Charter Intl Share Discussion Threads

[mamlo] 07/11/2006 09:49

banked half my profits. everytime it tries to rally and touches its short term moving averages it gets hit down. i don't know why it is struggling to make headway in such a redhot market but there are too many chart breakouts elsewhere to waste time on those that are weak. good luck with it.

[intrinsic value] 07/11/2006 08:18

Huge breakout from CKSN after saying demand from china is strong. Might have a knock-on effect

[rochdae] 07/11/2006 00:24

Again the market's just too strong atm for a quality stock to deline by too much. Shorters in my opinion are a fickle bunch and won't swim against the tide for too long. Then it's the next great leap forward.

If the markets stay in this mood, £12 shouldn't be far off.

[scottishfield] 06/11/2006 21:28

Off-topic, sorry,

Hi Tillman,

Very interesting to see yr p'folio. off topic I know, but have you looked at DCC. No thread here, but take a look; I have been a holder for some time, results due next monday. Think you may be impressed. I'm also in SFr, CHtr & Vpc,(amongst others)

Rgds, S-field

[tillman] 06/11/2006 21:19

ref. srhm11 - 5 Nov'06 - 20:50 - 1339 of 1341


Whats your current favourite then Tillman?

============================================
Srhm11....might as well just tell you what's in my portfolio starting off with the biggest holdings down:

SFR..perhaps my favourite. easy to not worry about. directors selling recently wasn't ideal but they have kept selling all the way up and it isn't worrying me at present..nice divi too.

SFR
SOLA (would have been biggest in value but for being stopped out of 1/3 of my position on the recent plunge... prior to the share price rocketing back up ;-(
..good news was I could have been stopped out totally if my stops had activated properly but it was one of those times when you are grateful that your broker couldn't activate the stops for some reason :-)
CHTR
RCG
BTC
VPC (small s/b long)

Always on the lookout for good quality companies but tend to avoid the very small cap stocks.

[joycey2] 06/11/2006 11:01

morning everybody, opened a new long position. hoping to see a bounce back over 900.

[rochdae] 06/11/2006 00:09

A move below 870 would need a weak general market.

Perhaps, perhaps not, but strenght over the next few months is more the norm, and professional shorters are aware of it.

Probably see more volatility, no doubt. But I'm not really a trader, so will look for an opportunity to buy a few more if it comes.

Trading is ahead of expectations and that's good enough for me.

[srhm11] 05/11/2006 20:50

Whats your current favourite then Tillman?

[tillman] 05/11/2006 20:39

ref. 870 has to hold

...I guess it won't hold then!....the share price is so volatile and so easily moved (or so it appears) that I reckon 870 is what everyone is looking at and whoever is controlling the share price at present will take 870 out.

Why? ...cynical old me reckons the share price will break down through 870 and take some stops with it and then new shorts will be instigated or existing ones increased. The game/strategy will then be worked out.

I reckon that a share price of around 860 will do the trick but predict it could hit 855 before the players turn the tables and take the share price up...probably quite sharply judging by charter's volatility.

Please note that I am not de-ramping here as I believe in chtr and hold stock...am just expressing what I think will happen. I personally could do with a lot less of the volatility and chtr is no longer my old favourite even if it's nice and cheap.

[steeplejack] 03/11/2006 16:36

Would someone enlighten me as to the pitiful size of some of today's ATM trades.Trades going through for 1 share only,4 shares and 20 shares.

Well post 4-30 reveals a different story i guess.

[cockneyrebel] 03/11/2006 15:07

Buying picking up in the afternoon again - US buyers about?

CR

[intrinsic value] 03/11/2006 14:08

Yes, 870p was also the May highs, so it should be support. We might even get a little bounce with shorts closing at that level. Why this company keeps getting shorted is beyond me. There is no debt and very cheap on fundamentals. It must be the welding issues.
There could be another reason, but far be it from me to speculate.
I just want it to go up sometime especially as this market has just taken off.

A reminder from a month ago:

Charter +5.4% at 862.5p amid suggestions the company is the target of a private equity bid, notes Panmure Gordon. Analyst Oliver Wynne-James is skeptical however, as the company has ongoing liabilities regarding welding fumes, which make it unattractive to buyers. Says it is conceivable that its Howden business could become a target, but doubts the company would allow a breakup. Points out the stock is heavily shorted, thus believes some people could be buying to close short positions before the quarter-end. Charter not immediately available for comment. Has a buy rating, 965p target.

[shoee62] 03/11/2006 12:20

We stand corrected, thank you mamlo

[steeplejack] 03/11/2006 12:17

I think there's a particular player here who is exacerbating the swings.I agree if it breaks down through the bottom of the trading range it looks bad but i'm no chartist.What is fascinating is how they swing the stock on such limited volume albeit that the SB/CFD activity is hidden from view.I reckon the MMs went short on the Investor Day and are making hay.It'll pass.The largest single reported trade so far today is slightly over 5500!

[mamlo] 03/11/2006 11:35

back to 880p as predicted. it is none of the charting patterns mentioned above. if it slips below 870p it is in a m formation from that double top and will go back to support at 790p. 870 has to hold

[gaean0] 03/11/2006 11:17

Remarkable and unique stock behaviour.
Even though the buying orders are weak,
it resists like a balloon underwater.

[bigbigdave] 02/11/2006 19:01

Curry bottom after tonight Cambo 8-)

[cambium] 02/11/2006 16:47

you speak for yourself dave

[bigbigdave] 02/11/2006 14:06

Hammer bottom?

[cambium] 02/11/2006 13:50

Thanks for the kind words tillman,

I agree a reverse head and shoulders, big push through the tenner

[cockneyrebel] 02/11/2006 12:53

How can that be a H&S ? I can see about 10 in that chart if that's a H&S.

Now if you said to me a reverse head and shoulders over the past couple of weeks I could go for that.

CR

[intrinsic value] 02/11/2006 12:48

Not much of an H&S. No left shoulder. Looks more like a Pennant formation which is a very good continuation pattern, so more upside when it pops.
Needs to stop falling first though. Ftse breaking out again.
Come on Chtr!

[steeplejack] 02/11/2006 12:48

A most gruesome bit of artistry.

[spacemoggy] 02/11/2006 09:30

H & S forming ?????....Rick