Smc Share Discussion Threads

[omalaha] 30/4/2007 15:34

i notice Edison mention that the contract review is still ongoing - could there be further bad news? Hope not.

[volvo] 30/4/2007 13:44

siwel100 point is we have company fully back on track making plenty of money.Cost savings being completed and organic growth seeing profit well over 10m pbt starting in 8 months time.

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[siwel100] 30/4/2007 13:31

volvo...The fast ratcheting up of the Divi was a no brainer once the strategy was changed to cost trimming and organic growth. They are going to have to put those profits somewhere now its not a mad aquisition race.

[volvo] 30/4/2007 13:29

omalala well done and good call.

[volvo] 30/4/2007 13:27

Read this out today.

Eddisons after detailed disscusions with directors of SMC are forecasting 65pc increase in turnovere 8m pbt and a 50pc dividend increase AND WE ARE ALREADY 4 MONTHS INTO THE YEAR.

More to come in following year which they confirm in June after the AGM statement.

Already doing Olympic work


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[omalaha] 30/4/2007 12:51

EPY up 12% today - all those who ignored my tip, please go to the back of the class!

[scotswhaehae] 30/4/2007 10:53

I suspect the buyer is just about to clean out the market again...

Great stuff!

[turbotrader2] 30/4/2007 09:22

this share only goes up when the market is down

lol

[noiseboy] 30/4/2007 08:50

All this talk of cups and handles makes me thirsty...time for tea!

[turbotrader2] 29/4/2007 22:57

these directors will prove there buying wasnt in jest at 1.34

[johne1] 29/4/2007 19:24

Master RSI - 29 Apr'07 - 19:08 - 6602 of 6602

Quite brilliant - it makes my, previous, nonsense look not so bad, to boot.

Many thanks.

I assume, from an RSI masters perspective, we are still quite bullish. However, I still don't think that more news, of the positive type, would go amiss. That would serve to substantiate The Masters words and charts.

I am on the sidelines here but, very interested, hence, my continuing to post.

Cheers all - especially Master RSI and TurboTrader

[master rsi] 29/4/2007 19:08

Johne1

re -Chart formation

Around the beguining of April a Double bottom was formed, and so the high moved up on the share price



Now the shape is of a CUP and Handle, but what happened before does not go with the subsequent shape.....

The cup-with-handle pattern is a bullish continuation pattern that is formed by a corrective movement in price following an upward trend in prices.

[barbra2] 29/4/2007 17:48

A 'buy' signal has been posted by britishbulls.com for SMC shares. They don't claim a 100% success rate, but 95% sounds good enough to me!

[siwel100] 29/4/2007 15:23

Johne1...They all look great after the event, but rarely before. Would only ever trade a chart in combination with news or if I knew the company absolutely from top to bottom over a long period of time.
The head and shoulders can turn into top testing before breakout, the flag can turn into long term decline, the double bottom can turn into a multiple bottom test before collapse....you never know till afterwards :)

[johne1] 29/4/2007 15:11

Sorry for butting in here.

As I stated earlier, I am no chartist. However, I have come across some of the terminology from those who practise TA etc..

I just wondered if we could take a vote on preferences.

For example, out of the three types of formation, known to me, namely: -
1. Head and Shoulders
2. Flag Formation
3. Double Bottom
Number 3 is my favourite. Only the female ones though.

Any light comments, without swearing at me?

[scotswhaehae] 29/4/2007 15:00

I doubt anywhere near enough have been accumulated yet for there to be any need of a 'holdings RNS'...

The important thing may well not be newsflow, simply 'facts on the ground' ie continued hoovering of what little is now being put up for sale...

It all bodes very well imo but obviously dyor!

[turbotrader2] 29/4/2007 12:17

johne1

there is still massive upside mate##something has drove this price up such as scots assessment of a big buyer in the wings

perhaps a "holdings" announcement soon will show

[johne1] 29/4/2007 10:13

Perhaps you guys should heed a cautionary note here and use anti dandruff shampoo. That could just do the trick and prevent the sort term 'head and shoulders' forming.

Seriously though, (I am no chartist or TA expert), I am pleased for those of you who have took advantage of the recent gains.

I missed the boat.

[bigbobjoylove] 29/4/2007 06:10

GME?? part of business in administration.
Take a look at EDD, very very overlooked. Pe ratio going forward is around 7, just announced another earnings enhancing deal and they've no debt with cash in bank an dpay a nice divi. CHH another aim bargain debt free on a very low pe coming good now though, may have to wait a short while but these bargains don't half reward you. Prob the same here 6-12 months out. LTHM another no brainer on AIM also.

[volvo] 28/4/2007 21:26

omalala I must say I like E Pay and I believe it will do well.

What I look for before buying is tangible value.

What I mean by this is that I need to visit companys see what they do and talk to the people involved.

That is difficult with E Pay.SMC was easy you make a few calls you visit the west end and talk to a few directors.Simple fee charging business that must come good.

If you want a gamble look at GME they are making cranes and stuff for the oil industry and WILL make over 5m pbt this year and are on a pe of 2.9.I own shares in this company and see a multi.

[kalmar] 27/4/2007 16:21

the 1st bounce was naturally sold off on quick profit taking...I expect some resistance at 100-110 from the many that bght before the last drop....

I intend to hold...as said 120-150 easy within 6 months...1/2 bagger for those who reloaded at the lows.

K

[omalaha] 27/4/2007 14:01

if anyone's interested there's another oversold company quietly breaking out..EPY - low PE/profitable/dividend/cash business. trading statement due,worth a look. surprised Volvo hasn't spotted it.

[scotswhaehae] 27/4/2007 13:28

Yes..when we rise through 88p imo we will see momentum guys scrambling in through what is a very narrow door...

[njp] 27/4/2007 13:22

Nice to see the strength in the last couple of days. Would be nice if it can hold up pending an attack on 100p.

[turbotrader2] 27/4/2007 13:13

going up big style

buyer still around imo