GOL has all the indications of being a VALUE share.

Selected in the Times (20 Sep 06) as a Smaller Stock to Watch.

Recent interim results indicate they are delivering shareholder value with plenty of upside to come

thanks for the intelligent response ....... i also think that long term the commodity cycle has a good way to run ...... however, the underlying prices have risen so sharply over the last year or two, that it would take a very very major correction for that trend to be broken ...... for all that, there is a pretty strong argument that a significant correction is now overdue (and one opposing that too!).

for myself, i have put the stock on my watchlist, for i tend towards the view of a sharp correction and, especially as GOL has already enjoyed a good run in the last few days, albeit after a precipitous drop, i think it will be possible to buy the shares quite a bit cheaper in the near future as the short term holdings are liquidated - say around 54p per chart indication

Cynic,

Thanks and agree that if SP dips and reaches 200 day MA then very good buying opportunity. RSI currently on the high side at 75. We're only talking 4.5p down from here, with significant potential upside. :-)

200 dma is as shown on chart above ...... note that it is now almost flat and may start to trend down ...... and RSI shows as over 80 which indicates seriously overbought ..... would want to see it no higher than 60

.

Shares Mag have GOL as buy, but before you do read previous posts & DYOR. :-)

haven't picked up my copy of the mag yet ..... Shares Mag has also promoted some stinkers in the past ...... I think SEO was one of those!

Cynic, I note your comment Re: Shares Mag on the SEO thread. Very magnanimous. Most things have to be seen in Context, to make a valid judgement. Please don't stop being a cynic though, we all need checks & controls in this business. :-)

i try to add some amusement too ..... would have said humour, but would have had few takers on that score

May see a loy of buys after share mag tip .

Not so far, but hope springs eternal :o)

Afternoon all.

FWIW, I notice that the name of Ambrian seems to pop up with increasing frequency in various news releases, e.g. in the Pangea float announced recently in Shares Mag, and in today's financial results released by Ariana Resources, for whom Ambrian is acting as house broker.

Clearly Ambrian are generating plenty of business and making a name for themselves, which augurs well for the future.

Of course, it would be even better news for my holding of Ariana if GOL had also taken a stake in the company, but I can't see GOL on the list of major shareholders, so I assume they're not involved or that their shareholding is very small indeed :o(

And Ambrian is also acting for the lovely Renesola (SOLA).

When do they change their name ?

Pass. After the AGM, whenever that is.

Name change takes place on the 14th of nov .

Now AMBR .