Here are a selction of stocks picked by software for short term trading on 8 September.

The detail about how it works is at : -

http://www.moneyam.com/InvestorsRoom/ShowPostList?fID=1&tID=1008

If you have any comments or suggestions (helpful ones) then please post them here.

Robot Picked Stocks will not be posting until 8 September 2003 due to robots on holiday.


BHM, CHTR, CHW, ETL, HNL

BHM and CHW look to be the best bets for trading

Haystack, I have researched Henlys and Mayflower today and find that whilst Henlys reported a loss (last results in Hemscott) Mayflower have made a profit, if less than last time. I view these companies as fairly similar and wonder not only why Henlys are moving up, also they are over twice as expensive.
Just the madness of the market or is there a good reason?

I don't know. Henleys has had a following on the Bbs for some time now. It may just be a more popular stock. The charts of the two companies are not disimilar. Neither is actually moving up very much and they are both not far from their historic lows. If anything Mayflower seems to have the better chart and fundamentals. Mayflower has a higher turnover, yield etc.

I am not sure how you believe Mayflower are twice as expensive as Henleys. Could you run that calculation past me.

I meant that Henlys price is over twice as expensive as Mayflower, @80p v @24p.
I haven't looked at market prices. I've been following Mayflower and was surprised to see a Sell recommendation - I forget where.

I suppose that's as good a reason as any for buying shares!!

Can't wait for your answer to that Haystack.

Well. Here goes.
Mayflower is the slightly cheaper in simple terms.

For 1 you get 1/85,000,000 of Henleys and
For 1 you get 1/60,000,000 of Mayflower

I say in simple terms as you would need to look at the net asset value, the profit, the dividends (the yield) and lots of other factors to really judge the cheaper of more expensive as regards share price. Mayflower has about 357M shares in issue and Henleys have about 75M. Mayflower may have a lower share price, but you get a smaller part of the company for your one share. If it were only that simple to work out which was better value.

Does your Robotpicked programme restrict itself to any type/size of share, rely on shares that have already moved up, recovery shares or select at random? Until March this year I had a strict selection process which is not much use now compared to the growth of the low (share) price companies.