Crocodile
- 22 Mar 2004 22:03
UK PreMarket Futures |
FTSE -3 |
DAX +10 |
DOW +25 |
S&P +2.3 |
Nasdaq +6.5 |
News: |
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All US Major indexes fall heavily as investors
react to international news, including Hamas leader
killing.
FTSE futures are just negative but I expect a
bounce into the blue.
Electrocomponents said it expected
full-year profits to rise around 5% to 106 million pounds after the economic
backdrop in its major markets improved.
Bloomsbury Publishing / Harry Potter
reported a 38.3 percent jump in annual profits to 15.38 million pounds on in
line with market expectations.
MFI Furniture
Group said sales fell four percent on a same store basis over its key trading
period due partly to a lack of new products. It said bedroom furniture was
particularly weak
EMAP see improvement in the advertising
market with volumes rising approx 9%
Beazley Group Lloyd's of London underwriter
reported full-year figures 10% ahead of expectations with a profit of 17.1
million pounds and said it expected strong underwriting conditions to continue.
SABMiller the world's second largest brewer
said its underlying beer volumes rose just over three percent in the first 11
months of its financial year while its operating performance remained strong.
House of Fraser reported a 11 percent rise
in 2003 profits towards the top end of market forecasts at 27 million pounds, It
said it was well placed to better performance this year.
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Calendar:
United Kingdom |
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United States
(GMT) |
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Europe & World (GMT) |
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Lok'n' Store (I), MJ Gleeson (I), Alltracel Pharmaceuticals (F), Autologic
Holdings (F), Beazley Group (F), Bloomsbury Publishing (F), Corac Group (F), DCS
Group (F), Development Securities (F), House of Fraser (F), Intelligent
Environments (F), Surface Transforms (F), Unite Group (F), Universe Group (F)
Teesland (EGM), Tissue
Science Laboratories (EGM)
MFI Furniture Group (Trading update)
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Family Dollar Stores
McCormick & Co
Goldman Sachs |
Leoni AG, Wedeco AG Water Technology
Kontron AG, Karstadt Quelle AG
Le Carbone Lorraine, Teleperformance Societe
Rochefortaise, Sopra Group
NA Ipsos
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Melnibone
- 23 Mar 2004 14:39
- 12 of 18
That was annoying, my mental take profit stop kicked in
on OOM. I was hoping for greater things than that.
Still, 2% isn't bad for a few hours work. No point in giving
Lady Luck the hump by declining her gifts, just bow gracefully
and say "Thank you very much, please call again."
Had a strange experience with that one, I could bring an order
ticket up for anything except OOM. Had to close by phone in the end.
Anyone else having problems like that?
Again this shows the value of discipline.
It takes all emotion out of the trading process,
a winning position never turns into a losing position,
you invariably get to take back your position at a lower price.
Melnibone.
Douggie
- 23 Mar 2004 14:50
- 13 of 18
Melnibone please keep thinking aloud as in post 10 great help to folk like me new round here who know nowt, great to some insight into what others are thinking. do hope to get on a course somewhere soon thanks D.
Melnibone
- 23 Mar 2004 14:58
- 14 of 18
Don't do yourself down Douggie,
We all know something.
What we need to admit to ourselves is that we are all
constantly learning and there's plenty that we don't know.
I learn a lot from other more experienced traders on here.
Glad my musings are setting off some trains of thought for
others.
Melnibone.
Douggie
- 23 Mar 2004 15:53
- 15 of 18
thanks reply Melnibone not realy puting myself down (no offence) but am very aware how little I know, not afraid to say so, and take every oportunity to learn all I can from other posters. allways look forward to yours thanks again D.
Douggie
- 23 Mar 2004 15:53
- 16 of 18
KEAYDIAN
- 01 May 2006 17:15
- 17 of 18
LONDON (AFX) - House of Fraser PLC said it has received a 'very preliminary approach' that might lead to a takeover offer for the UK's third largest department store group.
The retailer did not name its suitor but AFX News understands the tentative approach has come from Baugur Group, the acquisitive Icelandic group that last month purchased a 9.5 pct HoF stake in a 'dawn raid' orchestrated by Merrill Lynch.
A spokesman for Baugur declined to comment.
In a brief statement HoF said: 'The board of HoF notes recent press speculation and confirms that the company has had a very preliminary approach that may or may not lead to an offering being made for the company.'
The retailer made its statement after The Business newspaper said on Sunday HoF had hastily convened an emergency board meeting on Friday, prompting speculation the department store group faces a new takeover approach.
HoF, which has been pursued by several suitors in recent years, ended takeover talks with Apax Partners, the private equity firm, on March 17.
Baugur is no stranger to HoF's share register. It acquired a 10 pct holding from 2002 to 2003, before exiting with a tidy profit in 2004.
The Icelandic group also owns a 10.2 pct stake in Woolworths Group PLC the variety store retailer, and a 13.7 pct stake in French Connection Group PLC, the fashion retailer and wholesaler. It also owns a raft of UK retailers, including the Iceland supermarket chain and Hamleys toy store.
HoF shares closed Friday at 119 pence, up 3/4 pence, valuing the business at 281 mln stg.
Baugur paid up to 135 pence a share for its HoF stake. This means under UK takeover rules any takeover offer would have to be pitched at this level or above.
KEAYDIAN
- 01 May 2006 17:18
- 18 of 18
OOPS, SEE HOF THREAD