Eurasian Share Discussion Threads

[careful] 17/3/2013 10:55

£400m rights issue being planned according to sunday times.

[penycae] 16/3/2013 09:32

356-344. What was that all about?

[pictureframe] 01/3/2013 13:10

Bouncing off the 200 day moving average - wait to see if it holds

[penycae] 28/2/2013 16:06

Really is too easy to short this at the moment. Still very much in play......

[pictureframe] 27/2/2013 13:11

Below that important 3.60 double top - would have expected a bounce off of that. Not looking good imo

[dr biotech] 27/2/2013 12:03

Well thats not an encouraging RNS. Back to close where I bought in.

[deanroberthunt] 21/2/2013 08:58

well 362p is the 200ema....so lets see if it can hold that today or not ?

[penycae] 21/2/2013 08:31

Morning all. Problem here is that has been "in play" for the past fifteen months.
Citi obviously have their own agenda. Must still be tremendous short interest, and until buyers regain control, the hassle continues.
We're getting there, but we have to break and hold above four pounds. Probably a two year hold.

[gaza5] 20/2/2013 18:35

hope so i got a few tucked up of these babies at 350p

[shammytime] 20/2/2013 16:27

This was expected, next leg up will see this at 450-480. Within 4-5 days

[gaza5] 20/2/2013 10:03

Hmmm struggle to get past 400p at the mo

[johnv] 19/2/2013 20:54

in today telegraph


Falling furthest on the benchmark index was Kazakh miner Eurasian Natural Resources Corporation, with a loss of 12.4 to 390.3p. Citi analysts reiterated their "sell" advice on the shares, arguing that the rally in ENRC since November had been mainly spurred by takeover speculation and a generally greater appetite for risk, rather than by earnings expectations. They warned that shareholders may experience an 8pc to 14pc dilution from an expected rights issue.

"The balance sheet concerns facing the company suggests the market has become comfortable with this 'known-unknown', however investors still face substantial risks," the Citi analysts cautioned.

[penycae] 15/2/2013 12:51

SSSsssshhhhhh.......

[pro_better] 15/2/2013 12:08

yep, 450 is on the cards...some consolidation and then 600-700 range...

[ccr1958] 13/2/2013 15:38

I have just picked this up ,I am in LAM aswell .. similar looking charts, this is a little behind on the recovery imo ,which is attractive obviously ... omo.. ccr.

[gaza5] 13/2/2013 14:34

Yes just like lam have you picked this up as well.

[smurfy2001] 13/2/2013 13:52

Like LAM, recovery of the year share this one.

[gaza5] 13/2/2013 13:36

Looks like 450 and onward soon then am holding for 700 at least this year.

[a1samu] 13/2/2013 13:01

According to David Chung @ Fatprophets.omnovia.com, for which anybody can register, this is very bullish with the next leg at 424-425 and then 450. I am certainly holding for the long term.

[dr biotech] 13/2/2013 12:49

I bough these Jan 7. For me thats exceptional timing. My normal strategy is "buy and regret".

[5bag] 13/2/2013 12:42

difficult to say. Its VERY strong at the mo.