Abrdn Property Income Share Discussion Threads

[sportbilly1976] 11/12/2012 07:50

Smudge,

true - I'm still of the opinion that something will coem with regards to the sale process and am quite shocked that it is nearly 7 weeks now and we still haven't heard of an offer put forwards

[smudgeroo] 11/12/2012 07:00

Cracking chart SB. A repeat of the early 2012 rise will bring us bang up to the 90 level which both you and I highlighted previously is likely to be an area of some resistance. It would be nice though if a bidding war broke out between potential buyers coupled with a good old fashioned CR bun fight to take us over the £1 level.

[sportbilly1976] 10/12/2012 22:36

Heres what I tried to draw earlier...

[sportbilly1976] 10/12/2012 14:29

nice to see the buying ocntinue despite the widened spread tactics from the MM's.

L2 please?
tia

[sportbilly1976] 10/12/2012 12:30

CR,

I thought API to date has been a tight ship...you suggesting something is to come re the sale process?

[greenroom78] 10/12/2012 12:11

Agreed, there has been a lot of large buys over the past week given the illiquidity here (10k-20k is large IMO).

This is the bun fight you predicted though, no one wanted them at 69p on the day of the results. a week or two later and they are falling over themselves to get them.

[cockneyrebel] 10/12/2012 12:02

Looks like news driving this to me, imo.

CR

[interceptor2] 10/12/2012 11:42

But she is on her way to the shower room :o)

Nice chart sportbilly1976, agree with target price. At 83p these are still only on a forward per of 8.9 and 7.5, still good value.

ic2...

[aishah] 10/12/2012 11:40

90p exit not too distant now for a 9 bagger!

[edwardt] 10/12/2012 11:21

let's not pat ourselves on the back till the fat lady sings.

[sportbilly1976] 10/12/2012 11:20

going off the rising channels in place since the March spike, the initial target here is circa 90-92p

Uploaded with

[cockneyrebel] 10/12/2012 11:10

Ta Greenroom - will let you know :-)

CR

[sportbilly1976] 10/12/2012 11:07

A few taking advantage if the rise - 67% sells this am on IG (i.e longs closing)

[sportbilly1976] 10/12/2012 11:01

almost there myself for my s'bets which were opened during Oct to mid-Nov....will keep them running too :)

[greenroom78] 10/12/2012 11:00

Nice, sudden rush of buying - it was red last time I looked.

Well done CR - I'll look forward to next years 100% 'tip'!

[cockneyrebel] 10/12/2012 10:54

Holding for more tho :-)

CR

[cockneyrebel] 10/12/2012 10:53

That's a one bagger for me since the start of the year :-)

CR

[sportbilly1976] 10/12/2012 10:52

spread opening up to deter buying....

[edwardt] 10/12/2012 10:34

would be nice to put this to bed by x-mas

[sportbilly1976] 07/12/2012 20:11

ic2,

that theory makes sense, after all there is only so long you are willing to hold and not take a hit before moving on...

90% fall from '97 to '02 for a non-IT stock must have been slightly unusual though

[interceptor2] 07/12/2012 20:03

A very nice end to the week here :o)

I have read a few books on charting, and they seem to agree that old resistance over two years old shouldn't have much influence. The reason is that what holds the price back from a break out is stale bulls from a previous resistance level. So there shouldn't be too many still waiting to sell after more than two years back.

ic2...

[sportbilly1976] 07/12/2012 19:55

How much memory does the market have?

On a resistance line here, with a further one to come around the 90p level



Although zooming out and looking further back shows where this has come from - I daresay it is a completely different beast now though, but its nice to dream :)

[cockneyrebel] 07/12/2012 18:19

yes sportbilly a 4.75 increase here - that's some girth ah? :-)

CR

[cfro] 07/12/2012 18:04

What a day !! :0))

[sportbilly1976] 07/12/2012 16:35

80p close...that'll do nicely as a springboard for next week