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INSIDER TRADERS NOTE PAD. (IT)     

Insider trader - 26 Jan 2003 17:18

Latest news.

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ainsoph - 16 Apr 2003 10:37 - 46 of 95

nothing too serious I trust?

Insider trader - 16 Apr 2003 10:48 - 47 of 95

Hopefully not, I notice you dont post on the other side anymore, I take it you got fed up with the usual suspects.

ainsoph - 16 Apr 2003 11:34 - 48 of 95

:-))

It got boring after a while and happy to post here - it doesn't take long to post and although quiet I do know a lot of people look in albeit they don't always post. Not posted on the dark side for over two months ....... miss it like a hole in the head - as they say.


ains

little woman - 21 Apr 2003 13:38 - 49 of 95

Please keep going, I was wondering were this disappeared to.

I must admit it's much easier to use the links here than from "my favorites" which has so many that I struggle to remember which one to use!

Also helps with ideas for companies to take a more detailed look at. (too many companies out there, and although I have a couple of sectors I have stuck with, I have to regulary re-evalute as many are not currently sectors to "buy" into, and it could be sometime before my view on them changes........ so I kinda keep up just in case!)

shagnasty - 21 Apr 2003 13:43 - 50 of 95

ROFLMAO

Difficult to post when you are banned,

LOL!!!

Insider trader - 21 Apr 2003 18:49 - 51 of 95

The consensus recommendation gives a numerical rating where 1=buy, 2=outperform, 3=hold, 4=Underperf. and 5=sell.
UK, US and European results this week
Result DateCompany nameCountryResultsConsensus RecNo AnlEPSRevenue
21-AprBaker Hughes IncUSQ12.15Outperform261.085,322
21-AprBoston Scientific CorpUSQ11.79Outperform241.283,320
21-AprLexmark IncUSQ12.30Outperform103.154,611
21-AprMerck & CoUSQ12.83Hold293.456,309
Tuesday
22-AprAmgen IncUSQ11.66Outperform291.767,652
22-AprBrown & JacksonGBFY1.00Buy33.6
22-AprEli Lilly & CoUSQ12.41Outperform292.5412,141
22-AprLockheed Martin CorpUSQ11.90Outperform202.1929,349
22-AprSchering-PloughUSQ13.00Hold280.759,280
Wednesday
23-AprARC InternationalGBQ12.00Outperform6-514
23-AprBell South CorpUSQ12.94Hold351.8527,676
23-AprBoeing CorpUSQ12.71Hold211.9849,235
23-AprBuderusDFY2.87Hold151.751920
23-AprCardinal HealthUSQ11.79Outperform193.1950,894
23-AprEastman Kodak CompanyUSQ13.75Underperform42.5512,840
22-AprFerraris GroupGBH12.00Outperform316.268
23-AprHt & WesselDFY2.00Outperform1-0.1582
23-AprImperial Oil LimitedUSQ13.09Hold113.616,072
23-AprLambda PhysikDH13.00Hold100.2399
23-AprMalcolm GroupGBFY1.00Buy27.21101
23-AprMBNA CorpUSQ12.42Outperform241.5913,974
23-AprPunch TavernsGBH12.40Outperform1030.3421
23-AprStraumann HoldingCHAGM2.00Outperform134.29317
23-AprVosslohDQ11.83Outperform63.79872
23-AprWyethUSQ12.43Outperform282.4515,686
Thursday
24-AprActif GroupGBH12.00Outperform11
24-AprAllied DomecqGBH12.65Hold2032.023499
24-AprBlack & DeckerUSQ12.07Outperform153.544,455
24-AprBHW HoldingDFY3.56Underperform90.57
24-AprCIBA Specialty ChemicalsCHQ12.56Hold276.467000
24-AprDaimlerChryslerDQ12.58Hold373.58148641
24-AprDFS FurnitureGBH12.00Outperform1336.35501
24-AprFielmannDFY1.75Outperform122.41705
24-AprGeheDAGM2.10Outperform213.0219540
24-AprHitachi CreditGBFY3.00Hold418.7
24-AprKellogg CoUSQ12.53Hold171.898,542
24-AprKilnGBFY2.67Hold34.45
24-AprLoeweDFY4.00Underperform70.62364
24-AprMannheimer AGDFY3.00Hold2-4.72
24-AprMLPDFY3.53Underperform16-0.18
24-AprNobel Biocare HoldingCHAGM2.38Outperform1321.893268
24-AprNortel NetworksUSQ12.70Hold37-0.039,633
24-AprSBC Communications IncUSQ12.91Hold341.6149,996
24-AprSiemensDInterims2.61Hold392.2978528
24-AprSoftware DQ13.40Underperform250.56465
24-AprStyloGBFY3.00Hold1
24-AprWeb.deDQ12.00Outperform30.0544
Friday
25-AprAmadeusDprem. FY1.67Outperform30.6264
25-AprAutonomy CorpGBQ13.43Hold144.1735
25-AprAvon ProductsUSQ12.22Outperform92.566,561
25-AprMasterflexDFY1.00Buy10.656
25-AprP&O Princess CruisesGBQ12.44Outperform1034.031924
25-AprRegusGBFYNo ratingNo rating1
25-AprRohwedderDFY3.00Hold10.75
25-AprSigma TechnologyGBFY3.00Hold1

Insider trader - 24 Apr 2003 09:03 - 52 of 95

This table indicates how broker recommendations for key FTSE 100 companies have changed in the last 24 hours. It details how great the rating change has been and reasons for this change. The consensus recommendation gives a numerical rating where 1=Buy, 2=Outperform, 3=Hold, 4=Underperform and 5=Sell.
 22nd Apr23rd AprChangeConsensus RatingBroker Change
Allied Domecq2.612.83arrowdown.gif-8.4%HoldAhead of tomorrow's interim results HSBC reiterates "reduce" rating as it believes the risks are on the downside, while DKW says "buy" but continues to prefer rival, Pernod Ricard
AstraZeneca2.432.44arrowdown.gif-0.4%OutperformRating moves slightly ahead of Q1 figures out next week and on positive Q1 figures from US peer Eli Lilly
BHP Billiton2.452.5arrowdown.gif-2.0%OutperformQ3 trading report reveals a weak performance in oil and gas and a stronger than expected performance from mining assets, prompting a "reduce" rating from Investec
Friends Provident2.732.81arrowdown.gif-2.9%HoldLehman initiates coverage with an "underweight" rating, as it believes that, without a recovery in equity markets, FP will find it tough to compete in the UK market
GlaxoSmithKline2.92.92arrowdown.gif-0.7%HoldRating slips as BSCH and CDC Ixis reduce full year forecasts ahead of next week's Q1 results
Legal & General2.572.63arrowdown.gif-2.3%HoldLehman initiates coverage with "underweight" rating, as the broker fears LGEN will use its capital strength to support an unsustainable dividend payment
Reuters3.63.60.0%UnderperformShares lift as the UK market, European media sector and the investment banking community rise. However in spite of being one of the main risers on the FTSE today its rating sticks
Sage2.973arrowdown.gif-1.0%HoldUBS downgrades to "neutral" as the broker highlights the negative underlying license momentum and the unimpressive organic growth rate of 2-3%
Scottish & Newcastle2.963arrowdown.gif-1.4%BuySmith Barney points out that fears of a dividend cut will continue to hang on the shares until the cut is announced or until substantial cash flow improvements are seen
WPP3.043.040.0%HoldWilliams says "hold" ahead of WPP's Q1 revenue figures on Friday. The broker expects revenue to be slightly down but the outlook to be brighter as improvements are seen in advertising market, but it adds the group will remain vulnerable to company specific problems

Insider trader - 28 Apr 2003 07:26 - 53 of 95

The broker ratings are overall consensus figures derived from Multex Global Estimates reports. The EPS, EBIT and revenue estimates relate to the full-year and therefore do not necessarily correlate to the reporting period indicated. The consensus recommendation gives a numerical rating where 1=buy, 2=outperform, 3=hold, 4=Underperf. and 5=sell.
UK, US and European results this week
Result DateCompany nameCountryResultsConsensus RecNo AnlEPSRevenue
28-AprAmbientGBFY2.00Outperform2
28-AprMacdonald's CorpUSQ12.61Hold181.3215,828
28-AprPPL TherapeuticsGBFY3.25Hold4-10.101
28-AprProcter & GambleUSQ31.73Outperform114.0643,060
28-AprABBCHQ13.52Hold290.1825051
Tuesday
29-AprABN AmroNLAGM2.39Outperform381.59
29-AprAlexandraGBFY2.00Outperform28.1074
29-AprAllianzDAGM2.95Hold232.80
29-AprBASFDQ12.43Outperform282.5733025
29-AprBijou BrigitteDFY1.50Buy/Outperform25.43119
29-AprBookham TechnologyGBQ13.00Hold7-30.20100
29-AprBPGBQ12.88Hold3229.00108921
29-AprBritish American TobaccoGBQ12.38Outperform1667.5411382
29-AprCewe Color HoldingDFY1.67Outperform32.69450
29-AprE.I. DuPont de NemoursUSQ12.38Outperform161.8125,314
29-AprEuropean Motor HoldingsGBFY2.33Outperform314.50450
29-AprFraportDFY2.22Outperform231.751942
29-AprHawesko HoldingDFY & Q12.75Hold41.64278
29-AprIDS ScheerDQ11.85Outperform130.45197
29-AprInfineon DH13.13Hold38-0.365943
29-AprJenoptikDFY2.50Outperform110.842086
29-AprMcGrawHill Companies IncUSQ12.68Hold133.204,994
29-AprMerckDQ13.31Hold261.637686
29-AprNorthop Grumman CorpUSQ12.11Outperform183.8125,482
29-AprOxford GlycosciencesGBFY3.42Hold15-58.4014
29-AprSAP Systems IntegrationDQ12.50Outperform/Hold140.71302
29-AprSartoriusDFY2.00Outperform10.43493
29-AprSyzygyDQ12.00Outperform30.1916
29-AprTakktDQ12.67Hold60.63814
29-AprWestburyGBFY2.11Outperform957.90773
Wednesday
30-AprAberdeen Asset Management GBH12.50Outperform/Hold79.89
30-AprAdidas-SalomonDQ12.24Outperform265.756850
30-AprAstraZenecaGBQ12.43Outperform4599.0711030
30-AprBlacks LeisureGBFY1.67Outperform922.90217
30-AprCelaneseDQ12.39Outperform181.994596
30-AprClear Channel CommunicationsUSQ11.80Outperform251.278,765
30-AprDeutsche BankDQ12.70Hold372.69
30-AprDuke Energy CorporationUSQ13.17Hold241.3920,403
30-AprE.ONDAGM2.35Outperform343.9745419
30-AprExelon CorporationUSQ12.53Hold174.9015,640
30-AprGame GroupGBFY2.62Hold135.94531
30-AprGFKDFY2.00Outperform81.10597
30-AprGlaxoSmithKlineGBQ12.92Hold3981.8121701
30-AprIntershop CommunicationsDQ13.50Hold/Underperform3-0.0549
30-AprMetroDFY2.34Outperform301.4754267
30-AprPressacGBFY3.00Hold21.00134
30-AprRugby EstateGBFY3.33Hold389.60
30-AprScheringDQ12.11Outperform382.555266
30-AprSchwarz PharmaDQ12.22Outperform95.961941
30-AprSplendid MedienDFY5.00Sell1-3.4436
30-AprThe Southern CompanyUSQ12.86Hold211.8410,811
30-AprWhitbreadGBFY2.50Outperform/Hold1850.251868
Thursday
1-MayImperial Chemical IndustriesGBQ12.68Hold1917.155841
1-MayJennings BrothersGBFY3.00Hold116.4017
1-MayJohn David GroupGBFY3.50Hold/Underperform824.69406
1-MayPhytopharmGBH12.40Outperform5-10.102
1-MayShilohGBFY1.00Buy111.3045
1-MayShire PharmaceuticalGBQ12.63Hold1934.37744
1-MayThompson CorpUSQ12.56Hold161.148,020
1-MayTyco International LtdUSH11.67Outperform121.4330,077
1-MayThe Walt Disney CorpUSH12.41Outperform290.6426,749
Friday
2-MayGiardino GroupGBFY2.50Outperform/Hold27.4024
2-MayShell Transport &TradingGBQ12.50Outperform/Hold2627.4696288
2-MayUnileverGBQ12.05Outperform2241.4131434
This table indicates how broker recommendations for key FTSE 100 companies have changed in the last 24 hours. It details how great the rating change has been and reasons for this change. The consensus recommendation gives a numerical rating where 1=Buy, 2=Outperform, 3=Hold, 4=Underperform and 5=Sell.
 24th Apr25th AprChangeConsensus RatingBroker Change
Amvescap3.363.43arrowdown.gif-2.1%HoldDKW downgrades rating to "sell" as the broker feels the stock's recent strength following the rally in US equities provides an opportunity to sell.
Anglo American2.672.71arrowdown.gif-1.5%HoldSmith Barney lowers its rating to "underperform" as the broker believes that BHP Billiton's and Rio Tinto's exposure to higher margin commodities will allow them to outperform Anglo American
AstraZeneca2.482.49arrowdown.gif-0.4%OutperformAhead of Q1 results on 30th April brokers remain divided, ranging from Williams who say "sell" to UBS who says "buy. Given the division the rating continues to falter.
British Land2.152.23arrowdown.gif-3.7%OutperformCSFB's recent look at the property market has shown that the several key property areas have continued to weaken. CSFB revises its forecast on British land to "neutral" as a result
Canary Wharf33.11arrowdown.gif-3.7%HoldCWG is also downgraded by CSFB to "underperform" as part of the broker's review of the property sector, which highlighted CWG's key market in Central London as one of the markets that has weakened
Granada2.782.86arrowdown.gif-2.9%HoldTV forecast advertising figures for June reveal a further decline in the advertising market. Merrill notes that comparables were tough, but admits that after its strong run recently GAA may suffer as this news filters through the market
Hilton Group2.822.91arrowdown.gif-3.2%HoldConditions in the hotel sector are expected to remain volatile in the short term following the war in Iraq and now the SARS virus, which in turn causes the ratings for key hotels stocks to suffer
Liberty International3.213.14arrowup.gif2.2%HoldFollowing its strong first half performance in shopping centres, CSFB has upgraded its rating to "neutral" from "underperform"
Prudential2.72.70.0%Awaiting ChangeMorgan Stanley has downgraded PRU following its concerns for the group's tight cash flow
Vodafone2.122.11arrowup.gif0.5%OutperformMerrill reiterates its positive view on the European telecom market and Deutsche also issues a positive note on the telecom giant in which it lifts its forecast ahead of FY results on 27th May

Insider trader - 29 Apr 2003 07:23 - 54 of 95

This table indicates how broker recommendations for key FTSE 100 companies have changed in the last 24 hours. It details how great the rating change has been and reasons for this change. The consensus recommendation gives a numerical rating where 1=Buy, 2=Outperform, 3=Hold, 4=Underperform and 5=Sell.
 25th Apr28th AprChangeConsensus RatingBroker Change
Anglo American2.712.81arrowdown.gif-3.7%HoldAs part of a review of the mining sector Williams de Broe has downgraded Anglo American to "hold"
BHP Billiton2.52.6arrowdown.gif-4.0%HoldAlso as part of its mining review Williams lowers BHP to "sell", adding that falling oil prices and a drop in oil production is expected to cause BHP to underperform the sector
BP2.882.84arrowup.gif1.4%HoldBP's rating lifts as many brokers reiterate positive stances on the stock ahead of tomorrow's Q1 figures
BT Group2.62.62arrowdown.gif-0.8%HoldRating falters as press reports indicate that BT could be back on the acquisition trail
Dixons2.522.54arrowdown.gif-0.8%HoldHopes that it won't be penalised following the probe into the extended warranty market caused the shares to lift, but trading conditions remain tough and the consumer outlook is uncertain. This situation has prompted downgrades from CSFB ("neutral") and Merrill ("sell") and upgrades from Deutsche ("buy"), DKW ("add") and Goldman Sachs ("outperform")
Intercontinental Hotels2.42.5arrowdown.gif-4.2%OutperformMorgan Stanley initiates coverage with an "equal weight" rating as it sees strong growth potential. However tough trading conditions and concerns over whether it is a potential takeover target continue to plague the stock
Next2.742.83arrowdown.gif-3.3%HoldDKW downgrades to "hold" as it predicts H1 profits will be down given the retailer's tough comparables and the increasing competition
Rio Tinto2.822.91arrowdown.gif-3.2%HoldWilliams downgrades to "hold", but adds it will suffer less than peers given its lack of exposure to South Africa
Vodafone2.112.03arrowup.gif3.8%OutperformNomura upgrades to "buy" as it expects VOD's full year figures (late May) to exceed expectations
WPP Group3.042.96arrowup.gif2.6%HoldWilliams upgrades to "buy" based on better than expected Q1 advertising data from the US

Insider trader - 23 May 2003 07:42 - 55 of 95

This table indicates how broker recommendations for key FTSE companies have changed in the last 24 hours. It details how great the rating change has been and reasons for this change. The consensus recommendation gives a numerical rating where 1=Buy, 2=Outperform, 3=Hold, 4=Underperform and 5=Sell.
  21st May 22nd May Change Consensus Rating Broker Change
Abbey National 2.83 2.75 arrowup.gif 2.8% Hold WLBP reiterates its "buy" rating despite the shares climbing 50% in recent weeks. It has set a 646p target price.
British American Tobacco 2.38 2.44 arrowdown.gif -2.5% Outperform A Florida court's decision to overturn the original ruling against BAT cause Deutsche to up its target price to 710p from 670p. But Goldman Sachs downgraded to in-line from outperform believing there is little room for improvement.
Compass Group 2.25 2.2 arrowup.gif 2.2% Outperform Morgan Stanley ups its rating to Outperform with a 345p target price, believing we will see another year of strong operational performance.
Dixons 2.65 2.59 arrowup.gif 2.3% Hold Merrill Lynch restates its "sell" position as trading remains tough and downside risks remain.
Great Universal Stores 2.41 2.35 arrowup.gif 2.5% Outperform UBS Warburg, DKW and Deutsche Bank all reiterate their positive ratings ahead of next week's results.
Granada 2.71 2.64 arrowup.gif 2.6% Hold Investec restates its "buy" rating and 135p target following the results. Meanwhile Merrill lowers revenue targets but raises earnings and profit numbers to reflect improved efficiencies.
Marks & Spencer 2.85 2.77 arrowup.gif 2.8% Hold Teather & Greenwood ups its rating to "hold" believing shares are recovering and cashflow is strong enough to support a buyback programme. Charles Stanley reiterates its "buy" rating.
National Grid Transco 2.42 2.18 arrowup.gif 9.9% Outperform JP Morgan lowers its fair value estimate to 515p from 556p to reflect adverse US dollar movements. HSBC reiterates its "buy" rating and 475p target price despite NGT's 7% premium to the sector. It believes NGT's share buybacks limit the downside risk.
Reuters 3.59 3.26 arrowup.gif 9.2% Hold Morgan Stanley moves to "overweight" from underweight and increases its target price to 220p from 130p. It is now more optimistic over product improvements and competitor capacity and believes outstanding risks to forex and pricing are already reflected in its estimates. WLBP also ups its rating to "buy".
Rolls-Royce 3.47 3.56 arrowdown.gif -2.6% Hold CSFB reiterates its "underperform" rating because of concerns over a owrsening travel industry postion.

Insider trader - 24 May 2003 21:17 - 56 of 95

  23rd May 27th May Change Consensus Rating Broker Change
Allied Domecq 2.71 2.63 arrowup.gif 3.0% Hold Williams de Broupgrades Allied to "buy" as it is now the preferred beverage play ahead of SABMiller
BT Group 2.68 2.59 arrowup.gif 3.4% Hold Many brokers amend their estimates following the telecom group's results last week. Deutsche ups sales, PBT and EPS targets, whereas Exane lowers all three. JP Morgan lowers sales but ups EPS. WLBP reiterates "buy" rating and 240p target price, heartened by the improvement in net debt position. Meanwhile, Lehman adds BT as a short to its European monthly focus list.
Hanson 2.83 2.72 arrowup.gif 3.9% Hold Teather & Greenwood ups its rating to "buy". Meanwhile, Smith Barney notes that Hanson has made greater provision for potential asbestos risk relative to its liabilities than peer, Saint Gobain.
Royal & Sun Alliance 3.13 3.17 arrowdown.gif -1.3% Hold Goldman downgrades to "in-line" from outperform following the share price rally that occurred on the back of better than expected results, believing there is lmited upside to the current value.
SABMiller 2.89 3.11 arrowdown.gif -7.6% Hold Lehman lowers its rating to "underweight", ABN Amro lowers to "sell" following the revelation that management expects Miller's decline to continue a further two years.
Scottish & Newcastle 2.79 2.71 arrowup.gif 2.9% Hold Williams de Broups rating to "buy" but HSBC still says "reduce".
Tomkins 2.82 2.76 arrowup.gif 2.1% Hold Deutsche upgrades to "hold" following the first quarter results and ups the target price to 192p from 155p. Meanwhile, UBSWarburg downgrades to "neutral" following a recent strong performance by the shares. UBS maintains its 240p target price.
MM02 2.56 2.59 arrowdown.gif -1.2% Hold Goldman downgrades to "in-line" from outperform. It believes there may be upside potential if 02 were to sell its German business but does not view this as imminent enough to compensate for the increasing competitive risks the company faces.
3i Group 3 3.2 arrowdown.gif -6.7% Hold Bridgewell upgrades stock to "overweight", believing its upside potential is ideal for those wary of the recent rally some "long-only" financial stocks have experienced
Vodafone 1.95 1.97 arrowdown.gif -1.0% Outperform WLBP says "outperform" ahead of results with a 140p target price. CSFB thinks the shares could rise to 130p if the euro holds against the pound. Oddo thinks earnings will be "decent" but Cazenove thinks Germany is a "notable risk" to ARPU levels.

Insider trader - 25 May 2003 10:29 - 57 of 95

The broker ratings are overall consensus figures derived from Multex Global Estimates reports. The EPS, EBIT and revenue estimates relate to the full-year and therefore do not necessarily correlate to the reporting period indicated. The consensus recommendation gives a numerical rating where 1=buy, 2=outperform, 3=hold, 4=Underperf. and 5=sell.
UK, US and European results this week
Result DateCompany nameCountryResultsConsensus RecNo. AnlEPSRevenue
27-May Cewe Color D Q1 1.67 Outperform 3 2.69 450
27-May D. Logistics D Q1 3.25 Hold 5 0.05 339
27-May DEAG Deutsche Entertainment D Q1 1.00 Buy 1 0.13 122
27-May Hannover Rkversicherung D AGM/Q1 2.35 Outperform 24 3.11
27-May Indus D FY 2.00 Outperform 2 3.26
27-May Microlog Logistics D Q1 2.33 Outperform 3 1.70 357
27-May MLP D Q1 3.59 Underperform 18 0.39
27-May RM GB H1 3.17 Hold 6 6.20 197
27-May Sixt D FY 3.00 Hold 2 0.58 2,130
27-May Telekom Austria AU Q1 2.42 Outperform 12 0.20 3,957
27-May TUI D Q1 3.83 Underperform 19 0.66 20,383
27-May Umweltkontor D Q1 3.50 Hold/Underperform 6 0.27 264
27-May Vodafone Group GB FY 1.95 Outperform 37 6.39 30,321
Wednesday
28-May Analytik Jena D Interims 3.00 Hold 2 0.05 80
28-May British Land GB FY 2.17 Outperform 12 21.87
28-May Costco Wholesale Corp US Q3 2.52 Hold 25 1.57 42,087
28-May De La Rue GB FY 3.25 Hold 4 17.78 548
28-May Emap GB FY 2.76 Hold 18 48.20 962
28-May Euromicron D Q1 2.00 Outperform 1 1.07 138
28-May Gauss Interprise D Q1 4.00 Underperform 1 -0.34 30
28-May Girindus D Q1 3.00 Hold 2 -0.47 31
28-May GUS GB FY 2.41 Outperform 23 46.35 7,069
28-May ICAP GB FY 1.20 Buy 5 76.50
28-May Krispy Kreme Donuts US Q1 2.14 Outperform 7
28-May LPKF Laser & Electronics D Q1 2.80 Hold 5 0.19 26
28-May Nexus D Q1 4.00 Underperform 1 36
28-May Northern Foods GB FY 3.20 Hold 15 13.90 1,405
28-May Peacock Group GB FY 2.18 Outperform 11 14.70 399
28-May Premier Farnell GB Q1 2.33 Outperform 6 11.39 768
28-May Shanks Group GB FY 2.56 Hold 9 10.60 544
28-May Szucker D FY 1.80 Outperform 10 1.48 4,406
Thursday
29-May Big Food Group GB FY 3.06 Hold 16 2.14 5,180
29-May BTG GB FY 2.75 Hold 4 -32.53 33
29-May Chloride Group GB FY 2.86 Hold 7 1.86 141
29-May Daily Mail & General Trust GB H1 2.80 Hold 11 33.00 2,011
29-May Electrocomponents GB FY 2.78 Hold 9 16.28 739
29-May Invensys GB FY 3.28 Hold 21 2.52 4,835
29-May Lonmin GB H1 2.82 Hold 18 53.94 466
29-May Pennon Group GB FY 2.77 Hold 13 47.00 408
29-May PETsMART Inc US Q1 1.8 Outperform 5
29-May Pilkington GB FY 2.69 Hold 16 6.14 2,598
29-May Plasmon GB FY 2.00 Outperform 1 9.36 61
29-May Securicor GB H1 2.00 Outperform 12 8.89 1,382
29-May Wagon GB FY 2.33 Outperform 6 14.30 445
Friday
30-May Brain Force Software D Q1 1.00 Buy 1 0.05 61
30-May Fuller, Smith & Turner GB FY 1.80 Outperform 5 45.25 139
30-May Splendid Medien D FY 5.00 Sell 1 -3.44 36
30-May Synstar GB H1 2.00 Outperform 4 3.84 233
30-May W.E.T. Automotive Systems D Q3 1.20 Buy 5 5.50 178

fenthuckpb - 27 May 2003 16:21 - 58 of 95

Nice Thread Inside Trader, good job!

Insider trader - 28 May 2003 07:05 - 59 of 95

Thanks fenthuckpb, I hope it's useful for whoever visits. This table indicates how broker recommendations for key FTSE companies have changed in the last 24 hours. It details how great the rating change has been and reasons for this change. The consensus recommendation gives a numerical rating where 1=Buy, 2=Outperform, 3=Hold, 4=Underperform and 5=Sell.
  23rd May 27th May Change Consensus Rating Broker Change
Allied Domecq 2.71 2.63 arrowup.gif 3.0% Hold Williams de Broupgrades Allied to "buy" as it is now the preferred beverage play ahead of SABMiller
BT Group 2.68 2.59 arrowup.gif 3.4% Hold Many brokers amend their estimates following the telecom group's results last week. Deutsche ups sales, PBT and EPS targets, whereas Exane lowers all three. JP Morgan lowers sales but ups EPS. WLBP reiterates "buy" rating and 240p target price, heartened by the improvement in net debt position. Meanwhile, Lehman adds BT as a short to its European monthly focus list.
Hanson 2.83 2.72 arrowup.gif 3.9% Hold Teather & Greenwood ups its rating to "buy". Meanwhile, Smith Barney notes that Hanson has made greater provision for potential asbestos risk relative to its liabilities than peer, Saint Gobain.
Royal & Sun Alliance 3.13 3.17 arrowdown.gif -1.3% Hold Goldman downgrades to "in-line" from outperform following the share price rally that occurred on the back of better than expected results, believing there is lmited upside to the current value.
SABMiller 2.89 3.11 arrowdown.gif -7.6% Hold Lehman lowers its rating to "underweight", ABN Amro lowers to "sell" following the revelation that management expects Miller's decline to continue a further two years.
Scottish & Newcastle 2.79 2.71 arrowup.gif 2.9% Hold Williams de Broups rating to "buy" but HSBC still says "reduce".
Tomkins 2.82 2.76 arrowup.gif 2.1% Hold Deutsche upgrades to "hold" following the first quarter results and ups the target price to 192p from 155p. Meanwhile, UBSWarburg downgrades to "neutral" following a recent strong performance by the shares. UBS maintains its 240p target price.
MM02 2.56 2.59 arrowdown.gif -1.2% Hold Goldman downgrades to "in-line" from outperform. It believes there may be upside potential if 02 were to sell its German business but does not view this as imminent enough to compensate for the increasing competitive risks the company faces.
3i Group 3 3.2 arrowdown.gif -6.7% Hold Bridgewell upgrades stock to "overweight", believing its upside potential is ideal for those wary of the recent rally some "long-only" financial stocks have experienced
Vodafone 1.95 1.97 arrowdown.gif -1.0% Outperform WLBP says "outperform" ahead of results with a 140p target price. CSFB thinks the shares could rise to 130p if the euro holds against the pound. Oddo thinks earnings will be "decent" but Cazenove thinks Germany is a "notable risk" to ARPU levels.

fenthuckpb - 28 May 2003 08:17 - 60 of 95

Thanks for the info, best thread on the board at the moment. IMO.

Insider trader - 28 May 2003 18:21 - 61 of 95

UPDATE:

I have added the London Stock Exchange and a Pivot calculator to the header, feel free to access the links. For those who are not familier with Pivots:

PIVOT POINTS: Are calculated from the High (H), low (L) and close (C) of the previous day.
Unless significant market news has been made available between yesterday's close and today's opening you can expect prices to test the near term support and resistance and the pivot price.

Should, for any reason, these near term support and resistance areas fail then the second such area will likely be tested. If these support or resistance areas fail, because of market influencing news or observations, the off floor or, more particularly, intermediate term positional players will likely enter the market and make the market trend.

FORMULA:

Pivot point = P = (H + L + C)/3

1st resistance = R1 = 2P - L

2nd resistance = R2 = (P -S1) + R1

1st support = S1 = 2P - H

2nd support = S2 = P - (R1- S1)

I always use the Pivot point, Supports 1/2 and Resistance 1/2 on the stocks I trade as a guide to where the stock will move in the day. You need to use other indicators as well for example Bollingers bands combined with RSI, for oversold/overbought levels, eg, if the top BBand is hit, but the RSI is low, chances are the stock will keep on rising, etc.
When you use the Pivot calculator, input the information what it wants, eg, the stocks High (of the day) low (of the day) and what it closed at, then press 'calculate', then you will have the R2, R1, P, S1, and S2 of the next trading day.

Insider trader - 28 May 2003 18:29 - 62 of 95

This table indicates how broker recommendations for key FTSE companies have changed in the last 24 hours. It details how great the rating change has been and reasons for this change. The consensus recommendation gives a numerical rating where 1=Buy, 2=Outperform, 3=Hold, 4=Underperform and 5=Sell.
  27th May 28th May Change Consensus Rating Broker Change
BT Group 2.59 2.65 arrowdown.gif -2.3% Hold SG Securities downgrades to "hold" from buy given the lack of short-term catalysts for the stock. Until interims are released in November, the broker sees no spur for share price gains.
British Airways 2.67 2.73 arrowdown.gif -2.2% Hold Smith Barney believes a Virgin Atlantic/BA tie-in is unlikely given regulatory and ego issues. Broker still thinks BAY is the best long-term flag carrier in the sector and retains its 170p target price.
GUS 2.35 2.26 arrowup.gif 3.8% Outperform Teather & Greenwood is pleased at the price GUS fetched for its home shopping business and marginally ups forecasts, although, with results imminent, further alterations are likely.
Kingfisher 2.47 2.5 arrowdown.gif -1.2% Outperform Exane restated its "outperform" rating ahead of results, believing the group is on track to spin-off its electricals division and create a pure play company.
Prudential 2.68 2.76 arrowdown.gif -3.0% Hold DKW downgrade to "reduce" from Add following the departure of Mark Tucker, CEO of Prudential Asia. Asia contributes 31% of sales and 50% of new business profits and DKW doesn't like the uncertainty.
Royal & Sun Alliance 3.17 2.96 arrowup.gif 6.6% Hold HSBC dramatically raises its rating to "add" from reduce believing there to be a significant improvement in underwriting and capital adequacy
Tomkins 2.76 2.71 arrowup.gif 1.8% Hold Lehman Bros follows the trend set by others last week and upgrades to "Equal weight".
Vodafone 1.97 1.92 arrowup.gif 2.5% Outperform Positive results and fiery rhetoric from Sir Christopher Ghent do the trick for Deutsche. It upgrades to "buy"
Xstrata 2.05 2.17 arrowdown.gif -5.9% Outperform Morgan Stanley downgrades "equal weight" due to the recent rise in coal prices an the strong performance of the A$ and the Rand
MM02 2.59 2.48 arrowup.gif 4.2% Outperform SG Securities upgrades to "buy" from hold, believing the downside risk is now limited and there is speculative upside on the disposal of German operations. The target price is 77p.

midknight - 28 May 2003 20:49 - 63 of 95

Good stuff, IT. Keep it going!

Andy - 28 May 2003 21:40 - 64 of 95

Agreed, some quality information there.

This thread is a real asset to this BB, well done!

Andy.

Insider trader - 29 May 2003 17:26 - 65 of 95

Thanks guys, I hope it helps with your trading. I am helping to Beta test AM live charting at the moment, and what I see so far is very good! ========================================================================== This table indicates how broker recommendations for key FTSE companies have changed in the last 24 hours. It details how great the rating change has been and reasons for this change. The consensus recommendation gives a numerical rating where 1=Buy, 2=Outperform, 3=Hold, 4=Underperform and 5=Sell.
  28th May 29th May Change Consensus Rating Broker Change
Barclays 2.42 2.52 arrowdown.gif -4.1% Hold HSBC restates its "sell" rating following its quarterly Q&A session with CFO John Varley. Outlook remains difficult, retail division is struggling to grow and there will be a further pressure on margins.
British Airways 2.73 2.82 arrowdown.gif -3.3% Hold Merrill upgraded its bonds to neutral encouraged by the impact cost cutting is having on the bottom line. This has yet to impact the valuation metrics as other brokers retain cautious stances.
EMAP 2.78 2.72 arrowup.gif 2.2% Hold Numis upgrades to add, encouraged by the full-year results.
GUS 2.35 2.26 arrowdown.gif 3.8% Outperform Positive broker reaction to both the results and the divestment of the home shopping business prompts Seymour Pierce, among others, to restate its Buy rating.
ICI 2.47 2.53 arrowdown.gif -2.4% Hold CSFB downgrades to underperform and lowers target price to 100p from 110p. It is dismayed by new management's apparent commitment to the old strategy and believes the discount, relative to ICI's peer group, should be reinstated.
Kingfisher 2.47 2.5 arrowdown.gif -1.2% Outperform Exane restated its "outperform" rating ahead of results, believing the group is on track to spin-off its electricals division and create a pure play company.
Lloyds TSB 2.73 2.73 0.0% Hold ABN Amro ups the target price to 525p and Goldman restates its outperform rating following the recent share price slide and signs of a turnaround in the business
Pearson 2.8 2.76 arrowup.gif 1.4% Hold Investec upgrades Pearson to a "buy" believing that its share price has lagged a rising media sector leaving it looking relatively attractive
Rentokil Initial 2.53 2.58 arrowdown.gif -2.0% Hold UBS Warburg downgrades to neutral bearing in mind the group's lower underlying growth and its cautious stance on the medium term outlook.
Vodafone 1.97 1.92 2.5% Outperform Positive results and fiery rhetoric from Sir Christopher Ghent do the trick for Deutsche. It upgrades to "buy"
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