Imi Share Discussion Threads

[jimmymcs1] 08/12/2010 10:49

is imi entering footsie?

[wendsworth] 08/12/2010 10:36

D.F : Understood.

Bluebelle : An interesting comment and analogy! You'll have seen from my posts that I changed my mind with IMI having sold out last week and then bought back in at a marginally higher price!

I have to say from my limited experience that trading shares with relatively quiet BBs has been particularly successful for me. Exel and AMEC immediately spring to mind.

[bluebelle] 08/12/2010 10:00

Not intended as a criticism (and certainly not advice) as we each manage our own portfolio as we see fit, but surely the problem with that method of asset allocation is that your holding of your most successful share(s) is all too often determined by the (poor)performance of your weaker ones.

I personally in those circumstances choose to let my profits run on - or add to my holding of - my best performer (and maybe use a trailing stop loss if the market outlook is uncertain), and sell the worst performer, replacing it with something better (often easier said than done I realise).

Doing the opposite is a bit like walking round the garden pulling up your best flowers and watering the weeds !!!

[deanforester] 07/12/2010 23:22

I'm still in them, but if they rise much higher I shall be selling 25% to avoid going overweight. My policy is not to let any one holding get higher than 1.5 times the median holding value. If I do trim back, the proceeds will likely go into IMT.

DF

[wendsworth] 07/12/2010 20:43

D.F : Hope you're still in IMI. If FTSE entry is confirmed tomorrow you will be on to 'a nice little earner' !

[deanforester] 07/12/2010 17:32

You are very welcome.

DF

[broadwood] 07/12/2010 16:00

DF - yep, thanks for that. Been looking unsuccessfully for something like that.

[wendsworth] 07/12/2010 15:49

DeanForester : Many thanks.Extremely useful site. At 3.04 billion then IMI would indeed be in the key 90th position at close of play.Hence today's rise and late buying.

b.w : Looks nailed on for FTSE entry!

[deanforester] 07/12/2010 15:22

If you go to you will see the latest runners and riders set out in an easily understood format.

IMI is 91st, which is one position below automatic entry, but there is no company in the automatic exit zone. If nothing changes they will stay in the FTSE250.

DF

[broadwood] 07/12/2010 15:03

I think so. I looked all this up a while back on the Stock Exchange website.

There certainly seems to have been some concerted buying today so maybe vested interests are involved.

[wendsworth] 07/12/2010 14:56

b.w. and Bluebelle : My understanding is that if any company's market cap is better than 90th overall then any FTSE companies currently at 101 to 110 AUTOMATICALLY have to make way. On that basis with today's >3% rise in IMI's market cap then Cobham HAS to make way for IMI. ....assuming prices are near to current levels at close of play today.

Am I right?

[bluebelle] 07/12/2010 14:27

Yes. The fact that it isn't has really held the price back this year.

[broadwood] 07/12/2010 14:20

Looks touch and go. Is the market anticipating it will be in? You'd think there would be some disappointment if it doesn't make it.

[wendsworth] 07/12/2010 14:11

So glad I had the 'nouse' to buy back in.

Really think this will go to £10 pretty quickly if the FTSE membership is confirmed.

[broadwood] 07/12/2010 11:18

Response from Company.

Thank you for your email. This decision will be made by the FTSE Committee on closing prices today. They will make an announcement tomorrow advising who has joined or left.

[wendsworth] 06/12/2010 15:18

Back in !

Cost me 10p overall but I consider there is much more UPSIDE.

[bluebelle] 06/12/2010 12:29

FWIW I added this morning.

[philistine] 06/12/2010 12:26

Sorry wrong forum - oops

[philistine] 06/12/2010 12:26

Avanti gets a couple of mentions in this article one man's struggle to get a decent broadband connection

[wendsworth] 04/12/2010 16:31

CocneyRebel and Beckwith : Reckon you could both be right. I'm looking to buy back in on Monday! Looks like there could be trading north of £ 10 pretty quickly. One only has to see what happened to Weir Group just prior and just following its elevation to the FTSE.

[beckwith] 03/12/2010 17:49

Could be time to top up again, another little nudge upwards today.

[cockneyrebel] 03/12/2010 14:26

ta broadwood - could see these go a lot higher then - the revisioon isn't till Dec 7th and they don't physically enter for another fortnight there on.

Tend to get a lot of buying in advance of FTSE100 entry so perhaps that's the reason.


CR

[wendsworth] 03/12/2010 13:55

b.w : Sold out yesterday...just about when you were posting ! Decided on being satisfied with a 50p profit per share and set Limit sale accordingly first thing.

If it drops back then ....?

[broadwood] 02/12/2010 14:46

They're going into the FTSE 100 at the next review. Funds buying in anticipation.