i'm buying on the blips

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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This thread with the header to be OK.
DLAR seems to be the silver lining amidst volatility these days.
This blog item, posted, a week earlier thAn the
Reuters report, says the same.`Should return to 1000+ before prelims.
Spain, I imagine, would have pesetas printed by Oberthur if it
came to the crunch:

http://www.ritholtz.com/blog/2012/05/de-la-rue/

Skinny, you have to admit your Drachma notes are far
more attractive than the Euroland ones.

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Falling FTSE means rising DLAR.
Elementary, my dear Warson...I mean mnam!

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In a nutshell:

http://www.guardian.co.uk/business/2012/may/29/greek-drachma-rumours-banknote-printer

28.2p divi maintained, payable on 2 August.
I think sp might retreat somewhat before Greek election, as
stiill over two weeks to go.

Retracement active now, as I thought an hour ago.

Pundit on Radio 4 Today thought it was way over-bought