Member Info for uncletom

PWR - Saturday's Telegraph had the following article on Powerleague. It has had good performance for me thus far, and looks set to continue to perform well. "AS THE largest operator of five-a-side football centres in the UK, Powerleague is reaping the benefits of Britain’s get-fit boom. The company, chaired by former Amstrad and Tottenham Hotspur chief executive Claude Littner, recently reported a 21pc uplift in pre-tax profits to £1.7m, on sales up 15pc to £10.9m. It is now spending £1.4m on the refurbishment of eight of its 34 existing centres as well as opening new sites in Cardiff, Milton Keynes and London. The benefits of this expansion should start to come through in the year beginning July 2008. Shares have surged 26pc since Questor last tipped the company in October. But, while trading on a multiple of just 9.8 times 2008 earnings, it still represents better value than main rival Goals Soccer Centre at 14.3 times. Analysts have expressed minor concerns about the way Powerleague compiles its accounts but they say these should be addressed when it adopts International Financial Reporting Standards at its preliminary results in September. Powerleague’s financial year came to a close today and analysts are expecting profits of around £4.4m, up from £3.4m last year. BUY"

Yet again, heavy buying precedes the revealing of news into the public domain - this time about Notification of Institutional interest. Presumably this is seen to be positive in that RAB are not going to be interested in losing money. However, I believe that SUB has a long way to go before it even vaguely reaches a profit, and until salvage is recovered its just jewellery for the sea bed. What do you reckon Chan? RNS = "SubSea Resources plc ("the Company") announces that it received notification on 23 March 2007 that Fidelity International Limited is indirectly interested in 857,375 Ordinary Shares of 5p each in the capital of the Company representing 0.41 per. cent. of the Company's issued share capital. The notification states that Fidelity International Limited acts as nominee for Brown Bros Harriman Ltd Lux. SubSea Resources plc ("the Company") announces that it received notification on 20 March 2007 that RAB Special Situations (Master) Fund Limited is indirectly interested in 29,090,000 Ordinary Shares of 5p each in the capital of the Company representing 13.84 per. cent. of the Company's issued share capital. The notification states that RAB Capital Plc acts as investment manager for RAB Special Situations (Master) Fund Limited. RAB Capital Plc does not act as custodian for its clients and therefore the shares are held in the name of the custodian of its clients, which is Credit Suisse Client Nominees (UK) Limited.

Unsolicited phone calls trying to sell you shares are illegal under British/ FSA laws, but frequently operate from out of UK. They target people who have indicated interest in the stock market in the hope of raising some cash. In some instances they try to sell poorly performing shares in the hope of raising the sp for their own gains. In others you may simply lose your money entirely. Avoid at all costs, and ensure that you carry out your own due diligence checks before parting with any of your hard earned cash.

EUM - I'm not complaining, but the price has been rising day by day for the past week, and on no buys or much market activity. Might there be another reason for this, or is the company looking undervalued?

RNS out today forecasting further losses, but profit in the future. Strikes me as 'jam tomorrow..'. Heavy selling as a result, in the order of 36M sells today. Avoid now, but monitor.

The last 2 trades of yesterday are interesting. It could just be MM activity, or (?) director deals. Although they have been estimated as sells, could they in fact be buys? Any info or thoughts?

EUM - check RNS to see new reserves estimate of both gold and copper. Gold is approx 8 times higher, copper 10 times higher. The original estimates took sp to 65p last year. At 37p today it seems undervalued. Production is still a way off - this is a buy and hold.

Having been suspended on 08 Nov SUB is now trading again, but with a profit warning and new share placement, the sp is understandably sinking. Anyone still in or with thoughts here?

Happy days - not only has PowerLeague exceeded market expectation, but its announced its first dividend. Only small for now, but from tiny acorns...

PWR - continuing to do very well, profits up again. Shd attract some more newspaper tips and further rises. See RNS for more details.

Spratty. Long term I am sure that you are right. This marks a very positive buying opportunity, with definite long term strength. However, I would not be surprised if there's continuing weakness over the next several months as fears about the weakening US economy push all shares lower. I may well prove to be wrong, but if not that should provide yet more topping up opportunities. Good luck.

BLT - Spratty - its certainly fallen further than your buy, and despite bullish statement today, is currently down again. I think that this has further South to go before it all picks up I'm afraid.

PXC - If you haven't read the most recent statement yet, its worth a read. H1 profits up, 2 good acquisitions, improved market positioning due in part to their 'Hoff' based advertising. Clearly they will talk themselves up, but this remains a good company, with strong growth potential. This has long been one of GedW's tips, and I'd support him with this. The price is still cheap in comparison to before the market correction, so now could be a good time to get in. Buy.

MDY - Ok mate - You may be right. However. A. - the huge drop in shareprice came well before market correction in May - why?, and B - you've still not articulated your reasoning. What is this info? I've just started a new job, so I'm rarely online nowadays, but I'll try and respond as and when. Regards, Tom

Marshgad - you're right. Time was this board was buzzing with news, views and controversy. Now, all very quiet. I'm not sure whether its because people are licking their wounds or because they've emigrated to other boards. And if so - where? I like your thoughts about EEL - but I haven't yet done my research. Apart from a gambler's gut feeling that its oversold, why do you think that this will rise back up? It started losing a lot of value in March - well before the remainder of the market.

MDY - Gearbox - on 18 Apr 06 you 'guaranteed' that this would be up to 10p within days. 6 weeks later its still 3.35p, and falling. If you're really confident give some firm reasons why now this should be a better time to reinvest, otherwise you just appear to be a blatant ramper. Personally I won't touch it, but if you do stick in the rumoured 'six figure sum' then I wish you well.

BUR .. and now 6 weeks later we're at 816. Clearly BUR is taking a disproportionate kicking. For an expensive share its quite volatile, but has rewarded me well in the past. I can't see it going much lower (last words?) but then see its subsequent rise as being rapid too. For those who do CFDs, apparently that is a better way of trading expensive stocks like this. I'm still a CFD virgin though

Bloody markets indeed. And I'm fed up with smug people stating the 'sell in May' story. So. What's it all about? The fundamentals of none of these companies has changed over night. It is almost certainly emotional, with fear, and stop losses playing an effect. And, presumably, if some people have been burnt, then they are selling elsewhere to try and recoup some losses. The optimist in me sees this as a buying opportunity and a short term blip, but is it actually symptomatic of a larger correction? Clearly, if we knew all the answers we'd be minted by now, but do you have any other thoughts?

In fact, most financial data seems to have been lost. There's no longer the free streaming from digital look, nor the market news stories, nor the ability to run different graphs. Bit rubbish really

Like pigeons coming home to roost, people are drifting back. I like the new site BUT seem to have lost some useful functionality .. can't find list of recent trades as there used to be, it was good to have last 5 share chats on left hand toolbar, and the market overview was useful too. Anyway - since the markets sudden drop over last couple of days I have taken the chance to top up on some stocks. Was this premature though - we seem to have recovered a bit, but is the market still due further wobbles? Any opinions, or recent tips from the last month?