Christian Salvesen Share Discussion Threads

[renegade master] 13/11/2001 13:41

this one on the rise again, chris do you have any realistic guess as to how far then price could move up?

[chrisg] 12/11/2001 23:34

Depends how much punting money is afloat in this one. But if one does not have to sell to raise the money to chase the next "hot tip", it might be worth reflecting on exactly how much benefit the recent noticable fall in fuel prices will have been helping Salvesen's profits. Bearing in mind the problems the company reported on the way up, one can imagine the joy in the company now they are on the way down again!

And a sumptuous yield too!

Sold previously a while back at 170p, but back in at 89p looking for some good upside from here. Robbie Burns will have no impact on the price movement over the next few months. He's irrelevant. Apart from the magnificent buying opportunity that will arise if lots of punters follow Burns over the cliff when he bails.

[raym] 12/11/2001 21:16

i know mr burns thinks this could be a quick buck but dont all bale out too quick or u might MISS out!!!!!

[pav 1] 09/11/2001 14:20

nice price rise today definately something going on.

[idioterna] 06/11/2001 10:56

I love this Robbie Burns guy, he saved my bacon, but I can't understand all the buyers who trapsed alonf after him and just bought into SVC without knowing much about either the company or the sector. SVC has some serious management problems and it doesn't look like Custos wants to come back. I was glad of the chance to bail-out at a break-even price and get into a good candidate in the same sector CKN with, I might add, a sound management team and a p/e of 4.4. Watch out, SVC already has rusting hull, one more hole and it'll be a watery grave.

[£note] 06/11/2001 00:30

Suspect 3 * 350k trades are buys as mid point of bid/offer was 85p and they went for

86.93
86.00
86.50

Regards

[chicken] 06/11/2001 00:25

3*350k delayed trades,
i'm not sure if these r buys or sells
anyone got opinion ?

[£note] 05/11/2001 16:15

Chicken

Yes, been a holder of SVC since 19 Oct before current speculation began.

Normal daily volumes are 2M or less so something is afoot.

I note also that Cazenove SVC's broker has a 10p spread compared to all the others at 5p, concluding that Cazenove is amongst the buyers @ 87p and not selling @ 97p.

I do not think Hays are interested as they walked away after the last attempt at a takeover.

The rest would be speculation - so do not know.

[chicken] 05/11/2001 15:48

£note are u watching these trades wot u make of this?

[chicken] 05/11/2001 14:05

few more sizable trades at 87.5
think some delayed trades coming thru later on again

[£note] 05/11/2001 14:00

Reckon the 6ook is a sell Bid 85p offer 89p mid = 87p

[chicken] 05/11/2001 13:44

£note what u make of the 600k?

[humbugg] 05/11/2001 13:10

Some very nice chunky buys today.
:-))H.

[warranty] 04/11/2001 17:20

Could be Hays as they have lost a number of good contracts this year on their distribution arm.

[stocker] 04/11/2001 17:14

Guardian speculates that Hays mayeb the bidder

[chicken] 03/11/2001 17:25

Couple of bits in the papers:
The Times comments of revived bid speculation (i havent seen this article)
and a fairly chunky write up in the Mail which i have read they talk of MBO with Custos are selling their stake and that Edward Roderick CEO has had disscussions with a u.s. private equity specialist about taking the firm private as he and the board are miffed to say the least with the paltry valuation of the company.
They go on to say that if Cazenove are hoovering the shares up then it might make it easier to take the firm private.
Plus it goes on some more suggest its worth buying for full details - too long to type out.

C

[bigmolly] 03/11/2001 09:34

This might help.....PS I have SVC in this months competition

[tony14] 03/11/2001 00:38

Chicken, Robbie Burns is an experienced trader and has a feel for the markets. I have profited from some of his picks in the past but have not looked at his page for quite a few months. It must be comforting to know that you have an audience that will pile into anything that you "BUY". Although his page carries all the usual disclaimers one cant help but feel that there is a little "exploitation" going on but hey good luck to you if you are banking regular profits as a result.

[chicken] 03/11/2001 00:21

i had some very good gains from his tips, more recently voc, tbi, amlin ,dragon oil , bioglan , celsys , fisher . plus many more. if u get in early good gains to be made i always try and post on bb when they come out as many peeps at work with no access to tv.
just read txt again he updated saying he been watching trading building in bombed out svc and bgt at 78 or 79p he got a good eye for shares imo. And yes i do buy most of them - not all. wots your opinion of svc? vol high today.

Regards

C

[tony14] 03/11/2001 00:20

Robbie Burns seems to have following that get excited at anything that he "buys". Remember he is not a tipster but a punter that keeps a diary of his sharedealing. I have not looked at his page for a while but believe that he invests a "mythical" £5000 in each stock for the purpose of the page. He may in real life actually invest more or less than the £5000. The page is quite useful for short-term trading ideas but remember that although Robbie Burns has a captive audience he is always ahead of the game. For what its worth SVC was mentioned in the press as likely to rise as a stock overhang had cleared. Good luck to all but remember to DYOR!

[morose] 03/11/2001 00:04

C
Do you buy all his tips immediately after publication on text?
Note this is up 6% already.
By the time you buy it's too late I've found.
What's your experience?