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.

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