Wolfson

I've seen shares fall on good results before but this is just silly!

Surely this has got to be a buying opportunity!

Financial Highlights

Revenue increased by 94% to $56.9m (H1 2003, $29.3m)
Gross margin improved to 50% (H1 2003, 46.4%)
Profit before tax increased by 123% to $9.3m (H1 2003, $4.2m)
Diluted earnings per share increased 94% to 5.77c (H1 2003: 2.98c)

Operational Highlights

158 design wins in the period
9 new products introduced in the period
Continued strong uptake of products by major OEMs
Increased sales in Japan and Korea to 29% of group turnover
31 new technical and commercial staff

Jiggles i don't think it's ramping ,this is a quality play ,i was in at 245p ,i'm laughing all the way to the bank..

hahahahahahahahahahahahahaa when you have had the %age rise with axm as i have with wlf, iqe, cs and kmr you can come and criticise me. now go back to your sideways and downward thread theres a good boy. ps cheers jimmy

cheer up biggles, first of all a ramper, now a cocky git, anything else that i am??? ps do you know what a ramper is???? pump and dump???? keep this a secret but im still in wlf even though the price is falling ssssssshhhhhhhhhhhhhhhhh.

i think you sellers are going to regret it, i know you have sold at a very good profit but there is more come. 393p at the mo.

buys now nearly equal with sells, i knew there were some canny investors out there. around 401p now.

further research shows price of buys far outweighs the price of sells.

buys now out numbering the sells and the price goes down, its weird thing this stock market. i still dont get it!

Kivver ,i wouldn't always rely on the buy/sell figures you read on the moneyam screen (if thats what your looking at) ,some trades are delayed and get in as buy when they are a sell ,or the other way round , especially when there are a lot of trades going through and the price is moving up and down ,with a tight spread..

hi jimmy, also using www.sharecrazy.com, dont know how accurate they are but they actually record more buys for wlf than moneyam. Perhaps others use sharecrazy.com and could tell us what they think of them??? onechunkymonkey uses them on the axm thread but I take most things he says with a pinch of salt.

Kivver can i suggest u look at who sharecrazy are tied in with........then take the pinch of salt......

UUUMMMMM interesting!! will do!

do i take it you mean H B & P??? I know they have given some bad tips but didnt know there was more to their sculduggery???

I noticed not all shares bought or sold are shown. I sold some WLF the other day but it did not show up on the moneyam screen...so I wouldn't take it as 100% accurate.

I do a lot of t+20 trades and they never seem to show up! Also bear in mind that MM's dont have to reflect days trade in shareprice movement as they can square the books much later thereby moving the market to their advantage. Buyer or seller beware!!!

Large buys today and buys outweighing sells by a large margin at 1pm. Is wolfy on the turn after all the small players took fright and their good profits?

i hope so, im still in and very positive in the longer term, shame the directors didnt feel the same!!

Big sellers like institutions or sometimes management usually like to sell well short of the top so they can offload large numbers of shares; this is because there is more upside left and people will buy the overhanging stock. This one almost certainly has more to run , but a lot of shares are coming off the boil and a healthy dip is taking place. A famous financier (Rothschild I think) once said he wouldnt buy a share until it had risen 25%, then he would hold for 50% of its expected gain and then he would sell leaving 25% for the next man to buy!!!

am interested in this one. anyone think there is still more upside as it has risen quite a bit over the last 6 months. am i too late?? or is there more?

hi harry, i think the best of the rise is over for now but will continue much more slowly. wlf will now report quartly, so next financial report will be crucial to see the way the share is heading. Digital tv should eventually offer some good upside. ps dyor (must be purely your choice)