I missed out on this one from last rise, hopefully I caught it with the horns this time round...

Recently hit 2.67p...been slowly creeping down...

I think everyone on BB's made money except me...this time Im on the right side.

TA.

Jules99.

UPDATE -

Looking at charts today, Matalan requires to break into 200 dayMA towards 2.24p - after which a steady rise uphill looks very imminent.


Bought in prematurly a while back at 2.35, (as I missed big rise last time), however at 2.18p MATLAN is cheap as chips in comparison.

Good Luck to all..!!!

Profit warning from MTN today shares down 19% to 1.74.

Unfortunate, but now you know why it was as cheap as chips!

Deutsche = Buy
rgds aj

The problem with new threads is there is no history.

The orginal reason MTN went up was there had been quite a lot of takeover specualation that then fizzled out - and guess what - its back!

Ok anyone else been mad enough over the last few days to jump
back on the MTN train?? I bought in yesterday at 174p. Well all
the reasons why I bought the first time around are still potentially
good - could be brought out, taken private, merged etc.
Just have to wait and see - trading update next week.....But don't
expect miracles.

The market expects about 14 to 15p of earnings this year increasing to 17p next. So, fairly valued ignoring TO speculation.
Next time it gets over 220p I'm out though.

Agree with you brianboru - this is a real speculative one from
my point of view so I wont get 'creative' - although...if it's rising
strongly it could be tempting - last time I was supposed (according to me!)
to be out at 250p but held on for 261p!!
Nice to know there's someone else on this train too!!

Plodding back to break even....

We are moving up and currently over the 200p marker!
Great stuff but apart from the 'mutter from the gutter' element
that could be responsible for the rise - due to the MKS business,
anyone know of any other reason why it is currently back in fashion?
(Brianboru - you still holding these?)

keep hold bunny,look for the magic 2.60,,,cant say to much nudge nudge/wink wink you no it makes sence,
jamie wants to go and play .

brokers recommendation=NUMIS BUY=matalan with an increased price of 240p from 190p

tick,tick,ticking along, nice.

Dave - I may not hold on until 260p this time - did last time I know -
but I took more shares on board this time so it would be possible to
jump ship faster if I felt it a good idea...but I'm still holding for now!

tick ,and a bit.

tick,tick.whats the chance the dow goes blue ?

Hopefully it will (Dow blue) and the gains from this morning will either remain
or increase this afternoon. At least now the spread on MTN is better,
at one stage it was 207.50 to sell and 210.00 to buy - which is slightly
taking the do-da!

spot on bunny,with all this iraq business brought forward ,it well be good news short term.i mite change my target price 2.30/2.40 ish .other stocks waiting to be taken.

Yes that's the problem isn't it - there's several decent targets currently
to invest/trade in....I'm contemplating 229p on MTN but there again if it stalls
at 220-odd I may be tempted, that still delivers over 40p per share profit.
Mind you I don't think we will get that lucky today...needs a bit longer..
But all we can do right now is wait on the US Opening...

yes,it could take till the end of july/august for 2.30.i have just come back from my local store , packed out , 18 in a queue in front of us spent 80 on kiddy summer stuff.to full baskets for 80 quid,,a real deal.