After a year of stumbling around and ranging HAMP has finally broke out (see a chart)...and looks set for a run up this year...

Brokers buy notes (see yahoo), good contact wins...all looking positive on charts...cant see it failing really..

any thoughts?

this is interesting - director buys so they must believe in hamp if so:

'The price had fallen from about 200p in 2006-08 and even 90p early this year, re-visiting the 50p level at which Hampson issued shares in February when four directors increased their shareholdings, buying 146,007 in total.'

i like director buying shows confidence imo - no one likes to chuck money away

Good luck gibby with your bet.

thanks mitzy and good luck with any you do which ever company - all here for same purpose
cheers

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40p fine with me!! tomorrow would be good - lol

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For any who cares to read the report propperly. >>>>>>>>>>>>>>>>

I am not saying is cheap or expensive as I have not done a research yet, but ........
Trading profit is not Pretax profit as seen below, I can tell you that it will be loss at Interim stage as Pretax Profit, as the disposal will take a 9M loss and the rest to be included also not enough, with thw 6M trading profit . ( The disposal will give rise to an exceptional loss of approximately GBP9 million. )


On today's news......
However, in light of the slower than anticipated start to the year, the Board
now expects first half trading profit* to be approximately GBP6 million and
therefore also expects profit before taxation for the year as a whole to fall
materially below current market estimates.


*Trading Profit is defined as operating profit before restructuring and
rationalisation charges, impairment charges, gains and losses on disposal or
closure of businesses, amortisation of intangible assets arising on acquisition,
changes in the net fair value of financial instruments and the results of
discontinued operations.

master RSI - good stuff but imo this is still way over cooked and i would not want to be out of hamp over night - i was hoping for a bounce today but sometimes as you will be aware may need a day or two to settle - the 6M pretax profit is only for H1, i believe the pretax profit for the whole year forecast has been reduced from 25M to 15M - there is no way the SP reflects this - imo at least 30p fair value - additionally hamp will / should have some tax reductions due to the restructuring / write down costs - gl
hamp imo way safer than cnt & rok - they are also breaking into the chinese & indian markets - H2 should be good imo

after hours buys today - prepare for a blue start tomorrow morn. imo:

12-Aug-10 16:37:56 20.00 50,290 Buy* 21.2520.00 10.06kTrade Type:

12-Aug-10 16:36:46 20.00 200,000 Buy* 21.2520.00 40.00kTrade Type:

12-Aug-10 16:36:24 20.00 200,000 Buy* 21.2520.00 40.00kTrade Type:

12-Aug-10 16:35:31 20.00 223,872 Buy* 21.2520.00 44.77kTrade Type:

12-Aug-10 16:35:12 20.00 590,452 Buy* 21.2520.00 118.09k

gibby

Take it eassy as you look over excited

the closing spread price was 20.75 / 21p, so all those trades that you say after hours at 20p can not be BUYS,
do you follow me?

Never take notice of what they say or where they put the trade on the trades volume.

Anyway, those trades are most likely delayed trades from earlier on.

      

I will be watching and checking some figures.

1 - negative part, maybe one reason for the drop - 17 million increase in debt

(Net debt at 31 July was approximately 99 million, an increase of approximately 17 million since the previous year end. The increase reflected usual seasonal phasing of working capital and was after funding net capital expenditure of approximately 3 million and the settlement cost of hedging instruments of 4.5 million.) In light of the revised expectations for the year to March 2011, the Board expects net debt at the year end to be approximately the same level as at March 2010

AN here some charts

Intraday

3 month Bollinger Bands,RSI, S Stochastic and 50 days MA

Charts - 2 days

master RSI - funny cartoons!! and thanks for the charts - i had taken a break from shares for a few weeks as hols but back now - its amazing how quickly you (I) can forget things - you are right they may have been delayed trades and trust me i do not always believe what they say a trade is - i know that buys are many many times flagged as sells - mms favourite imo is when someone buys at below the mid price - suddenly this becomes a sell etc etc completely distorting what it really is which can put people into a panic and sell and other such methods - you are obviously very experienced and have very good knowledge - it is good to read your posts - keep reminding me - i will be back up to speed very soon - i still hope/expect a blue day tomorrow for hamp - need to do more research now! - cheers

Another negative thing is the market does not like large debt 99M though able to move lower by the year end to 83M again, nevertheless is still much higher than the company valuation (market cap) 58.3M at 21p.

Arbuthnot forecast - 12/8/10:

2011
T/O - 179.5m
EBIT - 21.3m
PBT - 15m
EPS - 3.9p
Net Debt - 83m

2012
T/O - 203m
EBIT - 30m
PBT - 24m
EPS - 6.4p
Net Debt - 81m

masterRSI - thanks good info - i sold this morning @ 22.5, nearly 10% profit - not huge but profit is profit - if hamp drops further i will be back in - i was in and out of kdd several times past year or so - just bought back in again to kdd as i believe after a long wait t/o getting close at long last maybe towards end of this month or september, already a share offer at 33% premium to kdd's earlier price this year of i think 12.5p from firestone on the table - this ammounts to arond 16.625p - others in the mix - so maybe more - currently can buy kdd for < 11p - worth a tickle imo and not too long, firestone have set out a schedule for t/o to be completed by 30th september i believe

Good for you "gibby "

I have been checking things this morning, and one was how the order book was looking at the time the price was improving to 21.25 / 21.75p, but the DEPTH on the order book was very negative of 451K v 700K.

Since the share price is weakening again, now 20.75 / 21.25p

"very negative"

lol

So obvious when you have sold a stock rsi, you post very misleading comments.

L2 changes so fast in this stock that it's unreliable to first buy and sell on what the sets board is saying and even worse posting it on a bulletin board.

ravey davy gravy

Are you full of SH!T?

it looks like or not reading the posting before commenting

I am not in not out, but I boutht and sold the stock several times during the last 20 years and the last trade is many years ago.

So go and get stuffed if you feel better before saying nonsence.

Master RSI - 12 Aug 2010 16:27 - 34 of 46
For any who cares to read the report propperly. >>>>>>>>>>>>>>>>

I am not saying is cheap or expensive as I have not done a research yet, but ........

Dont waste your time here Rsi, i can see what you are trying to do.