Rank Share Discussion Threads

[grizzly bare] 02/9/2009 21:40

My gut feeling is that it's looking good for a rapid break into the 80's .....if it can break 78p interday soon.

Much will depend on support from the ftse250.


Grizzly xx

[topdoc] 02/9/2009 21:29

might not get into the 80s till november. market history and all that.

[grizzly bare] 02/9/2009 16:53

Well we stayed blue all day until the last hour unfortunately.

Grizzly xx

[scrapman] 01/9/2009 19:18

Hi Griz and all ,

any views on that 3pm spike , seems a bit odd ?

[grizzly bare] 01/9/2009 17:39

Well that's interesting.

The ftse 250 gets hammered red and drops 2.2% on the day while Rank goes blue with 0.8% increase to 77.75p.

Poised to attack that interday resistance from April of 78p.

Grizzly xx

[grizzly bare] 31/8/2009 16:56

Interesting that it should be Goldman Sachs giving this broker upgrade given their very close involvement with both Rank and Guoco.

What's their game I wonder?

Grizzly xx

[johncraven] 31/8/2009 13:24

Nice broker upgrade there getting in Monday morning

[grizzly bare] 29/8/2009 15:54

Well given the trauma of the last 12 months 101p would do me nicely.

Grizzly xx

[guidfarr] 29/8/2009 13:56

Goldman Sachs Ups Rank Group To Buy Vs Neutral

1110 GMT [Dow Jones] Goldman Sachs upgrades Rank Group (RNK.LN) to buy from neutral, and lifts target price to 101p from 90p. Says Rank's 1H results are strong, above the top end of the consensus range at the EBIT level and 12% ahead of the mean consensus forecast. "The most notable profit outperformance was in the group's provincial casino estate benefiting from underlying attendance," it adds. Notes current trading has been solid, with group revenue growth accelerating slightly since the period end. Shares -1.7% at 76p. (ISD)

[quidnunc] 28/8/2009 16:52

That double bottom held more power than it suggested

[grizzly bare] 28/8/2009 16:46

Looking good.


free stock charts from www.advfn.com


Grizzly xx

[grizzly bare] 28/8/2009 16:38

Well a Friday afternoon close up 4.4% on the day to 77.1p.

Magenta line has held and bounced.

A close above the April interday high of 78p is the next challenge.


free stock charts from www.advfn.com


Grizzly xx

[grizzly bare] 28/8/2009 12:22

Well we're touching 75p but will we see the usual Friday afternoon markdown by the market makers for the long weekend.

Grizzly xx

Edit. Well up 3.5% at 3pm to 76.4p ......still time for the usual Friday afternoon markdown. Let's hope not.

[grizzly bare] 27/8/2009 16:34

Magenta line still holding.

On the day Ftse250 down nearly 1% ......... but Rank up 1%.

So cant complain.


Grizzly xx

[topdoc] 26/8/2009 16:19

there appears to be complete lack of interest in this stock. when can we expect any sort of news flow

[quidnunc] 26/8/2009 14:02

75p just tracks the magenta.
More is needed to lift off.
Q.

[grizzly bare] 26/8/2009 08:46

topdoc - April 08 was the last time we were at 100p

Grizzly xx

[topdoc] 25/8/2009 22:14

6 months ago we were at 100p

[grizzly bare] 25/8/2009 17:42

....and close of play today. Magenta line holding.


free stock charts from www.advfn.com


Grizzly xx

[grizzly bare] 25/8/2009 13:03

free stock charts from www.advfn.com


Grizzly xx

[grizzly bare] 25/8/2009 10:28

It would be nice to see Guoco going to 29%. I am suprised it hasn't already happened.

Grizzly xx

[quidnunc] 25/8/2009 09:12

The share price is still undecided on where to next.
Q.

[grizzly bare] 24/8/2009 19:54

topdoc -- where indeed!

At the moment we are repeating the April chart which eventually ended with the distastrous Budget and a collapse in the shareprice.

We are at the bottom of that pattern at 73p ...... which also co-insides with the bottom support of the recent uptrend channel. So there is good support at 73p.

After gaining from the good half years results we have shown weakness in falling away from the strength of the ftse250 (green) and not followed it as up as previously. If we dont bounce off 73p and we fall below this interday (not intraday) then we have no further support until we hit the 6 month channel support.(light blue)

So personally, I think it very much depends on whether 73p holds or not.

If it holds we should be able to bounce without meeting resistance again until 78p.

If we then can break 78p interday (we have broken it twice before but only intraday)then we can fly.

Only time will tell, but where the ftse 250 goes we should really follow




free stock charts from www.advfn.com

Grizzly xx

[topdoc] 24/8/2009 15:07

grizzly where to next and when.money lying dead here at the moment