Blackrock Intl Share Discussion Threads

[657jim] 13/7/2001 23:01

this an intresting stock shares mag has tipped them on thursday yet no buys today,looks like testing the £2 level again think we will see next week. Looks a good buy just a question of when as this type of stock has been hit hard it could go lower ?
They have a 75 year history so seem a solid company what they do is not realy related to most of the tech boom stocks, not internet related.
well im keeping my eye on this one. ??????????????????????

[raj bunta] 13/7/2001 14:31

Currently down a penny today (@ 202.5) and the amazing thing is that NOT a single trade has gone through yet!! How bizzare ?!

[raj bunta] 12/7/2001 16:44

Up a penny today, but won't be enticed to join the bandwagon until it breaks 220.

Alternatively, will wait for a sub 200 price to establish.

NUFF SAID for now !!

Good Luck, and all IMHO/DYOR etc ...

[raj bunta] 12/7/2001 00:31

Sorry Mac,

No offence mate, but I'm not as 'learned' as your good-self on reading/understanding the above info - and (humbly) request that you interpret into English prose for the 'uninitiated' - Cheers.

BTW - do you always believe what the brokers say ?

[mac] 11/7/2001 12:05

Update on Broker outlook after Interims.

Nice to see forecasts holding up at the 21-22p level & dividend holding.
Rowan Dartington 26-Jun-01 BINC + 10.0 - 21.7 - 14.5 12.0 - 25.9 - 14.5 -
Williams de Broe (Birm) 27-Jun-01 H/B - 9.75 - 21.2 - 14.5 - 12.0 - 26.1 - 14.5 -

[raj bunta] 10/7/2001 15:46

Mac,

Yes, strange indeed, but i'm feeling kinda 'strange' at the moment.

BTW, what do you make of the recent price drops over extremely 'LOW' volumes ? It's NOT as if this stock's price is terribly volotile or anything - is it ?

[mac] 04/7/2001 23:26

Nice to see stock up on such a Bleek day.

Strong Support 200p

Resistance 220p & 250p

Momentumn on the floor, inotherwards next move more likely up than down.

Priced for recovery with 7.1% yield.

Clear volume up at this support, on day of results over 90% vol was 203-205p, ie not a chase the price down day.

Director buying, at this level.

Break either way will result in fairly large move.

Also note Novar reporting good trading in building security sector.

A strange stock to short Raj

[raj bunta] 04/7/2001 00:48

In post 26, I indicated that:

"It will clearly break 200p (maybe down to 170p) before having another go at the 220 ceiling"

We are getting very close to the 200p mark today. Unless we hear some good news shortly (i.e. Directors buying in etc.) then unfortunately we could see the price dip to 170p-175p as I continue to stress.

IMO/DYOR etc.

[raj bunta] 02/7/2001 16:22

Contoul,

So what are you saying exactly ?

What are the prospects, during the next 3 month period, of this share:

a) Breaking beyond the 220p mark ?
b) Dropping below the 180p mark ?

Thanks

[raj bunta] 29/6/2001 00:15

Are there any chartists out there, willing to take a good look at these and give us a balanced opinion on the prospects for the share ?

[contoul] 28/6/2001 15:49

Lower lows and Highs.Negative momentum. Recent low (close) 203.5p . 220p strong resistance. Decisevely out if 203p(close) breaks and in watch list only if 220 resistance is brocken.

[raj bunta] 28/6/2001 00:32

Since rising to about 220, earlier this month, this share appears to have lost some ground again.

It will clearly break 200p (maybe down to 170p) before having another go at the 220 ceiling.

DYOR.

[raj bunta] 27/6/2001 16:46

MAC,

Drawing a line from the low-point of May (218) to the low of June (204) indicates (to me) that we'll see a sub 200p price in the near future (1 month).

BTW I am NOT a chartist so DYOR. (No disrespect intended.)

[mac] 27/6/2001 14:59

Raj

Can you explain the clearly will break 200p? As it is not so clear to me.

[philjh] 18/6/2001 09:51

Yet Another announcement that Schroders are buyers of 250k shares on 14th June

[mac] 13/6/2001 14:03

Thanks 17.315

It would seem that ADVFM don't have all the RNS ann's. A problem I have seen before & written to them about.

Anyhow another Schroder's client buys 300,000 this time, ann today.

Clearly we have strong support in the low 200hds.

[mac] 12/6/2001 13:12

PhilJH My mistake, I have got my records in a bit of a mess, by the look of it.

Here is the Hemm view today

Major Shareholders:
(11 Jun 01) 31.17m 5p Ords - FMR Corp & Fidelity Inv Mgrs 12.80%, SLC Asset Management 5.71%, A C Elliot 12.94%, Other Dirs 0.24%.

SLC have sold down to 4.02%, ann today,

Funny I have had Schroders as high as 14% last Nov, but now they are not listed?

Looking at their stmt again, they actually say disposed of & give a 13.9% not listed on Hemm? see below. Any further clarification on major holders welcome.

Anyway someone is buying, price nicely bottomed out. I bought more at 204p & holding for recovery.

Schroders note:-

7) Number of shares/amount of stock disposed since last notification 286,161
8) Percentage of issued class 0.918%
9) Class of security Ordinary shares of 5p each
10) Date of transaction not disclosed
11) Date company informed 5 June 2001
12) Total holding following this notification 4,346,507
13) Total percentage holding of issued class following this notification 13.946%

[philjh] 11/6/2001 19:40

mac, see todays announcement - Schroders BOUGHT 1.1m shares on 7th June - they paid just over 203p per share.

[mac] 08/6/2001 00:06

Interesting day yesterday, technically.

Huge volume & nearly all of it in the 202-205p range & balanced between buy & sell.

Schroders sold some, but I wonder who the buyer was.

[dan_bach] 07/6/2001 18:47

Blick PLC
7 June 2001


The Company was notified on 7 June 2001 that Michael Lee, the Chief Executive,
purchased 3,000 ordinary shares in the Company at 204p per share on the 7 June
2001 increasing his total shareholding to 45,395 ordinary shares of 5p each
(0.1456% of the issued share capital).

[dan_bach] 06/6/2001 19:56

15:05, Wed 6 June 2001
Blick hit by US slowdown
Blick shares slumped today after the company, which supplies security and communication technology, unveiled lower first-half profits and warned that the US slowdown has started to bite.

Full article on Citywire at :

[mac] 06/6/2001 10:33

I think its a cautious statement but they are saying positive things, re business development; market devmt in USA & new product wise. Sales have obviously fallen off in recent months with the global slowdown, as at the AGM they stated the first 4 months were ahead of last year & they have closed H1 down slightly.

Holding the dividend at 7% yield is very good news. This should underpin support at around current levels. Although there are a lot of small holders selling out. As far as I see it, at this level its cash with a good yield & upside when the reorganised business shows stronger growth, which it will as economies turn up again with reduced interest rates.

Interestingly Opt Profit is up to 4.128m (3.418). Also cash flow is good. Gearing improved to 10% from 37% at the last yearend. Also with strong cashflow Alfia Services car parking security business looks very affordable.

I wonder what impact Alfia Services & the new Security solution 'Portica Pism' will have? I also like the detailed information & that the results have been audited.

The AFX stmt summarises quite well, although the significant contracts in same period last year is not highlighted.
6.5.01
LONDON (AFX) - Blick PLC said its new U.S. operations are doing well and
that it expects improved performance generally, despite uncertainty about the
economic outlook for the U.K. and U.S.
"Our new operation in the USA has started well and is gaining momentum.
Although the economic climate is uncertain, we remain committed to our market
and product development plans," said chief executive Michael Lee.
Chairman Alan Elliott added Blick has seen some weakening in demand in the
U.S. and U.K. but he does not expect this to pose problems.
"It is too early to judge whether this is just a temporary phenomenon, but
we are taking a cautious view and reducing our cost base accordingly. However,
we will continue our market and product development initiatives and our
strategic acquisition plans and I believe that the actions we are taking will
deliver an improved performance now and in the future," Elliott said.
Blick also announced its pretax profit rose to 5.0 million stg in the six months to March 31 from 3.1 million stg a year earlier. The sharp rise in profit in the latest period included 1.2 million stg from the sale of discontinued
operations. Blick said its disposals programme was completed in the first half.
"As a result the group is now better placed to grow in its core markets of
security, communication and time management, Lee said. Blick bought Alfia
Services Ltd in May, increasing its presence in the car parking and security
market.
Profit before exceptionals, tax and goodwill fell to 4.4 million stg from
5.1 million stg.
Turnover fell to 38.5 million stg in the six months to March 31 from 39.5
million a year earlier,
Earnings per share rose to 11.81 pence from 8.78 pence.
The interim dividend was unchanged at 5.0 pence per share.