Gyg Share Discussion Threads

[maddox] 08/1/2007 10:18

Rivaldo,

Numis had a price target of 444p in Oct 2006 - this was from reported snipets as their research is exclusively for institutional clients.

Le Mass Du Pap,

Thanks for the chart and explanation, I'm looking forward to a break up then.

The fundamentals are solid, the Dollar being responsible for most of the turbulence, as far as I can see. Considering what Gyrus have achieved over the last couple of years I think that they deserve a higher profile. I think that they can afford to be more bullish or else may be taken out too cheaply. And a dividend wouldn't hurt either.

Regards, Maddox

[rivaldo] 06/1/2007 11:57

Yep. On to new highs above 420p maybe?

GYG was first one of the newspaper tips for 2007, and now we have this from today's FT:



"Gyrus improved 0.7 per cent to 390p after the medical equipment group was selected by Numis Securities as one of its top picks in the life sciences sector. Sector watchers think Gyrus, which generates most of its revenues in the US, could be a consolation prize for one of the bidders that missed out on Biomet."

[felowes] 05/1/2007 10:33

Looks like we are on the verge of a significant breakout.

[cbbbc] 05/1/2007 08:33

on the way to £4+

[grigor] 05/1/2007 00:11

Ascending triangle if you're into tea leaves

[wad collector] 04/1/2007 22:08

Nice colours on the graphs.

[le mass du pap] 03/1/2007 12:47

I expect we'll see a breakout around the 11th or 12th, maybe sooner. imho.


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[le mass du pap] 02/1/2007 15:42

Maddox
Some pretty pictures for you to mull over :-)
Basically, as the price band gets narrower it eventually has to break up or down, otherwise it will flatline at the focal point of the two converging lines. From the light blue lines you can see where the focal point would be if the pressure was even. However, if you look at the dark blue lines you can see that the overall trend is up and therefore the actual focal point is well above that of the light blue line due to positive net buying pressure. This means that the price, when it breaks out of the converging channel, will probably go up. We have now seen that happen recently where it is circled in green. The next challenge is to break the 380.75-383p resistance level. Once that is done this could go onto the mid 400's or higher depending on the next significant resistance of 420p. With the positive press and sentiment, together with solid fundamentals, there is every reason to expect this in the coming months.

Wad
GYR? ;-)


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All imho of course!

[maddox] 02/1/2007 12:23

Hi Rivaldo,

Well spotted, nice to have a tip for the year on GYG it could do with a bit more awareness.

Regards, Maddox

[Abuse team] 02/1/2007 12:19

Post removed by ADVFN

[rivaldo] 02/1/2007 12:13

GYG is one of the Guardian's tips for 2007...



"Marianne Barriaux
Gyrus, a FTSE 250 medical equipment company, has seen its shares stabilise at about 375.75p, after a rollercoaster ride last year, and analysts are predicting a good performance in 2007. The group, whose acquisition of ACMI in 2005 is now contributing hugely, enjoyed successful product launches in 2006, with more to come this year. A takeover bid is still a possibility. A drawback is that Gyrus is vulnerable to exchange rate movements as much of its business comes from the US. But its anticipated performance should outweigh this."

[wad collector] 22/12/2006 21:54

Gosh thanks Le Mass , I am just off to the Bank to take out a loan to invest in GYR...

[maddox] 22/12/2006 21:26

Hi Le Mass du Pap,

I can of course see the pattern you illustrate, can you give an interpretation to explains it. You also say that it can break either way, how can that be?

Regards, Maddox

[le mass du pap] 22/12/2006 12:51

Especially for you Wad, seeing as it's Christmas, here's another chart showing how the overall trend is up and the price is being squeezed into a wedge. This means it will break one way or the other and my money is on a break up. I hope it is as Maddox says......a rapid rise, through 383p, then 400p etc....

ps. poetic license allows us to ignore the 'irregularity' circled in red ;-)


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[maddox] 22/12/2006 12:24

Hi wad,

You can never tell, up 5.25p as i post, and the pattern with GYG used to be rapid rises followed by a much more gradual decline. Not easy to second guess.

Regards, Maddox

[wad collector] 22/12/2006 08:47

I think we are agreed that most people are in Gyrus for the medium to long term - not much sudden movement likely.

[maddox] 21/12/2006 12:31

Hi Guys,

My investment style is long-term strategic. The current share price is by and large just market froth. This is a great company, with a sound strategy, a proven management team in a growing and expanding market. Everything else is largely irrelevant, including the dollar.

You only need to look at the market trends, an aging affluent population; growing use of established keyhole surgery procedures (quicker, safer and more cost effective results); wider adoption of keyhole techniques to new procedures (e.g. general surgery); economic pressures on healthcare providers to move towards 'day case' provision.

The share price will tend to move to either being above or below what can be taken to be fair value. It gives you the opportunity to either get in or get out at an acceptable price.

The short term investment approaches essentially require you to try and second guess the market and avoid un-expected events (such as Dollar movements). The hair trigger investment style doesn't suit me, I've tried it and I cannot make it work.

Regards, Maddox

[wad collector] 21/12/2006 11:31

At the risk of being labelled a ramp, have a look at the IMG chart if you don't know it already.I guess it has a long way to go up :-)

[le mass du pap] 20/12/2006 10:53

I agree. No point in argueing. You have your opinion and I have mine and that's fair enough. I still think we are heading for 383p at some point in the near future and when we do I will be out too.
The obvious weakness in charting is when the markets are like they have been recently. If they are all over the place then charting is pretty useless, but so is any other form of research such as your speciality.....guessing ;-)

Out of interest, for a good example of where charting does work go and look at my charts on VTS and BXTN which I posted a while ago. They predicted the exact movements of those shares to the day and the same may have happened with this if the markets and the dollar were stable.

[wad collector] 20/12/2006 10:14

I have learned to read and it confirms the usual chartist vagueness ;that if it goes up ,it might go up a bit more , unless it goes down.This is the problem with Chartism ; you do not commit youself to where you think the share will be at any one time - which is of very limited use in making decisions.
I think it is like Religion - not much point in argueing about it as neither side persuades the other.
And yes ; I count the days .Until I get out..

[le mass du pap] 15/12/2006 09:52

Le Mass Du Pap - 14 Nov'06 - 15:59 - 66 of 78

Learn to read and then go back and take a look at this post. You will see that I too said 380, but because of the way the market and the dollar have behaved over the last month we are still down in the 360's. Those factors are beyond GYG's control so I maintain that we would have been above 380 now if all other factors had been okay and I expect we will reach it soon.

Ps. Have you been counting the days............lol

[wad collector] 14/12/2006 21:19

Le Mass - remember my one month 380 guess - well I wasn't far out at 368 close today.I don't recall your chartists estimate .Something along the lines of going up or down depending on the week before.....

[pearlfisher] 30/11/2006 15:30

Citibank put out a notice today flagging mid-caps, such as Hilka and Gyrus, as more vulnerable to the dollars fall. The currency markets appear to have $2 to the £ in their sights so we may have a bit of a rough few days.

Gyrus is a good company but the downside is that trading in its shares is relatively thin (even on good days) and this does make it volatile - witness this week.

Happy to stick with it for the medium term.

[le mass du pap] 30/11/2006 14:26

Got to say this is one frustrating share! We just need to get up past the 373-375 mark and build from there. Volume has been good recently but with such volatlity it's anyones guess. In fact the chart now looks like it's starting a downtrend which is rediculous considering the positive volume and fundamentals. I get the feeling it's being held back so to get above 373-375 would be very bullish. Then we need to take on the 380-385 range. Phew, it's hard work!

[pearlfisher] 28/11/2006 15:12

What on earth is going on. I turn my back for 5 minutes and the price is up 6%! Not complaining.