A thread created for the TA of charts on the LSE markets. (aim and plus included)
Beginners and advanced wellcome. Long or short, just post your views and lets have some positive discussion. FIRE AWAY.
NB, UK indicies and sector charts can also to be included in posters analysis

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RESOURCES

http://blog.tradersdaytrading.com/ http://stockcharts.com/school/doku.php?id=chart_school http://www.cantos.com/charts/masterclass http://www.onlinetradingconcepts.com/TechnicalAnalysis/ZigZag.html http://bigcharts.marketwatch.com/ http://www.stockmarket-coach.com/index.html http://www.trade2win.com/knowledge/equities/ http://www.financial-spread-betting.com/

CHART SCREENERS

http://www.iii.co.uk/spreadbetting/?type=technical http://www.barchart.com/lookup.php?field=name&search=contains&string=YELL&e=nf&type[]=2&type[]=1&type[]=5&type[]=9&type[]=10&type[]=4&type[]=CAN&type[]=LON&type[]=IND#results http://www.autochartist.com/ Nb, only free to IG Index Members. http://www.britishbulls.com/

BULLISH TRENDING CHARTS. Timeframe 3 Daily. Updates And Renewals Will Take Place On a regular basis.

MOMENTUM http://www.onlinetradingconcepts.com/TechnicalAnalysis/Momentum.html ADX http://stockcharts.com/school/doku.php?st=adx&id=chart_school:technical_indicators:average_directional_

BEARISH TRENDING CHARTS Timeframe 3 Daily. Updates And Renewals Will Take Place On A Regular Basis.

12 WEEK HIGHS Timeframe 3 Daily. Updates And Renewals Will Take Place On A Regular Basis.

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http://ow.ly/1bzS01

Edison BUY note just out.......

Summary.....


Valuation: Well positioned for uplift

The current rating of 10.0x CY11 EPS provides an opportunity to invest in a business that has world-leading market positioning, a strong backlog and supportive industry trends that has suffered recently from concerns regarding material costs that have proven to have, in fact, little impact on forecasts.

GKN note from Edison Investment Research - GKN's prelims showed that the rebound in global automotive demand accele... http://ow.ly/1bzS01

No investor's intelligence GF? Still, I suppose it's a bit pointless at the moment.

Yep posted one this morning.

Post 984 SC.

Just opened up a long in BAB, looks like US market is firming up, so logic is we might see prices here follow.

So you did - my apologies GF! It's been a busy day at work, I looked before I left home at 8.20 then thought I'd looked again once I got in but missed it.

Do you need glasses? :-)

Don't you start!

;-)

I can confirm that he does :-)

Tipped up on Twitter.

STAF Staffline Group

TA.



FUNDIES.

Forward P/E of just 6.6 to 2012 very cheap EPS 28.8p.

Staffline Group PLC

FORECASTS 2011 2012

Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Merchant Securities Limited
28-02-11 BUY 8.20 27.20 6.80 9.00 28.80 7.70
Altium Securities [R]
28-02-11 BUY 8.80 27.80 8.00 9.70 31.00 10.30
Fyshe Horton Finney Ltd
25-11-10 BUY

2011 2012
Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Consensus 8.20 27.20 6.80 9.00 28.80 7.70
1 Month Change 0.15 2.91 -0.10 -0.70 -2.20 -1.10
3 Month Change 0.15 2.84 -0.10 -0.70 -2.20 -1.10


GROWTH
2010 (A) 2011 (E) 2012 (E)

Norm. EPS 100.00% 20.35% 5.88%
DPS 41.38% 65.85% 13.24%

INVESTMENT RATIOS
2010 (A) 2011 (E) 2012 (E)

EBITDA m 8.60m 9.30m
EBIT m 7.50m 8.60m
Dividend Yield 2.14% 3.54% 4.01%
Dividend Cover 5.51x 4.00x 3.74x
PER 8.50x 7.06x 6.67x
PEG 0.08f 0.35f 1.13f
Net Asset Value PS p 149.40p 165.30p

FORWARD STATEMENT. 28/02/2011

Current Trading and Prospects

We believe the Group can continue to grow market share and that our OnSite model offers customers a reliable and cost effective outsourced solution. Trading for the first 8 weeks of 2011 has been positive, and we remain confident that trading will continue in line with market expectations.

The acquisition of Kelburn Industrial in January 2011 is an indication that there are still a number of acquisition targets which could give us the potential to accelerate revenue growth and expand both our customer base and geographical footprint.

Lats today, sorry family errands etc, etc.....

Investors Inteligence Morning....... sorry afternoon read.......

http://www.investorsintelligence.com/x/marketdataindex.html?op=art&aid=59461

Thought it was my eyes again ....

LOL, not this time SC. Apologies had to pick my aunt up from hospital and take her home. been a busy morning.

From Investtech the TA experts this morning commentating on CLF......

Positive candidate

Positive signal: Moving average.

CLUFF GOLD PLC has broken up from an approximate horizontal trend. This signals a continued strong development, and the stock now meets support on possible reactions down towards the ceiling of the trend channel. It also gave positive signal from a rectangle formation at the break up through the resistance at 113. Further rise to 130 or more is signaled. Has also received a positive signal from the moving average indicator, thus signaling a continued rise. The stock has broken up through the resistance at pence 118. This predicts a further rise. Volume tops and volume bottoms correspond well with tops and bottoms in the price. Volume balance is also positive, which strengthens the trend break. The RSI curve shows a rising trend, which could be an early signal for the start of a rising trend. The stock is overall assessed as technically positive for the medium long term.

Medium term: Positive candidate

Currently trading on a P/E of around 11 where as in the past the historical P/E is around 17 to 18 so we have a fair way to go and the stock is way undervalued imo.

Heres Brokers SP targets going back to December......

Date Broker name New Price Old price target New price target Broker change

02-Mar-11 Panmure Gordon Buy 558.00p 750.00p - Reiteration
11-Feb-11 Seymour Pierce Buy 571.00p 670.00p - Reiteration
02-Feb-11 Arden Partners Buy 567.00p - - Reiteration
25-Jan-11 Seymour Pierce Buy 579.00p 670.00p - Reiteration
21-Jan-11 Panmure Gordon Buy 560.00p 750.00p - Reiteration
11-Jan-11 Arden Partners Buy 590.00p - - Reiteration
10-Jan-11 Panmure Gordon Buy 570.50p 750.00p - Reiteration
02-Dec-10 Royal Bank of Scotland Buy 550.50p - 620.00p New Coverage

Some pretty impressive targets their.

DEALTALK-UK's Costain likely target of Turkey's Renaissance
03 Mar 2011 - 16:42

(For more Reuters DealTalks, click [DEALTALK/]

* Renaissance revealed early talks with a British builder

* Analysts highlight Costain, with 150 mln stg market cap

* Renaissance eyeing growth in Middle East and Russia

* Interserve overtook Costain in race to buy Mouchel


By Lorraine Turner and Evrim Ergin

LONDON/ISTANBUL, March 3 (Reuters) - Britain's Costain Group Plc is the likely target of Renaissance Construction, as the Turkish building group seeks a partner with deep roots in high-potential markets.

Board chairman Erman Ilicak said last month that Renaissance, one of Turkey's three largest construction groups, was in early-stage talks to take a controlling stake in an unnamed, 140-year-old British company.

Ilicak told reporters the potential target specialised in building nuclear plants, railways and water networks and had annual revenue of 1.5 billion euros. [ID:nLDE7191H2]

The detailed description, analysts say, points squarely at Costain: "It's difficult to come up with too many more suggestions (other than Costain)," said Panmure Gordon analyst Andy Brown.

Costain's bid to buy Mouchel failed recently, after the struggling support services firm struck an alternative deal with Interserve Plc . [ID:nLDE71O0TY]

Brown said the "bid shadow" of Renaissance could also explain Costain's reluctance to go hostile in its pursuit of Mouchel.

One wrinkle, however, is a gap in valuation: Costain's market value is about 150 million pounds ($245 million), compared with a 300 million euro ($417 million) value cited by Ilicak.

Even adding a typical takeover premium of about 30 to 40 percent, Costain's equity value would be some way below that. In "enterprise value" terms, the gap is even bigger, since as of November Costain had more than 100 million pounds in cash.

"Everything points to Costain except the valuation," said Robin Hardy, an analyst at Peel Hunt, saying it would be a "fairly punchy" deal.

But he added: "You never know what view somebody takes from what they think they can add, by combining their business with an existing business, or what they think they might be able to leverage out of it."

If Renaissance succeeds, it would be one of the biggest takeovers in Western Europe ever by a Turkish firm, according to Thomson Reuters data. Turkish buyers have only struck seven takeovers in Western Europe worth more than $100 million, the data show.

Costain declined to comment, as did its two major shareholders, Kuwait's Al Kharafi and UEM Builders, a unit of Malalysia's UEM Group, which each have stakes of about 22 percent.

Investors Inteligence morning read tipped French Connection...

http://www.investorsintelligence.com/x/marketdataindex.html?op=art&aid=59494

Investors Inteligence tip this morning.......

We open a short-term long in French Connection, on its recent uptrend reassertion.

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GF,

As you are trading using charts and a fundamentals, what methods are you using for setting stop losses?

Do you set trailing stop losses when in profit?


Just interested.

I find it difficult to set useful levels, especially with shares with large Stop losses and no avoid such stocks.