Robert Wiseman Dairies Share Discussion Threads

[masurenguy] 28/9/2010 15:32

Salpara111 - 28 Sep'10 - 123: I think I will just watch for now.

:O)

[salpara111] 28/9/2010 15:26

I am interested in getting in but a little concerned that it could trickle back to the long term support line around 300p.
There has been no strong bounce back so I think I will just watch for now.

[jab118] 28/9/2010 15:23

boggle, you still in?

conk, we need a good bounce off that 330p mark, that's 4 or 5 times now, it's been hit..;-(

[conk] 28/9/2010 10:31

the last four trades add up to a fair sum,have they got a good deal?we can wait and see.

[bogg1e] 27/9/2010 12:49

Cheers jab. My fear is that this edging downward will continue to slide for a while. Although this near sideways movement, which frustrates any attempt at effectively reading the direction, does at least indicate that noone wants to sell, at least not in large volumes, at these levels. Its just a wait and see for now. Good luck and thx for the L2!

[jab118] 27/9/2010 10:53

conk, thanks for that info, Boggle yep Somerset born and bred mate.. !!!

Testing the lows again, could be a good sign ! if it holds...;-)

looks to me mm's are doing there best to shake out weak holders, and then buys come in, and L" 2 picks up every time, INV are right on the bid asking 333p @1000 so it looking good for bounce .

[bogg1e] 26/9/2010 13:32

Cheers Conk.

[conk] 25/9/2010 23:33

just been to a wedding reception/evening,met a driver from amesbury depot.he says wiseman are currently looking at four dairies in the east,spreading their area even more maybe.

[bogg1e] 25/9/2010 16:09

jab you must be a far more thoroughbred west country boy than I, im guessing somerset, maybe even north devon. As for me i hail from berkshire, right on the western end near wiltshire, so technically im a home county's lad but everyone round ere as got iself a faaarmer loik twang innet' boy!

[jab118] 25/9/2010 12:54

boggle, I west country boy are you, how far away from Salisbury do you live ? I'm an hour drive west of Salisbury and about an hour drive, North of Wiseman's Southern Depo..

[bogg1e] 24/9/2010 11:26

Jab cheers. Pleased to see we're holding steady today. Had to go down to salisbury yesterday without a computer, i expected to wake up this morning to devestation given the late drop in the dow yesterday but looking reassuringly calm atm. Good luck.

[jab118] 23/9/2010 16:34

Boggle.

L2 can drive you mad at times, but it does show at what price the support is, I've had it for just over 2 years now, and think I'm only just starting to read it properly and benefiting from it. I could see that FOGL was close to a breakout late yesterday and could see it was getting weak at just after 9 am today, made a few quid reading it there, although I must admit it can all change in a slightest blink of a eye.

Yes at the moment we seems to have a lot of inves/traders coming in at 330p mark, so I think there's a firm base at that level, I never run stop loses and only slowly buy in a share at a level I'm happy with, if it drops more I just buy more, although it is a total conviction at times. I will be happy to buy 10 times the amount I hold now here at 280- 290 but, I got a feeling I'm not going to get the chance.

[bogg1e] 23/9/2010 15:41

cheers jab. I dont use Level 2 which means i trade blind as it were. pity but Level 2 gave me a headache within minutes of using it and was crashing all the time so ive ignored it until BT install a better connection in our village. So good to hear there is support anyway!

[jab118] 23/9/2010 15:34

Phew !

Boggle that was a close call, 332p I had my finger ready to buy more, if it went lower, on L"2 still seems alot off support buyers piled in..;-) This retrace could be a good sign for a bullish run probaly filling the gap..

[bogg1e] 23/9/2010 13:23

Uh oh, thats what i feared, a drop towards 330p, if support is broken then it starts to become an unknown in terms of how far the share price could drop.

[jab118] 23/9/2010 12:32

Boggle, I agree Rob Wiseman is safe haven, imo.. the market is not looking all that bright.

[bogg1e] 23/9/2010 12:25

Im just a little concerned about the Feds decision re interest rates and possibly more quantitive easing. The market hasnt reacted too dramatically, but as we have had quite a bullish run for the past few weeks, im thinking the market may be seeing the Feds rematks as an excuse to start selling off. Im not too concerned about RWD as i think most of the negativity has been priced in already, im not so sure about other positions though (but they are for a different board!)

[jab118] 23/9/2010 11:50

But Irish butter is melting...!!!

[jab118] 23/9/2010 11:45

Boggle mornning

Time to add if it does, this could be the last shake, hope for some fresh butter if it shaken hard enough..;-)

[pilky3] 22/9/2010 18:00

Very low volume.

[bogg1e] 22/9/2010 16:45

Oh well, ending the day where we began! At the moment at least 340p seems to be support. Lets hope it remains so! The first few weeks after a big drop are usually choppy, but i am pleased that the share price isnt falling lower than the 330p hit on the first drop and nervous punters selling into any rise is not unusual. Soon they will be cleared out hopefully and the share price can rise. Good luck.

[jab118] 22/9/2010 15:11

350p ceiling bumped it again boggle;-)

[bogg1e] 22/9/2010 11:46

The supermarkets, the warehousing companies that store the milk for them and the logistics contractors who deliver it to them. Oh and of course the government who take a cut in tax at every stage. The farmer ends up with negative profit. They are losing x pence per litre, anyway its thoroughly unsustainable for them and threatens another aspect of our industry which will probably lose out to the large French and German milk producers.

[broshm] 22/9/2010 11:34

bought half litre semiskim yesterday at 65p !! what does the farmer get ??? who has the cream ??