Member Info for bigmac321

the initial reaction to a gold price in a market sell off is a short dip as people sell out of the stuff to cover margin calls they werent expecting. then you see a rally as the risk money enters gold as a safe haven. Expect to see this rise sharply next week. Gold is heading towards 2000oz in next 12 mths

yeh indeed, but more of a reaction to spain than the china data. Equally, every indicator suggests growth will increase significantly from Q2 onwards with further easing following. I am also comforted by the bullish notes on the mining sector today generally.

Looks like China has begun monetary easing, this should give us a bit of a bump on Monday

Agreed, I expect a rise here Monday. I have 40k here only but am only trading it to be honest. Will sell at £24.5-£25 unless I foresee more firm signed that the market will worsen.

Not sure it will do but agree. 2280 always seems to get bounced off.

you are absolutely right, and its decision to take the rest of De Beers was a good one! Equally the diversity means it is less prone to shocks in share price every time copper falls likeRio tinto

At 22.95 this is a screaming buy!!!!

Solid rises now until divi ex date in 10 days. 9.5% yield maintained.!!! V good results too

Good day today - should see this tick up to £1 plus now.

I think it is a bit much to suggest that it is performing comparatively well to most of the retail sector. The latwest profit warning put profits at about half of analysts original expectations. Equally, the cash that you speak of is likely to be significantly eroded now, given that the UK business is showing a loss of at LEAST £9m and possibly higher. I accept that there are some positives here. the European and overseas businesses are showing more resillience, but 50-60p right now looks toppy until we hear about how they plan to turn the UK business around.

Posted a message on French connection for you. Good to se this one racing ahead. Was a bit frustrating for a while there! Hope you're well! yours SGP predction was a good one this week.

hi Pablo - Just to let you know I have sold out of this one. Made some good profits butI have done some further research. Analysts believe that the UK business will lose £9m when results postedon Wed. I think it will be mor elike £12m as there still appeared to be a large stock pverhang when the last results were posted. Either way £9m seems optimistic. I appeciate that the overseas business is pretty bouyant, but losses of in excess of £9m are going to put a big hole in the cash pile given so much value is tied up in stock. Im am more worried thanI was a few months ago. DYOR and I will watch from te sidelines the results on Wednesday but I see these going potentially sub 30p If what I say is right. I think french connection sits in avery difficult position in the UK market place and this will cast a big shadow over results. Would be good to hear from you - Asian citrus doing well! I have ploughed my money from FC into Zetar and SQS Software, two other very undervalued plays.

Hopefuly we will see a swift hike up to £2 now.

Indeed, pretty good - for me its the extent of the cost savings next year - this will impact significantly on profitability as well as the new contract win. Its good to see brokers upgrading to £2.60 and around that area as its justified.

Agreed - hopefully this will happen tomorow - what better time to get in that before the dividend. I already have 20k worth unfortunately.

I really rate this stock generally but it could be a bumpy ride. Whilst there is the best cinema line up in years we have the olympics which will make the summer very patchy. Equally, we already know that cinema sales nationally for the first 15 weeks of trading are 15% down on the year - as such im worried about the companies growth prospects this coming year - will be interesting to hear their results/outlook.

Suspect a number of investors will be buing in for cheap dividend yield as well as future growth. I agree with Pablo, these rumours have been disproved in nearly every regard and whilst an irritating distraction can only be a temporary one. I think/hope we will see some solid advances in the share price now.

Great results today - confirmed that cash and property now 70p plus of share price. The tender offer, if people take it up will be earnings enhancing for the balance of shareholders which is also good news. Personally, I dont see why many would sell out for 80p - expect to see earnings/broker upgrades for next year.

Can anyone tell me what the GBP value of the 0.05RMb dividend is on Wednesday. this is made up of the ordinary dividend and the special dividend. Is it 0.5p?

Elsewhere, Peel Hunt has upgraded its rating for software firm SQS (LON:SQS) to 'buy' from 'hold' and upped the target price to 260 pence, from 168 pence. Analyst Alex Jarvis said he saw the stock as significantly undervalued. "EBITA margins should reach 6 per cent in 2012 and will progress towards 10 per cent in the longer term," he said in a note to clients. He added that sentiment against European IT services had weighed on the firm's valuation. "However, SQS has consistently delivered growth at a multiple of the broader IT sector. The build-up of managed services contracts, now over 20 per cent of sales, is steadily changing the company’s quality of earnings and SQS’s margin potential could extend into low double digits." RESULTS NEXT WEEK!!! Expecting a moveup to £2.20.