goldfinger
- 19 Feb 2007 13:20
- 704 of 3050
They also might be thinking the audited accounts hold some gremlings eg, the cash flow statement.
kaysmart
- 19 Feb 2007 14:09
- 705 of 3050
I don't think anyone was expecting this spectacular a share price performance 6 months ago.
Diverso must be sorely tempted to take some profits at the very least.
Kays
goldfinger
- 19 Feb 2007 14:17
- 706 of 3050
KS I think you are right.
The reward for the fund manager must be overwhelming.
PW Carnell
- 19 Feb 2007 16:32
- 707 of 3050
Cynic I always do.Good end to the day .OH dear someones removed all goldfingers posts from the other side.
cynic
- 19 Feb 2007 17:19
- 708 of 3050
KAYSMART .... why? ...... there is a argument at least as strong that one cuts losses but keeps running profits until there is good cause to sell ..... i would posit that this is especially true for fund managers ....
If Cawkwell wants to run a short, then he is of course very welcome to ..... that does not mean he is right .... or wrong for that matter
However, though today's rise was very modest, it implies that the market was generally pretty pleased with the figures, having absorbed a good number (I am sure) of sells from PIs
cynic
- 20 Feb 2007 10:24
- 709 of 3050
sp looks to have stalled so have sold balance ...... if Diverso decide to cash in some chips, then for sure price will dive ..... if they don't, then at worst i may miss out a bit.
if you are looking for a bounce, then keep an eye on 545 (25 dma) and 490 (50 dma), though both still trending quite sharply higher ...... don't forget the brief but very sharp dip to 500 just the other day .... so potentially a number of trading opportunities
goldfinger
- 20 Feb 2007 11:24
- 710 of 3050
I see you have done the sensible thing cynic.
Like PP says (and you have demonstrated) the best way to play this one at the moment is in and out. The stocks in the hands of traders at the moment and it looks that way untill a decisive break is made either way.
cynic
- 20 Feb 2007 11:41
- 711 of 3050
i blush! ..... not used to compliments, especially on this site ...... usually get flamed for shining the harsh light of reality on some hyped share and thread
fortitude18
- 20 Feb 2007 11:55
- 712 of 3050
pp,
re: tax issue 0% (07) and 10% (2008 - R & D aspect to the company and therefore classed as a tech company.. apologies..you were of course right,
can't deny the price as performed quite tremendously,
good luck
f18
cynic
- 20 Feb 2007 14:30
- 713 of 3050
good call you cynical old bastard, though predictable with FTSE now looking pretty soggy
PW Carnell
- 20 Feb 2007 15:03
- 714 of 3050
Drop more in line with lemming cooling slightly imo.
cynic
- 20 Feb 2007 15:11
- 715 of 3050
don't care why the drop ..... more to the point is the short term prognostication .... my guess is consolidation at best; fairly significant fall likely
PW Carnell
- 20 Feb 2007 21:01
- 716 of 3050
I am not at all comfortable with the tenor of post 715 .Although one normally eschews the use of multi syllable words one finds it patronising,pretentious, and indeed arrogant.
cynic
- 20 Feb 2007 21:09
- 717 of 3050
that's your prob, not mine ..... my prognostication (assume you understand that polysyllabic word, though prob does not appear The Sun) may be right or it may be wrong, but that's the way i see it
germans1
- 22 Feb 2007 09:21
- 718 of 3050
Taken from advfn,hope madelex does not mind.
Recent email from the company.
From : ir
Sent : 22 February 2007 05:42:56
To :
Subject : 答复: (瑞星提示-此邮件可能是垃圾邮件)Trading Update question
Dear Alex,
Thanks for your note and sorry for the confusion.
As you may be aware, most of our 24 wire saws started operations only
recently. Breakage rate that is higher than expected results from a number
of factors: 1. learning curve for saw workers; 2. We're pushing for thinner
wafer at 200 microns. Industry norm is that thinner the wafer, higher the
breakage rate. If you check around with any wafer manufacturer, you would
find that it's normal to have an initial higher breakage rate when wafer
thickness approaches 200 micron. With a thinner wafer, profitability should
be improved due to more number of wafers to be sliced from one kilo of ingot
without sacrificing on conversion rate of a wafer. Initial higher breakage
rate has a temporary negative impact on output. This is a short term pain
for the sake of long term gain.3. much more strict quality control measures
are put in place. Our product quality is well recognized in the market and
is well received by our customers including international major cell
manufacturers like BP Solar, Motch and Suntech.
The issue is being dealt with and progress has been made as stated in the
trading update. We are working hard to resolve this and the breakage rate is
coming down. While we are making good progress, we expect that this would be
all resolved in a month or so.
Hope above clarifies.
IR Department
fortitude18
- 24 Feb 2007 01:33
- 721 of 3050
cynic,
YOU WILL NOT LISTEN TO SOUND ADVICE WILL YOU
f18
cynic
- 24 Feb 2007 07:52
- 722 of 3050
forti .... i am delighted to have banked a fat profit, just as i have with CSR and SHP and POG and a couple of others last week ..... both SHP and POG (especially) have gone further ahead, but so what?
Using your logic (perhaps not quite fairly) one should not have banked a profit with VOG when they were just short of a natural resistance of 200 and heading north ..... you would have chortled gleefuly as they increased a further 25% to about 250 ....... but you would quickly have ended up being well roasted as they crashed out of favour.
SOLA may well have much much further to travel, and it is not unlikely that i will be tempted back in, either after a sharp correction (badly overdue i feel) or perhaps when a bit higher again because that correction did not occur .... i could easily regret the latter course of action!
by the way, there is no call at all to shout!