Member Info for Davius

Morning steve, you have your target price! Selling yet? I have a small long, staying with it for now...

Bought a small number at around 44p and sold around 47p. In too late and out too soon but at least it was a profit.

An order for 250K shares at 43p just appeared, and the SP has moved up to 44-45p now. L2 showing buy volume of 617K and sell volume of 62K.

Floated in May at 137p, they didn't take long to drop sliding slowly to 104.5p on the 19th September. The interims show a very good performance, revenue up 176% and profits up 402% taking into account aquisitions. The fall today on an indication of full year figures below expectations hides the potential of a promising future though. Probably one to keep an eye on. "Property Lettings have continued a steady upward trend since the half year. Our New Property Sales have performed in line with expectations and we have a strong pipeline. Financial Services have been bolstered by the recent acquisitions of Financium and Geldshop.nl but the increase in interest rates has had an adverse effect on new mortgage advances. This, together with certain operational difficulties within Financial Services, means that our trading revenues for the Group will be below market expectations for the current year. We are confident in the longer term prospects for the Group, which remain strong. We continue to review a number of acquisitions and anticipate announcing a significant acquisition shortly."

Closed at 402.5p, not worth the bother this time round. I thought it would drop back to sub 390p but level 2 has been improving since it hit 399p, now buy volume almost back to sell volume, SP up to 405-405.5p

I think that the fall is probably well overdone, 28% off the value of this company today, but that doesn't mean they won't fall further before any rebound. The SP fall stopped around 420p before recovering to nearly 440p, then headed down again, coming off 376p and touching 410p. Now at 399p it's not clear whether the next move is up or down, level 2 showing buy volume of 607K and sell volume of 873K. Probably a good buy and hold for recovery I'd have thought, but for now my short remains open. Will close on a rise above 402p though.

This is setting my nerves on edge, have taken out a small short at 406p as it looks like it might be heading back down. Buy volume 560K, sell volume 1m.

Just couldn't buy, should have used my cfd account, back over 410p now. But there we go.

Posts crossed there. Think I may be too late to short.

Now down 32% and still showing no signs of a bounce, wonder if I should take out a short position or is this nearing the bottom yet...

Just like the Titanic, waiting here, have tried a couple of buys around 384p but no joy, TDW just keeps erroring. Level 2 still horrendous so really I should stay out, testing 380p now.

Dropped below 400p, brief bounce back, L2 showing buy voluem 123K, sell volume 1m, avoid for now I'd say, wait for the next bounce, 392-393p...

I'm hanging fire for now, 413p and level 2 remains weak, not sure how much of a fall is left but another 15p would wipe out any gains, will review if they drop below 400p I think.

Will be looking for another buy in below 420p if possible. Name of the game on this one today is take that small quick profit, regularly if you can...

I bought earlier (08:24) hence the lower price. Now 437p or so. I use TD Waterhouse.

Each morning around open I check out the fallers, research any that look interesting and watch the SP, trade by trade. Just a guess when they may have bottomed out. I don't risk much on them though, 700 shares in this case. Probably won't hold beyond today.

Trading update was pretty much a profits warning, but the plunge in the share price appears excessive. In for a punt at 421.5p this morning.

Arbuthnotesecurities: LNG.L / 9.75p / £8.28m / TP: 35p Event: Results issued Likely % change in earnings forecasts: No Change Leisure & Gaming's interim results show a PBT loss for the period of EUR1.5m, in line with expectations after poor sports margins in May and June, despite a 75% growth in turnover. So far during Q3, top-line has been flat and margins remain difficult, albeit in a quiet period. L&G therefore requires a strong Q4 to make our profit estimate of EUR1.9m for the year. This is possible, but a stretch, and demonstrates the inherent volatility of the Italian sportsbetting market (with lookthrough to Ladbrokes, William Hill, Sportingbet as well as 888 and Gaming VC). Despite the difficult trading, L&G is now in an exclusive offer period with CGTV, a Dublin-based slots and games content provider. While this may or may not lead to an offer, it does underpin our belief in the value of L&G's c.1,000 outlet Italian market presence. We therefore reiterate our Strong Buy recommendation.

The interims show a loss of 1.71m but include a fairly upbeat review. SP has been marked up by the MMs but virtually no trades in response yet. I think holders consider this to be insufficient reason to sell (we're still awaiting the award of a service contract) and speculators can't see enough news to justify buying just yet. The issue with this share is that if we do get the SC the price is expected to leap big time, so anyone not in before the announcement would miss out on the initial surge. Reasonably content to continue to hold for now.

Results out today show a loss (as expected) following the champions league results in May. However they've also had an indicative offer from CGTV Games Limited of at least 13p per share.