bosley
- 20 Feb 2004 09:34
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.
bhunt1910
- 01 Apr 2005 09:55
- 2390 of 27111
Morning Eric - I agree with Bosley - you seem suprememly confident - and yours is a judgement that I have learned to respect. Am topping up my ISA's with SEO shares in anticipation of a rise over next couple of months - in for the long term now - just bought at 16.9 - not a price I thought we would see too often again.
Baza
stockdog
- 01 Apr 2005 10:08
- 2391 of 27111
Faites vos jeux, messieurs-dames. Rien ne va plus.
Actions Chien
EWRobson
- 01 Apr 2005 10:17
- 2392 of 27111
bhaza
Well done for that buy. If I did as well as feel I ought, I wouldn't need to charge commissions! But its good to see the TA in the light of improved fundamentals. My confidence needs a word of explanation. The understanding is that there is some concession to ASDA on royalties but only perhaps 5K per machine. Evolutions volume projections are between mine and andysmith's but their pbt is significantly higher. So we are probably talking about 1 per share in a year's time. Its not going to surge there in one go. But read an interesting piece in Traders (courtesy of seadog) which suggests that the run up in a bull stock is in even financial steps. Thus the 28p which ties in well with Evo's 30p projection.
I suspect Timon Day's article, referred to be bos, was written before the ASDA announcement. To refer to SEO as a high risk blue sky stock is inappropriate - the ASDA announcemnent, based on thorough trials, really takes the risk out of the equation. To be fair to him, he is speaking generally about the portfolio rather than specific shares. I would expect a more bullish article next week. Blue yonder rather than blue sky?
Eric
bhunt1910
- 01 Apr 2005 10:40
- 2393 of 27111
Just dropped again to 16.70 - lets hope it stays down at this price for another couple of days so that we can use next years ISA allowance to top up.
Bazza
ethel
- 01 Apr 2005 10:59
- 2395 of 27111
Is there any competition here or in USA for SEO's technology for sealing,or is it unique and protected?If the answer is yes then I see them as a takeover target.
Ethel
bhunt1910
- 01 Apr 2005 11:29
- 2396 of 27111
Share price is down again - yet no new news and very thin volumes. Fundamentals are sound - so lets hope the price stays low so that we can top up at the start of the new tax year.
Of course sods law says it will rise on Tuesday!!
Bazza
brain2brain
- 01 Apr 2005 11:36
- 2397 of 27111
Of all the shares I own this has to be one I have most long term confidence in. Have just bought my third tranche (16.25). It can head north any time it likes now.
Cheers
B2B
bhunt1910
- 01 Apr 2005 12:43
- 2399 of 27111
B2B - nice timing - I thought I had done well at 16.9 - but I have long term confidence in this one
brain2brain
- 01 Apr 2005 12:53
- 2400 of 27111
I hear the dinner bell calling. After that its the fence at the bottom of the garden. Keep an eye on my shares for the next 3-4 hours. I'll check on my profits just before close.
Cheers
B2B
EWRobson
- 01 Apr 2005 15:46
- 2401 of 27111
Good to see 2brains (!) making a good buy. Tucked some more away for the Mrs at 16.43p. What a one-way bet.
Thought you would be interested in the following extract from a letter to Shares. After all, my reputation is at risk - if I am going to set up in competition to Evil, I have to be right on this one, including the timing and the momentum! What adds interest is that the Evolution piece is by Tim Freeborn who wrote the Shares Play of the Week article last August.
"I think I am right in saying that Timon Days 'Blue Sky' article on 3 February was an attempt to unearth the ASOS of 2005. My own view is that that company is likely to be Stenalco. However, in this week's issue Timon appears to suggest that profits, the share has doubled since then, should be taken: 'it is never wrong to take a profit - especially one of this size in just eight weeks'. There is a counter-argument re running profits. Whilst there can be no general rule, the ASDA deal (which may post-date the article) makes a case for the SEO sp to disappear into the 'blue yonder', rather than be slightly damned with the faint praise of 'blue skies'! There was a compelling article on Stenalco as a Play of the Week on 19 August, 2004 and it would be helpful to have this brought up-to-date. Evolution forecast earnings per share of 3.3p in 2007 and claim that 'they have tried to make their forecasts conservative'. Given the ASDA comment that 'this could be the biggest thing in packaging for years', the obvious attraction to Wallmart and the competitive structure of the food supply industry, the figures could be heavily under-stated. Could we have a thorough review taking into account the Evolution analysis, please.'
Eric
Paulo2
- 01 Apr 2005 16:01
- 2402 of 27111
Think perhaps you should spell the company's name correctly, Eric.