Member Info for Mr_Bluesky65

well what a nice turn around since I last looked this morning. I must say I was surprised that the reaction to the RNS was so muted but now it has been digested and bought into. A very good day. Mr Bluesky

Looks like the china data has dulled the reaction to this good set of results today. To coin a phrase " I would'nt want to be out of this" hoping for to much of a dip to get back in. My money stays put and top up on any dips. Mr Bluesky

If this does'nt get the market excited then nothing will........ HIGHLIGHTS Financial · Revenue up 19% to US$185.5 million (H1 FY 2013: US$156.3 million). · Profit from mining activity2 up 115% to US$73.4 million (H1 FY 2013: US$34.2 million). · Adjusted EBITDA3 up 157% to US$65.8 million (H1 FY 2013: US$25.6 million). · Net profitafter tax of US$28.4 million (H1 FY 2013: US$15.2 million loss). · EPS: 4.70 US$ cents (H1 FY 2013: 1.91 US$ cents loss); adjusted EPS5: 4.52 US$ cents (H1 FY 2013: 1.93 US$ cents). · Operating cashflow up 249% to US$91.9 million (H1 FY 2013: US$26.3 million). · Cash at bank at 31 December 2013 of US$28.0 million (H1 FY 2013: US$38.2 million) and diamond inventories of ca. US$49.4 million (H1 FY 2013: ca. US$45.4 million). · Loans and borrowings at 31 December 2013 of US$136.8 million (H1 FY 2013: US$124.2 million). · Net debt of US$108.8 million (H1 FY 2013: US$86.0 million), (excluding foreign exchange settlement lines), in line with expectations, and capital expansion plans remain fully funded; debt facilities (including the foreign exchange settlement lines) undrawn and available to the Group at 31 December 2013 of US$67.5 million (H1 FY 2013: US$122.3 million). Operations · Production up 31% to 1,635,716 carats (H1 FY 2013: 1,247,522 carats); Petra remains firmly on track to meet full year guidance of ca. 3.0 Mcts for FY 2014. · Costs remain well controlled; refer to Operations section for detailed mine by mine review. · Capital expenditure ("Capex") of US$85.3 million (H1 FY 2013: US$92.1 million), in accordance with the roll out of the Group's expansion programmes; full year spend on track to be in line with FY 2014 guidance. · H1 Capex was fully funded by operating cashflow for the Period.

This is still brewing up nicely. Big move soon IMO. Mr Bluesky

Results here tomorrow and the fact that this has broken over 150p on this run bodes well for a good market reaction to them IMO. Mr Bluesky

The FTSE 100 is set open higher, maintaining the upward momentum of Monday and the tail end of last week. In Asia most markets were buoyed by the Bank of Japan’s decision to maintain its asset purchase scheme while boosting lending. In China in contrast was tightened fiscal policy by draining liquidity from the system. This had a knock-on impact on the Shanghai Composite, which fell 0.5% to 2,125.12, while Hong Kong’s Hang Seng was flat at 22,523.65. However most of the Asia region took its cue from the Nikkei, which rose 3% to 14,843.24. With Wall Street closed for President’s Day, so the pick of the corporate results came from Anglo-Aussie mining giant BHP Billiton. Its earnings were better than expected, particularly from iron ore business. BHP will undoubtedly be a talking point when London opens for business.

www.investegate.co.uk/bhp-billiton-plc--blt-/rns/bhp-billiton-reports-strong-financial-results/201402180700092855A/

ww.investegate.co.uk/bhp-billiton-plc--blt-/rns/bhp-billiton-reports-strong-financial-results/201402180700092855A/

www.investegate.co.uk/bhp-billiton-plc--blt-/rns/bhp-billiton-reports-strong-financial-results/201402180700092855A/

Could well take BRWM higher........... UBS has BHP Billiton as one of its two most preferred stocks in the mining sector (the other is Fresnillo) and expects the Anglo-Aussie titan to report robust financials covering the first half of its fiscal year on Tuesday.

Has closed nearly 200 points over the 17,500 major resistance point today. It has now broken out of the 3 year descending resistance and if it stays that way to close the week it bodes extremely well for more gains. Mr Bluesky

BRWM will get a wee pull back at some point but not enough to consider selling for IMO. With RIO,BLT and GLEN all looking longer term bullish now this should stay strong as it accounts for 37% of BRWM's portfolio. The mining sector could well take the ftse 100 to an all time high over the next few weeks. Very exciting times. Mr Bluesky

techs are looking good for another push. A break over 175p and its circa 220p. I am holding these from 72p and will do so for a very long time. Mr Bluesky

What we dont want to see is a "Know no reason" RNS to take back most of the gains. Mr Bluesky

This has gone from very bearish to uber bullish in one day having sliced up through the 50dma and 200dma in one go forming a bullish Island reversal pattern. does any one know what is driving this? Mr Bluesky

This looks close to a break out up. A close over 168p will confirm it. Mr Bluesky

I'm not going to lie the charts do look very bullish for this and coupled with the fundamentals this is loooooking rather nice. Mr Bluesky

I must say I am looking forward to monday and the rest of the week here. Mr Bluesky

RDW at 329p looks to be the most bullish right now of the builders. Lots of them to report over the next few weeks and most look potentilally bullish to me. RDW looks the best bet chart wise right now with a break over 340p to confirm with a target of circa 450p. My Verdict : Buy after a 340p close Mr Bluesky

PDL report finals on thurdays! Mr Bluesky