Reuters/FTSE100 overlay:
Announcements

Forward Diary

Directors deals.

Longer term chart.

Quite agree snoball, it goes up and you think thats it....and then it just goes up again.

I'm Tempted but don't want to get stuck in there...and hate taking a loss!

I know what you mean Stan.
I might wait for a pullback and have a go.
It has a long way to go to get back to its historical highs.

I have made money with this share......and it will deliver. But for the moment just wait, Reuters reports in GBP and its core business lie in USA and Europe. Europe its just beginning to come out form its shadows. So I feel for most of this year Reuters will trade sideways. I think it will go down to 280-290 then I will buy. I nearly go in again just before when share were down to 240 round december. I regret it now!!! There is an interesting article about Reuters in this week's Business Week. Thanks

Good point about the currency difference X. Adds an extra bit of risk.

Food for thought that.

Appreciate the input xmortal.

Well, its up again today and I have decided to have a punt and go long at 345.5.
I'm using a trailing stop to get me out if it doesn't work out.

Cooking with gas today!

Have held RTR since April or May 2002 - yeah well I have my
snail-like qualities as well as my bunny ones...
Anyway I bought than at 404p (you may say Ouch but not ah-ha!)
so there's still room on the 'up' before it reaches the levels
nearly two years ago and there are some out there who bought before
that for even more! I'm hopefully for 380p short-term and break even
for me (400p ish) by before the US elections - after that I'm very
unsure/nervous and my crystal ball's in for a service today!!!

Not so hot today. My stop is keeping me in - just.

I'm hoping the Dow breaking new highs will boost the Ftse and RTR tomorrow.

snoball - woohoo! closed my down dow today. have a good weekend.

what's tomorrow gonna bring?

Tomorrow ( in 6 months?) will bring 759p says http://www.investorease.com

Useful site, there, chartist.

Lots of good news today. See the header.

Absolutely Snowie..Worth a celebration drink I think!
I'm still holding on in there...Must be more up-side to this!!

Is this going to drop to the gap at 380?

Take the clue as to what to do next from the Non Exec director's dealing! plus the shrewd investors clues. Short/Medium term, IMHO is to sell.

thanks hjs.
Who are the shrewd investors?

Directors selling:not a lot.

Well I'm always a contrary bunny but I'm holding on to mine!!

I don't blame you sb, if you didn't buy at the top.

I see the gap is filled.

You know they went ex-div as well don't you, that always messes
with the price!

I hadn't realized at the time stockbunny. I know now!
I've put a link in the header so that it is possible to check the Forward Diary for dividend dates etc. when doing the research.

Cheers-me-dear that will be most handy!!

The 359 support level has held after the earlier gap was filled.
Quite respectable volume today.
I think another punt on this might be in the offing.
Any thoughts stockbunny?

Well I'm still sticking in there Snowie, I reckon it's worth
quite a bit more than the current level, and considering what
has happened over all the stock sectors last few days, RTR has
held up well. Did you read they bought more of another company
I think last weekend - I'll see if I can find the news & will
post it below...be back in a mo.

Ah..found it....

Reuters Group PLC
17 March 2004





16 March 2004 09/04

REUTERS ACQUIRES REMAINING STAKE OF
ICOR BROKERAGE JOINT VENTURE

London - Reuters Group, the global information company, today announced that it
has acquired the remaining 50 percent stake of ICor Brokerage Limited, its joint
venture with ICor JV Holdings LLC. This takes Reuters a step nearer to achieving
its aim of becoming the leading provider of electronic broking services for
global Treasury markets. The acquisition also extends Reuters product coverage
beyond the successful Spot and Forward Foreign Exchange (FX) products to include
FX Options.

The consideration for the acquisition will be paid in cash and will be based on
future revenues derived from transactions using the ICor products.

Mark Robson, Global Head of Treasury and Fixed Income, said, 'The timing for the
acquisition of ICor Brokerage is good given the active FX markets over the last
year. With the ICor acquisition, Reuters will be able to directly meet our
customers' needs for cost-effective brokerage and the straight through
processing of FX Options. ICor's customer base includes virtually every
significant bank in the world which trades FX Options and all will transact
their business from Reuters Dealing 3000 key stations.'

ICor Brokerage Limited was a 50/50 joint venture set up by Reuters and ICor JV
Holdings LLC, the electronic derivatives broker, to develop electronic brokerage
services for the global inter-bank foreign exchange options and interest rate
derivatives markets.

Ends

Yo Snowie!!
We're goin' up again!!!!

Is this why we have had a rise last couple of days?

LONDON (AFX) - Reuters Group PLC said it has sold its French commercial and legal information unit ORT SAS to Natexis Banques Populaires unit Coface for about 46.6 mln eur.

Reuters said it took out 25 mln eur in cash from the unit before the sale and may also get another 1 mln eur from valuation adjustments after the deal.

The sale is part of Reuters' effort to sell non-core assets under its Fast Forward restructuring programme.

ORT is a provider of credit, financial, commercial and legal information, and also distributes public data for government agencies in France, Belgium and the UK.

The unit reported an underlying pretax profit of 6.7 mln eur for the year to Dec 31 and its net assets at the end of last year were valued at 16.2 mln eur, including about 10 mln eur in cash, which remains in ORT at completion.

Reuters said it will use the proceeds from the sale to pay down debt.

newsdesk@afxnews.com

cw

Jolly good. Well spotted stockbunny. Excellent in fact.

Snowie - don't know if you are still in RTR, but if you are
there is a frenzy of trading going on right now!

Up 15p at 15.22!!

Increased market share sb. Jolly good. Tearoom portfolio should begin to look better.

ttt

I have initial short term target 3.60 to fill the gap on the longer term chart. But if weakness sustained 3.15-20 longer term. But as always will depend on Nasdaq!!!

From todays Observer....
REUTERS Bloomberg is going head-to-head with Glocer by offering services to customers that used to be the preserve of Reuters; if Bloomberg has a range of identical products there will be a price war the like of which we have not seen before.

Thanks for bringing this to our attention David - I don't
know if Snoball is still holding these or not, but I am.
Bloomberg has its devotees as does RTR - seems a bit like those
who will only shop in Waitrose and those who wont swop from Sainsbury's!
So we shall see, the competition or threat of it increasing may push the
price around a bit...

stockbunny, only realy look at technicals, 3.75-80 was support. Hs it now being tested as resistance. Not 100% sure as yet. But we will find out soon.

Going the right way at the moment.

If Nasdaq is weak as it looks, then possibly. Needs to hold below 65 then next piv is 58. All depends on US. 65 on chart is a supp / resistance level. Hence held at 62-5 most of day. FTSE needs to break 4440 to downside first. Another big level.

looking at your chart david2000, the 200 ma is the indicator to watch.
i.e. the blue line stockbunny. :-)

It follows the FTSE100, I will post chart later.

umm interesting..except it could make me sea-sick if I watched it
too long! Still think it is finding a new level, different from those
of a few years ago in the 'heady time' of high prices...

with june 30th deadline coming up, one never knows for sure but, if the DOW reverses, reuters could go down like a bullet, just be careful fellow investors...I say this as it appears to be the most volatile of the ftse100 fast movers...just cover urselves either way,

good luck as always however..

RTR will generally follow the FTSE. But results not good along with Bloomberg threatening to enter price war. Its definitely one to short on any FTSE weaknes. Will try and sort chart with FTSE overlay out tomorrow. I think this could easily get to 3.15ish on 100-50 point pullback on the FTSE. If the Idex decides its going to 4600 for a visit, then I would guess 4.00-10 would be the top.

david, when you do sort out the chart with the ftse overlay, post the link and
I will put it in the header.

No problem, snoball.I'll do it today at some point.

As you can see RTR exagerates ups and downs on FTSE.

*REUTERS DOWNGRADED TO 'EQUAL-WEIGHT' FROM 'OVERWEIGHT' AT MORGAN STANLEY

3.15- .20 getting close....

Things are continuing to look less then rosy....let's hope it gets
a grip soon..

Ooops. Most remiss of me. I haven't been following the markets recently.
I'm taking a break from it all.
I've just noticed you've posted the overlay David and have now put it in
the header.
Rather an interesting correlation.

Cheers snoball, see the exagerated moves...

DEUTSCHE BANK European Focus List: Reuters removed ...

Oh great it just gets better! This one has proved to be the 'dog' of
my portfolio recently (GD no offense if you read this!) next time it
hits 400p (and I think it will although possibly not for long) I am
out with a capital O....

Stockbunny, I think it will be a long time before that happens unfortunately. This downturn has taken a grip now. Its the looming price wars worries thats the problem. I dont think it will be long before we see 2.90-3.00. I will post a chart over the weekend to demonstrate what I mean.
This morning it was only 1p from my initial price target of 3.15....

David, I've been investigating further the relationship with the FTSE.
Unfortunately I can't automate the signals I want using my software but at some stage I will post some charts with what i've got so far.
You're right though it does look rather gloomy at the moment.

Reuters is one of the world's great brand names that is suffering from a lack of of imagination in its exploitation.

The current management are entirely preoccupied with protecting their traditional markets which are under attack by leaner, fitter, younger rivals.

Reuters needs to diversify and exploit its brand before it loses its lustre.

Otherwise, it's all down.

Agree MM. Living on its reputation, in a fast moving competitive sector. As is always the problem, we now live in a very price concious environment. So unless you have a unique selling point and constantly evolve your product. you can be high and dry in months.
3.25 is a key support area, if that goes sub quickly IMHO.

Much thanks to all the recent posts, I tend to agree with all the
points made - yes they need to revamp themselves and their target markets,
yes I can see it going down before up (although I keep hoping the US elections
will bring a lift, albeit temporarily) and yes it looks perched on the brink
of a free-fall....All in all pretty average stuff (lol)

See whether it holds below 3.25 today???

Looking better today....but long way to go!

No position ATM snoball. But good luck, hope you do OK. Still trying to sort my charts out. will post asap. There is a possibility of a new uptrend forming after last couple of days. But its early yet.

LONDON (AFX) - Shares of Reuters Group PLC were lower in midmorning trade
after both Goldman Sachs and Merrill Lynch cut earnings forecasts for the group
ahead of its interim results due out next Tuesday, dealers said.
At 10.47 am, Reuters was down 8-1/4 pence at 333-1/4, while the FTSE 100 was
down 64.2 points at 4,313.1.
Merrill cut its core earnings per share estimate by 7 pct and 2 pct in 2004
and 2005 respectively.
It is disappointing that Reuters is sending out mixed messages -- the
group's bullish outlook statements contain a cautionary tone on its margins,
Merrill noted.
However, in the short term Merrill expects that product momentum, contract
wins and a improving market are evidence that a return to growth remains likely
next year.
Meanwhile, Goldman Sachs is shaving its EPS estimates by 0.9 pct and 2.6 pct
in 2004 and 2005 respectively.
But despite the revision, Goldman remained quite bullish on the group.
Continued positive net sales, a healthy balance sheet and a strategy that is
very much on track are likely to be the themes from its results next week,
Goldman said.
leb/jc

Finally got hosting site going!!! Basically the 200 day MA is the key to where this is going. It looks very bearish, after looking bullish a couple of trading days ago. Tuesday will be decision time. RTR have results in the morning(Tues). If 3.22 doesnt hold on Monday, I will go short below 3.20. If not will wait for results. There will be plenty of time to get on board.
Only my opinion. If results are OK, then 3.60-70 possible medium term to top of downtrend. Thinking about it, will probably wait for results day to take a position.

Looks like RTR is going to hold the 5.22-5 area until results tomorrow.

That could be a promising sign considering the rest of the market
is in decline today...

LONDON (AFX) - Reuters PLC will provide investors with a crucial update on
the slowdown in the decline of its main revenue stream, continuing the
quarter-on-quarter trend of steady progress.
Since the global news and information company has already guided investors
to expect quarterly recurring revenue - a key performance indicator taking into
account the rate customers cancel their subscriptions - to fall 6.0-6.5 pct
year-on-year, the spotlight will be on the outlook for the third and fourth
quarters.
Tom Glocer, chief executive, said in April the slowdown in the rate of
decline would be more gradual in the second half of the year after it improved
to 8.4 pct from 9.8 pct in the previous quarter.
"I don't think it's exactly time to break open the champagne," he told
reporters on a conference call.
And analysts expect more of the same on Tuesday, with pretax profit figures
taking a back seat. They are looking for anything between 115 mln stg and 122
mln after 87 mln stg last year.
"The recent cautious tone from Reuters has offset market optimism that the
group would beat expectations for a fifth quarter in a row," said Johnathan
Barrett, an analyst at Williams de Broe. He is forecasting pretax profit of 121
mln stg in the first half.
Barrett said he is struggling to find any immediate attraction in the
shares, despite the potential for a turnaround in revenue growth.
He cited concern over Reuters' high near-term rating, continuing revenue
decline, outstanding execution risks of the cost savings programme and the weak
outlook for newsflow.
The contraction in core recurring revenue is expected to remain within
company guidance of 6-6.5 pct, a range chief executive Tom Glocer reiterated in
May at an investment conference.
Guy Lammings, an analyst at Cazenove, is looking for recurring revenue in
the core business to fall 6.0-6.5 pct, consistent with company guidance, and
expects third-quarter recurring revenues to fall 5 pct.
Meg Geldens, an analyst at Investec, said: "After recent pull-back of some
of the more optimistic forecasts in the market, the update at the interims will
be crucial to understand how confident we can be in current revenue and margin
projections."
"What is the likelihood of revenue growth in 2005, and is it operationally
geared revenue growth or will it require investment?" she asked in a note.
Geldens is looking for first-half pretax profit of 116 mln stg, up 33 pct
year-on-year.
For Reuters, excluding Instinet, revenue is expected to have fallen 12 pct
to 1.19 bln stg from 1.35 bln stg a year ago.
Geldens is looking for an underlying recurring revenue decline of 5.5 pct in
the full year and 0.7 pct in 2005.
JP Morgan analysts reckon the results will confirm the improving revenue
trend and could positively surprise on margins.
Improvements in the revenue line have been driven by a reduction in the
level of cancellations and good growth in Reuter' 3000Xtra product, they said,
forecasting core recurring revenues to fall 6.3 pct in the first half.
The focus will be on third-quarter guidance, where they look for recurring
revenues to fall 5 pct. And they assume a continuation of the sequential
improvement begun in the fourth quarter of last year.
"We believe there could be some margin upside in the first half given
management's outperformance on cost saving to date and through the expected
beneficial impact of currency movements," the JP Morgan analysts said.
"Longer term we remain neutral and believe that post a possible short-term
rally the stock is likely to tread water as the market focus turns to longer
term issues regarding the company's ability to gain market share and the level
of sustainable industry growth."
oliver.wagg@afxnews.com
ow/slm/

LONDON (AFX) - Reuters PLC reported an improvement in the rate of decline of
underlying core recurring revenues in the second-quarter of the year to 6.2 pct,
within company guidance of 6.0-6.5 pct, and reported better-than-expected
first-half pretax profit.
The year-on-year decline in core recurring revenue improved to 8.4 pct in
the first quarter, from 9.8 pct in the fourth quarter of last year.
Reuters said it expected to improve the rate of decline in this key measure
of performance to 5 pct in the third quarter, and for this to continue to
improve in the fourth quarter.
Meanwhile, first-half pretax profit shot up to 297 mln stg from 44 mln a
year earlier.
Before amortisation of goodwill and intangibles, impairments and disposals,
pretax was 136 mln stg, up from 87 mln a year earlier and higher than the range
of analysts' forecasts of 115-122 mln stg.
The company also raised its estimate for cost savings in 2004 to 230 mln stg
from 220 mln.
Chief executive Tom Glocer said strong earnings in the first half reflect
"sound business performance" at Reuters and Instinet, boosted by profits on
disposals.
"While the external environment in the second quarter was somewhat less
benign than in the first, our increased competitiveness and better sales
discipline mean that we expect to see the recurring revenue trend continue to
improve gradually," he added.
"At the mid point of our three year Fast Forward programme, we are ahead of
schedule.
"We are winning business with our largest customers; our new product line-up
is taking shape; and customer satisfaction is improving."
oliver.wagg@afxnews.com
ow/ab/jc

Right in the middle of a big range. Could go either way. Results look OK on the face of it. So will probably wait to see what the "Boys" think of them.

RNS Number:2469B
Reuters Group PLC
27 July 2004


REUTERS GROUP PLC - INTERIM RESULTS
For the six months to 30 June 2004

27 July 2004 19/04

REUTERS: INSTINET STATEMENT

London - Instinet Group Incorporated (Nasdaq:INGP), the electronic brokerage in
which Reuters Group has a 62% stake, published its financial results for the six
months to 30 June 2004 yesterday, following the US market close.

The following is a reconciliation of the unaudited results for the six months to
30 June 2004 under US GAAP as released by Instinet Group yesterday, to the
numbers that are being reported by Reuters Group under UK GAAP today.

Revenue Profit after taxation
--------------------------- -------- -------------
Per Instinet Group results - US GAAP (US$m) 593 27
Adjustments to UK GAAP
- Soft dollar commission and commission
recapture (113) -
- Interest (3) -
- Investments - 16
- Amortisation of intangibles - 2
- Stock compensation - 1
- Restructuring - (6)
- Tax - (5)
- Other - 1
--------------------------- -------- -------------
Instinet Group results - UK GAAP (US$m) 477 36
--------------------------- -------- -------------
Instinet Group results - UK GAAP (#m) 263 20
--------------------------- -------- -------------

An exchange rate of US$1.81 has been used, being the average for the six months
to 30 June 2004.


Explanation of adjustments

Revenue

A significant part of the adjustment from US GAAP to UK GAAP relates to soft
dollars, primarily relating to the purchase of third party research products,
and payments made as part of Instinet Group's commission recapture services.
Under US GAAP, Instinet Group reports its transaction fee revenue from these
businesses on a gross basis. Under UK GAAP these revenues and costs are not
grossed up but are netted against each other.

The other revenue adjustment relates to net interest income that is not included
as revenue under UK GAAP.

Profit after taxation/net profit

Adjustments to net profit after taxation include impairment of investments,
amortisation of intangible assets, the tax effect of US to UK GAAP differences,
stock based compensation costs, restructuring charges and currency translation
differences.

A summary of Instinet's statement is below and the full press release, including
financial tables, can be found in the earnings release section on Instinet
Group's site at: www.investor.instinetgroup.com.

NEW YORK, July 26, 2004 - Instinet Group Incorporated (Nasdaq:INGP) today
announced net income of $8 million or $0.03 per share for the second quarter of
2004 compared to a net loss of $5 million or $(0.02) per share for the second
quarter of 2003 and net income of $19 million or $0.06 per share for the first
quarter of 2004. The second quarter 2004 results included a $7 million gain
related to the mutual release by Instinet Group, Zone Trading Partners and
affiliated parties of execution obligations, a write-off of fixed assets of $2
million and a severance charge of $4 million. Excluding these items and their
related tax effect, pro forma operating income for the second quarter of 2004
was $8 million, or $0.03 per share compared to a pro forma operating loss of $2
million or $0.00 per share for the second quarter of 2003 and pro forma
operating income of $13 million, or $0.04 per share for the first quarter of
2004.

Edward J. Nicoll, Chief Executive Officer of Instinet Group, commented, "We had
a good second quarter considering weaker U.S. and European equity markets and
our business again returned a profit. Instinet, the Unconflicted Institutional
Broker, added to its Pure Block Trading Solution by introducing its Intra-Day
Cross during the quarter while INET, the electronic marketplace maintained its
25% market share. Despite weak market conditions and a competitive environment,
Instinet Group continues to be profitable while we serve our clients in the most
low cost and efficient way possible while at the same time maintaining our focus
on their interests."

Reuters contacts:

Shorted at 3.18.5 small, will let run a bit.

Out at 16, never any good at long term! Wait to see what happens with 15 level

UBS cut target to 3.55

Sorry David - are you 'out' now? If you are, hope you've not lost cash
on it, I'll stay put for while longer - wish me luck!

I ve been in and out on a daily basis, mainly short so done OK. Hope yours works for you. Mixed bag of Broker views today...

Merrill Lynch Mob...Neutral Reuters, cuts fair value to 375p from 425

GOLDMAN SACHS Outperform Reuters, 'buy on weakness', ups estimates

JP MORGAN- Reuters Upgrades to Overweight from Neutral

Thanks David - I've been holding RTR now for over 2 years - bought in at the
wrong time then (just over 400p) and patiently waiting to exit stage left!
(lol)
But it was a learning curve - I was pretty new to this game then and
made more bad calls then good ones!

Will stay put for break even
(missed one opportunity a while back) and collect miserly divi in meantime!!
Be Lucky and good for you, day to day seems the best way to play this one.

3.25 key battle area now. Been here for over a day. Could well have bottomed out for time being. Hope it gets back to 4 for you, as I will take a humungeous short out. Then we will both be happy!

Very true - I'll add it to the wish and prayer list!!

hi Stockbunny it's me The Chelsea Hare we must have identical portfolio's.

Possible!!! More red then blue today for sure

Sorry to hear you're in the Arsenal(as you say giggle giggle)with luck next week everything will be Chelsea for you.Where now Barc Vod Lgen Hbos?

VOD is down - HBOS was when I last looked, don't know on the others..

Off to watch the match in 6mins have a good weekend and a good financial return next week.

cheers you too!

Reuters cuts workforce, delays News2Web web project till 2006 - report
AFXU
LONDON (AFX) - Reuters Group PLC has postponed the launch of a multi-million pound editorial system till 2006 and ordered a 22 mln stg cut in its editorial budget, The Guardian reported.
The paper said that journalists at the group's UK news operation are considering strike action after senior management informed them last week of a budget reduction and relocated jobs abroad.
Reuters journalists believe the 22 mln stg cost saving equates to the loss of up to 250 jobs from the financial information group's news division -- which employs 2,300 people -- but Reuters executives are adamant the payroll reduction will not be on that scale, The Guardian said.
The paper quoted the National Union of Journalists chapel in Reuters' London office as saying that the redundancies would 'irreparably damage the company's reputation for editorial accuracy and integrity'.
A Reuters spokeswoman confirmed to The GuardiaN that negotiations are under way with staff and union representatives but declined to comment on job or budget figures.
Journalists at the group's UK editorial headquarters in London are discussing the possibility of a strike.
Reuters has also pushed back the launch of News2Web by two years to 2006 due to teething problems.
Some Reuters staff believe the project is significantly over budget, and fear deeper job cuts will be made before Christmas to ensure that Fast Forward stays on track and cost saving targets are not affected by the budget overrun of News2Web.

Yes watching this closely and if in any doubt, I'm going to
be tempted to get out in the near future.

Well held stockbunny!!

And it's not even cricket David! LOL!!!
:>)

Bit like a "Slinky".... do you remember those, the long slippery spring!!! LOL

Yes I do and the ones you can get now are plastic and don't work!
(I know this as I bought one a few yrs back for number 2 son!)

Well I'm OUT of RTR - spent a while watching the price go down
fractionally and a bit more and a bit more and thought I've been
here too many times before with this one so I sold them!
(Under 20 loss - so not so bad really)

Re evaluating, good idea. I don't know which way from here at the moment.

It's a tough one - if you are still in, good luck but watch your back!!
:>)

No position, stockbunny. Havent played them for a while. I meant you re evaluating, and saying you did the right thing. Instinet is part of RTR.. They have announced after the bell tonight....

Instinet Oct. avg daily equity share volume rises
AFXU


SAN FRANCISCO (AFX) -- Instinet Group Inc. after the bell Friday issued October transaction data for its Instinet and Inet electronic securities brokerage businesses. Inet's average daily U.S. equity share volume was 531 million shares, representing a 13.6-percent share of the U.S. equity market, up from 468 million shares, or 13.1 percent of the U.S. equity market, in the same month last year. Instinet's average daily U.S. equity share volume was 114 million shares, or 2.9 percent of the U.S. equity market, up from 107 million shares, or 2.8 percent of the U.S. equity market, in October 2003.

This story was supplied by CBSMarketWatch. For further information see www.cbsmarketwatch.com.

Instinet figs not taken too well this morning then.

These have had a good run of late, results out on 16th Feb.

Just wondering If there's any more left In the tank.

Shares generally getting a better press these days, terminals sales must be on the up.

Assuming that results are going to be favourable.

What's the feeling everyone? worth a go or reasons not to?

As a performance indicator, what would initially draw a potential investor to Reuters? I am very interested in any comments.

Crumbs, not only no RTR traders on here but no Investors either.

Stan - I've been out of RTR for a while now and personally I wouldn't get
back in unless it was at much lower levels then this. A drop back
towards 320p would get me on board again but not much else.

Yes it could be on a winning streak currently but do check the historic figures on it.

I remember paying 404p in 2002 and got out at a small loss close to
400p last year I think it was, having labeled it my 'dog-share'
for ages! But I stress, DYOR on it, follow your own thoughts.

The industry it is in has many players, the biggest competitor being
Bloomberg of course but there's a lot of small ones also. The key
factor is the cancellation rate that has been promised to be'bottomed'
out for a very long time now. There's been lots of reports of it slowing
but it's the magic words that finally its stopped that have been missing
before. Should they be said, things could look up.
Good Luck whatever you decide to do :>)

Thanks SB, I think you make some good points there and sum the company up well.

I was only looking to make a bit with a rise up to results which I did In the end.

Not a bad trading outfit generally If you can get the timing right of course.

Good on ya Stan for making a profit!!!