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

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)

Signs of life?? Maybe MM'S need buyers for all those shares we've been selling?

not me ian, im in long term.

Bouncing back two days on the trot , can it get back over 4 ???

they say ''the trend is your friend'' certainly proving to be true. wlf has an excellent rise for a number months now then all the papers start saying you should sell the rise is over (i think it is best to do the oppisite to whatever these so called experts say). I didnt think it was or is. Glad i didnt join the bandwagon and sell.

Really like this company, looked at it when it was 2.40 but didn't have any cash, and I fear I have now missed the boat. Excellent prospect, should go higher, but too riuch for my blood currently.

Good luck to all who hold.

Prospector

I said the same when i had had sold CSR at about 450p Prospector ..

even shares mag advised people to take profits as well as all the daily rags. ''gi us a job''!!!!!

yup Kivver ,they all did , just goes to show ,do your own thing.

Looks like we're off again.
Although Fidelity are now out of notification range they may still have a lot to sell but the possible hold-back effect can only get less and the market has proved itself quite capable of absorbing them.

Right back up to 440p .:-)

And on to a new high ,are you still in this Kivver ??