Johnson Service Share Discussion Threads

[ayesha4] 12/8/2009 16:58

Cannot be around forever. Then.......whoooooooooooooooooosh

[master rsi] 12/8/2009 16:57

As "love it" said, a seller was on the market.

Market Makers takes lots of shares from the seller as the trades go on to balance his book, naturally only reports those trades at the end of the day.

Time Price Volume Block Price Bid Ask B/S
11:46:13 17p 325,000 £55,250 16p 18.5p SELL
13:34:41 17.125p 250,000 £42,812 16p 18.5p SELL
11:40:39 17p 250,000 £42,500 16p 18.5p SELL
16:21:40 17.125p 50,000 £8,562 16p 18.5p SELL

[master rsi] 12/8/2009 15:58

re - SETS and MMs manipulation

With this type of volume usually the "AT" would be activated.
But at the right price, so most likely with MMs running the show, they are making sure of a large spread and away from the price that most likely would happen.

The price would be at around 17p to 17.75p, and as nobody enters anything on the order book at this prices they ( MMs ) are also keeping away from doing that.

[master rsi] 12/8/2009 15:11

love it

re - You can buy 200k on line who and why?

Could you keep us inform of the size the MMs are offering, or any movements of the MMs

[master rsi] 12/8/2009 12:54

Thanks chrysippus for the hard work analysis that you have done of the company.

Figures could be optimistic maybe at this point, but could be achieved by the time Mr Talbot gets the house in order, sure the shareholders on this thread do not mind your optimistic rosy future, at least I do not.

Sure we are not far away from results day, and that could gives us a better insight of how the different legs of the company are performing. With that you will have more work to do, to keep us up to date with your research, I do look forward to that.

cheers

[rainmaker] 12/8/2009 12:35

Hi Chrysippus-Will definitely have look in some detail here and let everyone know exactly what I think. Have studied the Company a few times before but it never got cheap enough or had too much debt when I checked.Debt per say will not make me reject it unless I believe it stops the Company making a decent return or threatens the Company's very existence. Legendary Value Investor Walter Schloss said many times during an interview that he didn't like Companies with too much debt and neither do I but there are other factors to consider in the context of debt.But there could be hidden uptapped value here.

regards

[st0rm] 12/8/2009 12:34

They are probably selling from when they purchased then sub 10p. Either way they are being bought up pretty quick without affect the share price.

[james111] 12/8/2009 12:33

just had 50k

[busthief2] 12/8/2009 12:31

The seller or sellers have we presume have still got a few to sell. We might then get the rocket!

[st0rm] 12/8/2009 12:27

so nice 100K buys just gone through

[boobly] 12/8/2009 12:07

chrysippus :....Brilliant post , many thanks .

[busthief2] 12/8/2009 12:04

chrysippus Good post cheers.

Bagged 25k of these on a whim at around 6p

Had a visit around their rugby facility recently. All looked very efficient and busy. They do cleaning work for most of the major insurers. ie. fire and flood restoration to household contents.

[love it] 12/8/2009 11:44

You have a seller? You can buy 200k on line who and why?


At this rate should clear though. Good luck guys. Impressed that CR and RSI like it both at the same time.


Watching

[chrysippus] 12/8/2009 11:30

Cheers Storm -

Heavy buying this morning could be getting ready for a move.

[st0rm] 12/8/2009 10:00

Thanks, very good read and matches most of my views on JSG

[master rsi] 12/8/2009 09:29

chrysippus

re - Master RSI - what times are on those MAs?

At this point I am trying to keep it as a "trade secret"

---------------

Buyers are in this morning on a bigger force than yesterday, but MMs just playing games so far.

[cockneyrebel] 12/8/2009 07:42

Yep, I'm feeling horny re JSG chrysippus - my gonads are telling me a breakout here very soon :-)

CR

[chrysippus] 11/8/2009 22:48

"The reduction in debt achieved during 2008 has been
significant. During 2009 the Group will concentrate
on maximising profitability of its three divisions, albeit
against a backdrop of a depressed economy. The
reduction in interest rates will enhance the Group's
ability to reduce debt levels further."

Annual Report 2008

[chrysippus] 11/8/2009 20:38

Boobly -

Your rocket or mine will do...

CR - feeling horny?

Master RSI - what times are on those MAs?

Maybe ask fingers to run his rule over this...

Best wishes

C

[master rsi] 11/8/2009 19:52

The future is looking bright the Moving Average shows all the strenth on the chart

the chart is from the UPS thread, were JSG is as a " Keep and Eye " since yesterday

[cockneyrebel] 11/8/2009 18:47

The next up day for the market these are likely to break out imo - then you'll see them move.

CR