Ebiquity Share Discussion Threads

[darias] 10/8/2001 21:12

Veto and fevs

Just do a little technical analysis. Dont you think that these shares have just about gone as far as they can go. What are you holding for? Another 10% increase 20% or think that you might squeeze out 5%. Look just sell so that I can come in at a lower price. What yield do you reckon you will get next year. This year 0.6% next year? 0.8% the year after what? Come on give a guy a break. I can see these climbing once more. From around 60p to say £1:00 and I want to climb on board.

Came in at 66p forced sale at 88p climbed back again at 86p sold out at £1:05 and I was done by Schwab should have got at least £1:10. Not in any more. No more life in these.

But, as they say, DYOR.

[fevs] 10/8/2001 19:39

Just a slip I hope, as i've only bought recently. I intend to hold until early 2002 to see what happens when the new consoles are released along with the new games.

[pdm] 10/8/2001 09:31

will it break £1 today, I don't think so although its looking alarmingly weak on l2.

[pdm] 09/8/2001 13:52

hi Pinsticker,


I haven't shorted any of these today as I'm a longer term stakeholder (not always shareholder!). I understand your principle although I don't see whats wrong in promoting a bit of natural justice in the world, more times than not shorters get a right pasting anyway. Each man to his own although its important to employ a trading style which one is most comfortable with.


Cheers


pdm

[pinsticker] 09/8/2001 13:40

Pdm,

I'm not one to argue - I'm completely out at 113p for the moment in this market and am happy to sit on the sidelines for yet another long opportunity (shorting shares is against my nature..).

Short away!!!!!!

[pdm] 09/8/2001 13:37

fortune favours the brave or should I say good things come to those who wait!. Those 'beige book' numbers from the US last nite has forced the institutions to revaluate the impressive consumer confidence and consumer spending outlook. On a positive note lower interest rates are strongly priced in the bond markets, this may not be enough to keep the consumers spending in light of impending recession. If this scenario is to be believed, retailers will have to give up chunks of their gains over recent months. Ebq has had a good run and is already down 4% today. It might have alot further to go!.


pdm

[melfaraj] 04/8/2001 12:07

affinity,

i do believe the stock has reached a high level. technically the bollinger bands would suggest this. explosive rates of appreciation should not be expected at least for the near terms. however, i expect further steady rises, which is not a bad thing in the prevailing climate of doom and gloom.

[affinity] 03/8/2001 10:16

Melfaraj

I think Electronics Boutique is a great business and probably deserves a premium rating to the retail sector, I just think that the current premium rating has gone too far. Clearly there is a potential growth story here if Electronics Boutique can compete internationally.

[melfaraj] 02/8/2001 21:41

affinity,
it is known fact that consoles are low margin products. they are sold cheap on the hope that profit is made from the sale of the software game, the high margin products. yet when sony rolled out its ps1 halve of sony's total profit as a company came from the sale of that console alone. it is that massive a market!

[melfaraj] 30/7/2001 11:56

mctmct, and you should be nervous. this is a volatile share trading at volatile times. hargreaves point to this factor in their article. this share is not a buy and forget share, it is watch at all times share. there is price to be paid for success.

morose, this is not the first time hargreaves tip this share.

[mctmct] 30/7/2001 10:54

Hmmm. I hold EBQ, but I start to feel very nervous when the whole consensus of opinion is that the shares are a strong buy. If the market is so sure, why isn't the news in the price? What do you or I know that the market doesn't?

[melfaraj] 29/7/2001 21:15

tipped again by hargreaves lansdown in their newsletter 'inside the city'. in an article that occupies some three quarter of a page, the writer concludes by saying:

'...barring any unseen hickups we can see electronics boutique being an attractive investment proposition over the coming eighteen months. we truned buyers of electronics boutique last september at 65p but recommend investors continue to ride the stock's momenntum.'

i have been following with great interest the progress of this share that has seen it more than double in value since the begining of this year or thereabout. over this period i have come not a ccross one professional opinion that had not been positive or at least optimistic over the long period. the best is yet to come.

[melfaraj] 28/7/2001 13:55

b2shk

i agree, the best is yet to come and i agree with you on the £2.00 x-mas target. and if you are to be a nice boy or girl, santa will sure fill up your stockings for 2002.
interestingly, in its march up, this stock had faced an overwhelming flack from sellers, except for the institutions who bought sporadically in millions. now others have wised up and began to buy even at these alevated prices

[b2shk] 26/7/2001 22:30

I think this company is going to hit the £2.00 mark by Xmas 2001 because of the impending gamecube and xbox launches as well as the new software games titles that are about to hit the market before xmas....so you know what santa's going to say now.....you better fill your stockings now before you miss the ride on santa's rocket!!!!!

[mug punter] 26/7/2001 11:44

Nice one Pdm.

[pdm] 26/7/2001 02:14

hi pinsticker,


yes I went short tuesday and I'm responding to this thread without knowing where this finished up today!, I've no real conviction on when and if this will tank but all that obsolete software might be produced as an exceptional item when its least expected. Better get those shorts in early!. Actually this short is merely a punt, the chart has been impressive. Well done on calling this up to here.


Speaking of software I had my best day ever today, shorting a Nas middleware company, I added to the short while listening to their conference call guiding lower. I won't underestimate again the power of conference calls for levelling the playing field between institutions and joe soap. Funny I was on the phone to the states for 1 hour on that call, I reckon it cost me £60!. If I listened to the call on the web, it was delayed by 1 minute, a critical minute in getting shorts away.

Sorry I'm a tad arrogant and drunk, the resurgent nas might give me one or two headaches in the morn!.


pdm

[pdm] 26/7/2001 00:34

this thread title is now misleading, wouldn't be my idea of a buy!, bending over after a good run up.



pdm

[pinsticker] 25/7/2001 13:32

Pdm,

Have you gone short then????? - (a "good run up"!!! - this has been a cracking share despite being a shorters target all the way from 50p - namechecks to Goodfella and Pommy in particular - and virtually the only share I have been really interested in since it was plumbing the depths at 30p).

That being said, it could be forgiven for taking a little breather after hitting an all-time high yesterday.

[haystalk] 23/7/2001 13:32

Earier this month Hargreaves Lansdown tipped EBQ - AGAIN !

[melfaraj] 22/7/2001 15:43

tipped again in this sunday papers:

Last week shares in Electronics Boutique (EBQ - news) closed at 113p. At the
start of the year it seemed that 2001 would be a bumper year for the games industry with the release of Sony's PS2 and Nintendo Gameboy Advance. Like the vast majority of people we had a long wait to see if the PS2 lived up to the hype, but we were actually disappointed when we first got our hands on one. Thankfully last week's release of the racing game Gran Turismo 3 really demonstrated the capabilities of the PS2. The release of Gran Turismo 3 is likely to drive forward sales of PS2 consoles, good news for Electronics Boutique which should have further to go. Keep buying.

also tipped as a strong buy by abn amro as follows:
analyst research

Even with just 2 days of the Gameboy Advance, LFL sales rose by 19% in tne most recent trading period. Cash placing to raise GBP17.7m was well received and will provide further flexibility as the group expands its Pan European network. With freer supplies of the Gameboy Advance available along with killer PS2 titles (GT3 & Omniusha) hitting the market in July, demand profile continues to be excellent. This buzz will be sustained by XBOX & GameCube into 2002/3. Strong Buy.

[melfaraj] 21/7/2001 16:02

as per expectation, the shae jumbped 4.6 per cent on friday to hit 113p. i agree with crontab, the share now expected to hit its present line of resistance. if it is to bounce douwn from it, then this would present a golden opportunity to invest near the line of support.

[onaroll] 21/7/2001 12:04

Here`s hoping UBS will help get us over any resistance.(From UKinvest)

UBS Warburg has raised its target price on Electronics Boutique (EBQ - news) to 150p from 80p and repeated its "strong buy" rating on the games retailer. Shares opened at 108p.