Charter Intl Share Discussion Threads

[cockneyrebel] 13/11/2006 12:40

lol - buy a fire extinguisher then mamlo.

CR

[mamlo] 13/11/2006 12:39

the only strength was a manipulation of the spread. looking to short to 870. stop above 900

[cambium] 13/11/2006 11:44

mini pennant forming

c'mon baby

[rochdae] 13/11/2006 08:52

Fancy a bit of strength today.

[diogenesj] 12/11/2006 22:36

Only since about 1999 in my case, Tillman. Opmoc/compo was already rambling even then.

[doubleorquits] 12/11/2006 00:04

I think we may well get a trading statement pretty soon as CR states in post 1381. We had a statement last year on 29th November so it is likely that we will get something similar this year. The investors day sounds as though it was interesting with an upgrade from Panmure Gordon the next day. I think any TS will be enough to start the re-rating as I cannot see the news being anything other than good and CHTR following the lead of CKSN.

With the forecast of 80p for 2008 as well I feel confident that PM's target of 1010p will lead CHTR upwards as we turn into January and the results in March. I am sure that a lot of interest will increase as the results approach - some from short term traders who will be looking to get on the back of any rise in the weeks running up to the March announcement. On a PE of 14 or 15 the forecast of 80p suggests anything up to 1200p is viable in the next twelve months or so.

Of course if CHTR confirm that trading is still strong and ahead, then an EPS forecast of 80p will still be too low.

I'm not a chartist but CHTR keeps breaking out into new highs and I guess that will also help the re-rating happen sooner rather than later.

[srhm11] 11/11/2006 23:12

CR and doubleorquits

EPS of 32.5 in H1 plus the following statement

"Given the strong market conditions which are currently being experienced, ESAB
and Howden are well placed to achieve growth in the second half of the year over the comparable period in 2005 and the Board now expects that the full year's results will be ahead of its previous expectations."

...should mean EPS of over 70p I think. Should mean a rerating soon but the only thing is final results are not till March 07. Thats five months away. When will the rerating come in your opinion?

[cockneyrebel] 11/11/2006 21:50

Okay, but I'm looking at Proquote and their numbers are the same as here and dated 12/10. 64.41p and 74.25p.

Panmure is the only one that I can see is up, up about 0.5p this year and 1.5p next year.

I don't get the dates on H.S as they change frequently with no adjustment.

Numis and UBS both have 64p forecast for 06 which will get beat imo - having done 32.5p in H1, which could even mean they hit 2007 concensus 0f 68p in 2006 imo.

CR

[doubleorquits] 11/11/2006 21:18

CR - the UBS numbers are better than before. 2007 is about 1p better than before. These are confirmed with by Proquote. Interesting to note that Numis forecast 80p for 2008.

[cockneyrebel] 11/11/2006 19:18

Intrinsic Value - there's newsflow to drive this one over the next few weeks, like a trading statement.

That will getthis moving imo.

CR

[madmix] 11/11/2006 19:04

Nephin,

About £20 would be needed, (£3.3bn market cap) so don't hold your breath!

[nephin] 11/11/2006 18:23

Does anybody know what price this share has got to reach for it to go into the FT 100?

[intrinsic value] 10/11/2006 12:19

Agreed. But whether it is Morgan Stanley selling or shorters trying to hold onto their last support, 900p has been a bugga to crack these last weeks.
That's the thing with Charter. It has great breakouts, but the consolidations can last ages.
Never mind, it looks like we are at the end of this consolidation - 900p should go soon enough. With any luck, today will be the day..

[cockneyrebel] 10/11/2006 11:17

If you look at the chart it's made another small bowl pattern. I'm sure these occur when sellers hit a stock. Initally, as stock come son the price starts to fall then as the stock starts to dry up it reverses, often one large seller.

Morgan Stanley said on Sep 20 they nolonger had a notifyable interest which means they could have anyting up to 2.99% to sell still at that point. I reckon this little mini dip has been cause by them selling that last bit in part.

Must be done nearly now - chart in an up trend again, if we get a breakout and that trading statement at the same time these are going a lot higher imo.

CR

[cockneyrebel] 10/11/2006 11:17

same post got displayed 3 times somehow - deleted 2

CR

[rochdae] 10/11/2006 11:08

Just another period of treading water. The last one lasted 4 months, but that was over the summer with no newsflow.

The xmas period is another matter ... and some trading news should be released this month.

Think we will see a big move north at some point. Certainly worth waiting a few more weeks for.

[steeplejack] 10/11/2006 11:02

Completely agree but it's like walking through mud at the moment.