bosley
- 20 Feb 2004 09:34
jameshunt1985
- 27 Feb 2006 14:58
- 15181 of 27111
I think it was you Alan, who said that traditionally the price always fell initially after the results were issued. Being inexperienced and wanting to maximise any meagre profit I could make, Does anyone think it would be wise to sell on a high today and reinvest at a lowish point tomorrow, its risky I know, but if traditionally it always falls on results day, is that a big risk to take?
Any ideas?
Hunty
Biscuit
- 27 Feb 2006 15:06
- 15182 of 27111
Why pay your broker twice? If you've done your homework and are a true investor, buy and hold, that's the real way to maximise your profits. If not speculate as much as you like but it will be your broker who's maximising his profit.
hewittalan6
- 27 Feb 2006 15:07
- 15183 of 27111
Never said traditional, Hunty. It just seems to happen an awful lot to most shares. I've never researched it but it seems to me that poor results or results at about expectation cause a small fall, and results better than expected cause a rise.
Most results are pretty well known in advance these days so most seem to be exactly what analysts have been forecasting.
Its a huge gamble to take and one I would counsel against, as the dealing costs and spread make it more necessary to have wild swings.
I also think alot of research has shown that on average, trying to time the market is a bad idea.
I goof around with my investments and often try to put a stop loss in place around 5% lower than closing price the night before results, to protect myself from very bad results, and allow me to buy back in, increasing my stock for the same money, but like all strategies, sometimes it works and sometimes it doesn't.
Much cleverer people than I get burnt trying that sort of thing, and for tomorrow, I am going to sit on my thumbs and wait for the dust to settle to make any kind of decision.
Up to you.
Alan
jameshunt1985
- 27 Feb 2006 15:07
- 15184 of 27111
yeh good point cheers for that, theres always that darn comission to account for!!
EWRobson
- 27 Feb 2006 15:40
- 15185 of 27111
Hunty. I think the argument applies primarily to share that has been on an up-trend prior to results. The results then tend to bring about profit-taking even if they are up to best expectations. In that case, not a bad approach to sell in advance and possibly buy back in. In this case, there is unlikely to be much hot money in the shares. The discussion above suggests that there are unlikely to be surprises which would appear to imply steady as she goes share price. The contra argument arises from the chart which is really looking for a break-out, either N or S. Which way? - you pays your money and takes your choice. I find it a difficult call to make, thus the rather painful, and unusual, fence-sitting exercise!
Eric
Fred1new
- 27 Feb 2006 17:02
- 15187 of 27111
The trouble with stop losses, especially when placed to close to the overnight price, is that the MMs can boost their trades by dropping the price on the results publication, triggering the stop loss and then raise the price after a short period of time before the market has evaluated the information.
I have been trying to work on stop losses and am finding it a lot more complicated to get them correct than I originally thought.
EWRobson
- 27 Feb 2006 17:16
- 15188 of 27111
Fred: an interesting observation. I have never done a stop loss, basically because you come across so many cases where someone has been shaken out: quite likely by deliberate MM action as you postulate. When I did enquire, in the CFD context, you could pay a double fee to have a 'guaranteed stop loss'. Given that a stop-loss does not otherwise protect you from a drastic fall its probably worth taking that course of action if any at all.
Eric
PapalPower
- 27 Feb 2006 17:17
- 15189 of 27111
If you take this earlier announcement on FDA approval and full commercial trials already happening, and then the recent Walmart announcement one saying certain excercises are being "fast tracked", very soon there could be some very good news which could have a big impact on H2 of the current financial year.
Posted on: Friday, 17 February 2006, 00:00 CST
Full U.S. FDA Approval Granted for Starpol 2000 Biodegradable Packaging Material
Stanelco (LSE:SEO), the RF (radio frequency) applications group, is pleased to announce full food contact approval has now been granted in the United States by the U.S. Food and Drug Administration (FDA) for all food categories for its Starpol 2000 biodegradeable packaging material.
This follows Stanelco's earlier announcement on October 12, 2005, regarding the food contact approval of its Starpol 2000 biodegradable packaging material, following extensive analysis and testing carried out by PIRA International (Packaging International Research Association).
Full commercial trials are now underway in the U.S. and further details of these will be announced in due course.
Howard White, Managing Director of Stanelco, commented: "This is a major step forward in taking our products and technology into the U.S. marketplace. We are excited about the prospects for Starpol 2000 as a global standard in packaging materials. We will update the market as our commercial trials take place."
hewittalan6
- 27 Feb 2006 17:22
- 15190 of 27111
My favourite bit of this is still;
We are excited about the prospects for Starpol 2000 as a global standard in packaging materials.
That is called aiming for the stars!!!
Alan
EWRobson
- 27 Feb 2006 17:29
- 15191 of 27111
Well done, Pope and Alan. I tend not to focus that much on Starpol because the number projection has been small compared with GreenSeal. However, the Wal-Mart progress is a direct consequence of the FDA approval and very positive. Good to keep the epckers up and thus enjoy a good nights sleep.
Eric
ssanebs
- 27 Feb 2006 17:57
- 15192 of 27111
i have been told starpol 2000 will overtake greenseal in 12- 18 months
sellsell
- 27 Feb 2006 18:03
- 15193 of 27111
ssanebs are you getting good vibes re results tomorrow and/or outlook statement?
cheers
EWRobson
- 27 Feb 2006 19:07
- 15194 of 27111
ssanebs Wonder what your source is, although you presumably assume it is good. Given that starpol is esssentially a commodity, I wonder whether to be elated by Starpol or disappointed with GreenSeal. How do you see the associated cap. for each product in 18 moths time. Perhaps that's a better way to ank the question.
Eric
Bugz
- 27 Feb 2006 19:13
- 15195 of 27111
ssanebs
It should hope so. One being a special seal solution, the other environmentally friendly plastic packaging. The latter clearly has a huge amount more potential than simply a seal which customers would have specific requirements for. Starpol can be used across the board for a huge amount of retail scenarios. I don't think Persco would be sniffing around if SEO only had Greenseal in the pipeline.
Definitely Starpol is the Tetrapak equivalent product-not Greenseal.
zscrooge
- 27 Feb 2006 19:57
- 15196 of 27111
Just a few observations with no axe to grind
evo - I would take a sceptical view of their recommendations on any stock.
ek - not beyond disinformation for own ends and has called it horribly wrong many times before
charts and zak mir - also called it wrong many times before. Is charting really relevant on such micro caps?
I have no view either way really on the share.
explosive
- 27 Feb 2006 20:11
- 15197 of 27111
zscrooge - lets hear you call it then....
aldwickk
- 27 Feb 2006 21:28
- 15198 of 27111
One of the best uses for charts is for trading mostly blue chips, thats why Zak Mir advises CFD firms like Blue index who trade on tight stops.
EWRobson
- 27 Feb 2006 23:13
- 15199 of 27111
zscrooge: Don't see SEO as a micro cap, whatever your definition. More a fundamentalist than a chartist but you only need to study the charts and you can see, at least in retrospect, that the charts are a good trading tool. Used Blue Index last year; Zak Mir was consulted on SEO and he gave useful interpretation of chart pattern which essentially proves my point. In fact, your evo comment is also a sweeping generalisation. I find their analyses generally helpful although, unsurprisingly, it varies by analyst. If you access their site have a look at Alizyme where their analysis is very relevant in terms of the forecast model applied.
Eric
jameshunt1985
- 28 Feb 2006 00:14
- 15200 of 27111
Ok just off to bedfordshire but before then I am going to make a wild predictiction as to how the share price will react. Have absolutely no idea, but for comedy value I'm gonna make a prediction...
A drop initially to 14.75, 15.25 by lunch time ending at 15.5 at close of trading...
Anything higher, then first round is on me for anyone living in or near Leeds!!
Hunty!