goldfinger
- 12 Jan 2010 20:42
goldfinger
- 01 Jul 2011 11:04
- 1457 of 3532
GPOR looks to be in fine fettle. Hot sector, recent broker upgrades, relative strength strong and solid results last time up.
On the chart looks a fine opportunity to get onboard the uptrend. On momentum just moved above 0 neutral and looking to hit the upper line or more and ride the uptrend from here.
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goldfinger
- 05 Jul 2011 02:33
- 1458 of 3532
GPOR moving up slowly but surely.
goldfinger
- 05 Jul 2011 08:00
- 1459 of 3532
LWB solid results excelent outlook statement.
goldfinger
- 05 Jul 2011 09:00
- 1460 of 3532
LWB Low and Bonar.
Chart oscilator Disparity Index shows that at present the index has a upper reach of +10 and a lower reach of -3 with the index still some way to go to reach +10 an ideal time to get on board the uptrend.
Disparity index being top oscilator and below it the RSI. Strange the labels havent come out.
Seymour Clearly
- 05 Jul 2011 09:20
- 1461 of 3532
Pleased to be on board still with LWB, nicely spotted GF.
goldfinger
- 05 Jul 2011 10:05
- 1462 of 3532
Gone long of DPLM, 52 week high lovely chart, still cheap on fundies and highly cash generative.
goldfinger
- 05 Jul 2011 16:55
- 1463 of 3532
Gone long on POG again. Trading statement about 2 week off.
goldfinger
- 06 Jul 2011 08:20
- 1464 of 3532
Hmm looks like a duff day so far. Can it get better?.
goldfinger
- 06 Jul 2011 16:34
- 1466 of 3532
Hmmm dont like high priced shares. Good luck skinny.
skinny
- 06 Jul 2011 16:37
- 1467 of 3532
Goldfinger - I should have paired it with short RB (-64). Hey ho!
goldfinger
- 07 Jul 2011 08:26
- 1468 of 3532
Evolution Securities highlights undervalued gold stocks
Tue 11:44 am by Kam Patel Broker Evolution reckons a number of gold stocks it covers are undervalued
The price of gold has been on the rise in recent months, thanks in large measure to the crisis in Greece and worries about the future of the eurozone. Yet, on the whole, gold stocks covered by Evolution Securities have been retreating, leading the broker to argue that a number of them are now significantly undervalued.
In a research note Evolution analysts Charles Kernot and Louise Collinge point out that at the beginning of April the gold price stood at US$1,430 per ounce, rising to US$1,500/oz by the end of June, and averaging US$1,510/oz for the period.
The performance of bullion, however, has not translated into the performance of gold stocks in general, with Kernot and Collinge estimating that gold plays in the Evolution universe have lost 16% of their value during this time.
Their disappointing performance is all the more notable when it is considered that although mining equities generally have suffered a correction on worries about Greece and eurozone, their retreat was broadly correlated to underlying commodity prices.
The disproportionate retreat by gold stocks strongly suggests to Kernot and Collinge that a number of sector players are now suffering from significant undervaluation.
Amongst gold stocks in the Evolution universe the analysts particularly like Petropavlovsk, Aureus Mining, Avocet Mining and Cluff Gold.
While many gold equities have underperformed the gold price recently, the analysts note that situation has been worse for Russia-focused Petropavlovsk (LON:POG), which has underperformed its peers since the second half of 2010. This was initially caused by the markets realisation that 2010 production targets did not look achievable.
While Petropavlovsk is on track to meet its 2011 production guidance, Evolution anticipates that full year production will be weighted towards the second half, and more specifically to the third quarter. We believe that once the market gets more comfort that this production target looks achievable, the shares will appreciate significantly, say the analysts.
As for Aureus Mining (LON:AUE), Evolution reckons the gold company has suffered from portfolio rebalancing in the wake of its split away from African Aura and despite some very positive announcements from the group.
We believe that this represents a buying opportunity given that this group is fully funded to completion of the definitive feasibility study for its New Liberty project in Liberia, say the analysts.
Avocet Mining (LON:AVM) shares, meanwhile, have suffered weakness on market jitters as to whether the sale of its South East Asian assets was going to proceed before the end of June.
The vast majority of the asset sale has actually been concluded. But while the shares have since appreciated, the stock is currently at around 213 pence versus Evolutions target price of 252p, indicating there is upside potential yet.
The analysts are also positive on Cluff Gold (LON:CLF). At 86pence per share, the analysts believe that Cluff Gold is significantly undervalued, as indicated by their 135p target price for the stock.
Kernot and Collinge note, furthermore, that their current target price for Cluff makes no assumptions on future exploration success. They believe such success could be particularly significant at both the Kalsaka mine in Burkina Faso and Baomahun project in Sierra Leone.
Investors will not have to wait long from key newsflow from Cluff, with drilling results due soon from both Kalsaka and Baomahun. The results of a feasibility study for Baomahun are also in the near-term pipeline.
On an additional note, the analysts also reiterated their buy recommendation for Kryso Resources (LON:KYS), with a 26p target price.
Kryso is pushing ahead with its plans to develop the Pakrut gold mine in Tajikistan and Evolution believes the start of production there will transform the group into a significant profit generator and further enable it to push ahead with the additional exploration of its licence areas.
Importantly, Kryso has a supportive major shareholder and a letter of intent from the Export Import Bank of China, which should cover the bulk of the capital costs of the mine.
The analysts say Kryso has worked hard over the past five or so years as it has pushed forwards with the exploration and development of the Pakrut, with the company having already outlined some 3.6Moz of gold for the project and considerable additional potential.
Studies so far suggest that a mine building up to ore production of about 720,000 tonnes/year would have an initial 14-year life and start producing at an average rate of about 82,000oz/year. While initial output will be at a higher level there is scope for expansion over time.~
Evolution believes Kryso represents a relatively low-risk entry opportunity into a new gold mine.
http://www.proactiveinvestors.co.uk/companies/news/30245/evolution-securities-highlights-undervalued-gold-stocks-30245.html
goldfinger
- 07 Jul 2011 08:44
- 1469 of 3532
52 week breakout at XAR...........
Xaar tops targets 7/6/2011
Inkjet printing specialist Xaar said revenue in the first half was ahead of its expectations, being in excess of 31m (H1 2010: 23.8m, H2 2010; 30.9m).
Sales of Platform 3 ("P3") products (which are still capacity constrained), were stronger than expected due to both productivity gains and the impact of the early stages of the capacity ramp programme. The critical stages in the capacity ramp are still to be completed as planned during the second half of 2011 and first half of 2012. Platform 1 ("P1") revenues were below the board's expectations.
Manufacturing output and the P3 capacity expansion programme have been unaffected by the disaster in Japan earlier in the year.
The Group saidit continues to maintain a strong balance sheet with net cash at end-June of 20.6m (31st December 2010 - 22m, 30th June 2010 - 8.2m).
It is Xaar's intention to pay an interim dividend, details of which will be provided at the time of the announcement of the interim results.
The full results for the six months ended 30th June 2011 will be announced on 18th August 2011.
After 6 years with Xaar, Phil Eaves, Sales and Marketing Director, has announced his intention to retire in June 2012. A process has commenced to ensure his successor is in place during Q2 2012.
goldfinger
- 07 Jul 2011 11:51
- 1471 of 3532
A whopping 90 analysts say gold will hit at least $5,000/oz. Read their projections and rationales. http://t.co/WItGpp5
splat
- 07 Jul 2011 12:31
- 1472 of 3532
Thanks for the LWB nod gf, climbed onboard at 67p and it's looking a good'un.
splat
- 07 Jul 2011 12:32
- 1473 of 3532
nice 2,000,000 buy at 12.11 as well...
goldfinger
- 07 Jul 2011 17:13
- 1475 of 3532
Yep excelent point jonuk and one Ive been discussing with a few big nobs. dave jones oF IG index. I pointed out medium producers highland, advocet, cluff, centamin, hadnt performed like in previous gold runs.
Nobody seems to have the answer. perhaphs it cos everyone is focosed on oilys these days. thats my theory.
goldfinger
- 07 Jul 2011 21:14
- 1476 of 3532
Kipper System 1 will place in header tomorrow.
KIPPER SYSTEM.
Mick Kipper on Tue Mar 08, 2011 12:11 am
.Available here now...,
remember this system is for pull backs in a bullish atmosphere on the markets. it still works under differing conditions. But kipper 2 is set up for markets from today 10/06/2011, ready and free from late aug 2011
please follow below. its easy.
On the iii site.................
i use this screener religiously each day on my trades problem is it isnt loaded while about 11.30 pm or later each day but anyway it doesnt matter that much as I like to see a day or 2 days confirmation.
Not sure if you have used it but its on iii so you have to be a free subscriber.
1.Click on trading tools front page left hand side
2.Then technical analysis..... half way down page right hand side
3.you then come to techical event educational material
4. above this is techical event screener....... click on this
5.on this page click on advanced to right of basic
6.you will see set your own criteria.
7.half way down you will see event type,
8. click on oscilators radio button
9.up comes oscilator type. click on it
10. click on MACD
11.then on righside far bottom corner click on SEARCH
12. list then comes up from previous day of all positive MACD stocks bar a few very illiquid ones.
You should get list up from yesterdays trading day,
Then I print it off
Put Money am charts up
Go through list first looking at 1 year chart and then 3 year chart and 3 month chart for stop loss position
Then all my suitable canditates I screen for Beta on digital look site where I wont touch anything over 1
Then go to investigate site to check out recent and developments coming up
then go back to digtal look and see if its got good broker BUY following.
This kind of system can be used on the screener for any oscilator or indicator type plus all chart patterns and you can set your own date periods.
Its from the company RECOGNIA which the banks and trading houses pro analysts use for screening but pay a fortune for it.
Thats why I ask dont let it go out easily ot III may catch on and start charging.
It certainly works and provides me with a sound system and a good living.
Have a good mess around with it first and like I said its only fall back is that its not uploaded until late, but I use the above system the following day anyway and await daily trading developments.
If you need anything else give us another buZZ .
Sees Ya later MICK
PS, YOU MUST REMEMBER ON MACD THE LINES HAVE TO BE UNDER 0 ie, NIL TO GIVE A VALID BUY SIGNAL. The system also allows you to use your own discretion on the daily list it gives. System is flexible so that differing market conditions can mean a change say from MACD to momentum as primary tool. Used plenty of other systems in past from trade station where you put together their code, but this one is easily the best.
Weekly MACD can be used to back up trend.
http://twitter.com/#!/MickKipper