Boot (henry) Share Discussion Threads

[jedi shorter] 16/12/2004 14:44

yeah i guess thats got to be the way.

[roblonduk] 16/12/2004 13:56

Jedi,

Just roll it you'll be fine....

Rob

[churchtower] 16/12/2004 13:40

Have to admit that this was not expected so short positions covered and out for the moment. Will be watching closely.

[jedi shorter] 14/12/2004 13:23

whats this about 1 billion and interest rate being fixed around 6%...?

[churchtower] 14/12/2004 08:51

This is looking increasingly weak. There have been five successive lower intraday highs since 7/12/04 all having failed to penetrate the short term downward resistance line which commenced on 12/11/04. We may see a short rally at around 626/630 before falling away again. I maintain my stance as in posting 173 above.

[jedi shorter] 13/12/2004 10:44

Come on you git, i havent sat around for over a month for a minimal profit, im due to expire on this shortly.

[churchtower] 11/12/2004 19:03

psps - I would be very cautious about getting back in. 626 is the crunch as it has hit an intraday low at that price on four occasions since 23/11/04. However the strongest argument against buying in charting terms is the failure to return above the support line which commenced on 24/01/03. This support line held on 6/5/04 and 30/9/04 but failed on 17/11/04 and since then it has made six attempts to return above. I would therefore suggest that this is now the resistance line and further falls can be anticipated. We are in agreement about selling for I have been short since 670. I will consider closing this position only when the support line mentioned is regained and holds. However I think the more likely scenario is a fall to about 550 by March 2005.

[psps] 11/12/2004 16:49

630p level is crucial .
i am still waiting for the right oprice to get back in after selling at around 670p level

[churchtower] 11/12/2004 13:52

The only buyers of the shares seem to be themselves. Probably got two for the price of one !

[money4me] 10/12/2004 16:23

couln't have put it better myself. nice doowntrend - long may it continue as I'm short

[jedi shorter] 10/12/2004 12:25

Whhuuu mhah hahah hahah ahahh ahah

Rgds: Intelligent comment of the day.

[aos] 07/12/2004 15:39

Off Advfn Home page today:-

London shares - midafternoon features

FTSE 100 risers
BT group 25-1/4 up 4
Sector rally
Yell Group 442 up 8
Sector rally
mm02 121-3/4 up 1-1/2
Goldman Sachs positive; new 3G launch yesterday
Smith & Nephew 542-1/2 up 6-1/2
Sector in play on consolidation
Compass 230-3/4 up 2-3/4
Peer Sodexho credit rating raised at S&P
Wolseley 886-1/2 up 9-1/2
'Outperform' - CSFB
BP 517 up 4
Sanford Bernstein positive
Boots 646 up 4-1/2
'Trading buy' - Teather & Greenwood
Prudential 442 up 5-1/4
'Buy' from 'hold' with target upped to 486 pence from 450
BG Group 349-3/4 up 1-3/4
Sanford Bernstein positive

[aos] 07/12/2004 13:46

Jedi Shorter - many thanks for the article. Sorry to here that you are shorting. On the other hand, I bought at 6.43 a few weeks ago and have had to sit this one out patiently, so I am looking for a further rise. Good luck and happy investing ;)

[aos] 07/12/2004 10:48

There definitely seems to be something afoot this morning. The price is rising nicely and just hit bid of 647. I have tried getting online quotes from Stocktrade, but there seems to be spme restriction at the moment. Is there some news about to break? Happy investing ;)

[jedi shorter] 06/12/2004 14:34

Coffee to be smelt soon imho.

UK: NOVEMBER SLUMP RAISES CHRISTMAS RETAIL FEARS
The British high street suffered a brutal sales slump in November, heightening fears that the retail sector is set for its worst Christmas in a decade. Data from the British Retail Consortium showed that like-for-like sales in November fell by almost 1%, the first year-on-year decline for 11 months. It compares with a modest rise during October of 0.5%, and a 2% uplift a month earlier, sparking fears that consumers are tightening their wallets at exactly the wrong time for British retailers. "November was a horrible month because it was so variable for most chains," said a senior industry source. The BRC data will reveal that "big-ticket" retailers, such as electrical-goods stores and furniture chains, were hardest hit during November, while fashion retailers - with notable exceptions such as M&S - did not fare as badly as some had expected. Although some analysts had forecast that the like-for-like sales fall would be closer to 2%, the reality will be sufficient to deepen the gloom. "The position is incredibly precarious," said an executive at one of the UK's biggest fashion chains. "Everybody is nervous in a way that we have not seen for years."

[jedi shorter] 02/12/2004 14:49

likely another buyback of there own shares, there spending an awfull lot on this and each time there cancelled it has the opposite effect of dilution, its what propping the price up imho, mm may be aware of there large buyback and want more for it, they got the last lot for about 627.

[crammy] 02/12/2004 13:30

the news sections show some purchases of their own shares - might have created a short false level of buying interest and if more is to come then mms may lift the price a bit

cant see it lasting though (famous lasst words)

[jedi shorter] 02/12/2004 10:53

its very media sensitive, cbi report of a naff xmas knocked the price the other day but was countered by another report forecasting an increase in this years xmas spend.

also said people are rushing to bargains and boots is doing a 3 for the price of 2 product range, im still convinced there xmas turnover is going to dissapoint but we need the media to confirm dismal trading across the retailers.

[aos] 02/12/2004 10:42

Jedi Shorter - It sure has been quiet here of late. Has anyone any idea why we are seeing a 1.5% recovery this morning? Is it because people think that the share has been oversold or are we just being dragged upwards with the rising trend? Maybe there could be something else waiting in the wings. Happy investing ;)

[jedi shorter] 02/12/2004 10:34

?????

any comments will be welcome.