Lidco Share Discussion Threads

[buywell3] 21/6/2017 15:59

Oh so like Pandora you were afraid to open the box

[arf dysg] 21/6/2017 15:57

Bile? I might compare it to spite, venom and the urge to spread one's inner corruption to others. I imagine it would destroy roses.

Would you be referring to yourself? Just asking.

As for keeping it simple, the phrase "relative to total up-and-down movement" is fundamental. Without that concept, you have no idea if the trend is strong enough to mean anything.

I'm not so much long in LID as a long-time observer of LID.

[buywell3] 21/6/2017 15:23

I think you are over-thinking Arf , I believe in Keep it Simple

Are you also long in LID ?

Any idea what fallacious bile means ? I have been accused of spreading it
Does it work on roses ?

[arf dysg] 21/6/2017 13:32

TrentEndBoy, be careful that your words don't come back to beat you, err... I mean to bite you.




buywell, yes that's 14 words if you count "gains/losses" as one word.

I prefer to say "price changes over a specified period" - this means the same as what you said. There is, however, a crucial point in the maths which people may take for granted, but which I think ought to be explicit:

"relative to the total up-and-down movement"

In other words, if the net result is a gain of 1p, but the up-and-down movement of the price has been 100p in the meantime, that's naff all on the RSI meter, just about the middle of the scale.

However, if the price has gone up by 1p but there's been no other up-and-down movement, that's an RSI which is top of the range.


The other refinement is that the maths gives numbers in the range -1 (all movement was down) to +1 (all movement was up), but numbers like 0.622 and -0.807 make some people's brains hurt, so they just relabelled the scale from 0 at the bottom end to 100 at the top end. The meaning is the same.

You could just as easily label it with letters of the alphabet, with A meaning everything is down to Z meaning all movement is up. In that case, H/I is oversold, M and N mean relatively little net movement, and R/S is overbought.

[trentendboy] 20/6/2017 16:30

Arf continues to beat himself silly over his poor investments in Deltex. He could have invested the money is some real winners but picked that dog.

I fear he willl continue to beat it for a while yet

[buywell3] 20/6/2017 16:14

So Arf you are long DEMG but not LID is that correct ?

If so what do you like about DEMG or what don't you like about LID ?

Relative Strength Index

A number which represents the size of recent gains/losses over a specified time period


14 words.



Not that it should be used by itself,but it gives a decent pointer when the number means a stock is oversold or overbought


I could have said

RSI is overbought above 70 and oversold below 30 (9 words)

But Arf I am sure you knew that.

[arf dysg] 20/6/2017 10:46

TrentEndBoy, I am holding it and beating it, oh yes.

[arf dysg] 20/6/2017 10:42

buywell, indeed I am "long DEMG" as TA practitioners would put it.


Oh, I understand TA, believe me. I have read share-dealing magazines for years and years and years, and ONLY ONCE EVER did I see an equation defining what RSI is. Even then, the equation was in a somewhat awkward form, so I messed around with it (I can do mathematics) and came up with something much simpler which says what RSI is REALLY calculating.

Your mission, should you choose to accept it, is to describe what RSI is telling us in ten words or less. Your time starts now.

[buywell3] 20/6/2017 07:52

Is that right Arf you are long DEMG ?

Re TA

I use it in conjunction with Chart Analysis

I know many sceptics knock it re AIM stocks , but it works ok for me

I guess the sceptics either:

1. Don't understand it
2. Can't be bothered ( they know better )
3. Are ignorant on the subject (why they can't be bothered)

Re the LID chart , there is no doubting the share is showing signs of a recovery

MA's are now edging up , volumes are starting to pick up , and a nice looking bowl shape is in formation with 11p the current target.

For the septics , learn more here at school



IF Sassone is right re his tactics on selling licences , on his new sales push with more sales staff in selected states in the USA then the 14p target that the house broker Finncap has on LID should be hit next year: when the forecast numbers get hit.

Re the new website


This is quite good in my opinion as it provides links to the evidence supporting the Lidco products


and also allows prospective clients to enter their data to see if they would in fact save money by switching to a Lidco licence


If that part of the website is correct then Sassone's initiative looks set to work.

[trentendboy] 20/6/2017 00:31

His holding in Deltex has taken one hell of a beating

[willib2] 19/6/2017 22:25

maxk, Arf can take some beating when he is in the mood.

[maxk] 19/6/2017 18:02

And I thought I was a cynic :-0

[arf dysg] 19/6/2017 17:19

Technical analysis makes money - the real question is for whom it makes money.

I guess that it makes money for: (1) the middle men who charge dealing commissions; (2) people who write magazines full of technical analysis; (3) People who sell software which performs technical analysis.

[bigt20] 19/6/2017 16:49

buywell319 Jun '17 - 09:50 - 4975 of 4976

Please provide the academic evidence that technical analysis works re. the AIM?

[buywell3] 19/6/2017 10:01

This is now up over 23%



But can't beat AVN at 7% on the advfn leaderboard

Clearly Mr Midas has the golden touch once more

[buywell3] 19/6/2017 09:50

Maybe so, certainly the share is doing quite well this morning up around 18% according to the FT website



Here is a technical take from:

Investor Center: Technicals in View For Lidco Group PLC (LID.L)



Investors may be looking at some different technical levels in order to get a better grasp on the markets. Presently, the 14-day ADX for Lidco Group PLC (LID.L) is 29.11. In general, an ADX value from 0-25 would signal an absent or weak trend. A level of 25-50 would indicate a strong trend. A value of 50-75 would indicate a very strong trend, and a value of 75-100 would indicate an extremely strong trend. The Average Directional Index or ADX is a technical analysis indicator used to describe if a market is trending or not trending. The ADX alone measures trend strength but not direction. Using the ADX with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) may help determine the direction of the trend as well as the overall momentum. Many traders will use the ADX alongside other indicators in order to help spot proper trading entry/exit points.

Lidco Group PLC (LID.L) presently has a 14-day Commodity Channel Index (CCI) of -36.59. Typically, the CCI oscillates above and below a zero line. Normal oscillations tend to stay in the range of -100 to +100. A CCI reading of +100 may represent overbought conditions, while readings near -100 may indicate oversold territory. Although the CCI indicator was developed for commodities, it has become a popular tool for equity evaluation as well. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. RSI can be used to detect general trends as well as finding divergences and failure swings. The 14-day RSI is currently at 51.29, the 7-day stands at 46.73, and the 3-day is sitting at 34.63.

Taking a peek at some Moving Averages, the 200-day is at 6.62, and the 50-day is 7.56. Dedicated investors may be looking to employ another tool for doing technical stock analysis. The Williams Percent Range or Williams %R is a technical indicator that was designed to measure overbought and oversold market conditions. The Williams %R indicator helps show the relative situation of the current price close to the period being observed. Lidco Group PLC (LID.L)’s Williams Percent Range or 14 day Williams %R presently is at -68.67. In general, if the reading goes above -20, the stock may be considered to be overbought. Alternately, if the indicator goes under -80, this may show the stock as being oversold.

Investors may be intent on creating unique strategies when approaching the equity markets. Individuals with longer-term mindsets may have completely different strategies than those who trade in the short-term. Whatever class they fall under, investors may have to decide how aggressive they want to be in order to capitalize on these strategies. Navigating the bull market may make things a bit easier for some and much harder for others. Many investors will set their sights on dips and corrections. This may prove to be a successful strategy, but this may also create many missed opportunities. Keeping track of key economic data along with market trends and earnings information typically seems to be a boon to any strategy. Highly active traders may keep close watch after the markets have a sleepy session or two. Investors staying the course might actually be relieved when activity cools a bit.

[7767] 19/6/2017 09:39

The Mail article part replicated Matt Sassone's interview that I put link to on a recent previous posting. But they didn't put as much hype in the article as they did in 2014. The shares then rose to 31p but the company was not then in a position to fulfil the claims within the article. The company is now being lead by business directors with proven track record rather than the doctors who developed the product. This should attract more market confidence and buying and support for the stock.

[buywell3] 19/6/2017 08:25

Mr Midas is not always right though , last time he tipped LID as a buy it was over 19p

However the new guy Sassone was not there then , and USA was also not the focus as it is now.

Mr Midas will need to polish up his act if he wants a glowing reputation once again

[trentendboy] 19/6/2017 08:19

Big move on the Mail tip.

Interesting article actually.

WTF are Doomedtex playing at I wonder

[buywell3] 19/6/2017 08:14

It would appear that Mr Midas has a golden touch

[willib2] 10/6/2017 22:30

From the Deltex AGM statement.
"Although we currently anticipate International sales to be ahead of management expectations for the first half, timing differences on large orders from our distributors in Peru and South Korea in 2016 make it likely that total first half International revenues will be lower than in 2016".

Oh, there's the hiccup.

[sharesoc] 09/6/2017 21:06

Lidco present at our Leeds seminar on Tuesday which may be of interest to shareholders and potential investors, more details at:

[arf dysg] 09/6/2017 14:42

He has a winner! He has a whiner! He probably has a big pink wiener, too.