Member Info for CHEQUEMATE

Looking at ALU fundamentals, I notice how much of the criteria it meets using the Zulu Principle by Jim Slater. Applying that criteria to my research before I invest has led to my best performing shares over the last 3 years or so. I am increasing interested therefore. I have looked at the share price graph, which could be stronger. I prefer to see a graph rising steadily over a decent period. If I overlay it with the Bollinger Bands for up to 3 years, I notice that right now the share price is above the upper band. Generally the share price of any company will trade between the upper and lower bands and will fall back if it has risen above the upper band (as it has at present). Conversely, the share price will generally rise if it has fallen below the lower band. Neither case is guaranteed of course. What I am ideally looking for here is a rising share price overall (obviously) and to invest when the share price is not above the upper BB. So, on that basis, I may wait for the share price to fall back a tad. I have also compared the share price graph with one of my holdings, MSLH, same industry. Interesting. Although MSLH graph looks better, the ratio of mkt. cap to pretax profit and yield are better for ALU. Hmm. Regards CM

On my watch list. Interesting. Some good figures and positive comments in last results. Share price graph nothing to write home about though. Spread is a little larger than I would like. Nice, quiet board - usually an encouraging sign. And not least, PingPong1 is on here!. Hello PP1. Regards CM

Positive report in Daily Mail Midas financial section today, Sunday. Recommends a strong hold. May have a positive affect on share price tomorrow, Monday, although fall on Wall Street on Friday may negate much of it. CM

Because that is what shares do cmc_686. Likewise they will go up by whatever% for no (apparent) reason. This is in a trading range between 61p and 73p over the last 4-6 months, most of that time between 68p and 73p. If we look back a year and more to end Oct 13 - end Oct 14 the share price tracked between 47p and 53p, so the lack of movement with the share price of late is not unique. The increase in the share price since then equates to around 28%. I would be happy with that from any of my holdings over the course of a year. To want more would mean to invest(?) in higher risk shares with probably less chance of as good a return over the same time period. I think it is highly likely that once the next set of results are released that we will see INL head further North, nothing guaranteed of course. This is a slow burner; hopefully one to sleep easily with. Good luck all and regards CM

What "good authority" would that be Stoneybroke?. I am sure your intentions are good and well meant, but I have had experience from other boards in the past where a poster has desperately tried to ramp up a share by making out they have exclusive price sensitive information. I DO think this share is very different to the one in particular that comes to mind, in that it is not in a death spiral or on life support but nonetheless I would rather be cautiously optimistic. Results tomorrow will be interesting. Regards CM

3 times in the last 18 months the share price has risen to 360p. Twice the share price has then fallen back to around 260p. Is this to be the 3rd. time before it rises again?. Regards CM

Lets see if this link works: http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/media/11832765/Peppa-Pig-maker-Entertainment-One-explores-takeover-interest.html CM

Saturday news from the Telegraph: "Peppa Pig maker Entertainment One explores takeover interest: Entertainment One, the film and television company behind Peppa Pig, has been offered for sale to media giants including Sky and Vivendi as its investors seek to capitalise on strong global demand for content rights". I will see if I can find anything more. CM

Surprised? - I'm not!. From experience I have made mistakes in selling in the past, wish I hadn't and then done nothing about it but sit on the sidelines bemoaning the fact; usually watching the share price rise. Sometimes we have to acknowledge our mistakes and act quickly to rectify things. Good luck and regards CM

Re hold - £2 by year end!!. Steady on Pastyc!, lets not get carried away. Thats another 25% rise from here. Nice thought and it may happen, but it needs to have the basis for that sort of rise. Don't want the share price to get carried away without a support base. Nice and steady will do me thanks. Regards CM

I too have increased my holdings today at around the same price. I have held off for a little while, having already invested here twice, averaging up and then taking advantage (I hope) of the retrace over the last week. I have reread the last trading update and looked at the fundamentals. Thought it would be good to top up before the results come out next month with pre tax profits forecast to be ahead of market expectations. Time will tell. Slow burner maybe. Good luck all, regards CM

Yes, I have just seen how the DOW has turned. That is not good news. Had the FTSE opened lower I would have stayed on the sidelines. I gave it time to retrace from an opening but it didn't. With the positive action to the interest rate rise I thought I would re-invest especially after reading some comments to me last night on Stockopedia from someone who is far more experienced. Will now await topping up I think until we get a better idea of what will happen tomorrow. CM

oops...........pushed the buy button earlier today, re-investing here. Too hasty a decision yesterday. Not a huge holding. Think this one is probably one to buy and tuck away and not look at too often......although I often frown at that kind of thought process. We'll see. Regards CM

Don't know how REDD has ended up today on a years high after yesterdays mauling across the board. I had expected to see a further fall this morning before any sign of a recovery and so set a limit buy. Unlike my stop loss yesterday which I set too close to the opening price and therefore was executed, the limit buy didn't. So, I watched from the sidelines watching the share price tick up, then jump. Why?. Seems like most shares already in positive territory liked the Chinese cutting the interest rates. On that basis I had to make a decision as to what to do. Consequently I re-entered my position with REDD, although 1/2 of my previous holdings. In hindsight perhaps the right decision yesterday would have been to have bought and not sell, but like many I became anxious about seeing all my profit, or most of it disappear after building it up over months. Too many times in the past I have seen profits disappear and kick myself for not taking them. Pastyc - yes, think 160-165p is a distinct possibility. bccs - thanks for reminding me about the results due next week. I had forgotten about that. Just need to be careful to buy in for the dividend as most companies share price drops by that amount when they go ex divi. Good luck all. Lets hope todays rally won't prove to be a suckers one. What is happening in China really should not have any affect on the share price here, but the market is totally daft much of the time. Perhaps the market needed a shaking yesterday to make us think more seriously. Regards CM

Good post Josh. Not sure what time scale you have for the share breaking £1, but you may well be right. As stated yesterday, this was the only share I held onto during yesterdays rout. That has proved to be the better decision since all of my other holdings that I had have very largely recovered today. I really did NOT expect that after yesterdays hammering on Wall Street. I expected more downside, possibly quite considerable before there would be any rally. I would then have been looking to buy back in at a lower price. The gamble, if that is what it was didn't pay off. So, today I have re-entered the market with reduced holdings from before in most of my other holdings. May sound illogical, but it was a sound decision at the time to preserve my capital and profits. The question remains will the market settle down again or, as seems likely, will there be more volatility?. As for INL, well, I tried topping up this afternoon, but discovered that I hadn't bought in and must have been timed out. I will try again tomorrow. Despite my experience of investing over what must be now 20 years, I still make mistakes. Sometimes I wonder if I will ever learn. However, we have to make what we think is the right decision at the time. Sounds like you have more courage than me Josh regarding yesterday, well done. Lets hope for more settle times immediately ahead. Regards CM

Well, compared to many, many shares, the fall back with GBG has been pretty mild today. Long may it remain so. More downside to come generally I fear. Good luck and regards CM

Try not to beat yourself up Ben. I fully understand your situation and have been there myself on a number of occasions. You have to do what you feel is right at the time. Preserving SOME capital is better than not having any TO preserve. It is always difficult if not impossible to know if we have made the right decision to buy and even more so to sell; selling is always far harder. We are scared that we will make the wrong decision by selling, expecting the share price to rise as soon as we push the sell button. Part of us wants to hold onto the share, its called getting emotionally attached - just about the worst thing we can do as an investor. When we sell, often we want the share to fall back further to justify our decision, looking for that magic moment to buy back in and make more money or regain our losses. That is always a difficult call. Somehow we have to make a decision which we are most at ease about. Today I sold out of all my shares APART from INL. Why?, well, I feel that just under the surface there is a lot of promise for this to go quite a bit higher. However, the market isn't interested in such things right now, so there may well be more downside yet. It may be that I do sell out tomorrow and take my losses (a few days ago it was profit). In which case I will certainly be looking to buy back in once the storm has passed; whenever that will be. Not sure what China can pull out of the hat. Of course the market is over re-acting. What is happening in China should not affect INL but when indices such as the DOW and the FTSE have a great deal of resource and mining shares in their index then this will have a greater affect than it really should, which tends then to spook investors. Another reason for the fall today is due to the number of investors who have invested on margin. When the share falls back far enough they are asked to put more money up to cover their investment. Many can't do this so are forced to sell, leading to more selling pressure taking the share price lower........and so on. Whatever anyone chooses to do, I wish you all the best. CM

Sorry to say that I sold out today. Despite the fact that you would think that China could not possibly affect this share, the fact is it CAN, its called market sentiment On days like this there is nowhere to hide, everyone gets hit. The thing is what to do about it. I chose to sell and take some little profit rather than possibly none at all. Folk sometimes throw their hands up in the air and say it's too late now to sell out rather than take it on the chin and preserve what capital they have. The market is absolute nuts right now. There is no justice. Someone elsewhere on another board where I have also sold out has quoted Warren Buffet "be fearful when others are greedy and greedy when others are fearful" to justify buying more shares. All very well and good, at the RIGHT time. This may be a little early in the cycle to buy anything right now. I may very well be back in here but will wait until the climate is better. That may be sooner or it may be later. The best of luck to all of you in all your investments. Regards CM

With the mkts in turmoil I decided to take profits today. I put a stop loss on which executed a little lower than intended. Will keep my eye on this to await better times. Also out of some other holdings. Key today will be how Wall Street reacts. It may rally a little, fall a little further or take another dive. If the former then things may look a little brighter for a while. If not then buying opportunities may arise. Good luck CM

Agree with your comments. Not able to set stop loss for ETO so sold out sub 300, very disappointing. Await mkt developments. Have sold some other holdings too. Good luck. CM