Carter & Carter Share Discussion Threads

[ron burgundy] 21/9/2007 10:46

Are you a holder railwaymen ?

[anotherguru] 21/9/2007 10:46

railwaymen, looks like its heading back down there now! some large swings.

[ron burgundy] 21/9/2007 10:39

Back below 95p.

3-4 weeks to go before results. This will probably be all over the shop during that time.

[anotherguru] 21/9/2007 10:33

two goes so far.

[anotherguru] 21/9/2007 10:14

now £1.00 is resistance! shame we couldn't get up through it as easily as yesterdays fall through it!

[ron burgundy] 21/9/2007 10:05

I still think it'll come good eventually, but I'm still not certain short-term.

I'm surprised this has gone back over resistance at 95p, so wouldn't be surprised to see it fall back below.

[anotherguru] 21/9/2007 10:00

no way am i buying these again, but i do still hold some from much higher up!

[anotherguru] 21/9/2007 10:00

are you kidding!

[ron burgundy] 21/9/2007 09:59

Tell me about it !

Did you buy any yesterday mate?

[anotherguru] 21/9/2007 09:55

RB, this is a mad one!

[v01101999] 21/9/2007 08:20

order book today is reverse of what it was yesterday afternoon.

135k v 23
87/90

that was some tree shake if someone could bring prices down by 40%.

[v01101999] 21/9/2007 08:03

and regarding the tripple witching ->

a) UK stock and index options settled betweeen 10:00 - 10:05 by way of auction process. So there is no need to get panicked by last closing hour price movement.

b) applies only to FTSE100 stocks. CART is way down the league. There are no listed options on CART.

Traditionally people try to create a big deal out of these stock and future expiry. By experience, it is not such a big deal. I have been doing these for ages and if you can mange your option book correctly, all you need to do is sit back and watch. You flatten your books by Wednesday and Thu/Friday trading is immeterial except to collect the money for options expiring in the money.

[maestro4] 20/9/2007 23:34

off topic
guys have a look at renewable power & light (rpl), currently oversold. mkt cap 26m with net assets of approximately £44m. Bargain!!! imho

supplier failed to hounour contract few months to go, court case commenced, looking for alternative supply of fuel. has circa $50m in the bank...

expect update in the interims on Monday!!!!

92% of shares are held by institutions and directors, not many are available..

dyor

[drjudywood] 20/9/2007 22:07

Freaky Friday is upon us.. ibaisaic 3
Strange day tomorrow, Ive been banging on about this for a couple of days now, some have probably experienced Triple Witching before, but be very careful tomorrow.

Tomorrow is the end of the Quarter when 3 expiry dates occur at once, the Index Futures, Index Options and the Stock Options all expire at the bell tomorrow. The last hour of trading is usually a pantomine and very volatile as investors scramble to close positions before the bell.

Some signs of strange share price movements will be seen during the day, if you are long on your stocks then there is no problem but anyone who has short-term plays, either stocks or spreads could panic with some of the changes that may happen.

As far as NRK is concerned I would think that most of the shorters are out or near closed already and in my opinion for what it is worth, I see NRK actually strenghening from here or here abouts...not a rec to buy though, no-ones that clever, not even the analysts...gl and beware.

[elssworth] 20/9/2007 22:03

I have a 8p level 4 target
Hope this helps

[drjudywood] 20/9/2007 21:11

if it had gone up 30p and they said there was no reason for rise it would plummet so the reverse will happen 105-110p range

[ron burgundy] 20/9/2007 20:58

Well, £1 was well and truly broken, and there was little support below.

The statement by CART may have stopped the share price from going into freefall, but the finish today doesn't bode too well for tomorrow.

As someone posted previously (maybe on the other thread), can management be trusted when they say they see no reason blah blah blah ? From past experience... I'm not too sure.

I see quite a bit of uncertainty leading up to the results, and maybe a few buying opportunities at lower levels.

[only who?] 20/9/2007 20:33

Tend to think price might be up slightly early tomorrow, then fall off to its previous 70p level.

[deanmatlazin] 20/9/2007 19:12

lot of times when the company state 'there is no reason for share price to fall' - most of them LIES. THEY DO KNOW. + They maybe not been shortlisted for Mega Contract - supposedly result this month!

[drjudywood] 20/9/2007 18:19

THIS WILL BOUNCE TO 110P TOMORO..trust me

[v01101999] 20/9/2007 18:16

GTA5 - 20 Sep'07 - 17:54 - 5883 of 5884

I think the following:

a) Recovery to £12 is unlikely, specially in 1 year. That level was crazy and ripe for shorting. But these shares should trade on PE of 10 - 15 and that requires a re-rating. At current level markets are suggesting a 100% or more dilution which seems unlikely.

b) Downward spiral -> well there will always be buyers for every seller and I agree, sometimes the buyers will be frightened and short term the prices may go down as it did today. We have not seen large institutional sale recently (unless bear stern come out by Monday to say that they sold in today's drop !)

c) Take Over -> has a good possibility. This is a ripe sector and company is manageable. If I had such money to offer, I would make the bid.

[hvs] 20/9/2007 18:14

I thought its already BROKEN ?

[1224saj] 20/9/2007 18:14

An unknown P/equity group are in play to aquire and break up the company

[hvs] 20/9/2007 18:07

Are they based in NEWCASTLE ?