Alfred Mcalpine Share Discussion Threads

[miamisteve] 24/4/2007 13:10

They will have a healthy tax credit though which will partially offset those figures.

[gbb483] 24/4/2007 12:02

Why does it cost £17M ? That's ludicrous.

[wad collector] 24/4/2007 11:21

Looking at yesterdays statement , £30M cash loss and £17.5 to cover professional fees looks like an estimated £47.5M hit over the whole slate debacle.Or putting it another way , 2 years worth of pretax profit.Ouch!
The only good news is that the current capitalisation is still about £100M down on the pre -slate news value by todays prices.ie £600M became £500M.So perhaps it is still undervalued until it reaches about 550p.If all other things were equal.Which of course they are not.

[onlyonestorm] 24/4/2007 08:49

miamisteve

ARE YOU USING APPLE MACINTOSH?

You will need to have a fully updated version of Mac OSX and Safari. If you click on the apple logo and click on about this Mac, you will see the version of your OS.

If it's not 10.3, you will have to install updates to get to the latest version.

Click on this link, Mac OS X Update 10.3.8 (Combo), to update to the latest version.

STORMY

[ed 123] 24/4/2007 08:48

I use both mac and pc but I'm a long way from being an expert. I don't find any problem running ADVFN on the mac. Streaming is fine. My mac operating system is OS 10.4.7, if that makes a difference.

[gbb483] 24/4/2007 07:18

But then he's behind whatever firewall / ISP etc that ADVFN employ. You need an outsider's report.

[onlyonestorm] 24/4/2007 07:12

miamisteve - I was interested to know this as well so asked ADVFN'S MarkQ below is his response!!
Hope this helps.

Stormy

MarkQ (ADVFN) - 24 Apr'07 - 08:05 - 24359 of 24359


Onlyonestorm:

I've got a Mac beside me and never had any problems using it with our site.

[miamisteve] 24/4/2007 06:47

Off Topic - Was considering getting a new computer. Is it true that advfn doesn't run properly on apple macs?

[maiseymouse] 24/4/2007 06:12

not sure i agree with citigroup far too rich for my liking

[its the oxman] 23/4/2007 08:17

decent enough results and robust action over slate etc = more recovery in time - not surprised to see profit taking after the good recent run up though

[ed 123] 23/4/2007 07:07

Market not displeased.

Won't zoom back to 600p straight away, imho.

May be back to 550p with publication of interims in September. We'll see.

[markie7] 20/4/2007 10:18

interesting - results coming up - market is saying the fears were overdone.

[thewalrus] 19/4/2007 12:22

Reba, with a quick moving price and a tight bid/offer spread, the B/S indicator is often wrong. It is decided by the bid/offer price at the time the trade was reported, not always at the time the trade was actually made. Take no notice of it.

[gbb483] 19/4/2007 11:56

Alternatively you could just use the Help system and end up at this page and so avoid superfluous posts.

[reba] 19/4/2007 11:50

BETMAN

thank you for the information. it all seems very compicated. another thing i don't understand how can the price go up when there has been 2 mi sales and 1.2 mil buys ?

[betman] 19/4/2007 11:18

THIS SHOULD HELP

Trade Types
The London Stock Exchange has several types of trade.

Each has a one or two letter code.This is a complete list of the codes.

'O' Ordinary Trade (System will delay if over 6 x NMS)
A standard trade made through the Market Makers and dealt at normal settlement date.

'B' Broker to Broker
A transaction between two member firms where neither firm is registered as a market maker in The security in question and neither is a designated fund manager.

'EU' Euro Automated Trades

'ER' Euro Trades

'K' Block Trade
A transaction using the block trade facility.

'L' Late Trade
Late trades, as the name implies, are trades that are reported to the Stock Exchange some time after the trade has been executed. There can be a number of reasons for this. Stocks have a market size, the size varying with each stock. If a trade is executed that is six times the Normal Market Size then the market makers, for stocks traded on the full list, do not have to report the trade for 1 hour after the trade was executed. Once reported, this would show as a late trade. A trade would also show as being late if the bargain had to be amended for any reason, like an alteration to the settlement date. Once the bargain was amended, the amended bargain would show up as a late trade.

'LC' Late Trade Correction
A correction submitted more than three days after the trade date or where deferred publication is permitted at any time after the trade report was submitted to the Exchange reporting system.

'M' Market Maker to Market Maker
A transaction between two market makers registered in the security in question including those executed through an inter dealer broker or a public display system.

'N' Non Protected Portfolio
A non-protected portfolio transaction or a fully disclosed portfolio transaction. Normally a transaction of a number of stocks dealt with by one market maker at an agreed discount to the market price.

'NM' Not to Mark
A transaction where the Exchange has granted permission for non-publication.

'NR' Non Risk (SEATS Based Segments only)
A non-risk transaction.

'P' Protected Portfolio
A protected portfolio transaction or, if reporting a trade resulting from a worked principal agreement for a portfolio transaction. Like a non-protected portfolio, but the price dealt at can be amended if the market maker manages to make a 'good' profit.

'R' Riskless Principal transaction at different Price
A riskless principal transaction with two non members, where the two transactions are executed at different prices or on different terms (this requires two separate trade reports). This happens often on a trade where commission is not charged. Instead of paying commission, the client will pay extra for their shares.

'RO' Result of Option
A transaction which resulted from the exercise of an option.

'RT' Risk Trade (SEATS Based Segments only)
A risk transaction.

'ST' SEAQ Trade
This is used for the single uncrossing trade, detailing the total executed volume and uncrossing price as a result of a SEAQ auction.

'SW' Stock Swap
Transactions comprised in a stock swap or stock switch (one report is required for each line of stock swapped or switched).

'UT ' Uncrossing Trade
This is used for the single uncrossing trade, detailing the total executed volume and uncrossing price as a result of a SETS auction.

'X' Cross at the Same Price
A transaction was effected as an agency cross or a riskless principal transaction at the same price and on the same terms (this requires one trade report).

'AT' An automatic trade
An automatic trade generated by the SETS system through the order book.(Level 2)

'PA' A protected transaction
A protected transaction at the time that protection is applied.

'PC' Post Contra.
Used when reporting a Contra Trade when the contra date is not the trade date.

'T' If reporting a single protected transaction.
A protected transaction occurs when a large order is going through the market. The buyer (or seller) may wish to keep the order anonymous from the rest of the market as the size of the order could greatly alter the price of the stock. With a protected transaction, the dealer will put the trade through in small quantities rather than knock the whole order out in one hit. The entire transaction is reported once the deal is completed. The LSE is notified at the start and at the end of the transaction. However, the market as a whole isn't told until the end, thus the order is protected.

'WN' Worked Principal Notification.
If notifying the Exchange that a member firm has entered into a worked principal agreement for a single security.

'TS' Test Security.
If using a test security to test trade reporting.

'WT' Worked Principal Trade.
If reporting the trade resulting from a worked principal agreement for a single security.

'CT' Contra Trade.
Used to publish a contra trade in a previously automatically executed trade through the order book.

'AI' Automated Input facility.
If reporting that a member firm has disabled its automated input facility in response to a request from the Exchange.

'PN' Worked Principal Portfolio Notification.
If reporting that a Member firm has agreed to take on a worked principal agreement for a portfolio transaction.

'VW' Volume Weighted Average Price
A transaction that was effected at a price based on a volume weighted average price over a given period.

'RC' Regulatory Conformance
This is a test segment for which no trade reports will be disseminated.

[reba] 19/4/2007 10:57

I am relatively new to buying and selling shares so excuse my ignorance, could anyone please explain what an AT trade and an O trade is on the streaming.

[ed 123] 19/4/2007 10:37

... break 500 ? .... no problem!

Over 2 million shares traded so far today and up strongly against broader market weakness.

Not long ago MCA was dumped down to 430 pence. Someone is now very keen.

A statement should come within the next few days.

[scotsman2] 19/4/2007 09:33

will it break 500 ?

[gbb483] 18/4/2007 14:20

Re: the web site, I see they've put back the 'prelim announcement' and 'annual report' by a month each relative to last year, and they're still not brave enough to put a specific date on them.

[its the oxman] 18/4/2007 11:12

if goldman are correct re the overreaction to accounting irregularities then I'm hoping we can keep pushing on up to test major resistance 550-580p

[betman] 18/4/2007 08:22

just looking at MCA website and they show an analyst presentation on slate divison dated 6th Jan 07, was this co-incidence ??
but it does give good overview and what may be disposed of

[its the oxman] 18/4/2007 08:12

thanks betman

[betman] 18/4/2007 08:10

Alfred McAlpine Plc (MCA LN), owner of the world's biggest slate quarry, rose 3.3 percent to 480 pence after Goldman, Sachs & Co. added the company to its ``conviction buy'' list and said investors overreacted to accounting irregularities.

One website quotes target as 400p but thats an error and I think transcribed with the next share on the list, it was 588p and i will keep looking for the quote

Goldmans comment isnt rocket science !