Hollywood Bowl Share Discussion Threads

[rivet] 06/5/2012 15:25

Bowl on suk2?

[troutisout] 04/5/2012 12:16

Mediwatch has started to trend up for the first time since 07/10, after a period of treading water is this the start of the right hand side of a bowl forming?

[cockneyrebel] 03/5/2012 20:59

AVN - had that as a bowl for a while but it's taken longer to play out than I expected.

CR

[thorpematt] 03/5/2012 20:55

Damn right AVN was obvious at 240. Only trouble is when then rapidly "spike" out of it you tend to get significant re-trace.

[plasybryn] 03/5/2012 11:48

Can we call the price action at Avanti Communications (AVN) a BOWL?

[mildred49] 03/5/2012 09:58

Love the symmetry of this potential bowl

Some 'fundamental' underpinnings (well as close as you can get given it is a sh!t or bust wildcat oil and gas explorer) to why it should/could complete bowl pattern ?

Well prior to drilling the last duster well Toroa the stock traded at £2.50 for a well which if successful (10-15% Geological Chance of Success) would have been worth £35/share based on potential resource estimates of 1bn barrels.

FOGL will in coming weeks drill it's second well the much bigger prospect Loligo (4bn barrel resource potential) and if successful price targets of £100/share being talked about. Given recent BOR discovery this should somewhat de-risk the Basin but assuming Geological chance of success of 15-20% there seems no reason why this stock should not trade materially higher than £1 when it is about to drill a prospect with 1 in 5 or 1 in 6 Chance of success and could thus potentially result in a £100/share outcome. 'Fair' price based on probability would be £16-20 / share and given the Toroa example £5-6 per share seems a good starting point.

[jakleeds] 01/5/2012 20:42

OPE could be seeing the start of a bowl formation, after Ashok-Leyland took a controlling stake in the business. Ashok Leyland is one of the biggest bus makers in India, and the deal should open up a world of opportunity for OPE, quite literally.

The company has moved into new state-of-the-art premises in Sherburn-in-Elmet near Leeds, and cost-savings are expected to be huge. The Ashok

[norbert colon] 01/5/2012 19:26

Rather historical but have a look at RBN from July 2007 to-date. Bowl-tastic.

[cockneyrebel] 23/4/2012 11:08

yes OneDayRodders - the bowl there is going great - making the start of the next big spike up today perhaps?

Sorry I missed your post last week.

CR

[thorpematt] 18/4/2012 08:57

I saw this and thought of you:-



Sentiment is turning in this particular sub-sector (Falklands oil). Anything you wish to know, please ask...I can witter on for days about the whole thing.

[cockneyrebel] 16/4/2012 12:23

PFD - looks interesting here mo

[saucepan] 12/4/2012 13:03

Jakleeds: nice one re SHFT (post 481). I have been piling in since the beginning of this week. Great fundamentals and accelerating momentum now.

[warwick69] 11/4/2012 13:02

can you chartists have another look at OCH as i think it is about to complete the pattern?

[bigbigdave] 04/4/2012 12:50

TRAP bowl playing out nicely, still plenty to go too imo.

[mattjos] 03/4/2012 19:20

the 'Handle' looks to be nearing completion now on this one:

[devil20] 03/4/2012 18:42

TTG. Not forming a bowl yet. It'll need to sideline a good bit more to form the base of a bowl. V-shaped bottoms are not accepted as a good sign. Not to say it wont go go up from here, but it could just as easily go down as its broken the support level around the present share price

[psmig] 03/4/2012 18:26

Is TTG now starting to bottom out and form a bowl?

[cockneyrebel] 03/4/2012 14:49

ta

CR

[joe moon] 03/4/2012 14:47

great thread cr

[warwick69] 03/4/2012 13:00

OCH continues to make lovely bowl shaped pattern ready for big upwward correction when share price gets loser to NAV

[hazl] 02/4/2012 09:35

then again goi may qualify