Will only cover stocks bought in the present month the last thread was getting too big and weighted down by one argument on one company. seperate threads are set up for each company from the old thread.

Buys this Month.

Telecolm Plus Results due Friday and has made an excelent start as a new buy. Now through the important 350p resistance barrier.

Sci Entertainment Another company which has an update coming and is up on the buy price. Latest trading update mentioned sales well above budget.

Bema Gold A little gem of a gold miner and has surged on the back of the increasing POG, star of the Month.

Thistle Mining A speculative punt and one which leapt 41% in one day on back of new drilling results. I lopped the top of this one when increase from buy was circa 34%. Rest left in as a gamble on POG.

Caldwell Investments Nothing Spectacular here but still up on buy price. If its good enough for Jim Slater and Evil Knievil, its good enough for me.

CardPoint Latest buy and just ahead of buy price. Been tipped by the Red Hot Penny Shares and also Citywire.

Stocks On The Watch List

Wolfeson Micro, Radstone Technology, Proteome Sciences, Fulcrum Pharma, Severfield Rowen, Deltex medical, M L Labs, NAP - Porvair.

Any comments on the portfolio welcome.

cheers GF.

Well at last some serious debate from thirdeye and much appreciated it is aswell.

I hope Ofex is a big hit , it can only add competition to Aim and surely thats going to be good for both market places and the CONSUMER us.

cheers GF.

Andy

I think it will all happen, the critics have made valid points, Ofex will become as AIM is now if not better if (Likely) the new European legislation takes place.....in fact I think that is Why Simon Brickles has moved, as he is convinced it will.

(See Ofex itself & or Ofex announcements for explanation of the European L)

I will say this, the Ofex site is appaling. Thirdeye anyway you can influence mr Jenkins to upgrade it?. Its just not investor freindly and doesnt send out a good message for the new Ofex beginning.

http://www.ofex.co.uk/

cheers GF.

GF, ThirdEye,

I agree , their website is very poor, and desperately needs improvement.

With regard to the Europeans, yes this could well be the reason why everyone is getting into position, the AIM will be finished if they have their way, and it will either be LSE or Ofex.

Personally I cannot see why they want to do this, all the UK markets seem to be in order, and IMHO there's no compelling reason to regulate AIM any further than it already is.

Andy

Indications are that they will have transparent bargains buys & sells just like AIM with Level 2 etc, so I would have thought an upgrade would be on the cards.

Hi GF
Don't know if you're still holding IDD but interims due next Thursday 18th Dec -do you have any idea on what to expect? Also, I DID buy Northgate and on the same day as great results came out, prompt suspension of trading as they're involved in a reverse takeover which if successful, takes them into the FTSE250 but am with bated breath until suspension lifted to see what shares do.
Would appreciate your feedback on IDD (and on NIS if you have one!)
Regards
Anna

GF - Do you think Cardpoint is a buy before the W/E !!!

Blois , sorry mate been out all afternoon at a clients xmas party just got back now. Cardpoint as an excelent management and growth is fantastic, I would buy it at anything under 110p.

Hi anna, I D Data still holding just, and getting a little frustrated but it would be daft to sell before the results. I am hoping for those Bank contracts to be included in the results, if we dont get them then I may sell.

On Northgate I S, I am rather bullish and I know it as had a bumpy past with defered contracts etc, but Tom Winnifrith and more importantly Colin Blackbourne are massive fans and continue to pump the stock and quite rightly.

I also rate Joanne Wallen as one of the better tipsters around and this is her summing up on the stock.............

Tip Update: Northgate Info transformed by Rebus deal

Published: 10:39 Thr 11 Dec 2003
By Joanne Wallen, Associate Editor
Email to a friend


Anyone that followed our tip of Northgate Information Solutions last year should be pleased following yesterday's better than expected results and news of a 'transformational' acquisition that will double the size of the company.

Shares were suspended yesterday at 51p pending the acquisition of Rebus, a personnel software company that processes some 30% of the UK's payroll. Citywire tipped the shares last year at 26p, and highlighted the opportunity again after they fell in January following a profits warning, to 20.25p.


Northgate, which last year sold its healthcare software business to Isoft (also reporting strong figures yesterday) has taken an exclusive option for 5 million to acquire Rebus HR Group for an undisclosed amount but one that would value Rebus, including debt, at around 150 million. At the time of suspension this morning, Northgate's market capitalisation was just over 148 million.


Due to the size of the two companies and their respective earnings, the transaction would be handled as a reverse takeover.


As Citywire has reported, Northgate chief executive Chris Stone has been looking for an appropriate acquisition for some time, and he is extremely 'excited' about this one.


The company did make a couple of small purchases earlier in the year, including emergency services software provider Blue 8, Cara Payroll Group and Hays Consulting & Solutions, and today's results for the six months to October show some of the benefits of the increased business.


However, if the Rebus deal goes ahead, it will clearly make a huge difference to the scale of the business.


After the disposal of the healthcare business, Northgate said it would focus on three core areas, human resources (HR), local government and the emergency services.


If the acquisition goes ahead, it will combine Rebus with its existing HR business to give it significantly increased scale, and says it has identified some significant cost savings.


On the trading front, Northgate has recovered well from concerns at the beginning of the calendar year with a strong first half to October.


Turnover was up 28% to 50.6 million, including a 7.4 million contribution from acquisitions. Operating profit from continuing operations, before exceptional items and amortisation of goodwill, rose to 2.4 million from 1.2 million and adjusted basic earnings per share were up 66% to 0.73p.
Unlike the beginning of 2003, when Northgate issued a profits warning because contracts it expected to close by its year-end were slipping, the company said that during the closing weeks of the half-year 'a number of significant contracts were signed earlier than expected.'


Citywire Verdict:


The company now has a strong position in each of its three main markets, police/emergency services, local government and HR, with plenty of organic prospects in each.


Clearly the acquisition of Rebus, if it goes ahead, will take some digesting, but it will transform the HR side of the business.


Northgate owned the significant healthcare business until last year, so there is no reason to suggest that it will not be able to adequately adapt to the enhanced scale of the business including Rebus.


At the suspension price, the shares were trading at just 12.6 times next year's earnings, so with the addition of Rebus they are likely to gain considerable momentum when they start trading again. This may present profit-taking opportunities, but I would seriously consider holding onto a stake for what should look like a healthy longer term proposition.ENDS.

Certainly a hold, and maybee an add. Best watch what it does after coming back to market.

See our helth/bio stock is coming in range of buying , just a couple more pence.

Have a good weekend all, and dont get too drunk. Wait while xmas really starts.

cheers Goldfinger.

Hi GF
Thank you SO much for all the above - yes, will wait for IDD results and just hope its not something that will send the price further south; and there seems to be mixed opinion re Northgate of which the bones are that even if not good short term when the suspension is lifted but great for long term.
And no, haven't bought DEMG as just don't have the cash flow but that should change in the new year.
Enjoy your weekend - I'm making no promises about not getting drunk!
Regards
Anna

PS Just read the doom and gloom re the bear view of the market by Michael Walters on this site - see what you think....

Whoops, sorry I meant Michael Burke

Goldfinger thank you for all your share picks I hold CUC, AKO,CYH, ECK and EVT and have high hopes for all of them. I like the look of DEMG, TTG ,CASH, DFD and
PTO. I just wish I could afford to buy them all. What is your opinion? I follow your threads with interest and enjoy all the friendly comments.

Markets should be well up tomorrow. Good luck to everyone

M+,

Maybe they will, but the "Saddam bounce" will be shortlived i think, then the market will return to their former selves.

My take is gold will be down, as will oil, and other minerals, and techs and the rest will have a good day.

I just can't see it lasting long, the troubles in Iraq are still there, and won't go away just becuase he's been captured, although they may eventually cease earlier now he's out of the equation.

I'm glad i don't hold any shorts though!

Hi anna, thanks for your reply.

No I havent seen the report fom this Bourke Guy, but I can probably predict what he is saying. I always beleive there is two sides to the coin and bourke is pumping his. These shorters tend to be very inteligent brainy people very much wraped up in what they are doing, and thats the problem as they dont seem to be able to see ' both sides of the coin' and cant move from their stance.

Gladly Evil Knievil can, and one of the main pointers which promted him to move from a Bear stance to a Bull stance on the markets was the World Ship Freight tonnage rates which abour 8 weeks ago had moved up massively showing that the World Economy was on the move again.

I say well done Evil and well done the World. I beleive we will have a rocketing market in the morning and I think we all know why.

Cheers goldfinger.

Hi Moneyplus glad to see you hold some of mine, but im not going to dwell on that, I just ask everyone to hold a balanced portfolio go for a football 11 formation with a 4 4 3 at the moment.

3 attackers TMT stock

4 midfielders, service sector, chemicals, healthcare, envoiremental stocks etc

4 defenders, food manufacturers, food retailers, large oil and Gas suppliers, and utility companies.

This can be doubled up to two teams if you have a large portfolio.

It does help to offset risk and on bad days things dont seem to depressive.

Stick in there for the big rise in the morning.

Cheers GF.

Aimtrader I am glad you dont hold any shorts. I can just picture Evil Knievil on waking up to his alarm in the morning, I bet he cant get his shorts on fast enough around his ass lol.

I honestly think we will have a good three week period.

Good luck and cheers GF.

Hi GF - well we'll see what happens post Saddam-capture but for what its worth, the Michael Bourke item is still on the home moneyam page
Bye for now
Anna

Anna, just found it re- icebergs etc. Yup seen these kind of write ups many times in the last 6 months. What this guy is saying bottom line is that stocks are overvalued at present, but what he isnt seeing is the much improved growth rates that are coming through in both the US and here. 8.5% forecast US, 3% here.

When the earnings are registered the P/Es will fall back and thats why it is a stock pickers market at the moment. Lets face it all the ripe fruit were picked from the lower branches of the tree in early June to late July, but theres no need for concern within the markets. I do beleive we will see a rebasing in the early part of next year when the results start flowing through.

Theres also the exciting prospect of OFEX which I have now warmed to competing with Aim, which should give us more choice and greater satisfaction if they get there act together from May onwards.

cheers GF. Blimey its nearlly 4 in the morning, and I have to be up for 6.
Sees you.

WLF looks to have started a new up-leg. MMS desperate for stock, 10-20k regularly on bid much smaller on offer.

Yup just seen this and am pondering wether to Buy. I also see Danka another on my watch list as taken off today. Just wondering though if tuesday will be a throw off day but having said that for some reason I have put a message down that says quarterly spread bets expire tomorrow, I wonder if that will lead to a wave of shorters Buying back?. Any ideas on this. Cant remember where I got the news.

cheers GF