New thread started as Epic changed from LAF to LONR - May 07.





Epic : LONR

Web Site : http://www.lonrho.com/


Its something different, and something exciting imo.



Nice recent Telegraph write up to (April 2007) :

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/04/04/cnlonrho04.xml


.

LONR
The lowest price recently was yesterday and again today was 28 / 28.25p, but there was only being tested with 100 shares on the offer side, and both times were taken with "AT" no chance of anyone buying.

Today is mosly buying "O" trades and the corresponding "AT" to balance the order book.
Another positive sign , the L2 order book is much stonger on the bid side with 7 extra trades

Keep an Eye (Added by Master RSI on Fri 23 May 03:23 pm)

LONR - Mid 28.375p (28.25/28.50)
Reason - There is signs that the bottom was reached on this cycle, now is good point for re-entry. Share price has reached the parabolic SAR and want to bounce from there, Slow stochastic also at its low oversold and is allways the first to turn.

LONR 28.75 - 29.25p +0.75p

Had a couple tick up already at both sides, and that should be the last move today

And finishing with a candlestick "hammer" very bullish as a reversal from a downtrend ...

BULLISH HAMMER
Type: Reversal
Relevance: Bullish
Prior Trend: Bearish

Confirmation: Definitely required

Definition:
The Bullish Hammer Pattern is a significant candlestick that occurs at the bottom of a trend or during a downtrend and it is called a hammer since it is hammering out a bottom. The Bullish Hammer Pattern is a single candlestick pattern and it has a strong similarity to the Bullish Dragonfly Doji Pattern. In the case of Bullish Dragonfly Doji Pattern, the opening and closing prices are identical whereas the Bullish Hammer Pattern has a small real body at the upper end of the trading range.

Recognition Criteria:
1. The market is characterized by a prevailing downtrend.
2. Then we see a small real body at the upper end of the trading range. Color of this body is not important.
3. We would like to see the lower shadow at least twice as long as the real body.
4. There is no (or almost no) upper shadow.

   

Decided to follow you in on this one Master.

Looks as though you have surpassed yourself again.

Well done!

Glad to say I sold my holding at higher levels but have been looking to buy back. However, I gather from another BB ( Interactive investor) that the Co wished to raise further funds which was not well received by institutions. May be wrong but, I am not getting good vibes from this one. Watching on sidelines for now.

Could be one for the Ups as MDC takes over in Zimbabwe:

LONDON (Thomson Financial) - LonZim Plc. said pretax profit for the period Oct. 25, 2007 to May 31, 2008 came in at 699,000 pounds, as expected given the economic climate in Zimbabwe.

The AIM-listed company said cash held at the end of the period was 23.1 million pounds.

Despite the ongoing uncertainty following the recent elections in Zimbabwe the company said it remains positive for the eventual long term recovery of the economy and continues to seek investments which will support this.

ZANU PF & MDC Sign Power Sharing Agreement today. Start of Long Term recovery?

It would be nice to think so but, imho it needs Magabe to be totally out of the scene. It would not surprise me if he get up to more dirty tricks.

Holders, and those interested in this diversified stock should enjoy this new article and analysis.

I recently saw their presentation, and LONR are one that is well worth tucking away, IMHO.


Click HERE for article

Thanks for that link Andy. Already hold and have tucked away as you say. Company needs to break even to slow any further major dilution.

Company progressing well on all fronts - looks promising

I selected this morning the shares on the "UPS" thread to go UP from here ..........

UPS
LONR 11.875p (11.75 / 12p )

Reason: the retracement seems is over as the larger buying trades are showing on the ticker, there is still a selller at 12p on the order book (112K keeps appearing) but not able to stablised how big it is. Positive Indicators mainly the Bollinger Band as the share price is under the lower band ( buying time )

Intraday

2 month with volume

3 month Bollinger Bands,RSI, S Stochastic and 50 days MA

Charts - 2 days

Holders should find this of interest, Geoffrey White on video talking to Proactiveinvestors.com!

Click HERE to access the interview

From the Daily Mail last week:-

Lonrho's shares will be moving up from the junior market to a full listing on April 26 and institutions are bound to take a closer look at the company which is considered to be an excellent play on emerging African markets.

Read more: http://www.dailymail.co.uk/money/article-1376305/MARKET-REPORT-GEOFF-FOSTER-Lonrho-takes-aim-FTSE.html#ixzz1K9nj5ytY

A steady start to LONR's listing on the Main Market and the addition of the Rt. Hon. Sir Richard Needham as an independent Non-Executive Director looks good.

David Lenigas, Lonrho's Executive Chairman, commented:

"Sir Richard Needham has extensive Governmental and commercial experience with a global perspective, and brings in-depth experience of working in the Far East, a region where Lonrho is seeing growing interaction for trade and infrastructure projects between Africa and the Far East."

I am removing ALL my research from here due to the constant personal abuse, defamation and distortions of it posted by:

ptholden

hlyeo98

halifax

blackdown

kimoldfield

cynic


This bunch of abusive retards is the reason MoneyAM will NEVER have a forum worth reading.

I have reported them to support by they do nothing, either because they want to force me to PAY them for the Traders Room or because they are too lazy to do anything. Maybe the people in support are the ones perpetrating the abuse, so as to force people to pay for the premium boards. Either way the service is sh1te and a disgrace to the finance industry. No wonder there is nobody left here apart from morons.

I will continue posting my good research on boards that are run in accordance with FSA and LSE listing rules and the interests of the market, not here where ar5eh0les rule the boards and all decent research is buried under their piles of sh1te.

The directors of Lonrho PLC (AIM: LONR), DiamondCorp (AIM: DCP), Amur Minerals (AIM: AMC) and Mariana Resources (AIM: MARL) will be presenting:

Wednesday the 28th September 2011, Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB (Charles Suite)

FREE registration - http://www.proactiveinvestors.co.uk/register/event_details/122

The presentations will start at 6:00pm and finish at approx 8:00pm. After the presentations are complete the directors will also be available to take questions during a free canapand wine reception. Details on the presenting companies can be found below.

This event is suitable for the following: Sophisticated & private investors, private client brokers, fund managers, financial institutions, hedge funds, buy & sell side analysts and journalists.

The event is not suitable for people pursuing commercial opportunities.

Lots of buys here today,but I can't find any news.