Bank Of Georgia Share Discussion Threads

[mr_bluesky] 07/8/2013 12:04

Bullish chart pattern still valid....


Ferrexpo (LON:FXPO) – Interim Results

• Pellet production from own ore up 11% at 4.56 Mt with total production up 11% at 4.725 Mt.

• Sales volumes up 19% at 4.486 Mt giving revenues up 6% at $775m and EBITDA up 1% at $244m.

• Market prices came down by 6% lower than first half 2012 from $142/t.

• C1 cash cost of pellets at US$61.8/tonne against $60.4/tonne in the same period last year up 2.3% reflecting the ramp up at FYM.

• The second quarter saw costs controls coming through.

• Net debt stood at US$566m for the period with VAT owed to the government accounting for 85%.

Conclusion: These are a good set of results from Ferrexpo with volume gains offsetting price declines of 6% from the first half of 2012. The company saw good demand for its pellets with reduced availability from Brazil. Higher quality pellets are said to seeing good demand from steelmakers trying to manage emission targets with the premium achieved for pellets said to have increased from the second half of 2012. The company is the closest supplier to Europe, Middle and Asia and the steelmakers most likely to be targeting emissions and keen on high quality pellets are likely to be in Europe and Japan.

With iron ore prices remaining robust there could be scope for a positive surprise in the second half from the depressed levels seen in H2 2012.

[mr_bluesky] 06/8/2013 18:46

allstar:

FXPO has not totally broken down yet,but not looking so good after it and a lot of other miners have taken a hit today.

That is exactly why you don't get in before it breaks out.

mining sector not quite ready to take a long term gamble on just yet.

[mr_bluesky] 06/8/2013 18:44

PFD at 94p looks close to a break out to circa 110p.

[allstar4eva] 06/8/2013 15:37

FXPO on brink of breakout?

[mr_bluesky] 06/8/2013 15:03

AGA:

breaking out over descending resistance atm at 100p.

Looks to be a good long term recovery play from here on in.

Mr Bluesky

[mr_bluesky] 05/8/2013 09:48

I mentioned that now would be a good time to start watching some ftse 350 miners as the mining index looksto be turning bullish.

FXPO at 174p looks to be on the brink of a break out with a first target of circa 200p IMO DYOR

Mr Bluesky

[skyship] 02/8/2013 11:19

From one Sky to another...

Never come across this thread before until yesterday. Read a couple of your recent posts, looked at the chart of WIN & immediately bought a small allocation trade @ 75.75p. Sold this morning @ average 79.31p. Possibly too soon, but a turn is a turn as they say.

Will try to return the favour and post here when I see a comparable flag or other good chart formation.

Personally I am a value investor, seeking to buy assets at a discount; so my favourite sectors are Commercial Property, Liquidation plays, Private Equity and other specialist trusts such as liquidating hedge fund ACD. These are the relevant threads I host:

Commercial Property:


Liquidation Plays:


Private Equity:


ACD:


DSC:


NB: I've added the last as I believe DSC are ready for another run after consolidating recent gains - see chart on thread.

[mr_bluesky] 27/7/2013 15:51

red:

Already on my list of potential beak outs and a move and hold over .20p will turn BKIR uber bullish IMO

[red army] 27/7/2013 15:49

Watch for BKIR this week as chart awaits in anticipation for results.

[mr_bluesky] 27/7/2013 14:57

just looked at the charts for the FTSE 100 and I have come to the conclusion that it will hit circa 6,950 before the by the end of August......IMO DYOR.

If you look at the FTSE 100 weekly chart for a slightly bigger picture you will see that when it bounced off the low of 6,023 in the week 24-28th June it not only bounced off ascending support but also the 50 wma ( weekly moving average).

This took the price back over the 20 wma where it is now and back into a bullish trend.

The next target I believe to be advanced on is circa 6,950 which will make contact with the ascending resistance in roughly 4 weeks time all going to plan.

6,950 just also happens to be the all time high for the FTSE 100 reached in December 1999.

These are just my thoughts and predictions and are not meant as advise.


just looked at the monthly chart and I have seen that the sell off in the FTSE 100 from 6,875 high to the 6,023 low brought it back to just below the ascending support line form the 1980's that I mentioned and it closed the month bang on top of it. This month has seen the ftse bounce off it in style hence the rally we have had and now the monthly candlesticks have set up a bullish reversal pattern i.e and up trend.

If you look at the ascending resistance for the monthly ftse 100 chart it takes it well into the 7000's.

Mr Bluesky

[mr_bluesky] 24/7/2013 20:26

WIN: 74p

This has got to be one if the best long term bullish charts around right now and still at a very early stage of recovery.

a break through and hold of 80p and this gets uber bullish with a long term target of 260p.......and a longer term target of 400p plus.

chart wise WIN has just Golden crossed where the 50 dma crosses up through an up trending 200dma......very bullish for a long term up trend IMO.

Mr Bluesky

[mr_bluesky] 23/7/2013 20:46

MAB at 415p:

IMS thurdays and with the lovely weather we have been having it may well prove to be a good one.

Yes I do fundamentals as well as charts.

Technically it is in a bullish formation,but a buy over 420p would be sensible to allow for the break out proper and should be good for a short term 10% with more in the longer term IMO

DYOR

Mr Bluesky

[mr_bluesky] 20/7/2013 18:58

DXNS:

finaly looks like it is ready to break out at 44p.

[mr_bluesky] 16/7/2013 19:20

SPRT:

broken over 70p today and looking like there is more to come.

[mr_bluesky] 16/7/2013 19:07

Mr_BlueSky
16 Jul'13 - 19:06 - 576 of 576 0 0 edit


It is no coincidence that PFD,after hitting 90p,has fallen back from its intraday high to close just under the 200 moving average on the charts at 86p.

With the technical indicators showing over bought I would suggest that it is now due a period of consolidation which will likely be in the shape of a small retrace or sideways trading before its next move up IMO.

Mr Bluesky

[mr_bluesky] 12/7/2013 10:22

PFD:

At 72p looking good.

[mr_bluesky] 10/7/2013 20:16

SGP:

At 808p looks set for a nice break out tomorrow which could give a 15-20% rise for a short trade imo.

Mr Bluesky

[mr_bluesky] 10/7/2013 10:48

WIN:

Setting itself up for a big move again to clear recent highs IMO.

[mr_bluesky] 10/7/2013 10:26

HFD:

Bullish Island reversal pattern today.

[mr_bluesky] 08/7/2013 12:37

DEB: 97.5p

Is setting up a lovely bullflag just under the 200dma

A break out very soon IMO.

TPT:

Setting up for a big break out and soon IMO

[mr_bluesky] 30/6/2013 11:35

SXX at 27p very close to breaking out IMO

[mr_bluesky] 27/6/2013 00:13

DEB looking good to bounce tomorrow!

[mr_bluesky] 23/6/2013 16:19

there have only been 35 companies in the Ftse 250 that are not down after this 30 day sell off.

I believe atleast 5 of them are in Bullish patterns and very close to breaking out.

IAP 379p

TLPR 305p

SPD 535p

DPH 755p*

RNK 162p*

DLG 219p

KLR 988p

* = weak bull,but still break out potential.

Mr Bluesky

[mr_bluesky] 22/6/2013 12:01

PHTM cont....

just looked at the last IMS and all looks very good.

they report finals on Thursday next week.

Techs:

> Wide range candle break out on increased volume on Friday which touched
90p and dropped back to 88p.

> MACD has just crossed over while in +ve area.

> RSI uptrending in the upper 60's (where most break outs happen)

> fast stochs confirm.


It has shown great strength during the market sell off and a break over 90p should give a minimum advance to 100p and a max to 120p for this move IMO.

Mr Bluesky