Bank Of Georgia Share Discussion Threads

[mechanical trader] 16/4/2013 10:12

Bluey one of your favs,

[mr_bluesky] 16/4/2013 10:01

Alot of the UK builders are taking big hits today!

This could well be the start of the sell off for them as it has been at this time for the last two years atleast.

If that is the case 20-30% falls could well be seen over the next couple of months.

Mr Bluesky

[mr_bluesky] 15/4/2013 17:03

Liberum Capital repeated its 'buy' recommendation on Shanta Gold (LON:SHG) today.

The broker boosted its target price to 35p a share, believing the experienced management team to be a great support to its plant optimisation plans in West Africa.

"SHG has massively strengthened its owner's team in the last quarter, adding highly experienced metallurgist Wally Channon (25yrs Anglo American) and engineer Ian Fielding (30yrs Anglo American)," analyst Kate Craig said.

"We view this as de-risking the previous contractor reliant operations model and management has already noted the immediate positive impact of the hires on productivity."

[mr_bluesky] 15/4/2013 14:29

DXNS is on a nice break out!

A move over 40p and things get very bullish IMO!

Mr Bluesky

[limsil] 14/4/2013 22:12

According to 1.5 GEL yeilds 3.59%, so a dividend of 58p looks about right.

[mr_bluesky] 14/4/2013 18:07

KAZ Weekly chart 12/04/13:

OK I have been pretty down on KAZ so I thought I would offer a ray of light.

This weekly chart shows that KAZ has been in a falling wedge for some time now bouncing off descending support and resistence on the way down.As you can see KAZ's price is bang on the support line now and whats more an interesting candle has formed which you cant quite see as my line cuts through it.

Its a Doji candle(remember its the weekly chart and not the daily) and that means that there is a battle between buyers and sellers at this point and are evenly matched.The Doji has formed on higher volume and in these circumstances that could well signal a turn in trend.In this case from down to up.A bounce off the support line(red)and the upper 600p's could well be the next target.

The RSI is also well into over sold!
The last time it was in this area was late 2008/early 2009 and the price had a low of 175p.It went on to rally to a high 1,590p by April 2010.A very impressive run indeed.

So to recap:

If KAZ finishes next week up from the close last week then the odds will massively increase of this bouncing off the descending support line to advance towards the upper resistence line(green)and the upper 600p's.

If it closes the week down(I dare say this) then the odds are in favour of 175p being seen again.

This has now hit a cricial stage chart wise and the next two weeks will determin where this is going for the short to medium term.

Mr Bluesky

[mr_bluesky] 13/4/2013 16:36

Other companies to watch are:

ASHM,HAS,MTC,DXNS and HFD.

[mr_bluesky] 13/4/2013 16:31

Just thought I would post these results from this week form NBI.

The chart looks to be ready to pop with a target on break out of 390p/400p.
I would expect to see the start of the break out next week.The price is 324p and watch closely when it breaks through 330p as it should move pretty quickly.


Northbridge Industrial Services plc, the industrial services and rental company, today announces its preliminary results for the year ended 31 December 2012.


Highlights:

· Consolidated Group revenue up 24% to £30.8 million (2011: £24.9 million)

· Operating cash flow up 76% to £8.4 million (2011: £4.8 million)

· 10% increase in the proposed final dividend to 3.575 pence, raising the total dividend for the year to 5.425 pence (2011: 5.0 pence), an overall increase of 8.5%

· Strong H2 performance delivers basic earnings per share of 24.0p in line with expectations (2011: 15.1p)

· Hire fleet expenditure £7.8 million (2011: £2.4 million) in the year (principally on oil tools and transformers)

· New UK premises acquired (freehold £1.25 million, total investment £1.7 million) enabling increased manufacturing capacity

· Record year for Tasman Oil Tools in Australia

· Good first year performance by Northbridge Transformers

[mr_bluesky] 13/4/2013 00:08

allstar:

Until the highs of 6500+ are retested I am still leaning on the bearish side for the UK markets in general.

It would be foolish to dismiss the saying "Sell in may" as an old wives tale.

Mr Bluesky

[bizochio] 12/4/2013 19:00

dividend of 1.5 GEL. am i right in thinking this equates to about 58p?

[mr_bluesky] 10/4/2013 20:23

RTO:

Looks to be in an island bullish pattern at 98p

Mr Bluesky

[allstar4eva] 10/4/2013 20:22

You sound more bullish now. Which one is it? Bullish or bearish?

Mr_BlueSky 8 Apr'13 - 10:55 - 274 of 286

Well if this is the same as last year then we are in line for a sharp fall in the markets.If you sniff in slightly you can just about detect the faint smell of fear,but no where near strong enough to start being greedy.That will come after the panic sell off.

I'm just happy to sit back and let it un fold infront of me having banked my profits.

Mr Bluesky

[mr_bluesky] 10/4/2013 19:56

MTC reporting tomorrow!

could be a strong move on the back off it!

Mr Bluesky

[mr_bluesky] 10/4/2013 19:19

HFD:

Has made a nice move today on good volume.RSI in the 60's and trending up and MACD looks to be setting up my bull pattern.Next stop 360p then c400p.

Mr Bluesky

[mr_bluesky] 10/4/2013 10:33

CSR is moving up to try for a break out.A move over cerca 520p and it could really let fly again IMHO.

FTSE 100 is back testing the bottom of the 50dma in a potential bear flag.It will be interesting to see if it just tags it and moves down again or this is another attempt towards the 6,500's.

Mr Bluesky

[mr_bluesky] 10/4/2013 10:25

mt:

All it takes is a quick look back through someones post history and its not long until you find something that will expose them for what they really are ;)

Mr Bluesky

[mr_bluesky] 10/4/2013 10:14

mt:

Very true.

I love companies that buy back as it shows that they do value the share holder and want to creat value for them.Look at NXT they have been doing a share buy back and together with their progress the shares have just gone up and up.

Mr Bluesky

[mechanical trader] 10/4/2013 08:56

The share buy back should underpin
the share price for quite a few months.

Must admit I prefer this to one off
special divis which result in you getting
a capital sum but the share price falling away more
or less to same value and more often than
not being depressed for a while.

[mr_bluesky] 09/4/2013 18:58

CSR:

I have covered CSR several times in the past and they are still a good buy.

they are doing and on going agressive share buy back atm which alone returns shares holder value plus they are cash rich.

Mr Bluesky

P.S: Keep a close eye on NXR! looks to be near break out.

[mr_bluesky] 09/4/2013 17:27

GWP:

Looks to be in a potential high flag pole having bounced from c40p to 70p now.

look for a flag to set up on low volume for confirmation!

Below is the reason why GWP has risen so quickly......

GW Pharmaceuticals Announces New US Patent Allowance for Delivery of its SATIVEX® Formulation



Porton Down, UK; 3 April 2013: GW Pharmaceuticals plc (AIM: GWP), a biopharmaceutical company focused on discovering, developing and commercializing novel therapeutics from its proprietary cannabinoid product platform, today announced that the United States Patent and Trademark Office (USPTO) has issued a Notice of Allowance for U.S. Application Serial Number 13/607,897, a patent which protects delivery of its Sativex® product formulation.



The subject patent specifically covers an improved method of sublingual delivery to a human consisting of administering an extract of cannabis in ethanol and propylene glycol. The formulation may be dispensed using an aerosol spray. A Notice of Allowance is issued after the USPTO makes a determination that a patent can be granted from an application. The issued patent from this application will provide an exclusivity period until March 2021.

[mr_bluesky] 09/4/2013 16:28

LWB has had a temporary break down of the break out!

Alot of shares that where showing bullish patterns have failed with the 3 day market rapid sell off.All that has happened so far is that LWB has back tested the support at cerca 70p and the 50dma.If it closes below 70p though then things will look more bearish.

Mr Bluesky

[allstar4eva] 09/4/2013 13:24

LWB Update?

[mr_bluesky] 09/4/2013 10:11

I have been tracking POG,KAZ and FXPO to look for signs of a turn around in their demise.

FXPO looks to be the most promising as it has had a big bull bounce off strong support at c 150p.

POG has made a move today off support at just under 200p

KAZ has risen also but could just be a case of back testing 400p before further declines.

Will keep a close eye on them

Mr Bluesky

[mr_bluesky] 08/4/2013 10:55

Well if this is the same as last year then we are in line for a sharp fall in the markets.If you sniff in slightly you can just about detect the faint smell of fear,but no where near strong enough to start being greedy.That will come after the panic sell off.

I'm just happy to sit back and let it un fold infront of me having banked my profits.

Mr Bluesky