AZ Electro. Share Discussion Threads

[robertfaulkner] 16/11/2012 14:18

Down 8% at one point today?

[stavros28] 15/11/2012 09:04

holding up well in this sell off

[stavros28] 12/11/2012 07:54

Timing and money management.

[hopeful holder] 08/11/2012 21:20

still holding as cash for the mo stav - looking at your suggestions with a positive eye. Timing is always key.
HH

[stavros28] 08/11/2012 12:58

HH

Land profits down a tick but still a hold on broker chat.

[stavros28] 05/11/2012 08:12

HH

Yes KIS Keep it simple

Land securities (target 1030) or British Land ( target 760)take your pick.

Stav

[hopeful holder] 03/11/2012 19:07

Stav - eloquently put - i like simple!

My next decision is what to do with the money pot I now have!

HH

[hopeful holder] 03/11/2012 11:24

Rob - one of my own learnings which I am putting in place for all my new and existing holding is to set stops on new buys 10% less tahn I buy at - that way the decision (and ditherting) that I go through has been removed at start.

I also set myself a sell but this is in my mind.

As the share price rises, I then move my sell price up. I have been caught out on downward spikes but that is because (azem) I set too tight a stop.

I have worked out that if I had put this strategy in place with my exising portfolio, I would have preserved £100k of capital - thankfully my longer term holdings are well intoi profit - including buying BP at the height of its troubles. Nice!

Other lesson for me is, 10% is too great on shares that are say £3+.

Each to his own but capital preservation is more important in mnay ways of the correct sell price..

I've also worked out that had I made the stops decision at the start of my trading, I would have been retired by now living of interest - albeit not a lush lifestyle but level to that I have at the moment - food for thought on stops etc...

I have also been playing about with a virtual portfolio and tracking how monies would be going with stops.

Whatever you do, good luck and I hope my experiences and ways of dealing with them will help you ponder.

HH

[robertfaulkner] 03/11/2012 08:38

Thanks H H, I had the proceeds of my 295p AZEM sell sitting in my Selftrade account for about a month. On 24th Oct I decided to do a quick buy and sell(not so quick now) of more BP when BP had dropped again.

I bought at BP @ 437p (the rest of my BP ave 487p) they promptly went under water) but with the div being increased the price is now up.

The idea is to sell with a quick grand profit, but as the days turn into weeks and the div due on the 7th I'm dithering again.

Greed: could I miss out on a big rise if I sell

Fear: if I don't sell, will I sit a watch my small profit drift down to a big loss

[hopeful holder] 02/11/2012 18:36

Rob - No point in beating yourself up - I look back at my decisions when I have made a howler (and i've made a few) and try and work out what I can do going forwards.

My lesson on AZEM is that I set too tight a stops for 80% of my holding and got stopped out - but i've made a decent profit and have about 1100 left. Im going sit and ponder what to do with my monies.
HH

[robertfaulkner] 01/11/2012 19:55

It does look a little isolated above 340p but most mornings it opens down but there must be enough buying at any price(so far) to keep everyday closing higher.

400p is a natural stop but with this share nothing seems to stop it, even a profit warning just slowed it for a couple of days.

Will a declaration of being above a 7%(or whatever the notification point is) shareholder be the next big push

I got out at 295p, Ho Hum. It will hurt when it gets to 395p

[hopeful holder] 01/11/2012 15:49

So where will this stop or take a pause before going up again?

I did say it would pick up towards tihe end of the year!
HH

[hopeful holder] 30/10/2012 12:56

Have moved my stops upwards!
HH

[stavros28] 30/10/2012 12:52

Let it run hope in all time high ground no overhead supply to sell it off.
Foot to the ground buy more.

Good luck

Stavros

[hopeful holder] 29/10/2012 22:05

seems you have all abanded me at a time whenthe share price is breaking out! Not sure where the ceiling is at the moment. Have set tight stops to sell an amount to ensure |I enjoy the spike!
HH

[hopeful holder] 26/10/2012 22:35

okay - the market seems to like AZEM!

Bodes well for the future!
HH

[hopeful holder] 25/10/2012 16:15

315 held and a reasonable IMS to allay those fears - nice rise on the back of that.
Shows how well we respond to news - expecting a nice spike to sell into!
HH

[robertfaulkner] 25/10/2012 13:31

25 October 2012

AZ ELECTRONIC MATERIALS S.A.

Interim Management Statement

AZ Electronic Materials S.A. ("AZ" or "Group") today publishes its Interim Management Statement for the period from 1 July to 24 October 2012. Unless otherwise indicated, the unaudited financial information, stated in US dollars, is for the three month period to 30 September 2012 ("Q3"), as compared to the corresponding period last year.
Summary and outlook
AZ confirms that trading conditions during Q3 were consistent with those anticipated at the time of our 2012 half-year results, announced on 23 August 2012. Current trading in October shows that overall the business is performing in line with our expectations, which for the 2012 full year are unchanged.
AZ made solid progress in the period against the backdrop of an uncertain macroeconomic environment. Group revenue in Q3 increased by 1% year-on-year to $203.5m (Q3 2011: $202.0m), and on a constant currency basis was up 4% on Q3 2011. Group revenue for the nine months ended 30 September 2012 was $587.1m, down 1% from the same period last year (flat at constant currencies). The Group's EBITDA margin in Q3 was in line with our expectations.

[broadwood] 25/10/2012 09:19

Thought the statement was a little short on detail but the main point was that they are trading in line with management expectations.

So no warnings and continued good growth prospects.

[robertfaulkner] 25/10/2012 08:55

Ho Hum, down 12 yesterday, up 13 today

EDIT Now up 23p + 7.4%

[hopeful holder] 24/10/2012 22:18

Rob - love th e plan.

with 320 broken on the downward spike 315 needs to hold steady.

295?? Does not seem quite a big ask at the moment although the £3 barrier may prove to be a significant support level if we get there.

Friend of mine sold at just under 340 and I thought he was a bit rash at the time...

Phil - I've no idea, tree shake perhaps but the fall back from 340's is starting to look overdone unless their is poor news waiting in the wings..
As for buy time, I think i'd wait to see where the trend goes and buy into a risingh trend rather than a seemingly falling one - But if I were that good at getting my advice right, i'd be a millionaire!
HH

[robertfaulkner] 24/10/2012 18:30

I was told to sell in September, but got out much too early. Maybe my source was correct after all. It has to drop below 295p for me to be a winner (that's what I got out at)

I was going to get back in around 280p but have spent the AZ proceeds on more BP(yesterday) and I'm losing money on those now, but it means no money to buy back into AZ

The perfect solution is BP shoots up, I sell at a good profit and get back into AZ(If only life was so easy)

[phil150] 24/10/2012 16:57

is there a reason why the fall over last 2 days .is it a tree shake? has to be a good tim to buy

[robertfaulkner] 24/10/2012 13:40

Canaccord and Societe Generale, I'll bet they wish they had waited a day longer.

Down 13p today and at one point it was below 310p