Hi Guys back of Holiday but not yet really settled down. Needed the break as I havent had a holiday in 5 years. Just been resting up at home.

Back to the stocks. Well lets face it last week was a stinker, simple as that. Interest rates hike hanging over the market and the tiddlers getting hurt most as all of the extra cost will fall to the bottom line. Lets hope for a better week.

Update on stocks.

I D DATA- hoping for this one to carry on from Friday and start to rise again. About 4 weeks to results so we may get a good run plus a contract win is get to be confirmed.

INCITE HOLDINGS - strange happenings at this company last week but apparantley big orders were being filled for institutional players, in fact a pal of mine on another site who is a big holder was contacted to see if he wanted to sell any of his holding and he gave them a quick no chance answer.

BEMA GOLD - fell back by about 10 points last week on averageish results. Fact of the matter is that a Miner should be judged on NAV and not earnings, due to physical nature of the business.

JUST CAR CLINICS - TA uptrend in place and company released two very interesting pieces of news on its web site that should see further support.

CENTURION ELECTRONICS - gave back a bit of ground last week but uptrend trully in place.

HCEG - another that gave ground back last week but there was some good news later in the week refering to warrants. Seems holders on a certain date will be awarded a warrant for every XXX share held . Ask me in the morning.

PIPEX - changed name last week had an up and down week but I added yet again. Great growth potential here.

NEW RECOMMENDATION

Going to go in for SCI ENTERTAINMENT SEG in the morning. Saturday paper confirmed that trading was well in front of budget and this backed up what Evil Knievil had been saying last week. EK feels that this is one of the cheapest stocks on the Whole Market, and we should get a good run up to Xmas with the new Desert Storm offering (sorry not an expert on games).
DYOR and if you buy watch the spread in the first hour or so, the MMS read the newspapers just like us, dont get sucked in. Remember you are responsible for your own buy and sell actions, we dont want any whimps complaining if they lose money. Only use money that you camn afford to lose and remember this is investing. If you want a quick fix, I suggest you go down to your local bookies , casino or boozer and play on the one armed bandit. We are all adults.

gf.

ps, sorry forgot Service Power Tech - special update on that sometime monday.

Hi GUYs, Pxc and cuc do not get shut. High Betas so will look worse on bad days. Lets get rid of the base rate decision at lunch tomorrow and then look ar=t the markets again early next week. Please remember this the story from these two companies hasnt changed one jot, its just the working of the market that has lowered them. Stay patient and reap big rewards.


Kenmare yes a fine company and tipped by Winnie on t1ps. Well worth having a stake.

cheers GF.

Caldwell Investments, another 30,000 purchase gone through just now. Someones building a big position in this company and I know both Jim Slater and Evil K are in, one to follow. Past few days weve had a 50,000, a 35,000 and a 70, 000 purchase and that being more or less the only trades.

Sci Entertainment again up, hope you got in on my reco monday.

cheers gf.

brought some CDW .. took me ages at TD Waterhouse, they had to go the market to get me some ...anyway got in at 19.5 ...

CDW trades only showing two trades for me both sells and only 3 buys since 30/10 yet price ticking up gradually. Something afoot?

GF. I can't see ZOO on your list. Have U sold?

here's the trades as shown on td waterhouse, for CWD

Trade time Price (p) Volume Assumed purchase/sale* (p) Bid (p) Ask (p)
14:25 18.62 10978 sale 18.5 19.5
11:33 18.25 30000 sale 18 19.5
16:08 (05/11) 18 75000 sale 18 19.5
14:32 (05/11) 18.25 4853 sale 18 19.5
10:34 (04/11) 18.5 25000 ? 18 19
13:58 (03/11) 18 15000 purchase 17 18
13:30 (31/10) 17.25 3493 sale 17 18
10:36 (31/10) 17.8 25000 purchase 17 18
10:23 (31/10) 17.15 1450 sale 17 18
09:11 (31/10) 17.12 1894 sale 17 18
17:01 (30/10) 17.25 5000 sale 17 18.5
11:03 (30/10) 17.9 40000 purchase 17 18
15:10 (29/10) 17.8 200 purchase 17 18
13:02 (29/10) 17.8 1876 purchase 17 18
11:01 (29/10) 17.75 50000 purchase 17 18
10:42 (28/10) 17.75 30000 purchase 17 18

Azhar, nope no chance. Still have 2.5% of the company. This short term down trend doesnt bother me. Just wait while they sign up with an International Partner or are taken out. The price could go well norhwards.

regards GF.

PS, Centurion Electronics going like a train this afternoon. Director has bought.

what do you think of CMS web view CWV tipped in shares mag up 50% today
and directors had to stump up shares to get MM out of jail shortage of stock will only puch it up tommorrow ??

Lets hope so, I have a small holding from about 6 weeks back.

cheers gf

Hi GF

Sorry to change the subject a little. Can I ask if you stil think TCP are any good. Tenby is now describing them as a bummer. I was wondering whether you still held and if you think this is one that needs a little patience. I would be gratrful to hear your views.

SH

p.s Don't worry I'm not selling PXC am expecting fab things in the future.
pp.s Won't you come back to SC I think some people are missing your input!

Linzi - Look at ITL go this morning!

SH, I didn't buy TCP when Tenby & Slater went in (not to say I'm right & they're wrong, simply because I thought they may drop further).

As the saying goes, nothing has changed fundamentally & these are still on my watchlist. I would say if you need the cash for something else then sell. I always try to avoid that situation, but it happens to me sometimes too! If you don't need the cash, why not hold for a bit & see what the next piece of news from the company is. If it's bad, then sell. If it's good, then your patience will be rewarded & I will be buying in too!

SB

Thanks for that SB

I was thinking that I was not going to sell, given my luck. I've only been trading for a few months but I have had about 4 or 5 shares that I have sold early at a loss that have become multiple baggers :-(

I'm not saying that I expect the same from TCP, but I think I'll give it a little longer to shine.

I see you've joined the party on ITL!

Sh, yes still in on TCP but not added. Can understand deckers getting fed up as it had all the hallmarks on the chart of breaking out. SBs right if you need the money to work for you sell.

Coming back to SC, sorry havent left, but wont post there any recos from now on or take debate on a big issues. Joe and Malc to my mind are not policing the site correctly, on here you have two yellow card followed by a third yellow card and you are off the B/Board. Too many snipers on there wanting to take digs and lets face it where are they now???????. But if I came back I would be a Sitting Duck. Cant be arsed after all the hardwork I have put in not being backed up by management. Joe and Malc are fine Guys, lets get that clear, but I can tell you one other top poster has made representation to me this week about the sites problems and is thinking seriously of moving out.

good luck and cheers
GF.

ps, sell TCP and buy CDW Caldwell Investments for its revolutionary Sun Canopy.

Both Jim Slater and Evil Knievil are in, with big stakes.

Back to the days events. A great day so far fingers crossed, telecolm plus, and Sci entertainment my new tips are going gret guns especially Sci. Caldwell Investment are chugging along upwards and Centurion is firing on all cylinders again.

Only bummer is ID Data, but Im sure this one is going to come good in a big way.

cheers GF.

Roger,

If I may can I ask you for some advice?

I'm heavily into mining stocks, especially gold, making up over a quarter of my portfolio. I am however, interested in Golden Prospect.

Do you think that now is a good time to invest (currently 29.5p offer) or do you think this wil consolidate for a bit. I'm worried about unbalancing my portfolio too by investing in GOL, any thoughts?

Thanks in advance,

SB

P.S. Major mining holdings: AVM, CBM, CDN, OXS, (plus small holding in BAU)

Well SB dont get too top heavy in one area. I would suggest that 25% is just about on the limit and not to go any higher.

As for Golden Prospec Evil feels it is worth BUYING up to 36p per share, and thats without the 20% of the unlisted companies in its portfolio not taken into account. Gold represents roughly 60%, other metals listed roughly 20% and 20% unlisted in the portfolio free from his point of view. Dont forget aswell hes basing his figures on NAV and these could be very conservative. Just a case of swapping one share for another I feel if you like the story.

Might have more for you this weekend, thanks for the e-mails I will be in touch as I hope to get more details off Evil. Have a look at CDW, Caldwell Investments , feel its going to be a cracker, one of those that just keeps rising gently every day.

Anway heres a recent piece on the direction of POG.

Date : October 21, 2003



Gold Could Be Poised For Another Run Before Christmas.

Despite the odd attacks on gold, which for some reason seem to appear on a Friday, more and more sane and experienced voices are coming out in favour of it and against the dollar. Recently John Templeton, who has lost none of his marbles from the days when he was consistently the best performing investment manager in the US, if not in the world, said that investors should get out of US stocks and the US dollar. According to the International Herald Tribune Templeton reckons that the dollar has another 40 per cent to fall and that this will cause major overseas holders of bonds to sell them. The result will be higher interest rates and a long period of stagflation.

Now John Templeton is 92, so he has seen it all before. In 1999 when he was 88 he warned that the tech bubble would burst, and how right he was. He has been joined by Lehman Brothers a leading Wall Street bank, which is warning that a financial crisis is going to grip the US within the next 12 months. According to the Daily Telegraph in London the bank’s chief international economist, Russell Jones, tested the US against something called the Damocles report which the bank uses to forecast trouble in Third World countries. In simple terms it is based on ten economic indicators weighted on the basis of past crises in Latin America and Asia. The result was that the alarm bells rang long and exceeding loud.

The point being made by Lehman Brothers is that when these same economic indicators are applied to the US economy there seems no doubt that it is heading for a currency crisis. The budget deficit is a huge and though the authorities keep repeating that a strong dollar policy is being maintained , a growing number of influential commentators doubt that this is the case. The dollar has already fallen some way and is affecting exports. The key problem is China which sells US$6 worth of goods to the US for every US$1 worth sold to China. As a result the trade imbalance is running at around US$103 billion a year, and this simply cannot be sustained by any country, no matter how powerful.

The other benchmark on which investors should keep an eye is the price of oil. As Fleet Street Letter pointed out recently it has risen by US$3.22/barrel in the past month following an announcement by OPEC that it would cut oil production by 900,000 barrels next month. On top of this the Iranian Oil Minister Bijan Zanganeh has announced that even more cuts could materialise when OPEC ministers meet again in Vienna to set a policy for the first quarter of 2004. Those with long memories or a sense of history will remember what happened to gold back in 1974 when OPEC forced up oil prices. The price of gold rose to a dizzy US$800/oz which is a long way north of the present level of US$375/oz.

In a situation like this it is amazing to see that none of the investment gurus in the UK’s Sunday newspapers made a mention of gold or oil, or even of the US dollar. Minews will resist the temptation to name and shame, but some of them seem to see the rally in equity prices as being the harbinger of the next bull market. One of them gloried in the claim that “shares have seen the bottom and will not go back down there this year, next year, or probably ever.” Another talks about light at the end of the tunnel, though he accepts that the extent of UK consumer debt could jepoardise recovery if interest rates rise a couple of points. No mention of the possibility of China and Japan withdrawing support for US Treasury bonds. This would put upward pressure not only on bond yields, but on interest rates all round the world and the UK could not escape.

The conclusion has to be that gold provides a safe haven in these circumstances and that the price will rise as more investors come to appreciate this point of view. 2004 is going to be a very difficult year for the US as the Bush administration prints even more dollars to pay for the mayhem it has caused in Afghanistan and the Middle East Other countries are making it quite clear that their cheque books are staying in their pockets. US investors must be praying that the World Gold Council’s new gold instrument will get its listing on Wall Street before Christmas. Don’t hold your breath on that one, but Japanese investors are showing the way by gobbling up gold coins. Sales of the Austrian Mint’s Philharmonic gold coins nearly trebled between 2001 and 2002, and another record is likely this year.


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regards GF

Ciao's taking me to Venice on ITL!!!!

Hey Linzi, that blokes loaded hes got more dough than me so you should have a good time. Have to say Im getting a little jealous, will have to ask Peggy Smith if she fancies a week at the lights in Blackpool.

Well have a good weekend our Linzi, its been a real hum dinger for me, havent earned as much for about two months, new tips all doing very well. Loads of money.

Look after yourself, cheers GF.

It's not his money I might be after!!!! I'm not like that, it's his Italian charm, and most have got nice pinchable botties! And the style!!!! (being a Versace fan). Phew, getting hot under the collar now.

Have a great weekend GF - you deserve it!!!!

Cheers Linzi. I thought he came from Spain, never have been any good at languages and geography, or spelling.

Three stocks worth having a detailed look at this weekend. All look to have great potential.

CardPoint - growth business.
Danka Business Systems - recovery story.
TTP Communications - Recovery on back of Increase in worldwide chip business.

GF.