Member Info for shal1000

Reason for today's increase

Orders for items ranging from toasters to aircraft that are meant to last three years or more accelerated 1.0% in October after rising 0.3% in September. They were boosted by a 2.1% increase in orders for transportation equipment, which followed
a 2.5% surge in September.

Basically not different to what I said yesterday I expect 4.5%

Jtt exactly my thoughts, as a big chunk of uk economy is based on financial serves with pension funds, insurance funds and investment banking trade in stock market. I'm an actuary, so I have to monitor the financial markets, so does that mean my profession is into gambling?

on the coast good post.

I expect someone like Mike or RRI to explain their theory given that they constantly bombard crap all day long, when it comes to being helpful they are useless.

So a cup and handle is a shape on a chart that forms a U shape (hence a cup) with a \ at the end forming a handle. It all depends what interval (eg 1 minute, 4 hours etc) and what time range (eg 1 month, 1 year etc) you look at. Its all subjective, as one person using a different set of intervals/time range will see another pattern forming - so who do you believe? A cup and handle is one formation of the hundreds that are out there. At the end of the day, market makers price what they feel like, nothing to do with making sure a pattern emerges.

Under the efficient market hyphotesis no technical analysis can ever be used to outperform the market, even in its weak form the only way to out perform if the price doesnt reflect public and private information. So its up to you if you think the price is undervalued and if there is an opportunity to be made. Given the current price and the fundamentals suggested at their previous trading update (hitting forecast numbers by year end, reducing debt) and with current macroeconomic data (china curbs opening/closing, inflation rising/calming ?) i expect the share price should be at least £1, but you need to form your own opinion on fundamentals and not on technical analysis.

Hope that helps.

I just want 20% now so I can get out lol, don't care about 4000%

Added more, 2.45p average price. Hopefully I should see break even by end if the year. The net assets of the company is 260m vs mcap 50m. Am I reading this correctly? It has nav per share of 9p, so price seems too far undervalued?

Seems like it, too many buys today, should've been over 3 quid at that rate

Had a brief read, impact on rr should be minimal, as mostly the change is from russian engines to chinese, mostly producing for fight jets, and the slow progress made since 2002 so not a brand new development.

Mike have you reported him so his account is deleted and all posts removed?

Dbno that's unlike you, you were the derampers last time I was here?

OK I stand corrected, just googled, Corp tax is 40% vs 25% for others. That is very cheeky.

How is it 75% tax? Thought it was 35% levy plus Corp tax of 25%. Have I missed something?

I've bought another 5k also at 3.34. Average £10k invested at 337p.

Thanks smartie

Whacked in 5k yesterday at 339p. Last time my 330p went to 490 made good profit but on 4k. Previously made loads when it hit over 500p back in Feb with 70k holdings. Hoping for a good run. I see DBNO here with his oil price predictions, where's SK?

Rwanda lol

Wtf is going on here lol

You are correct, we need to be more productive, go on job websites you will see so many jobs that can be fulfilled with these inactive sods and we don't need people from eu or other countries. I think there should be law that if these inactive people don't agree to doing a job that is available they should be deported.

Why is this being discussed here?

A problem just for lloyds or other banks as well. I expect their bad debt provisions in the last set if results allowed for it.