Thought I would start a thread just on FTSE350 shares (includes FSTE100).

I don't think we need to have individual threads on each one, as there are times when theses are good buys to tuck away for the future, and times when to leave alone! Please also remember to include the EPIC (saves me looking it up, when I DMOR on your suggestions!)

I hope everyone will think it useful to post info, charts etc about these type of shares, to help more with timing - like when to buy as well as when to sell (or not).

The traders thread has been useful for info for that day but I hope this thread will develop and change in line with the market.

little woman, i've been looking at this share, so many "analysts" reckon this will be a ftse 100 company soon, it's recently had a 5 for 1 share issue so it's more accessible, but I would like to enter at about 280

IAP goes ex div in July, and the final results should be out at the end of May. The 5 for 1 issue, when was that? The reason I ask is - am I working out the a dividend based on the shares before or after the increase?

Bush, do you think it will get that low? If it drops that low i'll buy some more. Last few weeks, 3.16/3.21/3.17/3.09/3.25/3.12/andlast week 3.05p

from memory it was about a month ago, sorry i'm being vague, but it was a 15 share so I was saving up for it! Then it suddenly went to about 320, now I'm just getting greedy. Hope this helps with whatever calculations you are doing!

Little woman, now you have me thinking,on the 24/01/2004 it was 16.15p and on the 13/02/2004 it was 3.16p so must have been some time in-between. Sorry not giving it any attention at that stage. so can't be certain of the date.

Hi Little woman,

Taking the divi on Legal & General tomorrow, and hoping price holds reasonably well. I like the defensive qualities of UK financials, as risk balancers to more adventurous growth stocks. Market looks like going sideways for a while, so yields plays are my current favourites. Growth stocks may take a breather.

I'm also using Investment Trusts to bank profits in, and use them as portfolio stabilisers to protect/preserve capital & overall return. I got my fingers burnt in 98-99 and vowed never again to ignore capital protection as part of my portfolio management!

I like FCIT (F&C IT), (BNKR) Bankers Investment trust, Perpetual Income Growth,
F & C Income growth (FIG). All very stable price wise & offering growing dividend yields in the 2-4% range. A better home than current money market/cash returns, for money not invested in equities.

On a 12 month view, I still really like LGEN & LLOY in financials, Galen(GAL) (Pharma), St. Modwen Properties(SMP) & Marks & Spencer (MKS) retail. A UK based bias for the year ahead might offer lower volatility in overall returns.

All IMHO.

TSQ.

I noted from an earlier post, comment about stocks on verge of FTSE 100 membership.

It would be interesting to look at say, the first 50 of the FTSE 250 to see which may be the most likely new entrants given their growth records.

I'm not an expert on the ins & outs of the index and the trigger points for entry ie. market caps etc., but a list might be good.

Anybody know best source of info?

TSQ

LSE provides a download of all UK listed companies including market cap.

Don't know how frequently they update the values.

from the LSE home page click 'Companies' then scroll down to the excel spreadsheets.

'Have some info on index changes somewhere and if it falls to hand will let you know.

http://www.londonstockexchange.com/invrel/default.asp

Entry to 100 = 90th or above in market cap.
Exit 100 = 111th or below

Entry to 250 = 325 or above
Exit 250 = 376 or below

Be fun to pull a forecast together (depending on your idea of fun).
When is the next shuffle ?

38

http://www.ftse.com/indices_marketdata/ground_rules/uk-series-ground-rules.pdf

Many thanks 38!

going to take a look.

TSQ.

Hi TSQ,

I did the numbers of the FTSE 100 changes and the process is fairly straight forward. Sort the LSE list by cap and select the largest 150. Find the highest listed 250 and lowest 100 stock. Check the cap of the company, say, 10 higher than the highest 250 and ten lower than the lowest 100. Check the list by searching for all companies within these parameters on Company refs. (LSE list is two months old, Refs is weekly). Call that the opportunity set.

Sort by cap. All the 250 stocks at 90th or higher are promotion candidates and 100 stocks at 111 or below are demotion candidates.

At the last review Enterprise Inns went into the FTSE100 at 91, F&Col left at 114. (Why did Enterprise go in at 91 ? - no idea). New inclusions to the 250 went in at 155,166,264,283,322 and 324.

So predicting the 250 is more difficult just because of the number of different lines of stock that need to be entered into the system to make it work with any degree of certainty.

The next committe meeting takes place on Wednesday 9th of June.

I'm sure these forecasts are in a mag / paper some where.

Yours,

With insomnia,

38

LW...Although Shell had probs estimating future reserves, 330 was an important low last year, climbing to 420 with very bullish divergence..Though the price has been edging lower RSI has made higher lows so descent could be slowing!!
Full year net profit was up on the back of higher prices @ $11.7 billion against $9.28 billion previously...
Current investment however, will not pay off until 2006/07.. Perhaps the worst is now over!?!

I hope you are right webmeister. Only time will tell

Is PSN bouncing back up?

I have a bit of cash that needs to go into a least one, possibly up to five highish yielding FTSE350 companies in about 2 weeks. Like most things it's a question of timing.

So I'm looking for suggestions (& a discussion why) to produce a good list of about 15 companies to choose from, so that between now & then it is just a matter of eliminating the ones, that are currently what I call "too expensive"!

I currently have: PSN, SCTN & ULVR that I am watching (held, made good profits & received dividends this year, but dropped below stop loss price so sold)

Not a high yield play, but in valuation terms Galen Holdings (GAL), has lost a bit of ground recently making it a STRONG BUY in my book. Whilst scares persist over HRT drugs, Galen's pipeline encompasses a much wider field, including oral contraceptives, acne treatments, analgesics, antibiotics and novel drug delivery systems. The HRT scares continue to be the reason Galen trades at a discount to the sector.

Excellent management, increased US sales force and earnings forecast to rise significantly over next 2 years to 66pence and 89pence. Pricing Galen on a p/e of 18( a slight discount to the sector average), gives me price targets of 1200pence for 04, and 1600pence for 05.

Present price ~820pence, IMHO STRONG BUY.

TSQ.

Hi LW:

7 prospects filtered out of the 350 based on a good covered divi, positive EPS growth rates and postive trend ROCE - but with no regard to current news, sentiment or technicals: BATS / GLH / DXNS / JLT / MTN / DCG / BWNG

Not in a position to discuss them at the mo'...

Regards