Mercury Recycling Share Discussion Threads

[hosede] 02/6/2005 18:52

Yes as long as the lows keep rising the upward trend is intact, but a long period without any positive news will test the patience of many.

[horneblower] 01/6/2005 12:25

Well, I still like it. Pattern of rising highs and lows. Looks as if it will break the 30.5p shoulder line imo. Then its off to 50p. Buy on any close above 30.5p.

[hosede] 01/6/2005 12:07

No - falling back down now - should have got out last week, but you get locked into these small shares by the massive spreads

[hosede] 27/5/2005 12:48

Yes RHPS repeated their buy advise after the results. Whether today's increase will "hold" is a matter of debate I think.

[horneblower] 27/5/2005 12:48

Hi guys,

This chart shows excellent potential...a good, rising, parallel channel on the log graph that has been breached three times but in constructive, reinforcing ways leading me to believe the upward trend is still intact.
The current bottom channel line is at 31p and the top at 50p and rising. A close today above 31p is very bullish.

When are results due?

[felix99] 27/5/2005 11:31

no doubt was hoping to get some sub 25p . Pi$$ed I missed getting some at 20p the other week when it got mullered for no reason - other than some idiot dropping 50k at 17 or 18p

[drw1] 27/5/2005 10:45

Looks like this has been tipped!

[fur] 20/5/2005 09:34

the problem is the increase i admin expenses for the current year. the increase in turnover seems to be coming from a very expensive admin base, rather than operational costs. ie there paying the board and head officve too much; rather than the lorry and production workers.

I agree - at 20p a good bet for a few years, but strill a little pricey.

[drw1] 20/5/2005 08:34

Not much interest in these results it seems.Plenty of positives on a 2 year view but short term looks like going to be hit by costs of scaling up production.Like to buy these,but about 10p below current price.

[shaunstreak] 10/5/2005 17:09

Fundemantals, 43p would be nice but I feel good results required to build up some interset in this stock. Fingers still crossed...............Shaun

[fundementals] 09/5/2005 22:12

I agree from history it should be the end of the month, I would have thought we would know an actual date by now, but I can't see it anywhere.

I can't see any real change in the situation since last time except that the law has been in action longer. Although the broker forecast is based on 19/oct/04 most of the year in question had passed when they made the forecast and it should be accurate. (pretax 150k, eps=0.45p)

I'm hoping that the results will rekindle the tip sheets interest in these shares and they will quickly return to the 43p they were at on Jan 1st.

There are probably other factors involved but I like the way an increase in turnover of 180K resulted in profit rising 90K. (2002 to 2003 norm pretax vs turnover) (admittedly in 2002 they made a loss) On this basis a 50% increase in turnover would result in four times the profit...

[mart12345] 07/5/2005 20:50

18 ish days i pressume till results!! They should be good, shouldn't they?

martin.

[fundementals] 06/5/2005 20:36

Sharp rise in share price on 5/5/05 down to my wife.

Bought 19,000 at 30p (buy price was 28p for 10,000 we think) , seemed to force the mid price up to 29.5p

Anybody know when the results are due? Can't be long now.

[al1] 06/5/2005 20:21

Good on you shaunstreak. Although i read these threads from time to time i dont make comment. But i was pleased to read you hung on in there. Like Martin, i figured you would have sold. Well done, I hope it continues to flourish.

[mart12345] 05/5/2005 18:42

good to hear.

[shaunstreak] 05/5/2005 17:52

Martin, fortunatley I did not effect my stop loss at 25 pence, so I'm still in and hoping for more upward rise further away from 25 pence.

[mart12345] 05/5/2005 17:36

shaunstreak - did you sell out at your stop loss ?? i bet ur kikin yourself if u did!! sorry m8. Martin.

[jayisalive] 05/5/2005 11:54

Any explanation for the sharp increase in the SP?

[mart12345] 04/5/2005 13:15

i think its just lack of news. Does this company EVER release any on new contract wins etc????

martin.

Long term should be good

[hosede] 28/4/2005 17:30

No - I think it is just returning to the mean after all the excitement when it was tipped in RHPS.

[drw1] 25/4/2005 13:44

Just wonder if a fundraising coming here given the falling shareprice?

[drw1] 25/4/2005 13:44

Just wonder if a fundraisings coming here given the falling shareprice?

[faceless] 18/4/2005 21:03

Any views on this stock from it`s followers or from the Eurosceptics ?
Faceless