Research Now Share Discussion Threads

[wjccghcc] 21/6/2006 14:56

If you look at their website they've been very active expanding into europe and recruiting. Certainly positioning themselves as one of the european leaders for the future. Only question is whether this investment in the future will hold back current earnings. Still, I'd rather a company I invest in become a long term market leader than go for the short-term payback.

[jakleeds] 21/6/2006 14:49

Well, I guess we'll find out tomorrow...

[chiva20] 21/6/2006 09:54

Nice steady climb in the last few days. Anticipation of great results?

[chiva20] 16/6/2006 13:02

Agreed Jak, On both points. Suspect people are trying to mop up elsewhere today. New high next week I reckon.

[jakleeds] 16/6/2006 10:56

Very quiet here with the results due next week. Next week should be good though

[jakleeds] 09/6/2006 09:42

This has held up remarkably well in light of the recent market plunge - if the market holds out I think we could possibly see new highs in the run up to the results, as we did when they announced their previous set of results.

Wish they would narrow the spread though

[tedg41] 05/6/2006 16:50

Am in. Will await results before perhaps adding.

[diogenesj] 02/6/2006 21:01

Yes, as jak pointed out... :-)

[tedg41] 02/6/2006 19:41

See BUY note in todays IC, p.62.

[jakleeds] 02/6/2006 09:31

Another buy rec in this morning's IC, but obviously no effect on the share price as yet :-(

[jakleeds] 26/5/2006 14:58

After much deliberation, I finally bought back in this morning, these are far too cheap as will be confirmed by the results next month

[jakleeds] 26/5/2006 13:06

wow anyone seen the trades today?

[tole] 16/5/2006 17:31

A couple late buys 2x 10k (unless delayed sells from yesterday as noticed one at a 5p premium 185p) - though the online limits dropped late afternoon to allow just 500 so most likely buys with the small tick up on the bid. hmmm

[jakleeds] 16/5/2006 12:29

He did, I forgot about that! What a disaster it was.

I have to say though, as from next year, I am definitely gonna sell in May and go away!

[diogenesj] 16/5/2006 12:19

Hmm, I'm rather regretting my buy now, jak. Not very well timed. And don't mention Jayesh Manek: he went on to set up a catastrophically awful unit trust.
:-)

[jakleeds] 15/5/2006 23:42

Hi Tole, now you're just showing off. Far too clever for me, all those charts and stuff :-)

According to Jim Slater, one of the most potent indicators of future share price outperformance is positive relative strength in the recent past. He has demonstrated it with plenty of examples in his books. The thing with RNOW - and indeed CLTV etc - is that the recent relative strengths have been negative.

He advises buying stocks with positive relative strength in the last month and year - I seem to remember Jayesh Manek won the Sunday Times sharechallenge two years running using similar principles.

I try to stick to the formula he uses, having made far too many mistakes trying to be too clever, trying to catch falling knives etc.

RNOW is undoubtedly cheap, but punters will, more often than not, sell when the price is going down forcing the price further down (when stop-losses get triggered etc), and pile in when the price is going up.

Trying to find the bottom is an exciting game, and having the likes of Diogenes buying in is a tremendous incentive to buy imo, but I'm gonna (try to) stick to the formula and wait for positive relative strength, even though it will mean missing out on the first few per cent.

[tole] 15/5/2006 23:15

Ta Jak frequently see you in on some nice stocks - CLTV another one im monitoring for the time-being also ;)

Thought we might see a bounce around 175 from the upwards gap-up on the initial breakout - coincides with 200ma. Already looking quite well oversold - but in this current market correction who knows?

[jakleeds] 15/5/2006 23:07

CLTV looks interesting, I guess we'll get more of an idea at the AGM on May 25th.

There's a particularly lively debate on CHNS, which also looks very promising

[tole] 15/5/2006 23:01

Got my eye on this one too jakleeds..
OT which were the other suggestions worth monitoring?

[jakleeds] 15/5/2006 22:46

Well well, so many cheap sweets, which one tastes the best is the question. A number of recent flotations with seemingly excellent prospects falling back to almost pre-flotation levels. That 'buy' of 40,000 shares is most probably a delayed sell. It looks like this is gonna take some pretty chunky buys (who's brave enough?) or a bullish ts to get it moving up again.

Very cheap but it needs news, regularly. Interesting to see if it falls back to below its flotation price. Not bought back in - yet. Hmmmmmm...

[jakleeds] 09/5/2006 20:38

Too illiquid. A sell of 2500 shares and they drop the price 2.5p. By the same token, a few nice buys and the price will soar again. The last TS was on 22/11/05, so there could be another one any day now, which will give the share price a boost I'm sure.

May have a nibble in the next day or two, but then again I might not....

[sheik yerbouti] 02/5/2006 11:50

Thanks Dio, that is cheap. Definitely on my short list to buy.

[diogenesj] 02/5/2006 11:45

Salaam, Sheikh. Yes, that seems to be correct. It is about the average of the two forecasts I am aware of, Rowan Dartington 17 Mar 2006 10.1p and 16.9p, and Canaccord Adams 22 Feb 2006 9.93p and 16.8p.

That's about 93% growth in the current year to 31 October, and 68% next year for a 2007 forward PE of 11.5x. If that's not cheap, I'm a ramper.

[sheik yerbouti] 02/5/2006 11:14

Diogenes, Digital Look have forecasts showing eps of 10p for this year, 16.85p for next year. Have you seen any other forecasts to confirm this?

[diogenesj] 01/5/2006 13:46

These are certainly looking cheap now at almost 20% off their peak, and I've bought in again. I see they got a favourable mention on Friday in an IC supplement called How to Make Money on Aim, but it didn't have much effect.