[Philosopher-of-sorts]

(Original post by alex000)
onwards and upwards it seems ....

was waiting for ~44.1 to top up didn't quite reach it

Yeah, I bought back my sb at a slight loss since I waited to confirm to myself it was a 'solid' rise and not just another bear rally. Seems solid enough though.

After the first RNS I thought it will get over this, it's not big news, will still downtrend. But funding on very good terms until well into 2012 is a major derisking, I'd guess we could see a 'solid' rise to 55ish on the back of this. I guess we'll see.

[aeonflux]

Wow, shocked to get in and see a 14% rise in BAO today! Will be interesting to see which way it goes tomorrow.

[mayh3m]

(Original post by aeonflux)
Wow, shocked to get in and see a 14% rise in BAO today! Will be interesting to see which way it goes tomorrow.

After yesterday it looked like it was going to continue to fall until the news came in about the increase in its equity line facility. I mean a price range of 10p today. I'd like to see it continue to increase over the next week

[orca92]

Nice volumes on Xcite today; hopefully we won't get the reserves upgrades RNS till Monday, which should let us get past the resistance at 360p so we can jump off a higher support.

[alex000]

(Original post by orca92)
Nice volumes on Xcite today; hopefully we won't get the reserves upgrades RNS till Monday, which should let us get past the resistance at 360p so we can jump off a higher support.

symmetrical triangle resistance at 364 imo

or a bull flag, depends what way you look at it :P

[orca92]

(Original post by alex000)
symmetrical triangle resistance at 364 imo

or a bull flag, depends what way you look at it :P

Ok then, so if we take the chartists view (which i think is an important tool in shares) we should hope for an RNS once we pass the 364p point on the build up; then jump off new support there.

[alex000]

(Original post by orca92)
Ok then, so if we take the chartists view (which i think is an important tool in shares) we should hope for an RNS once we pass the 364p point on the build up; then jump off new support there.

This level changes daily, its about 2p less each day (364 today). It is pretty strong so we will most likely need an RNS to surpass it, but you never know.
Ill post a chart up later off to uni now.

all imo

[aeonflux]

Looking at blue chip shares, what do people think of VOD?

"0652 GMT [Dow Jones] JPMorgan Cazenove raises Vodafone (VOD.LN) price target to 225p from 200p, saying its US growth exposure is undervalued. Notes the disposal of the SFR stake is slightly dilutive and that it has rising interest costs. Still, "we would look through number changes believing broader re-rating has further to go," says the brokerage. The rating is overweight. The shares closed at 177p Thursday. (toby.anderson@dowjones.com) "

Healthy divi too

[romski]

(Original post by alex000)
symmetrical triangle resistance at 364 imo

or a bull flag, depends what way you look at it :P

be caereful about Using TA on AIM stocks,

i think excel will hover around 370 and then it will be driven by buy and sells as insiders get in or out

but we are expecting the report anytime probably next week wednesday or thursday

[sampardo]

Can someone please tell me how to buy stock from companies listed on the Nikkei 225? I use HSBC investdirect plus for UK and american stock but can't work out where i can buy Japanese..

[infernalcradle]

(Original post by aeonflux)
Looking at blue chip shares, what do people think of VOD?

"0652 GMT [Dow Jones] JPMorgan Cazenove raises Vodafone (VOD.LN) price target to 225p from 200p, saying its US growth exposure is undervalued. Notes the disposal of the SFR stake is slightly dilutive and that it has rising interest costs. Still, "we would look through number changes believing broader re-rating has further to go," says the brokerage. The rating is overweight. The shares closed at 177p Thursday. (toby.anderson@dowjones.com) "

Healthy divi too

depends on what you want to invest for....

if its for trading....don't bother...look at AIM shares...

if its for the divi...then go for it...but you'd need enough to get a healthy return on it

[Fynch101]

took half of profit from my long on gold this evening, didn't like the look of the candles on the S&P500, looks more like a hammer now but oh well can't complain. If the Euro keeps high over the next couple of days I might add again but its unlikely.

Got stopped out on SQZ, not going near that again but hopeful on MXP in the coming weeks/months. Wish I had more money to invest in PAF with, they could be 20p by october time, certainly won't be 11p much longer, especially if the gold price carries on the way its going.

GPX also looking healthier, don't expect anything bizarre from GKP anytime soon but still holding.

All this business with the US budget is making me feel a bit jittery to be honest!

[infernalcradle]

(Original post by Fynch101)
took half of profit from my long on gold this evening, didn't like the look of the candles on the S&P500, looks more like a hammer now but oh well can't complain. If the Euro keeps high over the next couple of days I might add again but its unlikely.

Got stopped out on SQZ, not going near that again but hopeful on MXP in the coming weeks/months. Wish I had more money to invest in PAF with, they could be 20p by october time, certainly won't be 11p much longer, especially if the gold price carries on the way its going.

GPX also looking healthier, don't expect anything bizarre from GKP anytime soon but still holding.

All this business with the US budget is making me feel a bit jittery to be honest!

GKP by its very nature is the craziest share in the history of the world....

it goes down on good news, goes up on no news.....

[Fynch101]

(Original post by infernalcradle)
GKP by its very nature is the craziest share in the history of the world....

it goes down on good news, goes up on no news.....

It makes sense though, hugely leveraged by private investors who just herd into the cool share.

Due to expectation, unless the news is that a significant contract has been signed with the government allowing them to export their oil, I would sell on any rise leading up to news.

Like even now it went up 20p yesterday, just because of that court hearing? What were people expecting to happen?

I'm holding until I get 300p+ on takeover. Bought in at 28.75p so it will be my first ever share purchase and first ever ten bagger haha

[infernalcradle]

(Original post by Fynch101)
It makes sense though, hugely leveraged by private investors who just herd into the cool share.

Due to expectation, unless the news is that a significant contract has been signed with the government allowing them to export their oil, I would sell on any rise leading up to news.

Like even now it went up 20p yesterday, just because of that court hearing? What were people expecting to happen?

I'm holding until I get 300p+ on takeover. Bought in at 28.75p so it will be my first ever share purchase and first ever ten bagger haha

hmmm....I reckon it'll be much much much higher than that on take over....

and sweet mother of mercy, you must have nerves steel having held GKP that long..

[Fynch101]

(Original post by infernalcradle)
hmmm....I reckon it'll be much much much higher than that on take over....

and sweet mother of mercy, you must have nerves steel having held GKP that long..

yeah you're probably right I took that figure from thin air to be honest

I wanted to sell around june 2010 but my dad told me not to haha.

Its wierd cos on all my other holdings its unlikely that i'll lose say more than £150 in a day, as in like NAV wise, but cos of how much ive got in GKP if it moves like 5p ive made or lost about £350 at the moment. So its been frustrating to lose £2000 upon waking up one morning to what you think is good news. If you hold them though, just consider it cash in the bank, long term. I'm a bit worried about this court case if I'm being honest, but they did say in December they were very confident about winning.

This thread is great btw guys, don't post that often but its nice to talk to other (relatively) young people about stocks, not many people at my uni do this sort of thing at all.

[infernalcradle]

(Original post by Fynch101)
yeah you're probably right I took that figure from thin air to be honest

I wanted to sell around june 2010 but my dad told me not to haha.

Its wierd cos on all my other holdings its unlikely that i'll lose say more than £150 in a day, as in like NAV wise, but cos of how much ive got in GKP if it moves like 5p ive made or lost about £350 at the moment. So its been frustrating to lose £2000 upon waking up one morning to what you think is good news. If you hold them though, just consider it cash in the bank, long term. I'm a bit worried about this court case if I'm being honest, but they did say in December they were very confident about winning.

This thread is great btw guys, don't post that often but its nice to talk to other (relatively) young people about stocks, not many people at my uni do this sort of thing at all.

I wouldn't worry about the court case.....especially if its held in london as it seems it will be

hmm....good to know I'm not the only one who is overexposed to GKP.....

any tips?

[Makaveli_The_Don]

GKP is some gully share. If you're a day trader, you can make a killing from it.

[crcr]

(Original post by aeonflux)
Looking at blue chip shares, what do people think of VOD?

"0652 GMT [Dow Jones] JPMorgan Cazenove raises Vodafone (VOD.LN) price target to 225p from 200p, saying its US growth exposure is undervalued. Notes the disposal of the SFR stake is slightly dilutive and that it has rising interest costs. Still, "we would look through number changes believing broader re-rating has further to go," says the brokerage. The rating is overweight. The shares closed at 177p Thursday. (toby.anderson@dowjones.com) "

Healthy divi too

ah finally something about investing...i have been thinking about looking at VOD for a while but haven't reli got around to it (the sector is quite complicated tbh). However, I did briefly look over the numbers and some for some other telcos (most them are high yield atm). to cut a long story short, VOD's ROIC isn't making its cost of capital i.e its business model no longer works...i haven't done enough research to find out why but compared to other high yielders like Deutsche Telekom it isn't worth it. If your going to invest in this sector i would look at Deutsche, NTT DoCoMo, America Movil or China Mobile (the last three are ADRs as well) before you do invest anywhere. just on numbers, China Mobile makes far more sense.

[Fynch101]

(Original post by infernalcradle)
I wouldn't worry about the court case.....especially if its held in london as it seems it will be

hmm....good to know I'm not the only one who is overexposed to GKP.....

any tips?

Tips? Depends if you're risk loving or risk averse?

Risk loving - MXP -oily in kazakhstan, goldman sachs target of 52p, same with fox-davies I believe, currently 17p, my average is around 18.5p

Risk averse - PAF Gold miner in southern africa, soon to have a platinum mine running by the end of this year. Very high profit margins - cost accounts for just below $400 an ounce of gold, i.e. currently has over $1000 per ounce of gold mined as profit. Targeting 100,000 ounces by the end of this year (I think).

Its so safe in my opinion, at least to go up to about 16p by year end, but could go up a lot more.

I bought it at 8.19p in september '09, right on a peak which was annoying. Maybe wait for a while, full year results should show after tax profit of over £20m, giving a P/E ratio of under 8 (I think). Also ZAR currency is looking good, i.e. not going to weaken all of a sudden.

Sorry if those figures are a bit off, all off the top of my head but was looking into them today. Going to do a December contract bet if they hit 10.5p again.

Good luck anyway, hope that gives some rough guidelines. any tips yourself?