morning all.good news for william hill holders for which i am one,,,,,,,going well.any cash holders on here{cardpoint}seems growth will carry on with these recent contracts,and share price down over 10% since i last thought of buying.one for a long term i think,let the hunt for a happy price begin .an opportunity to good to miss.

Midday report

Took +2 from ICI intraday, lobbed FIB -9, lobbed BRW -3 and added AQP. Not the best day, but still showing tinges of blue.

Big Al Tullow took over African Energy a few weeks back. They hold 20% of the Mauritanian Adventure.

The price of Tullow does not yet reflect that as far as I can see. May be worth a punt for when it is noticed by the media in my opinion but I will look for at least the days low again.

sw - I looked at TLW the other day. It's done quite well recently. It's done what I think PLR should. Serves me right for thinking!!

Wrong chart looked at.
Looks on the up.
Difference between PLR and TLW is that PLR play mainly closer to home so both in one packet does not leave all the eggs in one basket.

There will be a bounce for all if OPEC do withdraw the increased production promise.

(Nearly convinced myself there!)

PLR 2 trades totalling 7.5 million sell. Needless to say the price has dropped a bit.

Thanks for letting me know I'm losing there! LOL

Went long SBT at 100p. Hopefully had a pullback and ready to resume upwards. Will lob if 98p goes.

Me too with PLR but what the heck.

I understand oil has spiked in respect of the price which when it filters through, up these oil stocks will go.

All, of them!

sw - holding because technically it could pull back to these levels. Think I'd really worry if it got solidly below 125p.

My WHT short ticking nicely again today.

Big Al.

Jumped out of HNR too quickly yesterday, but you never know how long the up will last with good news.

Still profit is profit!

SBT looks a good long prospect.

Bookies never lose!

sw - money in the bank cannot be lost.

Exactly what I do with surpluses.

Bank it and forget it.

Too easy, as I used to do to reinvest it and tie it up.

afternoon all,big al your right it safe in the bank!!!!!!!!!until tht inland rev want there cheque,allright seawall how`s trick`s.

Pretty good.

Some winning some not.

See WLW, definitely on the fall.

BFP also, but I think it has gone far enough.

Did you recover your ground on SBRY? Looke dto me like you may have done.

Went short a few MGCR towards the close. Feel it's definitely rejected resistance and would like 140p tomorrow!

Dave - you'll never go bust baking some cash!! ;-)

b,a.,seaw .whats your views on mtn.

MTN will never go bust!

Could be on the bounce by the look of things. Yahoo Bizz have resistance at 260p

Valuation using Matalan plc 's current multiple (P/E):

Fiscal Year Est Low/High Price Range Avg. Est. Price % Change for Average
2005......................210.56-330.88............ 270.72.........30.29%
2006......................204.92-394.80............ 306.44......... 47.48%


Above from MSN Bizz

Looks like there is some slack in the price, not one I follow though!

Dave - made a bucketload on MTN last year on bid rumours. If I remember, 206 - 258p, or close. Did trade it intraday earlier this year when it was languishing around the 160-175p mark. Kind of took my eye off it for a bit and see it is up and away again.

My local one is always mobbed, but not sure how their margins are. Goods are very cheap.

cheers al,yes i have more intrest in it my self now up over 30% for us 4,we my now sell for 2.30/2.40 ish who no`s,,,,are sell price was 2.60,make just over a quid on each share.