Member Info for dasv

Hi bigted, well played. The buying continues on this one. I must admit I expected it to level off and wasn't expecting such a fast ascent to these levels.

This is one to sit on to realise value as it continues to expand organically and through acquisition. Chan - I know what you are saying and feel similarly. The only difference is that I like to dip in to opportunities with the odd T trade when I have time. When I have big open positions I do tend to watch the screens like a hawk though. Haven't had time for that recently.

Hi Chan, Also the announcement of the acquisition of a profitable wood chip business in Virginia for $2m is another positive. The sp needed a shot in the arm. Looks like it just got one.

A report by Mckinsey sheds doubt on whether there will actually be major cost benefit synergies with a merger between Alstom and Areva. This has prompted some to take profits today. It's been a great ride - 20% in a few weeks so who can blame them. I'm thinking of following suit.

Novartis clearly thinks it can make a lot of money out of ASA404 - globally there is a market for ASM's products (you no doubt have more knowledge than me about the NHS). But I understand your reasoning for not investing and I agree this is a gamble.

No mate I'm just an orange belt trying to earn my green belt: always reading and learning a lot and make plenty of mistakes. E.g. I was convinced SVS would ride out a property downturn better than most but it's currently down 44% from my last purchase in April. I also thought EZJ would bounce by now but it hasn't yet (no longer hold). However overall my portfolio is looking dramatically healthier than a month ago. I'm loving the action on IEC and MTA is also looking promising. With ASM it's a bit of a gamble - a volatile share like any research heavy biotech. The results could really pay off but with all of these kinds of shares you have to be prepared to sit looking at 50% paper losses before the rabbit is pulled out of the hat. One of the reasons I like it (like Centamin) is that it's ISA'ble which means tax free profits. The more profit I can keep away from the greedy hands of the tax man the better.

.... is Antisoma. I'm pleased to see some real buying strength on ASM. For a while this summer I started to lose faith but luckily took the weakness as an opportunity to average down. The speculation is that positive results on Prostate Cancer trials are expected end of October. That combined with a general market rally, a very strong cash position and a good looking chart bodes well for the next few months.

A lot of buying today. Might be worth another momentum play - but will leave it for today.Too busy to screenwatch.

I held these for a while but sold at around 190 I think (from memory). Just about broke even. I've been thinking the UK housing market has looked precarious for years but that OKD looked like good value. It's no doubt sentiment which is pricing it down, the problem I have with housebuilders is the light at the end of the tunnel is not yet visible and I won't be buying any until it is despite the remarkably low valuations presently available. I also like Persimmon but note it has continued to crash. My call on Savills didnt' work out to my favour either - my argument there was that Savills luxury residential operated on a different strata from the mainstream - luxury buyers don't need cheap credit. And Asian commercial and top end European commercial property would ride out a correction. But look at the sp crashed over 40% despite excellent interims. Nothing would impress the market in this sector at the moment. Worth hanging on to for a few years no doubt however.

Lucky I have more IEC than SFR then!

forecasts are as follows so I guess these analysts predict a weighting to h2. The acquisition in August should help this along.:- Date Rec Pre-tax EPS DPS Pre-tax EPS DPS W H Ireland Ltd 21/09/2007 BUY 40.5 139 70.0 46.6 160 80.6 ABN AMRO 20/09/2007 ADD 38.0 129 66.6 42.5 144 74.6 Altium Securities 06/09/2007 BUY 43.7 144 75.0 59.8 185 95.0 Landsbanki Securities 09/08/2007 BUY 42.5 146 81.0 50.0 171 95.2 intraday graph looks grim though. 2008-2010 as I write. Eesh.

Market is not happy. Is it the speculated impact of credit crunch on the macro-economy next year which is spooking everyone?

Hi chan, I also appreciated cynic's objectivity and input. If you are out there cynic, let us know!

LONDON (Thomson Financial) - Gaming VC Holdings SA reported a 26.8 pct jump in its first-half pretax profit, driven by cost reductions generated from the renegotiated Boss contract. The European online gaming provider posted a pretax profit of 8.5 mln eur for the six months to June 30, up from 6.7 mln a year earlier. Revenue rose to 22.0 mln eur from 21.21 mln in the same comparison. It has declared a dividend of 0.20 eur per share. It said its third-quarter trading volumes and margins are in line with the previous year's figures and expects enhanced profitability in future due to the renegotiated Boss contract and the termination of direct mail for customer recruitment. Gaming VC Holdings said its new sports book in Italy has witnessed a positive start. The company said it is confident of continued good cash generation from its core German business and profitable growth from other markets in the fourth quarter and beyond.

Although margins have improved and profits too markedly, revenues are up just 5%. Perhaps this is what has spurred some to take profits on SFR today - currently down 3%. I don't think there is much to worry about with their order book and sound management so will continue to hold.

Hi Chan, Yes, it's been a great run for the diversified miners. I'm hoping that some of it will rub off on the small caps and explorers in good time.

State sponsored merger with Areva is likely to be benefit Alstom shareholders. ALS has recently secured orders for Chinese nuclear power station turbines: "Alstom has won a 135 million Euro order from Chinese industrial group Dong Fang to supply 4 x 1000 MW-Class steam turbine-generator packages for the conventional island of a new nuclear power plant to be built at Hong Yan He, in Liaoning province, northern China." (I have these in my ISA - in my opinion a good way into emerging economy infrastructure esp power production)

Am already 23% up since buying BLT in end of August in my ISA (not bad for a company with a £39 billion market cap) and now this fantastic news. What a company. HONG KONG (MarketWatch) -- Mining giant BHP Billiton is expected to announce that it has uncovered what is potentially the largest gold resources in the world at its Olympic Dam mine in South Australia, reported the Herald Sun newspaper Monday, without citing a source. The announcement will be in the form of an update on BHP's (BHP:BHP Billiton Ltd News, chart, profile, more resources for copper, gold and uranium, and will be released as part of its annual report on Wednesday, according to the report. The Olympic Dam mine is the world's largest resource for uranium, and also has among the largest copper and silver deposits, it added.

This seems like pretty fair value to me at this price, so I'm not sure about the upside - potentially could be geared to a rise in line with the recovery of the PoNi. This share has been massively pumped and dumped before so be sure to lock in some profits (at least sell your initial equity) if it starts motoring again. Just my opinion though. Nickel price charts: http://www.kitcometals.com/charts/nickel_historical.html

Touché. I ended up selling this in March at a small loss: On further research I was doubtful of the ability of the company to make revenues commensurate with their market cap. It was and remains a great story though.