GKN Share Discussion Threads

[sjc] 19/1/2015 09:15

Looks interesting nearly there
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[philo124] 19/1/2015 08:20

SJC- could you please update your parking chart. Thanks.

[philo124] 12/1/2015 23:01

Canaccord also have them on their 2015 list of 6 shares.

[sjc] 12/1/2015 17:05

Just parking a chart
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[valedo] 12/1/2015 10:45

But the biggest riser so far is engineering group GKN, up 11.3p or more than 3% to 349.1p after Credit Suisse issued an outperform rating and lifted its target price from 380p to 410p. The bank said:


Despite automotive accounting for around 59% of 2015 estimated group revenue, investor attention is often focused on the (smaller) aerospace division. However, we are of the view that automotive and in particular Powertrain /Drivetrain applications (around 53% of group revenue) offer potential to deliver upside surprise to group earnings consensus estimates, particularly in 2016.
Guardian.

[broadwood] 12/1/2015 10:32

FTSE 100 moves higher as low oil price lifts Carnival and broker pushes GKN

[philo124] 08/1/2015 21:27

Cheers indeedy, 360p should be on in this market.

[leeson31] 08/1/2015 19:14

Yes, delightful day! Didnt long crude though, still hovering 4850 us crude area...

Just added to my shorts on cable into the rise in last few hours...

Cheers

[matt123d] 08/1/2015 18:12

And that's what happens when you have multiple equilibriums across sectors that all break at once in the same direction!

[leeson31] 07/1/2015 23:55

Key day then! Will watch spx closely.... Maybe an outside month but for feb on the spx if finishes up in jan..

Keenly watching us crude at mo. been a slight technical bouncebut not so sure yet if the turnaround point. Ill be spread betting it on a break.

Cheers

[matt123d] 07/1/2015 22:20

Heads up.

Inside day for XLE and USO today combined with an inside day for SPX and NDX.

Whether tomorrow can get a simultaneous break to the upside to signal a bottom of this move or whether there can be a break to the downside for a trip to the bottom of the triangle.

Plenty of inside days in individual names to watch regardless.

[leeson31] 06/1/2015 21:08

Noted. Cheers Matt.

[matt123d] 06/1/2015 18:33

Would prefer if SPX stayed as an inside month above 1973 for January then get killed in February on the monthly break.

Some sort of technical bounce in oil could potentially put a floor under any further declines. Maybe worth watching the XLE to see whether there's any basing in the oil names.

[leeson31] 06/1/2015 17:02

Indeed. I didnt take any positions on indices but shorted eurodollar and cable, and closed both today.

Us crude hit 48.10/b ! I think atechnical bounce from 44/45 area...

Cheers

[matt123d] 06/1/2015 16:58

SPX 1960 not too far now. Increased volatility making for another interesting month.

[leeson31] 01/1/2015 15:44

Thx Matt. A month of volatility then, and to watch if the sp500 can breakup its resistance.

Volatile too on forex... Audusd looks best for trend continuation down....

I see oil made a new low in final session, but then rose a tad in final hour or so....

Cheers

[matt123d] 01/1/2015 15:16

GKN

Outside week, outside month and an outside year!

Lets see if some increased volatility can print a new outside year in January at the bottom of the monthly triangle in the region of 270p.

[matt123d] 01/1/2015 15:06

Outside months for SPY/SPX and DOW for December. (Inside equilibrium when price stays fully inside the prior candles range)

Due to last months wide range the triangle has expanded considerably so unless 2093.55 is taken out to become support then with the outside month there's potential to triangle all the way back down, bottom of the monthly in the region of 1960.

Also starting out January with some increased volatility, hopefully can get the VIX to stay above 20 for most of 2015 and get some decent moves in things.

[leeson31] 01/1/2015 14:23

Any strategies for indices and equities for jan, Matt...? Inside months it appearsfor spx and dow.... Cheers

[matt123d] 10/12/2014 22:48

December is getting interesting!

[philo124] 05/12/2014 22:10

Good oh; been a while.

[valedo] 05/12/2014 20:22

Almost there guys, 360 in view!

[matt123d] 26/11/2014 22:07

SPX clinging on to that 2072 still, just hugging the top of the 15min triangle.

[philo124] 21/11/2014 21:23

Revisit August/September highs.