Member Info for mark-expat

... some of these transactions get confused in the void of electronic transactions. Equally , some transactions may not be notified to the exchanges as the brokers may hold and manipulate. L2 would identify a little clearer , but it is a frequent question. The important thing is that you got the shares at the price you expected to pay.

... the tweedy interest was a sell. If you click on the link and then go to 8. it states situation before and after. In this case they held 26.2m shares and they simply state that after the transaction it fell below a 3% holding. http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20090115:RnsO7416L

interesting line of business you are in , worthy of keeping under your hat but would welcome a heads up should anything 'slip through your hands'. I can help you on some of the technical jargon if needed. INM are flying , just come off their intraday high of 23.69% gain on the day. Will try to give some depth to my understanding of INM and recent events later today , gl indeed.

me thinks so , can't see anything obvious to pull it back up , maybe sentiment and a strong persistent rally , but can't see that either and should it come along , there will be time to review , gl

.... not one I have followed but there is usually no smoke without fire so will look into INM a little more today. I also found this which could explain some of the uplift too. Will look into some of the fundamentals and try to get a feel for the share and post later , nice find! http://www.inmplc.com/news/uploads/INM_Market_Update_26-01-09_FINAL_VERSION.pdf

I agree , keep a watch on these. The downside , as you pointed out , is that they are all about industrials and if there is no growth , then they will continue to be punished. I clipped this ' Shares in industrial coatings supplier Cookson fell 6¾p to 97¼p. Word is a line of stock may be overhanging the market amid fears Cookson will struggle throughout a recession'.The group no longer expected to meet full-year targets following cuts to steel production by its clients. Dresdner Kleinwort rates the shares a hold but has slashed its target from 650p to 150p. Citigroup continues to rate the shares a buy but has dropped its target from 615p to 275p. http://www.telegraph.co.uk/finance/markets/questor/3147937/Cling-on-to-Cookson.html - It has a market cap of c.£200m with net assets of c.£800m , yes likely more downside risk but I would have thought that at 70-80 the upside should be considerable in any recovery. There is still a dividend to work with which , thus far , looks safe. Also currently makes as much profit as its market capitalisation... worthy of keeping a close eye on.

... great recovery performance.

I started the same into Punch at the end of the summer , have cashed in on the way down and have a remaining short left in out of some of the profits. The SP can move around at these levels but whether it has found the bottom of the glass yet is anybodies guess. I think that the business model is flawed in the current climate as less and less pubs are in demand. They have significant debt and other pub operators are simply trying to get the best out of their existing portfolio so taking on other outlets would only be at distressed levels at best , imo. Sorry to see that you are still getting hassel from a few posters. I think you have got your message over on the JJB BB , maybe best leave it for others to find out the hard way? I get the same hassels from time to time , but hey thats the nature of some people , especialy if you are not barking at the same tree.

http://news.bbc.co.uk/2/hi/business/7852695.stm

http://business.timesonline.co.uk/tol/business/industry_sectors/need_to_know/article5594841.ece

Overal Beer Sales fell by 8.3 per cent in the final quarter of 2008, putting a further big dent in the Treasury’s duty revenues, according to new figures from the British Beer & Pub Association. Beer sales through pubs, bars and restaurants fell 9.9 per cent. I was looking over a Punch Taverns tennancy agreement and accounts for a management ran pub in the South of England last week. I offered them £1 for the leasehold and half the rent they were asking. They were not pleased , but equally have not been able to shift it for more than a while so why should anyone else take the risk in a massively declining market? Yes Punch have a swing to be traded , but with the debt they are carrying and a pub closing what , every 4 hours is it , and an asbo issued if you drink more than 1/2 pint , don't think that they are going anywhere fast aside from last orders.

I thought BA in the 180's as I thought it was a bit strong and more to do with the 'possible' advantages of tying up a majority deal with the likes of Iberia. Now Iberia is worth more than BA ? and the pensions issues will soon to be revalued ?. I went short in the 180's and with the latest news that BA will make a loss will continue to hold position. This may well change direction on positive news , but I cannot see anything positive coming out of BA's camp for a while , but we shall see , in the interim , I see this possibly hitting close to the 100 mark , gl.

it was some 12 years ago after all!! I've got some stuff stashed on this , will post later.

You might have already read this http://uscms.fnal.gov/uscms/announce/us_cern/US_LHC_Participation.pdf

.. thanks for the link , indeed , continued strength. I applied the same tactics to Barclays and Lloyds and was very pleased indeed. Just in case you have not looked into spread betting , just a reminder that profits are tax free , I am not sure how you trade so I thought I would mention it , gl , mark.

.... so who could be stake building in ALKB? http://www.rte.ie/business/2009/0123/presswatch.html

.... well no signs of backing off yet , just goes to show the true colours of most investors in the marketplace at the moment .... shorted this one nicely as advised when the panic of full scale nationalisation came on the scene and rode it back up. My Barclays short just closed out with an automatic buy at 48 , so hopefully the same will happen their... already in profit going back up .... if you can afford the risk and like the stress , what more could you ask for , it has been a great trading week.

may have just reached its intraday high , we shall see .. might well be a profit take , nice to catch any downward spin if there is as it tends to be quite a deep take..

The Irish economy is not looked upon as being as well managed in its downturn as could otherwise have been ( mind you , who is managing any country well) . The fear of nationalisation of ALBK and Bank of Ireland , as with some of the UK banks , remains a possibility. However , what I would say in ALBK's defence is that they have good solid assets that can be disposed of for good monies and this is clearly being recognised in their recent recovery. I think that Irish bank directors have historically not given much confidence as they seem to just pop down to the vault and grab some cash every time they want to do anything , so , although Ireland have promised tighter regulation ; ie. taking the keys for the vaults away from banking directors , there remains fragile confidence so would see the trading range to 75 as current.. it would of coarse be nice to see them go higher but until Obhama gets his "yes we can" message properly on the NYSE trading floor , I would expect continued swings which is great if you are able to short and have no moral issues with that. Lets face it , Irish bank directors , like most global bank directors have no problems with screwing its shareholders over so get on with it in my book.

... from the intraday low that was quite static ... some banks , UK and other european are great traders at the moment.