A Brief Look At The Week Ahead

A trio of housebuilding giants will publish results next week that are likely to benefit from the continuing property boom in the UK. Persimmon will unveil its annual numbers on Monday. Barratt Developments, which earlier this month agreed to pay 2.2bn for rival Wilson Bowden, gives interim numbers on Wednesday. Wilson Bowden unveils its annual results on Friday. HBOS and Royal Bank of Scotland reveal their annual results on Thursday and Friday, respectively. They are expected to notch up rising profits. That will surely heap pressure on the Office of Fair Trading and the Competition Commission, which are looking into the fees the big high-street banks charge their customers. British American Tobacco will unveil annual results on Thursday that are sure to show that, although our love of cigarettes may be fading, in the developing world the desire to light up is growing. Evolution Securities expects the maker of Dunhill and Lucky Strike cigarettes to reveal a 6% increase in overall turnover, despite falling sales in the UK, weak demand in North America, and a hit from the falling value of the dollar. BAT will be saved by rising sales in the Asia-Pacific region and in Latin America, where it is the largest seller of tobacco. On the same theme, The City will have its farewell look at Gallaher as an independent group when it gives annual numbers on Friday. The event will largely be ceremonial, however, as the maker of Silk Cut has already agreed to be bought out by Japan Tobacco. No other bidders have shown up. Representatives of the online gambling industry will be eager to put a year to forget behind them. US legislation barring gambling in the world's largest online betting market severely hurt earnings and share prices across the industry. Now that the dust has begun to settle, investors will want to look forward. PartyGaming reports annual results on Thursday, while Sportingbet reveals interims the same day. Amongst others in the spotlight this week will be Bunzl and Hammerson on Monday; GKN and Standard Chartered on Tuesday; LogicaCMG on Wednesday; National Express and Trinity Mirror on Thursday and Schroders and JD Wetherspoon on Friday. Good hunting! Greystone (Greystone is Alan English, City Editor at MoneyAM.)

From the "UPS thread .....This is my Analysis selection for the "UPS" this week NTA

Share	Volume	Chart	News	Various
NTA price 35.00p	Rising volume since last Thursday reaching last Friday to 13 times the usual	Bouncing from retracement and looking to BREAKOUT at 36p and intraday 38p as Indicators are rising from oversold and MACD turning	Has a 5% stake on a Lancaster Gate site that could get a return from it of 5 to 50% worth a few millions for the company if new plans for large flats are accepted	The properties on their books are mainly in the London West End were thier value is roaring ahead at the highest rate in the country

2 month candlestick with volume

2 weeks chartbollinger bands, MACD

3 month

Category - Keep an Eye
Nickname - Master RSI
Epic - BVC
Mid 35.00p
Reason - Due for results next Wednesday expectations of further progress after great Interims and growth is assured by the recent new adquisitions with yet $45.4 M cash for further purchases. Pretax profits of $10M is expected but a positive update should push shares to BREAKOUT

6 month candlestick with volume

Category - UPS
Nickname - Master RSI
Epic - AVM
Mid - 127.875p
Reason - Has broken from a double bottom and Cup and Handle patterm following good news lately of high-grade gold resources were found following drilling at Durian and Osela in the Indonesia Bakan District. A profitable gold producer with GOLD going higher again lately

2 month candlestick with volume

Director Dealings - Friday 23 February, 2007

3i Group PLC (III)ABB Ltd (ANN)Aberdeen Dev Cap PLC (AVC)Albemarle & Bond Hld (ABM)Alliance Boots plc (AB.)Amvescap PLC (AVZ)Amvescap PLC (AVZ)Amvescap PLC (AVZ)Anglo American PLC (AAL)Aviva PLC (AV.)BAE SYSTEMS PLC (BA.)BIL International (BIL)BSS Group PLC (BTSM)Babcock Intnl Group (BAB)Ballarat Goldfields (BGF)Baronsmead AIMVCTPLC (BAV)Baronsmead AIMVCTPLC (BAV)Baronsmead AIMVCTPLC (BAV)Baronsmead AIMVCTPLC (BAV)Blue Star Mobile Grp (BTR)Carnival PLC (CCL)Character Group PLC (CCT)Chloride Group PLC (CHLD)Clyde Process Solutions PLC (CPSP)Compass Group PLC (CPG)

Cosalt PLC (CSLT)CybIT Holdings PLC (CYH)Debenhams plc (DEB)Debenhams plc (DEB)Debenhams plc (DEB)Econergy Intl. Plc (ECG)Elan Corporation PLC (ELA)Enterprise Inns PLC (ETI)Erinaceous Group PLC (ERG)F&C UK Select Trust (FUS)F&C UK Select Trust (FUS)F&C UK Select Trust (FUS)F&C UK Select Trust (FUS)FirstGroup PLC (FGP)FirstGroup PLC (FGP)Framlington Income (FRNC)General Elec. (GEC)GlaxoSmithKline PLC (GSK)GlaxoSmithKline PLC (GSK)HBOS PLC (HBOS)Imp. Chemical Inds. (ICI)Imperial Tobacco Gp (IMT)Intelek Plc (ITK)Interbulk Investments PLC (INB)

Interco. Hotels Grp (IHG)Lazard Emerging IncLazard European ExpLazard Japan CarinaLazard Japan VelaLazard World Alt ValLeadcom (LEAD)Lincat Group PLC (LCT)Martin CurriePacific (MCP)Mitchells & Butlers (MAB)Morgan Sindall PLC (MGNS)Murgitroyd Group PLC (MUR)Noida Toll Bridge Co (NTBC)Northern Rock PLC (NRK)Oakdene Homes PLC (OKD)Polar Capital ElbrusReed Elsevier PLC (REL)Royal Bk Scot.Grp. (RBS)Shire Plc (SHP)Temple Bar Inv.Tst (TMPL)Temple Bar Inv.Tst (TMPL)Trinity Mirror PLC (TNI)Utilico Emerg Mkts (UEM)Wood Group (John)PLC (WG.)

Morning all. Friday's market reports:

Telegraph
Telegraph (Bloomberg summary)
The Times
FT
The Guardian
The Independent
This is Money

US mortgage crisis goes into meltdown
Sanyo plunges as audit inquiry raises fear of Japanese Enron

Good morning traders!

In Asia today, the Nikkei closed up 26.93 points at 18,215.35, while the
Hang Seng ended morning down 212.08 points at 20,499.57.

Crude oil prices remained above $61 a barrel in Asian trade.

Happy trading!

G.

OUTLOOK Pearson investors to focus on US education market prospectsOUTLOOK AB Foods investors expect update to repeat previous guidanceOUTLOOK Old Mutual FY profit seen up 20 pctOUTLOOK Persimmon FY pretax profit set to rise by 16 pct to 575 mln stgOUTLOOK Hammerson expected to outline dividend policy following REIT conversionOUTLOOK - UK smaller companies results for the 2 weeks to March 9Australian shares close at new records - support from BHP, BlueScope - UPDATEAsian markets summary

Tokyo shares close flat on caution over US economyAFX UK at a glance share guide - weekend

London shares outlook - higher; Old Mutual, Pearson FY, AB Foods update key

AFX UK at a glance share guide

ACM downgraded to neutral from buy - UBS
AGS initiated at equal-weight - target 145 - Morgan Stanley

STOCKWATCH BAE Systems cut to 'hold' by Citigroup on valuation, tgt up to 480p

First Day of Dealings

STOCKWATCH 3i Group downgraded to 'reduce' by UBS on valuation grounds

STOCKWATCH Persimmon rises after solid FY results; Bridgewell keeps 'overweight'

STOCKWATCH Old Mutual higher on FY but gains capped by outlook worriesSTOCKWATCH Cairn Energy firms; SG Securities ups to 'hold' on valuation grounds

UK smallcap opening - William Ransom drops after FY profit warning