Member Info for ParanoiaBlue

With its exposure to shrinking European markets.

Deutsche Bank cuts Next Plc to hold from buy

Rank Grp: Curr Trading Stable; No Dividend, Cautious For 2009 European gaming company Rank Group PLC Thursday said current trading is stable, but that it remains cautious about the outlook for 2009.

1H Pretax Profit Falls 18%, Hays PLC, the U.K.'s largest recruitment specialist by market capitalization, Thursday reported an 18% fall in first half pretax profit as overall demand for placements continued to be subdued across its key markets

.............that's twice that you've said that!

Engineer Tomkins saw adjusted pre-tax profit plunge 30% to $328.4m in 2008 forcing it to slash the final dividend. Sales from continuing operations fell to $5.52bn from $5.89bn in 2007, mainly due to the disposal of Stant and Standard-Thomson, along with the disposal of Dearborn Mid-West in late 2007, plus lower volumes in most of the firm’s key markets. As a result, the final dividend is just 2 cents a share, meaning a full year payout of 13.02 cents, down from 27.68 cents a year ago. Last year the final payout was 8.57p. For 2009, bosses have decided to target a total dividend of around 10 cents per share.

Thanks for the post. I must admit that I am somewhat surprised that this one appears to be “defying gravity,” for now. ATB

Good one. I don’t use stop losses [except, sometimes, if I have spot gold contracts open over night, but mostly I just let them ride, because on a daily basis, one starts to get a feel – positive or negative] I’m uber-bearish about the market, - but of course, there will be corrections. That is certainly true of particular sectors. Everyone has their own trading patterns. I’m quite willing to rack-up very big “loses on paper” because I am happy with my decisions, overall, and that is my temperament. In fact, I have found that when things look really bad, there is no point in panicking, but to hold tight. But, as I say, everyone has their own technique. ATB

I've followed suit. Too good a position to lose. [Wall St is still looking strong, for now]

Yes I’ve been holding off, for now. I might take a profit soon, and sit out for a while. It’s been a great morning [in fact last 5 days!] for shorts, so there may be a wee correction for a while. I note that Wall St. is looking quite strong for now, also. Thus perhaps, I may cash a lot of my positions in soon. ATB

Yes, I thought as much. I usually don’t respond to those who post in “inane text speak” ATB

Pray, why?

I posted on the ABM BB, that the pawnbroker yesterday reported that half-year profit rose to £6.2m. [19%] It raised its interim dividend to 2.25p [12.5%] HAT is its counterpart.

...yes, dropping like a stone [around 9%] last time I looked. I still have a short position, but may just close it soon, as well in profit. However, I still think it has a long way to drop. ATB

....Wetherspoon, now you are moving in the obvious direction!

Just posted a Scotsman article on ABM

:)

..well behave yourself this time! :) Welcome back!

Selll - re-iteration Target 109.00p

Finally got out of the twenties, let’s hope that it is more that just a passing relationship!