Carter & Carter Share Discussion Threads

[smelgy] 31/8/2007 15:56

....................interestingly noticed a 55,000 O trade and a 50,000 O trade today. Director buying or someone stakebuilding?

[flyeye] 31/8/2007 15:48

this share will for sure start is climb over the next few weeks with the pointers that back it.

[chesty1] 31/8/2007 15:43

Hoping for a close like yesterday...

HOT money has certainly moved on all we need now are the shorters to close & some bigger news.

Be lucky to all

[v01101999] 31/8/2007 15:02

you would not believe it .. still stuck to my screen as interesting development on SDX. I had added Long/Short pair on SDX/HTG today. Turned out very well.

[musashi san] 31/8/2007 14:13

Aye, have a good un v !

[v01101999] 31/8/2007 13:31

patience my friend .. I am a buyer at any weakness .. have left some orders in the order book below 119. Leaving for an early weekend. Have a good and profitable weekend every one.

[musashi san] 31/8/2007 13:12

Looks like another test of support...

This has to go one way or another fairly soon. Support and resistance points don't last forever.

One has to give way.

[oracle5] 31/8/2007 12:55

News about a new Group Chief Executive should only be days away.That news should allow the share price to attack recent highs

[v01101999] 31/8/2007 11:45

08:02 50K trade @ 121 is AT (SETS) trade. A broker/market maker looking to fill an order would have put such an order on bid which was filled.

11:07 55K O trade at 122 appears that the position transferred to the client.

There are strong buy at 121 level today.

No theories though however.

Two hits at 121 AT trades at 11:13 (looking indicating a hit on bid for a market market/broker order) followed by two O trades of 10K 121.175 trades reported at 11:32.

To me it seems that the broker/MM is buying for a large client. He/She is putting orders on/near bid and once filled, he/she is reporting the client trade at slightly higher price. Buy At Bid - Very common practice when you (as broker) want to get best price for your customer for a large order.

[musashi san] 31/8/2007 11:05

Strange price action this morning.

Why the initial rise? Why now the drop on little selling?

All I can think of is the 50k reported sell was an early buy which got the MM's all excited... then as they realised it wasn't going to be followed by multiple buying, they've gradually lowered the price back down again.

Any other theories?

[armitage_sink] 31/8/2007 08:50

08:12 31Aug07 DJN-DJ MARKET TALK: Carter & Carter Acquisition Shows Bank Support
DJ MARKET TALK: Carter & Carter Acquisition Shows Bank Support

0712 GMT (Dow Jones) Carter & Carter's (CART.LN) acquisition of training company Blackwater House is evidence that banks are still supportive of the company, says an analyst. Says he was originally surprised that a bank would lend to the group.

Adds that although the GBP1M deal was only a small one, "the company will still have to do some refinancing that will involve equity." Shares -0.2% at 121p.
(JNC)

Contact us in London. [phone]
[e-mail]

(END) Dow Jones Newswires

[thecroots] 31/8/2007 08:49

Blimey, my only 2 stocks at the moment (CART and MMS) both up today.

Would of thought MMS would be more blue due to the news this week.

Maybe that's later today!!!

[musashi san] 31/8/2007 08:33

Dow Fut's looking pretty feisty today as well.

Currently +101

[bushell] 31/8/2007 08:21

v
had to buy back in loooking gooood
spent 1 mil CASH
good sign

[chesty1] 31/8/2007 08:21

Morning all...

Nice solid moves to start the day & LONG may it continue.

Be lucky to all out there & shorters close up & move on its on the recovery road.

[musashi san] 31/8/2007 08:19

Morning Chaps!

Looking good today...

[lfg_1066] 31/8/2007 08:18

L2 looking like we might break through 130, only 20154 to sell on the book!

[chesty1] 30/8/2007 16:52

Nice closure to the day & bodes well for more gains tomorrow..

Slowly slowly will do me from here.

Be lucky to all & sneaky mark up near close..LONGS will win out...

[v01101999] 30/8/2007 16:46

I can see that next attack on 130 level building up and once conquerred, we should be targeting 217-220 region. That should coincide with the year end result announcement and CEO appointment. I think the bank related worries can be safely put away after todays announcement. The banks would not allow the company to spend cash if they were at all worried about its ability to repay debt.

[v01101999] 30/8/2007 16:44

interesting auction (74 K shares traded) and there was a large Market Order to buy. Good positive close. Could have been better but the indications are that there are still buyers in the market willing to come at dips and lower prices. 117-119 is now certainly a good support region and we should see a bounce up from here to test 130 again. Interestingly the resistance at 130 is making a triangle pattern, which is bullish sign. This stock has twice attempted to breach it, each time making a higher low, right on the trend support line (58, 84, 89, 99, 116.5). I would not be surprised the next attack at 130 by tomorrow. A firm close above 130 would put 217 as the next target. Interesting!

[references] 30/8/2007 16:34

I have to agree with other posts. With the mkt cap at only £50m compared to £500m 4 or so months ago the market is still pricing C&C as a dead duck.

However today's news tells me there's some quacks left in this one. It might not go back to laying as many golden eggs as it used to, at least not for a while, but the b*gger's still alive! Carter appears to be badly mis-priced IMHO, and that's all that matters in this game.

[robinbastard] 30/8/2007 16:24

I see no reason why this cannot reach 650p within 12 months!!

[v01101999] 30/8/2007 15:37

I think we might be selling around the same time! we need to look at some other buyer when that happens.

[chesty1] 30/8/2007 15:21

I would let you buy it orf me vo1 BUT I still need it at the mo...

When I retire with me millions its yours matey...

OK this RNS has not set the share price alight BUT it is putting a line under the share price & hopefully we can move up until we get some more BIGGER news.