Cookson Share Discussion Threads

[rwlly] 06/7/2011 13:24

Montyville2 Me too.

[montyville2] 06/7/2011 10:10

CKSN is a very volatile stock and oscillates 50-60p either way, however I still have a year end target of £8.20 and I see no reason why it won't get there - but definitely not in a straight line. that's my view anyhow. wish I had bought last week!

[rwlly] 06/7/2011 07:37

Where to from here any ideas?

[daz] 21/6/2011 13:38

Yes, perhaps should have sold some on the spike this morning but if the markets recover, I can see CKSN moving towards the 700 level again.

Hopefully there should be a trading statement in the next few weeks, confirming they are meeting expectations.

[huntie2] 21/6/2011 08:25

well done daz on picking up some more shares yesterday. looks like a good move, this morning!

[daz] 20/6/2011 08:51

Yes, the IMS was very positive and they specifically say they have been able to pass on raw material price increases in contrast to ESAB at Charter.

The fall doesn't look justified in my view so I took the opportunity to pick up some more.

[huntie2] 20/6/2011 08:21

cheers, billy, at least that helps explain things.....take a little comfort from CKSN's interim management statement of a few weeks ago...

[billytkid2] 20/6/2011 08:19

Charter profit warning

[huntie2] 20/6/2011 08:18

hmm...big opening drop here...can't see any reason for -4% myself, but the markets obviously think otherwise!Hopefully once the markets stabilize - whenever that may be - these will react quite sharply.

[daz] 13/6/2011 10:02

Looks like a buy point based on the recent trading range

[barlick] 01/6/2011 18:57

Always surprises me how when we predict the future sp, up or down, we go to such extremes?

AndyRobo69

'690 today,the good news out of Japan should hopefully see this bounce through 750 in the very near future.'

Methinks you are just setting yourself up for diappointment as you are totally disregarding general market sentiment or was it your bank manager you were aiming at?

Cookson has my money but think 750 is not in the very near future. Hope you're right though!

[andyrobo69] 31/5/2011 12:21

690 today,the good news out of Japan should hopefully see this bounce through 750 in the very near future.

[daz] 26/5/2011 14:14

Agree, chart does suggest we have hit the bottom of the current trading range and the shares are now set to go higher

[andyrobo69] 26/5/2011 09:32

Heading back to 700 from today.

[bobsidian] 19/5/2011 10:51

dizzylizzy2

"i remember you being a bear back in mar09 and at some point you will be proven right. question is: When? 1month, 1 year, 5 years?"

And of course being bearish once must mean that I must always be bearish on equity markets as an asset class.

The flip side for market signals is whether or not investors believe equity markets can only go up forever and a day and that every retrace is only a buying opportunity. Are we there yet ? I suspect not quite yet. One more leg up in western equity markets could do it. As the S&P 500 climbs the next wall of worry back to re-testing the 1550 level then we should see everybody turning bullish whilst expressing sentiments such as "next stop 2000" and "it is different this time" and "fill yer boots" with the popular media playing its part by ignoring history.

"Emerging markets seems to be coping with the price of commodities and it's demand from them that has elevated the price in the first place."

Are they coping ? Are you telling me that copper at $10,200 a metric tonne was only caused by demand ? It makes me chuckle when people suggest that only supply and demand determines the price of commodities. Speculators through various means have been and are continuing to be an undoubted driving force latching on as they were and are to suggestions such as tight supply whilst assuming it to be a constant feature of the investment landscape.

The only way that elevated commodity prices can be absorbed is if rapid inflation is allowed to feed through to compensatory rising incomes. Those who seek to dictate economic policy in western economies seem to be suggesting that they are unwilling to allow this follow through to be a feature of economic activity. And even eastern economies such as China and India are realising that allowing inflation to run up unchecked is triggering social unrest and upheaval. Is an unchecked inflationery spiral necessary for equities as an asset class to continue their march northwards ?

Has not the golden lesson of the last decade or so been that every investment boom has led to a bust just as every investment bust has been a precursor to the next boom ? And if so, is this sequence likely to change or is it "different this time" ?

What to look for as a sign of a peak in the commodity complex ? Perhaps investors suggesting that the commodity bull market will last for many more years whilst ignoring the realisation that in these current markets speculative forces are very quick to price in the future long before it happens and by so doing they price out the possibility of that future occurring. Such is the consequence of allowing financial liquidity to run rampant.

[kazz] 17/5/2011 13:21

Done. Thanks for that Deadly.

regards....Kazz

[deadly] 17/5/2011 12:04

XD tomorrow so the price dip is a good chance to top up.

[billytkid2] 12/5/2011 08:18

Agreed good strong statement.......it has more to do with the macro picture. Merrills and Citi have re-iterated BUY this morning.

[rwlly] 12/5/2011 08:13

I think MMS are trying to scare some shares out, there douse not appear to be anything wronge with the management statement.

[freonwarrior] 27/4/2011 21:01

rwlly,I do hope so!

[rwlly] 27/4/2011 13:40

Looks as if we may break out of recent trading range.

[nellie1973] 26/4/2011 16:33

Broker note out-Outperform

[dizzylizzy2] 26/4/2011 12:40

bobsidian - i remember you being a bear back in mar09 and at some point you will be proven right. question is: When? 1month, 1 year, 5 years? who knows.
Emerging markets seems to be coping with the price of commodities and it's demand from them that has elevated the price in the first place. This is not the 1st commodity bull cycle driven by industrialisation and it wont be the last. I will continue to ride the waves until such time as it crashes.

[freddie63] 20/4/2011 16:09

Still momentum is strong so just bought another load!

[montyville2] 20/4/2011 10:20

Agree freddie - I guess that is what has been hanging over the share price over the last few weeks!