Member Info for AL75

I'm also very bullish now as the contract win has snapped it well and truly out of its downtrend channel. Other reasons to be bullish: on the daily chart RSI is rising MACD is positive, and signalled BUY a few days ago. It's now gapped well above its 200 EMA and the next target is about 104p. If it made it to 160p in the next 6-12 months that would be very good going.

After a pullback to 207p it's been a slow grind back to 228p. All shares in a bull trend must retrace sometimes.

Mister Market must think Lavendon has more to go considering shares are now upto the offer price of 205p.

Seems like the fund managers will decide Lavendon's fate, as today they're all declaring their equity interests.

Yesterday calm seas, illiquid market and a 5% spread. Today, a bid, lots of liquidity and a 1% spread. This is how things change in trading!

The offer is at 205p but the market price now is 187p. 12.5% of shareholders support the offer. So, at the moment it doesn't look like a high probability winner unless they substantially increase their offer or another bidder calls. Lets see what plays out though.

Only problem with Lavendon is the market is not liquid, hence the spread is wide. It's not a day trader's share unless the move is well over 6p.

Decent results, alongside market growth and hedged against any Brexit downside. Shares have been hugging its downward trend channel since 22nd Oct, but now are making a bid upwards towards 153p. Rising RSI above 50, and MACD about to go positive. For me that's a buy. #bullish

Oil's had a pullback and is likely to go lower and use it's old trendline as support at $40. Then it should rebound, although fundamentally it's hard to see that given most producers want to keep producing at existing levels. Any time oil rises the reason for the shale producers top reactivate production increases keeping a lid on a big move. Any comments?

Still attractive with a 6% yield, and a share price discount to NAV of 14.3% Mining has had a big rebound this year and should keep on going in the medium term. #buy

For me a company buying it's shares back is poor. It shows they have nothing commercial to do with the money and therefore they are not going places. They say they are returning capital to their shareholders, but I'd much prefer a special dividend. Buying Aalto on the other hand is a good move and should increase shareholder value.

Good results today, "(ShareCast News) - FTSE 250 hedge fund manager Man Group reported a jump in third-quarter funds under management and announced an agreement to acquire real asset manager Aalto Invest Holding AG. In a trading statement for the quarter ended 30 September, the group said funds under management increased 6% to $80.7bn, with net inflows of $1.3bn, supported by demand from institutional investors. This comprised sales of $6bn and redemptions of $4.7bn." Should lead to a short reversal of its down trend. Looking cheap on its fundamentals and pays a good dividend. Definite buy.

To me the market almost likes the results, but not enough for it to be convinced N Brown is away from danger. It's being capped by its 50 day MA and volume is low making the price rise unconvincing. It also needs to break 372p before the downtrend is well and truly over. For me the big bump in the road is Brexit and the impact of Sterling. Retailers' input costs will rise, and together with any economic slowdown could send N Brown back down. For me that's too much probable risk to take, although short term traders and day traders can still profit.

American non farm payrolls are out tomorrow and if good, they will help strengthen the dollar and weaken the gold price. So it is possible the price will head back to 121 and then 107. Who knows? Not me.

LAM formed an island reversal during Aug and Sept and that's bullish. RSI and MACD also reinforce it's recent moves to the upside. But, the market sees no value in it today as the PE ratio is an extremely low 3.3. Overall though I think the set up looks good. Anyone have anything else to add?

Cup and Handle pattern now failing

The only indicator that makes it slightly bullish is it's 200 period moving average which is acting as support at this time.

The market views their results indifferently. After an initial boost the price fell back as their debt is now much higher.

Hard to ignore yesterday's candle because it was big bearish and engulfing. Does not bode well although I'm luke warmly confident APH will rise after another pullback.

A simple but positive RNS today, just before their results. Still bullish, but will tomorrow's results trigger a sell off?