i was wondering if anyone out there had any strong views? this company appears to be delivering and has just turned EBITA positive after a great trading statement last week. seems like upside to +200p once results are out.

any comments or thoughts would be appreciated.

Looking at a s/b, but not keen on fins price, 112.2 to go long for March, IG not much better. Results last year 26th so maybe we will see some T+ traders come in ahead of them as well as with the breakout.

A contract or 2 with the results would work wonders here.

you are telling me! i just think there is potentail of a series of strong announcents which will drive the 2005 expectations significantly higher. if so my 200p price target is attainable.

Building up a bit of momentum I feel, am tempted to add again here.

capa

Hi Capa,

Agree re the momentum. Been building slowly over the last few days. Kicking myself for not going long yesterday! Will see what the rest of the day brings but looking good.

Gav

all playing out nicely...

10k at 115, 1p over the offer. Maybe another move up before we close today.

I'm in at 113p looking for 140p short term on the breakout of pennant formation.

Hi Bones, looks like a well timed buy from you. Thanks for the chart, it shows the breakout rather well.

momentum, momentum. out most of today and very pleased how this is moving. welcome Bones!

It has indeed been a good week for us holders, more of the same next week please. Bones's short term target of 140 looks quite tasty.

i am with him with a medium target of 2.00! LT, back to 2500!

Read on another BB someones got an Elliot Wave target of 176, sort of between both your targets! Back to 2500, lol! If this gets to 2500 then my old BHM, now listed on the Naz should get back to 5300! ;-)

Thank you chaps! Any dip back below 100p and I won't be around but that looks increasingly unlikely. I would however like to see the share finish above 112p at the close tomorrow to confirm the strength of the breakout, preferably with a bit of volume behind it.

hey hey hey!!!!!!!!!!!!

now, this is getting interesting!

come on ESY watchers....tell me you are watching! up 4 so far. breakout in place. 125 on the horizon.

Yes watching, late night so not long up! Watched the superbowl. Nice move up today. Saw the move up on L2 and went long with a s/b when the price was 116. Breakout looking good!

indeed. good game, i am not really a fan but appreciate those with the acquired taste of american footie obviously love it and some are crazy enough to be up all night!

I'd like some volume to go with this rise but I am happy with a close above 112p as stated on Friday. I did mean "Monday" rather than "tomorrow" of course :)

If this technical move continues as it should, there is not a lot in the way of 140 - 150 in the next two or three weeks. I see plenty of resistance between those values though.

i hear you Bones but with results in the next few weeks the momentum could be sustained and also these possible new LLU contracts could rerate the stock significantly. They have only just held their second LLU conference and announcements could be very soon.

takeover rumours? that could spice things up and are ther are a few dedicated buyers around....

Proptrade, these are all aspects which are no doubt helping the price along. Expectations will be priced in to some extent at 150p so the company would need to keep the positive newsflow coming. The resistance at 150p will be supplied by all those who bought in at those levels last year. No matter what the news, "stale bulls" will often gladly recover their buy-in price and get out. Human psychology rather than newsflow does have an effect.