Interserve Share Discussion Threads

[edmundshaw] 03/10/2016 08:22

Oh no! Another contract win! :-(

[dealer1972] 30/9/2016 10:23

Rather large gap to fill at 320p however which could be filled if negative sentiment and market volatility continues!

[lord gnome] 30/9/2016 09:01

At this rate it could get filled in the next few minutes.

[salpara111] 30/9/2016 08:58

Given that the share price pretty much doubled in the space of a few months a pull back was inevitable.
The big profits warnings from Mitie and then Capita yesterday has really hit sentiment in the sector.
I like IRV as it has a much more international footprint Vs Capita.
I have a limit order set for 350p so I guess I will see if it gets filled in the next few days.

[spoole5] 30/9/2016 08:12

Another big contract win would surely see 350 lol!!

[haywards26] 29/9/2016 13:51

Come on 350, I would like to top up :)

[edmundshaw] 28/9/2016 14:34

Well, so is this a head and shoulders that turned out not to be one? :-)

[edmundshaw] 28/9/2016 08:59

Personally I cannot see this going back down to 300p on fundamentals, so to be quite serious for a moment, I remain doubtful about the whole anti-dandruff speculation.

[dogwalker] 27/9/2016 22:21

Lord Gnome got it right. Well spotted.(!) But, in the scheme of things, is it a big event?
Are the shoulders broad enough to send the price that far down from now? There's also a broadening bottom , with £4.30 the immediate target - over a month or two , admittedly - which would ping us up the way again.

[edmundshaw] 27/9/2016 20:58

I mislaid my new glasses this morning, and wearing the old ones bought some more IRV. Now I have found the new glasses again and am wondering what I was doing...

Never underestimate the vital importance of a good quality dispensing practitioner of the Ophthalmic arts....

[hor_fra] 27/9/2016 20:55

bend1pa - oh no, I can see it perfectly now! Thank you very much for your explanation, although I do not like it one bit :-( Where would the support line be then, 300? 280? Oh lord. Not again.

[lord gnome] 27/9/2016 17:26

I am now wearing a new pair of specs and that chart is looking more and more like a head and shoulders formation. Sorry waddy but we must agree to differ. Charts are very useful, support, resistence, breakout (and breakdown) are all very important trading points to me. Each to their own I suppose. I just wish I had followed my own instinct and made that trading sell just below 400 on the right shoulder.

[edmundshaw] 27/9/2016 12:20

OK, the rise to 430p has been well and truly knocked on the head. But We are getting back to bargain territory now, and I have added back shares I sold on th rise over 400p. Keeping an overweight position here.

Compared to, say Clln, it is nice to (re-)read the statement about the pension position!!

[spoole5] 27/9/2016 09:44

Big contract win but the shares down?

[wad collector] 27/9/2016 08:30

Ah , the pseudo-scientific world of chartism...
If it goes up , it will go up further , unless of course it starts to go down again.

[bend1pa] 27/9/2016 01:50

Hor-fra - Í don't see any reverse H&S.

I'm considering a time frame of a year. H&S started late August forming 1st shoulder, and neckline around 390. Pattern completed mid Sept. Contract win is irrelevant as technical charts should be viewed independently of fundamentals. H&S predictions are about 75% accurate, so chances of a sharp fall from here are favourable. Next 2 months should bear this out. But this will probably turn out to be the 25% occurence that defies the odds. :-)

[hor_fra] 26/9/2016 17:32

Also, looking at the 1 year chart, could it not be an Inverse Head and Shoulders, and on top of that are we perhaps seeing a throwback move? ht tp://www.investopedia.com/university/charts/charts2.asp (This is me being optimistic, obviously! lol)

[hor_fra] 26/9/2016 16:43

Hi bend1pa,

could you please explain where exactly do you see a classic H&S here? What time frame are you considering, and where would be the neck line? Also, are we to assume this will 'form itself' in the absence of any news? That contract win the other day pushed it up, but it obviously didn't stay above 400 for long (a few hours!). Is this significant? I am still learning this, so thanks in advance for any input.

[bend1pa] 26/9/2016 15:50

Looks like a classic H&S to me, I'm afraid. Expecting this to fall at least sub 350 soon, maybe 320s before end of year. I'll have to see if more bad news emerges before deciding whether to top up.

[edmundshaw] 22/9/2016 08:49

Hm, perhaps I shouldn't have got my glasses from Tesco...

[dogwalker] 21/9/2016 17:22

Oh dear. We're below £4. I wouldn't have thought anything of it before this morning.

[edmundshaw] 21/9/2016 10:54

Yes, we'll see; well some of us... :)

[dogwalker] 21/9/2016 10:23

Aha, your earlier comment/post was before today's jump up, Lord G. Still, even going below £4 today shouldn't be that bad, I'd have thought. We'll see, as usual !

[lord gnome] 21/9/2016 09:40

Specsavers it is then, although I have seen short term H&S formations before from this position. You'll no doubt be pleased to know that if we hold above 400 today, then it shouldn't happen. Cheerful thought?