goldfinger
- 12 Jan 2010 20:42
goldfinger
- 26 Apr 2012 01:11
- 2461 of 3532
HFD looks like a trend reversal kully with that hammer. need confirmation mind.
goldfinger
- 26 Apr 2012 01:14
- 2462 of 3532
Oppps day behind you Kully yes we got it today... wed. Confirmation that is. Hmmm
may buy this one.
KullyB
- 26 Apr 2012 09:37
- 2464 of 3532
Morning Mick
Dumped HFD this morning, thought with yesterdays positive action would've seen this kick on, may have been a bit premature with the cull but I'm not a fan of their business either so it was purely a technical buy. CSR does look a sexy bugger, 33% drop over 2 months is a bit steep, judging from last few RNSs expecting good results next week, might just join ya :) Also looking to get back into BLVN after selling out on a spike a couple of days ago
Kind Regards
Kully
goldfinger
- 26 Apr 2012 14:36
- 2465 of 3532
Yep HFD not followed through today....perhaphs yet. Volume aint bad Kully.
CSR yep added first thing noticed realtive strength firming up yesterday.
goldfinger
- 26 Apr 2012 15:26
- 2466 of 3532
HOIL Heritage Oil
Could do with some more volume here
but technicals gradually turning positive...
goldfinger
- 26 Apr 2012 15:34
- 2467 of 3532
goldfinger
- 26 Apr 2012 16:06
- 2468 of 3532
SNR added to Bullish trending Charts. In full upswing.
goldfinger
- 26 Apr 2012 17:07
- 2469 of 3532
Hoping for a better day tomorrow. Boring at moment.
goldfinger
- 27 Apr 2012 01:44
- 2470 of 3532
Kully...... CSR....... did you get in??.
27/04/2012
MARKET REPORT:
CSR shares advance amid whispers of a share cash offer
By Geoff Foster
Those were the days. Long-term share-holders of CSR, or Cambridge Silicon Radio as it was once known, will remember that blue sky period in 2006 when shares of the silicon chips supplier were changing hands above £15.
Six years and several profit warnings later, they must now be praying it loses its independence to a cash-rich overseas predator.
Up from a 52-week low of 153.2p on prevailing bid hopes, the shares advanced a further 9.4p or 4.7 per cent to 210.6p amid whispers that a £600m or £3 a share cash offer could soon be on the cards.
Moving up: The Footsie rose 29.83 points to 5,748.72
Japanese electronics giant Samsung, with which CSR already has joint venture agreements, and Texas Instruments of the US, were two names being touted in the market last night.
CSR does not itself make chips. Instead it licenses its patented designs to hardware makers and receives a royalty each time a gadget containing one of its designs is sold.
More...FTSE Close: Blue-chip good news from Shell, Whitbread and Unilever sends shares higher
What next for shares? Predictions from the world's best stock market experts
When Qualcomm swallowed Atheros Comms, which specialised in wireless technology, for £2bn, it left CSR as the only other real pure play connectivity chip provider.
Any bidder would have to get the nod from Schroders, CSR’s largest shareholder with 19.5 per cent.
A sudden bout of nervous selling ahead of Tuesday’s trading update dragged defence company Chemring 22.1p down to a 52-week low of 316.9p.
Bears roared that there has been a delay in a long-awaited sizeable, multiyear contract award for NIITEK, its developer of robot and vehicle-mounted mine-detection systems.
The company has said it would be confirmed by the end of April.
The Footsie moved up 29.83 points to 5,748.72 and the FTSE 250 26.93 to 11,361.38 after Federal Reserve chairman Ben Bernanke said overnight that the Central Bank ‘would not hesitate’ to launch another round of bond purchases to drive borrowing costs lower if it looked as though the US economy was in need of it.
Sentiment was also helped by some impressive corporate trading statements from leading blue chips including Whitbread, 112p up at 1921p, Royal Dutch Shell A, 67.5p better at 2195.5p, and Unilever, 56p dearer at 2135p.
Wall Street traded 34 points higher at the outset on further consideration of Bernanke’s comments and following news that pending US home sales rose 4.1 per cent in March, hitting its highest level in almost two years.
In-line first-quarter trading and revived speculative buying amid vague bid talk lifted speciality chemicals group Elementis 10.3p to 207.8p.
EnQuest improved 1.7p to 123.7p after announcing the acquisition of a third tranche in the Kraken oil discovery, taking its equity interest up to 60 per cent from 45 per cent.
Numis is a fan and has a target price of 184p. ‘There’s a surprise,’ said one sarcastic trader as Borders & Southern, 1.5p dearer at 85.5p, raised £46.5m via a share placing at 84p a pop.
It follows the shenanigans of last week when the shares almost doubled to 130p on hot gossip of an oil find in the Falklands which turned out to be a gas condensate discovery. Roxi Petroleum gushed 13 per cent to 3.25p after the Kazakhstan-focused oil and gas company gave a positive operational update.
Sports marketing and events manager Parallel Media soared 5.5p or 58 per cent higher to 15p after entering into a joint venture to bring Korean Pop (K-pop) concerts to Singapore.
The joint venture is with CJ E&M, a leading Korean media and entertainment company.
Parallel Media has also placed 1.4m shares at 35p a go with Mr Henry Wee, raising £500,000.
Wee, formerly a banker in an international bank in Singapore, has been granted an option to subscribe for a further 1.4m at the same price.
News of an oversubscribed 6.6m share placing at 120p with institutional investors left Highland Gold Mining 3.5p easier at 128p.
Gold Oil spurted 1.52p to 5.8p on a Faraday Research recommendation.
The company recently said that oil majors are showing an interest in its operations in Peru. Mobile gambling company Probability added 1.5p at 75.75p following a fourthquarter trading update.
Analysts are now of the opinion it will make a maiden profit of £1m in the year to end-March 2013 rising to £3.8m the following year.
The switch by punters to gambling with mobiles rather than per cents is helping to grow revenues. Numis has a target price of 150p.
A positive full-year trading update helped Zoo Digital, the film software company, climb 2p to 11.75p.
Toys and games group Character lost 10p to 150p after reporting lower interim profits.
Broker Merchant Securities shaved its target price to 170p from 202p and reduced its current year pre-tax profit forecast to £8.3m from £9m.
Shares of JD Sports were out of fashion at 775p, down 34.5p. Investec remains a buyer with a price target of £9.
Management needs to return Blacks Leisure to a profitable core as quickly as possible, and invest in firm foundations preparing for the internationalisation of its Sports business.
This will require an increase in investment through both capital expenditure and operating costs which will hold back short-term earnings growth and cash generation
Read more: http://www.dailymail.co.uk/money/markets/article-2135806/MARKET-REPORT-CSR-shares-advance-amid-whispers-share-cash-offer.html#ixzz1tCEF
goldfinger
- 27 Apr 2012 09:20
- 2472 of 3532
Yes good one Skinny im thinking of adding a third Range bound stocks to top of thread after Bearish Downtrend stocks. if you or anyone else has anymore could you please let me know.
I think ARM qualifys and Morrisons used to, not sure havent had a recent look.
anymore please????????????
Dont have to be horizontal.
goldfinger
- 27 Apr 2012 10:42
- 2475 of 3532
Cheers Skinny.
CSR going like the clappers this morning........Nice.
hope Kully got it.
KullyB
- 27 Apr 2012 13:17
- 2476 of 3532
Hi Mick, hope you got my comments re: CSR via Tweeter earlier.
Think we've discussed AVN previously a few times but for those who haven't seen it today, on a bit of a tear----
goldfinger
- 27 Apr 2012 13:31
- 2477 of 3532
AVN going like the clappers. I dint know why but it is way undervalued and well sold off on the chart.
goldfinger
- 27 Apr 2012 14:44
- 2479 of 3532
CSR
Chart really looking positive now.
Technicals have turned up and signaling
onwards and upwards.
goldfinger
- 27 Apr 2012 14:53
- 2480 of 3532
SIA SC looks rather horny. Checking.