i'm buying on the blips

Featured Stock: Gold
Tom Winnifrith writes: THe price has slipped. The price of everything has slipped. But the argument stays the same. Base rates across the globe will stay close to zero for another 18 months. So there is no yield advantage in holding cash rather than gold. And Governments across the globe will be keeping De La Rue in a roaring trade. More bank notes in circulation drives down their real value. God is not making any more gold. I expect $1200 during 2009 and much higher over the next three years.

God may not be making any more gold, but there's a hell of a lot more of it in them thar hills, and it's not a consumable like fossil fuel

Yep but it 'shines' like me.

all that glisters etc .... lol

"and it's not a consumable like fossil fuel ".....

what about that which is used in tooth fillings!!!!

AND

Gold pills, I kid you not for some kinds of thyroid problems.

some of our european brethren are probably still recycling their hoard created during the war

he he LOL. now now cyners, were all Euro bods these days.

Little wonder the almerian region of Spain is doing very nicely these days........ now just remind me which nationality prevail there alongside of the spanish..... pst dont talk about the war.........basil.

Printing plenty of money for me now.

Thought the chart was a looker.

lying little digit ..... sp has only recovered 13p from yesterday's fall which itself was greater than the previous day's gain

Yep but I got in at near the very lows, check out my posting times.

Ive got this long stratergy at the moment cyners where Im only trading on stocks that are in the red......... nicely in the red on the day or previous day and its been working well over the last 4 or 5 days, SXS being the only failure so far.

Ive just gone long of Rotork and in profit already. ROR...... its fallen away like this one yesterday but pearing back loses.

Fingers crossed Ill be well in the money by the close.

I got HOC this morning aswell and doing reasonably well.

After a sideways trending range for over a year we have now broken out positively to the upside and although at first it was a little too fast for my liking we now sit on the bottom line of a uptrend channel and should go from strength to strength from here now that the earlier froth as been cleared....

De La Rue H1 significantly below last year

Paper production problems hit banknote printer De La Rue's first half results.
But the firm is maintaining its interim dividend at 14.1p despite operating profits falling to 27.8m from 51.0m and pre-tax profits before exceptional items more than halving to 23.8m from 48.0m.

Revenue for the six months to 25 September was down 17% at 209.2m and there were net exceptional charges of 7.3m (2009-10: 3.8m).

It said these represent costs of 23.3m arising from the paper production quality issue, including write off of inventories and trade receivables together with other costs relating to the investigation and rectification of these matters.

These costs are partly offset by a one-off curtailment gain of 16.0m arising from the previously announced closure of the defined benefits pension scheme to further accruals from 2013.

A profit on sale of 52.9m has been recognised following the sale of the group's holding in Camelot, the UK national lottery operator.

Profit before tax increased to 69.4m (2009-10: 44.2m) as a result of the gain on the Camelot sale.

Interest charges were reduced as a result of the lower average level of net debt.

Headline earnings per share fell by 51% to 17.2p.

Executive chairman Nicholas Brookes said: "Issues in paper production at one of our facilities have, as previously advised, had a significant impact on the group's performance during the first half.

"The board took decisive action to eliminate these issues and we are encouraged by the support of our customers and the level of orders and enquiries in recent weeks.

"The board reiterates its confidence that neither the physical security nor the security features in the paper were compromised."

Take over bid from france!

Up 24% great.

Goes ex-divi 6th July '11 (28.2p)

Thanks, skinny.

Well, let us start using this thread with the chart.
We can overlook the 'license' instead of 'licence' bit!

Greeek elections announced for 17 June, so retreat inevitable.

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I did ask Ian top put a chart in the header of the other, more current thread - no mind.


And here they are :-

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