Monday 5 October 2009

New contract for chreming group

LON:CHG - Chemring up 9% on the new of new contract with Kilgore Flare. Volume up 500%
A good buy if the share doesn't gap up or down more than 4% tomorrow.

Wednesday 26 August 2009

Earnings reports

Some shares with good earnings but lack volume...

Axis-Shield Interim Profits up +18% EPS up6.74p +136%

H & T Group Interim Profits up +28% EPS up 16.12p +48%

Admiral Group Interim Profits up +29% £ EPS ups 28.50p +4%

Aggreko Interim Profits up +23% EPS up 27.07p +58% (This had a breakout yesterday)

Hiscox Interim Profits up +42% EPS up 33.20p +53% - slowly drifting upwards...goes ex dividend next week

Sunday 10 May 2009

Share of Interest

Heritage Oil (HOIL)

..major discovery in the Kurdistan region of Iraq...

Share on the rise. Oil sector is generally on rise on rising oil prices.

Share of interest...

ISAT:

Profits up 23% in last quarter.

Recommendation from Goldman sachs . Has rised 7% on Friday after the recommendation.

May go up 20 to 30% from her....

Rally so far..

In last 6 weeks, market have risen more than 25%. There is still debate about where this is a bull market or whether this is a bear market rally. People who got in early in this rally have made some heatlthy profits. Miners and finance sectors have seen the biggest gain.

There is still some steam in this market. However some correction might be around the corner which is good for this rally. Some correctin will help for the next leg of rally...

Thursday 26 March 2009

Ridge Mining

..rally on bid news from AQP....both seems a buy after some pullback.

M&A SAATCHI

Earnings breakout.

Advertising agency M&C Saatchi posted an annual profit of £14.1m, up 14% from the year before and said trading for the first three months of 2009 was in line with company expectations.

Long and Short

Looking at the high volume breakout today, AQP and ENRC look convincing. Miners rallied on back of news from Rio that metal will rally in second half this year. Rio itself has doubled in last 6 months. These look a good bet for short to medium term.

BARC has trebelled in less than 1 month. Tomorrow's FT carried the headline that BARC will need raising cash soon. Time to short the stock.

Thursday 5 February 2009

British Gas - Earnings Breakout

British Gas had a high volume breakout of more 10% on good earnings report. This could be a good buy if there is follow through...

Mothercare - Earnings breakout


This share has rallied 40% in 3 months on earnings breakout. This is the kind of breakouts we should be looking for. Look at the smooth curve. It seems after a pause it starting its second leg up.

Wednesday 21 January 2009

Autonomy and Wynnstay

Search software specialist Autonomy made a strong finish to 2008, despite facing currency headwinds. Fourth quarter revenues rose to $145.4m from $111.1m in the fourth quarter of 2007, making full-year revenues $503.2m, versus $343.4m the year before. Profit before tax in the fourth quarter more than doubled to a record $70.5m from $32.9m, while full-year pre-tax profit jumped to $185.7m from $91.5m.

Welsh agricultural products supplier Wynnstay posted a 61% surge in pre-tax profit for the year ended 31 October 2008 after 'very strong trading' across its agricultural and retail activities. Pre-tax profit rose to £5.22m from £3.25m in the period on revenues that increased by 49% to £234.6m. Agricultural business revenue increased 52% and operating profit up 112%, while specialist retail arm rose 42% with operating profit rising 45%.

Friday 2 January 2009

A new year Rally

Today miners lifted FTSE but looking at the volume, the rise is not very convincing. Usually such low volume rallies are followed by a pullback or correction.

Only Logica, Antofagsta had slightly convincing volume.

Thursday 1 January 2009

Happy New Year

I heard the saying yesterday on one of the radio channels "Optimist is one who welcomes the new year, pessimist is one who waves good bye to old year".

There is sense of optimisn in the air. Everyone seems to believe that the worst is over and buried with 2008. I guess this is the kind of optimism that is required to kick start the things. Even though there are still some negative signals but I think over next few coming months we will see market improving.

wish you all a Happy and Prosperous new year.