Crocodile
- 11 Jan 2004 12:09
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Addeco Europe's leading employment
agency delays 2003 results due to 'accounting issues'
J Sainsbury said its underlying UK sales growth was
just 0.1 percent in its third quarter as major investment in systems and
distribution centres disrupted sales.
The performance of the UK's third biggest supermarket chain by market share
is likely to fall well short of its rivals such as William Morrison which
reported a 10.2 percent growth in the last six weeks. Sainsbury suffered a
0.2 percent drop in like-for-like sales in the second quarter, and analysts
had hoped sales would rise by as much as 1.2 percent this time.
Davis has also conceded that the retailer will need to cut prices in the
summer to keep up with low cost rivals such as Tesco, second-ranked Asda
WMT.N and Morrison.
Standard Life says its in talks with the FSA ???
Pace Micro said it swung to a
first-half pre-tax profit from a loss a year earlier, as it shipped more
digital TV set-top boxes in Asia Pacific and continental Europe.
They said profit for the 26 weeks to November 29 totalled 1.1 million pounds
from a loss of 15.9 million pounds a year
Ted Baker fashion chain said sales for the Christmas
trading period were 23.7 percent up on the previous year and retail gross
margins were in line with those achieved last year. The firm added it
remained confident of a positive outcome for the full year.
SIG Plc Europe's biggest distributor of insulation
products said it expected to post 2003 profits ahead of market expectations,
on the back of record sales.
"Record sales achieved in excess of 1.26 billion pounds an increase of nine
percent on prior year," it added.
Photo-Me International photo-booth firm reported an
eleven-fold rise in first-half profits on Monday and said results for
2003/04 would beat market forecasts.
TBI Uk airport operator said the number of passengers
passing through its four European airports rose 16.2 percent in the third
quarter of its financial year. It has recently attracted bid interest from
Germany's biggest building firm Hochtief
Mentmore storage services firm said it had received a
number of other approaches after it said last month it had received one bid
approach.
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United States
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Europe & World (GMT |
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Pace Micro (I), Photo-Me International (I)
Sainsbury Trading Update,
SIG Trading Update
00.01 CBI Financial Services
Survey
09.30 Dec PPI Input m/m 0.1% exp.
09.30 Dec PPI Output m/m 0.1% exp.
09.30 Nov ODPM House Prices y/y
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Magic Software (Q4)
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Lufthansa (Traffic), SAS (Traffic)
11.00 Nov German Industrial
Production m/m 0.6% exp.
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ThePlayboy
- 12 Jan 2004 07:15
- 10 of 29
Croc-loved the simplicity of the above chart:)
Re-traders meet just a question of getting the time, will try, if I can will post on the thread.
Crocodile
- 12 Jan 2004 07:37
- 11 of 29
Thanks TP, from our friend Tom Hoogard
Morning all!
Douggie
- 12 Jan 2004 08:24
- 12 of 29
mornin all
Melnibone
- 12 Jan 2004 08:53
- 14 of 29
Morning all,
Nice chart Croc.
I see 4450 is acting as the support at the moment.
I think, not sure without checking, that the last time
that the US had a big down day on a Friday that it took
it back again on the Monday.
No real market moving data out today, so it's possible that
the US will not follow through with another down move today.
So perhaps FTSE will just wobble around a bit until the US
does its thing.
Oil stocks did the damage last week, but they don't look that
weak today, and they are a big influence on the FTSE.
Melnibone.
Melnibone
- 12 Jan 2004 09:25
- 16 of 29
Picked some longer term SHEL up this morning.
I can't bring myself to ignore a 73 pence gap with
BP. as well as that huge gap on the chart that will
need filling at some point.
Also, the yield has gone back above 4%.
Melnibone.
Melnibone
- 12 Jan 2004 09:53
- 17 of 29
AZN still coming down nicely since I last mentioned it.
If it keeps dropping I've got support at 2550. If it breaks
that then it should suffer a nice tank down.
(no idea if it will break it, by the way.)
Melnibone.
Melnibone
- 12 Jan 2004 10:28
- 18 of 29
Keep having to stop myself treating my SHEL trade
as a day trade and take profits, so I'm logging off
to stop myself.
See you all when the US opens.
Melnibone.
Crocodile
- 12 Jan 2004 11:20
- 19 of 29
.
Melnibone
- 12 Jan 2004 14:47
- 20 of 29
Afternoon all,
FTSE 4450 still just holding.
Still in SHEL Testex. I want more than a couple of pence
scalp out of this one.
Melnibone.
Melnibone
- 12 Jan 2004 15:05
- 22 of 29
HSBA starting to look interesting.
At 870p it's only about 8p above the last higher low in the
middle of December.
Need to watch where the FTSE drops to. If the FTSE retraces
too far, HSBA could break that low and head off towards 840p.
The problem with that, would be that HSBA had turned from higher
highs and higher lows, to lower highs and lower lows.
Interesting times.
Melnibone.
Melnibone
- 12 Jan 2004 15:09
- 23 of 29
S@P has closed the gap open higher.
Now, hopefully, it will give the direction that it wants
to go before the FTSE closes.
Melnibone.
Melnibone
- 12 Jan 2004 15:42
- 24 of 29
It's a little early, as there's still an hour of trading to go.
But it looks like after a succession of lower highs and lows,
that GSK might make a higher low today.
What I really need is a higher high and low tomorrow, coupled
with a positve looking FTSE, to consider maybe getting my next
batch.
Still waiting for the right signals after jumping the gun last
time and getting in too early.
Melnibone.
Melnibone
- 12 Jan 2004 16:16
- 25 of 29
My CMC FTSE quote keeps spiking up above 4500.
Anyone else getting the same?
Melnibone.
Melnibone
- 12 Jan 2004 16:50
- 27 of 29
Thanks for the reply little woman.
I'm glad it's not just me.
I was actually getting quotes above 4510 as well.
Was tempted to see what would happen if I actually tried a short.:-)
But at what was obviously an incorrect quote, they would have
been well within their rights to cancel the trade anyway, so it wasn't
worth antagonizing anyone.
Melnibone.
Melnibone
- 12 Jan 2004 16:58
- 28 of 29
I see AZN teased me today. It got down as far as 2556.
Trend is still down, with lower highs and lows,
so we'll see what happens tomorrow.
Melnibone.