Bank Of Georgia Share Discussion Threads

[mr_bluesky] 26/10/2013 18:22

CIU:

A break over 280p and it gets very bullish.

Looks like it may just do it this time.

Mr Bluesky

[mr_bluesky] 26/10/2013 16:24

Brucie:

not sure about SFR.

Its got some massive gaps to fill on the way up.

do you know what caused them?

Mr Bluesky

[mr_bluesky] 26/10/2013 16:20

I have just come across PRW at 19.13p.

I know very little about the company but I do know a bit about charts and this looks to be setting up for a big break out IMO.

A move over 20p will be the signal for me to get in on this.

Mr Bluesky

[mr_bluesky] 24/10/2013 12:33

skyship:

Yep when you brought DSC to my attention and looked at the chart I agreed with your bullish out look at it has,as you say,done the business.

well done.

Mr Bluesky

[skyship] 24/10/2013 11:59

Mr B_S - Further to my 471 & your 486, DSC have duly done the business; and have much further to run IMO. Listen to the Interims webcast and you may well agree...

[mr_bluesky] 22/10/2013 19:04

SKS: 103p

Been waiting for the break over 100p and it did today.

Very bullish now for the longer term

Mr Bluesky

[mr_bluesky] 21/10/2013 12:19

DRTY:

now at 80p has bounced off the ascending up trend support to move up to the recent high in the mid 90's IMO.

Mr Bluesky

[mr_bluesky] 21/10/2013 11:42

SIV:

lovely break out today

[mr_bluesky] 21/10/2013 10:58

SHI: 200p.

A hold over 200p to close this week and it should open up more on the next advance north IMO.

Mr Bluesky

[it_trader] 20/10/2013 19:53

Nice one ta

[mr_bluesky] 20/10/2013 18:44

it-trader.

I would go for end of day close to be sure and sometimes it is wise for an end of week close above a major resistance level before you can be more certain it has broken out for real.

you still need to watch the price action as there is quite often a back test of the break out as THT has done when it broke out over 103p,rose to 110p,dropped back to 103p to back test then rose to break over 110p again.

Mr Bluesky

[it_trader] 20/10/2013 18:34

Mr Bluesky - question from newbie - occasionally you mention if a price breaks above a certain level etc go long in your opinion etc.Does this mean an intraday rise above a level, or end of day closing above?

[mr_bluesky] 20/10/2013 17:20

click on link below to reveal pretty picture on when to buy DXNS.





Mr Bluesky

[mr_bluesky] 20/10/2013 16:45

More shares looking potentially bullish and about to break out:

888: 167p

DNO: 706p

EVR: 133p

GRI: 184p

OML: 200p

GEMD: 166.5p

LOOK: 124.5p

QED: 93.5p

[mr_bluesky] 19/10/2013 15:38

just thought I would post this again as it is past the 16th October and the MACD has had a positive cross over.

ITS HUNTING SEASON FOLKS (The sound of horns in the distance)....

Mr_BlueSky
12 Oct'13 - 15:40 - 115 of 121 0 0 edit

I like to Keep things simple when trading and there is no simpler strategy around then the one that says "buy blue chips when the MACD crosses over on the FTSE 100 daily chart for the first time after October 16th" known as the six month cycle MACD strategy



Lets look at the recent history of the ftse 100(people that think historic charts cant help predict future movements may want to stop reading at this point) to see if this strategy works.

Looking at last year the MACD crossed over while at 23 points below zero(-23) on November 22nd when the FTSE 100 was 5,700,the RSI was 51.It went on to rally to a high of 6,875 on May 22nd this year before correcting.

2011 saw the MACD cross over on November 30th from -35 when the FTSE 100 was at 5,300,RSI was at 57.It went on to rally to a high of 5,989 on March 14th 2012.

2010 saw the MACD cross over at -11 on December 3rd when the FTSE 100 was 5,720,RSI at 53.It rallied to a high of 6,091 on Feb 14 2011.

so the evidence,especially for the last two years,is very strong in its favour.

If you look at the FTSE 100 daily chart now you will see that the MACD is at -23 and is looking to cross over,the RSI at 50 with the FTSE 100 at 6,489 as it stands.

In the last three examples I have given you the MACD has crossed over after October 16th from a similar area with the RSI in the 50's.

I would say that there is a strong case for a big rally,the santa rally,and the signal will be when the MACD crosses over after the 16th October.

Is the start of Xmas coming early this year?

Mr Bluesky

[mr_bluesky] 19/10/2013 14:47

HFD: 404p

MACD just crossed back over just over zero

RSI trending up just over 60

Price recovered back over 400p.

C.450p next target IMO.

Mr Bluesky

[mr_bluesky] 19/10/2013 10:25

SPRT: at 74.75p

nice bull bounce off the 200dma and with finals reporting on Tuesday it looks set to advance back up to recent highs of circa 80p and then hopefully a break through......maybe on results day or soon after IMO.


INCH: 624p

Looks bullish also but needs to break over 654p for confirmation of the next leg up of the advance.Trading statement this Thursday.

STOB: 127.25p

A break over 130p and 140p should be the next target.Needs MACD to cross over for confirmation but it looks potentially bullish to me and should break out IMO.......Interims on Thursday.

HOME: 181.60p

Interims on Wednesday also looking very bullish

Mr Bluesky

[mr_bluesky] 17/10/2013 19:35

PDG: price 35.75p

classic break out today with a MACD cross over and RSI in the 60's.

got back into to it today as I believe it is on the next part of its rally up.

Mr Bluesky

[mr_bluesky] 16/10/2013 07:28

I tipped these and bought in when this was 41p.

Very good interims today should see this move up to the next range IMO....


VTU interims:

· Revenues increased by 33.3% to £837.2m (2012 H1: £628.1m)

· Profit before tax up 68.6% to £8.6m (2012 H1: £5.1m(1))

· Adjusted(2) profit before tax up 79.6% to £8.8m (2012 H1: £4.9m(1))

· Balance sheet underpinned by freehold and long leasehold property portfolio of £104.5m (31 August 2012: £83.8m) and ungeared following the June 2013 placing of shares to raise £50m (gross)

· Cash conversion up 285% to £30.4m (2012 H1: £7.9m)

· Period end net cash of £25.7m (2012 H1: £2.2m)

· Earnings per share up 30.6% to 2.56p (2012 H1: 1.96p(1))

· Adjusted(2) earnings per share up 40.1% to 2.62p (2012 H1: 1.87p(1))

· Interim dividend up 20% to 0.3p per share (2012: 0.25p per share) to be paid in January 2014

· The Board anticipates full year results will be significantly ahead of market expectations

(1) prior year comparative figures have been restated following the Group's adoption of IAS19 (revised)

(2) adjusted for exceptional charges, amortisation of intangible assets and share based payments charge/credit



Operational Highlights

· Strong trading performance driven by favourable market conditions in vehicle sales and servicing

· Newly acquired Farnell Land Rover performing strongly and being integrated smoothly

· Growth strategy progressed with addition of seven further sales outlets since 1 March 2013

· Excellent progress made in turnaround of previous acquisitions aided by underlying market

· 19.6% like-for-like new retail volume increase with consistent margins

· Fleet car volumes rose 28.0% with market share gains

· Strong volume and margins in used cars led to 12.2% increase in like-for-like gross profit generation, up £2.8m

· Service revenues increased 6.9% on a like-for-like basis, reflecting ongoing success of customer retention strategy

· Aftersales margins strengthened on the back of strong like-for-like service margins, up from 75.5% to 76.2%

· Continued strong trading performance in September, with a 28.0% like-for-like new retail volume increase and continued market share gains

· September service revenues grew 9.4% on a like-for-like basis

[mreasygoing] 13/10/2013 14:48

Thanks for your input Mr Bluesky. The 'Pot Hole' also looks like a gap fill, which it looks like it needed before going higher. Broker upgrades recently and news of business disposals have yet to show in the price over the past month or so.

Hope you're right about the breakout next time. I reckon it will too :)

[mr_bluesky] 13/10/2013 08:33

mreasy:

Still on.

DXNS has had a "pot hole" incident shown on your chart where the price suddenly drops but bounces back quickly to the level before.

The next time the MACD crosses over I would put my money on that it will be the break out for real this time.

I have traded DXNS in the past and I will be getting back in once the MACD crosses.

Mr Bluesky

[mreasygoing] 12/10/2013 21:32

Still looking good for DXNS Mr Bluesky ? Big volume a few days ago aswell. Breakout to the upside soon do you think ?

[mr_bluesky] 05/10/2013 15:13

I said a while back that the FTSE 350 miners chart looked to be setting up and inverted head and shoulders which could well turn out to be long term bullish for miners if it breaks up through the neck line.

Here's the chart.

Miners ftse 350 daily chart 03/10/13

The above chart shows that the ftse miners 350 chart is in a possible Inverted head and shoulders.

The green line on the chart is the descending resistance and support line dating back form April 2011 and it could well be tested at circa 15,500 before it bounces off and up to head towards the neck line if the IH&S shown with the yellow line.

a break back over the neck line at c.17,000 and I would say it will be time to go long on Ftse 350 Miners IMO.

The first sign of a turn around will be for the MACD on the daily chart to cross back over.

Mr Bluesky