Broadcastle Share Discussion Threads

[churchtower] 17/12/2003 10:32

Moved to yet another all time high this morning. Looking very strong. An example of the old maxim 'always buy a rising share never a falling one'. CH.

[moorsy] 12/12/2003 14:37

I'm in !!!

[churchtower] 12/12/2003 12:24

Threatening to break out to a further all time high. CH.

[diogenesj] 11/12/2003 15:40

Not as cheap as it was, but still good value and a good yield imo.

[churchtower] 11/12/2003 15:34

Sorry to see two thirds of you go Dumpling. You may well have made a sensible decision, but as far as I can see technical indicators such as volume accumulation (all time high) do not indicate anything other than a strong share which continues to be bought on it's fundamental and dividend value. CH.

[dumpling] 11/12/2003 14:11

I have just sold 2/3 of my holding having bought at 47 3/4. There is only one market maker offering 76 1/2, three at 75 and one at 74. Hopefully the sale will go through 1 market maker - fingers crossed as NMS is only 2500.

The reason I am selling is that I feel the market generally is starting a concerted bear phase again. The FTSE 250 the first to show and the small CAPS later.

All the best.

[diogenesj] 21/11/2003 23:34

Still good value at 76.5p, but it's not worth 100p and I would sell if it got anywhere near that in the next few months.

[churchtower] 21/11/2003 10:25

Volume Accumulation indicator at an all time high. Looking very strong, but we may shortly see a pause for breath at these levels before further upward movement. CH.

[washbrook] 14/11/2003 22:30

Since the bottom on 9.1.03 @47p has now entered new ground passing it's previous high of 63p on 30.8.2002 managed to break that on 31.7.03.
Should get to 100p next stop maybe some time in 2004.

[washbrook] 14/11/2003 22:27

Since the bottom on 9.1.03 @47p has now entered new ground passing it's previous high of 63p on 30.8.2002 managed to break that on 31.7.03.
Should get to 100p next stop maybe some time in 2004.

[washbrook] 14/11/2003 22:17

14.11.03 :+3, (73) IC say Buy (69p) - A good performance by the group's operating divisions underlies the rise in first-half profits. Currently trading on nine times forecast earnings for 2005, and with a prospective dividend yield of more than 6%, this makes the shares still look attractive. A well run and growing business and although the shares are currently trading close to their all-time high, they still look cheap. BULL POINTS: Company has reduced its risk profile, It is well-placed in niche markets, Fee income continues to grow. BEAR POINTS: Shares are tightly held, Bad debt remains a risk.

[washbrook] 14/11/2003 22:16

14.11.03 :+3, (73) IC say Buy (69p) - A good performance by the group's operating divisions underlies the rise in first-half profits. Currently trading on nine times forecast earnings for 2005, and with a prospective dividend yield of more than 6%, this makes the shares still look attractive. A well run and growing business and although the shares are currently trading close to their all-time high, they still look cheap. BULL POINTS: Company has reduced its risk profile, It is well-placed in niche markets, Fee income continues to grow. BEAR POINTS: Shares are tightly held, Bad debt remains a risk.

[diogenesj] 14/11/2003 16:01

78p would mean a prospective PE of about 11 at end 2004. Seems reasonable, in fact I could see it going a little higher with a fair wind, given the generous yield and steady progress. Just meant that it has risen almost 50% since March, so the IC are a bit late on the scene with their tip.

[churchtower] 14/11/2003 10:05

This is certainly not a day trader's stock but one to hold for income and growth in the longer term. I have been predicting a rise to 78 since July and it is slowly making it's way there. The chart is looking very strong with higher lows and a narrowing upward axis between resistance and support. I am more than happy to retain my 15K holding. CH.

[diogenesj] 14/11/2003 09:52

Well worth holding, but the IC have as usual tipped something that has risen rather than something with a big rise ahead of it. Still, it's pushed the price up a little, which always makes us holders feel a little better. :-)

[churchtower] 14/11/2003 08:31

BUY recommendation in IC this morning. Cynical to think that this might have caused the 1.50p move yesterday. IMO this is well worth holding. Growth and prospective yield of 6.0%. CH.

[churchtower] 13/11/2003 12:34

Moving off a support line in an upward standard error channel dating back to 9.01.03. Worth a further look. CH.

[churchtower] 10/11/2003 22:18

C2I - Thanks - Parity has exceeded my expectations. My other holdings apart from Broadcastle include Dyson Group, Clarkson, Watermark, WSP, Inter Link Foods, Metnor, Severfield Rowen and Metalrax. Cheers - CH.

[contrarian2investor] 07/11/2003 21:52

CH - SPOT ON TO YOU- I see that the buyers have returned to Parity. It has had a decent rise since 23/10/03.Good call. All the best with your other selections. C2I.

[contrarian2investor] 23/10/2003 18:06

CH thanks for your reply. Even Warren Buffet states that one should not get emotionally attached to shareholdings. Your description of Parity as "an old friend" begs to question whether you are getting sentimental over a stock which previously made you a serious profit. Have you used PEGS, ROE or even Cashflow analysis in selecting to buy into Parity again? TIA. C2I

[churchtower] 22/10/2003 08:30

C2I - I am in fact Hamilkar. When it came to using ADVFN with a new computer I found it was easier to adopt a new name than fathom out how to convert Hamilkar, which the system kept rejecting. My strange sense of humour alighted upon the idea of announcing his demise. Nothing more than that I'm afraid. I was substantially influenced by Jim Slater and PEGS and still use such calculations in my buy decisions. Parity is an old friend having bought at the £2 level and sold at £6. I recently bought heavily at the 9p level and will be supporting the Rights Issue. Regards CH.

[contrarian2investor] 21/10/2003 22:27

churchtower - Good to have you back on board, another new high today.How serious are you about Hamilkar? I remember when Parity and the Slater Family were deemed to be the svengali's/guru's of the internet bubble. Alas both are now treated with the respect they deserve.

[churchtower] 20/10/2003 21:59

C2I - Sorry I have been out of the country for the last two weeks and Hamilkar sadly has passed away still clutching his Parity Rights Issue documents. BCS is confirming my anticipation of a rise to 78 and with the strength since the final breach of 68 on 7.10.03 it appears highly likely that 68 should now be regarded as the future bottom support level. CH.

[contrarian2investor] 11/10/2003 00:09

hamilkar,churchtower and dumpling where are you all.
This is a new all time high and you guys don't even have the courtesy to write on the bb for us that don't usually have the nerve to post, but enjoy reading others hardwork, viewpoint and input. I've held these for five years (ever since the John Lee article in the FT)and the only mistake I've made with bcs since was that I never to put them in my ISA. I will continue to hold and will be be speaking to my broker on Monday to transfer these little beauties accordingly to my ISA account.