Trading the stockmarket (NO Referrals)
- Thread starter mcast123
- Start date
Most are big in the US though hence the concern. Although Shell are doing well.
I've still got my eye on Croda.
2 August 2011****
*
COOKSON GROUP PLC
2011 HALF YEAR FINANCIAL REPORT
*
HIGHLIGHTS
·***** Strong performance improvement in H1 2011 (versus H1 2010):
o* Revenue of £1,421m, up 12% on underlying basis1
o* Trading profit of £145.9m, up 21%
o* Return on sales1 of 10.3% (Ceramics 11.6%; Electronics 10.8%), versus 9.8%
o* Headline profit before tax1 of £132.1m, up 27%
·***** Good progress towards our return on sales margin target of 12% by 2013 (assuming constant metal prices) - H1 2011 margin at constant metal prices was 10.9% versus 9.9% in FY2010
·***** Strong demand in key end-markets of steel production, foundry castings and electronics
·***** Continued investment in production capacity in key growth markets (China, India, Brazil, Eastern Europe, Japan and Singapore) and in increased R&D capability
·***** Headline EPS1 of 35.2p, up 30% on H1 2010 (27.0p)
·***** Interim dividend declared of 7.25p per share (2010: interim dividend - nil; final dividend - 11.5p)
Will take a look at CAD
RRL and RMP are cheap, though RMP has risen a fair bit recently. RMP is the riskier as RRL have other assets to underpin the SP, having said that, if there is a strike in Georgia or Punty, then RMP will motor due to the number of shares in issue..
PAF are worth a look, new platinum mine due to open Sept/Oct, with production expected from Dec onwards, pays a divi and is a well run company.
DPL is another long term prospect, Im lucky as I bought into the drop so have reduced my average SP to 4.1p, but it is a long term in vestment, but they do have some very attractive licenses in E Africa..
Soldato
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- 13 Jul 2004
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- 20,341
- Location
- Stanley Hotel, Colorado
Oil is not doing so great, about neutral I guess. It has a lot of leeway to rise
BP dived into the close, quite unusual when its just going ex-div. It pays about 4.30 per 100 shares or about 1% return on the current price (depending on exchange rates)
I doubled back up, hopefully it can weather the storm
Lots of fear. CEY Egypt gold mine had to cut production plus election is soon I think. Exclude the news and its 'cheap'
Im told the bull market since 2009 is under threat. a lot of people watching charts and expecting bad falls.
This is akin to July 2008 imo, just as it fell into a 'bear market' it then rose for a couple months. Obviously turning bad later
Fear is good, adds to my hopes it could be unjustified short term. I think traders expect a bad sell off, so the opposite of last weeks rally jinx?
Juggling Barc is tricky. Sold at highs and rebought towards close in hope of better prices.
Finance sector is near a trend bottom (opposite of last week), theres a reasonable chance it could catch a rise.
Barc includes Lehmans business and is larger then 2008 yet valued lower. Its not popular for sure
Pays out 1p next wed I think
BP dived into the close, quite unusual when its just going ex-div. It pays about 4.30 per 100 shares or about 1% return on the current price (depending on exchange rates)
I doubled back up, hopefully it can weather the storm
Lots of fear. CEY Egypt gold mine had to cut production plus election is soon I think. Exclude the news and its 'cheap'
Im told the bull market since 2009 is under threat. a lot of people watching charts and expecting bad falls.
This is akin to July 2008 imo, just as it fell into a 'bear market' it then rose for a couple months. Obviously turning bad later
Fear is good, adds to my hopes it could be unjustified short term. I think traders expect a bad sell off, so the opposite of last weeks rally jinx?
Juggling Barc is tricky. Sold at highs and rebought towards close in hope of better prices.
Finance sector is near a trend bottom (opposite of last week), theres a reasonable chance it could catch a rise.
Barc includes Lehmans business and is larger then 2008 yet valued lower. Its not popular for sure
Pays out 1p next wed I think
Last edited:
Soldato
- Joined
- 13 Jul 2004
- Posts
- 20,341
- Location
- Stanley Hotel, Colorado
Danger, Will Robinson!
A normal broker will allow stop losses, its not an advice service. I try to do soft stops which is where you decide yourself when its stalling before the fall. Im often wrong but I hate selling a company that is cheaper (that is in theory a good reason to buy)
Yea Im thinking the same but everything is cheaper and Egypt has risks. They could turn like Iran I dont know. BP used to operate in Iran and they lost all their money there AFAIK. After 30 years+ people are pretty angry and a gold mine with some foreign ownership is a bit of an obvious target
Volume on its fall was massive. So will decide later, I already own them but sold some at 140
I have order at 102 and had one for Barc at 212 but my account ran out of money to buy it so of course I miss out and it rises, typical
Bp plunge continues, the basic reason why it should be ok is currency is weak. [Fall is 1.37% making it wiser to buy post dividend, I lose but I dodged some of the previous fall so whatever]
If they start raising rates and doing anything sensible vs spending debt it should get much more difficult to say: oil is more valuable, back the drillers they will come good
Major trend break from 2009, double top on Dow Jones. Lots of signals saying sell! The wider market might be high, it is still very near its best price for years. All the stuff I own is pretty cheap, BP already fell a lot its not a booming stock.
Its storm weathered, it should do ok imo.
PE 10 is cheap PE 20 is expensive. A company that can buy back every share within a decade is not overvalued
BP is priced 7 times annual earnings?
http://finance.yahoo.com/news/China...Juc29m?x=0&sec=topStories&pos=9&asset=&ccode=
How much Gold are they producing today. Condor is in the dumps as it produces zero, market wants the money now! This links to CEY which promised to mine more in future but its failed to deliver the gold it said it would
Gold spot price is like an open chocolate bar and these gold explorers are saying, well Im cooking a pie. The market is hungry now and complaining how do we know you wont burn it
The two prices dont compare directly
A normal broker will allow stop losses, its not an advice service. I try to do soft stops which is where you decide yourself when its stalling before the fall. Im often wrong but I hate selling a company that is cheaper (that is in theory a good reason to buy)
Yea Im thinking the same but everything is cheaper and Egypt has risks. They could turn like Iran I dont know. BP used to operate in Iran and they lost all their money there AFAIK. After 30 years+ people are pretty angry and a gold mine with some foreign ownership is a bit of an obvious target
Volume on its fall was massive. So will decide later, I already own them but sold some at 140
I have order at 102 and had one for Barc at 212 but my account ran out of money to buy it so of course I miss out and it rises, typical
Bp plunge continues, the basic reason why it should be ok is currency is weak. [Fall is 1.37% making it wiser to buy post dividend, I lose but I dodged some of the previous fall so whatever]
If they start raising rates and doing anything sensible vs spending debt it should get much more difficult to say: oil is more valuable, back the drillers they will come good
Major trend break from 2009, double top on Dow Jones. Lots of signals saying sell! The wider market might be high, it is still very near its best price for years. All the stuff I own is pretty cheap, BP already fell a lot its not a booming stock.
Its storm weathered, it should do ok imo.
PE 10 is cheap PE 20 is expensive. A company that can buy back every share within a decade is not overvalued
BP is priced 7 times annual earnings?
http://finance.yahoo.com/news/China...Juc29m?x=0&sec=topStories&pos=9&asset=&ccode=
How much Gold are they producing today. Condor is in the dumps as it produces zero, market wants the money now! This links to CEY which promised to mine more in future but its failed to deliver the gold it said it would
Gold spot price is like an open chocolate bar and these gold explorers are saying, well Im cooking a pie. The market is hungry now and complaining how do we know you wont burn it
The two prices dont compare directly
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Soldato
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- 13 Jul 2004
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- 20,341
- Location
- Stanley Hotel, Colorado
pain game
I hold too much, cant really buy here but some of this is bargain prices
Rockhopper at 200 is a fair place to take interest again but Im not keen compared to Greenland where Cairn is. Sold them +25% ago as I knew it'd be volatile, they just failed to find oil but this company is world class genius for developing oil sites.
If I was buying, I'd go with them
Dollar is weak but oil is even weaker.
Its not playing ball, oil needs to be holding todays lows or it will really be failing its normal range (2 years of price rises)
BP needs to be holding lows of June which matches the immediate post slick highs. No real excuses for losing that except bad court case news, etc
Range is 467 to 420p a failure would be 381p next & 360p is Jan falls extrapolated
At this rate I may have to cash in my gold coins
I hold too much, cant really buy here but some of this is bargain prices
Rockhopper at 200 is a fair place to take interest again but Im not keen compared to Greenland where Cairn is. Sold them +25% ago as I knew it'd be volatile, they just failed to find oil but this company is world class genius for developing oil sites.
If I was buying, I'd go with them
Dollar is weak but oil is even weaker.
Its not playing ball, oil needs to be holding todays lows or it will really be failing its normal range (2 years of price rises)
BP needs to be holding lows of June which matches the immediate post slick highs. No real excuses for losing that except bad court case news, etc
Range is 467 to 420p a failure would be 381p next & 360p is Jan falls extrapolated
At this rate I may have to cash in my gold coins
Last edited:
Soldato
- Joined
- 13 Jul 2004
- Posts
- 20,341
- Location
- Stanley Hotel, Colorado
Iam slightly mystified, something is different this time. Vodafone and BP are slightly up but the risky stuff is very badly down.
I read a story about 1 trillion of money management funds being taken out of the market or something like that
Which forces major sales by those funds, a bit like 2008 when people got spooked by the impossible Lehman event (Lehman was a default event in debt markets, stock didnt matter)
The risky companies of course need money lending, BP and others can self fund if they had to I think.
If I spot a story saying wtf is happening I'll edit this
CNR is up 
SKR down 20% 
I read a story about 1 trillion of money management funds being taken out of the market or something like that
Which forces major sales by those funds, a bit like 2008 when people got spooked by the impossible Lehman event (Lehman was a default event in debt markets, stock didnt matter)
The risky companies of course need money lending, BP and others can self fund if they had to I think.
If I spot a story saying wtf is happening I'll edit this
CNR is up
SKR down 20%
Soldato
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- 17 Sep 2007
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- 11,099
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- West Yorkshire / Market Bosworth
Whats word on the street silversurfer, I'm thinking about getting back into CNR...?
Condor is a gold exploration company. If you've been in it before I'm sure you know all the fundamentals and the realities of exploration (not production) in any field. If not I'll give you a hint and tell you that La India has 988k oz JORC of which condor has an 80% equity. 3 drills currently and a minimum target of 2m oz. If you plan on day trading this or are in for a quick buck, good luck.