Master RSI
- 08 Jan 2008 21:20
JOKE OF THE DAY
Specially for the STALKER - "Dill", now a LIAR also
"Dill" ran to his mummy who was working in the kitchen.
"Mummy Mummy the boy next door has a willy like a peanut"
"Do you mean it's small "son"
"No Mummy I mean it's salty"
XXX rated JOKES, only for over 18 year old
BLONDES
How does a blonde turn on the lights after sex?
She opens the car door!
How do blonde braincells die?
Alone.
What do you call a blonde with 2 brain cells?
Pregnant.
How do you brainwash a blonde?
Give her a douche and shake her upside down.
What do you call it when a blonde dies their hair brunette?
Artificial intelligence.
Why aren't blondes good cattle herders?
Because they can't even keep two calves together!
What did the blonde's right leg say to the left leg?
Nothing. They've never met.
Why do blondes wash their hair in the sink?
Because, that's where you're supposed to wash vegetables!
What do you get when you turn a blonde upside down?
A brunette with bad breath!
Why didn't the blonde want a window seat on the plane?
1: She'd just dyed her hair.
2: She just blow dried her hair and she didn't want it blown around too much.
Why do blondes wear their hair up?
To catch everything that goes over their heads.
Why is it good to have a blonde passenger?
You can park in the handicap zone.
What was the blonde psychic's greatest achievement?
An IN-body experience!
Why is a blonde like a turtle?
They both get screwed when they're on their back.
What's a blonde's favorite nursery rhyme?
Humpme Dumpme.
How do you make a blonde's eyes light up?
Shine a flashlight in their ear.
Why should blondes not be given coffee breaks?
It takes too long to retrain them.
----------
An Accountant Is Having A Hard Time Sleeping
An accountant is having a hard time sleeping and goes to see his doctor.
"Doctor, I just can't get to sleep at night."
"Have you tried counting sheep?"
"That's the problem - I make a mistake and then spend three hours trying to find it."
---------------------
Accountants Short Jokes
When does a person decide to become an accountant?
When he realizes he doesn't have the charisma to succeed as an undertaker.
What is the definition of an accountant?
Someone who solves a problem you did not know you had in a way you don't understand.
What is the definition of a good tax accountant?
Someone who has a loophole named after him.
Why the accountant started smoking?
So he can deduct cigarettes from his income tax. Called it loss by fire.
So his medical expenses went above the 71/2% threshold.
What do accountants suffer from that ordinary people don't?
Depreciation.
What's an extroverted accountant?
One who looks at your shoes while he is talking to you instead of his own.
What did the accountant say when he looked at the tax form?
The man who set the standard deduction must have been a bachelor.
I am lying when I am listing myself as a head of household.
How does an accountant stay out of debt?
He learns to act his wage.
-----------------
A little boy walks into his parents' room to see his mom on top of his dad
bouncing up and down. The mom sees her son and quickly dismounts,
worried about what her son has seen. She dresses quickly and goes to find him.
The son sees his mom and asks, "What were you and Dad doing?"
The mother replies "Well you know your dad has a big tummy and
sometimes I have to get on top of it to help flatten it."
"You're wasting your time," said the boy.
"Why is that?" asked his mom, puzzled.
"Well when you go shopping the lady next door comes over and
gets on her knees and blows it right back up."
--------------
WOMEN'S ENGLISH:
1. Yes = No
2. No = Yes
3. Maybe = No
4. We need = I want..
5. I am sorry = you'll be sorry
6. We need to talk = You're in trouble
7. Sure, go ahead = You better not
8. Do what you want = You will pay for this later
9. I am not upset = Of course I am upset, you moron!
10.You're certainly attentive tonight = Is sex all you ever think about?
MEN'S ENGLISH:
1. I am hungry = I am hungry
2. I am sleepy = I am sleepy
3. I am tired = I am tired
4. Nice dress = Nice cleavage!
5. I love you = Let's have sex now
6. I am bored = Do you want to have sex?
7. May I have this dance? = I'd like to have sex with you
8. Can I call you sometime? = I'd like to have sex with you
9. Do you want to go to a movie? = I'd like to have sex with you
10. Can I take you out to dinner? = I'd like to have sex with you
213
A man was having problems with premature ejaculation so he decided to go to the doctor. He asked the doctor what he could do to cure his problem.
In response, the doctor said, "When you feel like you are getting ready to ejaculate, try startling yourself."
That same day the man went to the store and bought himself a starter pistol. All excited to try this suggestion, he ran home to his wife. At home, he found his wife was in bed, naked and waiting. As the two began, they found themselves in the 69 position. The man, moments later, felt the sudden urge to ejaculate and fired the starter pistol.
The next day, the man went back to the doctor.
The doctor asked, "How did it go?" The man answered, "Not that well... when I fired the pistol, my wife pooped on my face, bit me really hard where it counts most and my neighbor came out of the closet with his hands in the air
-----------------------
A nun is sitting with her Mother Superior, chatting.
> "I used some horrible language this week and feel
> absolutely terrible about it, said the
> nun."
> "When did you use this awful language?" asks the
> Mother Superior.
> "Well, I was golfing and hit an incredible drive that
> looked like it was going to go over 280 yards, but it
> struck a phone line that's hanging over the fairway
> and fell straight down to the ground after going only
> about 100 yards."
> "Is that when you swore?'
> "No, Mother," says the nun. "After that a squirrel ran
> out of the bushes and grabbed my ball in its mouth and
> began to run away."
> "Is THAT when you swore?" asks the Mother Superior
> again.
> "Well, no." says the nun. "You see, as the squirrel
> was running, an eagle came down out of the sky,
> grabbed the squirrel in his talons and began to fly
> away!"
> "Is THAT when you swore?" asks the amazed elder nun.
> "No, not yet. As the eagle carried the squirrel away
> in its claws, it flew near the green and the squirrel
> dropped my ball."
> "Did you swear THEN?" asked Mother Superior, becoming
> impatient.
> "No, because the ball fell on a big rock, bounced over
> the sand trap, rolled onto the green, and stopped
> about a two feet from the hole."
> The two nuns were silent for a moment.
>
> Then Mother Superior sighed and asked, "You missed the
> fuckin' putt, didn't you?"
-------------
A man asked his wife, "What would you most like for your birthday?" She said, "I'd love to be ten again." On the morning of her birthday, he got her up bright and early and they went to a theme park. He put her on every ride in the park - the Death Slide, The Screaming Loop, the Wall of Fear. She had a go on every ride there was. She staggered out of the theme park five hours later, her head reeling and her stomach turning. Then the were off to a movie theater where they ate popcorn and sweets and drank Cola. At last she staggered home with her husband and collapsed into bed.
Her husband leaned over and asked, "Well, dear, what was it like being ten again?" One eye opened and she groaned, "Actually, honey, I meant dress size!"
---------------
Polly dont want crackers
The madam of a brothel has a problem, so she goes to a local priest. "I have two talking female parrots," she tells him. "All they can say is Hi, were prostitutes. Do you want to have some fun?"
"Thats awful," the priest agrees, "but I have a solution to your problem. I have two male parrots whom Ive taught to pray and read the Bible. If we put your parrots with mine, I believe yours will stop saying that awful phrase and will instead learn to recite the word of God."
The next day, the madame brings her parrots to the priests house and puts them in with the male parrots, who are holding rosary beads and praying in their cage.
"Hi, were prostitutes." say the females. "Do you want to have some fun?"
One male parrot looks at the other and squawks, "Close the Bible, Frank! Our prayers are answered!"
--------------
HOW TO STOP PEOPLE FROM BUGGING YOU ABOUT GETTING MARRIED
Old aunts used to come up to me at weddings, poking
me in the ribs and cackling, telling me, "You're next."
They stopped after I started doing the same thing
to them at funerals.
----------------
A man with a lot of money lazed about all day.
A man with little money asked if he could do the same.
The first man said certainly.
The poor man lazed around but because of this went bankrupt and starved.
Moral of the Story: To be sitting doing nothing, you must be sitting very, very high up.
------------
See there was this fish, and this fish was watching a fly, the fish wanted the fly to drop six inches so he could jump and eat it.
There was a bear on the shore, he wanted the fly to drop six inches so the fish would jump and the bear could swipe the fish for lunch.
There was a hunter in the woods, he wanted the fly to drop six inches so the fish would jump, the bear would swipe and the fish and come out into plain view.
There was a mouse eyeing the hunters sandwhich, he wanted the fly to drop six inches so the fish would jump, the bear would move into plain view, the hunter would shoot the bear then the hunter would go get the bear and the mouse could get the sandwhich.
There was a cat waiting for the fly to drop six inches so the fish would jump, the bear would move into plain view, the hunter would shoot the bear and for the mouse to go for the sandwhich.
So the fly drops six inches, the fish jumps in the air, the bear catches the fish, the hunter shoots the bear and the mouse swipes the sandwhich. The blast from the hunters gun startled the cat, which jumped into the river.
The moral of the story is...... When the fly drops six inches the pussy gets wet.
------------
A turkey was chatting with a bull. "I would love to be able to get to the top of that tree," sighed the turkey, "but I haven't got the energy."
"Well, why don't you nibble on some of my droppings?" replied the bull. They're packed with nutrients."
The turkey pecked at a lump of dung, and found it actually gave him enough strength to reach the lowest branch of the tree. The next day, after
eating some more dung, he reached the second branch.
Finally after a fourth night, the turkey was proudly perched at the top of the tree. He was promptly spotted by a farmer, who shot him out of the tree.
Moral of the story: Bulls*** might get you to the top, but it won't keep you there.
-----------
MANHOOD
To all young Black men; to all fathers, mothers and sistahs locked
with young brothers who wear their pants on or below their butts;
here is a truth Afromerica thinks you should know about the sag
style. Prison inmate intimacy is the root.
From the mouth of a brother recently release from one of the
northeast most hardcore prisons comes this truth. No longer
concerned about his own dignity but more concerned about the dignity
and reputation of young Black men everywhere, this brother reveals
the secrets of prison intimacy among young men.
He tells us that when a new inmate has resorted to wearing the pants
of his blues around the middle of his butt, it is a prison message
for his manhood is ready for breaking, and when he wears it down
below his butt, he already belongs to someone inside.
The myth that this trend came from having belts confiscated from
inmates, which caused their pants to sag is not accurate, but have
only help further glamorize the image of prison apparel among today
's urban and suburban youth.
They believe it a "hard " image to portray among other youth in
the hood, never even having been behind bars. However, once the
truth gets out about the meaning of the sag, more youth should
reconsider how they wear their pants or the wrong message about
them will be taken.
Please pass this message along to someone you may know who has a
young son that wears their gear like so. Tell them they must
reconsider the trend and make an effort to change.
Their manhood is at stake
tabasco
Threads are for talking about the company, not for stalkers follow posters around
Try not to be a fool like "Dill" is my messsage.
Only trying to kidnap the thread, ( this thread was not use for some time )( he/she) had no interest on the company, never posted here before, only today for the STALKER case.
I sold last Year when the TREND change, as the STOCK market around the WORLD did much the same. I have rules and stop loss to follow if I want to conserve my money for better times like now.
Master RSI
- 08 Jan 2008 21:22
- 2 of 75
Master RSI
- 09 Jan 2008 10:15
- 3 of 75
Glad to see a follow through this morning on the share price performance, and the BREAKOUT is stablished as a new trend for the UPTREND.
the trend on a 2 days chart
Master RSI
- 09 Jan 2008 10:20
- 4 of 75
From The Times
Markets small cap
January 9, 2008 -
Jessops jumped 1.3p to 8.4p after unveiling better Christmas sales than had been feared. Panmure Gordons Christian Koefoed-Nielsen set a 30p price target, saying that the shares were a highly geared bet on the company not going into administration.
Master RSI
- 09 Jan 2008 11:10
- 5 of 75
Different newspaper report after yesterday's Christmas update
THE TELEGRAPH
Jessops
The struggling photographic retailer said that like-for-like sales over Christmas were slightly higher than the year before.
While the company's total sales were 20.6pc lower during the crucial Christmas sales period - primarily due to the scheduled closure of 81 stores - like-for-like sales for the seven-week period to Sunday January 6 were 0.3pc ahead of the same period last year.
Despite a turbulent year involving a string of profit warnings, Jessops, which has been selling cameras since 1935, has been attempting to reinforce its position as the UK's leading digital camera specialist.
David Adams, executive chairman, said: "We were prepared for a tough Christmas trading environment and managed the business accordingly. Much work remains to be done to return the business to sustainable profitability and this performance over the key Christmas period is an encouraging step."
However, like-for-like sales for the 14 weeks from the start of the financial year on October 1, were down 4.7pc, with total sales down 24.4pc. Jessops shares closed up 1.3p at 8.4p.
THE INDEPENDENT
Jessops stems Christmas sales decline with better stock control
By Karen Attwood
The struggling photographic equipment retailer Jessops managed to stem the sales decline over the key Christmas period with better stock control and strong sales of digital single lens reflex cameras (DSLR).
The chain, which issued a series of profit warnings last year, reported a 0.3 per cent rise in like-for-like sales over the seven weeks to 6 January, compared with a fall of 7 per cent the previous year.
Jessops closed a quarter of its stores last year as it battled for survival amid fierce competition from online retailers which led to a stockpile of unsold cameras.
Better stock control this Christmas meant the group halved the value of products in its stores.
The executive chairman, David Adams, said: "We were prepared for a tough Christmas trading environment and managed the business accordingly."
However, the improved performance was not enough to offset earlier poor trading in the quarter, and like-for-like sales were down 4.7 per cent in the 14 weeks to 6 January. Total sales plunged almost 25 per cent.
Mr Adams, who was brought in last spring to help turn around the fortunes of the group, added: "Much work remains to be done to return the business to sustainable profitability and this performance over the key Christmas period is an encouraging step."
Jessops has yet to appoint a replacement for the chief executive Chris Langley, who left in September.
THE SCOTSMAN
"Jessops shows signs of a developing recovery", is the view from over the border:
" JESSOPS, the photographic chain which is battling online sales and supermarket competition, brought some welcome relief to the high street yesterday after sales turned positive over the festive period.
Investors snapped up shares in the embattled retailer after it reported a like-for-like gain of 0.3 per cent in the seven weeks to 6 January.
The figure, which strips out the recent closure of 81 stores, helped peg the sales decline for the first 14 weeks of the new financial year at 4.7 per cent.
A tighter control of costs saw the group sitting with stock worth £34 million as of last Sunday – almost half the level reported a year earlier when they peaked at £62m.
The recovery in trading and reduction in stock levels follow a dreadful 2007, when the company issued a string of profit warnings and was left nursing annual losses of almost £70m.
Last summer, Jessops unveiled plans to close 81 stores – about a quarter of its UK portfolio – including eight in Scotland, in a bid to slash costs amid tumbling hardware prices and competition from supermarkets and internet stores.
The move has resulted in the loss of more than 500 jobs.
Jessops is expected to slash its pre-tax losses to about £2m in the current financial year. Shares yesterday recovered 1.3p to stand at 8.4p."
Clocktower
- 09 Jan 2008 11:43
- 6 of 75
Ok I`ll join you here as well as you seem to be alone.
Clocktower
- 10 Jan 2008 14:52
- 7 of 75
Nice rise again today.
Master RSI
- 24 Jan 2008 09:22
- 10 of 75
Moving higher this morning, as the reversal predicted on the chart yesterday is taking place.
Most trades are done at "Plus Market " not LSE
price now 7.42 / 7.70p +0.28p ( YESTERDAY 7.10 / 7.50p )
Link ... Plus Market
Master RSI
- 28 Jan 2008 13:58
- 11 of 75
WELL WELL the "AT" eventualy have done their job and taken a few offer prices away ( 7.56p 7.60p and 7.64p to the 7.65p now and the sizes were large the last ones )
Master RSI
- 28 Jan 2008 20:34
- 12 of 75
Slowly moving higher
Candlestick for today a WHITE MARUBOZU
Type: Reversal/Continuation
Relevance: Bullish
hangon
- 29 Jan 2008 15:23
- 13 of 75
It's not surprising like-for-like sales were up (over Christmas), since some of the stores "competed" with each-other. However, the fact is that sales are down, in part due to selling-off older and lower-spec cameras which was "written-off" in the accounts conveniently. This and closure costs means there is no dividend....
The situation is slightly worse I fear, as those discounted cameras are dropping expectations and new models tend to lower prices as manufacturers are attempting to draw buyers to their systems. Meanwhile we are being told things are getting better and - blah, blah, - don't you know.
Anyone for the Febuary AGM?
- In London - persumably so the City can watch them, but it's at 9.30 AM. so I doubt many shareholders will turn up. Such a pity companies are allowed to set the time and place of meetings - bad show IMHO.
Master RSI
- 30 Jan 2008 17:52
- 14 of 75

Today's candlestick = WHITE CLOSING MARUBOZU
Bullish
Reversal / Continuation
It is one of the strongest candles
Like all large candles tell us that the buyers were strongly committed throughout the day.
The White Closing Marubozu is a single candlestick pattern and is made up of a long white body with a shadow on the open and no shadow on the closing end of the body, hence the name "Closing Marubozu". This is an extremely strong bullish candlestick pattern. When a White Closing Marubozu day pattern occurs, the day opens and trades lower then rallies past the open and continues to trade up all day closing at the high of the day. The bulls are in full force, and this rally would cause the bears some concern to a degree that they may start covering their short positions, which just strengthens the rally
cynic
- 30 Jan 2008 17:58
- 15 of 75
a buyer of JSP should be committed!
even today's tick upwards was on pathetic volumes and did not even cover the spread
Master RSI
- 30 Jan 2008 23:12
- 16 of 75
I think someone is being "cynic"
Because the volume is mosly done at "Plus Market " today 189K
Do not throw stones if you live in glass houses - they say
Plus trades
Trade Date Trade Time Price Volume Type Consideration
30/01/2008 16:21:17 7.87 20,207 O 1,590.70
30/01/2008 16:14:28 7.94 17,755 O 1,408.86
30/01/2008 16:14:18 7.94 10,000 O 793.50
30/01/2008 16:02:53 7.94 6,747 O 535.37
30/01/2008 15:50:46 7.94 5,000 O 396.75
30/01/2008 15:29:00 7.94 12,602 O 999.97
30/01/2008 15:15:13 7.90 50,000 O 3,950.00
30/01/2008 13:27:32 7.62 50,011 O 3,810.84
30/01/2008 11:14:49 7.70 7,590 O 584.05
30/01/2008 10:37:58 7.45 2,000 O 149.06
Master RSI
- 31 Jan 2008 10:00
- 17 of 75
A positive start of the day as an early AT has taken out the offer 8.20p but next one is pretty close 8.21p lower at 8.16am.
Nevertheless the bid has move higher to 7.80p with 50K and now 7.85p
The higher price, looks good on the chart as it has created a GAP
Master RSI
- 31 Jan 2008 10:29
- 18 of 75
GAP UP - Glosary
Gap - Up:
An up gap forms when a security opens above the previous period's high, remains above the previous high for the entire period and closes above it. Up gaps can form on daily, weekly or monthly charts and are generally considered bullish.
Gap Trading Strategies
Gap trading is a simple and disciplined approach to buying and shorting stocks. Essentially one finds stocks that have a price gap from the previous close and watches the first hour of trading to identify the trading range. Rising above that range signals a buy, and falling below it signals a short.
What is a Gap?
A gap is a change in price levels between the close and open of two consecutive days. Although most technical analysis manuals define the four types of gap patterns as Common, Breakaway, Continuation and Exhaustion, those labels are applied after the chart pattern is established. That is, the difference between any one type of gap from another is only distinguishable after the stock continues up or down in some fashion. Although those classifications are useful for a longer-term understanding of how a particular stock or sector reacts, they offer little guidance for trading.
For trading purposes, we define four basic types of gaps as follows:
A Full Gap Up occurs when the opening price is greater than yesterday's high price.
Master RSI
- 31 Jan 2008 10:33
- 19 of 75
GAP UP occured on the last two month
Master RSI
- 31 Jan 2008 11:54
- 20 of 75
Online prices are
premium for selling 7.95p ( offer 7.88p ) on large size 300K
full price for buying 8.28p in size 100K
Conclution: the same as the last few days, Market Makers are short of stock and paying premium for selling on large size
hangon
- 31 Jan 2008 14:15
- 21 of 75
The JSP Annual Report is out and makes mixed reading, so any changes in sentiment should be here ( =Right Now) - and I don't see much buying.
Anyone going to the AGM? - later in February at 9.30 in London.
I'm not convinced these Execs are really interested in the long-term future and have little to offer in the short-term. If Markets don't turn ( which I doubt!), then JSP will struggle along under 10p - it's another Woolworths . . . ah, there's an idea!
Master RSI
- 31 Jan 2008 16:13
- 22 of 75
"hangon " into your thoughts, but you have been proved wrong "WLW" inclusive
Master RSI
- 31 Jan 2008 16:17
- 23 of 75
Master RSI
- 31 Jan 2008 17:09
- 24 of 75
A HAMMER is the candlestick for the day
Bullish
Reversal

The Hammer --
This hammer marks a reversal off a bottom or off an important support level. On the day of the hammer, prices decline. They hit bottom and then rebound sharply, making up all the ground -- and sometimes more -- that they lost when the selloff started. The candle shows that buyers have now seized control. A bullish candlestick on the following day confirms this analysis.
Master RSI
- 04 Feb 2008 11:12
- 25 of 75
The Slow Stochastick has reached TOP once again on the Cycle ( short) and prices are going and pointing on the way down.
cynic
- 04 Feb 2008 11:29
- 26 of 75
butterflies being hit by hammers or eaten by dragonflies or trapped inside upsidedown teacups ...... at the end of the day, Jessops is a total load of rubbish and must assuredly be heading for the knaker's yard to join the likes of SEO and sundry others
BAYLIS
- 04 Feb 2008 12:30
- 27 of 75
hey easy.
cynic
- 04 Feb 2008 12:32
- 28 of 75
thought it might be time for some sport as it is a quiet old monday!
Master RSI
- 13 Mar 2008 11:20
- 29 of 75
Selected today the shares on the "UPS" thread .......
"UPS" (Added by Master RSI on Thu 13 Mar 11:12 am)
JSP - Mid 7.05p
Reason - Ready for the move up as the L2 is strong and buyers appeared today, after reaching lows yesterday. Indicators at oversold.
Master RSI
- 13 Mar 2008 12:14
- 30 of 75
All buys so far today at "plus market" and also to noticed
a large " block trade" NB 139K BUY
Trade Date | Trade Time | Price | Volume | Type | Consideration |
13/03/2008 | 11:51:50 | 7.14 | 45,000 | O | 3,213.00 | |
13/03/2008 | 11:37:35 | 7.10 | 10,000 | O | 709.90 | |
13/03/2008 | 11:19:50 | 7.10 | 10,000 | O | 709.90 | |
13/03/2008 | 11:10:27 | 7.07 | 25,000 | O | 1,767.50 | |
13/03/2008 | 10:22:32 | 7.07 | 1,619 | O | 114.46 | |
13/03/2008 | 10:09:56 | 7.07 | 10,000 | O | 707.00 | |
13/03/2008 | 09:41:50 | 7.10 | 139,964 | NB | 9,937.44 | |
13/03/2008 | 09:23:05 | 7.05 | 7,000 | O | 493.50 | |
13/03/2008 | 08:20:20 | 7.03 | 20,000 | O | 1,406.00 |
Clocktower
- 13 Mar 2008 12:23
- 31 of 75
This is a total disaster. Not a hope of maintaining shareholder value imo.
Master RSI
- 13 Mar 2008 12:31
- 32 of 75
But still much better is what online are bidding now 300K at 7.02p, for only offereing 37K at full price 7.10p ( price 7 / 7.10p)
So premium for selling on big size, and paying full price for buying on smaller size
Market Makers want your stock
Master RSI
- 13 Mar 2008 16:52
- 33 of 75

A very good finished with a BULLISH Candlestick....
Today's Candlestick:
WHITE CLOSING MARUBOZU
Type: Reversal/Continuation
Relevance: Bullish
Definition:
The White Closing Marubozu is a single candlestick pattern characterized by a long white body
with no upper shadow. This is an extremely strong bullish candlestick pattern.
hangon
- 14 Mar 2008 16:21
- 34 of 75
You guys may be right, but I think it's studying the entrails - surely you have to look at the underlying business - ignore the flashy shops, website and so on -
This is a market in decline - the first flush of digital cameras is over. I bought one and it's out of date already - but until I need another there is nothing wrong with it. ( ie it goes). In the past I had two SLR's - one for colour and one for B&W, the lenses interchanged so I could do a host of subjects. However, the digital camera covers B&W and colour and I can edit the litter out, move things about etc. - so it's MUCH better than film.
But - here's the rub - if I saw a new model in Jessop's ad ( or in the shop window, not that I go there to have colour developed anymore!), I would be tempted to find an 0n-line price and try my luck to beat the price down.
- So, what pays for the Shops - the Rental, lighting, staff-costs? - it's a nightmare, compared with an On-Line business - and frankly that's what they should become - (massive brand, good prices and pick-up from a small outlet out-of-town that also supplies computer gear, printers, inks etc. etc.). I read (here) that sales have improved - but it is Profits that need watching, not sales!
I do not believe "photography" -(as practiced by JSP)- can support those retail outlets on wafer-thin margins - and now that mobile phones have cameras - where are the bulk-buyers that might take their photography to the next level? I don't believe current Management has enough "perception-drive" to do anything more than run the business until the Banks shut shop. Oh deary.
No, I don't see it improving, so I sold out at a small loss.
Studying sp Graphs is interesting, but I think there has to be some connection with the fundamental shopping-habits of customers.....
Master RSI
- 19 Mar 2008 16:02
- 35 of 75
All those trades at plus market, were responsible for the 10980 trades at LSE
Trade Date |
Trade Time |
Price |
Volume |
Type |
Consideration |
19/03/2008
|
15:39:01
|
7.65
|
12,853
|
O
|
983.13
|
|
19/03/2008
|
15:30:46
|
7.56
|
15,000
|
O
|
1,134.15
|
|
19/03/2008
|
15:21:01
|
7.57
|
30,000
|
O
|
2,271.00
|
|
19/03/2008
|
15:11:49
|
7.57
|
10,000
|
O
|
757.00
|
|
19/03/2008
|
14:58:39
|
7.52
|
40,000
|
O
|
3,006.40
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19/03/2008
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13:13:12
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7.32
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6,266
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O
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458.61
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Master RSI
- 19 Mar 2008 16:05
- 36 of 75
Forgot to tell you earlier this morning, I selected the shares at the "UPS" thread........
"UPS" (Added by Master RSI on Wed 19 Mar 10:33 am)
JSP - Mid 6.98p
Reason - Yesterday's chart was signaling a posible double bottom on the chart, and the buy/sells were leveling, today a large buyer is entering the market and share price apreciating slowly, update of how the company is doing is expected soon
Master RSI
- 30 Mar 2008 19:03
- 37 of 75
Last Wednesday update..........
PRE-CLOSE TRADING STATEMEN
26 March, 2008
Jessops plc will announce its interim results for the six months ending 30 March
2008 in May 2008. Prior to entering its closed period, the Group today issues a
trading statement.
Like for like sales for the 25 weeks to 22 March 2008 are down 5.1% with total
sales down 24.6% reflecting the closure of 81 stores last year. Product margin
is slightly ahead of the prior year as a result of the focused use of markdowns
together with the benefit of reduced stock levels.
Following the restructuring programme last year, the Board has taken further
actions to reduce the cost base and improve the efficiency of the business.
These will result in additional savings at Head Office, improved efficiency in
store staffing levels and reductions in our supply chain costs.
Good stock management has driven down stocks significantly. On 22 March 2008
total stocks were 29 million, compared to 34 million on 6 January 2008 and
51 million on 24 March, 2007.
The important summer trading period lies ahead and trading conditions remain
challenging, but the actions taken to reduce the cost base and stock levels
together with prudent margin management mean that the Board remains confident
that the business is on track to meet its expectations for the year ending 30
September 2008.
David Adams, Executive Chairman said:
"Our trading performance reflects the difficult and uncertain environment we
operate in and we continue to take actions to reduce the cost base of the
business. These actions plus the restructuring activity undertaken in the second
half of last year, which caused significant disruption to trading through store
closure and stock clearance, should benefit the business as we move into the
second half of this year. Our stock levels are significantly down on last year's
level. This has been achieved without affecting product availability.
"The second half of this year also sees the impact of significant amounts of new
and innovative products across the range.
"The Board remains confident that the Group is on the right track to build
sustainable profitability."
Master RSI
- 30 Mar 2008 19:11
- 38 of 75
PAPER'S COMMENT after the UPDATE
FINANCIAL TIMES
Picture deteriorates at Jessops
By Maggie Urry
Wednesday - March 26 2008 08:22
Jessops promised a happier picture for the second half of its year after the photographic retailer said on Wednesday that sales had fallen 5.1 per cent on a like-for-like basis in the 25 weeks to March 22.
The groups total sales fell 24.6 per cent in the period after it closed 81 stores last year, reducing its chain to 234 outlets.
The shares opened 4.4 per cent or 0.32p lower at 7.03p. The group was floated in October 2004 at 155p.
David Adams, executive chairman and the only executive director of the company, said the action taken to cut costs and stock levels and close stores, most of which were loss-making, should benefit the business as we move into the second half of this year.
He said the latter part of the year would also bring significant amounts of new and innovative products across the range. The group said it was on track to meet its expectations for the year, despite challenging trading conditions. The summer months are usually a seasonally good period as people take photographs on holiday.
Analysts are predicting a loss before tax of 5m for the current financial year to end September, and a reduced loss of 2.5m for 2009.
The group suffered a torrid time last year with a series of profit warnings and the resignation of its chairman, chief executive, finance director and commercial director. It plunged into losses for the year to end September. Mr Adams was recruited in May to turn the companys fortunes around.
The group said on Wednesday that its stock levels had been brought down to 29m by March 22, from 51m a year earlier and from 34m in early January. Mr Adams said this had been achieved without affecting product availability. Lower stock levels also meant product margin was slightly ahead of last year.
Mr Adams said he was confident that the group is on the right track to build sustainable profitability.
Jessops is attempting to refinance its debt before the facility it arranged last year runs out in December.
THE TIMES
March 26, 2008
Jessops cuts 200 jobs as sales plunge -- Steve Hawkes
Jessops, the troubled photographic retailer, is eliminating more than 200 jobs only months after closing nearly a quarter of its UK stores.
David Adams, executive chairman, said that further cost cuts were needed because of the difficult and uncertain trading environment that has seen sales tumble in the past year.
The cuts will affect up to 8 per cent of the workforce, with assistant managers expected to be laid off across the Jessops store estate. Some roles at the head office will also go.
Jessops laid off 550 staff last summer in a rescue plan under which it closed 81 of its 315 stores to save 15 million a year
GUARDIAN
Jessops sheds 200 more jobs as sales fall 5% --
Julia Finch, City editor The Guardian, Thursday March 27 2008
The struggling camera retail chain Jessops is cutting another 200 jobs, little more than six months after laying off 500 staff and closing more than 80 of its stores. The firm is also getting rid of all assistant store managers at its 234-strong chain, together with a "handful" of head-office jobs.
The job losses were announced as Jessops revealed another decline in trade. Like-for-like sales were down 5.1% in the past six months and total sales dropped nearly 25% after last year's store closures.
David Adams, executive chairman, said the sales data reflected "the difficult and uncertain environment" the firm operated in, and the cutbacks "should benefit the business" as they approached the second half of the year.
Jessops has been squeezed by tough competition from supermarkets and online retailers. The chain issued a series of profits warnings last year and its entire board of directors resigned.
The group crashed 70m into the red, and its share price tumbled more than 95%. The business, which will employ 2,500 staff after the cuts, is now valued at just 7m - less than one week's sales. In its trading update, Jessops said it had cut stock levels - from 51m a year ago to 29m - and was "on track" to meet City forecasts of a 5m loss this year.
Adams has agreed a 66m refinancing with HSBC, which could help reposition the chain as a more upmarket retailer focusing on higher-margin SLR cameras and photographic services.
THE SCOTSMAN
Jessops is the picture of health
JESSOPS, the photographic retailer, yesterday said it was confident of rebuilding profits after slashing stock levels under a restructuring plan.
The group, which recorded losses of almost 70 million in its last financial year, said like-for-like sales were 5.1 per cent lower in the 25 weeks to 22 March.
But Jessops added that good management and the previously-announced closure of 81 stores, including eight in Scotland, had cut stock levels to 29m from 51m a year earlier a reduction it said had been achieved without affecting product availability.
It is hopeful the second half of the financial year, which includes the busy summer trading period, will see further benefits.
Master RSI
- 30 Mar 2008 19:16
- 39 of 75
And the rise gives a BREAKOUT on the short term chart
Master RSI
- 30 Mar 2008 19:26
- 40 of 75
That is the state of the chart at the moment, next barrier 9.50p on the paralell lines
cynic
- 17 Jul 2008 16:35
- 42 of 75
ZERO! .... this has been a mug's play for many months now, except arguably as a short
cynic
- 17 Jul 2008 17:07
- 44 of 75
the only thing that will bounce will be their cheques to hapless suppliers
XSTEFFX
- 17 Jul 2008 21:05
- 46 of 75
NO MASTER RSI
tabasco
- 18 Jul 2008 10:07
- 48 of 75
Wait for the OPS!
Greyhound
- 18 Jul 2008 10:07
- 49 of 75
I spent a lot of money in Jessops very recently. It was a good job I knew what I wanted as the staff were useless, could barely take the lens cap off and certainly didn't know much about their products... but I'm very happy with my Nikon D300. Looks like I won't need the 6 frames a second to capture the customers coming out the shop.
cynic
- 18 Jul 2008 11:05
- 50 of 75
your experience tells plenty ...... def one to AVOID
hangon
- 21 Aug 2008 11:56
- 51 of 75
Greyhound/cynic - yes, yes the children working in shops are incapable of doing more than reading the card - do they think we old'uns cannot read? At least the Tills do the addition/subtraction.
It always surprises me how poor the technical knowledge is in shops (or garages!), but then the people we are face-to-face are not doing the real work (in the case of Garages) - in the case of JSP I got out at a minor-loss at 8p having been to an AGM with the new boss - but it's now evident the Execs are there to collect a good living - they are IMHO - the "same mould" as WLW (Woolworths), where no-one knows 'owt and no-one cares 'owt.
Unlike JSP, WLW has many sites, so some intrinsic value + they could get the business turnaround..
Yes, AVOID...I suspect JSP is broken - the internet has done them in, and home printing is easy enough (and you can sneek some through the Office machine!)
All we can do is put our investment where there is a "Buzz" in the shops. (for example), however, RETAIL is having a bad time -
Good luck with yr camera - just don't get Arrested...very easy these days - ah for the days of freedom and glass plates. Even though the camera+stand weighed so much.
I still have a 2-body+lenses 35mm outfit, firt for no more than nostalgia...but at least the photos had "focus" - whereas my fancy 12x zoom Digital processes the picture so everything is sharp...how artistic is that ? - just how DO they buck the laws of Physic?
I suspect yr Nikon will allow focusing on the subject...so that's far better IMHO...and more than my 5Mp as well, if it's recent.
PS I hate the "Cashbacks" - always think I'll miss out, so I won't even consider such a camera - why don't Cannon/Nikon cut the price? - then everyone knows.
hangon
- 21 Aug 2008 12:09
- 52 of 75
Big Gap in Posts here until the Fall in SP mid-July -
This Might be the reason...no-one posted then!
(15 July 2008) Jessops plc
(but sp fell slightly on 14th!)
On 29 May Jessops plc ('Jessops') announced its interim results for the six months ended 30 March which showed like for like sales down 5.0%. Jessops also reported on trading in the 8 weeks ended 25 May when like for like sales were down 8.0%, giving a cumulative 34 week performance that was down 5.6%.
Against the background of a worsening retail environment, trading since 29 May has not improved going into the key summer period as anticipated based on prior years' experience. Therefore, like for like sales in the 41 weeks ended 13 July are now down 5.7%, with the last 3 weeks trending at an average of 11% down.
Whilst lower than originally anticipated the Board still expects full year EBITDA to be ahead of last year's equivalent of 4.4 million, as Jessops remains cash generative and is operating within its existing banking facilities.
The Board believes that the loss before tax, non-recurring items and financing fees will now be significantly worse than the small loss announced on 29 May and due to the worsening retail environment, together with the increased costs of interest and depreciation, that it will be worse than the equivalent loss of 7.5m last year.
David Adams, Executive Chairman said:
'The actions we have taken throughout the course of this year have resulted in a gross margin increase of over 200 basis points, significantly decreased overheads and stock levels. The retail environment has worsened significantly over the last few weeks but the strategy the Board is implementing means that we still expect to deliver an EBITDA that is higher than last year.'(ENDS)
Check....DYOR...this is for my information only...
hangon
- 10 Sep 2008 17:57
- 54 of 75
DA is suppopsed to have bought abt 500k-worth as part of his employment ( DYOR, my understanding, only). The price then was about 10p - so by delaying he's been very wise - OR - this omission has spooked the Market.
More-of-the-same will not cure JSP (IMHO), in these times of woe and cut-prices from Internet shops. Camera makers are not concerned aas they want to shift quantities of older models, once they are made, to keep prices competitive.
I suspect this leaves a "quality shop" like JSP with "nowhere" to trade. - since theior customers know no reason for loyalty. The PC is essential these days - and JSP has refused to supply suitable PCs so that folk can upgrade easily and cheaply.
Indeed I suspect with Dixons about to go Jessop could have stepped-in with a small but good range of PC's - that's what I woukd do....but JA does nothing more than collect a fat cheque. Ho Hum!
All IMHO. . . . . . DYOR.
Dil
- 01 Oct 2009 11:05
- 55 of 75
Here is a fine example of the Master tosser at work !
cynic
- 01 Oct 2009 11:32
- 56 of 75
not sure what the boy wrote, but for sure you have to be a total tosser to be holding these in the first place, notwithstanding the hanged man's twitch today
tabasco
- 01 Oct 2009 11:47
- 57 of 75
Dilthis is what Master RSI said in English
The shares @ 8p, could be on the long run a 2 figure bagger if tuck away early on the recovery.
but to be fairtranslated into his languageand what he really meant was.
The shares @ 1.4p aint know bleeding fun2 fingers buggerthe fuc*ed up wayneed the cavalry
Dil
- 01 Oct 2009 11:55
- 58 of 75
a 10 bagger lol
cynic
- 01 Oct 2009 13:07
- 59 of 75
a week in politics is a long time and likewise in the markets ...... at the end of the day, we all make our own decisions, and if we get it wrong, then we should have the backbone to stand up and admit it and not try to pass blame elsewhere
gloating at the misfortune of others is also not an endearing trait
Dil
- 01 Oct 2009 13:15
- 60 of 75
Nor is ramping the arse out of crap then disappearing cynic. If he stated they were short term trades fine but he doesn't.
cynic
- 01 Oct 2009 13:48
- 61 of 75
he may not have done so here, but i know he posted the other day somewhere that he is generally just a very short term holder ..... i confess his analyses are far too complex for my aged brain in any case,
Dil
- 01 Oct 2009 15:23
- 62 of 75
OK cynic you win .... I just don't like the tw*t :-)
Dil
- 01 Oct 2009 15:24
- 63 of 75
... cos 9 times out of 10 he makes out he's in for the long term , pump and dump spring to mind.
tabasco
- 01 Oct 2009 16:55
- 64 of 75
Dil/Cynicjust got in... I actually dont mind the guy to a certain extentputs on a front imoand I cant understand how he comes to his conclusionsthey never add up? bit of a jackanory most timesbut your last post Dilis exactly how I see it.and is the reason I kicked off.his wording is changing though
tabasco
- 01 Oct 2009 18:19
- 65 of 75
Master RSI.a neat way to delete on the headernot doing your cause a lot of good mate
dealerdear
- 01 Oct 2009 18:32
- 66 of 75
Seems bizarre to me that someone takes the time to post which we all can either ignore or take seriously and then gets criticised for it. He doesn't has to share any pearls of wisdom and posters can ignore him if they so wish.
No one gets it right all the time but for the record I've followed Master after doing quick research on about 70% of his 'ups' and I can't remember one that I didn't make money on in a reasonably quick time. Like him, I may only stay in the stock for a couple of hours or it may be a week or so. We even made money on a quick in and out on 'Land of Leather' when the MM's were pushing the sp 30% or so upwards. It would have been crazy to stay in the stock and of course a few weeks later they went bust.
We all have our opinions and as a side, I love his cartoon cause they brighten my day!
Dil
- 01 Oct 2009 19:47
- 67 of 75
lol , deleting the evidence after the event Master tosser says it all.
dealerdear
- 02 Oct 2009 07:46
- 68 of 75
Christ you ain't half a pratt.
I'd suggest you go back to the rugby thread but you haven't really got a lot to shout about there have you?
Never mind lil
Dil
- 02 Oct 2009 08:33
- 69 of 75
As you said , everyone is entitled to their point of view and I think he's a tosser.
As for me not being half a pratt that is very kind of you and as far as my club team go I think you'll find we have an awful team so plenty to shout about.
Is lil a pet name for mr tosser ?
Have a nice day.
Regards
(ps think jkd has summed up the problem some of us have with him very politely on the lloy thread)
Big Al
- 02 Oct 2009 08:39
- 70 of 75
It's a bit silly making this the joke thread. I'm sure there's value in covering at least some of JSP's potential. ;-0
tabasco
- 02 Oct 2009 08:46
- 71 of 75
Hangover Dil?...you are on the Jessup threadBTW I see the Master RSI has gone quite rumours that a South American terrorist group have kidnapped our beloved and are demanding 5mil or they will burn him with petrol. Please donate what you can I have donated five litresany more charitable people?alright just a bit of funban me!
tabasco
- 02 Oct 2009 08:48
- 72 of 75
Make me look a prat Dilnice edit
Dil
- 02 Oct 2009 09:09
- 73 of 75
Sorry tabby , must have done it while you were typing ... and you do a fine job of that all by yourself :-)
tabasco
- 02 Oct 2009 10:30
- 74 of 75
If you cant get hold of petrol in WalesI believe propane will do?
Dil
- 02 Oct 2009 10:36
- 75 of 75
I'll supply the matches.