A Brief Look At The Week Ahead

A mixed bag in store this week as far as companies reporting results, but certainly plenty to provide us with some entertainment. Allegations of price fixing will be something that Robert Wiseman Dairies will hope to temper when it reports its first-half results on Monday. The group revealed last month that it was being sued by Arla, the UK's largest dairy producer, after a provisional ruling by the Office of Fair Trading that Wiseman and other milk suppliers may have breached competition rules on price fixing in Scotland. On Tuesday, easyJet land with full-year results. Investors will hope they can outperform Ryanair, which revealed last week that interim net profits had risen 39% to 329m. Barclays analysts said investors would be on the lookout for increasing costs, particularly for fuel and leasing, and expects easyJet to post a pre-tax profit of 122.4m, up from 85.3m. Vodafone posts its first-half results on Tuesday, just three days after announcing it aims to become a big name in the highly competitive broadband market. Analysts expect that Vodafone, which said it will launch a retail broadband product for UK customers on 8 January, to reveal its 2006-07 forecasts at the top end of the market's expectations. The City predicts it will report interim earnings of around 6bn. Fuelling Sainsbury's pre-results share run was speculation that private equity firms were planning a takeover bid. While the market swapped merger theories, analysts remained divided on the numbers. Merrill Lynch predicts Sainsbury's on Wednesday will post a 75% rise in pre-tax profit to 260m, with a round of earnings upgrades to follow, but ABN Amro is more conservative, predicting a 59% jump to 188m and adding that cost pressures could limit Sainsbury's H2 profit growth. ABN recommend that investors sell the stock. Soaring prices for commodities should bode well for Vedanta Resources, the zinc, aluminium and copper group, which reports first-half results on Thursday. Amongst others in the headlines this week are :- Majestic Wine on Monday; Alliance Boots and Burberry on Tuesday; EMI on Wednesday and National Grid and Investec on Thursday. Plenty there to keep us all busy. Good hunting! Greystone (Greystone is Alan English, City Editor at MoneyAM.)

This is my selection for the "UPS" this week GGG

Share	Volume	Chart	News	Various
GGG price 13.125p	Large volume last Friday with about 6 times the usual	A very good bounce last Friday from lows lately of 10.25p, all Indicators moving higher from oversold position	Expected news this week of placing @ 12p well taken from Institutions and with the money able to complete the Majectic deal, drectors have a background of working in China	Gold prices moving higher again for the last 5 weeks weeks. Snow Mountain is emerging as one of the most significant gold regions

Chart for GGG

5 month

2 weeks chartbollinger bands, MACD

3 month

Good morning traders!


In Asia today, the Nikkei closed 89.94 points lower at 16,022.49, while the Hang Seng reached the midpoint down 35.71 points at 18,855.43.

New York Mercantile Exchange's main oil contract, light sweet crude for delivery in December, was 1 cent lower at $59.58 per barrel from $59.59 in late trading in New York Friday.

Happy trading!

G.

A very good morning to you all, let us hope it's a prosperous week aswell

Selected yesterday to do well once again

"UPS" (Added by Master RSI on Sun 12 Nov 06:42 pm)

SEO - Mid 1.65p
Reason - A very good rise last week as rumours of contracts doing the rounds, the CE said 2 month ago: SEO is in advanced talks with a number of potential joint venture partners in the US to compound biodegradable resin. Plenty of upside on the chart

Charts for SEO

5 month

2 weeks chartbollinger bands, MACD

3 month

Midday Market Roundup

UPS (Added by Master RSI on Mon 13 Nov 12:25 pm)

AP. - Mid 9.875p ( 9.75 - 10p )
Reason - Moving higher from support since last Friday, good size buying today with share price rising and Indicators at oversold and Level 2 very strong 2 v 1

Chart for AP.

5 month chart

2 weeks chartbollinger bands, MACD

3 month

        LUNCH TIME FUN

Another "UPS" for today
"UPS "(Added by Master RSI on Mon 13 Nov 02:14 pm)

AFR - Mid 48.75p (48 - 49.50p )
Reason - Good size buying today and chart is looking like it wants to change direction to UPTREND as the MACD is on the turn and SP moving above 50 days moving average. Drilling results from Okoro/Setu are due soon

5 month

2 weeks

3 month

        JOKE OF THE DAY

There was a man who had worked all of his life, had saved all
of his money, and was a real miser when it came to his money.

Just before he died, he said to his wife, "When I die, I want you
to take all my money and put it in the casket with me.
I want to take my money to the afterlife with me."
And so he got his wife to promise him with all of her heart that when
he died, she would put all of the money in the casket with him.

Well, he died. He was stretched out in the casket,
his wife was sitting there in black, and her friend was sitting next to her.

When they finished the ceremony, just before the undertakers
got ready to close the casket, the wife said,
"Wait just a minute!" She had a box with her;
she came over with the box and put it in the casket.
Then the undertakers locked the casket down, and they rolled it away.

Her friend said, "I know you weren't fool enough
to put all that money in there with your husband.

" The loyal wife replied "Listen, I'm a Christian;
I can't go back On my word. I promised him that I was going to put
that money in that casket with him."

"You mean to tell me you put that money in the casket with him!!!!?"

"I sure did," said the wife. "I got it all together,
put it into my bank account and wrote him a cheque.
If he can cash the cheque, he can spend it!

       
       

End-of-day Market Roundup