Member Info for Noody

Good effort...you do have a back for this. I've never shorted before ( may need to try) but I would have to start on a vastly price inflated share.....ocado for example....CNA has had the meat ripped off the bones already....I'm not technically skilled enough to work around such small margins... Well done again

:)

Telecom's all down

Thanks soi....appreciated & agree with your thoughts.. Whilst I wait for this to break resistence I've had time on my hands to research other prospects....of all things I've just gone long on Saga........not a recommendation but if I see you shorting it I'll start to fret :) ATVB Cheers N

Just made my first entry here at 132... Having gone through the books dividend progressive and we'll covered, good cash generation, 10m saving planned, trust pilot company reviews pretty good, eps & p/e look fine and reducing leverage........hopefully no further airlines go under ( beyond saga control)....only nervousness is the cruise ships.......but on the whole....not a bad price/cash generative/company......and lots of old people around who trust the brand

Appreciate response...thankyou... Just off to find a ruler :)

Hope you're still not waiting!!

Hi soi, You seem to have a handle on the technicals of CNA...Any thoughts on momentum to break through 148?? I appreciate your short....but genuinely curious..... Cheers N

Proving tough to crack....had a few goes now...guess there's a risk of a retrace now built in.....but who knows?

From memory there is only centrica and SSE out of the big 6 who have not been gobbled up in a takeover..

I personally feel that sentiment is stabilising. The 3 month chart on the desktop site shows a nice reversal upwards, market cap has moved from 7 to 8 billion, volume in favour of buys is getting stronger. None of the above actually matter.....but they do influence general sentiment, the physiology of those looking to invest, the fear of " missing the boat!'......and these emotions do matter....at some point we will break 148 and continue to drift north ( when who knows??)...but I feel v relaxed holding these shares ( all bought with cash!) and see real future value in the 2-5 yr timescale....... Well done to the guy who shorted at 146.5 and 147.....ballsy

Best of luck....looks like your slightly ahead of me....GLA.

Make sure you have a stop in place...if this breaks 148....well.....

Once we hit 150... then we should be gapping up......patience patience it will come. Been on holiday and got round to reading the book- The Intelligent Investor by Benjamin Graham. Originally written decades ago by the father of value investing...the pre face was by Warren Buffet........really interesting and still v much pertinent today..........one piece of advice was to "stop watching the kettle boil". Having satisfied yourself of your investment decision, sit back and let time do the rest....impatience forces people to sell out of quality stocks too early......been there done that! Sun is shining. Dog needs walking...have a great day all

Good luck....but I don't think the technical would support your decision....still who knows what is round the next corner?? It could be an inspired bet...

Not in here....but good luck.....I may even have a punt....but looking at eps at 2.6 p and growing debt....it may need a takeover bid I see CFO Matt Smith has decided not to hang around...

Pipe dreamer...I hear you ref your comments on MKS....I bought BT but decided to hold off on MKS as I am a little cautious of UK retail still.......glad I did. Debenhams this morning blaming the beast from the east on an 85% slump in half year profits ( seems like they are using it as a scapegoat TBH)......but even if half true it must correspondingly be good for CNA.

Just reading the last report from 22ND Feb Adjusted EPS down 25% to 12.6p Proposed full year dividend of 12p That is bloody tight......Conn needs to pull a big rabbit out of the had to increase EPS and thus dividend cover.....

Not really one for tech analysis. However just looking at one chart which shows blue water once we break 148 right up-to 180+.....look forward to it :)

Been watching BT for a while and decided to take the plunge today. Although there are obvious headwinds...longer term 3-5 years I see some real value here.... Hopefully pension changes are put to bed soon and suit both the company & staff.. The 3500+ recruitment drive for new open reach engineers smells v positive. GLA