Crocodile
- 25 Nov 2003 21:50
Premarket Futures |
FTSE +2 |
DAX +3 |
DOW -4 |
S&P +0.7 |
Nasdaq +1.5 |
News: |
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The major US indexes closed little changed despite a
late-session attempt at a rally, as investors played it cautious following
the morning's upbeat economic reports and ahead of the next session's spate
of economic news. the Dow Jones finished up 16.15 , S&P up 1.81 and the
Nasdaq down 4.10.
The FTSE is forecast to open little changed but the day
before Thanksgiving is often volatile with a 100 point plus move on the
markets. We also have a raft of US economic reports to get through.
British Land The UK's
second-biggest property firm posted a slight rise in first half net asset
value on Wednesday and said it saw encouraging signs for the central London
property market. Net asset value (NAV) on an adjusted diluted basis, a key
performance gauge for property firms, rose 1.2 percent to 870 pence per
share with analysts forecasts of between 840-890p. The firm also boosted its
interim dividend by eight percent to 4.43 pence per share.
Carlton Communications reported a 68 percent rise in
annual profits on Wednesday and said the current quarter had started well.
Profit was 60 million pounds and compares with 36 million pounds last year.
They announced a second interim dividend of two pence per share, giving a
total of 4p for the year. It said it expected its share of total ITV net
advertising revenue to be up one percent in the current quarter.
Granada reported annual
pre-tax profits at the top of market forecasts on Wednesday and raised its
cost-savings target from its proposed merger with Carlton. It was now
targeting cost savings of 100 million pounds and It reported profit of 179
million pounds for the year with analysts forecasts of 134-179 million
pounds.
Lonmin: the world's third largest platinum miner
reported a 12 percent fall in year pre-tax profit to $291 million from $332
million, above consensus forecast of $281 million hit by a strong South
African rand, and said its current trading was satisfactory.
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United Kingdom |
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United States
(GMT) |
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Europe & World (GMT |
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British
Land (I) PBT 83.7m exp.
Carlton Communications (F) PBT 66m exp.
Granada (F) PBT 155.3m exp. Lonmin (F) EBITDA 334 exp.
Avocet Mining (I), Connaught (F), Countryside Properties (F), Nord Anglia
Education (F), Paragon Group (F), Speedy Hire (I)
09.30 3rd Quarter Revised GDP q/q
0.6%
09.30 Index of Distribution 3m y/y Anglo Irish Bank (Q3)
11.00 Queens Speech Outlining Government Agenda
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13.30 Oct Personal Income 0.4%
exp.
13.30 Oct Personal Spending flat exp.
13.30 Oct Durable Goods Orders 0.5% exp.
13.30 Initial Jobless Claims (w/e 21/11) 360k exp.
14.50 Nov Final Michigan Sentiment 94.0 exp.
15.00 Oct New Home Sales 1138k exp.
15.00 Nov Chicago PMI 57.0 exp.
15.00 Oct Help Wanted Index 38.0 exp.
19.00 Fed Beige Book |
Hanover Re (Q3), Ahold (Q3) |
Ex Dividend:
Amec (3.6), Brixton (3.95), Brown Group (1.74), Detica Group (1.8), Euromoney
Institute (9.75), Geest (8), Great Portland Estates (3.5), HSBC Holdings (US$
0.12), J Sainsbury (4.33), Mice Group (0.5), Mucklow A&J (6.03), Natioanl Grid
Transco (7.91), Next (11), Safeway (3.05), Vodafone (0.954), Westbury (4.45) |
Druid2
- 26 Nov 2003 08:05
- 4 of 37
Morning all. Thanks Croc & TP.
Melnibone
- 26 Nov 2003 09:11
- 6 of 37
Morning all,
I won't be able to post much today.
My ISP (NTL), seems to be having problems.
It's taken me 40 minutes to get this far.
Certainly can't trade like this, too big a danger
of not being able to close a losing position.
Good luck to all of you and pleased to see that
LLOY is coming good for you little woman.
Melnibone
Douggie
- 26 Nov 2003 09:12
- 7 of 37
monin all. thanks Croc you say FTSE could go 100pts any idea which way, or shouldnt I ask,
Melnibone
- 26 Nov 2003 10:02
- 8 of 37
At last, my ISP has come good. It's been playing up
since 1830 hrs last night.
I see the FTSE is at the top of the trend channel.
Will take something special for it to break through
it today.(Famous last words)
Melnibone
zarif
- 26 Nov 2003 12:43
- 9 of 37
Tread carefully today. new terror alert in Turkey
FCO advises Britons against all but essential travel to Istanbul, Ankara and other major cities
stockbunny
- 26 Nov 2003 15:00
- 11 of 37
So HAS has finally sold off part of its log's business...Shares Up
GAA are as usual presenting share holders with the massive
dividend of 1p.....But results are good and shares Up..
And the banking sector by and large are having an Upwardly
mobile day on the share price front....
MKS are putting in a fair performance too....
On balance this is a positive day!!!
Be lucky people!!
stockbunny
- 26 Nov 2003 15:13
- 13 of 37
Bought mine (GAA) about 18 or so months ago - very tempted frankly to
hold on until break-even - 133p or thereabouts - and take a view at
that point whether to hold for long after the 'merger payout'happens.
We will get 7-odd pence per GAA share I believe....
stockbunny
- 26 Nov 2003 15:24
- 15 of 37
Oh that was a nice surprise - GAA break even target for me
less than I thought (having now gone and actually checked it!)
130.62p but still a way off yet!
stockbunny
- 26 Nov 2003 15:25
- 16 of 37
81p a share - that's good going- Wanna Swop??? (lol)
Melnibone
- 26 Nov 2003 15:26
- 17 of 37
As I hoped for, as posted last night.
FTSE running true to form, up to the top of the trend channel
and down again. :-)
How far down do we go?
My crystal ball's fogged up.
Anyone else got a view?
Melnibone
Melnibone
- 26 Nov 2003 15:41
- 20 of 37
S@P and DOW have filled the gap open and seem to
be trying to hold.
If the S@p goes down a few more points it will hit
support.
The news was good so the rot may stop here.
With a bit of luck this may be near the bottom of the
day for the FTSE.
Melnibone
Melnibone
- 26 Nov 2003 16:06
- 21 of 37
Right, we've got the few points drop on the S@P,
so this is where it needs to hold.(Circa 1050 )
If it starts to push through to 1048 it's tin hat time.
Melnibone.
zarif
- 26 Nov 2003 16:08
- 22 of 37
I hope it holds. melnibone as have got some longs open atm on dow.
stockbunny
- 26 Nov 2003 16:10
- 23 of 37
Melnibone
Just ran over the tea-rooms for you and brought you back
a cuppa sounds like a nervous afternoon you're having!