Classic "W" formation breakout on good volume.

Fundamentals aint bad either , 5%+ dividend and forecast earnings for the current year of over 15p.

64,103 on plus 15,667 on lse not sure what the average volume is.

Dil thanks for that.
i was looking at MAM chart and volume. are they different? i dont know. do you?
surely total volume traded should be shown. irrespective of market or exchange shouldnt it? otherwise we could end up with conflicting evidence and views.
just eyeballing the volume on the Mam chart seems to be circa 1600 highlghted by x 10 so volume appears to be circa 16000, which is pretty close to the 15667 figure that you mention above for lse.
anyway its maybe something MAM might like to confirm or clarify.PI"s might also take note and be aware of.seems to be an anomaly, but only for those that require and need to consider volume and it's effect and relationship to price movement.
regards
and good luck
jkd

They are different , you need to add the two together. I believe that moneyam are working on including plus volume in their data which is from the lse.

I did a quick calculation and todays 80k total volume is well above average I think.

AVN , tenner by xmas :-)

3 new contract wins for AVN (I really should start a new thread).

Added a few AVN earlier.

Au Revior Dil.

AVN? you're buying the right stuff at long last.. congratulations!
MML and MWG good uns too.

Bonjour for now.
Martini.

Oh dear, Dil and Dailos on the same thread. ;-))))

In his case ... better late than never I suppose Al :-)

LOL!

Interims tomorrow and lots of noise around MCHL.

Interim Results.


SCOTT WILSON GROUP PLC

Interim Results for the 26 week period ended 1 November 2009

"Increased profits, robust order book and further progress in international business"

Highlights


Adjusted* operating profit increased by 4.1%

Adjusted* operating margin increased to 7.3% (2009: 6.7%)

Adjusted* diluted earnings per share of 10.1p (2009: 10.1p)

Major project wins across all sectors and regions

Order book maintained at 280m

Interim dividend maintained at 1.33p per share

Cheap as chips.

PE of 5.5 at the moment, this means that they are very very undervalued and should be more like 200p at PE10, most of these serivice orgs because of good long term steady business are enjoying hogher multiples I thought! Either way got to be a solid hold, am I missing something?

Still in as stop loss not been hit but struggling to understand the change in the pension fund situation.

Also , don't like companies with recurring "exceptional" items ... close below 104p and I'm out.

I'm still trying to adjust to this statement:- "Adjusted operating profit is operating profit adjusted for recurring adjustments, together with redundancy costs and an exceptional contract loss."
;o)

Well even with all that in mind, fundamentally they are on a pe of 5, this seems cheep, very cheep. This looks like a sqeeze post results, but I could be wrong.

Still in ... just.

When assessing a fall like we have had over the last few days you have to say to yourself 'has anything changed?' The answer in this case is affirmative.

Anyone should have sold long time ago as the downtrend took shape, second bounce moving below 120p


http://www.investtech.com/main/market.php?CompanyID=44105457&product=2

Re Contract






TIDMSWG

RNS Number : 0555F
Scott Wilson Group plc
05 January 2010

?
5 January 2010


Scott Wilson awarded Project Management Commission for High Speed Rail Project
in Saudi Arabia


Scott Wilson Group plc ("Scott Wilson" or "the Group"), the international design
and engineering consultancy for the built and natural environments, is very
pleased to announce that Saudi Railways Organisation (SRO) has awarded the Group
the contract to provide project management support to the new Haramain High
Speed Rail Project.


The contract to Scott Wilson is valued at GBP14.5 million over the next five
years. Scott Wilson will provide technical, specialist engineering and programme
management support services to the SRO, both at its headquarters in Dammam and
around the construction and commissioning sites.


This is the first high speed rail programme in the Middle East and is a 320 kph
railway linking the cities of Makkah, Jeddah, the new King Abdullah Economic
City and Medina, as well as the International Airport in Jeddah. The 440km line
will not only provide fast and safe transport for pilgrims to the Holy Cities,
but serve as a highly effective public transport link between fast growing and
economically active commercial centres.


Hugh Blackwood, Group Chief Executive, comments, "Saudi Arabia is a rapid growth
area with continuing investment in key infrastructure. Scott Wilson is delighted
to be involved in such a high profile rail project which provides a further
opportunity to apply our growing global rail credentials."

Ends