Mortgage Advice Bureau (... Share Discussion Threads

[smarm] 10/6/2015 12:08

Has it been tipped perhaps?

S

[hazl] 10/6/2015 09:36

Hmm....perhaps your charts are working BAMBOO!

[hazl] 03/6/2015 19:49

And a welcome dividend!

Not bad for a newish firm thanks MAB1.

[hazl] 03/6/2015 10:02

thanks again bamboo

[bamboo2] 01/6/2015 08:45

Hi hazl, Bulkowski suggests that pennants are no longer than 15 trading days, but I wonder if this could be an exception?
This would offer a much higher target and the chart looks capable of more than the 231.5 on the symm triangle. It will be interesting to see how this one plays out.

[hazl] 01/6/2015 08:32

Thanks Bamboo

[bamboo2] 30/5/2015 10:09

Bit of a throwback in price following the initial b/o, but recovered now. B/o was later than average. Have revised target based on this fact.

[hazl] 30/5/2015 09:04

Well its looking quite good here.
A share that looks also riddled with potential is NSF Non-standard Finance if anybody is interested.

IMO

[bamboo2] 20/5/2015 16:33

Hi hazl, Using it to build chart experience and confidence.

[hazl] 20/5/2015 15:35

Microscope pity we haven't a telescope to look into the future!
Bamboo are you in or just lurking out of interest?

[microscope] 20/5/2015 15:22

Looks an interesting stock, but still having my first perusal. get the impression the valuation is about fair, but growth potential clear and maybe a decent niche. Added to watchlist.

[gargleblaster] 20/5/2015 15:20

Only a small share purchase by the FD, but of relevance since it is her first. Good to see that the number of advisers has increased (to 702), which is a good proxy for business growth imv.

[hazl] 20/5/2015 14:58

And more director buys it seems 8-)

EDIT


Thanks bamboo

[bamboo2] 20/5/2015 12:30

Hi hazl, I looked at the chart again. It has today reached 75% of triangle length, the average b/o point for symm triangles. The av b/o on pennants is at 85% of pennant length.

[hazl] 20/5/2015 11:54

Attracting some reasonable trades today I notice....

IMO

[hazl] 20/5/2015 08:18

'Adviser numbers have continued to grow since our final results statement on 26 March 2015 and had increased to 702 advisers as at 15 May 2015. '

as stated in the rns today

[hazl] 17/5/2015 10:45

thanks bamboo appreciated

[bamboo2] 16/5/2015 17:44

Hi hazl, the 75% point is simply 75% of the total length of the symmetrical triangle, ie 3/4 of the way along. Bulkowski has tested hundreds of charts to ascertain these stats. I should have removed the 75% line from the pennant chart because it is not relevant.

When I am looking at creating targets before the up or down b/o has occured, I use this point as a guide until the actual b/o occurs. This way i can make a judgement about the potential return on a trade.

[bamboo2] 16/5/2015 12:33

Had a look at chart, that at first glance looks to be a pennant forming on a flagpole, but looking at the duration, think it now qualifies as a symmetrical triangle. On average these b/o around 75% of their length, so a b/o could be imminent. One should wait for confirmation of b/o direction, which means an eod close above or below the trendlines. gla



If I'm wrong, and it is still a pennant, the alternative target is shown here,

[masurenguy] 16/5/2015 10:55

Link to the MAB investor section of the website which would have been useful to have in the header.
The 3 senior execs, Brodnicki, Preece and Robinson collectively still hold 46.1% of the shares.

[hazl] 30/4/2015 10:32

What a good little firm this seems to be!

IMO

[hazl] 23/4/2015 11:36

not surprising after a strong run....get rid of weak holders


IMO