Member Info for Nhmusicman

Useful insights borgy. Do you use the same chart set up to identify exits too?

No particular reason that I am aware of although it's been worth the wait. Nick

Yes, it's good to see the usual suspects topping up!

I reduced my holding first thing but intend to add back in a few days. I think it's important to be back in for the financial year year end position. I assume that's what the shareholder special dividend will be based on?

Borgy mentioned a couple of weeks ago that we have entered the handle stage of a cup and handle chart formation. The sale announcement may well have limited the extent of the SP reduction expected by the c&h formation but seeing the shares so oversold right now are we likely to see a breakout to the 139 target price this week?

There will be 28 residential schools and 5 other children's services centres left, not including foster services. Lots of property left in the company with sizeable value. Worth bearing in mind that although there were over 100 adult units sold, they are all quite small compared to the school bed numbers, and if you consider the average fee income for housing an adult is circa £80k per year compared to the schools being approx £200k per year the profit potential nownhencompany is debt free, is huge.

Cambian Group PLC (LON:CMBN) had its price objective boosted by analysts at JPMorgan Chase & Co. from GBX 119 ($1.51) to GBX 139 ($1.77) in a report issued on Tuesday. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential upside of 8.38% from the stock’s previous close.

Thanks Borgy, useful insights as always! I always look forward to reading your analysis.. Regarding CMBN and the £40m distribution, I reckon it's more of a gesture to existing shareholders many of whom were staff who have lost a lot in value since the original float. It is true that the adult care side was running at a profit but it was also managed in quite a reactive/risky way. This management is moving with the sale. The children's services/education side is also very profitable and seeing sizeable growth. It's worth noting that the large losses last year were due to impairment on assets and debt costs, neither of which should be experienced from now on. That's why I bought in just under 60p, as it was clear that big profits were on their way. The future is bright!

Yep, £40m between 184m shares

Well I got CTAG wrong didn't I! Can you chaps provide any hint with regard to how that rather large increase could've been spotted as with a RSI of below 30, and BB,s in continued decline the charts (in my view) suggested an ongoing fall, and not the sizeable increase that was seen yesterday. Any tips greatly appreciated.... Nick

Daughter just added some to her ISA following the news and it's shot to £1.50 - here we go everyone! Great start to the week! Nick

Imminent or at least certainly by end of month as they will want it recognised in the year-end statements.

Thanks Borgy. I was looking at the daily BBs for the last month. Upper band now reducing to 137, lower band increasing to 123 - which I assumed suggested the end of the most recent break out/ growth trend which started as you say on the 11th.

Would this be confirmed by the squeezing of the BB? Just checking to see if I'm looking at the analytics correctly :)

Well spotted regarding the cup. A small further drop over the next few days towards mid 120s and then breakout time?

Kind offers there Borgy. Even as a longer term invester rather than a trader, your BB and RSI analysis is insightful with regard to when to buy, i.e. When prices are discounted as a result of a strong trend, rather than a drop in intrinsic value. What platform would you recommend to chart these analytics? Nick

Having spent the last couple of days looking into MACD, RSIs and BB analysis, I wish someone had taught me about these sooner! Tested it on some historic prices and it would've certainly changed some of my decisions for the better. Thank you Borgy74!

Announcement tomorrow I think!

Borgy74 - your munch was spot on! I've been following VOD too and waiting for signs of a shift towards its 300p target. Imminent you think? I really do need to review MACD and RSI's.....sounds like that's where the gold is!

That's old news.... although we are all hoping the sale goes through for that kind of sum!