Member Info for Ridingwaves

Thanks for the link.... Must admit at first i thought you were replying to a poster called Basil until i realised it was Brazil....must get my eyes checked out. Well we briefly touched 1258 no reason not to do it again.... GLA

Are out tomorrow which should interesting.... GLA

Chris.........i agree, nice plan and i particularly like the £2 bit.. GL

Hi, surprised to see you around these parts.... GL

Hi, we like it aswell. I like Chris's plan better but i guess we just have to accept a smaller increase today....lol GL

http://www.4-traders.com/BG-GROUP-PLC-4001264/news/BG-Group-plc-BG-Group-Strategy-Update-16859006/ Seems good to me, we will see what the markets think..... GLA

Hi luxor, We like the cut & paste.....lol Hopefully the strategy meeting tomorrow will be what the market is looking for as it should outline the future. Opps another cut & paste....from Offshore technology.. "BG Group plc’s (LON:BG) new chief executive, Chris Finlayson, unveils the energy group’s long-awaited strategy update tomorrow, with hopes high that he will be able to reassure investors it is back on track after last year’s shock production warning. The Hallowe’en horror of an announcement that it expected no production growth in 2013 knocked more than £3 off BG Group’s share price over the final months of 2012, taking it to lows close to £10. However, the stock has rallied recently on better-than-expected first-quarter results and a series of positive analyst notes, and it closed at £11.85 ½ on Friday." "Analysts at Nomura expect BG to set out a vision for a “small and nimble” company that will sell off less profitable assets, generate increasing cash flow and reduce capital expenditure. It could also increase its exploration spend, the Telegraph reports." This really highlights the potential going forward and particularly the production that should be coming back on line, which will set up for increased revenues this year and into the future... GLA

There is a small article in the Sunday Times for anyone interested. It is pretty much summing up the posts on this board. But any additional PR is positive leading up to the figures. Just need to push through the £4 resistance... GL

Hi Chris, nice article summarising the reasons to invest in BG. Certainly makes a good case. GL

Nice finish to the day aswell...... It looks like it is all coming together nicely. GL

Feeling better this afternoon.....well done. Of cause you can always buy back at a higher price...lol GL

Invensys recognised for the quality and delivery. http://online.wsj.com/article/PR-CO-20130509-909884.html?mod=googlenews_wsj

They are doing a good job then....lol

A little resistence is building up at the £4 mark. Further news will hopefully break this down. GL

Hi Eyesblue....Trend is still looking solid, nice break through a soft resistance level. As you say more news to come on the new change of direction and views from the fresh management team, who will i imagine want to impress their credentials on the future direction of the business. Hi Chris agree there are some prime assets this business has, and they are just beginning to bear fruit. GLA

Hi Don, always good to take profit.....Don't kick yourself too hard....lol GL

Hi Chris, Certainly a possibility....lets hope so..... Thanks for the link. GL

What is the difference between copper,iron,oil,soyabeans etc and Gold. Gold is special and is hoarded and used as a hedge against a perceived risk and also is highly speculative. Yes, it is used in some industries, but it main value a perceived one and as such it reacts in a completely different way to normal commodities. Recently there have been large investors moving out of Gold. Gold history is one of spikes in value that can be maintained for a small number of years sparked by a severe corection in the world economy. This was then followed by a slow but sharp decline amd a prelonged period of low prices.... Thats not to say that Gold will not shoot up in value, but also there is also good reason to argue that the curve may changed, the decision then is whether to risk continuing to hold or wait and see. Gold is not an normal commodity, it has own rules and those are governed more IMO by sentiment, much like the jewelry that it is often used for. The decision is everyones, do you buck the trend and win or wait on see what occurs and time your play. Thats the wonder of Gold as a commodity and risks you take. GLA

http://www.bloomberg.com/news/2013-05-03/invensys-seen-luring-emerson-again-after-sale-real-m-a.html Gl

Jolly is this a bounce off a support.... With DMI/ADX and crossing averages plus other signals to confirm...lol