Bisichi Share Discussion Threads

[diogenesj] 08/10/2005 13:03

Interesting to see that the power stations have to buy sulphur allowances, despite the Bush regime's opposition to any anti-pollution measures. But I believe that requirement only exists in certain US states.

[green sand] 05/10/2005 13:55

I will second that emotion, one of those days, majority of my well researched and well timed investments :-) are contributing to a "blood on the moon day" all because some septic says he will release some oil?

I get the impression that a few have run scared and the good old market place is making hay while it is peeing down!

Have fun

[kathryna] 05/10/2005 10:27

This on the way down to 2-80 again if it fails at 3-10. Worth a buy at around 2-85 imho.

[green sand] 03/10/2005 13:14

Hi DJ, you are made of stronger stuff than me! I am still in from around £2.60, so overall quite happy, but it is a bit too volatile to get me to top up. I know I should, but for the time being I am sitting on my hands.

Good Luck

[green sand] 03/10/2005 10:49

Takes me back to my childhood!

Have a feeling that the movement of the last few days has more to do with the following rhyme than anything else :-)

"The Grand old Duke of York he had ten thousand men
He marched them up to the top of the hill
And he marched them down again.
When they were up, they were up
And when they were down, they were down
And when they were only halfway up
They were neither up nor down."

Don't suppose we will get anything from Numis until after the 28th so the run up could be indicative??

Have fun

GS

[diogenesj] 03/10/2005 10:40

Picking up now. Panic over?

[diogenesj] 30/9/2005 10:59

Yes, I think you're probably right, GB. You had more courage than me and bought more cheaply.

[greatbear] 30/9/2005 10:51

DJ
Sellers appear to have dried up now (or at least for the time being).
My target is still above £4, but will review when new forcasts come in.
Mining (like oil/energy) is still very much in vogue, and this stock as the best growth potential/solid earnings IMHO. As you say, as long as no bad news is about to come out of the woodwork. I believe we have hit floor level and now simply wait for the price improvements.

GB.

[diogenesj] 29/9/2005 18:14

Seems to me the shares are probably good value now, unless there is some really bad news we don't know about. There is clearly plenty of stock around: Squaregain were offering up to 25,000 online. Still, I averaged down a bit today at 313.6p. No one should follow me, please, because my timing is notoriously cr*p.

[gardenboy] 28/9/2005 18:55

taken a bit of a hit here recently, but tempted to buy a few more as the share touched and bounced back up off the 200ma today.

[diogenesj] 28/9/2005 18:32

Wish I'd sold all of them myself now, myopia. I've been in and out of these for a long period, even buying some more at 415p not long ago, and I think I always made it fairly clear that valuing mining stocks was not my thing. I've been trying to follow the trend, and I did take some comfort from the very bullish Evolution forecast. However, I now realise that Evolution were only the house brokers for a very short time, and never revised their forecast, so we are in the dark as we were before. We shall continue to be in the dark until 28 October, because the interim results have been delayed while the company tries to work out the effect of the new international accounting standards.

It's hard to believe that these can fall much further, but after the last couple of days I'd believe anything. If that Evolution forecast was anywhere near accurate, the shares now look very cheap. But wtfdik?

[myopia] 28/9/2005 18:07

Diogenes...wish you'd mentioned at the time you were selling some at around the 420p mark cos you've seemed to say some sensible things on here in the past and I might have followed your lead although I had thought you were very bullish on the stock even at the high levels recently.

Anyway sold out today for around the 300p mark having hit my stop loss and feel pretty miserable about things generally especially as the ftse 100 seems to keep rising and rising and I have nothing in those stocks.

Don't like the look of things here anyway...and i think there are a few rampers on this board that I have let myself be conned into believing dreaming of massive gains etc etc.

older and wiser!

[greatbear] 28/9/2005 12:43

DJ
I believe you are right, and I am using Evolutions forcast. The forecast as not changed within Sharescope since early June, and therefore it looks as though any Numis forecast (if there is one) as not been reflected in the Sharescope forecast figures.
GB.

[diogenesj] 28/9/2005 11:49

It's always been volatile, but never quite as volatile as this. The disturbing thing about that forecast, GB, is that it was made during the brief period when Evolution was the company broker. It looks as if Bisichi fell out with Evo and replaced them with Numis. If Numis have made a forecast, I haven't seen it.

[greatbear] 28/9/2005 11:44

Well, I'm back in again at what appears to be a bargin price, 309.
This is worth well over £4 on current EPS forcasts. Cash flow is good, etc etc.

No explainable reason for the fall.

GB

[kathryna] 28/9/2005 11:16

this share is notoriously volatile.many of the shares are closely held but a double dip down to a strong support at 2-80 represents a good buying oportunity.

[diogenesj] 28/9/2005 11:02

Certainly has been extraordinarily volatile recently. Can't see any reason for it, and volumes have been pretty low. Sold half of mine recently at prices from 422p to 360p, but I'm stuck with a few. Oh dear, should have listened to Stan. :-)

[kathryna] 28/9/2005 10:18

what is happening 2.90 to buy? fill your boots.good support level.worth a little dabble i think.

[westcountryboy] 24/9/2005 08:08

I wouldn't worry. I see this as a long-term hold. They have good assets, underpinned by property at home. There will be fluctuations, and perhaps the recent spike was an occasion when the price got ahead of itself, but it's very difficult to say in the absence of more detailed info. So not worth worrying about.

[myopia] 23/9/2005 17:37

doesn't this look like something more fundamental?

[skyracer] 23/9/2005 10:30

The MM's love dropping the BISI share price to scare out sellers. Works every time.

[bisiboy] 23/9/2005 09:02

a few sellers and a bit of tree shaking going, nothing to worry about imho.
you may see a big bounce latter this afternoon.