Member Info for NoonRiser

You did right getting rid of BAe, however, once the fraud debacle is out of the way, they should go on to new highs, especially if they win the French personnel carrier contract. That alone should be worth £130m or so and if they do win it, they must be favourite for all the other NATO countries who are purchasing similar vehicles. Certainly on my 'new' buy list. I'm looking to concentrate on fewer stocks, but move in and out quicker. Looking at my previous portfolio, I had too much 'dead wood', tying up funds. I mean stocks like CSLT, PYM and OXB, similar to your HAWK. I'm sure they will come good, but they are dragging the portfolio down. I would have sold CSLT along with the rest, but the loss was too great. Most of the others did OK, only ANGM and GLI showed a very small loss, both due to the spread. RNK made me a nice 9% in a week and started my thinking. I need to take more time selecting and not tie funds up in long term prospects, unless of course the upside warrants it, but even then, rhere will be other opportunities to buy in later. I'm talking about stocks like MWA and FOGL, both excellent prospects long term, but to buy now means leaving those funds tied up and doing nothing for quite a while. Difficult decisions and not easy to get right, but that's my new strategy and if it's not paying off in a month or so, well, I'll think again.

Hi James, Sorry I’ve not posted all week, but been very busy with the day job. I have still been trading though, indeed I’ve been taking advantage of the fall in the mining sector and have a radical strategy which should give a good return over the next week or so. I’ve cashed in all my small holdings and long termers and now only hold CSLT and AVCT (oh, and of course ICX !). I can’t sell CSLT below 16p and AVCT are poised for a big rise very soon. The rest, I’ve sold and am holding cash ready to buy into the miners early next week. You will have noticed the big falls I’m sure, but they will post new highs on the bounce and I’m putting it all into ENRC and KAZ. They are on a dip at the moment and I think there may be more bad news next week, (trade figures, unemployment etc) which may take them further down. That's when I will buy, hopefully at the bottom and then look to get out again when the time is right. Then I'll re-visit my recovery stocks and hope I can get back in at reasonable levels. I just feel that I need a clear out, make some money and start again. Hopefully ! There are so many good buys at the moment and If my strategy works, I should be in a much better position to put together a portfolio that will give good mid term growth. I only hope the Russians do well !

Got another couple on the boil, so don't spend it all just yet. Have a good weekend. PS: Don't forget UMC, They are due a hike anytime now and the trades were really odd today, all sells up until 16:00 or so and then 2 big buys, yet the SP hardly moved all day. Strange.

Seen RNK today? More than making up for HOME.

Sorry, finger trouble. I meant to say, Everthing else very quiet, CSLT and the rest not doing much, but with the FTSE falling in sympathy with the NYSE, I suppose that's good. How was your day?

What a frustrating day ! I'd sold HOME last thing yesterday (£50 loss) to free up funds for ENRC today. Went well, managed to get in at 874.5p and then as I had to work, set a limit sell at 920p. Came home for lunch to see they'd reached 918.5p and then droped back. Bug**r ! Not deterred, and knowing they'd climb again I reset the limit to 916p. Just got in to see that they'd reached 915.5p and then retraced down to 870p before finishing at 876p. Double Bug**r ! The annoying thing is that I could have cleared £500 easily had I not been so busy today and I could still have bought them back at the close for chip money! Oh the frustrations of trying to balance real life with the Stock Market. Everything else very quiet CSLT .

I did read the previous posts RE: Rock Island and will look into that aspect when I get a bit more time, but thanks for the info, very informative.

Cheers. Glad to hear you're confident. They seem to be a go-getting sort of outfit and Alastair Smith seems to have the right attitude to company growth. I'm sure we'll all prosper.

Just got aboard again after a few weeks leave, Nice to see some stability after ICX, SAR and PXS. I love these 'Small Pharmas', they are at the cutting edge and do so much good work, we should all support them. And of course they are very promising investments - sometimes !

I'm usaully up early on Sunday, bit of peace and quiet. I bought GSK in March at circa 1000p and traded them up until recently. Did very nicely at times, but missed out on the 'Swine Flu' bonus and haven't got back in due to the price. Let's face it, if Glaxo lose value, what hope is there? RNK - watch it for a week or so, I'm waiting for a dip then I'll be in. 4th October announcement should be good I feel and will see a modest hike. AVCT- Again, positive news on the way I feel. Another I'm looking at, which I think you'll like as it is a mirror image of MWA, only a lot better SP at the moment and in a more stable part of the world. It is not without risk, but the guys running it are totally commited and know what they're doing. ANGM - I'm in this morning after researching all weekend. Check out the website, excellent info and very honest. I'm leaving MWA for now, I still feel there is better value out there, but GL to all who sail in her.

Forgot to mention RNK. Worth a shilling or two I think !

Keep your eye on AVCT for the next week or so. I'm buying Monday.

HMV.. interesting 3 month graph. I'll watch it closely and see if I can find a reason for the recent drop. Could be MM's playing about or something more. Looks like a good one to catch at the bottom.

I wouldn't buy FLTR at the moment, wait for a dip below 150p. That's my next buying price. Not sure about HMV, what's the attraction there? Must admit I've not followed them so don't know of the prospects. Are they a recovery play?

Ah.. a quiet spot. Bad day at HOME today. Ireally expected them to pass 300p, and they did whilst I was out. I then waited for it to recover and guess what, it went to 299p and I hung on, only to see it drop to 291p (at the moment). My whole strategy for the day ruined. I was going to put the proceeds into PSK which is on a dip today, but will have to wait now I guess. Bug**r ! Good buy for you at BBY - flying today. I've not had chance to look at the TO target myself and I don't want to get involved in another RI (GFRD are a headache at the moment !), but good luck to those who do.

Don't worry about it, takes all sorts etc.. That SAM of yours, is it just a fund? or is it the actual company. Can't say I've come across it before, hope it does well for you. I'm still following MWA closely. The Terhan Times article makes good reading, but doesn't do much for the confidence in the Government. I get the feeling that if the (fragile) coalition collapsed, the chaos would be worse and nationalisation of the mines may follow. I really think ole' Rob is capable of trying it. Although, thinking about it, something like that may spur the west into action, so may not be bad long term. As you say, if it wasn't for the uncertanty, the SP would be flying.

Check out the link from Rowe1985. Very interesting news and could explain the SP drop.

I saw the 6p comment, can't see it going that low, but I feel the expectation is a little overdone. Don't get me wrong, it is a good prospect, but I can't see it flying unless we have some REALLY good news regarding the political future. It's getting near buying time for me though. I'd hang on a bit at BAe, I think it's still a bit weak and will go lower over the next week or so, especially if the news from the US isn't good. One I missed last week was HER. I looked at it, liked it and thought I might buy later, too late now, up 60% today !. I also like the look of KIW if it drops below 40p

Thanks for the MM article, very interesting and explain a lot. It's their job to keep us in our place then ! Didn't like to post on the MWA board, but I don't like the way it's falling in a rising market. I wonder if the news from the conference is not as good as expected. Still intend getting back in again, but I'll wait a while more.

Yes, I bought FLTR in March at 118p and have held since, They're a 'bottom drawer' share for me. A good strong company. The only drawback is that they reflect the FTSE quite strongly, so if the FTSE tanks, you need to be quick on the sell button. UMC - I noticed that the spread changed quite a bit over the day. The last few trades were very tight. As you say, timing is the key here. Note that the price rose very little over the day, only the spread changed. Odd.