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Traders Thread - Tuesday 18th November (VOD)     

Crocodile - 17 Nov 2003 22:47

Premarket Futures FTSE +25 DAX +25 DOW +16 S&P +1.6 Nasdaq +3.5

1 Day 2 Day 5 Day - UK News

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FTSE 250

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FTSE Small Cap

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FTSE TechMark

1 Day 2 Day 5 Day  Futures  US News

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Nasdaq 100

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S&P 500

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S&P Futures

DAX / CAC    Euro News

Nikkei +110   Hang Seng +46 Asia News

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10 Year Bond

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U.S. stocks closed off their lows Monday but still in negative territory for the sixth out of seven sessions, as investors continued to take profits and in response to international terrorist attacks over the weekend.

Vodafone reported a 19 percent increase in first-half underlying earnings and announced a 2.5 billion pounds share buyback programme. Earnings rose 19 percent to 6.62 billion pounds, compared with 10 analyst forecasts ranging from 6.15 billion to 6.78 billion. The interim dividend rose 20 percent to 0.9535 pence.Burberry posted higher than expected first-half earnings growth and appointed Stacey Cartwright as new chief financial officer to replace Mike Metcalf. The company notched up a 21 percent rise in earnings to 66.9 million pounds, up from 55.1 million last year.EasyJet reported a worse-than-expected 28 percent fall in annual pre-tax profit but said it was cautiously optimistic about its performance this fiscal year. They said its fall in pre-tax profit to 52 million pounds for the year to September 30 reflected the Iraq conflict in the first half, the costs of integrating the acquisition of rival budget carrier Go and other one-off items.

Dixons said it had seen no pick up in the pace of sales growth though profit margins were still slightly ahead year-on-year. Some analysts had expected sales growth to have picked up since the September trading update.

GWR radio said its first-half profit climbed on strong local advertising, with the improving trends expected to continue in November. The company, which owns Classic FM, said pre-tax profit for the six months to September 30 was 6.4 million pounds from 2.2 million pounds in the year-earlier period. "Group radio advertising revenues were up by 16 percent year on year in October and at this stage we expect that these revenues will be up by 9 percent year on year in November," the company said in a statement.

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600 Group (I), Burberry (I), CML Microsystems (I) Detica Group (I), Glotel (I), GWR Group (I) Imagination Technologies (I), Intelek (ITK.L) James Cropper (I), TBI (I) Victoria (I), Vodofone Group (I), Whitehead Mann Group (I)

Easyjet (F), Enodis (F), Viridian Group (F) Wigmore Property Investment Trust (F)

Alea Group - IPO trading date.

Profile Therapeutics (Update), HICP for October RICS Survey for October, Retail Price Index for October

Home Depot Inc.

1:30 Core CPI Oct - 0.1% 1:30 CPI Oct - 0.2%

Air France (Q2) after its merger with KLM Finnair (I) Wednesday Credit Agricole and Swiss insurance firm Zurich report quarterly numbers

Croc@SnappyTrader.com  WWW.SnappyTrader.com

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Melnibone - 18 Nov 2003 10:49 - 19 of 34

Ref MKS, the shares came back from 2000 due to the recovery story.

Feeling now is that this has ran out of steam.
Knitware is a problem as seen in recent articles.

Results in clothing were due to squeezing suppliers
margins and profits, not sales growth.

Food sales will always be fighting Tesco et al.

Furniture sales? I don't believe the hype.

This is not a bad company, but the market wants growth
or it will rate it as a yield type utility.

Just my own opinion, so doesn't mean that it is right.
The market will show us its view via the chart.

Melnibone

Melnibone - 18 Nov 2003 11:04 - 20 of 34

Bears are really getting stuck into LLOY today.
Wonder how far they'll take it down?

Time for a coffee and finish re-laying my living
room carpet.

See you all when the US opens.

Melnibone

ajren - 18 Nov 2003 11:50 - 21 of 34

Nov 18-Vodafone

Interim results -7 a.m.
Parts 1,2,3,4,5,6.

Nov 17 - Director Shareholding

little woman - 18 Nov 2003 13:16 - 22 of 34

Off now for the rest of the day until late.....

If I don't drop by late, back at Wed open.

Melnibone - 18 Nov 2003 15:44 - 23 of 34

Well, MKS has now hit the 270p support.
It spiked below this for a couple of days last March,
but to all intents and purposes this is the March lows.

Now to see if it holds.

Melnibone

Melnibone - 18 Nov 2003 15:46 - 24 of 34

AVZ testing 400p support again, trouble is Spitzer
is still on the warpath.

Melnibone

Melnibone - 18 Nov 2003 15:48 - 25 of 34

Dow and S@P have filled the gap open, now we'll find
out where the US really wants to go today.

Melnibone

zarif - 18 Nov 2003 16:00 - 26 of 34

just to say hello to you melnibone as havenot spoken to u 4 a while. I have this gut feeling that it might slip lower and test the 9625 area. Anyway i hope it does as my shorts will sing if not dance.
meanwhile letting the market guide my moves.
rgds
zarif

Melnibone - 18 Nov 2003 16:19 - 27 of 34

Hi Zarif,
You should always let the market guide you.
The market is never wrong, it just is the market.

For the DOW and the FTSE to advance, the S@P
needs to get above 1050 again.
Until then, I'll just do the same as you and mainly
keep scalping intraday.

Holding the one tempory long, BT.A, but if that doesn't
move back into the trading range soon I'll take the profit on
it and forget it.

Melnibone

ajren - 18 Nov 2003 17:30 - 28 of 34

Ref :-mks

See tread i.e.Nov 17 they bought 1,000,000 of their own shares @ 280.6916

Melnibone - 18 Nov 2003 20:20 - 29 of 34

Just had a look at the US markets after getting my data
for tomorrow's FTSE trades.

As I posted this morning, it looks like the US markets are
dropping after the FTSE close.

Unless we get a late Bear squeeze it looks like a gap open
lower for the FTSE in the morning, with a sea of red on the screens.

See you all tomorrow.

Melnibone.

ajren - 24 Nov 2003 13:27 - 30 of 34

Appears - to me - to be good news

Proximus to offer Vodafone Services

Crocodile - 24 Nov 2003 13:29 - 31 of 34

Thanks JonP
Keep posting :-)
D,

Juzzle - 24 Nov 2003 13:40 - 32 of 34

Looks like some very heavy selling today at ULG. Directors or institutions dumping stock? Downward curve has been steepening lately. Anyone know anything?

13:48 Edit: Doh!
Thanks zarif. Will transfer message over.

zarif - 24 Nov 2003 13:43 - 33 of 34

Juzzle:
Just a polite note to let u know that u are posting on the 18th nov thread -please use todays thread 24thNov

rgds
zarif

ajren - 24 Nov 2003 13:48 - 34 of 34

I apologise rgds aj
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