Signature Aviation Share Discussion Threads

[master rsi] 23/12/2002 16:58

"Diamonds are for ever" laydies would say: H. Samuel, need only to sell a couple to get their coffers full green one's by the way.

[superprick] 23/12/2002 16:48

hmmmm... indalo..

I too have noted that other less well known but perhaps better quality jewellers are busy, but this only confirms my previous statement that everywhere is busy, an important point with H Samuel is that I did not see many (obvious) price reductions and no sale signs as is the case in other high street stores.
H Samuels are churning out your everymans essential stocking filler items (necklaces/bracelets/rings/watches) at prices which are going to net huge profits relative to what they actually pay for them.

I bought in at 66p and think there is every chance they will beat last xmas earnings, we will know more January 9th 2003, when Signet Group hold their xmas earnings conference.

dyor.

[indalo] 23/12/2002 15:26

I also looked into my local H Samuel today, and it was pretty quiet..while quality jewellers were very busy indeed.

Not saying that because I'm short, just an observation.

[superprick] 23/12/2002 14:27

Just been into town in my lunch hour...absolutely jam packed with shoppers
everywhere. I popped into H Samuels and it was heaving...could not move for all the spotty teenage boys buying cheap gold necklaces for their girlfriends, Earnst was not so busy but still had shoppers.

my family owns a small (15) chain of retail outlets which traditionally make most of their sales during xmas (they sell, clothes, cheap gifts, rings , bracelets..etc) and apparently this is shaping up to be the busiest xmas ever for them.

Consumers cutting back...no chance!!!

[indalo] 23/12/2002 10:15

Bantum, I hope you see the company you're in

I REST MY CASE!

[master rsi] 23/12/2002 10:08

bigman

Talking about big, I have a large one and does come out of the dark from time to time, more later.

But talking about big, lets says the profits we will make with Signet will be BIG enough to buy a few presents and some lef overs to cheer with a drink for a Prosperous New Year 2003.

[indalo] 23/12/2002 08:30

Bantum,

Look, all I've done is state my case, and trade accordingly...I don't know why you take it so personally. I expect moronic comments and animosity from Mr RSI, but for someone who "runs their own business" etc (and so presumably has a brain) you are very antagonistic.

It may have escaped your attention but I was RIGHT last time!...That's not to say I will be again, but a little humility and respect would not go amiss..ahh, but then I suppose evil shorters like myself do not deserve that.

Good luck with your long.

[yf23_1] 23/12/2002 03:01

Master RSI
"shoppers left the buying for the last 3 days before Christmas."

The last 3 days before xmas are 22-24th.
How come 'left' is in the past tense when 2/3 of the statement is in the future ?
You and the BBC must have a crystal ball.
Now if we rephrase that to

"In the opinion of ????? shoppers are leaving the buying for the last 3 days before Christmas."

I wonder who ????? is.
All those with a vested interest of a rising shareprice no doubt.

[zuke.] 22/12/2002 23:36

Bantam,,What model are you ?

[bantam175] 22/12/2002 23:20

Indalo,

You really shouldn't point out other peoples' spelling mistakes and then fill your own posts with them and grammatical errors :-)

I am more than double your age and your posts do show your immaturity. Also alas your 2 years experience means that you have only ever dealt in a falling market. I think you have a lot to learn. That said, I did not post to get in a slanging match with you or anyone else.

What I post is purely my own opinion, you make of it what you will.

I do not trade for a living. I run my own company and do not have the time or resouces to be diving in and out of the market all day.

As I have said, I buy undervalued stock hold it until I get a 20%+ profit and then sell. Very little risk, nice steady profits.

Oh and in case you are interested, my company deals directly with one of the worlds largest financial institutions and has done since you were in school, so I do know the business quite well.

If you decide to short again the best of luck to you. I think you will need it.

[master rsi] 22/12/2002 22:29

BBC news 24 - Analyst of retail jewellery reporting today, shoppers leaving the buying for the last 3 days before Christmas.

[moonblue] 22/12/2002 16:10

i think the old support at 72 will now be resistance master rsi...i havnt got a position ..had too much stuff to deal with at work....

[bigman] 22/12/2002 07:31

I am now interested in this stock having taken a reasonable position and will add to it on any weakness. Dont put much store in charts, but am interested in comparing like for like sales over each qtr and the timing of events in these qtrs. I expect sales and profit improvements and a share price in the new year with a 30% profit for me.

[indalo] 22/12/2002 03:02

Bantum,

-"I will sell these at 90p+ within 4 weeks, probably sooner.

Be warned, this will happen. Short at your peril"-




LOL...That is exactly what you said last time, just as I went short and made a nice profit!

Your posts are wrong in every respect...and expose your stupidity, imaturity (note the correct spelling Master GIT!) and poor understanding of trading.

The fact you "never short" is not something to be proud of...You are missing the best half of the market..I trade both long & short...Today I am short SIG...In a week or two I may be long for a rebound...It's all the same to me as long as I make a profit!....You on the other hand are too emotinally involved to be objective.

As for being a "newcomer"..and "not a pro"....well, I don't claim to be an expert (although I am in comparison to present company!!) but I'm 24, I've been trading two years, already I have my SFA's, IMC, and have spent a year on the trading floor of EVG...I now trade successfuly from home, for MYSELF, and am improving all the time. I'm quite comfortable that thanks!

[master rsi] 21/12/2002 22:46

superpete & Bantam175

Thanks for you support, at least I can see others have the same view as me.

Below is the post I done a couple weeks ago, and has worked again so far.

Master RSI - 05 Dec'02 - 14:22 - 44 of 92 edi
The Indicators are in the wrong position for buying, so I thing that is the reason for going down, the right time will be went RSI and Stochastic are both at lower end.
In previous times to get in was 7 Oct and 19 Nov so wait for another week at least.

[master rsi] 21/12/2002 21:52

moonblue

I know we had our disagrements with Anite, and it was very hard for you to admit that the share could bounce back, but it did and I managed a 12% in 8 days further falls after a month, but I was out.

But maybe you could say what you think is the share going just now for you "pupil" indalo we do not want to loose all this money just earn, Chistmas is coming.

For what I seen in previous comments, now you do go long from time to time, I suppose is the best practise, close the shorts and go long (doble gain).Maybe you took some notice of what I said some time back.

moonblue - 21 Nov'02 - 13:21 - 10 of 92
on reflection i can see i was wrong about 40p ...im long now ...good set of results ...and with xmas coming ..just the share to pop in your stocking drawer
moonblue - 02 Dec'02 - 10:00 - 25 of 92
im out for now..good luck

So I see you got in on 21 Nov. at around 78p and getting out 2 Dec. at about 89.5p, you could have got a couple pence better if just wait till the afternoon, and closer to you prediction of 92p, though could just not reached it.

Looking at the Indicators they look now just the same as when yo got in on the 21 Nov.

I did post this 2 week ago
Master RSI - 05 Dec'02 - 14:22 - 44 of 92 edi
The Indicators are in the wrong position for buying, so I thing that is the reason for going down, the right time will be went RSI and Stochastic are both at lower end.
In previous times to get in was 7 Oct and 19 Nov so wait for another week at least.

[moonblue] 21/12/2002 17:28

this thread opened when the price was above 90p...its being shorted by much bigger guns ...

[indalo] 21/12/2002 00:38

Smokey, I was going to point that out, but since he doesn't know how to use it anyway, I decided not to bother!

-"You are losing the plot in this one because, is not one Indicator, but 3 of them at the same time at that is very bullish."-...ROTFLMAO!!

If Mr RSI represents the average mentality of SIG buyers, this is a no brainer..lol (No offence to SIG buyers who DO have a brain..but this dude clearly doesn't!)

[smoketrader] 21/12/2002 00:25

By the way, the RSI on this site is wrong.

Best wishes
SmokeTrader

[bantam175] 20/12/2002 23:58

Indalo,

You are obviously not much of a pro and a newcomer to the game.

A lot of us got out at 80+ and back in just over 70. Your short earlier in the week was very lucky to come off (just a few to many stop losses hit) but as I said at the time I was and am grateful for the extra bargain price stock.

I never short. Only buy underpriced stock and sell at a profit.

So far this year have done well out of echo, griffin, vernalis, greenich (buying again shortly), and a few others that I prefer not to name now as I am not a tipper and work for myself ( although most of the above will probably go up more yet).

I take my 20%+ and am happy.

I will sell these at 90p+ within 4 weeks, probably sooner.

Be warned, this will happen. Short at your peril. I will buy everything you put out under 68.

[superpete] 20/12/2002 21:23

copy & paste

superpete - 20 Dec'02 - 18:00 - 22 of 22 edit


superpete - 11 Dec'02 - 13:52 - 50 of 90 edit
Negative press.Share price trading to lower lows. Chart suggests to me possible worse case scenario 50p-60p with 59p posted as possible target price.Watching and waiting until shorters have done their worst.IF 70p broken may consider taking punts in low 60's.I'll bow to goodfella's call on this one.imho.
.......................................................................................................................

Master RSI and/or Master SIR

Only grouch if there were one, is the fact that you have posted retrospectively after the event,i.e much later after you yourself had bought 64/65 ish?,share price already risen,market closed.This thread opened when share price risen to 70p which subsequently fell back and closed sub 70p today. i.e in hindsight, ideal time to get in was when you did.

Obviously congrats to you on buying at bottom and sitting on profits.SIG like many others is there to be traded.imho.dyor.

EDIT 8.30pm.: 70p support on the way down;70p resistance on the way up.Something to consider buying on the possible dips,69.5p or less before diving in 70-71. Shares never one way bet so there is always possibility of downside this side of 70p.Zale Corp(ZLC) trading $32.4-£32.98 currently up by 0.1%. Yes i do trade SIG.

Share price rose this time 2000 & 2001.Down on slower retail fears.Fourth quarter includes 70% of co. trading and therefore US important as far as earninigs/profits and not forgetting share price.imho.dyor.

Symbol Last Sale Change
Net / % Share Volume
ZLC $ 32.58 0.02 0.06% 222,000