Classic "W" formation breakout on good volume.

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

Down 5.5% today - trading statement tomorrow - hmmmm!

Have faith .... and if that fails use a stop loss :-)

Dil - unfortunately - as posted on the traders thread, I was stopped yesterday!

Pre-Close Statement (Scott Wilson)


TIDMSWG

RNS Number : 5446B
Scott Wilson Group plc
29 October 2009

?
29 October 2009


SCOTT WILSON PRE-CLOSE STATEMENT


Scott Wilson Group plc ("Scott Wilson" or "the Group"), the international design
and engineering consultancy for the built and natural environments, today issues
a pre-close statement prior to the announcement of the Group's Interim Results
for the 26 weeks ending 1 November 2009, due to be announced on 15 December
2009.


The Group's proven ability to provide integrated services globally continues to
see Scott Wilson achieve significant success across a broad range of major
opportunities. In addition, we are benefiting from our new management structure
in maximising the Group's involvement in the higher growth market sectors
identified in our business plan. This is demonstrated by a number of recently
reported project wins including major design packages for Crossrail, the Hong
Kong MTR, the Mersey Tidal Barrage Study and more recently the GBP8 million Odra
River Basin Flood Study in Poland. There have also been notable successes in
securing major road and rail work in Serbia, Mozambique and India.


During the first half of the year the financial performance of our Joint
Ventures has been better than initially foreseen. This largely reflects the
Group's prudent approach to profit recognition and, although final settlements
are yet to be agreed, the Group's share of the profits from the Joint Ventures
at the half year is now expected to be at least GBP2m. As a result, the Board
anticipates reporting interim results ahead of current market expectations.




Ends

Onwards and upwards.

Can always get back in when it breaks out again skinny - 200p here we come :-)

Dil - I took a spread bet on them earlier - all be it nowhere near as large as my original holding - strong close in the auction ! :-)

If they come-in with 10p, it may be higher for the first 6months and with the future potential you could be looking at 25p forecast, = solid 250p, plenty to go at from here, 200p looks definatle possibility short-term, or at least to test it.

AVN breaking out skinny ... now don't say I didn't tell you :-)

Good call Dil :-)

ACHL worth a look too but the chart doesn't take account of a 10:1 stock split a couple of weeks ago.

... and I still hold SWG :-)

Dil - just looked at the chart here.

Cheers , looks a damn sight better on that one than on here.

Dill,

I will get someone to take a look at the chart

Ian

Cheers Ian.

Think AVN has taken off.

2010 could see it double from here.

Bloody ramper :-)

Where ?

:-)


Roll up roll .... avn a fiver by xmas.

Dil, Where will it land?

Who cares as long as it stays up there for a few years Fred.