goldfinger
- 12 Jan 2010 20:42
goldfinger
- 30 May 2012 12:47
- 2741 of 3532
SMP ???? lOOKING .
goldfinger
- 30 May 2012 12:52
- 2742 of 3532
Why you going for property?. Bounced off 200 day EMA.
Think tech will be biggie when al this euro crap is out of way. just think £75 billion on companys balance sheets.
Going to tech i think. new dot Com ....... easily.
skinny
- 30 May 2012 12:57
- 2743 of 3532
Is it property? :-)
I had them Jan/Feb from @114 - 149. Currently I don't hold - just pointing out the chart :-)
goldfinger
- 30 May 2012 15:22
- 2745 of 3532
Stan looks like it may have hit a low . Double bottom on cards?.
Stan
- 30 May 2012 15:30
- 2746 of 3532
Hopefully GF, not seen to much speculation on AMEC of late, they also have a wide spread of interests around the world as we know.. we shall see.
jonuk76
- 30 May 2012 17:11
- 2747 of 3532
New year low for Tesco's (lowest since early 2009 in fact), and just under the psychological £3 level. Interesting to see whether buyers come in at this level or whether it drops further.
10 year monthly chart
6 month daily chart
halifax
- 30 May 2012 18:30
- 2748 of 3532
in this market the only way is down due to political paralysis.
goldfinger
- 30 May 2012 20:10
- 2749 of 3532
Sorry halifax squelched u end of last last week.
No time for 'time wasters' sorry.
goldfinger
- 31 May 2012 09:33
- 2750 of 3532
TCY and PER going great guns.
Must admit in past had this block with 52 week highs.
NOT ANYMORE.
skinny
- 31 May 2012 10:11
- 2751 of 3532
Both look good GF.
goldfinger
- 31 May 2012 10:17
- 2752 of 3532
BAB chart looks fantastic. Id go long but fear EURO exposure.
SKINNY any thoughts?????? on this i mean.
skinny
- 31 May 2012 10:41
- 2753 of 3532
Well the chart looks superb - looking to challenge recent high (875.50p) again.
Ex dividend (I know you aren't interested) 4th July (17p) yield @2.7%
skinny
- 31 May 2012 10:47
- 2754 of 3532
It also looks likely to be promoted to the
FTSE 100
Shortie
- 31 May 2012 11:19
- 2755 of 3532
I have BAB also on watch, some very good results last month and the dividend is covered over 2x's, FTSE 100 promotion also on the cards and the board believe earnings will be above expectations. Europe is a concern although our own government making further cuts in the MoD, RAF etc is more of a concern. 800 tested and supported however I'm not convinced of the support here.
For me the 800 downside needs further testing, all the good news is already priced in. I'm sceptical if tested again the 800 wouldn't hold up for long and we'd see a fall to 750ish resistance.
BAE announced today the closure of its Newcastle factory
"BAE said the proposal to close the old Vickers site in Newcastle at the end of 2013 followed a business review that concluded that there was no prospect of new UK armoured vehicle manufacturing work once production of the Terrier ends."
From Babcock Finals
"In the UK the £38 billion shortfall in the Defence Budget over the next 10 years is being addressed through a comprehensive review of existing and planned programmes and personnel requirements. As a result, radical organisational change is proposed within the MoD together with significant reductions in equipment spending and in uniformed and civilian MoD staff. Within this context we expect the increasing pressure on budgets and manpower will drive greater outsourcing and the short-term potential for the extension of existing contract services in support of MoD legacy assets."
This all suggests to me that forward EPS will begin to fall, problems within Europe will possibly compound the situation. The recent highs are unsupported as we've yet to test the downside. As such BAB remains on my watch list until forward EPS is backed up or downside support is found.
I'm very aware this goes againt the price trend however it's got to top out somewhere and I'm neutral to bearish with all the spending cuts going on when it comes to defense and supporting services.
Just my view Goldfinger on BAB
goldfinger
- 31 May 2012 14:36
- 2756 of 3532
cheers Shortie post a bit more here please.
Much appreciated , cheers skinny ever the rock.
ohhhhhhhhhhh im tempted. been in and out of this one so much and made a lot of money.
goldfinger
- 31 May 2012 14:38
- 2757 of 3532
Look at TRB!!!
goldfinger
- 31 May 2012 14:45
- 2758 of 3532
Some newbies tonight chaps.
Just looking again at the charts, some right spikes wicks on the candles.
Sooo volatile.
goldfinger
- 31 May 2012 15:20
- 2759 of 3532
look at the volume on AIP............