Autonomy Corporation Share Discussion Threads

[malctheraider] 04/4/2011 14:18

"What's up doc" FTSE Blue Autonomy down.

[malctheraider] 28/3/2011 11:20

I would not be to hasty. Some more downside i think.

[only who?] 27/3/2011 13:15

Seems to me they could have dragged the price down deliberately because they knew the acquisition was coming and wanted to buy in. It would be more than a little suspicious if there's news tomorrow or Tues, followed by a re-rating. But maybe it's just naive to think the market isn't controlled by insider trading barstewards.

[jojo_jo] 25/3/2011 16:34

Just ridiculous, exaggerated downgrading (like October last year) to scare, short and profit. JPM are a big name so can influence the market. Clearly nothing has changed since Panmure Gordon and Matrix last rated the stock two weeks ago, so this is just nonsense.
I hope nobody here got sucked in by this.

Clubby must have been caught long or gone on his hols!

[only who?] 25/3/2011 16:21

Let's hope Clubbedman went long yesterday.

[amt] 25/3/2011 16:10

Date Broker name New Price Old price target New price target Broker change
25-Mar-11 JP Morgan Cazenove Underweight 0.000p 1,000.00p - Reiteration
09-Mar-11 Panmure Gordon Buy 1,690.00p 1,882.00p - Reiteration
08-Mar-11 Matrix Group Buy 1,652.00p - 2,000.00p New Coverage
01-Mar-11 Panmure Gordon Buy 1,652.00p 1,882.00p - Reiteration

[malctheraider] 25/3/2011 16:07

If they were getting paid for guessing correctly, and losing money for wrong predictions bet they would be a big more truthfull.

[amt] 25/3/2011 16:02

How do they know earnings are deteriorating. Nothing has been announced to the market as far as I can see. Thats what is so annoying about these people. They should not be given anymore information than the rest of us.

[jojo_jo] 25/3/2011 16:01

JPM short it hard and downgrade it excessively just to scare people into selling. The rest is mostly automatic sales as stops get taken out. 4% down is a huge earner for JPM who probably work on 40x leverage (ie 4 x 40 = 160% profit). Millions made at the expense of the little guys.

Normally this would have reacted positively to the Oracle results. The JPM note put paid to that.

[jojo_jo] 25/3/2011 15:31

Like said JPM just downgrading pre-shorting it to make a quick couple of million. Succeeded, down 3.5%. Easy money for banks with unlimited resources. Shouldn't be allowed, but seems to be common practice.
Someone will upgrade tomorrow or the next day and we'll be back up again. I don't see how earnings can be deteriorating. They've had some record breaking contracts recently, although they will take time to show up in the accounts. On a forward looking (2011/12) basis this is worth more than its current share price

[malctheraider] 25/3/2011 15:28

Looks like broker report has tumbled Autonomy why do shareholders listen to them.

[ukinvestor220] 25/3/2011 15:20

there was a counter report by some other broker but i dont have the details

[only who?] 25/3/2011 14:07

Yes, AU's in such a terrible state that they might as well give up. Just ask Clubby!

[ukinvestor220] 25/3/2011 12:37

Brokers having a stab today to try and make some money in the volatility

Subject:
Date: Fri 25th Mar 2011 9:06:07
Region:
Market sector:
Company: Autonomy Corporation PLC


DJ MARKET TALK: Autonomy Earnings Deteriorating - JPMorgan


0906 GMT [Dow Jones] Autonomy's (AU.LN) earnings are deteriorating and its rating remains too high, says JPMorgan Cazenove. "The earnings quality is poor and deteriorating, revenue and cost objectives have been missed, the outlook is significantly lower than historical norms and yet the stock trades at a premium to the sector at 26.5x 11E adjusted earnings," notes JPMorgan. Underlying metrics, such as cash conversion, working capital outflows and growth in trade receivables remain poor relative to the brokerage's expectations. JPM has the stock at underweight with 1000p price target. Shares down 1% at 1622p. ([e-mail])



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(END) Dow Jones Newswires

March 25, 2011 05:06 ET (09:06 GMT)

Copyright(c) 2011, Dow Jones & Company Inc.

[alan@bj] 23/3/2011 16:24

Very True! And very glad my suspicions were incorrect. Let's hope there's good news tomorrow.

[only who?] 23/3/2011 15:56

Who cares - it's just a pleasant change not to see endless 'Clubby up £12m today', 'Clubby right again', Clubby is a genius' posts.

[alan@bj] 23/3/2011 09:23

Bit of nervousness today about what will be announced/not announced tomorrow?

[only who?] 23/3/2011 08:01

Strange how Clubby doesn't tell us about his failures. I thought AU. held up pretty well, considering what was going on. What happened to the promised 1400 and 1200, Clubbed?!

[jojo_jo] 21/3/2011 10:42

A couple of days later... and 'all change'.

[jojo_jo] 17/3/2011 15:15

Software sector broadly down, presumably an analysts downgrade. Once this happens all traders/MMs sell or leave alone, as the analysts, brokers and MMs are all interlinked or work for the same umbrella companies.
Someone will upgrade a stock or the sector tomorrow or the day after and it'll be all change.