|For all you chart believers CMS has broken through 50p on good volume today which it hasn't done for over a year. Hopefully onwards and upwards.|
|Can't be anything but good for Taptica when businesses are looking where to spend their advertising budgets.
|Another good announcement from ARS this morning with timeline given for completion of drilling by 31/3. Additional drill brought in to ensure this happens. Resource update will follow shortly after and should show a large increase in the NPV. Given that the share price is already trading at a substantial discount to the current NPV, hopefully this will keep the momentum going that has seen these rise by 75% since I mentioned them here. Management team is top notch. Outlook for copper price was good, prior to the recent strikes that have been announced at substantial copper mines. Proactive investor interview.
Received the first tranche of money from the MBO of CHT yesterday and increased my position in KENV as I had said that I wanted to. Will look to add more when I receive the balance, if the price hasn't run away from me. They are strongly bid in the market again today.
Nice to see DX recovering a little over the last couple of days. Gatemore have been very active buyers since the trading statement having doubled their holding on the day of the trading update. They obviously see value and I have to assume that they are going to use their holding to shake things up a little.|
|Really poor trading update from DX Group this morning. Deterioration from the update at end of November has caught me by surprise and so I have left a sell order in this morning.
Edit:Didn't manage to sell as price fell beyond my limit price. For what they are worth now I might as well tuck them away. Real shame as I have and continue to have a good start to the year but this has just taken a bit of gloss off it.|
|Rather belatedly read the tip on TEF in the IC – kicking myself for having to pay an extra 10p but yesterday decided to buy in any event. Technically the True Strength Indicator (thnx for that Indicator intro Lucky Mouse) shows we’ve now broken out of the downtrend. Personal targets are 472p for a 10% gain; then on to 400p for an overall 18% gain:
free stock charts from uk.advfn.com
free stock charts from uk.advfn.com
free stock charts from uk.advfn.com|
|KENV back up 30% today now that the placing at 9p has been done to accelerate work at their mine. Who says the market isn't crooked with forward selling by placees. :-(
Good announcement on TAP today as they move into the Japanese mobile advertising market. This company can do no wrong presently and I believe was greatly undervalued prior to todays news so even more so now. Fantastic cash generation that I am sure shareholders will see the majority of in dividends and so can see this evolving into a high dividend growth stock.|
|Good move on ARS today and finally closed above the 3p area. Hopefully will hold tomorrow and carry on moving up.
KENV has dropped back since reaching a high of 15p which was 150% up on where I mentioned them. Not too disappointed as my position is very small as no funds available. Hopefully funds from CHT will come through in the next few days and I can take advantage of the drop in price to get a bit more skin in the game.
CHT should be a 40%+ gain just not sure what I am going to get out of it with US withholding tax the first hurdle to overcome and then not knowing how much the promissory notes are going to be worth in 7 years. With the way Parmar has behaved I am not expecting his promise to be worth much.|
|SpectoAcc - never heard of that one - incredibly unlucky! You would have thought not possible or a legal case of serious misrepresentation could be had to unwind the deal?
Also if the target co was a bit of a scam - what a brilliant way to make a co literally disappear...!|
|Announcement after hours to say completion now on Monday. Will just be glad to see an end to the saga now. Should have been so much better than it is going to end up being and considerably more hassle.|
|My favourite was from a few years ago, but I forget the companies involved - was an all-share takeover, all seemed to go through OK, target's shares delisted on AIM, the next day the acquiring company announced it was bust! But as the deal had technically completed, that was that for the target co - instead of the tidy premium from the takeover, they got zero and ended up with no shares.|
|Just when you think things are ticking along something comes out of the woodwork. In my case the CHT takeover that was due to be done yesterday. Haven't a clue what is going on other than shares suspended, Parmar not able to meet the timetable for completing the deal and press regarding shady deals etc. Beats watching the telly I suppose.|
|JDT is ex dividend now and the share price shows it. This is to be wound up in November and the amount that will be paid out is uncertain. I have made a bit getting in and was out before the present XD but still a lot of buys. With the large spread presumably one has to cash in at some point.|
|Few announcements on co's I am invested in.
TAP very positive with yet another upgrade to profits for Y/E 2016. Trading has continued to be very strong at start of year. Cash pile growing strongly.
KENV looks overall positive but slight delay on revenue. Glitch with equipment but in hand and being sorted.
RTN doesn't look great but probably expected. Still think the bad news was already in the price but a very cautionary outlook statement for 2017 which I am sure is hitting the price as I type. Greatly reduced my exposure last year and happy that I did so while the turnaround takes place.|
|My favourites are APT, AASC, and JZCC at the moment- all with a bit of downside protection.|
|Good announcement on ARS today. Nice interview with company re todays RNS on link below. 18 mins 43 secs in.
KENV, even with todays pull back has gone above multi year high on the chart.
TAP pushing above £2 at all time highs.|
|Private investors ditching Buy-to-Let and moving across to buying tertiary commercial property. A trend we noted last year, but that article adds some meat to the bone. Good news for LSR specifically:
|Article on KENV in shares magazine. Has risen strongly already this year.
|Housebuilders since 1st January:
free stock charts from uk.advfn.com|
|Well done on CRST Skyship. Personally was in at £3.50 last year and happy to let it play out for a while yet as the financial data shows that CRST is trading at a discount to its' peer group. Never knew ST recommended housebuilders every year but will make a mental note to look at prices towards the year end if I have sold CRST in the meantime.
|Sorry....rather late to post the above.
Every year Simon Thompson (The IC) urges to buy the housebuilders on 1st January. It has been a very successful play.
This year he posted the above table; and already, as the prices show and following good figs from Persimmon, it has already proved profitable. Personally I played a few CRST @ 481p....sold today @ 515p.
I meant to share the above table; but didn't get around to it...sorry. Anyway, it still serves as a reminder should we see some short-term Market profit-taking and the chance of a 2nd bite at the cherry.|
|FTSE 350 Housebuilders' key financial data
Company........Price(p).MCap Sp change..Price/..Fwd...Fwd.....Net Cash...YrEnd
.............................. 2016.....Book Yld....PER......................
Barratt.........466p....£4.7bn -26.1% 1.17 7.7% 8.5 £592m Jun 2017
Bellway.......2,453p....£3.0bn -12.7% 1.53 4.7% 7.1 £26.5m Jul 2017
Berkeley (*1).2,808p....£3.9bn -23.9% 1.98 7.1% 7.0 £208m Apr 2017
Bovis...........820p....£1.1bn -19.2% 1.14 5.6% 7.9 (£8m) Dec 2017
C/Side Prop.....241p....£1.1bn na.... 1.83 3.0% 9.9 £12m Sep 2017
Crest Nicholson.456p....£1.1bn -18.7% 1.77 7.9% 6.3 £77m Oct 2017
Galliford Try.1,291p....£1.1bn -15.3% 1.78 7.5% 8.3 (£8.7m) Jun 2017
Persimmon.....1,768p....£5.4bn -12.4% 2.33 6.2% 8.5 £462m Dec 2017
Redrow..........427p....£1.6bn -8.7% 1.55 3.2% 7.3 (£139m) Jun 2017
Taylor Wimpey...156p....£5.1bn -24.4% 1.97 8.8% 8.0 £360m Dec 2017
Notes: 1. Berkeley Group is returning 200p a share per year including buybacks, and 1,000p in total in the five years to September 2021
Source: Forward PE and dividend yields based on forecasts from Peel Hunt|
|Thanks Skyship for setting up the thread.
Starting the year with the following shares, most of which I commented on, on the 2016 thread and so won't repeat and bore the few that are here.
If I had to pick a few for big gains then it would be the more speculative and ones that should have good news flow during 2017, which are: ARS,BNN,KENV & PANR.
ATB to everyone for 2017 and as I say every year as long as it is a healthy one then nothing else really matters at the end of the day.
Edit:Oops forgot ASX:SYT which would also get added to the big gains list.|
|I am still here, but have been on christmas/ new year escape. Many thanks for your report, as always, Sky.|
|Sky - looks like there aren't many of us left. Many thanks for setting up the thread and best wishes for 2017|