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.

GF,

Thanks for the advice (re: gold) & for the emails. You deserve every penny (& pound) that you make...

Good luck, hope you had a good weekend!

SB

Cheers SB, a new tip out sometime tomorrow.

cheers GF.

Morning GF and other mates! Have a successful week.

New recommendation today CARDPOINT (CASH).
This just about sums up this growth story.

Exclusive: Dermot Desmond's money making new stake
Dermot Desmond is best known for his involvement with football clubs Celtic and Manchester United but he is also a very successful, shrewd investor and Citywire can reveal he has a secret stake in rocketing ATM group Cardpoint.

Exclusive: Dermot Desmond's money making new stake
Published: 08:45 Sun 9 Nov 2003

By Patrick Sherwen, Deputy & Secret Buying Editor
Email to a friend |


Dermot Desmond is best known for his involvement with football clubs Celtic and Manchester United but he is also a very successful, shrewd investor and Citywire can reveal he has a secret stake in rocketing ATM group Cardpoint.

The Irishman's previous successes include an estimated profit of 56 million on dealing shares in technology company Baltimore. He is also thought to have made about 87 million from an investment in Esat Digifone.


Even Desmond's 1.9 million-share stake in Manchester United would yield a nice little profit if he sold now. Desmond has held his shares since December 2002 in which time the price has risen 130% to 232.5p. Judging by the time he bought in Desmond probably paid about 2 million for his holding. It is now worth 4.5 million.


According to Citywire's sources Desmond bought a little more than 1 million shares in Cardpoint in July this year then sold about half of them shortly afterwards. In the following month he added another 100,000 or so to his stake and that was the last move he made. As a result his holding stands at just less than 600,000 shares or 1.83% of the 25.3 million company.


He should already be in the money on this investment as the price rose almost ceaselessly between the start of the year when it was 35p and mid-October when it hit 85p. When Desmond first bought in the price was about 63p. The second time he bought the price was about 75p, not far off the current 79p.


Cardpoint supplies ATM (automatic teller machine) cash machines to be installed in areas where they are not normally found but where there is a need. Locations include hotels, motorway service stations, restaurants and cinemas.


This is a growing market about which there is a buzz of excitement. Last week shares in business and marketing services group Ambient jumped 17% on news that it plans to float Moneybox, its own ATM business by next spring.


However, although it shows promise the AIM-listed company is still at an early stage and has yet to make a profit. Losses narrowed from 1.27 million before tax in 2001 to 760,000 last year. According to house broker Evolution Beeson Gregory they will fall again to 500,000 this year and the first full year profit will be delivered in 2004. Evolution forecasts 1.9 million before tax.


One reassurance is that at the last estimate in May, Cardpoint had cash of 858,000 on its books. It has since made two significant acquisitions. It bought Securicor Cash Machine for a maximum of 9.2 million in May and in July it bought PT Distribution, the electronic mobile top-up division of Project Telecom, for 1.7 million. The latter union has already been consummated by a contract deal too. Cardpoint has been signed up to supply wine-merchant Thresher with 1,000 mobile top-up terminals for two years.ENDS.

Also come to the conclusion that TV CORP is going to room 101, a Sell, it just isnt moving and the money will be better used elsewhere.

Centurion Electronics as had a good day after being tipped this weekend in SCSW.

Elsewhere so far its a break even day and I note that trading volumes are light. I suppose yet again we are looking for direction from the US.

cheers GF.

GF,

Do you have an opinion on Finsbury Food (FIF). I know you have followed this in the past. Would you buy at this price 55.5p????

Cheers,

SB

Just sold it this morning lol SB. Great stock potential as a defensive , the Nestles contract though doesnt kick in I think while next year. Then it should be a star. Relative strength is poor. Id give it a miss for the moment but keep on the radar.

cheers GF.

gf,

You've been very very busy ! I hope your holiday was a good one. I returned recently from egypt - had a great time.

My question is this: I'm still holding ONT. For me this has become a BGY ie didnt think I'd be holding it so long. My thoughts are to get out - take a Big loss and plough back into another share like ZOO ( when a little lower) . What do you think?

Thanks,
bob

Bob, never hold a share which you find dropping day in day out. If you have a loser cut your losses quickly and move onto the next one. Why not set yourself say a 15% stop loss and if it breaches this just get shut and look at other stock.

ONT is this one of just Jims???. If it is I think he only holds for about two weeks. I wouldnt go into Zoo just yet. It may lose another point but I have heard things are progressing well on the corporate front. One or two games junky types are going to get burnt badly beleive me if they are shorting ZOO which I very much doubt after a conversation with Evil K last week. The reduction in ZOOs price is down to speculators in the hundreds jumping on when the last news was out and then bailing out with a profit for the next big thing.

good luck and stay in touch.

cheers GF.

gf,

You said don't hold onto a share if it drops day in day out. Surely this depends on whether you're in for the long term or short term? Take ZOO for example. All the speculators have bailed out so the share price has dropped, but if more good news comes along, wont the share price jump again? Or are you saying, sell the shares and then buy back in at a lower price?

nj

p.s some great threads since you've been back...

nmjnmj, yup your right if the inital investment was a long term punt but I beleive the ONT tip given on another site was a short term tip, so it would be best to cut losses quickly if the share is not going in the right direction and move on. For the record Im in ZOO and have been since I first bought it at 2.7p. I hold for the long term but take profits (lop the top) when its up and then replenish when the price is down. I now hold more ZOO shares than I have at any other time. I feel big things are coming there way.

good luck.

cheers GF.

New Recomendation but one I have held for around 4 months and it is within a few pence of bagger status on my first tranche. SPRING GROUP SRG.

Recruitment industry and training provider, specialising in tech staff. Has around 50 million free cash on the balance sheet.

Zak Mir TA specialist on t1ps today stated that the TA was very strong indeed and that he felt that the share would return to 1999 high of over 300p on a 6 to 12 month time scale. Was very strong yesterday and Im looking forward to further upside. Please DYOR, you are responsible for your own buying and selling action. More research to come on this one.

TA showing strong price movement.




cheers GF.

GF why dont you have your own website and give advice?..... looks like there will be plenty business.
joking apart, but is an idea, today I follow your CASH, yesterday when I show I thought was you put some cash into something..dont Lough.
When I am busy with Milan, I just glance on my second PC the London market, and few BBs..
So if I cant get the epic I normally leave till lateras you know many time minutes and seconds are important..
Today I keep a watch on CASH, CUC, ITL, CWV, HAMP, TDM, OST

Have a day

Ciao

Hi Ciao, loads of buys in cash yesterday and I couldnt understand why they hadnt gone upuntil a protected sell of 100,000 came in at 4.20pm, thats life. Think they have plenty of potential though.

TDM is just blazing away, but I cant help thinking its just another inditherm etc, where the herd are pushing it up, keep your eyes peeled on that one for a quick drop , but when????.

Spring SRG is looking very strong, profit taking going on now but Im going to add today.

See you later.

cheers GF.

Gf this morning got few CASH 84.63 and HAMP 16. then to Milan even there most red....still I am better because I managed to recuperate(95.62%)of my big loss... I spent too much time over here not enough researchers there so I paid the price

agree with you regarding TDM yesterday up 18.7% SRG is on my watch list..

Ciao

Ciao, SRG was subject to profit taking but dont worry the long term curve is upwards.

Good luck freind.

cheers GF.

Watch out for Centurion Electronics making a break out.

GF.

What a bummer of a day. Think Ill do my last gardening for the year until spring next year. See you tonight.

cheers GF.

GF CUC was on my "action list"...got in this morning at 124.38... I am now in the money...

When time checkout TOA....

Ciao

Will do ciao. Its a reyt bummer of a day mate. Will go in yond back garden and pulls some weeds up cock.

cheers GF.

Well didnt miss too much this afternoon, maybe we will have a good one in the morning.

Star of the day being BEMA Gold up over 12% in after hours in the US, should take it over the 200p mark.

Centurion Electronics was up again and ScI Entertainment turned around in the afternoon and gained 1p.

cheers Gf.