Gyg Share Discussion Threads

[maddox] 28/11/2006 10:02

Hi guys,

GYG is very sensitive to the Dollar at least when its falling. Disappointing but the effect is temporary as it effects GYG's profit translation only. GYG's costs are also matched in Dollars so margins are largely untouched and so are the fundamentals. With the merger and rationalisation out of the way the sales performance should be good; but considering it has managed to maintain sales dispite the merger distraction we cannnot expect too much.

Regards, Maddox

[pearlfisher] 27/11/2006 21:19

My feelings also. No doubt in a few days we will learn which of the institutions cut back their exposure. The dollars loss in value was bound to hit GYG with its US earnings. Suspect it may be a rather turbulent week with various economic statistics coming out of the US. As you say, frustrating, but the Dow at 12350 last week was always pushing its luck. It is now down 200 points and hopefully by the end of the week, wherever it settles, we will have a new platform to build on.

[le mass du pap] 27/11/2006 17:18

Very frustrating. All we wanted was a reasonably steady period in the market for this to follow it's course upwards. It performed well last week with interest returning and it looked odds on to go above 380p. But with the car crash market and falling dollar today and the back end of last week, it's been pulled down and taken out some stops and punters with it. Of course that leads to a viscious cycle and it drops by silly levels. But it's worth remembering that the mechanics by which this stock trades can lead to big jumps or falls. It actually started the day up. The 2 x 1m trades could be buys or sells. The offer did touch 355.25 for a short while before bouncing a bit, which is the price of those trades. So it's either a case of someone taking advantage of the sh*tty state of the market and getting in at rock bottom, or it was those trades that helped send it down. Either way I am concerned but not panicking as the fundamentals are the same, directors have been buying and we haven't broken through support. It may just take a bit longer now to reach those highs. As I said, very frustrating.

[pearlfisher] 27/11/2006 17:05

The one consistency with this share is that when it falls you know about it! Block of 1M sold this afternoon - thoughts anyone?

[johnroger] 21/11/2006 15:44

Welcome grigor and thanks for your input. Looking good for a climb back to this years high.

[grigor] 21/11/2006 00:39

Just hopped on board - Successful business and an attractive target



Adoption of New Technologies Will Rapidly Drive US Gynecology Market

Gynecologists are quickly adopting minimally invasive procedures, according to a new report from Millennium Research Group.




A hidden gem

[le mass du pap] 16/11/2006 11:43

Well the bounce came from support at 351, nice rise so far today. The drop always looked overdone, maybe it was so our non-exec director could get in cheap. I'm now thinking that 380 in a months time is a little conservative. lol.

[le mass du pap] 14/11/2006 15:59

I think you have me confused with Mystic meg. However, 380-385 is an interesting level as it has provided resistance on the last couple of cycles. Should this be broken then 400 is well within reach. If we sail past that then 420 is the next stop before the fresh air above. I would guess that if we start to climb back towards the 380 level then interest will grow and with it volume/momentum. This may be enough to break the 380-385 level on the third attempt(quite often the case) and then 400 is the next psychological barrier, although it was easily crossed at the start of the year. In a months time I would expect us to be above the 380 mark
providing there are no nasty surprises. That is, of course, where your scepticism of charting is true. No one can predict when a dodgy bit of news may come out whether it is company related or more general. So I tend to rely on charts for entry and exit points from fundamental things such as trends, cycles, resistance, support etc..... Charting can show how the market interprets important levels and so it helps the chartist make an educated 'guess' as to which way it will react. Can I ask what you have based your guess on?

[wad collector] 14/11/2006 15:28

OK, where do you think we will be in a months time? I guess about 380.Hazard a chartists estimate.

[le mass du pap] 14/11/2006 13:09

wad collector - 14 Nov'06 - 12:50 - 62 of 63

That's your opinion and you are entitled to it, but I would never buy a share without looking at the chart first! I personally think a great deal can be gleaned from them and I use them a lot in making my investment choices along with the usual research. The problem is that the people who knock them usually don't understand them. Even basic stuff like determining the trend, cycle, support and resistence points is very useful and can only be seen from studying the charts.

Johnroger

Yep. Good to see the directors chipping in. I think he's got a bargain ;-)

[johnroger] 14/11/2006 12:58

One director thinks it's going up!

GYRUS GROUP PLC ("Gyrus" or "the Company")



Notification Of Interests Of Directors And Connected Persons



The Company has been advised today that John Rennocks, non-executive director,
purchased 5,000 ordinary shares at 353.25p today, 14 November 2006. His total
holding following this notification is 5,000 (0.03%) of the issued ordinary
share capital of the Company.

[wad collector] 14/11/2006 12:50

The trouble with chartism is that ultimately, charts only show us the past.It is a kind of psuedoscience.If the patterns were that predictable , Chartists would gradually dominate the market, but partly informed guesswork remains most investors policy.I don't know whether GYR are going up or down, nor does anyone.

[le mass du pap] 14/11/2006 12:14

Looks like it may have found support at 350. I agree pearlfisher, volumes are light and as such it has drifted. But I also think the drop is overdone and is encouraging sells which in turn feeds the drop etc. Should they move the price up then it will attract new money and therefore momentum.

[pearlfisher] 14/11/2006 10:02

Le Mas -
Volumes have been very light recently so pricing is being affected by relatively small trades. Still confident and topped up last week at 357.

[le mass du pap] 06/11/2006 13:47

Oh well. Support at 356?

[le mass du pap] 31/10/2006 17:37

That will do. Mid price close was actually around 364p. I expect we'll see a bounce back up over the next couple of days....hopefully. imho, dyor etc...


free stock charts from ADVFN.COM

[le mass du pap] 31/10/2006 12:33

Looking good for a rise if it can hold above 362.5 support.

[optimum] 12/10/2006 12:42

Maddox,
I agree - Gyrus would make an excellent bolt on for either Tyco or Johnson & Johnson or indeed any of a number of other big US medical companies.

Particuarly a good fit for J&J as Gyrus have a long history of working with them already.

Tyco has been quiet recently - perhaps it has lost its appetite for acquisistions or it is saving itself for a more considered purchase.

Lets hope that more than one bidder emerges.



Either on its own or as a potential bid target Gyrus is delivering good results. Lets hope the share price stabilises above £4 first though !!!!
I agree, there is more value to be obtained first.

[matt123d] 12/10/2006 11:24

400p in sight now. Buy!

[matt123d] 12/10/2006 10:41

This 380p resistance again! It's certainly top up time if it breaks.

[rivaldo] 10/10/2006 07:38

From today's FT - good to see a bit of bid speculation....



"Gyrus Group, the medical devices group, continued its good run. Its shares, 356p a week ago, advanced a further 2 per cent to 378½p. Traders said the shares were being driven by speculation that Gyrus could be a take-over target for Tyco or Johnson & Johnson. Another driving factor was a recent research note from Credit Suisse, in which the broker set a 478p target price citing the potential for significant margin enhancement."

And today's RNS about an investor day in the USA should keep things bubbling nicely.

[wjccghcc] 14/9/2006 16:09

Looks like it's going to add about 9mm op profit for the year. Throw in the $25mm cost savings and it doesn't look out of line for the sector.