Biffa Share Discussion Threads

[luderitz] 24/5/2007 13:52

Certainly Is Mitzis, could also be a good day for the share price as well If the Goverment announcement Is seen to be favourable sometime later.

[mitzis] 24/5/2007 09:46

Morning all lovely day..

[luderitz] 21/5/2007 08:05

Thank you and goodbye.

[bountyhunter] 21/5/2007 07:59

not you again - it was the w/e - ok we will take our discussion elsewhere
...and you are back on the filter goodbye!
btw watch out for the caps in the middle of your sentences it's very odd "Is It not?"

[luderitz] 21/5/2007 07:58

This Is a BIFF thread Is It not?

[bountyhunter] 21/5/2007 06:48

snap! ...having checked out the overnight action I'm awaiting 7am to take similar action - I'll be switching to a long (it's only a small stake btw)
...win a few lose a few
edit - closed for -39 pts - could have been worse - now switched to small long!
good luck watwungi

[watwungyi] 21/5/2007 00:13

Hey Bounty,

The reports that Chinese investment in Blackstone, $3B, will not help us. There is likely to be another bull run in Wall Street. I will cut my losses asap.

[luderitz] 20/5/2007 22:31

Never mind John1, I will have a dig around In the week, thanks.

[johne1] 20/5/2007 18:35

Luderitz, I have searched the web and found numerous references to the government waste-strategy report. However, most just refer to it being published sometime in May 2007. Sorry, I cannot help further.

[luderitz] 20/5/2007 17:34

Thanks for that Mitzis and John1,

Anyone know what day the report Is out please?

[johne1] 20/5/2007 13:40

Thanks for the link mitzis.

I think this is the relevant bit, for future reference: -

quote
Traders gobbled up waste service stocks before next week's government waste-strategy report. Cazenove believes that the £10bn forecast increase in recycling and treatment investment could be raised if ministers put in place the correct incentives and framework to achieve their goals. That should mean good news for the likes of Biffa, 3.5p firmer at 337.5p, and Shanks, up 2.25p to 273p. Particularly good news could also reignite the takeover speculation that has cropped up in the sector over the past six months.
unquote

It made Sunday research and reading a bit easier.

Cheers

[mitzis] 20/5/2007 09:30

Fridays market report mentions Biffa..

[watwungyi] 18/5/2007 23:54

Today closing price broke above the recent trading range, with normal volume. Hope the momentum continue into next week.

[watwungyi] 18/5/2007 23:42

I don't spreadbet logger, I used to. If I do short term margin trading, I use IG market CFD, which give you direct access to the market, far far better than any spreadbetting firms.

[call-logger] 18/5/2007 23:23

Er, so if I read your posts right, you keep a load of spare cash so you can fritter it away spreadbetting?

[watwungyi] 18/5/2007 23:14

I opened a Dow future short position on June expiry, at CBOT, just lost about 20 points already. Like you, I will cut my lossed at 100 points. But let's hope for a quick, razor sharp correction for Dow. Let's see how long eternally optimistic Yanks can remain irrational
?

[bountyhunter] 18/5/2007 23:06

LOL watwungi - same here - stop at 13623 so max loss for me will be 100pts, unless I move the stop!

[luderitz] 18/5/2007 23:00

What goes up must come, only question is when?

[watwungyi] 18/5/2007 22:53

Very glad to hear that I have a short companion, bounty. I also committed a short position on Dow, with immediate loss. I rarely short, but this time I gambled already. When you are invited to bet betweeen treble winning Manchester Utd side and Barbados national team with equal odd, it would perhaps be foolish not to gamble.

[bountyhunter] 18/5/2007 22:40

watwungyi - I have a small short open on the Dow over the weekend (from this evening) and currently have most of my shareholdings in defensive stocks with strong fundamentals.

[watwungyi] 18/5/2007 22:23

I think a good strategy is to keep some threshold amount for one's own favourite stocks, about 15, possibily 20, while keeping a good deal of cash. I mean the stocks which you intend to hold for very very long, a decade if not more, while keeping a good deal of cash. Any one of these 15 to 20 stocks could see weakness from time to time, giving you a good opportunity to add some more and sell the extra purchase later on, always keeping your minimum holding intact. Then you can avoid the problem of missing boat. Biff has been giving us very good opportunities to trade since beginning of March and accumulate more and more shares. Same with Tate, BGY, Meggit, MNE, Rex all of them are my long term holdings. Anybody shares any thought? Always welcome your comment.

[watwungyi] 18/5/2007 22:16

Anybody interested in shorting Dow. The market has been up fbymisleading indicators. Consumer sentiment? What the hell does it mean? It's not tangible, is it? You can't be feeling blue when cancer cells are chipping your flesh and blood.
Volume has been extraordinarily low while the market is up since the beginning of March, usual volume is around 3B shares everyday, now it's been less than 0.5-0.6 billions everyday since two three weeks ago. MACD is reversing its uptrends. RSI is in well overbought zone. I would be really suprised to see Dow continuing its uptrend. Would anybody not be? Please share your thoughts.
I rarely short but now I am really really tempted to do so. If one shorted now and the following week saw a razor sharp correction, quite mouthwatering, isn't it?

[mitzis] 18/5/2007 18:51

Thats a great idea Lud...

[luderitz] 18/5/2007 16:29

A fairly safeish trading outfit this lot if you can catch the range.

[mitzis] 18/5/2007 11:49

This is clearly going higher today for some unknown reason.