Classic "W" formation breakout on good volume.

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

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

I got stopped out before xmas , pinning my hopes on Avanti (AVN) now.

AVN breaking out , really should start a new thread.

These had dropped off my radar.

Interim Management Statement.

Scott Wilson Group plc ("Scott Wilson" or "the Group"), the global integrated design and engineering consultancy for the built and natural environments, today releases its Interim Management Statement for the period from 15 December 2009 to date.

Current Trading

The underlying business performance of the Group continues to be consistent with current market expectations. In addition, the performance of our joint ventures will be ahead of previous indications providing confidence that overall we will, at least, meet current expectations.

Our international business is showing continued strong organic growth, supported by significant project wins including:

Saudi Arabia Makkah to Medina High Speed Railway
Poland and Italy Major Highways
India Sewerage Scheme in Bhubaneswar
China Sichuan Post Quake Reconstruction
Sri Lanka Highways
Abu Dhabi Water Transport Study
Tanzania Mining IPO
Denmark Railways Signalling Strategy
Zambia Hydropower Stations
Thailand Laem Chabang Container Terminal
Australia Pilbara Trackbed Investigation

The fees on these 11 projects are likely to exceed 30m.

You been watching Avanti (AVN) lately skinny ?

Dil - I've been waiting for you to start a thread :-)

Patience is a virtue :-)

You in yet skinny (AVN) ?

Take off confirmed for Sept , should see an easy 50% before then.

Tell me more :-)

Ah you mean this :-

Avanti Communications Group plc

Launch schedule confirmation

Avanti Communications Group plc (AIM: AVN), the broadband satellite operator, is pleased to announce that Arianespace and its subcontractors have confirmed today that the Soyuz launch for HYLAS 1 remains on target for launch by September 2010.

The fully assembled HYLAS 1 satellite is now in thermal vaccum, making final preparations for shipment to the launch site with no change to the prior schedule

I'm wondering if I should sell half into the frenzy before lift off or go sh*t or bust on a successful launch (odds are heavily in favour of one).

Decisions decisions :-)

Spread is a bit of a killer - 461.75 - 476

It narrows , usually later in the day but on average its usually less than 10.

... regards The Loafer :-)

lol

Might start an AVN thread when it gets to a tenner skinny :-)

It's nice that it's gone unnoticed by the masses , they all be jumping on in September.

Looks good Dil :-)