bosley
- 20 Feb 2004 09:34
andysmith
- 30 Mar 2005 20:20
- 2370 of 27111
Agree with stockdog, 16.5p has been the resistance level for weeks and only a break below would be worrying!! Not really unless you only bought in the teens.
Any break back to 15p or lower and stock up folks, I agree with SD on sp movement although I think 50p during this year with major push on again towards a quid about this time next year when the market might really wake up to the earnings growth potential.
ethel
- 30 Mar 2005 21:57
- 2371 of 27111
Considering the bloodbath out there ,the drop in the sp was not too bad,although horrible for people like me who bought on the recent good news.
I really must stop worrying about a penny here a penny there and stop being so obsessive about this share.The potential is enormous,I must put my timeframe forward and keep the faith.Really,I should'nt look at this for years!!As it is,while we wait out our year I should trade in and out and then.....once this trial period is over we will see the sp rise and rise.
IGF
Ethel
EWRobson
- 30 Mar 2005 23:42
- 2372 of 27111
Out of action all day and logging in late to see red right down my portfolio plus watchlist - ugh! SEO is in fact better than the mean drop!
og: I liked the TA post including the argument that the bulls will win out. Should be good buying around 16.5p - the reason is not that this is a sort of intrinsic minimum value for SEO but rather that many traders are TAs, know the theory and this tells them to buy at the support level. Could it go lower than 16.5p as Markus asks? Probably unlikely - unless there is the drag from a dropping market and buyers are staying away across the board. Assume the buyers hold sway and the price moves to challenge the resistance level at 18p/18.25p. Sellers come back in and may cause another oscillation. Alternatively, the buyers are made of sterner stuff and this time, or next time, or the time after, through the resistance level the sp goes. Momentum carries the sp to a new level only really determined when momentum slows. Hope that little chat helps. Note that there is nothing magical about the chart, its primarily that investors, quite a lot of them, make decisions by the charts so that the theory is self-fulfilling.
Markus question re where the sp might go. I have made an argument on fundamentals previously that I will not repeat. But that was to determine a baseline scenario. There are no doubt factors that will effect performance that no one knows. Whilst I accept that it is reasonable to have a target sp, and EVO's figure of 30p seems reasonable (timing bos?), that doesn't mean I plan to sell at 30p. When the sp gets to 30p or appraoches it, I will weigh the situation - personally, I will sell a whack approaching that amount for my extension - but the people who make the greatest killing on SEO, and this is the important point, will be those who RUN THEIR PROFITS as andysmith will, for one (plus di, bos and other insightful people).
bos: wasn't successful in registering for EVO. You refer to pricing arrangement being favourable to ASDA - could you report, previously, what was said about pricing? But I do suggest that this ASDA deal, almost regardless of the pricing, is beyond SEOs fondest dreams 12 months ago. Whatever the numbers, the deal will revise up their forecasts of penetration of the market and therefore revenue and profits. We have been discussing TA and I accept its importance. But the value of SEO in one years time or two years time (or even 40) will depend on the fundamentals, not current TA, and that means the revenue, pbt and pe forward profile. The fact that SEOs price has not moved forward is primarily a measure of the disdain, or inadequacy, of the market to properly explore such fundamentals. I hope and pray that Shares will do a decent job tomorrow!
Eric
markusantonius
- 31 Mar 2005 00:32
- 2373 of 27111
Eric, Noticed that the DOW and NASDAQ both rose significantly after our own Closing Bell sounded. So maybe this'll be the jault which the FTSE needs to kick start again? - across the board, I mean......
stockdog
- 31 Mar 2005 09:03
- 2375 of 27111
We assume you're riding on a tray lid, not a broomstick. But with your canny knack of getting in early and selling out high, only to reinvest lower down, I do wonder sometimes!
SD
stockdog
- 31 Mar 2005 09:23
- 2377 of 27111
Can't wait!
EWRobson
- 31 Mar 2005 12:15
- 2378 of 27111
I can here the panting!
A further request to bos or anyone who has seen the evo figures to post them on this thread, please (broker hadn't seen them - why were they not in an RNS?).
Eric
bosley
- 31 Mar 2005 12:45
- 2379 of 27111
afternoon all. nice to see a bit of blue for a change!!!! my screen has looked like some kind of gory medieval battlefield lately.
eric, i had trouble registering until i remembered i am md of bosley inc. ltd plc. :) looks like 17p support is true.
stockdog
- 31 Mar 2005 18:23
- 2381 of 27111
Excellent bit of consolidation around 17p to give us the solid launch pad for the next trajectory where no man has ventured before.
Extraordianry day all round, half my (too many) holdings issued accounts or significant RNS news, all the red mist of the last week has lifted and I suddenly look around and find myself very nicely positioned thank you in a number of areas. Great little buying spree early this morning just added a nice edge to watching the SP's perk up all round.
SD
Poverty
- 31 Mar 2005 18:49
- 2382 of 27111
Woof Woof!
stockdog
- 31 Mar 2005 19:43
- 2383 of 27111
I would normally say Paw Paw to you, Pov
bosley
- 31 Mar 2005 22:41
- 2384 of 27111
eveing. a good day today but it has been spoiled for me by the lack of a mention in todays shares mag. i would have thought that as seo was a play of the week, and also featured in their blue sky portfolio , that another update was due today after the asda deal details had finally been announced. ho hum! maybe next week.......
EWRobson
- 31 Mar 2005 22:45
- 2385 of 27111
This is a really serious post to my friends on the SEO bb. First, look at the chart - there is a triangle formation which I feel as confident as (you name it!) is a precursor of a break north. Second, more speculatively, the break will come on or about Monday, 18th April: this is when the triangle will be 2/3rds of the way to the apex (latest date). Third, the movement will more or less match the move from 6p to 16p (arithmetically not geometrically), i.e. from 18p to 28p. Nor will this be the last move, but the market will then pause for breath and await confirmation of projections.
TUC (Trust Uncle Eric). TUAW (top up and wait). And enjoy!
stockdog
- 31 Mar 2005 23:10
- 2386 of 27111
What can I say - SWFL already
SD
bhunt1910
- 31 Mar 2005 23:56
- 2387 of 27111
Thanks Eric - I think you should start charging commision !!
hari
- 01 Apr 2005 08:02
- 2388 of 27111
I run an Investment Club, and will in the next couple of hours be buying a further 27000 to add to the 33000 that we aqlready hold
bosley
- 01 Apr 2005 08:41
- 2389 of 27111
morning. you sound very confidant , eric. hope so.
i must apologise to shares mag. we do get a mention, page 32 "dollar holds the key" article by timon day. he concludes that it is wise to reduce exposure to high risk blue sky stocks. he suspects that the best is over for dat group (and dis group:) :)) and SEO!!!!!! would shares mag class that as topping off advice or sell advice?
oh, and seo are also in the table of new highs, pg 34.