currency trade is much bigger then stocks and should lead them not vice versa.


Nice to see Rexam meet a point of inflection at 220 like I hoped it might do. Seems like it'll drift till Aug 18th and investors will have to keep buying some of the 150p shares placed onto the market in order that the share price stays above this tide mark

Emed didnt shoot off to 16 like it was hoped and I take that as a sell signal because we know it would not take much demand to move higher so presumably there is even less then normal at this price


Banks and miners have come back from some extreme moves up. Kaz has moved up 40% recently, the pullback is from commodity prices, shanghai speculation and back to the dollar moves again since everything is priced in that
I'm thinking they'll be another chance to buy cheaply into these at some point, it just doesnt seem that way now




SPY no longer closely matches Sp500 ~ ^GSPC for some reason.
First time Ive seen a big gap in the two numbers



Hyder jumped up 11% today, I dont know why exactly, volume wasnt high & the spread shortened but anyhow water business is a good fundamental play on international development.
Im interested in any other companies people might know with this unavoidable potential