bosley
- 20 Feb 2004 09:34
ethel
- 12 Apr 2005 15:33
- 2719 of 27111
Just trying to answer your question SD.
I am soooo happy that I bought some of these lovely SEO's for my old age...does that sound lighter?
watcher
- 12 Apr 2005 15:33
- 2720 of 27111
if I went to church as many times as I visited this site I would probably be up for filling the latest vacancy in rome. so it's more than a religion
watcher
stockdog
- 12 Apr 2005 16:00
- 2725 of 27111
There you go - what did I tell ya. Di is out and may well be right, because she has an alternative home for her dosh with which she is comfortable. I've no idea about GFM, except Di's holding in itself would make me go and research it immediately. However, like watcher, I am getting religion in my old age and have foresworn the pleasures of gazing upon the naked form of a stock I have no funds to purchase.
These days, of course, my attention is less upon the eternal city than watcher though. In Rome they may be electing a new Pop. But in Venice they're blessed by a Dog! ( joke to lighten up Ethel - LOL :D)
woof, woof,
SD
stockdog
- 12 Apr 2005 16:18
- 2727 of 27111
Temptress!
aldwickk
- 12 Apr 2005 16:43
- 2729 of 27111
I have got plenty in return from Firestone diamonds and Griffin mining so far.
EWRobson
- 12 Apr 2005 18:05
- 2731 of 27111
I have the feeling that sd is becoming something of a spiritual director as he advises some of the wayward souls visiting this bb. There are some hard-nosed chaps around like andysmith and driver; constant in their love affair with SEO.. But ethel appears to think that everyone is in it for a quick buck. Well, she's right of course as one of the options. The question is whether you take the quick buck or the fairly quick 2-buck or the medium speed 5-buck or the rather slower 10-buck. But I am also of the opinion that SEO will be 1 before the end of the year which is a pretty rapid 5-buck from here or 15-buck from where I came in. SEO is compared to ASOS. SEO's growth will be exponential because of a combination of market penetration, utilising bought in resources, and the royalties from each sale in subsequent years. In a way, I am diluting my holding because I am not building a pyramid on my CFD holding in SEO but rather re-investing the margin generated, most recently in ASC, NLR and BGT. But the point that needs to be stressed is that, within the last few weeks, SEO has revealed its strategy and this will lead to accelerating growth with corresponding increase in infrastructure. If anyone doesn't appreciate this point, say so and it can be spelt out. There is no way that the sp is going to hang around this level because the professional investors are beginning to twig the real message about SEO.
This leads me to a specific message for Dynamite. I think you have been distracted by the kids and need a wee homily from Uncle Eric! There may be an occasional swing down in SEO, as today, but the current sp of 21p to 22p will be left behind very quickly. I would not want you to be out of the share. OK, there are shares which hit the market, have a good run and then you move on. But, please redo your homework, study Tim Freeborn of Evolution if you have access; if not, look again at the projections from andysmith and myself on this bb and the upward revisions in the light of recent announcements and get back to an overweight position. Never mind that there is a gap between your selling price and the buy back figure, that will be small against the ultimate gain. Religion and faith don't come into it, although it is an expression of confidence in a management team who are unfolding a brilliant strategy to exploit their technological lead.
A final point for those not really into SEO but appraising the action. There have been a huge number of posts on this board and you can miss the overall picture. If in doubt, come back with specific queries - as pisces for instance querying whether SEO could cope with the volume build-up. They are utilising some of the top industry skills from other companies, sitting at the centre pulling the strings. Brilliant! The potential numbers are mind-boggling! I am absolutely certain that there is not a parallel opportunity in the market.
Eric
stockdog
- 12 Apr 2005 19:01
- 2732 of 27111
The Sage of Rye
Said buy, buy, buy
Especially Pi
-sces and good ol' Di
So you're keen on this one are you, Eric? LOL :))
SD
A Ruthies Fund
- 12 Apr 2005 19:02
- 2733 of 27111
Eric
I wholeheartedly agree. :0)
Ruthie
ethel
- 12 Apr 2005 19:10
- 2734 of 27111
Eric I don't think that everyone is in for a quick buck...in fact,this is the perfect share to put away for years without unduly worrying about it once the cc thing is cleared up.
But at the moment we are able to make fast money with it,so many people are going to do just that until the resistance levels and supports become more obvious.Then we shall see the fund managers get cracking.The future looks rosy at this point,I am recommending this share to all my friends who normally invest in the Footsie and they are very interested in giving SEO a try.
We seem to have found a higher support level today.Do you agree?
stockdog
- 12 Apr 2005 19:50
- 2735 of 27111
ethel - we have just breached a recent resistance level (the line joining the peaks at about 10th Feb and about 16th Mar) with a 2 day EOD of 21.25p, entering into a new inner short-term trading range probably around 19-23p. I say inner because both this new little channel and the recent one we've just come from below this resistance line lie within the broader long-term up-channel now discernible by joining the lows at mid Jan and 4th April. The upper line is parallel to this touching the 10th Feb peak.
This new inner range could continue for a week, a month, a quarter - I don't think you can tell (as opposed to hope) and will depend upon the rate of release of more good news and the strength of institutional buying which must come seriously on stream shortly.
In some senses the recent weak resistance line now becomes the new support line, but again weakish. A stronger support line is still the lower line of the old inner channel which passes through the same point as the main long-term channel - were I a stop losser, this line rising at a bout 15 from the horizontal is where I would set it.
When we breach decisively the upper line of the longer-term channel above about 25p currently (or higher if we continue in the inner range for longer) the fireworks will really start, taking us into a new, accelerated upward channel and onto 50p + by year end. Eric says 1 by year end. I just can't tell - but would be happy anywhere between 50p and 1 by Xmas. However, the longer we fail to breach this line, the less chance we will have of achieving those dizzy heights this year.
If anyone thinks I'm barking (sic!) please feel free to shoot me down. I'm really just trying this analysis on for size. Does my tail look big in it?
SD
EWRobson
- 12 Apr 2005 20:02
- 2736 of 27111
ethel: Still a learner where the charts are concerned. However, I believe we are in a rising trend rather than trading between resistance and support levels. Worth comparing the run up from 6p to 18p which took several steps: there is inevitably a correction after each step. My guru, johngtudor, always takes end of day (EOD) positions and ignores the intra-day as noise because of the trader games. It may be that we do settle down to trade between 20p and 22.5p for a while or we may have another rising channel as over the last few weeks. On balance I believe we will steadily move to higher ground as the institutions build up stakes; surely Shares will report positively this week. Against the market, SEO effectively rose today. I am not that worried because the fundamentals are so strong.
Another nifty poem, stockdog. Are you suggesting that I am biased in any way. A first from Honey, the Labrador, today. She doesn't chase rabbits but loves chasing squirrels because they climb trees and she can baek from the safety of ground level. left her doing this today only for her to come trotting up proudly presenting me with a squirrel -must have fallen out of the tree and broken its neck poor thing. Tess, our new Westie, coming on the walks now, gamely keeping up and quite happy to chase rabbits. Don't think you've tried your paw at SEO projections. The key factor, which andysmith and di might help with, is the likely penetration of the market that is realistic. Isn't this a worldwide must have and, as bos loves to point out, this is just for starters.
Eric
andysmith
- 12 Apr 2005 20:05
- 2737 of 27111
Good posts today SD/Eric, No harm at all in taking profits, I have done so on several occasions this year in particular 200% on IDS/MMG. The difference for me with SEO is that even with 400% & 500% profit on some buys I still see SEO going to 100p from here. I think any US supply deal will see this soar. Remember the maths folks, 10% market pentration could yield EPS 10p x PE10 = 100p. Asda deal for UK/Ireland plus our guess of Walmart USA would probably be more than 10%. Don't forget SEO are not a one product company, others are coming on stream. It was difficult to see how SEO could achieve rapid roll-out of RF sealing UNTIL the two recent announcements, just need the icing on the cake. I honestly can't see a better opportunity on the LSE to make a lot of money by investing in an emerging company who have products to satisfy market needs of large retailers worldwide. DYOR of course.
EWRobson
- 12 Apr 2005 20:26
- 2738 of 27111
andysmith: your post came 3 minutes after mine and you may have missed the question re market penetration. Given 20K machines in Europe and, say, 50K in all, what would you see as the likely market penetration. Tim Freeborn's assumption was about 5000 by 2008 but that could be way down now that the supply side is sorted out. Given the almost unlimited capacity of Advanced Energy Industries, they can proceed with marketing/selling in parallel across the major worldwide markets. It seems most unlikely that they need an exclusive in North America like ASDA so 2006 growth could be phenomenal for Greenseal. Beginning to think the 1 projection is overly cautious! Mind, I am likely to be in trouble from stockdog again for unbridled enthusiasm. he might want to keep his master on a leash!
Eric