Read the latest interims.......just make sure that you are sitting down.

Just great! Had a 'sell' on the system to trigger at 495p as the sp had struggled past the 500p mark for a while. Current bid 517, offer 524p.
Not heard any news either to warrant such a rise.

The confirmation of the bond issue completion ends with " the company intends to use the net proceeds from the Offering for capital expenditure, working capital and general corporate purposes". From what I understand they have said they would only do this as and when certain expansion plans had been met so I guess this is viewed as a positive (if this is the reason?).

chart on post 735 is worth viewing .... sp now just nudging underside of 25 dma with 50 dma only fractionally above

& what does that mean exactly, please, cynic?

it means what it says .... go and look at it (page 37) and draw your own conclusions!

Apologies. I should have said that I have already had a look at the chart on page 37. The sp has already passed up through the 25 dma & is now heading for the 50 dma. But, until now the two dma's have followed much the same trail. Now they have converged, so that the 50 dma is higher than the 25 dma. Previously the sp have moved through the 50 dma but then retreated.
Without imposing upon you, can we assume that the graph now works in reverse, with the sp retreating below the 25 dma & having to break through that to show an 'up' trend? Thus a fall is very likely?

i would not go so far as to say a fall is likely, but i would certainly keep a weather eye on that 50 dma to see if sp stalls there ..... as it is only a very little way higher, i would certainly not be a buyer at this juncture

see post 735 .... the chart is looking rather poorly = 2nd or 3rd failing to break back above 25 dma .... if 470 is broken significantly then 400 is in prospect ...... must be second or third time of warning

I thought u r not into china...cynic... but u r into SOLA

not for several weeks but having done well from it, i watch it ...... not into Haike either!

A bit of a skid today - looks like April profit-taking?

SOLA Bid: 465p Offer: 470p Change: -19

Now bid 454, Offer 460p !!!
Bit of a skid was a slight understatement. :o)

Harry, I'm making sure I make use of my British understatement now I'm back in the country :o)

Besides which, it's very easy to be sanguine about misfortune when it's happening to other people!

I assume/hope you didn't get caught?

No. I still watch this one & play the bounces when I can, but will wait now to see if Cynic's forecast of a drop to 400p comes to reality. If the sp still continues to peak at 520p, then there is money to be made!

Results could be interesting when they come out.

i did not exactly forecast a drop to 400 and certainly not in a straight line ..... however, insofar as charts have value, especially with such recent companies as this, i said that the below 470(?) the next support did not kick in until 400

I appreciate you expressed an opinion, Cynic, not a prediction.
I realise your Guru status is still in it's infancy & therefore fallible. :o)

Solar wafers are off the menu now until after easter. This is where I boost the profits of Cadbury's, & possibly WMH with the boat race, F1, Boxing & the footy!!!

Harry ..... thanks for the promotion! ..... i have never set myself up as a guru, but merely a poor purveyor of occasional common sense and amateur reader of the entrails before they are splattered all over the ground.

Well, Ambrian have revised their price target to 455p.

Also, I hear SCSW has said take profits in both RCG and SOLA today, so you may find some pressure on the price come Tuesday open.

Interesting, PP. I was wondering if there might be a bit of downside risk at present. i have been out for a while anyway, so just watching from the sidelines.