A Brief Look At The Week Ahead

Woolworths reports annual results on Wednesday but has already dampened expectations with a January trading statement that revealed it was losing the contract to distribute music and DVDs to Tesco. Woolworths is refurbishing stores, refocusing on selling to children, and stocking merchandise geared to holidays and celebrations, but all that work is still a way off coming through in the company's financials. Five months after its float, Kazakhmys, the FTSE100 copper miner, will unveil its maiden annual results on Thursday. It is not expected to disappoint. Brokers Charles Stanley expects a pre-tax profit of $921m on strong demand for copper. The location of its operations near China, which seems to have an insatiable appetite for commodities, means its long-term prospects look solid. Investors certainly love it: shares in Kazakhmys have risen more than 76% since it listed in October. Bookseller Ottakar's is due to publish results on Tuesday, though investors will be most keen for an update on its takeover by HMV, a deal that is still being reviewed by the Competition Commission. On Wednesday, J Sainsbury is expected to issue a reassuring Q4 trading statement for the 12 weeks to 25th March, indicating that its turnaround is still on course. Goldman Sachs expects it to post a 5.3% boost in UK sales. Barratt Developments may have lost its title as the country's largest homebuilder to Persimmon when the latter bought Westbury last year, but analysts expect the company to make good on an earlier cheery trading statement when it publishes half-year results on Tuesday. Charles Stanley expects it to register 176m in pre-tax profits on the back of the construction of social housing and low-cost homes. Barratt informed the City in January that its land bank had increased to more than 63,000 plots - equal to nearly four-and-a-half years of supply. Other companies under scrutiny this week include Alexon on Monday, Dana Petroleum and AG Barr on Tuesday; Adventis on Wednesday; Burren Energy and Alpha Airports on Thursday and Watermark on Friday. Looks like yet another fun week ahead.... Good hunting! Greystone (Greystone is Alan English, City Editor at MoneyAM.)

           JOKE OF THE DAY

The Story of Mother's Day

The earliest Mother's Day celebrations can be traced back to the spring celebrations
of ancient Greece in honor of Rhea, the Mother of the Gods. During the 1600's, England
celebrated a day called "Mothering Sunday". Celebrated on the 4th Sunday of Lent
(the 40 day period leading up to Easter*), "Mothering Sunday" honored the mothers of England.

During this time many of the England's poor worked as servants for the wealthy. As most jobs
were located far from their homes, the servants would live at the houses of their employers.
On Mothering Sunday the servants would have the day off and were encouraged to return home
and spend the day with their mothers. A special cake, called the mothering cake, was often
brought along to provide a festive touch.

As Christianity spread throughout Europe the celebration changed to honor the
"Mother Church" - the spiritual power that gave them life and protected them from harm.
Over time the church festival blended with the Mothering Sunday celebration . People
began honoring their mothers as well as the church.

 

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

Share	Volume	Chart	News	Various
GPC price 2.375p	High volume last Friday with about 4 times the usual	Bouncing strongly after retracement Indicators RSI and Stochastic rising from lows and MACD on the turn	Last week's hiring of Jeffries as adviser and stockbroker have fuelled talk of imminent activity as is looking for deals to increased its oil portfolio, after viewing 3D seismic data during the last month	Has 4 North Sea licenses, offshore assets in West Africa and Brazil and recently entered into an agreement with one of the world's leading offshore seismic data providers, to access modern offshore 3D seismic data

Another one for the "UPS"

CHP - Mid 17.375p
Reason - Doing a double bottom on the chart, positive news expected this week, company said" hopes to receive notification by the end of the month on whether it has been granted an exploration and production licence for Colombia's Primavera block"

A very good morning to you all :-)

Good morning traders!

In Asia today, the Hang Seng reached the midpoint up 20.55 points at 15,737.01, while the Nikkei was recently 16,683.91, up 123.04 points.

Off to find some news........

Happy Monday!

G.

Morning all.

CHP moving higher after news of Colombian contract win ............

LONDON (AFX) - Chaco Resources improved by 1-1/4 at 18-3/4, following news
that it has been awarded an exploration and production contract over the
Primavera West Block in the Llanos Basin of Colombia.
It will be a joint venture in which Chaco is to hold a 55 pct equity share.

UPS (Added by Master RSI on Mon 27 Mar 10:43 am)

GOO - Mid 6.675p

Reason Moving higher with volume since last Friday, Indicators at oversold and MACD on the turn, L2 is 1 v 1, Bought lately 40 pct stake in Nancy-Bourdine-Maxine fields in Colombia

GPC

certainly done the job today went to 3.375p at one time 37.4%

End-of-day Market Summary

        JOKE OF THE DAY

Lawyer on Vacation
A lawyer was on vacation in a small farming town.
While walking through the streets on a quiet Sunday morning,
he came upon a large crowd gathered by the side of the road.

Going by instinct, the lawyer figured that
there was some sort of auto collision.
He was eager to get to the injured parties but couldn't get near the car.

Being a clever sort, he started shouting loudly,
"Let me through! Let me through! I am the son of the victim."

The crowd made way for him.
Lying in front of the car was a donkey.

    

Keep an eye

Moving higher with volume since last Friday, Indicators at oversold and MACD on the turn, L2 is 1 v 1, Bought lately 40 pct stake in Nancy-Bourdine-Maxine fields in Colombia

hi greystone,the thread is not showing any ex-divi for the week?also would it be possible to post divi due two weeks in advance,if not where can i find that info please.tia

hijeff - The calendar frame shows ex-divis as they are made available to me. All Wednesday this week, I think.

The 'Forward Diary' on the menu bar, provides advance notice of events and ex-divis as we are fed them from the LSE. For instance, this is a link to next Wednesday's diary, as far as it stands....

Diary for next Wednesday

The lists are updated as data is received....

Hope that helps.

G.

thanks.great help.