Member Info for tomc1

On the news today and it's not popping like i expected...

Checked out the technicals and we are up against the downward trendline!
https://www.marketscreener.com/AMIGO-HOLDINGS-PLC-44458576/charts/

Is due to resistance. Seen it so many times before, 4traders shows it nicely here.

We are pushing up against the top of decending wedge channel.

Heres the great news it's a wedge channel and we will be forced out if it rather than two parallel support and resistance taking us ever towards...

Can clearly see it well in 2 year and 5 year chart.
https://www.marketscreener.com/HURRICANE-ENERGY-PLC-15724803/charts/

i know there results looked okay and they were oversold maybe...
But come on three potential bidders!!

https://www.gloucestershirelive.co.uk/whats-on/whats-on-news/what-saw-cineworld-gloucester-first-4383773.amp

Random news story that popped up on my google homepage, may interest holders. Only got a small holding myself at present.

Lowered your average? can see you sold half of your Rolls Royce.

I'm in at 184.9p and £500 down...
Timed this just right before with the bounce off of 150p, when it came off the lower trend line, out at 200p. then back in and sold for loss to go get some card factory under 30p did very well but came back....

Summary stock owes me too and we are at a double bottom( make that tripple bottom :/ )

https://www.marketscreener.com/PETROFAC-LIMITED-4005555/charts/

I knew this but still put a spare £350 cash i had in trading into this at 34.9p earlier...

What gets me is the interest on debt that is very sizeable, eats massively into profits (check the financials 541 million last year!!!!!!!!!!!!!!!!!!).
When there isn't profit though how does this get paid, through debt and registering a loss.

Maybe i have just thrown good money away...

Technically we are moving towards the downward trend line.

This has been stubborn resistance in the past, hopefully we get a breakout to higher levels. Been stuck in this range for too long.
https://www.marketscreener.com/AA-16751517/charts/

Number of reasons, we will never know.
- Compliance are telling them they own too much risk in one share
- Need the money for investments elsewhere

Valuation is cheap and moving in the right direction.

Cash calls, if you are referring to a share placing like Ted Baker for example then no.

They confirmed today they have access to £200m bank lending and also then government lending scheme.

Volumes at 17m today! Massive even for 2 hours trading!!!
I imagine Invesco are offloading similar to what happened in AA with Pavrus. They were slightly overweight you could say with a 25% stake in the company!

Double the daily average in the first hour!

Getting alot of interest.

35p resistance is strong but volumes are strong so looking positive.
It proved suborn in March 20' also and then was used as support in April 20.

agreed pressure is building, it's due a re-rate. Far to cheap!

Valued at £100m
Profits previous years circa £60/£70 mil
Lets say annual results come out next week with £50m profit, it's trading on 2 times profit!!!

Look at the technicals of this too!
https://www.marketscreener.com/CARD-FACTORY-PLC-16490238/charts/#

Agreed, nearly all shares have bounced and are off there lows. Talk if new strategy and rights issue to fund it. Have a look at the profit levels, margins and roi are great. Debt is serviceable.

We are due a big re-rating. Said last week technically we have the decending wedge coming to an end soon. The trading channel is getting smaller will shift either way soon and I bet given the positives out there in the market this will be upwards.

Massively due a re-rate, stores opening, near the closing price of March lows.
Stores Reopening soon, fathers day etc, credit available
Technically RSI oversold and downward wedge coming up (surely a breakout to the upside)

Hit 60p in April!

sure can and will imo. Get the election out the way then it's time for the run up to ex div date. 950/980 would do nicely...

See your all busy as usual. Any thoughts on NG.? I've built up a nice stake around 865 to 870p. Sat on the trend line right now... GS great funds, may well be on my way to something like that soon if NG breaks down.

“The biggest bubble out there is central bank credibility. If Draghi was a stock he’d be on a P/E of 200! Yellen’s on 100. When that bubble pops, all hell will break loose again, and there you really just want to be in cash.” — Former Morgan Stanley Strategist Gerard Minack Honest true words imo

Hey hott, you have been busy as usual. Making friends on Tesco, i saw the other day ;) I check in from time to time, but not doing much trading, watching oil... biding my time. Good luck with those oil stocks, enq massively beaten down, you still holding the enq bonds? Im still hanging on in, waiting for crude to hit $40 before resuming buying. Sold iae at a profit, only buys have been 600 in enq split 36p and 30p and a couple of k in afren from 65p to 26p today...You got any afren? Looking good at a 250ish mcap and going to 40k bopd soon.

Not been around much, been busy but kept up on things here. So oil, nearing 50% fib, in such a short time, i don't have much experience with falling oil prices as it's only gone one way since i started out. But how can oil fall 50% on an over supply of just 1%.... prob down to over leveraging and fear. I personally think this is a great opp, been buying IAE sub 40p, enq sub 35p and AFR sub 35p, got a few k left to go in should crude oil fall though $50. Considering moving my 33% of pf from fixed income fund to BP @350p should it get there... Could get a bit cheaper still if the fed hint at a rate rise what with oil priced in dollars. Found some articles which may be of interest. http://www.marketwatch.com/story/3-reasons-to-stop-betting-that-oil-will-continue-to-plunge-2014-12-15?link=MW_popular http://www.marketwatch.com/story/four-oil-stocks-to-buy-now-2014-12-15