Avesoro Resources Share Discussion Threads

[cockneyrebel] 26/4/2005 10:36

Not as rich as me Mad4IT ? Get away, I wish I was a pound behind you in the bank!

CR

[madmix] 26/4/2005 10:15

I think the reason it's dropping is clear - because Frauddy "The MUNSTER" called the bottom at 97-100!

[mad4it] 26/4/2005 10:09

Although I dumped half of my small stake yesterday (because I don't trust the markets and the momentum in ASO had waned in response to the US indices) the share price is looking very oversold now, so, I suspect, the technical traders will be looking to buy soon. However, the break of the 50 day MA is slightly discouraging and it's possible it'll fall a bit further, but there is support around this level and the MMs may be using the 50 day to shake people out:

[cockneyrebel] 22/4/2005 15:14

Oh, I suppose they are your 10K sells then ah Frauddytrader - resorted to this then has it, scalping a few pence here and there lol!


It must be great having Jim Henson's had up your backside.

CR

[mad4it] 22/4/2005 11:58

Frauddy - Some of us don't need advice from full service brokers, because some of us are SO good that we can call the bottom of shares ourselves. (I've just sacked Charles Stanly, because I invariably know more about what the market will do than they do!)

But, even though I was waiting to buy ASO (and to buy back into WNN) you didn't see me deramping and encouraging people to sell so I could buy cheaper.

Not only am I a better trader than you, I'm a better person....so 'AVE IT!

p.s. Learn some TA, then you wont need your broker to tell you when to buy & sell!

[doubleorquits] 22/4/2005 11:37

ok i'll get off my orange box now!

I'd much rather you got back into it with all the other poisonous creatures that exist therein.

[ydderf] 22/4/2005 10:57

crookney, the MASTER is invariably right, serious followers know how to interpret his posts.....sublety is a dead language as far as the muppet fraternity is concerned, and as it had become necessary to use some more private way of communicating to serious investors, a little obscurity was the obvious way forward......the FACT is I called the bottom of WNN,CEU,and ASO, many of you relying upon autoexecute services rather than a full service broker do not have access to the full picture - when there is a big seller or buyer in the background, they won't necessarily be visible on screen....ok i'll get off my orange box now!

[cockneyrebel] 21/4/2005 13:30

Actually Frauddy I think these may be very disappoint - US currency exchage rate looks like it's going to affect them.

I think you've bought way too early, I'm waiting for 80p to top up at.

CR

[mad4it] 21/4/2005 13:29

I tend to concur, therefore one has had a nibble.

However, if the market sell off continues ASO will likely retrace again, but it looks excellent value on a one year view.

Frauddy - Does this mean you've bought some and have therefore finished trying to scare people out of their shares so you can buy a bit cheaper, like you've been deramping WNN, telling everyone to sell and then secretly buying on the dips ?

...you nob.

[ydderf] 21/4/2005 12:52

I am calling the bottom of the recent profit taking here 97-100....watch and learn from the MASTER!

[cockneyrebel] 20/4/2005 22:09

No oucho here Frauddy, remember, you followed me in and as such no matter how much these fall you'll be losing first!

For a guy that has been saying WNN are a sell and had no virtue for weeks I don't find it surprising to hear you've been buying them. Frauddy by name....

CR

[dalcon01] 20/4/2005 19:08

Its better than watching Waldorf & Stadler on the MUPPET SHOW, watching you Two.
Keep it up!!!

[ydderf] 20/4/2005 15:14

Crookney - the price (99-103) makes eloquent comment on your judgement, there is not much to add.........except perhaps Ouchio!

[cockneyrebel] 20/4/2005 11:24

Frauudy's going to have to raise his buy price with his broker I reckon - next new high should be around 145p ay Frauddy, look at the chart and the increasing highs

CR

[pcok] 20/4/2005 10:17

CR,

I agree the chart looks a buy tho I am no chartist. Tempted to buy more but went for ARG instead (this time). That chart seems to tell a similar story.

pcok

[doubleorquits] 19/4/2005 16:02

CR,
Your guesswork is not far out with new broker upgrade from KBC. They go for £1.40m PTP equating to 7.22p and £1.67m (8.01p) for next year. Forward growth looks too cautious if everything is as was stated in the trading statement and could be much better if a strong March is reported and then followed through. Could well be that they still do nearer the 8p this year and 10p+ next. PE of 11 maximum IMO and could easily see 50% share price increase on that alone.

[cockneyrebel] 19/4/2005 13:04

Well I guess it depends on what they are saying in the statement but the way I read it they are forecast to do pre-tax of £1.2m for the year from broker forecasts and having made a pre-tax loss of 98K in H1 then to meet forecasts they will need to do £1.3m pre-tax in H2. They say they are comfortably ahead so I expect them to beat by at least £100K+, therefore they must be nearing £1.5m in H2 imo, from how I'm reading it. Looks like they are going to do more like 8p eps adjusted imo, putting the forward PE in single digits imo. Most stocks in this sector are trading on PE's well into high teens.

That's the way it sounds and looks to me from what they are saying, broker upgrades have been steep and I think there will be more.

CR

[puregenius] 19/4/2005 12:42

CR, where did you get £1.5m pre tax profit for H2? Do you know something we don't? Or do you mean H1? If you do, the set of accounts for the 6 months to 30/09/04 that I'm looking at show an operating profit of c.£1m.

[cockneyrebel] 19/4/2005 12:12

Frauddy - one batch of director buys, one tip, one bit of news and these will do what they did on the last bit of news on Citywire - they will rocket 15%.

You can't sit there waiting for pre-determined buy targets if a 3K buy moves the stock, two little 5K buys and you're locked out.

I just keep adding a few, day in, day out, across the low to ensure my avearge is very reasonable.

What you going to be able to buy when thee's news out? 5K and the price gets marked up 2p. By the time you've said "ten kay" to you're broker they'll be up 5 and you'll be asked to pay a premium.

Get real my frauddy little fink - you have to buy, hold and wait. £1.5m pre tax in H2 says they are going to slaughter the forecast of £1.7m for the whole year ahead - I'm happy, the share price can pee around as much as it likes, I know like you that the crowd will be buying the butt of these in May as the results approach - I'm a thinker, I'm focused and I have patience.

When the uninformed see what ASO have done in H2 they will finally wake up - and I'm here before them, and you :-)

CR

[ydderf] 19/4/2005 10:21

so predicatble crookney, the price collapses on a weak day and then muppets like you rush in first thing next day and the mms take them to the cleaners....then they start to drop the price and the established downward drift continues - truth is, apart from in the dreams of muppets, the share price has no support until and IF earnings start to materialise....meanwhile you would be advised to take a leaf out of the masters book and wait for sub 94p before considering further purchases.....some holders of this doggie can have the price down quicker than you can say 'ouch' ! should they choose, such is the thinness of the market and predictability of the mms and muppet cfding fraternity!

[cockneyrebel] 19/4/2005 10:12

You see Frauddy - a few small buys and we are cooking!

No point in trying to trade it - I'll just wait for my £2 in 6 months or so and ride the volatility that a few little 3-5K trades create either way.

CR