Travis Perkins Share Discussion Threads

[nigel123] 27/7/2009 17:07

stopped out @ 697

[maximillian1] 27/7/2009 10:56

Ok


Watch this happen hit 732....drop 612 within 3 days

[cockneyrebel] 25/7/2009 18:35

Who shorts as the FTSE 250 is just breaking out?



And as the FTSE100 is about to breakout and all the US indicies are breaking out?

And despite the duff chart in the header TPK is breaking out too - it's just gone through the May 7th high.

Short what you see, not what you hope for imo.

Trading update next week - there will be plenty buying in ahead of that in the hope for news that surprises to the good - with so much bad news priced into stocks.

CR

[nigel123] 25/7/2009 08:33

thanks max....next week should be a interesting, 750 is a certain test, however i cant see where it will drop to, nice cup formed.....

have a nice weekend

[maximillian1] 24/7/2009 19:02

Just think whole market is topping out..looking and there is plenty of time for a sharp pull back to 420 then up to 9.40 even 11.80 which is 50% retrace of the whole fall.....yes we could creep all the way..but some how I doubt it..anyway if your stop is in place no problem..I am out and will wait and see.

It might just keep going to September summer rally( which I feel we have already had)

Can always get back in only have to press a button.

you pays your money and takes your chance


tpk top 780 down 421 ( as we have closed above £7 )


I expect Howdens gfrm to top very shortly at 62p should coincide

[nigel123] 24/7/2009 14:36

not hit my stop yet...guess it wont today 6.70...at this rate stop will adjust to approx 7.00 at close of play.........why u so certain max?

[maximillian1] 24/7/2009 10:02

Well it better get there by Tuesday ..wish you luck.. and really hope you get it....I know tpk can whoosh £1 no problem in 2 days.But it is going back to 4.30 fact.

[cockneyrebel] 24/7/2009 09:53

Not while it's going to £8+ I ain't selling

CR

[maximillian1] 24/7/2009 09:35

sell for gods sake sell

[cockneyrebel] 24/7/2009 09:20

Chart breakout - and on volume.

I dunno where that chart comes from in the header but it's wrong - these are making new recent highs today.

that big straight drop shown on the chart in May never happened.

CR

[maximillian1] 24/7/2009 09:06

Nigel

Strongly recomend you sell youir share ..if you are in profit

[maximillian1] 24/7/2009 08:54

SOLD 700....BUY BACK 430 :) THEN 1180 SELL

[nigel123] 23/7/2009 12:55

Why the volume today?

[cockneyrebel] 23/7/2009 11:51

Breaking out through the May high.

CR

[maximillian1] 23/7/2009 11:19

Having said the above...I have been also expecting a drop to 470 again, which may now happen to form a nice big w.. shouild know by Monday

Had another good look at my chart and my lines say sell 702...buy 180 less about 523 these boys like £2 swings and the Dow //ftse /S&P is struggling.

Then 523 to could be 923 but anything over 830 will be good//:)

Thats my game......

[maximillian1] 23/7/2009 10:37

nigel

We wil at the least double top...look Sept Dow 9500/600 Tpk could ..i say could... 850/980 by then.
They are pushing all the markets up on low volume..big money comes back eatly Sept from the Le St Geran ect ...they will whack it then..expect TPK Drop at least £4....but from a good hieght :)

Howdens yesterday ...good out look up 20%..ticker gfrm

[nigel123] 16/7/2009 17:09

hi max thanks for your reply. Dont you think that 870 is a little on the high side, looking at the chart i think that 750 is going to be a testing point, also consider that 800 would be close to a year high, we are in a recession with no encouraging news from the building industry. The climb over the last 2 weeks has been impressive, also figs due out soon.

[maximillian1] 12/7/2009 09:32

nigel 123

Apologies for not replying sooner,as only visit this board occasionally,if you look it Tpk the chart shows a classic cup and handle formation at this moment in time.

The share has been waiting for oil to finish its retrace as have many shares,Tpk in particular on bad days is is not moving down, which in its self is very reassuring,but on up days it has slowly moved up from the low ,caused by the rights issue.

If we say oil will recover from 58.75 to between 78.5 or even 88.5..give or take a$..then we will move with the markets, on what will be a late to high summer rally through July and August.

Summer rallys generally once a decade

Tpk should in my opinion double top around 870 to 970 which at this point i can not say...but this is the thinking behind my forecast..but as we all know nothing is s certain in this life, so you pays your money and takes your chance.

Sept when the big money comes back , we will all need tin hats all markets fall big time..at the bottom of which the real bull starts snorting slowly at first,then digs its mightY feet in and charges to a very fast plateau..were it sIts and takes in the air,but does not return to the lower slopes again.

All this and I have not even ,had drink today ...I swear :)

[nigel123] 03/7/2009 18:45

max....can u please explain your method?

[maximillian1] 27/6/2009 12:13

Time to buy again last push to 706 has already started...

[jugears] 28/5/2009 09:06

why, If the shares had gone the other way I would have looked a bit stupid, plus the fact I would never try to Influence anyone in to Buying or selling Shares I do My own research ,I still feel that TPK is a very good long term investment, With wolseley Branch closures this should be very Good for TPK in the long run.

I do agree that That I was very lucky Selling last night , however usually when I sell a share they start to go up the next day!

[typo56] 28/5/2009 08:40

If only it were that easy JUGEARS. If trading around ex-rights were so predictable everyone would do it, and it would no longer be predictable! It's a bit like trying to be clever around ex-dividends.

I suggest that today's 4% fall in real terms may have more to do with the 2% fall in the Dow combined with the Wolseley IMS this morning, and you were lucky rather than outstandingly clever.

You would have looked smarter if you had posted last night that you had changed your mind and sold.

[jugears] 28/5/2009 08:31

Not really Sold at 7.49 yesterday(for about 2000 profit on todays price if I had taken up my rights I would only be about 1000 in profit, as it is I bought my shares back earlier today,not clever just common sense & twenty seven years experience.