Member Info for sundancer

do the MMs know people die of heart attacks from this manipulation? =)

better stock up on those sandwiches!!! =) http://www.telegraph.co.uk/finance/markets/6432855/Buy-food---price-rises-are-almost-guaranteed.html

on another note, it appears SOLA is also dropping fast...looks like an overall industry hit. and i'm guessing it could hit 110p to 115p. yeah, will probably go for a hedge.

that means 162.5p post-consolidation.

tanks back to the price i bought it for at 16.25p, i'm quitting long term trading and going into daytrading. *annoyed with PVCS.

panmure gordon are idiots. they downgraded IQE previously even though they had 7 times underlying profits. a stockbroking agent called me up to offer "free broker access and advise" and i told them no thank u cos i have fjp73...lol... cheers mate, for the link! all brokers have underlying motives with their commentaries, of course! if i was a broker i'd be doing the same. often when they say it's time to sell, it is actually quite the opposite - time to buy. after all, a PI would be silly to buy at a high...

with the ongoing retrace, i believe u may actually get ur target price for LAD but why do u want to buy LAD? between LAD and WMH, i think WMH will be the clear winner(long term). moreover, WMH is going ex-divi tomorrow. just my 2 shares worth.

arrr....cheers mate!!

where did u get that date? i think it is 30th october, not tomorrow... Dividend As announced at the time of the refinancing in February, we are reintroducing the dividend at this 2009 interim stage. The Board is proposing to pay an interim dividend of 2.5 pence per share (2008 - 7.75 pence per share) on 7 December 2009 to those shareholders on the register at 30 October 2009. This is calculated on the number of shares in issue at 30 June 2009 which, excluding shares held in Treasury, totals 696,048,985. Source : http://www.investegate.co.uk/Article.aspx?id=200908040700068035W

didn't expect it to hit below the all time low. how much lower will it drop? doesn't seem to be any new news.

guys, i've pulled out of this one for the moment(at a small loss). got a feeling the FTSE will retrace for a while before the next push, may not affect TSW as support level appear to be extremely strong above 30p, but just to be safe. but will definitely be looking to pop back in when the next run starts(if i time it right). good luck if u decide to stay.

to be honest, i think this is a breather before the next run. i sensed this a few days ago. stocks have been down for 3 days now and i think the footsie must retreat to below 5000, perhaps even as low as 4800 before the next run. it's not just property, most of my stocks are down today, by 3p to 5p, some of them more. but i managed to cash some of it today to take advantage if my speculation is right. if u look at the FTSE chart(1 year), it looks like it is "running out of steam". and u could be right, this could retrace till 170p before another run. watch the footsie mate....i think it could be right to buy some between 4800 to 4900.

what an amazing recovery this morning. let's see if it lasts....

watch this spike fast and drop fast. as mentioned, NAV mentioned here is only as of 30TH MARCH when property value continued falling into late summer. a lot has happened since then and interims for 30th september will be out soon. safer to put this on watchlist and wait for updated interims coming out soon. buy at your own risk.

to answer your question...the 3rd and extra share does not have a value of 95p because if u had bought in already and u sell it now, it will be 137p. so that is why the division should be done with the current market price only, not the price of the rights issue. the difference between 95p and 137p is your current rights for being forced to participate in this RI but while u are waiting and as LAD gets closer to finalising the rights issue details, i reckon we may see the share price closer to 120p. so in theory, u are not meant to lose any value and the company would have successfully raised these funds.

royjohn has a point as in the market is influenced by the reason for the RI. but in this case, i see it as an RI for survival because LAD are using the funds to pay down debt. if the RI was to develop newly found oil resource of a staggering amount then the share price could probably rise. or LAD raising funds to buy WMH = monopoly. this will send LAD share spiking up too...lol.. existing shareholders have no alternative but to buy in so that they don't lose out on the rights issue, or they can sell at a loss now. so in effect, shareholders are "forced" to take up these rights in order to protect their original investment while the company has full control over how they spend this extra money "extorted" from you. this is a very common way for companies to raise funds, even during boom, especially to fund new ventures. most shareholders don't hold any value in being forced into a proposition like that. note that some companies award the rights to you if you decide not to participate. the previously mentioned statement in the RNS was for this purpose - clarify shareholders will lose out if they don't participate. don't let the 95p issue price confuse you in your valuation. what's important is MARKET PRICE, to divide the market share price(pre-dilution) with the amount of shares in issue(pre-dilution), and compare with total shares in issue(post-dilution) with the market share price(pre-dilution) to asses how much it should be post-dilution.

of course! and the instant uplift is from 95p > 137p. we will see a momentary depression of LAD share price while this goes on. if LAD drops below 120p, i will definitely buy in...even though(don't know if u know this) i'm trying to avoid gaming shares! =)

First, a disclaimer - I am not an expert! =) OK, secondly...don't ever take any tips from magazines as gospel truth...always do your own calculations and analysis. the analysts who recommend shares always have an ulterior motive but in my opinion, it's the way the industry works. i'd research a share, buy in, then publish why i think that share is worth buying. but smart investors always make their own analysis before buying in. OK, regarding the dilution...there are 2 ways to look at it and it's a gray area, both theoretically based. some investors rerate that share base on the price of the share at the rights issue. but i don't agree with this because if the new shares are sold, it is sold at market price, not issue price. so to be prudent, value the issued shares on market price(which is what i do as i disregard the difference between RI price and market price, i.e. the "rights"). to me, this share is currently overvalued. before dilution = 600m shares (i.e. 2 parts) after dilution = total of 900m shares (i.e. 3 parts) before dilution, 2 parts = 180p per share after dilution, 3 parts = 120p per share (this calculation is based on market price, not RI price. 180p / 3 = 120p) hence, the share price now including dilution should be valued at 120p if u value it according to market price at sell, pre-dilution. qualifying shareholders will not face dilution is they take up the rights issue is correct. crystal? =)

the drop starting 7th october at 181p to 16th october 134p was already the anticipated tanking of the share following a rights issue announcement. what do you mean about next week?

extract from caterpillar's conference call :- "So we have been – in fact we have got a road show starting now with our Vice President for Purchasing, one of our group presidents to help our suppliers understand the magnitude of that impact on them, just as business stabilizes next year and once we have got the inventory correction behind us. We think with a very modest increase in sales that the likely requirements on our supply chain is 70% to 80%. It is a staggering number I know, but do the math on some of these inventory swing and you will get there. That is the kind of increase we are looking for from them. We know they have the capacity for it, because we had good capacity utilization in the latter half of 2008."