proptrade
- 22 Jan 2004 11:27
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.
gavdfc
- 04 Feb 2005 14:48
- 311 of 602
10k at 115, 1p over the offer. Maybe another move up before we close today.
gavdfc
- 04 Feb 2005 15:40
- 313 of 602
Hi Bones, looks like a well timed buy from you. Thanks for the chart, it shows the breakout rather well.
proptrade
- 04 Feb 2005 16:32
- 314 of 602
momentum, momentum. out most of today and very pleased how this is moving. welcome Bones!
gavdfc
- 04 Feb 2005 16:41
- 315 of 602
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.
proptrade
- 04 Feb 2005 16:48
- 316 of 602
i am with him with a medium target of 2.00! LT, back to 2500!
gavdfc
- 04 Feb 2005 16:53
- 317 of 602
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! ;-)
Bones
- 04 Feb 2005 17:28
- 318 of 602
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.
proptrade
- 07 Feb 2005 11:20
- 319 of 602
hey hey hey!!!!!!!!!!!!
now, this is getting interesting!
proptrade
- 07 Feb 2005 11:34
- 320 of 602
come on ESY watchers....tell me you are watching! up 4 so far. breakout in place. 125 on the horizon.
gavdfc
- 07 Feb 2005 11:41
- 321 of 602
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!
proptrade
- 07 Feb 2005 11:55
- 322 of 602
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!
Bones
- 07 Feb 2005 11:56
- 323 of 602
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.
proptrade
- 07 Feb 2005 12:37
- 324 of 602
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....
Bones
- 07 Feb 2005 12:54
- 325 of 602
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.
proptrade
- 07 Feb 2005 13:16
- 326 of 602
agreed Bones but interestingly once that "stale bull overhang" (if there is such a thing!) is cleared, the renewed institutional interest (i understand there are several large competing buyers out there) could take these towards 200p. i am NOT a ramping kind of guy but have been in this stock since IPO and sold almost all near the high and have been back in since last year. i am not really talking about 2500 but a move back to 2-3 is not out of the question if they deliver on their EBIT promises this year and LLU wins a few decent contracts. this could be a stupendeous year for the company!
Bones
- 07 Feb 2005 13:32
- 327 of 602
The potential is undoubtedly there, Proptrade, and I won't buy on purely chart potential, the fundamentals need to be attractive too. However, now I am in, I think I will double up on today's confirming price action.
proptrade
- 07 Feb 2005 16:29
- 328 of 602
small pullback at close. maybe some buyers done? expect a penny or two easier for tomorrow
Bones
- 07 Feb 2005 16:32
- 329 of 602
It looks like one MM was holding the bid at 115 until the 150k order was filled. Some selling apparent but a positive close with a bit of volume was my request and it was granted so I hope for a positive week ahead.
proptrade
- 08 Feb 2005 10:40
- 330 of 602
it was interesting yesterday because the large buyer probably completed with the 150/- and the MM who completed it moved off the bid and hit the oppo. fun stuff but since ESY has held in there, albeit on small volume, i think there are buyers lower down or the same large buyer has reloaded with something like a 110 top. interesting.