Bank Of Georgia Share Discussion Threads

[it_trader] 20/10/2013 18:34

Mr Bluesky - question from newbie - occasionally you mention if a price breaks above a certain level etc go long in your opinion etc.Does this mean an intraday rise above a level, or end of day closing above?

[mr_bluesky] 20/10/2013 17:20

click on link below to reveal pretty picture on when to buy DXNS.





Mr Bluesky

[mr_bluesky] 20/10/2013 16:45

More shares looking potentially bullish and about to break out:

888: 167p

DNO: 706p

EVR: 133p

GRI: 184p

OML: 200p

GEMD: 166.5p

LOOK: 124.5p

QED: 93.5p

[mr_bluesky] 19/10/2013 15:38

just thought I would post this again as it is past the 16th October and the MACD has had a positive cross over.

ITS HUNTING SEASON FOLKS (The sound of horns in the distance)....

Mr_BlueSky
12 Oct'13 - 15:40 - 115 of 121 0 0 edit

I like to Keep things simple when trading and there is no simpler strategy around then the one that says "buy blue chips when the MACD crosses over on the FTSE 100 daily chart for the first time after October 16th" known as the six month cycle MACD strategy



Lets look at the recent history of the ftse 100(people that think historic charts cant help predict future movements may want to stop reading at this point) to see if this strategy works.

Looking at last year the MACD crossed over while at 23 points below zero(-23) on November 22nd when the FTSE 100 was 5,700,the RSI was 51.It went on to rally to a high of 6,875 on May 22nd this year before correcting.

2011 saw the MACD cross over on November 30th from -35 when the FTSE 100 was at 5,300,RSI was at 57.It went on to rally to a high of 5,989 on March 14th 2012.

2010 saw the MACD cross over at -11 on December 3rd when the FTSE 100 was 5,720,RSI at 53.It rallied to a high of 6,091 on Feb 14 2011.

so the evidence,especially for the last two years,is very strong in its favour.

If you look at the FTSE 100 daily chart now you will see that the MACD is at -23 and is looking to cross over,the RSI at 50 with the FTSE 100 at 6,489 as it stands.

In the last three examples I have given you the MACD has crossed over after October 16th from a similar area with the RSI in the 50's.

I would say that there is a strong case for a big rally,the santa rally,and the signal will be when the MACD crosses over after the 16th October.

Is the start of Xmas coming early this year?

Mr Bluesky

[mr_bluesky] 19/10/2013 14:47

HFD: 404p

MACD just crossed back over just over zero

RSI trending up just over 60

Price recovered back over 400p.

C.450p next target IMO.

Mr Bluesky

[mr_bluesky] 19/10/2013 10:25

SPRT: at 74.75p

nice bull bounce off the 200dma and with finals reporting on Tuesday it looks set to advance back up to recent highs of circa 80p and then hopefully a break through......maybe on results day or soon after IMO.


INCH: 624p

Looks bullish also but needs to break over 654p for confirmation of the next leg up of the advance.Trading statement this Thursday.

STOB: 127.25p

A break over 130p and 140p should be the next target.Needs MACD to cross over for confirmation but it looks potentially bullish to me and should break out IMO.......Interims on Thursday.

HOME: 181.60p

Interims on Wednesday also looking very bullish

Mr Bluesky

[mr_bluesky] 17/10/2013 19:35

PDG: price 35.75p

classic break out today with a MACD cross over and RSI in the 60's.

got back into to it today as I believe it is on the next part of its rally up.

Mr Bluesky

[mr_bluesky] 16/10/2013 07:28

I tipped these and bought in when this was 41p.

Very good interims today should see this move up to the next range IMO....


VTU interims:

· Revenues increased by 33.3% to £837.2m (2012 H1: £628.1m)

· Profit before tax up 68.6% to £8.6m (2012 H1: £5.1m(1))

· Adjusted(2) profit before tax up 79.6% to £8.8m (2012 H1: £4.9m(1))

· Balance sheet underpinned by freehold and long leasehold property portfolio of £104.5m (31 August 2012: £83.8m) and ungeared following the June 2013 placing of shares to raise £50m (gross)

· Cash conversion up 285% to £30.4m (2012 H1: £7.9m)

· Period end net cash of £25.7m (2012 H1: £2.2m)

· Earnings per share up 30.6% to 2.56p (2012 H1: 1.96p(1))

· Adjusted(2) earnings per share up 40.1% to 2.62p (2012 H1: 1.87p(1))

· Interim dividend up 20% to 0.3p per share (2012: 0.25p per share) to be paid in January 2014

· The Board anticipates full year results will be significantly ahead of market expectations

(1) prior year comparative figures have been restated following the Group's adoption of IAS19 (revised)

(2) adjusted for exceptional charges, amortisation of intangible assets and share based payments charge/credit



Operational Highlights

· Strong trading performance driven by favourable market conditions in vehicle sales and servicing

· Newly acquired Farnell Land Rover performing strongly and being integrated smoothly

· Growth strategy progressed with addition of seven further sales outlets since 1 March 2013

· Excellent progress made in turnaround of previous acquisitions aided by underlying market

· 19.6% like-for-like new retail volume increase with consistent margins

· Fleet car volumes rose 28.0% with market share gains

· Strong volume and margins in used cars led to 12.2% increase in like-for-like gross profit generation, up £2.8m

· Service revenues increased 6.9% on a like-for-like basis, reflecting ongoing success of customer retention strategy

· Aftersales margins strengthened on the back of strong like-for-like service margins, up from 75.5% to 76.2%

· Continued strong trading performance in September, with a 28.0% like-for-like new retail volume increase and continued market share gains

· September service revenues grew 9.4% on a like-for-like basis

[mreasygoing] 13/10/2013 14:48

Thanks for your input Mr Bluesky. The 'Pot Hole' also looks like a gap fill, which it looks like it needed before going higher. Broker upgrades recently and news of business disposals have yet to show in the price over the past month or so.

Hope you're right about the breakout next time. I reckon it will too :)

[mr_bluesky] 13/10/2013 08:33

mreasy:

Still on.

DXNS has had a "pot hole" incident shown on your chart where the price suddenly drops but bounces back quickly to the level before.

The next time the MACD crosses over I would put my money on that it will be the break out for real this time.

I have traded DXNS in the past and I will be getting back in once the MACD crosses.

Mr Bluesky

[mreasygoing] 12/10/2013 21:32

Still looking good for DXNS Mr Bluesky ? Big volume a few days ago aswell. Breakout to the upside soon do you think ?

[mr_bluesky] 05/10/2013 15:13

I said a while back that the FTSE 350 miners chart looked to be setting up and inverted head and shoulders which could well turn out to be long term bullish for miners if it breaks up through the neck line.

Here's the chart.

Miners ftse 350 daily chart 03/10/13

The above chart shows that the ftse miners 350 chart is in a possible Inverted head and shoulders.

The green line on the chart is the descending resistance and support line dating back form April 2011 and it could well be tested at circa 15,500 before it bounces off and up to head towards the neck line if the IH&S shown with the yellow line.

a break back over the neck line at c.17,000 and I would say it will be time to go long on Ftse 350 Miners IMO.

The first sign of a turn around will be for the MACD on the daily chart to cross back over.

Mr Bluesky

[mr_bluesky] 30/9/2013 22:41

VTU now at 53p:

I mentioned that when VTU was 41p that it was about to break out.

It did and it is where we are now.

The good news is is that it is about to break out again with the next target of 70p.

Interims expected 16th October

Mr Bluesky

[mr_bluesky] 30/9/2013 18:58

SIV now at 180p today having broken out proper.

not to late to get in before results on the 1st October.


Mr_BlueSky
16 Sep'13 - 15:30

When 170p breaks through and holds for SIV now at 165p.......prelims 1st October.

IMO

Mr Bluesky

[mr_bluesky] 30/9/2013 14:44

DEB at 102p:

Nearly time to get back into DEB as it has come back to back test the break out and the MACD is about to cross over.

I personally would wait until the MACD has crossed over or for the even more cautious wait for 110p to be cleared before an entry.

Mr Bluesky

[big7ime] 29/9/2013 22:16

Just take a look at the chart for ATC and add that to the P/e of 2.5..

[minky] 29/9/2013 21:02

Weeky suggests this will go up. Just coming out of a long downtrend.

[mr_bluesky] 29/9/2013 09:21

Morning:

just had a quick look at DSC and it does look to be in an extended version of a pennant rather then a bull flag.

They can break out either way up or down,but seeing as the MACD has just trickled back into the +ve area I would favour the beak out up.

Look for a move on increased volume to confirm or wait until 210p has been broken through before getting bullish on it IMO.

Mr Bluesky

[skyship] 29/9/2013 08:55

G'morning BlueSky - what did you think of that DSC flag? Seems to fit the bill - now just a matter of waiting for the break. I am a holder & topped up at the lower levels of the flag process.

I sold your WIN far too soon; but am confident DSC will reclaim the profits surrendered by doing so...

[mr_bluesky] 29/9/2013 08:40

HFD at 394p:

Have a trading statement on Thursday.

after last time this was at this price only the brave or foolish would buy in before as there was rapid drop in price on the last RNS.

A break over 413p and held and it should target 460p to 500p.

Mr Bluesky

[bingowing] 28/9/2013 18:37

Forgive me. I meant. JLT. Not JLP. (Not into miners)


Looks ready to explode IMO.

[mr_bluesky] 28/9/2013 17:11

bingo: JLP upbeat statement on the future but charts not great IMO.

AQP chart looking much better.

Mreasy: DXNS still in bull flag and looking good so agree with that.

Mad: you are welcome.

Mr Bluesky

[madigansar] 28/9/2013 17:04

Thanks Mr BlueSky - I will watch closely. The history of NEW is not pretty but the company may be on the cusp of a fresh start although massive dilution will impact any real recovery. I have added your thread as a favourite as I am still learning and will drop by to follow your charts:-). Madi

[mreasygoing] 28/9/2013 16:57

A close above 48p for DXNS is one to watch Mr_Bluesky. 55p should follow quickly after that. I'm expecting plenty of broker upgrades now the Pixmania deal is done.