AZ Electro. Share Discussion Threads

[xandeebee] 29/2/2012 15:02

Are you short now Stavros?

[stavros28] 29/2/2012 14:53

XB ROB
Check chart on the link.



Stavros

[xandeebee] 29/2/2012 12:08

Bounced thus far...

[stavros28] 29/2/2012 11:53

XB, ROB my software makes the job a little simpler.

See Long and short positions on chart.

Below

Stavros

[xandeebee] 29/2/2012 10:40

It will, however, be interesting to see if this holds.

XB

[xandeebee] 29/2/2012 10:39

Rob - very hard to time the market perfectly! You'll have to go with your gut on this one. In my view the market has punished this for no real reason. They're generating good money at present and the future remains intact. Set a mental target and stick to it :)

All the best

XB

[robertfaulkner] 29/2/2012 09:55

Yes Immo, I'd like to buy some more but don't want to see a big loss.

Anyway sort of made a decision, moved limit buy to 258p(Ave of 276p and 240p)

I would have got my £7k worth at original limit of 282p, will I regret not getting them in a few weeks??

[stavros28] 29/2/2012 09:45

Think this is now at the right price point Rob nothing to go for.
See one of the customers has gone bust could impact the next figures.

Stavros

[immokalee] 29/2/2012 08:31

Robert sounds like you are trying to catch the bottom.

[robertfaulkner] 29/2/2012 08:16

I bottled and lowered my limit to 240p before the 8am open in case there was a big spike down.

Now looks like I wasted my time, I haven't the courage to just buy at best with the confidence that it will be back to +300p very soon, or at least put it back to limit 280p ish

[stavros28] 28/2/2012 23:11

Rob no matter look after the pennies!!

Stavros McGregor

[robertfaulkner] 28/2/2012 19:02

I put in a £7k limit buy at 282p(around 9 am today) but lowered it to 276p, I don't think it would have struck at 282p, but very close.

I've left the 276p limit buy open till close tomorrow, see what happens

I know the difference in the number of shares I'd get on £7k with a 6p difference in purchase price is very little, but if it starts to drop sharply tomorrow I can lower the limit price again

[immokalee] 28/2/2012 16:24

Looking forward this company has a very good future. I'm not too sure about retesting 240, imo it has to breach circa 279 and 260 first.
Thought of selling but I've seen all too often where a decent company falls with initial panic and shares are picked up relatively cheap only to go on and make higher highs.

[stavros28] 28/2/2012 15:12

Results are good we need a pull back no probs.

Stavros

[xandeebee] 28/2/2012 11:49

Trading off a PE of just above 8. A few question marks in the immediate future but I think this is worth holding for the time being.

[choppa] 28/2/2012 11:35

There we go called it yesterday could retest 240p on the chart now imho.

[robertfaulkner] 28/2/2012 11:31

7% doooooooooooooown only another 60p down and I'm in loss

[robertfaulkner] 28/2/2012 10:41

Bloody hell now down 5.5%

[xandeebee] 28/2/2012 10:33

haha - such is life Rob :)

[robertfaulkner] 28/2/2012 09:43

Xan thanks, didn't know what the consensus was but who would have thought we would have sub 300p on still very good results.

If only I'd known, I'd have sold yesterday and bought back with greater number of shares today

[stavros28] 28/2/2012 08:47

Chairman was a bit cautious on next 6 months but price was marked down early doors but recovered a little now. Funds will take the info from the conference call and meet in dark rooms.

Could be a slow burner $165 was a big ask.

Stavros

[xandeebee] 28/2/2012 08:39

The profits fell short of consensus $150m actual vs $165 consensus.

[robertfaulkner] 28/2/2012 08:19

What do shareholders do on results day, sell unless there is the most amazing unexpected increase in profits?????

Why don't they sell the day before when prices are rising?