goldfinger
- 03 Nov 2003 01:07
Hi Guys back of Holiday but not yet really settled down. Needed the break as I havent had a holiday in 5 years. Just been resting up at home.
Back to the stocks. Well lets face it last week was a stinker, simple as that. Interest rates hike hanging over the market and the tiddlers getting hurt most as all of the extra cost will fall to the bottom line. Lets hope for a better week.
Update on stocks.
I D DATA- hoping for this one to carry on from Friday and start to rise again. About 4 weeks to results so we may get a good run plus a contract win is get to be confirmed.
INCITE HOLDINGS - strange happenings at this company last week but apparantley big orders were being filled for institutional players, in fact a pal of mine on another site who is a big holder was contacted to see if he wanted to sell any of his holding and he gave them a quick no chance answer.
BEMA GOLD - fell back by about 10 points last week on averageish results. Fact of the matter is that a Miner should be judged on NAV and not earnings, due to physical nature of the business.
JUST CAR CLINICS - TA uptrend in place and company released two very interesting pieces of news on its web site that should see further support.
CENTURION ELECTRONICS - gave back a bit of ground last week but uptrend trully in place.
HCEG - another that gave ground back last week but there was some good news later in the week refering to warrants. Seems holders on a certain date will be awarded a warrant for every XXX share held . Ask me in the morning.
PIPEX - changed name last week had an up and down week but I added yet again. Great growth potential here.
NEW RECOMMENDATION
Going to go in for SCI ENTERTAINMENT SEG in the morning. Saturday paper confirmed that trading was well in front of budget and this backed up what Evil Knievil had been saying last week. EK feels that this is one of the cheapest stocks on the Whole Market, and we should get a good run up to Xmas with the new Desert Storm offering (sorry not an expert on games).
DYOR and if you buy watch the spread in the first hour or so, the MMS read the newspapers just like us, dont get sucked in. Remember you are responsible for your own buy and sell actions, we dont want any whimps complaining if they lose money. Only use money that you camn afford to lose and remember this is investing. If you want a quick fix, I suggest you go down to your local bookies , casino or boozer and play on the one armed bandit. We are all adults.
gf.
ps, sorry forgot Service Power Tech - special update on that sometime monday.
ajren
- 03 Nov 2003 15:32
- 8 of 227
One of your stock picks was iddata at 20p
goldfinger
- 03 Nov 2003 15:38
- 9 of 227
Thats right ajren and the next resistance point on the chart is in fact 28p, check it out mate if you know how to do that.
gf.
ajren
- 03 Nov 2003 15:43
- 10 of 227
Will you reimburse purchasers or not? 20p/28p is nonsense
sharehappy
- 03 Nov 2003 16:36
- 12 of 227
Hi Ajren
Remember Goldfinger is a long-term investor. He didn't say when he considered ID Data was going to reach that sort of level. I've been following him for sometime on another site and there has been many a time where people have bought expecting to make a quick buck and have sold too soon. A lot of his shares have rocketed sometimes, a few weeks, sometimes months later.
Of course, he can't always be right but that's the chance that we all take. If you weren't in it for the long-term, surely it would have breached your stop loss and you would have sold to limit your losses?
SH
goldfinger
- 03 Nov 2003 16:44
- 13 of 227
Thanks for that SH, nice to see you on my new home. Good luck for the future.
cheers GF.
LINZIMASON
- 03 Nov 2003 16:53
- 14 of 227
Let's hope things stay cool here. Hi SH as well!
ajren
- 03 Nov 2003 17:09
- 15 of 227
Hi sharehappy,
Nice to see a courteous letter--The problem only started when I was called
a Bollock.
Your second paragraph : I never owned shares
Ciao
- 03 Nov 2003 17:10
- 16 of 227
Goldfinger i new was you it is a while I been follow this name...this morning after your post......I said "bingo" please that you confirmed it......
Keep FIB I had a confirmation, 2 days ago, 3/6 1.50/200p longer even better....
does moneyam got an internal e-mail?
I will look into others.....
Ciao
GRAEME.ALEXANDER
- 03 Nov 2003 17:11
- 17 of 227
GF. I find your postings a great help.I invest my money by my choice and at my own risk as a result of my own reserch.I only expect to gain if I am also prepared to take risks.As an investor I expect to do my own research and take responsability for my decisions.
I HOPE YOU CONTINUE TO POST REGULARLY FOR THOSE OF US THAT APPRECIATE YOUR OPINION. Graeme.
ajren
- 03 Nov 2003 17:23
- 18 of 227
I suggest you buy at 8.50 -my projection- at closing today and sell at
goldfingers 28
buckets
- 03 Nov 2003 22:32
- 19 of 227
Arjen ..you seem to have a problem....maybe you had a charisma bypass operation or something. I read lots of useful info on this site and obviously some useless info as well. I think we are all big grown up people who can look at this info and form our own opinions, however mine is that there is probably no one on this planet who gets it right all the time....however I do say if you go back through this site, you will find Goldfinger's has a much better success rate than just about everyone else...so lets have more constructive comments from everyone and less knocking
utilitiesplus
- 03 Nov 2003 22:42
- 20 of 227
Golfinger,,i havent spotted Telecomplus in your stocks??
goldfinger
- 04 Nov 2003 01:30
- 21 of 227
UTILITIESPLUS, its in there somewhere and I added today again twice. I havent shown it on this board as I havent previously covered it here. Think thats fair dont you?. Have now 21 open long positions and on paper I am up by well over 1.3 million since Jan, maybe more as I dont like looking at the finacial side as this can often cloud judgement.
I do know this at 28/8/2003 I was 264% up on my portfolio since Jan of this year and dont forget we had around 3 Bear months included in that. When my accountant advised me I have to say I knew I had had a good run, but didnt realise on whole I was that far up.
Anyway lets make some dosh together with the rest of the guys on here. I have now a lot more time to post and add to this superb site.
cheers GF.
Share Bear
- 04 Nov 2003 02:35
- 22 of 227
Hiya Slater, you've persuaded me to come & have a look at this BB & it hasn't disappointed. I see you haven't stopped working hard, hope the rest has done you some good! I'm looking forward to reading your posts on here & contributing when & where I can.
An interesting piece on ServicePower from a tipsheet published 3/11/03. they consider it a hold, but don't take into account the rumours that I've heard from a certain colleague of ours! I got out of SVR at 33p a few weeks ago, but am now back in at 27.75p. Seems to have support at this level & is at the bottom of its trend line & seems to have good upside potential with limited downside.
ServicePower going strong
On the other hand, we would advise that investors keep holding workforce scheduling software provider ServicePower Technologies, despite the shares having tripled in value since our recommendation in March and some underwhelming interim figures covering the six months to June.
These results showed losses cut only marginally from 1.3 million to 1.1 million, on revenues totalling 996,000 again, only slightly better than the first half of 2002. For a company that is apparently in a real growth phase, these results look slightly disappointing.
That said, the portents remain good. The second half is expected to be much better, partly due to seasonal purchasing cycles that see the bulk of the group's revenue come through in the second half. Indeed, Lorne Daniel of house broker Evolution Beeson Gregory says that he is happy with his forecasts made in April, anticipating a small pre-tax profit of 100,000 for 2003 as a whole, on 5.4 million of sales.
His confidence is principally due to the progress of ServicePower's relationship with GE, through which the US behemoth is pressing its service subcontractors to adopt ServicePower solutions, threatening them with the axe if they do not. With GE's commitment proven, other US corporates are starting to sniff around too, leading the company to state that it has 'an unprecedented number of sales opportunities' on hand.
On a 16 million market capitalisation, ServicePower's niche strength and prospects don't look overvalued, especially given the potential for corporate activity in the medium-term as software providers look to consolidate. Hold on.
SB ;-)
LINZIMASON
- 04 Nov 2003 09:59
- 23 of 227
Morning Chaps and Chapesses - hope I find you all fit and well!
goldfinger
- 04 Nov 2003 10:31
- 24 of 227
Morning our Linzi, thats a good piece from Share Bear on Service Power have to say the patience my biggest asset is being tested with this one.
Anyway its been a quite start and I think this may set the pattern until after the rates announcement on thursday lunchtime. Did anyone see the ten oclock news, interest rates were the lead article. Lets just hope they keep the rise to a 1/4 percent, have to say I would be looking to off load any credit companies like Hitachi Credit now.
Back to today,
Superscapes up on the back of the good news late yesterday.
Incite is also up on very light trading.
And my new long , long term purchase Caldwell investments CDW is up a penny and thats a fine start for me in this one. Hope you got in Anne.
None down at the moment , sorry correction ZOO is slightly, but no problems there.
Have a good day everyone.
GF.
LINZIMASON
- 04 Nov 2003 10:42
- 25 of 227
Sorry GF, being the truly selfish person I am, I would love interest rates to rocket.
goldfinger
- 04 Nov 2003 10:46
- 26 of 227
But if that happened Linzi people would divert away from shares to bank accounts and you share holding would be much reduced. Not only that but the effects of increased interest rates would topple the UK economy and Inflation would probably get out of hand, surely we dont want that.
gf.
leu01mah
- 04 Nov 2003 11:23
- 27 of 227
gf, would an interest rate rise not decrease consumer (borrowing &) spending & therefore inflation?