Globaldata Share Discussion Threads

[jojo] 19/5/2008 11:09

For comments on free and commercial Data Feeds and charting packages.

I'll add some comments later today/tomorrow morning.

[hosede] 08/5/2008 09:16

Times article yesterday on DATA's results: verdict neutral - fairly priced

[dasv] 07/5/2008 10:29

hosede - no don't follow SPI - it's a support services company like datacash but operates in sectors I have no knowledge of. I do know datacash from my work and have programmed OLTP systems using their API (that's how I came to know about them some 6 years ago).

[hosede] 07/5/2008 10:08

Dasv
Do you follow SPI? its on a similar multiple also fast growing (maybe faster than DATA) also with almost nil TNAV, but to my mind in a much more defensive sector - my guess is that the people who think the bottom has been reached are going to be sadly disappointed

[hosede] 07/5/2008 08:55

Agreed generally, though DATA is in retail sales which is not a bullish sector. At the moment you need an earnings yield of around 6% (PE 16) just to keep up with "real" inflation. That's why I think 30 is excessive. I certainly can't see there being a rush to buy though as has been said on this board before the shares are tightly held

[dasv] 06/5/2008 16:43

I think the bear market thing is a generalisation and only applies to certain sectors and types of business.

Try telling the oil and mining sector its a bear market.

Even in other sectors many have called the bottom already. FTSE on a PE of 12 - is pretty much the lowest its been for a decade or more.

The point is whatever the wider market, if a company can meet/beat its growth forecasts then share price is sustainable.

If you believe DATA will not, then by all means short away. I myself have no position here at present although I used to.

[hosede] 06/5/2008 16:28

Sure in a raging Bull market you would expect this sort of thing, but most bear markets end with the average PE in the 5-8 region.

[hosede] 06/5/2008 14:02

Basic EPS 4.73p WOW! Even on adjusted EPS of 9.2p PE ratio is over 30. I just cannot understand what is holding the share price up at this level

[zgwoods] 03/4/2008 13:57

Hmmm, but there do seem to be buyers out there today.

[hosede] 02/4/2008 08:11

still drifting down - a few sellers but nobody really keen to buy I sspect

[scburbs] 26/3/2008 13:06

RNS re: Gavin Breeze resigning for tax reasons, although he will remain a consultant.

His 10% shareholding implies his involvement is quite key. I wonder if he will take advantage of his resignation to sell down his holding. He was a seller in April 2007 at 242p.

[dasv] 27/2/2008 11:18

Still a sell IMHO, question is when will it bottom out. I.e. when is it time to go long?

[hosede] 27/2/2008 10:59

guess it will find some support around the 230-240 mark,but it still seems overvalued to me well below 200

[scburbs] 20/2/2008 14:31

It's been a long wait for these to start moving down. Having started they seem to be doing it quite quickly.

[woracle] 20/2/2008 12:16

I actually think the stupid institution is still buying but its happy not to chase the price for now. The MMs happy to take 25K off you online, and only sell you 3.7K.

[woracle] 20/2/2008 12:08

Prob get there by tomorrow at this rate !

[dasv] 20/2/2008 11:58

I reckon it could see support at 245ish.

[woracle] 20/2/2008 11:36

yep, triggered a lot of stop losses. Neckline suggests first target 235..

[hosede] 20/2/2008 10:33

looking complete now - I guess some stop losses are being hit now. sold another 5k this morning

[woracle] 19/2/2008 20:11

Usually needs increasing vol on the way down of right shoulder. Institutions are not as smart as people think..just look at the sub prime mess !

[hosede] 19/2/2008 16:48

I thought it was low volume on right shoulder: whatever, it looks like a top to me. Can't see why institutions should buy in at this price - surely there must be lots of more tempting offers elsewhere

[woracle] 19/2/2008 09:12

I thought classic was right shoulder lower then left.. Anyway, still no volume so could easily bounce up if the institutional buyer comes back.

[hosede] 19/2/2008 09:09

Starting to look like a classic H&S now - just needs to get below 280