Severfield Share Discussion Threads

[the grumpy old men] 14/1/2020 11:01

BANKS DO NOT SEEM TO PASSING ON THIS STRENGTHENING

GOT BAD DEAL OF 1.09999

[alphorn] 14/1/2020 10:44

Don't know but care needed again.

[the grumpy old men] 14/1/2020 10:42

1.0788CHF
-0.0021-0.19%

WHY STRENGTHENING

[waldron] 14/1/2020 06:47

EURCHF:CUR
EUR-CHF X-RATE
1.0820CHF
+0.0011+0.10%

[waldron] 13/1/2020 07:31

EURCHF:CUR
EUR-CHF X-RATE
1.0829CHF
+0.0013+0.12%

[the grumpy old men] 11/1/2020 11:40

1.0816CHF
+0.0007+0.06%

[cc2014] 10/1/2020 11:18

Quite an interesting chart. As we can see we are at resistance right now at around 85-87p with 4 data points going back to early 2017. I think we will be stuck here a while not least because Hambro are selling their stake down. I see some more large trades since the last RNS on 6th January so I expect another one from them soon. However as soon as they finish and we get through resistance it will move up quickly. The great Jesse Livermore (the greatest trader who ever lived?) used to make bundles of money out of this and I have found it a very successful strategy.



Now for a bit of fun next is the chart going back to 2000. Alot of things have changed since then. However, what we can see is that the share price was stuck in a trading range of 60-100p for years between 1998-2003 which is bizarrely where it's been stuck between 2013-2020. We can also see that as soon as it escaped the range it took off quite dramatically hitting 600p



Not saying it's going to 600p. That would be madness unless somehow Brexit gets with us remaining within the EU. Hopefully chance of a good run though.

[sarkasm] 09/1/2020 14:58

EURCHF:CUR
EUR-CHF X-RATE
1.0802CHF
-0.0013-0.12%

[adrian j boris] 09/1/2020 10:31

1.0817CHF
+0.0002+0.02%

[sarkasm] 08/1/2020 10:12

1.0819CHF
-0.0003-0.03%

[waldron] 01/1/2020 23:36

1.0853CHF
+0.0005+0.05%

[waldron] 31/12/2019 07:48

EURCHF:CUR
EUR-CHF X-RATE
1.0860CHF
+0.0003+0.03%

[alphorn] 30/12/2019 22:43

Needs watching as it falls below 1.10.

[sarkasm] 30/12/2019 20:34

1.0853CHF
-0.0039-0.36%

[waldron] 20/12/2019 08:13

EURCHF:CUR
EUR-CHF X-RATE
1.0888CHF
+0.0007+0.06%

[waldron] 19/12/2019 17:51

1.0872CHF
-0.0025-0.23%

[waldron] 19/12/2019 15:48

1.0876CHF
-0.0021-0.19%

[cc2014] 19/12/2019 12:03

Buyers nibbling away at 88 and the larger sell trades yesterday and today seem to have no impact on the share price. Test comes at 90p I guess but my instinct says to not to sell there and wait and see what happens.

This is hard to explain but I have my feeling in my gut something has fundamentally changed above and beyond the election outcome and Trade Wars part 1 and a small pickup in the German economy.


now this is just conjecture and I hate these Boards for this type of unrumoured conjecture but I'm going to say it anyway but with so much infrastructure spend coming up and Sterling still so weak, any number of the better UK construction companies with a long term track record and wide open for a takeover. not that I want this to happen really. I'd much rather they churned huge profits over the next 5 years and I collect the benefit that way.

[waldron] 19/12/2019 06:58

EURCHF:CUR
EUR-CHF X-RATE
1.0909CHF
+0.0013+0.11%

[the grumpy old men] 18/12/2019 19:46

1.0898CHF
-0.0038-0.35%

[grupo guitarlumber] 18/12/2019 11:32

EUR CHF 1.0914 -0.0013