Hollywood Bowl Share Discussion Threads

[fund1] 20/7/2011 20:33

This imho with the news thats due this year will be one of the best bowls of 2011

[hazl] 18/7/2011 18:46

cey already starting its upward trend imo

[clive205] 14/7/2011 18:33

GRL off and running - now up to 9.25

[clive205] 08/7/2011 11:23

How about a series of bubbles as opposed to a single bowl - is that allowed ?

Looks like GRL is forming another at the moment.

[hazl] 08/7/2011 09:04

dotd? well half a bowl 8-

[fiat lux] 06/7/2011 07:18

AFF - more of a hockey stick than a bowl but that's more a matter of timescales rather than anything else

[bluebelle] 06/7/2011 07:15

Good call so far.

[clive205] 05/7/2011 23:10

Re CAZA - that was me. About time.

[bluebelle] 05/7/2011 17:07

Funnily enough I posted about this on one of CR's other threads - I think REITs get overlooked because they're not listed with equities. The two that I like particularly are BLND and HMSO. Not strictly bowls but good fundamentals and strong recent momentum.


Whoever picked out CAZA as a bowl forming looks like they made a good call.

[skyship] 05/7/2011 11:30

Came to Post this and see that johnv had already mentioned. No matter, here is one of the best Value plays at the moment; and of course that BOWL developing:
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NB: This is a post for Investors rather than Traders
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Though I am a confirmed chartist and have been so with no little success over the past 40yrs, nevertheless for me to trigger a BUY the Fundamentals also have to stack up.

Personally I love the commercial property sector, a sector not widely followed or understood by the average PI who tends to think of property as houses! For me the opportunities that frequently present themselves of effectively buying first class property portfolios at substantial discounts to the underlying NAV, provides both a measure of security and also, quite often, tempting yields too.

To play the sector one has to follow the trend of the major blue chips such as BLND, GPOR, HMSO, LAND....or quite simply follow the REITs Index:



Most of the blue chip companies now stand at or above NAV, not what I see as value, but the institutions keep buying as the underlying fundamentals of prime commercial property are sound; and the yields from commercial property are attractive in the continuing low interest rate environment.

That is the background to this story of one of the best Value plays I can find at the moment.

To cut to the chase, McKay Securities is a small and conservatively run REIT (Real Estate Investment Trust), perhaps too conservatively run as it looks very much as though someone is stake-building.

No small surprise there as the EPRA NAV = 223p versus the share price of just 128p, ie one can buy today @ a discount of 42.6%! This for a Company which actually increased its dividend with the Finals at the beginning of June. The dividend of 8.3p/annum provides a yield of 6.5%.

The reason MCKS sunk so far and took longer to recover than the rest of the sector was that they over-hedged their debt. This problem was resolved back in February.

# High NAV discount
# Attractive yield
# A quality portfolio - see website
# Clear valuation upside - see Finals
# A regular buyer hovering up stock
# A great looking BOWL-shaping chart with clear upside targets
# A GoldenX as the 50day MA recently crossed the 200day MA

MCKS represents a clear opportunity; and to assist research, these are the links to those Finals and the Company website:

[snookerclub] 03/7/2011 19:04

premier foods bowl looks like it took a dive.

[bluebelle] 03/7/2011 17:32

I don't hold, but Interserve (IRV) looks very bowlish !

[chrisb1103] 30/6/2011 22:49

Must have been highlighted before here but this is a cracker of a recovery stock imo. PE of less than 6 this year with EPS growth of 46% forecast. 40p looks an easy short term target.

From finals YE 31/03/11 - profit before tax from continuing operations of GBP2.9m (2010: GBP0.3m loss). Net debt down from GBP18.5m to GBP8.5m. Significant turnaround into profit and best trading peformance for years. More to come surely.

[johnv] 30/6/2011 20:34

The makings of another slow bowl formation. That chart looks similar shape to the one in post 215. Dare to look.

[lance corporal winstanley ash] 29/6/2011 13:57

Bowl forming at XEL and shortly to start at MRX.

Best wishes

Lance

[interceptor2] 29/6/2011 09:02

APC is I believe in the process of forming a bowl, unfortunately I can't work out how I draw the lines for the lower lows to highlight the bowl more clearly. Any help would be appreciated.

ic2...

Edit - Have worked it out now.

[d0ubtf1re] 27/6/2011 21:13

Hi CR apologies if you have already looked at this one but I would like to give ILX a shout. Looking past the tiny MCAP there are alot of positives for me (aside from the suggestion of a bowl formation!).

1. It has just been reclassified from Support Services into Software & Computer Services where it's PE ratio will be 1/3 the sector avg. That is unsustainable for me and one of my key tells, last saw it with CIU in December when it was also reclassified into Oil & Gas.

2. There has been alot of consolidation in the sector (especially on the training side) and I feel this will be a good late cyclical recovery play. Yes the public sector will have to squeeze training budgets but these can't be postponed indefinitely (as seen in recent contract wins). I personally training through one of their affiliates last year and the number of attendees & frequency of courses steadily increased.

3. I think todays results could be a bit of a game changer and combined with other factors could see that bowl heading northwards.

I would like to stress that I do not hold the shares and have never traded them and have researched them more out of academic interest!

[bene449] 26/6/2011 20:03

HRN seems to be doing well. Building a new extension to their museum in Kent and lots of new products for the Olympics.

[hazl] 26/6/2011 17:01

just to remind you of flyb!

[bene449] 25/6/2011 15:36

Thanks for the replies. I already have FCCN, QED, AVS. Off to watch my son play cricket, and one of his team members works for HRN. Will let you know if i get anything out of him.

[bluebelle] 25/6/2011 14:27

bene449 - 25 Jun'11 - 12:06 - 306 of 309

bene

I agree with CR but my starting point is to scroll through various MAT charts of stocks hitting a 20 day high and put anything that looks interesting into a 'Watch' portfolio which I check frequently. I use Sharescope which I find very useful, not just for that.

(Declaration of lack of interest - I have no interest in Sharescope other than as a satisfied user !)

[cockneyrebel] 25/6/2011 14:19

sorry bene, just hard graft! I look at a lot of charts in the day and tend to spot them then - I miss too many tho, hence this thread.

The majority play out imo, even if at some point you think they might be falling over - just a tad of patience usually pays off imo.

FCCN is a big one that's still intact imo.

CR