Rps Share Discussion Threads

[peaeff] 23/2/2007 17:03

Bletherer

What a nice end to the week just above your 320p calculation and there seems to be no stopping this at present.

I think the higher it goes towards results will now leave cause for a slight concern that the figures will not support the share price, so you may well be right in what you said in message (142).

I certainly remain positive, at least until results. Anyone else with a view?.

Regards PF

[peaeff] 20/2/2007 22:22

Reeshar

sorry pressed twice

[peaeff] 20/2/2007 22:22

Reeshar

Thanks for that, I certainly will not be parting prior to results. I may just borrow the funds for a couple of days when AGK results due.

[reeshar] 20/2/2007 21:15

Volume is low the last week or so which suggests that price rise is not necessarily due to lots of buyers. Could be a shortage of stock.

[reeshar] 20/2/2007 21:10

MACD - red line (short term MA) is comfortably above blue line (long term MA) and going up indicating a lot of strength in the price movement.
RSI - this shows price relative to its sector, which again is significantly outperforming. Concern here though is that it has done this well during past 12 months so could be getting ready for a bit of consolidation (overbought). Could lead me to believe that there may be a lot of short term money chasing the shares, which will come out again on results or even the day before.
I'm in for the long term so not really interested in coming out on the hope of getting back in at a lower price.
This is my own subjective interpretation of course and the price could hold or go up if results are better than expected. Rather like the Spanish Inquisition charts are just one of the tools I use to assess risk and probabilities. I like to see things visually.

[peaeff] 19/2/2007 17:42

This steady rise seems to support the theory that the markets are confident that the figures will be very good.

Bletherer you mentioned £3.20p and we're now very close how are the charts looking and I would be grateful for an interpreted response due to my lack of knowledge of charting.

Regards PF

[reeshar] 15/2/2007 21:28

Today I was tempted and bought a few more AGK.
RPS going well too. I'll start saving up to buy a few more.

[reeshar] 13/2/2007 19:57

Good luck with that ploy Peaeff. I wish you success. I have a compliance department to satisfy so have to hold at least 30 days among other restrictions, so could swing trade if I wished to. It's tempting to buy a few more AGK though.

[dull gull] 12/2/2007 21:47

Thanks!

Yes, I'm still holding :D ...been following the other thread - just chance I checked here.

Also crossed my mind to lighten the load a little at these levels, but will not do so just yet as the obviously strong growth in Energy is likely to be progressively more significant as time goes on - and Energy becomes the biggest sector within RPS. Obviously growth rates of 100-200 per cent won't continue forever - but I believe there is at least one or two very good years left in this.

I'm not discounting a bout of post-result profit-taking, though, but with known above-expectation results due, this may well be mild and short-lived. Too risky to sell, imho. Still bullish ;)

[peaeff] 12/2/2007 21:09

Reeshar

I expect you've noticed that RPS and AGK are two days apart with their figures.
I am contemplating transferring all funds into RPS for the first set and then switching over to AGK for the second. I am hoping that both sets of figures will bring a good rise in the share price but it will be dependent on RPS first.

You know what they say about the best laid plans...........

Regards PF

[reeshar] 12/2/2007 19:52

Bought a few more the other day to top off my 2006/7 ISA. I see these as a good long term growth company so am happy to tuck them away for a few years. Might even put a few in next year's ISA>

[peaeff] 12/2/2007 14:22

Melody9999

With the sort of news we have had and the continued excellent reported performance of this company, I cannot believe that the market doubts that it will achieve it's 2006/7 targets. If that is the case then it may be prudent to assume that with a PEG factor of less than 1 (.73) that it may well still be thought to be undervalued.

AIMHO. DYOR.

Regards PF

[melody9999] 12/2/2007 00:09

nicely holding above 300p. do we now move on?

[bletherer] 09/2/2007 16:57

Results on March 6th.

[sheep_herder] 09/2/2007 16:37

Hi everyone,

I bought in recently and have been very happy with the progress so far. When is the next notable date for RPS? Is it results? When are they due?

Thanks.

[peaeff] 05/2/2007 22:56

Bletherer

I could understand selling in order to take advantage of 05/06 CGT allowances but with the recent aquisitions and the recent written word of the CEO I think there is more to come. However if you're a lucky punter you may just be able to do both.

Sure there will be some daily drops but how do you judge the one which marks the 'demise' of the share price as opposed to the one which is just a daily market led drop. With great difficulty I would suggest.

This share tried very hard today to close above £3.00, it's only a couple of weeks ago it was struggling to pass £2.80. Something is driving it so I'll stick with it at least until after results and maybe beyond.

The forward planning of recent aquisitions, IMHO, takes us into areas of emerging importance in which opposition forces are not too numerous. This coupled with the very strong political cycle of green legislation must be a huge plus for this company.

Regards PF

[bletherer] 05/2/2007 21:08

Reeshar - I'm looking to sell about 1/3 of my holding at some point prior to results. The rest I intend to be in the "hold forever" category, and will add again if we ever get a significant drop. Who knows, there may even be another bear market some day...

[reeshar] 05/2/2007 20:53

I tend to agree with you Bletherer. I can see a marked drop after results given the performance so far (I'm quite new to this share) especially if they are really good. However, I'm in these for the long term so more likely to see that as an opportunity to buy a few more on the cheap side. Selling out just before results on the hope of a pull back on profit taking could backfire.

[bletherer] 05/2/2007 16:30

Re targets: when we broke the previous highs at around 220 I had a rough long-term target of 320. Not that careful, just an estimate of the sort of powerful move that could be expected from the breakout of a multi-year bottoming pattern (approximately the distance from the previous high to the low added to the breakout point). Unless the results are miraculous I expect them to be an excuse for some profit-taking as this company has had an amazing run - share price doubling in not much over a year. It's now trading on a forward P/E of 23 with forecast earnings growth of around 15%, which I would not describe as cheap. It's a great company but I am certainly thinking about lightening up a little at these levels.

[bletherer] 05/2/2007 16:11

Dull Gull, hope you're still holding. Remember our exchange last April? Here we are now at 300, prior to the March results... Good call, sir.

[peaeff] 05/2/2007 10:48

Bletherer

I like to study what is said very carefully and I agree with you there is what could be a very significant piece of wording in that message you have highlighted. If you look at the previous comments made in respect of the performance for the year, it clearly states that they are expecting the figures to be at the 'upper end of expectations'.

The latest message clearly states that they have 'outperformed expectations' which leads me to think, unless they chose their words badly, that the figures will be better than the 'upper end'.

Should this be the case I feel we could have a gentle rise towards results and then a very positive one.

REESHAR

I read an article on 'Oil Sands' in one of the Sunday papers yeasterday and the reserves in Cananda are tremendous and because of the current price of oil, and the costs of extracting some of it, company's who decided to go this route are now producing oil at far less cost than the more traditional methods. (this being previously too tedious and expensive). Some of the majors have only recently begun to diversify into this sort of extraction and, according to the article, BP are yet to participate.

The management of this company seem to me to be totally on the ball and in a lot of cases way ahead of the game. It augurs well! no pun intended.

Can anyone help with any possible resistance points we may well encounter?.

Regards PF

[Abuse team] 03/2/2007 23:27

Post removed by ADVFN

[reeshar] 03/2/2007 22:18

Market seems to like its acquisition of APA Petroleum Engineering. With that and the strong market on Thu/Fri the price has moved up well. Only concern is that thr RSI has reached previous highs so could be a dip next week. Chance to top up maybe ? IMHO of course.

[peaeff] 03/2/2007 02:35

Reeshar

How;s the chart looking. Just back from 2 weeks holiday and no computer and very pleasantly surprised at the progress. If figures are better than expected it could fly from here.

regards PF