Member Info for dasv

RNS out; CEO is stepping down H1 revenues 20% up. I think this is not bad going considering the macro economnic conditions this summer. Expansion of stores into Dubai, Bahrain and Moscow (and even Kazakhstan) is a good growth strategy for this upmarket jeweller. Plenty of oil money looking for a home ;)

absolutely steve. That's the way to go. The adage from the great film and play "Glengary Glen Ross" stands: "Always be closing" - except with a TDW T-trade it has a different connotation: "Always be closing at a profit - even if it's small". Not that I am much good at it. I think Davius is though.

I'll just dust off my crystal ball and have a look ;). If I could predict the next 24 hours, you think I would have had a stop loss at all? Honestly no idea about next 24 hours - sorry. Davius's approach of having a target I think is the right approach. With SOLA the chances are you can buy in again cheaper on the dips after taking profit so you get a few goes at it. There are question marks over the lucidity of management reporting from SOLA and remember they had what amounts to a profit warning recently. It is also a target for shorters (witness our friend Binary below). So it will be a bumpy ride no doubt with much opportunity for momentum trading long and short.

well done steve - it's a really volatile share for its market cap which makes it a great swing trading vehicle. But you have to get your timing right, and I didn't on the last trade... Only lost a few hundred, but it's still annoying ;). FWIW level 2 looks good on the buy side for now - the next limit sell is at 348 only MM's below that.

stop triggered at 285 yesterday and now its 312.5-315 24 hours later. I don't believe in MM conspiracy theories but I feel like I've been had here.

where does that leave FOGL then - out in the cold with the penguins or will they clean up too?

Hi chan, I am very happy with the market's reaction to this. I thought MKM would be a real sleeper and another test of nerves. Just hoping it can hold onto this rise. I've had a great day (partly cos it started very badly with a stop triggered on SOLA). This coupled with a 20% rise on RGM and a breakout on DGO, is the icing on the cake :). Did you buy any MKM in the end? (I only have £1500 invested on these).

funny how yesterday UBS cut the global mining sector to "neutral" from overweight, and today they hiked BHP Billiton's target to 2250, and Xstrata's to 4000p from 3800 and re-iterated buy retaings on Rio (target 5000p). I don't get yesterday's downgrade - are they saying the middleweights and juniors will suffer at the expense of the heavies? Don't see it myself.

MKM have bought another marketing agency, Promodus for £650k. Some directorial changes too.

It's a good company. The question mark is over speed of growth really. The acquisition of Fisher should help revenues, whilst there are some promising prospects for major orders - e.g. crossrail and the olympics. On the downside UBS downgraded the construction sector - for which Severfield is a specialist contractor. I hold a few in my ISA and I'm currently a few percent down. For what it's worth, I personally think yes, these are a good buy.

This explains the rise in DGO today.

Looking at today's trading - I would let it run a bit more if I were you. Set a trailing stop if you are feeling jumpy. I understand Turkmenistan is being "de-risked" and with a PE still only of 10.3 and good growth prospects, DGO looks very promising - not that I am exactly an expert in oilies ;)

Hi Hotsherbert, yes indeed. That's why I like SOlA as a t-trade share. It tends to move in big swings. Up till now this year I've managed to time it well enough to make decent profits but I am more than 100% invested right now so want to avoid T trading without stops. My T10 on DGO seems to be doing a little better today than my T trade on SOLA ;)

yes level 2 looked very weak at open. Unfortunately my stop got triggered on the way down. You win some you lose some.

Yes - but the drop was not dramatic especially considering the rating of STAN - the pe is 19! - which shows the growth expected out of China. STAN were criticised in February for taking a very aggressive approach to asian expansion. Looks like it's working out. The trouble is at these levels I think they are fairly priced - this is getting to the levels were I last sold for profit back in June (1680p).

4 for 1 split after EGM to make shares more "attractive" to investors. I've never understood this pyschology: Euro shares in large caps are typically priced much higher than £21. Alstom is £104 or so at the moment ;).

Interims start well enough... but quickly there is talk of the need for future redundancies so clearly the IVA boom is over and was short-lived. I sold three quarters of my shares on the bad news from debtmatters and will tuck them in a drawer for the long term. Panorama programme last night confirms my fears that debt will continue to be a "growth" industry for the UK.

posted this before, but ABN amro's analysis points out similarities with US property/mortgage market http://tinyurl.com/37wvjg. The agents might be trying to kid us its different here but the UK has a lot in common with the US: consumer spending reliant economy, up to the eyeballs in debt, Recession staved off with injections of easy credit into the money supply, massive asset boom in property where rents have not kept pace with rise in house prices. I keep being told how great Gordon Brown has been with macro economic decisions, but I don't see it. inflated house prices and the perception of being wealthly it engenders despite higher levels of debt is not a good thing. The only thing is, hasn't all this been priced in already into both property sector stocks (down 40%+ this year) and the high street lenders?

Watch out for prelims from DETS out tomorrow.

With respect to SEG the decision seems to come down to whether you believe the take-over rumours are true or not. If they are true then there is potentially 30-50% to be made here. If they are not, the sp will fall. Personally in terms of software oriented companies for investment I like web oriented businesses more than gaming mainly because I understand web business models more clearly and I like the potentially huge profit margins pure-play web businesses can generate. At one point ebay's profit margin was over 80%. The company I work for has a superb profit margin - the product we supply is real estate space in a database that costs us nothing but gives the customer real value.