Foseco Share Discussion Threads

[wipo1] 02/10/2007 12:25

Hi Rivaldo, do you think its worth cashing in or holding on?

[tartan_penguin2] 02/10/2007 12:13

I'm thinking of cashing in........

[wipo1] 02/10/2007 12:11

Yeah quids in today, very happy!

[rivaldo] 02/10/2007 12:10

LOL!

You go out for an hour and see what happens - my post 126 must have sparked things off :o))

[tartan_penguin2] 02/10/2007 12:07

..... nice..... in fact i think i'm going all moist!

[wipo1] 02/10/2007 12:03

Nice possilbe cash bad from cookson 295p a share, lovelly!

[rivaldo] 02/10/2007 10:36

Yep, excellent volumes again. Having been in since the summer lowpoint I'm not that aware of the history - has there ever been any bid interest for FOSE? Apart from the fundamentals, it'd be interesting to know if there's anything else behind this.

[happywanderer] 02/10/2007 10:13

Cavalry arriving! good volume lift at 10.00 o'clock.

[happywanderer] 02/10/2007 10:08

rivaldo
You are right as long as the price is going up on good volume I am content.
It was just that why bother with a VW for such a small volume. There is a lot of action going on in smaller size trades it appeared that a BOT was running on both sides of the order book yesterday.
Does anybody have level 2? How does the order book look?

[rivaldo] 02/10/2007 09:54

Happywanderer:

"'VW' Volume Weighted Average Price
A transaction that was effected at a price based on a volume weighted average price over a given period."

Nope, me neither!

But TBH they're pretty irrelevant compared to the mountain of automated buying that's coming in. Lovely new highs now.

[happywanderer] 02/10/2007 09:41

Can anybody enlighten me as to the significance of all the small VW trades?

[rivaldo] 01/10/2007 20:43

Yep - wasn't the broker valuation 265p? Certainly something seems to have happened recently to continue the positive vibes here - today again brought decent trading volumes, so the rise is that much more impressive.

[pricemilne5] 01/10/2007 20:13

At last a good solid close above 220. we should see a steady climb to 250 from hgere!

[rivaldo] 01/10/2007 11:11

Boiiing.....higher lows again, and good to see there are a few other holders still here!

[jscowi] 27/9/2007 21:28

quite large volumes over last two days aswell.

[quickmind] 27/9/2007 20:47

All time close high! Boding well for futher rise in coming weeks.

[grigor] 27/9/2007 20:15

Still holding and lurking

[rivaldo] 27/9/2007 19:17

Well, that's definitively a new closing high :o))

Hi dixi - I find the quietest threads are often the best. Hopefully this is just a recognition of what's happening at FOSE and a re-rating is taking place, but perhaps we'll see something in the press tomorrow. Certainly the volume traded is encouraging.

The latest broker target is 265p - no reason why we shouldn't steadily advance towards that imo if the markets remain stable.

[dixi] 27/9/2007 16:09

You are not alone!

Most satisfying this!

Yet so quiet!

[rivaldo] 27/9/2007 15:48

Hello.... :o))

[rivaldo] 27/9/2007 14:46

Getting near those highs again on heavy volumes - looking promising again.

[rivaldo] 13/9/2007 21:24

Ta for the info Steve - more here:



"Foseco "buy"

Thursday, September 13, 2007 7:28:56 AM ET
Panmure Gordon & Co

LONDON, September 13 (newratings.com) - Analyst Oliver Wynne James of Panmure Gordon maintains his "buy" rating on Foseco (ticker: FEO-GBX). The target price is set to 265p.

In a research note published this morning, the analyst mentions that the company has reported its 1H revenues and EPS in-line with the estimates. The strong performance of Foseco's Steel division is likely to act as a catalyst for the company's share price, the analyst says. On account of a 10% corporate tax reduction in Germany, the company's tax is likely to decline from 38% to 35% next year, Panmure Gordon adds."

[wipo1] 13/9/2007 10:18

Results look ok, I am still holding, think we need a break of 220p for Fose to move any higher - still seems tough resistance.