De La Rue Share Discussion Threads

[bundmar] 08/3/2002 09:47

nighthawk, cashflo, analysts presentation on the 26th March, anticipating a gradual movement up untill that day at least, and with some reassurance on that day we should see some good upside -note their h2 results were positive with a strong order book

[cashflo] 07/3/2002 19:59

Stick with it nighthawk, todays buy rec highlighted some excellent points of the company, bagged the interim divi so things aren't too bad...looking forward to a gradual move up over the next 6 months.

[nighthawk] 07/3/2002 19:39

Bundmar.....good news at last, was getting a bit concerned having bought @ 458p.
regards- nighthawk.

[bundmar] 07/3/2002 14:40

west lb strong buy note on valuation grounds

[cashflo] 02/3/2002 00:44

similar chart pattern to this time last year, double bottom perhaps? bit of a lack of strength comming up to ex divi date relative to last year.

[nirvs] 01/3/2002 08:08

looking to move up today. late mm buy last night

[atomic trader] 06/2/2002 00:39

no. i closed recently when attention magnified on its fall. will reshort on any sustained rise in coming weeks but will avoid a long as too uncertain. best of luck.

[dpfuller] 06/2/2002 00:34

AT - I take it you're short on this one???????

Looks good to me, bouncing off recent low, steady small price increases over the last couple of sessions. Also some large buys have gone thru recently

[atomic trader] 06/2/2002 00:23

chart suggests significant downside.

[cashflo] 03/2/2002 00:43

Interesting change in the recent trend - small bounce likely?, very hard to ascertain from previous years charts as to whether dlar has risen running up to ex div on march 6th, but I would certainly guess that institutional selling has dropped significantly, 6 month charts suggest 4.38ish but where to from there comments welcome as usual.

As a point of general interest although not strictly related to the thread, I have noticed a similar pattern when trading meggitt around late september, phenomenal volumes of institutional selling and if I remember correctly mggt went to around 1.30, the indicators previously pointed to 1.50, and then rose to 1.80ish - possibly not that relavant but the pattern looks similar.

[keeps] 02/2/2002 17:39

Although if you look at the 5 year chart - this suggests that maybe the uptrend is not yet over (depends on where the stock bottoms in the short term).

So I'd perhaps be not so bearish as I was a few minutes ago !!!!

[keeps] 02/2/2002 17:35

cashflo - In my own opinion (just a beginner with the charts), I would say that this stock has clearly broken support of a two year uptrend.

So I'd be bearish on this stock.

[cashflo] 02/2/2002 14:53

Three year chart giving away no clues........

[onewill] 28/1/2002 10:58

Chartwise it needs to hold 425 otherwise 400 looks in order. Still feel there's more on the downside.

[calicoram] 26/1/2002 14:29

My call is that we're at the bottom now.
Looking for a decent bounce from here.
All IMO of course .

[muchos wonga] 25/1/2002 00:10

Yup, doesn't look good. I set my stop loss at 4.40, gave it a while to see if it was a bear trap then sold today at 426. There isn't support for a while as you say so I think I will wait to see where it settles.

[onewill] 25/1/2002 00:03

Looks good for 400, where would expect to find support, but then any bounce might just be forming the righthand shoulder of a large Head and Shoulder formation Which if triggered would suggest 325.

[kermit] 24/1/2002 15:19

Muchos Wonga

Pull a 2 year chart off and you will see it has rested on a long term support.

Maybe the large trade that was crossed is the seller gone the MM's always seemed as if they didnt really want to move it down and have placed lumps of stock at higher levels than this.

Anyway we will see

Its a hard call in these markets

[big vern] 24/1/2002 14:31

not sure on this one. was thinking of shorting a few days ago but just can't make my mind up. could bounce ? chart is poor

[llucky] 24/1/2002 13:55

Any views ? Will it bounce from here 4.27 ? or have we gone through support ?

[llucky] 24/1/2002 13:35

It may get support here. It bounced off 4.29 after sept 11th. I am tempted to long. mmmm shall I or shan't I ? A bounce from here would give good upside.

[chester copperpot] 20/1/2002 21:32

DLAR chart at Investtech now showing a weak sell candidate
support 424
resistance 452
not looking so good now:-(

[muchos wonga] 17/1/2002 08:30

There does appear to be an institution divesting itself of this stock. I've been watching it for a few days now and there are some quite lumpy sales going through. I guess we may have to wait for them to finish before the vacuum created by the lack of further sellers becomes extant.

Still, happy to wait for this to happen considering the chart.

[cashflo] 16/1/2002 18:26

a pattern (unless eyeballs deceive me) forming on 3 and six month candles, 4.60 - 65 possibly a key area. my humble opp.