Member Info for Davius

MOB shareholders have had a pretty dismal time since the company agreed to let ZED buy just over half the company in new shares back in February. MOB sounds like it has been doing quite well since then, but the shares have performed poorly and turnover has been low. Very early this morning a poster on ADVFN mentioned a conversation with an employee of MOB in which he was told that "the company is doing very well and that they have a lot of good news to announce soon." Of course there's no way to be sure that this comment has caused the interest today, but something seems to have brought both buyers and sellers back and the SP up to 38.0-38.75p. After my disasterous loss in February, I finally decided to give them another chance on the 26th April, at 35.25p. At the moment that looks to have been a good decision, but on the basis of a single decent day it's a bit early to finally say if the SP has turned the corner. But well worth a small punt I think.

I was reminded of AKI too (SP now 8.25-8.5p!) but RVA is a very different beast with profits, a dividend and decent prospect. No smoke with at least a little fire though, someone needed to offload their shares and had a reason that justified them selling at such a discount. Plenty of buying at 84/85p this morning but although I considered investing as a possible recovery, I have decided to sit this one out.

I presume that no one here was on this particular bike when it decided to jump 50% this morning then? :) Someone bought 3K shares yesterday, a very small punt at 8p but certainly profitable in percentage terms if they'd sold at 11p this morning. The 5 sellers from Monday must be kicking themselves though :(

A delayed trade of 2.274m shares at 80p yesterday (when the SP was 102-115p) has brought RVA down to 80-84p today. The SP was up over 230p when this was first mentioned on the board, they make a profit, pay a dividend, have good prospects and are growing rapidly. A cursory look tells me these shares are too cheap...

And bounce it has. I thought about a very small punt on this, but had blown my limit with TDW when trying to buy, lol. From 180p now back to 220p.

A big hit in Games Workshop likely this morning following a profit warning and news that it is to close 35 loss making shops.

My plan is to pay off my mortgage early when TAN hits 300p and if LNG get to 40p then likewise. If they both hit those targets in 2008/09, then a new car and VERY expensive holiday too :) I don't think we can expect too much short term of course, but LNG has had the odd suggestion that it might fit in well with one of the larger gambling firms. A bid of say 35p+ would certainly make my day/week/month/year.

Don't know how it helps you, but those are my top two investment shares too. Bought another slice of LNG today, my first buy was on the results so average is now 16.6p but have ditched some old "they're bound to recover long term" type losers to increase my stake here. I certainly think that they should be above 30p in the next few months.

Says the peformance of the sector has been lacklustre this year - so much so that a $17 dollar a barrel appreciation in the crude price in recent weeks has largely gone unnoticed. It is the likes of Imperial Energy’s scrapes in Russia that have drawn the headlines, compounded by the collapse of the oil price. However, broker has made its picks, although it admits there are no all-out bargains. ‘Most of the companies are undertaking drilling and development campaigns that could add significant upside,’ it says. ‘Based upon our analysis, these programmes have the potential to add 44% to our NAVs.’ It sees ‘greatest upside’ in three companies - SOCO International (Buy), Tullow Oil (Overweight) and Imperial Energy (Buy).

We did good so far this weeks it's true, but getting hammered this morning, lots of selling and at 7 in the worst performers list, down to 18-18.75p.

Twice the bid went to 19.75p and twice a seller brought it back down again. However, the last tick up seems to have stabilised the price, despite some sells showing (a couple look more like buys though). Now showing 19.75-20.25p.

Released just before the close yesterday, OppenheimerFunds announced a 3.47% stake in IEC. Still no news on the switch to the main market, odd that the company have no announced that it has been delayed or is going ahead. I still rate these as a buy with a target between £13 and £14.

Long shot, but a recovery in PRTY perhaps which took a beating yesterday afternoon...

The Times comments on 888s assurance that it will move into betting shops by the end of the year, either through aquisition or a joint venture. Another possible bidder for LNG? Personally I've not been convinced that LNG will become a takeover target, I think that the improved performance will continue and in a year or so they'll get rerated by a convinced market. However, there's little doubt that some consolidation is likely in the online gaming sector so LNG could get swept up in this.

Tempus in the Times thinks Sulzer may yet come back with an offer and rates BOY as a buy.

http://www.ft.com/cms/s/f33a0212-f77f-11db-86b0-000b5df10621.html Some speculation on advfn that Gala Coral could be interested in bidding for LNG, because they plan to expand in Italy...

Hmm, well if you look back at the bid for HMV which was 210p and the company rejected it, the bidder walked away. HMV fell signinicantly then, and after profits warnings since it is now 114p, so nothing is guaranteed. BOY isn't in the same position as HMV but if Sulzer is the only suitor then there's little to keep the SP up for the time being. However if 280p is a target buy price that looks sensible enough.

Sulzer appear to be walking away, so still a tricky call. They could drop back much further if there's no other company interested.

Press speculation often results in buying, but the Telegraph was hardly recommending you put the shirt off your back on LNG: "For the brave of heart, who are willing to take a punt, it could be worth a look. Speculative buy." The results from 888 have buoyed the whole sector and today will be rollover day for any T25 trader that came in on results day. I would think today’s buyers have been attracted by a combination of factors. Throwing abuse at each other isn't offering any insight when considering where the shares might go in the coming weeks. Personally I will be remaining long on LNG for the rest of the year and quite probably beyond.

Getting close to the time I needed to close the account trade, so sold at the bell on Friday at 83.75p. Probably the most volatile account trade I've ever had, at one point up 20%, then dropped back so far it was down 3% before finishing off up 13.6%. I have no long term funds spare, otherwise would stay with SMC as I'm sure they've turned the corner and will move ahead to a sensible valuation over time (somewhere above 100p in the coming months I would think).