After a year of stumbling around and ranging HAMP has finally broke out (see a chart)...and looks set for a run up this year...

Brokers buy notes (see yahoo), good contact wins...all looking positive on charts...cant see it failing really..

any thoughts?

KEEP and EYE

Are today on the move up with volume after the profit warning and large drop

Can you see going back up to Aug high's??

You are moving to far to fast " boy"

kosyboy

But most likely you will se a "Dead cat bounce" as a figure of speech, the volume is considerable today, so if the bounce continues then is a bullish indication.

A narrow spread at the moment 20.75 / 21p, as someone is adding on the offer side 12.500 shares

chart shows the quantity of shares out on loan

Broker - Liberum Capital upgrades Hampson Industries

0640 GMT [Dow Jones] Liberum Capital upgrades Hampson Industries (HAMP.LN) to buy from hold, despite the company's profit warning.
Says the company's downgrade to forecasts "was savage and deepened wounds from previous revisions." However, says short term tooling demand should escalate driven by a swarm of new aircraft platforms.
"There will be a mountain to climb in 2H but a moderate 17% of current tooling quotes need to be converted for full year estimates to be met." Has a 35p target price. Shares closed at 19p.

Having spoken to the company, the policy is very much a case of underpromising and overdelivering.

"AT"s are busy just now and taken 21.50p offer on large trades and then 21.75p

now someone added 10K at 21.50p at bid offer at 22p

master RSI - good data interesting next few weeks imo

Repeating last Friday brokers notes ............

From FT.com - Saturday 21 August 2010

SMALL CAPS: Hampson Industries seen as value

Hampson Industries rallied 9.1 per cent to 21p after Liberum analysts said the aircraft engineer was too cheap to ignore after last weeks profit warning.

The groups stretched balance sheet and reputation as a serial disappointer means the stock trades at a 30 per cent discount to its sector, said Liberum. But trading should bounce back thanks to a swarm of new aircraft platforms and a large potential order from Boeing could take the stress off the second half. It moved to a buy rating with a 35p target price.



Indicators turning UP

23.45p paid on the plus market for 84K, there is plenty of demand now as volume goes over 720K already on the LSE,
plenty more at "Plus market"

After the last fews days retracement, since yesterday is moving higher again with volume, the MACD is very positive as is moving into divergence

Another positive day at 22p middle price closing price

should be at least 30p today imo - gla
HAMPSON WINS RECORD $53 MILLION TOOLING ORDER http://www.investegate.co.uk/Article.aspx?id=201009160700127956S

Well done gibby..

Plenty of upside now as there is BREAKOUT on the CHART, plus a very strong order book / level 2 on the bid side at the moment



edit - I will add another 2 month chart as the - money am - candlestick is not shhowing the starting point high on the day of Profit warning last August, should be 28p high of the day and from that point ther is a GAP to 50p

2 month candlestick

Holding strong, close to the best of the day

huge volume 12M at LSE

Broker News & Views

Hampson Industries raised to buy from hold at Investec, target price stays 40p.

Liburum Capital has a note out today saying Buy:

The shares are trading on a striking CY11 P/E of 4.2x and EV/EBIT of 5.3x.
Our 35p price target implies 75% upside."

Director buying today
Christopher Vincent Geoghegan

shares acquired 181,302
@ Price per share 27.25 pence

Date and place of transaction
16 September 2010