Member Info for cynic

Unless suffering from senile delusions, which is far from impossible, I am pretty certain I saw a comment on this in this morning's Right-wing Gazette (aka Daily Telegraph)

Not I ..... Though i have not checked it out, I suspect most if not all of the potential premium is already buolt in.

I have no idea who "shareguru" is or even if he is as successful as his posts indicate ...... Merely a slightly cynical comment from the cynic! ...... However, with world and especially Far East economies looking strong for the coming year, the already heavy demand for stainless steel is likely to increase ..... Molybdenum is a key trace element in s/s production and Galahad, if i have read correctly, is more of a moly than a gold producer ...... No need to say more. In a similar vein, gold, silver and paladium are also strongly tipped for 2006 ...... Quite how one gets a position in paladium I do not know, but for those who dabble in these things, IG Index run CFDs in gold and silver.

Potential or even probable take-over target

"Evil Knievel" reckons to short this stock heavily ..... Though the concept is excellent, it looks as thought this company is struggling, though perhaps not as badly as BFC which i suggest you check out.

Looking at the trades today, this is all one-way traffic - all downhill! ..... Would prefer to sell into a decent rally, but if one doesn't materialise within the first few days of NY, I may chance my arm (again) anyway ...... Will also post this on the BFC site.

Thanks for your thoughts ..... I bought CER at 215p and intend just to sit on them until all is resolved ...... which I suspect in will be within my lifetime!

No ... I shall sell on a bid, but I am pretty comfortable that it will happen though not at some of the silly and fanciful prices that have been bandied about by some.

asks Tim why he should not believe the recorded share transaction? ...... Actually, not too fussed even if it was a sale as am very comfortable with my current long position.

Look again and you will see that the trade of 750k was a SELL!

I actually like Pipex as a compnmay though i have never followed theri shares. However, I note for whatever it is worth that today's volume was 5x the norm at 45 million, though the trading must have been very balanced judging by the lack of price movement.

Also ..... Note some large blocks totalling 850k being bought today around 15h00, though of course that could be short closing.

Hull have already sold (or will sell imminently) their 30% holding thus, so the logic goes, opening the door to the already-mooted bid ... AFX Newsdesk 9/12

I don't think BFC have the luxury of time to play cute ...... Unless I have misread, it looks very much to me as if Barclays have had enough and merely gave BFC a small breathing space to find a white knight ..... This saviour has clearly not materialised.

D1 Oils pulled out very quickly indeed which (a) indicated a can of worms and (b) suggests that D1 reckon they will be able to pick up the pieces for peanuts from the receiver. While BFC's concept may be "the way of the future" they clearly lack something, not least of which looks to be the confidence of Barclays who clearly percieve the company as something of a financial black hole. How is the share price even maintaining the level it is? ..... Must be magic ior illusory!

Don't disagree ..... have bought a relatively modestly number .... not sure whether to be a little greedier!

Neither dean@freeserve.co.uk nor deanhunt@freeserve.co.uk seem to be valid addresses ..... Plese revert

I would probably have bailed out and found something more exciting on which to lose money! .... lol!! GOLD Have commented on this before, and confess I have got my timing a bit wrong as shorted at about $520....... However, there was an interesting comment in today's Telegraph that a very sharp correction is probably certain unless present levels are maintained .... I would guess that means above $525.

Deano ..... Don't know where you get your strong support to 85p from ...... Perhaps wishful thinking as if you have been in this stock since 2001, you must be nursing a massive loss! That apart, I thoroughly agree that a bid now looks a pretty strong bet, albeit a month after you mooted the idea ...... Counter bid up to £1.50? ..... Well one can live in hope, but I wouldn't want to hold my breath.

Thanks for the pointer .... Yes I agree and have acted accordingly. BFC Despite the order, the shares are still down on the day. Momentarily for a couple of smallish trades the price was down a further 4p or thereabouts. I shall stay short at least for time being.