Member Info for Davius

SP was 131.5p when this company was first mentioned, now at 196p. A 49% is a good rise but 19 months is a long time for a prediction to come good, and the SP was 120p 12 months after the first posting.

Sorry, correction, my VOD punt is a T10. The T20 price was nearly 1p higher.

'Fraid so, but at least there's a bit of activity today. This one is definitely a gamble, a good update before the end of April and I'll be a happy bunny. No or bad news and I won't. Most of my other stocks are doing well though, particularly TAN (as ever), and I have a couple of T20 punts doing OK, one on HMV and one on VOD.

Well, you can only buy and hold if you have the money available. I have bought, and held, and they're doing very nicely thank you. But I see no problem in a speculative punt as well if I think they are going higher.

Hehe, I'm chairman of the local wheelchair sports club, we just had an evening of wheelchair basketball and the launch of an awards for all grant, so just catching up before heading in to watch a recorded 'Greys Anatomy'. A good evening all in all, and a good day with both LNG and TAN doing well. I now have rather more exposure to LNG than I'd normally go for, but I'm reasonably happy, and if it does continue to rise I might just stay put and take the hit on a couple of the realy crappy shares I've convinced myself to hang on to until they come good. Roll on the morning.

That was a big trade, not delayed and only just after the close. At that price it has to be a buy and suggests a good start tomorrow. There was very little selling pressure today but the market makers kept the price down, no doubt in case the T10s bailed, but it didn't happen. I also have to admit to buying more shares today, another decent chunk at 22.25p, this time on a T20. I'll be haning on to my original shares (almost double the number bought today, same amount of money but at close to half the price) as I have the funds available. Not sure about this second lot though, if we perform well by the end of April I'll reappraise then. Average buy price is 15.23p, I'd be very disappointed to see the SP back down to that level. I'm looking for a rise above 25p and perhaps even pushing 30p by late April.

Perhaps some better news for TRX shareholders. Still suspended of course, but trading screen now shows as 'Bid Situation': Torex Retail PLC 3 April 2007 Torex Retail PLC ("Torex" or "the Group") Disclosure in accordance with Rule 2.10 of the City Code This announcement is being made further to that issued by Torex on 30 March 2007 relating to its appointment of Jefferies International Limited to advise it on a range of strategic options including the possible sale of the Group. In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, Torex confirms that it has the following relevant securities in issue: - 414,825,509 ordinary shares of 1 pence each under the ISIN code GB 0034291632 - 5.5% sterling denominated convertible bonds due 2011 amounting to #65 million, which are convertible into fully paid preference shares in the capital of Torex Retail (Jersey) Limited and are then exchangeable into up to 75,581,395 fully paid ordinary shares of Torex (based on the initial exchange price of #0.86 pence per ordinary share) under the ISIN code XS 0259948254

Today was the last day to sell the T10s bought on results day, a small sell off this afternoon brought the price off the top but there were no large quantities of shares being dropped, in fact to the close we had some buyers taking advantage of the drop to 21.75-22.25p. Overall we finished well with 1.39m buys against 0.63m sells. A very creditable performance, I remain confident that 25-30p is achievable fairly soon.

2007 started very well, turnover up 101%, Net win up 98% and Gross Profit up 108% for the first 11 weeks of the year. If these figures are expanded to the rest of the year that would result in a gross profit of $14.6m or about £7.7m. Assuming no more restructuring costs or impairment charges and roughly the same admin costs as for 2006 that would leave an operating profit of £3-£4m with an EPS of 2.8-3.8p. The market cap is currently £16.43m at 23.0p. If we take the mid EPS of 3.2p as a realistic expectation then a forward P/E of 15 would mean a share price of 48p. However, my figures are higher than concensus broker estimates, which are more conservative. They suggest an EPS of 2.14p (15 P/E target 32.1p) for 2007 and 4.594p (15 P/E target of 68.9p) for 2008. So my assessment is yes, they should reach 30p without too much effort and ought to double from there over the next year or so.

Absolutely no stopping LNG this morning, tick up, very light selling then the buyers are back and on it goes. 6th in the top 30 risers, up to 23.25-23.5p, 570K buys against 124K sells. A solid breakout above 20p and heading towards that 25p target. My sub 20p top up looks to be well gone and now at a 101% rise and unbelievably still in the account (last day to sell is today). I will however, be hanging on to these, I feel strongly that 25p will come and go and 30p is a lot closer than I thought yesterday. Sorry, make that 23.5-23.75p and 592K buys :)

I'd finished off nearly all of my account trades over the last week (3 up, 2 down, net profit at least) so have opened 3 T20s today. I checked all of them before committing and paid the same price under the TDW web site as was being offered via ProQuote, so certainly today there has been no surcharge for the T20s. I paid 11.45p on CHP, on a spread of 11.0-11.75p, so a decent enough price I think. Needs to be closed on the 30th April (longer because of Easter) which seems reasonable amount time to see some movement. Might be a chance to turnaround my losses overall on oils, or might just exacerbate them. Ask me in again 4 weeks :)

Well that's a possible, but of course any account trade depends on the share price ending higher than it started, and despite the likes of LNG and TAN performing well this can be risky, as you point out. I'm happy to let my (relatively) small investment sit on LNG for the time being, I think we should defitely see the mid 20s fairly soon and would hope that 30p is feasible within the next couple of months (if not earlier). Also, TDW has upgraded to T20 (but not on ProQuote, dunno why that is) and so far my T20 trades have not been any more expensive than the T10s. Further retraction to sub 20p may tempt me into a T20 punt. Otherwise, I'm looking forward to my first outright 100% increase and beyond...

Have taken my first T20 punt on CHP, I'm looking for some drilling news on Primavera and a rise in the SP to above 13p in that time. This is my first punt on CHP, having had mixed results on GOO, VOD, EME, SEY, IEC and FEP in the past. Overall I'm showing a loss of 1047.16 on oil stocks since my first punt in September 06. Not a sector I've had sucesss with overall then, but I'm hopeful this time.

Another big jump in the SP today, market cap is now £2.9m (at 7.75p). Operating profit jumped to £0.567m, although profit for the year was a less impressive £0.298m. Personally I'll be going no where near this company. They have net liabilities of £1.77m and a profit and loss account standing at a loss of £10.557m. Great if you were in last week at 2.25p, but they have an awefully long way to go to clear the profit and loss account. SP already way off todays high.

I bought entirely on the back of the results at 11.45p on the 22nd March. They have to be sold by tomorrow to close the account trade, and a 73% gain after costs (at 20p) is certainly tempting. However, having exited ULT at a profit last week I'm inclined to let LNG ride. They seem to have found support around the 18-20p level so I'd be very surprised to see a retraction back to below 16p and the upside remains significant. A bit would likely see them at 30p+ and longer term (18 months to 2 years) I could see them get to 40-50p on earnings alone. It's always great to take that profit and see the bottom line of your portolio in the blue, but I'd be kicking myself if I'd sold out of TAN (up nicely again today) and the same may well be true for LNG. If we see a bid short term I'll probably exit, but otherwise I can see this being a 3 or 4 bagger for me some time next year.

Plenty of support for LNG this morning. I was a bit cynical about all the talk of big rises in gaming stocks today since the WTO announcement was Friday afternoon, early enough to give the markets time to absorb the news and react accordingly. However, plenty of weekend press has rekindled interest and buyers have returned in numbers. A little profit taking has seen LNG drop off slightly, but still up at 20.5-21.0p and in the top 30 risers today once again.

At 58-59p I thought this had bottomed and thought I'd speculate on a modest rise. But TDW kept erroring when I tried to place a buy, happened about 5 times so I gave up and cancelled. Fortuitous decision as the SP has continued to decline and is now at 53-55p. I'm riding my luck and staying out ;)

Glad to hear I'm not alone, but a long way to go for me to be making money yet. If you could buy perhaps 10m shares that might help a bit?

Well the MM shakeout didn't do much, it attracted a few sellers but ultimately just brought the buyers back in, SP at 19.5-20.25p and LNG still at number 10 in todays top risers. I'd like to see a close above 20p today to keep me content, but I still think they have more upside potential and remain worth hanging on to.

224K buys and no sells in the first 45 minutes. More rumours of a potential bid circulating perhaps? SP now up to 19.25-19.5p. Could be a good day to hold LNG...