Armor group today produces spectacular performance and sets a milestone in quality security leadership throughout the world.

dikytree

Excellent news. I wonder if this contract win is on the back of the appointment of the ex-CIA bloke (after all he is a US connection). If so, it looks like he got he got his feet under the table pretty quickly!

rgrds
gk

I used to hold this but sold when it went stale, however, with its recent contract wins and the drop in the SP today it may be worth another look.

Armour group's fundamentals have been rapidly gaining over time - it has many contracts in place the future prospects are huge -- just happents to be suffering with only two brokers on the offer, same thing happened last time when Ab Amro's had a computer go down!

I am sticking this out even though it's past my S/L.

dikytree.

dikytree, any reason for the drop in your view ? as i said im out of these but would be interested if they drop below the price i paid last time..

jimmy b -

Management absolute tops - very forthright with investor relations - I have spoken to them about the volatility - and they say i'ts mostly due to only two brokers on the offer.

Relatively small volumes give wild swings, causing people to cash in, I'm holding 5k of these and will add as they increase!

One of the tip sheets -- can't remember which said ARG's earnings are comparable to Neteller ( totally different sector of course ) and will continue as future contracts are dealt with.

I don't believe there's any reason at all for the drop - just investors turning to traders!

dikytree.

Thanks for that, i think the tip sheet was scsw, about Jan time, thats when i bought.

Looks like it hit the bottom dikytree, on the way back now..

Yes jimmy b -- fudamentals still in place and improving -- didn't the market makers have fun!!!!!!!!!
Well done all those who held or topped up!!

I bought in to these again this morning, good value at this price.

Bought more! - Good recovery play - since price dropped by mm's for no reasons - increased contract activity - rapid response in the field.

dikytree.

Yes dikytree, not much action today though..

Action stations -- have they got more contracts?

dikytree:

Horrible day for me as I bought yesterday...!!!!!
The mm activities drive me mad.This is too punishing a drop for the message given out by ARG this morning.They have not said that they will run into a loss this year or anything BAD...in fact,they have opened a new office in the USA and have done very well (for a British company)in getting tenders in Iraq...yet the mms shove the sp down by nearly 20% even when buys outweigh sells.
I am sick of the seemingly irrational movement of share prices and their manipulation.All the tree shaking and price movements contradicting investor sentiment have made investing into a roller coaster ride where companies of true worth are ignored ,while companies that have'nt even produced anything yet see their share price allowed to go into orbit,forcing them to issue a statement claiming not to know why there has been the recent rise!!!
And who gets burnt...the ordinary,decent punter,who is just trying to ease his/her financial position and wants to provide for the pension pot.

Well,another good day for shorters I presume.

ethel

This is a very volatile stock that I have been into almost from it's launch. You will get bad days, but you will also get 5%+ rises for no apparent reason. Long term it looks like a good play - you were just unlucky with your timing. I would sit tight rather than cut & run (whoops am I giving investment advice).

regards
gk

A little comfort gallick,on a bleak end to what has been such a wonderful week for some others!!!
I agree it's a pretty volatile sp,and followers must be used to it by now.I'm just learning.
The savvy ones made a quick 15p profit on the swing this a.m.I noticed two big sells that went through after 2pm.Was that stop losses triggered,otherwise it was an untimely exit as the sp picked up afterwards.
I had NO idea that ARG was going to make this announcement and I think it was the use of "midterm" and 2006 that freaked the market.There is intense competition in the security world and I see now that tenders are the all important thing here.I hope that the remaining task orders are taken up before the results,otherwise I fear that I might have my money tied up for a while yet in this one!
Just hope that the support level stays here.The investors have time to digest this cruel sell off over the weekend and will hopefully return to this one.It only takes a new contract or two or three or four or .........

The massacre continues.I have become ill over this.Shorters'paradise,now through 180 and down.Horror.
Same sort of nightmare for Abacus holders.
As I don't do spread betting I am stuck in my situation.Have lost too much to sell now.My broker does'nt allow stop losses,hence my predicament.
LOL...Ethel

Recovery on the cards - looks like there could be substantial upside if the rise continues to return to the SP of a year or so back

Good point, GDP. I haven't looked into the figures lately, but have been eyeing this as a turnaround situation for a while.

Tell me please, have you seen any analyst recs or price targets out there?

ive been scouring them too - weighing up the potential upside.
I think everyone analyst etc has backed off since the collapse, perhaps a few were embarrased.
Thinking of taking the plunge before the Christmas break - maybe mix them witha a few more from CFU.

ive been scouring them too - weighing up the potential upside.
I think everyone analyst etc has backed off since the collapse, perhaps a few were embarrased.
Thinking of taking the plunge before the Christmas break - maybe mix them witha a few more from CFU.