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Traders Thread Tuesday 6th July 2004 (CROC)     

Martini - 05 Jul 2004 20:49

seawallwalker - 06 Jul 2004 16:41 - 25 of 30

Pretty good.

Some winning some not.

See WLW, definitely on the fall.

BFP also, but I think it has gone far enough.

Did you recover your ground on SBRY? Looke dto me like you may have done.

Big Al - 06 Jul 2004 16:45 - 26 of 30

Went short a few MGCR towards the close. Feel it's definitely rejected resistance and would like 140p tomorrow!

Dave - you'll never go bust baking some cash!! ;-)

daves dazzlers - 06 Jul 2004 16:52 - 27 of 30

b,a.,seaw .whats your views on mtn.

seawallwalker - 06 Jul 2004 18:26 - 28 of 30

MTN will never go bust!

Could be on the bounce by the look of things. Yahoo Bizz have resistance at 260p

Valuation using Matalan plc 's current multiple (P/E):

Fiscal Year Est Low/High Price Range Avg. Est. Price % Change for Average
2005......................210.56-330.88............ 270.72.........30.29%
2006......................204.92-394.80............ 306.44......... 47.48%


Above from MSN Bizz

Looks like there is some slack in the price, not one I follow though!

Big Al - 06 Jul 2004 19:01 - 29 of 30

Dave - made a bucketload on MTN last year on bid rumours. If I remember, 206 - 258p, or close. Did trade it intraday earlier this year when it was languishing around the 160-175p mark. Kind of took my eye off it for a bit and see it is up and away again.

My local one is always mobbed, but not sure how their margins are. Goods are very cheap.

daves dazzlers - 06 Jul 2004 21:19 - 30 of 30

cheers al,yes i have more intrest in it my self now up over 30% for us 4,we my now sell for 2.30/2.40 ish who no`s,,,,are sell price was 2.60,make just over a quid on each share.
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