JUST BOUGHT SOME LOOKS A BARGAIN AND THE PROFITS WILL ROAR AHEAD THIS YEAR.

ANY THOUGHTS?

Anybody able to throw any light on recent placing by Altium (ALTI) at 38.75. Seems to have depressed price and place the stock under distribution pressure. ALTI still seem very keen to off-load stock . . . check out the order book, they are frequently the best sell (offer) price available even after fulfilling large buy orders. Why would anybody be dumping stock if a buyout is a real possibility ??

Kelvy

Very interested in this stock after it was pointed out on
the traders thread.

Increasing profits, good cash flow, recent large director buying and
Tuesday land disposal for 10.5mil can only help.

Also there's a large buyer of 13 mil shares from Aggregate Industries
which has not been disclosed which might also boost the share price.

I also notice Alti on a much lower offer than everybody else, well you
use that as a buying opportunity which i will tomorrow via a spread bet.

Some nice movement today. What will they do with the cash from the recent sale. They're developing a good record of buying undervalued assets. They'll be taken next.

Good again today. It must be about to break through that important high. What do you think?

It was a day of 3 halves. In the first half hour 200k of 2.1m where traded between 42.75 & 43.61, with trades at or near the offer out numbering those near the bid. Most of the day the trades (600k) where executed between 42.25 & 42.5
During the last half hour 824k of 2.1m traded today where 'sold' @42p
Since June last year 42/42.5 seems to be a resistance level.
I wonder if the weekend will bring any interesting news?
skg

lots of buys again today, but the SP. doesnt move, why?

See that, 15m buys just gone through
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Ave volume normally around 300k
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Buys 18 ml. Sells 8 k. SP. unchanged?

I like Ennstone too. The fundamentals are great. It's not one to give you sleepless nights. ITS AGGREGATES for god's sake! Safe as concrete. Thanks for the two year chart, it looks like it might be important to see if it can hold this price for a bit. RE the big buys. I'm just hoping they're buys and aren't actually sells that have got a decent price 41.5, maybe someone with level 2 can confirm. Hopefully it should mean that the overhang of 25 million has been cleared helped by all the sustained buying we've seen all month. The results are in under 3 weeks, march the 1st I think, so hopefully it'll be interesting till then, maybe a trading statement, who knows.

Lots of buys this morning,anyone know why?

What is it going to take to move the sp?
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Ignore the 750,000 x trade, I think that's just broker to broker, but still the rest of it's good. Maybe the price is being held down to fill a buy order which is being filtered through in 200, 000 - 250, 000 tranches as seen today right from 8 am. They're obviously holding the price back for some reason, I guess the stock overhang still hasn't been cleared yet.

At last! broken out of the 41p range, 20ml buys today,that must of cleared the overhang.

Yes, I hope so. This is hopeful with a week on Wednesday until the results. My only slight concern was that perhaps these large buys are actually sells and they're going through as buys because the computer is guessing whether they are buys or sells. But maybe I'm just being overly pessimistic. Most of the other trades which went through as buys were automated so they should be accurate and there was still above average volume on them alone. They must all be buys I guess or else the price wouldn't have moved. It takes a lot for Enn to go up. It's like pushing stone. The chart looks good.

21/02/06 08:16:08 GMT
Ennstone buys East Midlands road contractor; makes bolt-on buys in US, Poland


Ennstone PLC (ENN) said it bought Smiths Construction PLC, an East Midlands-based road surfacing contractor, for 3.75 mln stg.

The company also said it made bolt-on acquisitions worth 5.74 mln stg in ready mixed concrete operations in the US and Poland.



Copyright - Provided by AFX

Confirmation in Guardian yesterday that 10 million shares had been placed for an institution. Decent above volume buys today as well.

The Prelim results confirmed for 14 march, may get small increase in sp enroute to results.
2517

The acquisitions seem well selected, a good set of results next month should keep the SP ticking upwards.
colombo

Long time no postings here, results were ok, and going good today, up to 49.75, when I bought these the talk was of a bid around 50p, it's nearly there without a bid, so if a bid does arrive it will be further north of 50p, perhaps nearer 60p so here's hoping.
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