Member Info for Shurething

These should never have fallen the way they did, even at depressed PGE prices, because the grades are so high. Buyers are now beginning to recognise this and are buying fairly reasonable chunks. A takeover target at these prices!

Hi Cedric, thought I'd keep your lone messages company! The results in feb. look O.K. to me. My guess is that, without any glamour or significant positive news, this has gone the same way as so many shares - on a slow crawl down. The likelihood is that when they make a big move it will be a jump in the upward direction. They surely can't knock nearly 10% off this share again without a big rebound!

Yesterday's news has been digested, and optimism has returned (if it ever really waned). Punters will be in for the dividend and for the long haul after. Fifty p within three weeks is my guess!

An operating loss doesn't necessarily mean a share will plummet. Nor does a profit mean it will rise. Much of the bad news is already factored in to the present price, and if a share begins to rise after bad news, watch the investors pile in!!!

Shows up on my account - to over 13 p!

Up a couple of p at start? Any other ideas?

A predictable drop - how far I wish I knew. Guess is that 40 p (ish) will form a base level. Two or three points above perhaps, as anticipation outweighs profit-taking.

Agreed. I posted a message in January when the shares first jumped on the first bid that the company would be valued at significantly more per share. Is this a bidding battle or a skirmish - that is the factor that will decide the eventual outcome, but 40 p plus should be reached by the end of next week. It's a bit like Ebay, waiting for each other to make the first move....

Judging by the rises in Aviva and LGEN I think there is a realisation of this, and institutional buyers perhaps returning. If the results are reasonably positive I would hope (and expect) they might rise to around 40 p sometime next week.

Now they seem to have a spurt on, the momentum should have shocked a few shorters. Hopefully they will go on a bit and over 30 p.

Rises and falls are not driven solely by supply and demand. There are many hidden factors, which is why we (the punters) invariably lose out, or don't make as much as we might hope. A share is just another horse really - and the MMs often know more about its state of health than we do!

These rose 10.87% on the Toronto market today and 10.54% on the NYSE. The London price should play catch up tomorrow.

These should move ahead once the NYSE and TSX open.

Annual results: http://www.yamana.com/NewsEvents/PressReleases/PressReleaseDetail/2009/YamanaGoldReportsRecord2008RevenueNetEarningsandCashFlow1120544/default.aspx

Press Release 3 March: TORONTO, ONTARIO -- (MARKET WIRE) -- 03/03/09 -- YAMANA GOLD INC. (TSX: YRI)(NYSE: AUY)(LSE: YAU) today announced that proven and probable gold reserves increased to 19.4 million ounces as of December 31, 2008. Total new discovered proven and probable gold reserves totalled 2.5 million ounces in 2008. With approximately 1.0 million ounces having been mined in 2008, net gold reserves increased by approximately 1.5 million ounces, representing a net increase of eight percent. Total measured and indicated gold resources increased significantly to 15.7 million ounces, up 22 percent from 12.9 million ounces a year earlier. Approximately 7.9 million new ounces of gold were added across all categories before production, which exceeds the Company's previous expectation of 7.0 million new ounces. Discovery costs for proven and probable plus measured and indicated gold ounces were approximately US$12.00 per gold ounce which compares well to the industry average.

After a comprehensive review of its property portfolio, Severn Trent Water has set in motion a disposals programme for a number of sites that are now surplus to requirements. The sites range in size and value but all, says Severn Trent Water’s Director of Property Ted Pearce, are no longer playing a part in delivering the company’s core water and sewage services business. “This isn’t about raising revenue, but is a prudent step for a corporate organisation to be taking,” he said. “Each of the sites identified – and there are more than 400 that we’re looking to dispose of – is no longer regarded as part of our core business activity, and therefore it makes sense to rationalise so we can focus on all our operational sites. “While there may be a view that disposing of land and assets in the current climate will result in poorer returns for Severn Trent, our research suggests that there is still a healthy demand from equity purchasers for this type of property. “We believe that these types of properties are less affected by the price reductions currently impacting on other sections of the property market, and we will be disposing of them over the coming months and years.” Most of the sites in the Severn Trent disposal portfolio are in the £25,000 - £50,000 price bracket, and auction houses have been retained to manage the sales on behalf of the company.

I understand your point. Several observers, including me, have noted their lorries have been active in recent months, and the series of strategic go-aheads on major road building is no guarantee of profitability, but these observations were mainly aimed at those observers who believe/d that Ennstone only supplied the house-building sector (which of course only forms part of the picture). You are right - pricing is key and in a competitive marketplace margins may have been trimmed further. We only have to hope that some strategy has been devised to maintain or increase these margins. If I invest on 'hope' then I am not alone - I anticipate 90% plus of investors are doing the same at present.

Perhaps this man knew something about the U.S. sale and is leaving for that reason. I don't think it's a big deal. At least the A46 dualling has commenced last week. I hope to see ENN lorries in the next week or two! Will let you know!!

Peculiar - my buy is not showing! At least they have risen a bit.

A cluster of sales on Friday on an pre-existing down-trend. They should commence a more modest rise from here.