Candover Investments Share Discussion Threads

[skyship] 17/2/2017 18:09

Anyone brave enough to take another stab at the NAV after today's good news:
============================================================================

Candover has disposed of the balance of its interest in Technogym for cash
proceeds of approximately EUR9.5 million (GBP8.3 million). Candover's interest in
Technogym was valued at GBP7.1 million in its unaudited accounts for the period
ended 30 June 2016.

[langland] 09/2/2017 10:05

PR at the highest since IPO and first quarter results just announced.

[luckymouse] 08/2/2017 19:45

well hello

[topvest] 05/2/2017 09:43

I've been looking at the Electra annual report. An interesting observation. Candover sold their stake in Innovia for £33M in April 2014. It's now worth £80M. Nice move!

[luckymouse] 05/2/2017 01:59

No worries Skyship - its uncommon but not unheard of for a cont trg to become a reversal - strong news, sentiment etc. Your charts may have added a little interest too :) Its nr a base either way so when the all important sentiment lifts it will rise. Best of luck there.

[skyship] 04/2/2017 16:06

LM - Thnx for all of that hard work on UAI. I must say I think the Fundamentals dictate against a return to your suugested Buy Level of 132p-140p. We are already at a 40% discount; so a drop back to a 50% discount is highly improbable. I'm pleased to see that the 160p level is holding; so am hoping for a break of the CT to the upside.

In the meantime I bought into TEF this week and the 18,13,5 True Strenth Indicator assisted me in the decision process. I posted that over on the TEF thread.

[luckymouse] 28/1/2017 09:55

Regarding TSI(18,13,5) being an accurate monthly lagging indicator ie a 'post-tell'.
I would add that MF divergence off a prior buyzone, (ie base buying off an old btm technical level), also denoted by a hammer candle or two (what the yanks call a pair of pin bars) is the 'pre-tell'..

Very successful recovery specialist CR used to look for a bowl shaped chart together with turnaround news - its all just different ways of looking at the same thing.

[luckymouse] 27/1/2017 14:08

Normally I don't! I just tightened it because monthly is such an extreme long periodicity and the base movement is very recent. On daily and weekly the default TSI settings are perfect. For index trading (which is very difficult, volatile & technical level driven) you might tighten it a touch from 25,13,7 to 25,13,5 - but for stks which are mostly human/MF/supply driven the normal setting is the one - trust me Ive spent hrs playing with the tunings lol ;)

See OXP thread if you want to see it all singing together - which is called confluence (when all the indicators, levels [and pref news] click together at the same time) - confluence makes for high probability set ups. Most folks don't have the trained eye so perhaps only see one aspect.
ATB LM

[skyship] 27/1/2017 13:34

LM - looks to be a highly accurate lagging indicator. Might I ask why you adopt
18,13,5?


free stock charts from uk.advfn.com

[luckymouse] 27/1/2017 12:54

Yes mine is a monthly chart (rare) - and i shortened the TSI period a touch because of that. But i recomend the TSI default value for daily - if combined with other portents technical or fundamental - its v good. Occassionally a switch to weekly will reveal the true cycle.

[skyship] 27/1/2017 12:34

LM - V. interested in that True Strength Indicator; but when I input it comes out totally differently - see below. What have I done wrong - AHH - should it be a 1month candle chart - off to try again...


free stock charts from uk.advfn.com

[luckymouse] 27/1/2017 09:40

Yes the chart & news have to coordinate of course. TA fails when they dont or when there is price manipulation. There are also times where the chart is saying A. and the crowd is saying B. & the chart turns out to be right. So the news can lead the chart or the chart can lead the news. And 'creep' is the crowds pre voting mechanism.

[skyship] 27/1/2017 08:28

LM - surely one of those cases where Fundamentals have to dictate. The red parallel lines in the histogram (presumably they are the retracement targets - primary nodes(!)) have obviously been overtaken by events as the underlying NAV has crashed from 800p to 150p...

That Moneyflow chart is far more convincing.

[luckymouse] 27/1/2017 03:03

It has to be said - the weekly & monthly charts on this thing are amazing - the primary nodes (zones where price naturally gravitates) are just sooooo much higher. Obv the much bemoaned mgt will have to come up with the goods in future - (stranger things have happened). As a technical set up its superb. Only time will tell if events unfold for it to trigger.

[skyship] 26/1/2017 17:42

Re PR - quite right. Now at E15.60 - up 28% from the November low of E12.15

[langland] 26/1/2017 17:08

PR almost back to recent high does not do any harm.

[skyship] 26/1/2017 16:39

Slowly creeping better - now 110p-112p...

[robizm] 16/1/2017 21:41

I sold 15000 at £1.06. I only have a small amount which i may keep to the finals are due next month.

[asmodeus] 16/1/2017 15:42

Ah - I see...

[luckymouse] 16/1/2017 13:44

it needs to confirm is all...that small pull back is...its supposed to do that

[asmodeus] 16/1/2017 13:13

is all what?

[luckymouse] 16/1/2017 12:09

it needs to confirm is all

[skyship] 14/1/2017 17:03

ROBIZM - nice to make a profit when you get it hopelessly wrong! I assume you'll be selling at 106p first thing Monday morning...

[eeza] 14/1/2017 16:38

Wouldn't be at all surprised to see another change of investment strategy at LMS, and scrub round the intended (Lol !! ) two tenders.