Member Info for MickTKipper

PAG PARAGON Breakout confirmed on the 48 hour TA rule on this one. Excelent new 52 week high... http://uk.advfn.com/p.php?pid=staticchart&s=L%5EPAG&p=6&t=47

ETI ENTERPRISE INNS Chart looking in fine fettle, lower indicators pointing to more upside... http://mycharts1.webs.com/eti12.JPG

BRIEF-Photo-Me confident on year progress07 December 2012 07:02, updated 07 December 2012 07:34 LONDON, Dec 7 (Reuters) – Photo-Me International PLC <PHTM.L>: •Remains confident of good progress over the year •H1 pre-tax profit up 17.4% despite revenue decline of 7.1% (London Equities Newsroom; +44 20 7542 7717) (For more news, please click here [PHTM.L])

"We continued to generate significant levels of cash in the period and the net cash position at the end of October was £70 million, an increase of £18 million since the end of April. We are therefore increasing the interim dividend by 20% and, during the second half of the year, the Board will be considering the options for returning some of this cash to shareholders"

"One of Photo-Me's great strengths is innovation. After almost three years of testing and trialling in France and Belgium, our new laundry product is ready to be aggressively rolled out. If the results achieved to date are repeated on a much larger scale, we anticipate this product will become a significant contributor to profits within three years"

· Net cash position of £70 million, an increase of £18.2 million since year end · Interim dividend increased by 20% to 1.5 pence per share

An absolute BONUS.... didnt see this one coming.... <b>· Sales and Servicing division returned to profitability </b>

Outlook The profitability of the business has improved and cash flow remains strong. In addition, we are about to introduce more widely coin-operated laundry machines, which we believe have substantial potential in the medium-term and will be less impacted by the prevailing economic climate. We look to the future with confidence and we will be considering the options for increasing shareholder returns. As to the present, as we always point out, the first half is seasonally the stronger for Photo-Me in terms of profits and we expect this certainly to be the case again. However, the Board remains confident of good progress over the year given that the level of profits in the first half broadly matched the outturn for the whole of the previous year. John Lewis, Non-Executive Chairman

Brilliant results..... Operational Highlights · Pre-tax profit up 17.4% (25.9% in CC) despite revenue decline of 7.1% (2.1% in CC) · All 3 geographic regions increased profits; individually, Germany, Switzerland and Japan outstanding · Sales and Servicing division returned to profitability · Formal launch of new coin-operated laundry machines; strong growth anticipated · Net cash position of £70 million, an increase of £18.2 million since year end · Interim dividend increased by 20% to 1.5 pence per share · Board to consider additional returns to shareholders http://www.investegate.co.uk/photome-intnl.-(phtm)/rns/half-yearly-report/201212070700119726S/

UK Car Sales up again in November (2012) December 6, 2012 By Cars UK The Society of Motor Manufacturers and Traders has revealed that new car sales grew again in the UK in November – up by 11.3 per cent. At some point, new car sales in the UK must surely start to ease as the economic pressure bite, but so far in 2012 we’ve had an inexorable rise in numbers. The latest figures for November show new car sales (well, to be precise, new car registrations – which include Pre-Reg cars) up by an impressive 11.3 per cent, following on from a rise of 12.1 per cent in October, with private buyers driving sales rather than fleet. It also looks like Ford has been pushing the new Focus hard (or they’ve finally got supply up to speed) as the Ford Focus grabbed the top sales spot for November, narrowly beating the Fiesta in to second place by just 12 sales. The rise and rise of the UK car market also sees the UK overtaking France as the second biggest new car market in Europe, behind Germany, as the Euro zone car markets contract as Europe’s economies are in an even bigger mess than the UK’s. Paul Everitt, SMMT boss, said: New car registrations rose 11.3% in November, positioning the UK new car market as the second largest in Europe. The upward trend has been driven by private retail customers. The outlook for 2013 remains challenging, but vehicle manufacturers and their dealers will continue to work hard to attract motorists to their showrooms and deliver outstanding value. The SMMT says the UK new car market has grown to 1,921,052 cars so far in 2012, up by 5.4 per cent on 2011. Top Selling Cars November 2012 1.Ford Focus 2.Ford Fiesta 3.Vauxhall Corsa 4.Volkswagen Golf 5.Vauxhall Astra 6.Nissan Qashqai 7.BMW 3 Series 8.BMW 1 Series 9.Mercedes C Class 10.MINI Read more: http://www.carsuk.net/uk-car-sales-up-again-in-november-2012/#ixzz2EI18KoES

PHTM Photo Me Not many brokers covering this one but here goes........ Date Company Name Broker Rec. Price Old target price New target price Notes 14 Sep Photo-Me... Finncap Corporate 57.13 86.00 - Reiterates 28 Jun Photo-Me... Finncap Corporate 57.13 86.00 86.00 Reiterates 09 Dec Photo-Me... Finncap Corporate 57.13 86.00 86.00 Reiterates 08 Dec Photo-Me... Finncap Corporate 57.13 86.00 86.00 Reiterates 30 Jun Photo-Me... Finncap Corporate 57.13 86.00 86.00 Reiterates 86p SP TARGET.

PHTM PHOTO ME Chart looking in good nick ready for results tomorrow... 52 week breakout.. http://mycharts1.webs.com/photo%20me%2012.JPG

INCH Inchcape. Chart breakout and new 52 week high for INCH http://mycharts1.webs.com/Inchcape%208.JPG Looking for 500p SP going into the new year 2013.

Moving up nicely before results tomorrow.

Heading higher was Paragon, the buy-to-let lender. It added 1.8p to 242p after it confirmed reports it was seeking a banking licence with the possible purchase of Hampshire Trust, a private bank which offers loans and development finance. Espirito Santo said: For Paragon the attraction is that the banking licence offers deposit accounts and savings bonds which Paragon could use as a source of retail funding. This would diversify Paragon's sources of funding and enable it to meet the demand it is experiencing from retail borrowers it has acquired through its recent portfolio acquisitions once they have repaid their loans – an opportunity management said they are currently having to turn down. Although this is still early stages, it does highlight managements proactive approach to increasing return on equity within the business and adds to our belief that there is significant value within the group.

ETI ENTERPRISE INNS..... Elsewhere Enterprise Inns rose 4p to 90p after Deutsche Bank moved from hold to buy and raised its price target from 105p to 135p. The bank said: During 2012, the group's corporate and securitised bond holders saw the market value of their investment rise by around £340m while the equity investors have managed less than half of that. Even after this year's run, the share price remains 35% below the levels of April 2010, when the group was in poorer shape. We see 2013 as the year when the equity holders reap most of the upside in the market value. Since the pub group's results on 20 November, its shares have risen around 35%.

Extract form a large broker note from Deutsche Bank refering to stocks to watch 2013........ Deutsche Bank Markets Research Europe Periodical European Daily Focus Tuesday, 4th December 2012 European Equity Strategy 2013 Outlook: Pro Cyclicals Companies Mentioned Telecom Italia (TLIT.MI),EUR0.7 Buy Price Target EUR1.24 Intesa SanPaolo (ISP.MI),EUR1.31 Buy Price Target EUR1.6 AXA (AXAF.PA),EUR12.67 Buy Price Target EUR14.3 Adecco (ADEN.VX),CHF45.82 Buy Price Target CHF54 JCDecaux (JCDX.PA),EUR17.35 Buy Price Target EUR25 Hunting (HTG.L),GBp806.5 Buy Price Target GBp1050 BASF (BASFn.DE),EUR69.47 Buy Price Target EUR76 SKF (SKFb.ST),SEK159.2 Buy Price Target SEK165 Saint Gobain (SGOB.PA),EUR30.68 Buy Price Target EUR33.5 Inchcape (INCH.L),GBp429.1 Buy Price Target GBp480 We are positive on the outlook for equities due to an expected rebound in global growth to 3.5% in 2013, led by US growth of 2.5%. In the euro area we expect the pace of deleveraging to slow, the credit impulse to rebound, and demand to surprise positively in H1 2013. We expect the stronger GDP growth to improve the fiscal outlook, and for euro area CDS spreads to tighten. Three factors that could cause the cycle to turn are 1) an easing in balance sheet pressures related to the 2011 stress test targets, 2) a slowing in the pace of destocking in the euro area, and 3) a pick-up in global growth. In 2012 US household spending was strong, particularly on durable goods and residential investment. If resolution of the fiscal cliff causes policy uncertainty to decline, we expect business capex growth to follow suit. In EM we expect growth to pick-up after 18 months of adjustment, and for the recovery to regain traction as credit growth stabilizes, led by China. We expect global growth of 3.5% to drive EPS growth of 6% for the Stoxx 600, and for the decline in euro area sovereign risks to cause the market to re-rate to 12.5x forward earnings. We expect the Stoxx 600 to rise to 315 by end-2013, and to 340 by end-2014. Against this backdrop we believe we should continue to buy cyclicals. The 18% outperformance of cyclicals relative to defensives since our 2012 outlook note could be just the appetizer. The global cyclicals will clearly benefit from a return to 3.5% global GDP growth and domestic cyclicals should re-rate on the back of a growth surprise in the Euroarea which might involve a recovery in both business capex and consumer spending. A recovery in capex should benefit the revenues of the receivers and enhance the growth outlook of the spenders. In the next leg of the cyclical rally we need to put away those ideas that capex is bad. We recommend overweights in banks, insurance, telecom, chemicals, media and construction, and underweights in food & beverages. We prefer value over growth and like the Italian market relative to the Swiss market. Our 2013 strategy picks are Telecom Italia, Intesa S

Paragon: Acquisition of Hampshire Trust Buy-to-let mortgage specialist Paragon Group [LON:PAG] has confirmed that it is in the early stages of considering the acquisition of Hampshire Trust Plc., a subsidiary of National Counties Building Society. The announcement comes after reports in the weekend press. Analyst Peter Lenardos at RBC Capital commented: “We believe this would diversify Paragon's sources of funding and make it less reliant on the wholesale funding markets. “However, we note that there would be a duration mismatch as short-term deposits are used to fund longer-term mortgages. “Until Paragon provides further details on the proposed transaction, there is no impact to our forecasts or price target.” RBC Capital currently have a ‘sector perform’ rating on the stock and a price target of 260 pence. Broker Forecasts three month consensus data highlights that 82 per cent of brokers have a buy recommendation on the stock, 9 per cent are recommending selling shares in Paragon with the remainder of brokers maintaining a neutral rating on the shares. At 2:44pm: Paragon Group of Companies share price was +2.65 pence at 242.85 pence.

Could be a game changer for PAG. http://www.citywire.co.uk/money/small-bank-could-be-big-deal-for-buy-to-let-lender-paragon/a639334?ref=citywire-money-latest-news-list

Chart shows the stock to have broken out and momentum firmly behind it... <img src="http://charts.moneyam.com/Chart.aspx?Provider=EODIntra&Code=ETI&Size=700&Skin=BlackBlue&Type=3&Scale=0&Cycle=DAY3&Span=YEAR1&OVER=EMA(25);EMA(50);EMA(200)&IND=VOLMA(60);MTM(6,6);ADX(14);RSI(14);MACD(26,12,9)&Layout=2Line;Default;Price;HisDate&XCycle=&XFormat=">