Segro Share Discussion Threads

[westcountryboy] 12/7/2007 08:15

But it's accompanied by a 12 for 13 share consolidation so don't get so excited!

[gerd212] 12/7/2007 07:56

"Following Completion, SEGRO intends to return approximately £250 million (equivalent to 53 pence per Existing Ordinary Share) to Shareholders by means of a Special Dividend. The remaining proceeds of approximately £324 million will be used to temporarily reduce the Continuing Group's net indebtedness prior to being re-invested to fund the Continuing Group's growth plans in Continental Europe and the UK. "

[john_l] 12/7/2007 07:50

Does anyone know how much the special dividend will be ?

John.

[yakin] 20/6/2007 09:32

Segro, the property company formerly known as Slough Estates, put on 0.4 per cent to 670½p on fresh talk that Dubai business park operator, Economic Zones World, may bid. Today'S FT.

[2shemshersingh] 13/6/2007 00:07

I think the stock needs to get above the 200 day moving average as a more reliable entry point. So far the stock is well below the long term moving averages (sitting just above the 500 day EMA). Maybe we need to see more blood like panic sellers before the stock gains strength. In the short term the stock is a sale on rallies. Today it made a high of about 668p and was then sold back down. I have no positions and had lockled profits from higher levels. My friends that got into this stock have all lost money during the declines. I think there will be a sector rotation and this stock will be back in favour. So far it looks like it may beat down to test lower levels. I feel for you guys that are losing money and have not set stop losses. I think the market maker will shaft anyone with stop losses by gapping the stock down and panic a stop loss. When the market maker has accumulated all the stock on the cheap they will then gap the stock back up and make the chart look good for entry level. I'm keeping an eye on this stock as I'm very keen to get back in. I think it's much safer when it's shown a steady base, maybe tripple bottom and a rising flag formation. I'll give you my views when I see a clearer entry.

[s50cam] 08/6/2007 13:15

Gone long at 645.5 with quite a tight stop loss. Hoping for a hammer to be formed today.

[s50cam] 08/6/2007 11:43

2shemshersingh

Are you still in or have you been stopped out ?

The chart looks dire to me but I am no expert, where do you see the next support ?

It is down over 20% from its recent highs and so surely is due some sort of relief rally.

I am watching very closely but have not made a trade yet.
Any ideas anyone
Thanks

EDIT - All the indicators look oversold so what now would constitute as a buy signal

[l.parker] 05/6/2007 14:06

Times today 14.00 Segro to buy BAA sites at Heathrow possibly Cargo Centre,
with their huge war chest. Why all this selling ???

[2shemshersingh] 03/6/2007 15:38

700p is a support level despite the fake trades and the occasional stop loss being triggered on low volume. It looks like the stock could start to make a base and possibly test 740p.

[s50cam] 30/5/2007 19:45

2shemshersingh

Where do you think its next support is from a charting point of view ?

Thanks

[2shemshersingh] 28/5/2007 14:15

I've watched all the trades that went through and it seems someone sold 829 shares at 681p and bought back around 709p to create a fake hammer formation. All of a sudden Slough Estate dived on very light volume. Someone manipulated the trades to create this candlestick formation. With a hammer formation you get a reversal of a down trend and a buy signal is triggered. As this signal was faked some people got sucked into buying the stock towards the end of the trading day. A few friends of mine in particular.

I saw a few fake trades at the top end too. Around 801p a few weeks back someone bought 1 share to create a fake breakout. If you had an automated buy signal at 801p you would of been sucked into the trade only to notice the stock fell back down. The same trick applied when the stock fell to 681p level. If you had an automated stop loss below 700p that could of been triggered. In this case the stock fell on very thin volume and does not reflect a real hammer formation.