DIY-Investors Live Internet TV Broadcast Tonight!

The next Live TV Broadcast is tonight at 8pm GMT (3pm EST).

Mick Pavey will present the show, which will include:

• A look back at the markets for 2012
• Mick's personal view of 2012 (successes and failures)
• Some thoughts for 2013

You can join Mick by using this link to the DIY-Investors Live TV Show at 8pm.

Mobile Streams - Results at last!

Mobile Streams (AIM: MOS) - Audited Results Out!

After a considerable wait, the final results for Mobile Streams have been released. They were worth waiting for, as they show an impressive set of numbers!

The Key Points, for the 12 months ended 30 June 2012, are:

• Revenues of £22m (compared to £15.5m for the 18 months ended 30 June 2011). All revenues are from continuing operations and include no exceptional items.
• Mobile Internet revenues of £16.5m (compared to £7.5m for the 18 months ended 30 June 2011).
• Trading EBITDA* was £2m (18 month period ended June 2011: £0.5m).
• Profit before tax was £1.6m (18 month period ended June 2011 £0.1m).
• Cash of £1.8m, with no debt (compared to £0.7m as at 31 December 2011).

Now, compare these results with the Sharescope Key Metrics, at close of play on Friday 7th December, (below):

As you can see, the Turnover & Profit + the net cash position have exceeded expectations and for us DIY-Investors, perhaps the shareprice over the coming weeks will  reward our patience. What do you think?

"Picking Winning Shares" - Free (for now!)

Picking Winning Shares

As a gift for Thanksgiving, we've decided to make Mick's eBook version of "Picking Winning Shares" free until midnight tomorrow (24th November).

"Picking Winning Shares" (Kindle version) is available (free) from Amazon, until Saturday 24th November 2012.

Enjoy the Thanksgiving Holiday (or the wet weekend if you're in the UK!).

Set Your Alarm Early Tomorrow Folks

I'm getting up early tomorrow...

Have you lost your marbles Mick, I hear you ask. Well, not quite. My reason is that I've just spotted a breakout that caused me to go digging about. Well, it's better than watching TV (or answering the door to the blasted Trick or Treaters).

Now, to the point...

Mirada

Mirada (AIM: MIRA) showed a clear breakout above the 200 day m.a. today (with volume), moving up 1p to 10.5p. See the graph below:

Looking at the Key Metrics (below) didn't give too many clues...

A young company with a PSR below 1.0 (in this case 0.78) is always good. There are no forecasts on Sharescope, so I went digging around on the Company's website, checked the last two sets of accounts and the various RNS announcements.

What really caught my eye was the Mirada RNS yesterday (30th October 2012), which states (inter alia) that

"Our Interims to 30th September 2012 will be reported on 1 November and I am pleased to say that we anticipate that they will show a significant improvement in performance.”show a significant improvement."

Coupled with the recent news about the tie ups with Cablecom Mexico and Sky Italia, I expect the shareprice to respond accordingly.

Usual Caveats... make up your own mind and DYOR.

I'm off to set my alarm clock!

Mick.

Don't peep - two bottoms on view!

Premier Foods (LSE: PFD)

Premier Foods was up 10.5% today, closing at 101.5p. The share price graph is starting to show clear signs of forming a "Double Bottom", see below:

With momentum building, following the RNS announcement today, re. the completion of the disposal of the Sweet Spreads and Jellies Business for £200m (£170m cash + £30m shares in the buyer [Hain Celestial]), the completion of a double bottom formation looks more likely than not. If this does happen, it could bode well for us DIY-Investors that spotted the signs.

What do you think - will this be a trick or treat?

Mick.

Can Premier Foods get back to the First Division?

Premier Foods (LSE: PFD) - SP= 85.75p, MCAP=£205.6m (at close 24/10/2012)

Premier Foods looks as though it is shaping up to be a classic recovery stock. At the beginning of October, I added it to one of the DIY-Investors Active Portfolios (replacing Shaftsinkers) and so far that looks to have been a good move. So in amongst my current plans to "Escape to the Country", what attracted me to it?

Well, you won't be surprised to hear that it was a combination of technical and fundamental indicators. I've summarised these below...

Technical Indicators

Back at the beginning of October, the PFD share price had nudged through the 50 day moving average, following a lateral breakout from the downtrend (marked by the orange line) that had been in place since the middle of June. On Friday 5th October, I bought PFD for the active DIY-Investors portfolio at 66.5p (having sold ShaftSinkers the day before). At the time, the SP graph looked like this...

You can see that, as is common, there was no increased volume to support the lateral breakout (17th September onwards) although the OBV broke up through the downtrend and the RSI was starting to show increasing strength. The clear breakthrough of the 50 day m.a. was the factor that tipped the balance for me, coupled with the general shape of the Share price graph over the medium term (see below):

Note that the low at the beginning of September 2012 was a higher low, compared to the lows of October/November 2011 (marked by the high volume).

Fundamental Analysis

Let's have a look at the Key Metrics (from Sharescope):

Background

 PFD has been burdened by the large debts (£1.2 Bn) taken on when it acquired Hovis and Mr Kipling group (RHM) in March 2007, just before the credit crunch and subsequent economic downturn. PFD has been facing an uphill battle since then, having to cover large interest payments, hefty bank fees and with the need to correct the large pension deficit.

Summary

Notwithstanding the above, the fundamentals do meet some of my criteria for a potential recovery stock, as follows:

• Low PSR (currently 0.12 [pr])
• Positive operating margin (+4.68% on last results - see Blue Arrow [above])
• Low P/E (currently 2.86)
• Improving Newsflow re. disposals etc.

Some of the more bearish counterpoints included:

• Level of debt
• Pension issues
• negative cashflow in y/e 31.12.2011 (see orange line on key metrics)
• negative tangible book value
• slight fall in turnover

As usual, as a DIY-Investor, I am quite happy to weigh up the evidence and dip my toe in the water (buying my initial holding) based on my own judgement. So far, so good and I can see the potential for more upside on the share price.

Why not take a look and see what you think about the recovery prospects for PFD?

Be sure to let me know your verdict!

Mick.

TCG starting to cook?

Thomas Cook Group, TCG (SP=18.25p, MCAP=£159.7m)

Thomas Cook Group (TCG) closed at 18.25p this evening, having broken up through the flattish 200 day moving average. This follows an interesting Pre-Close Statement last Friday (28th September), which suggested that business had improved - with late foreign holiday bookings being a strong factor.

You may remember our previous Blog Post on 19th July 2012, when we asked if Thomas Cook was turning? Well, here at DIY-Investors, we now feel that the balance of evidence is showing that this  might well be the case. So, if this is the start of a long road back to recovery for TCG, let's take another look at the evidence...

Technical Analysis

The Long Term graph doesn't make a pretty picture, as you can see:

Having fallen, from 297.5p (6th May 2009) to 10.2p on 22nd November 2011 (a drop of 287.3p, 96.57%) in two and a half years, TCG has been bumping along the bottom for some weeks.

Fundamental Analysis

Trading the breakout of such a battered stock carries risk and potential reward. The Key Metrics (below), illustrate some of the problems facing TCG...

Having turned in a thumping loss last year (£398.2m), the loss is forecast to narrow considerably in the year that has just ended (on 30/09/2012).

Positive Points include:

• High Turnover but low PSR (0.16)
• Well established brand name (at least in most peoples eyes!)
• Cash-flow per share still positive last year, compared to eps (22.87p - v - 0.84p)
• Long-Term Funding in place - see Interim Results (May 2012)
• Positive action being taken to reduce borrowing (such as selling TCG India).

Negative Points include:

• High (and increasing borrowings)
• Net gearing has been rising for past 5 years
•  The squeeze on household expenditures may adversely affect discretionary spending (such as holidays)

 Recent Price Action (and Analysis)

The recent share price action, since the panic dump of November 2011, is worth looking at in greater detail...

You can see above that the price has clearly responded favourably to the pre-close statement last Friday. Note in particular:

• Increased volume in past two trading days
• Higher average volume last 10 or so trading days
• Buy signal on the ADX indicators (although I would like to see the 14 day ADX value higher)
• RS (against the FTSE 350 Travel & Leisure) has turned up, from a low position
• OBV has turned up
• Improving news recently (disposals etc)
• Horizontal Trading range of past 10 weeks has been broken to the upside

As usual, we all have to make up our own minds as DIY-Investors but the signs look promising!

Let us know what you think!

Can I do it?

Can I do it (Pick Winning Shares)? 

This is one of the most common questions that Mr (or Mrs) Negative keeps whispering inside your head, particularly if you have only been investing for a short while.

The problem is that there is so much information available and this is often contradictory and confusing. Then there is the argument about the style of investing that is "best". Value, Growth, Income, Recovery, Momentum Stocks etc. etc. Next you get those who say that only fundamentals work and those again that swear by technical analysis (as it's all in the price).

Well, I'm greedy, I want to use the best of both Worlds (Fundamental & Technical Analysis) and what's more, I want the freedom to choose (at a particular time and in a particular market), whether to invest in value, growth, income, recovery or momentum stocks. That's why I'm a DIY-Investor!

I'll wax lyrical about the advantages of combining fundamental & technical analysis in the DIY-Investors One Day Investing Course on Saturday (29th September) and share many winning ideas with you - if you'd like to come, grab the "Last Place Remaining on Picking Winning Shares".

DIY-Investors Portfolios (Transactions)

Portfolio Changes

I've recently made some changes to the actively managed portfolios and so I thought I'd post a mid-month update.

UK Coal

The first change was the sale of UK Coal (UKC) from both the 5 stock and 10 stock actively managed portfolios. I've shown the chart below...

The red arrows, marked on the graph, serve to illustrate the following points:

• The 50 day moving average is in a decline, with the price seemingly unable to break above it (apart from a day or two at the beginning of May).
• The OBV has been moving steadily downwards since the Spring.
• The AD indicators are still registering a downtrend and this is increasing (solid line rising).

Results

The recent UKC H1 results (released Friday 10th August 2012), showed a return to form for the Company (a loss!). Notwithstanding the apparent tangible book value, the news on re-structuring gives little hope for an early resolution or indeed that there will be much left for shareholders. Either way, the likely delay and regulatory approval made me decide that there are better places to invest our funds (albeit virtual funds in this case). The lesson here is clear - don't ignore the Technical Analysis! I sold both holdings at 6.3p

Purchases

I have recently started to become increasingly bullish in my views about the automotive retailers/distributors, as you probably gathered from my recent broadcasts and Blog posts. I have therefore re-invested the proceeds into Pendragon (LSE:PDG) and Vertu Motors (AIM: VTU) - the mystery company that I posed the question about during the TV Broadcast on 7th August. Full details of the purchases will follow in the next internet TV Broadcast on 5th September at 8pm.

Olympic Spin Off for Halfords?

Halfords (LSE: HFD), closed at £2.30 on Friday

Although this in itself is not significant, being a modest 2.4% increase for the day, there is some  interest for us DIY-Investors, starting with the SP graph...

I've numbered the relevant points in orange on the graph, as follows:

1. Double bottom formation
2. Brakout above the 50 day moving average (blue line)
3. OBV breaks out above the downtrend line (marked orange on the OBV indicator)
4. Buy signal on the slow ADX (blue line crosses up through red line), one day after...
5. Buy signal on fast ADX (25th July)

So, is there anything of interest, within the fundamentals, on the Key Metrics?

Yep!

Again, I've marked some of the salient points, as follows:

1. Yield (h) 9.57% - which is higher than the P/E ratio of 6.74 (by about 42%!)
2. Low PSR(pr) being 0.54  (£457.6m/£849.1m)
3. Cashflow per share consistently higher than eps
4. Slightly lower profit margin last FY of 10.41% but still reasonable for a retailer
5. Net Gearing still not excessive (although increased slightly)

Other factors  that should work in Halfords favour

Team GB at the front of the peleton in Mickleham (Olympic Mens Road Race, 28th July)

With the recent success of the Olympic Cycling, there is even more interest in all forms of cycling (road, racing, bmx etc) - which I believe should be good for Halfords.

Similarly, the economic conditions favour DIY car maintenance - which should feed through to higher sales for Halfords.

Recent RNS Announcement (19th July)

There were mixed messages in the RNS on 19th July (see below)...

The resignation of the CEO may leave HFD in limbo until a replacement is found but it could also be the start of the action that turns Halfords around.

Improving weather, successful Olympics and school summer holidays will hopefully bring a change of direction for the bike sales in halfords. We'll just have to wait and see.

Summary

As ever, we have to make up our own minds on this but I like the strong balance sheet, DY above PE and the shareprice graph.

What do you think? Please let me know.

What! - Pendragon Again?

OK, OK - But take a look at this (Pendragon up 8.93% today)!

Pendragon (LSE: PDG) closed today at 15.25p (up 1.25p or 8.93%). So what's got me off my backside to miss tonight's Olympics? Well,have a look for yourselves...

It's this bullish reversal pattern (yellow arrow on graph), with its base on the sloping support line (magenta colour) and the high volume today. In my opinion, this could herald the start of another upward move - following the interim results released on Tuesday 7th August.

It's worth reminding ourselves of the long-term shareprice graph (see below)...

From this, you can see the resistance line, connecting the lower highs, and the lateral breakout that I referred to in my Live TV Broadcast on 7th August. There looks to be a support line developing which, if it remains intact, bodes well for the future of PDG in the DIY-Investors portfolio.

As usual, DYOR and I recommend that this includes you reading the Interim Results and the Analysts Presentation (7th August 2012).

Mick.

DIY-Investors - You're Keeping Me On My Toes!

My thanks to Simon & Mike for getting back to me so quickly, following the DIY-Investors Live TV Broadcast last night. The reason...

I dropped a "Clanger" (albeit a small one) - hopefully proving that I am fallible (and human - or so my Martian friends say). The item in question was the "Pendragon Breakout", wherein I stated that the results were due out on 23rd August 2012 (based on last year's timing - and as carried on Sharescope). This highlights an interesting fact, that Companies lower down the FTSE (and I believe on AIM as well) are not obliged to tell us in advance the date that they intend to release their results. The net effect - I got caught out! Oh well, that'll teach me to not check for announcements, on the day when I'm busy preparing for the TV Show.

So, do the Pendragon Interim Results change my view on anything?

Mike W. pointed me in the direction of a comment, contained within the interims, regarding the cashflow statement. The preamble (page 14 of the interims) stated:

My reading of this...

A slight 'slap on the wrist' by the Financial Reporting Review Panel, which doesn't change the net cash flows (or opening and closing cash positions). In summary, it doesn't change my observations that PDG seems to be turning around (recovering).

My apologies to viewers on behalf of my oversight but I hope you'll agree (particularly if you read the interims) that Pendragon deserves consideration as a recovery stock.

Mick (10.30am, Wednesday 8th August 2012)

Olympic Fever or a Quiet Weekend?

Coming up to this weekend, I've had a difficult decision to make... Olympic Fever or a Quiet Weekend?

We are entrapped (well at least the car is) for the weekend, as Olympic Fever grips Dorking. We're playing host for part of the London 2012 Road Races (men tomorrow and Women on Sunday). The road races include the notorious "zig-zag" road, that snakes up Box Hill, with the men doing 9 circuits of the Box Hill Loop and the women doing two circuits. Both races start and finish on the Mall and are accompanied, for their duration, by overhead (helicopters) and vehicle based security and television crews.

Entering into the spirit of the occasion, we've decided to invite down Jordan (Grand-Son) and to go out to a spot where we can see the Olympic cyclists go past 9 times (twice for the women). The whole area is swarming with visitors, arriving for the event, and there are two noticeable landmarks that have appeared.

The (temporary) Olympic Rings on Box Hill

The Olympic rings are visible for miles around and provide a clear signpost to Box Hill. They look spectacular, when viewed across the rooftops from Dorking (see below)...

Olympic Rings on Box Hill - viewed from Dorking

Fortunately, the other landmark will be permanent - being a sculpture set in the middle of the Pixham Lane roundabout on the A24. This was part funded by our local Mole Valley District Council, with the balance provided by local sponsors.

 "2012 Cycle Race Sculpture" by Heather Burrell 

Well, I hope that you'll understand that I'm going "with the flow" this weekend, so I'll be out there cheering on our lads and lasses, as they go for gold. Come on Cav, Bash on Brad, get nippy Nicole and don't linger Lizzie!

Come on Team GB!

Is Thomas Cook Turning?

Thomas Cook Group (LSE: TCG), closed last night at 16.0p - giving a MCAP of £140m for a Company turning over in excess of £9Billion a year. What caught my attention was the clear breakout from the downtrend (see below)...

In terms of fundamentals, the Sharescope Key Metrics (below), show clearly what has been happening...

From this, you can see that the PSR(h) is only 0.014 (MCAP 140.0m / T.O. £9808m) and the PSR(pr) is 0.015 (MCAP £140.0m / T.O.(pr) £9662m), reflecting it's recent past history.

Surviving the challenges of the recession is the game for Thomas Cook and making money from successful turnarounds is one the great ways for DIY-Investors to beat the markets. So what are the factors that we should take into account in making our decision about whether to invest or not?

Well, from my research this morning, here is the position as I see it:


Technical Analysis

Having suffered a drop from 272p (Spring 2010) to the recent low of 10.2p (22nd November 2011), with a fall of 96.3% in the past 28 months or so (see below), the shares in TCG can truly be said to be "out of favour" with the smart city money.

However, there is a clear breakout from the downtrend, coupled with the following signals which you could argue are the first indications of a change of sentiment (and possible opportunity for us DIY-Investors). The short term graph (below) is very interesting!

From the initial breakout (above the 50 day m.av.), the price drifted back, went sideways but then met resistance from the downtrend line until Tuesday 17th July, when it broke through. It did this very "quietly" with no great volume to announce this to the World. Yesterday, it followed with another tick up, with slightly increased volume (but still nothing to shout about).

However, what sealed it for me was the very slight twitch (up) on the OBV, coupled with the buy signal on the ADX indicators (lower two secondary indicators above). The RSI also started to turn up.

The Debt Problem

TCG have made it clear that lowering debt has been made a priority and the Shareholders Approval (29th May 2012) to "Life Saving Asset Sales", coupled with the appointment of Harriet Green (previously boss at Premier Farnell) as the new CEO to mastermind the recovery (or should it be resuscitation?).

The proposed sale of its Spanish Hotel Chain and a 77% stake in Thomas Cook India, together with proposed sale & leaseback of some aircraft might just be enough to allow the patient to breath.


Summary

There is clearly a lot of risk in investing in TCG but having just re-read Peter Lynch's book "One Up on Wall Street"  during my recent (wet) holiday in Cornwall, I can see potential reward too!

As ever, please "Do Your Own Research" and make up your own mind on this!

Mick.

Webbed Feet!

Like any of you that have been on holiday in the UK for the past fortnight, I have returned home with Webbed Feet! We spent most of the time picking our way through puddles or "squidging" up and down the sodden South-West Coastal Path around Cornwall's Lizard Peninsula!

Just occasionally, the sun popped out through the clouds, to remind us what summer could be like and how picturesque the Cornish coastline is...

Coverack (at low tide)

Our holiday spanned the end of June but I was able to record the DIY-Investors Portfolio Performances, which produced some very interesting results as can be seen in the full report here: DIY-Investors Portfolio Performance (6 months to 30th June 2012)

I'd be interested to hear about your views on whether I'm right to hang on to UK Coal.

British Polythene Industries (BPI, SP=349.5p) - Resuming Uptrend?

BPI closed tonight at 349.5p which, although not in itself a significant rise, does seem to confirm the possible resumption of the uptrend that had been in place from February 2011 to March 2012. BPI has been in a short term (against the trend) drop, indicated by the blue dotted lines on the annotated Sharescope chart (below)...

Note that the OBV has increased significantly this Spring and the Key Metrics (below), show a strong position...

I've underlined some key points, namely:

• Reducing Debt
• Reduction in Net Gearing
• Increasing Profit
• Increasing eps (47.66p in year to 31.12.2011)

The other factor that interests me is the low PSR (0.18), which seems to be low for a Company that has an operating margin consistently 3 to 4% of turnover.
 
As you know, this is one of our Share-Picks for 2012, contained in both the DIY-Investors Passive Portfolios and my Actively Managed Portfolios. It will be interesting to watch BPI's progress over the next few months.

What you think of BPI's prospects?

As usual, my recommendation is to check it out for yourself and make up your own mind as a "DIY-Investor".

Mick.

Mobile Streams - Reversal Signal?

Mobile Streams (AIM: MOS), closed tonight at 25.0p (down 4p - 13.8%). This looks to be a classic Low - high, High - Low reversal and perhaps signals a time to take profits on this young growth Company, current MCAP = £9.1m.

The graph below shows the clear signal...

Since we spotted the breakout on 14th March 2012, when the price was 11.875p, MOS has had a good run - increasing by 13.125p (+110.5%) at the closing price today. However, now seems like a good time to take profits and wait for the next set of results, as I believe the likelihood is that a drift back in the share price is on the cards.

However, with the volatile market and the looming Greek election on Sunday, it would be a brave person that would suggest re-investing before next week!

As ever, DYOR and make up your own mind on Mobile Streams.

Happy Investing - despite the gloomy weather!

Mick.

UK Coal - Start of the Turnaround?

UK Coal (LSE: UKC), closed up 5.5p (+36.8%) today at 20p - giving it an MCAP of £59.7m. This followed the final results released last Friday, which showed a return to profit for the first time in 4 years. So what's going on?

Well, first of all, let's take a look at the long-term shareprice graph...

What is immediately apparent is that UKC is in the doldrums. from the heady days of 625p a share in Spring 1996, it has yo-yo'd over the years, ending down by 98% at its recent (20 year) low of 12.18p (where it opened on 23rd April 2012). Clearly a job for St.George and the Dragon!

Looking at the past 18 months, there weren't many technical analysis clues that a possible turnaround was on the cards (see below)...

The "panic dump" on 14th March 2012, when UKC dropped by 8.25p (-27.97%) to 21.25p was on high volume (8.29m of the 299m shares issued, changing hands that day). This came about as a result of the RNS released that day, which raised the issues of funding and re-structuring.

However, last Friday (27th April 2012) UKC released it's preliminary results for the year ended 31.12.2011 which, despite the RNS in March, showed the following key points:

• Total Group Revenue of £488.2 million (2010: £351.2m)
• Operating profit/(loss) before non-trading exceptional items of £65.2m (2010: £(74.3m))
• Profit/(loss) before tax of £58.0m (2010: £(124.6m))
• Total production of 7.5m tonnes (2010: 7.2m tonnes), in line with expectations
• Average sales price per Gigajoule (£/GJ): £2.48 (2010: £1.97)
• Property sales of £67m achieved slightly ahead of book value
• Group net bank debt reduced to £55m (2010: £141m)
• Total net debt, including generator loan/prepayments reduced from £242m to £139m

 This news was met with somewhat stunned disbelief by the market last Friday (UKC closed up 1.375p (+10.38%) for the day). However, presumably having chewed over the figures over the weekend, the market got going today, as can be seen below...

 Closing up 5.5p, a gain of 36.8% for the day, UKC has certainly livened up an otherwise cool Monday. The ADX indicators (fast & slow) have registered buy signals and the OBV has also turned up nicely.

So what do the Key Metrics look like after the results? See below...

A few points to note here:

1. At the close last Friday, UKC traded with a PE below 1!
2. Even now, its PSR  is only 0.12
3. Its turnover last year was up £137.02m (to £488.22m) - a gain of 39% (even with the shortfall at the Daw Mill Colliery)
4. UKC is trading below its tangible book value (even allowing for all the adverse factors affecting it - pension fund etc).
5. Its net borrowing is significantly down.
6. Its free of most of the low priced contracts and so price per tonne should increase further in the coming year.

Based on the above, you may not be surprised to hear that I've added UKC to both of my actively managed DIY-Portfolios. For those of us that have taken the plunge with UKC, 2012 could be an interesting year!

As usual, the normal caveats apply - DYOR etc.

Mick.

Provexis - Breakout! (PXS): 2.3p

Provexis has broken through a strong downtrend line that has been in place since December 2010 - see Sharescope graph (below)...

With the price closing at 2.3p (17th April 2012), a clear breakout is evident!

Looking into this, it seems as though this Company is really staring to get its act together, as witnessed by the recent newsflow:

• Pre-Close Statement (30th March 2012)
• Science in Sport Update (12th March 2012)
• Fruitflow Update (14th February 2012)

See also the "Product News" on the Provexis - Company Website

Looking at the newsflow, the interest in cycling in this (Olympic) year, the TA (rising OBV, RSI etc) - I can't help wondering if PXS is starting a recovery in the share price could bring rewards for us DIY-Investors?

Usual caveats about DYOR etc...

DIY-Investors Meetup Group (Tuesday 24th April, 2012)

On Tuesday 24th April, the DIY-Investors Meetup Group are getting together at The Lincoln Arms, Dorking (7pm). Full details of the event are HERE.

Why not come along and listen to Mick Pavey, who will be talking about combining Fundamental & Technical Analysis to Pick Winning Shares.



Among the Companies being covered, in the presentation, are:

• Shaft Sinkers (SHFT)
• Dixons Retail (DXNS)
• Premier Foods (PFD)
• JJB Sports (JJB)
• Coastal Energy (CEO)

There will be ample opportunity to quiz Mick about his methods and to network/socialise with fellow DIY-Investors, so please come and Join Us .

DIY-Investors Live Internet TV Broadcast - TODAY (8pm)

DIY-Investors TV Broadcast

We would like to remind you that we will be broadcasting a Live Internet TV Show TODAY (Tuesday 3rd April 2012) at 8pm.

Topics will include:

DIY-Investors Portfolios (3 months to 31st March)
Analysis of Game Group's demise
Discussion of DIY-Investors recent sharepicks, including; Shaft Sinkers (SHFT), Mobile Streams (MOS), Real Good Food Group (RGD) and STV Group (STVG)

Mick Pavey will be hosting the broadcast, which can be found on this LINK.

Mobile Streams - Breakout (11.875p)

Mobile Streams, the Company that sells 'apps' (mobile phone applications), closed up 25% (at 11.875p) today. The long-term SP graph shows a downtrend, since the high of 36.75p (18th March 2011) - see the graph below...

Looking at the shorter term graph, this is even clearer (see below)...

You'll note that the ADX has given a buy signal today and that the OBV has kicked up too. So what about the fundamentals?

Looking at the Sharescope key metrics (below) is interesting!

The first thing to note is that the key metrics (along with the newsflow - particularly the half year results) indicates that the Company is growing quickly. Secondly, the PSR is well below 1 (see the turnover figures above, compared to the MCAP). This gives opportunity for us DIY-Investors in my opinion.

The price action since the start of the year, shows the clear breakout that seems to have taken place...

Here you can see the clear kick up in the OBV & RSI, together with the buy signals on both the fast and slow ADX indicators. You can also see that the price has broken significantly up through the 50 day moving average (blue line) on high volume.

As always, DYOR and make up your own mind!

DIY - Investors: Live TV Broadcast

Tonight we will be broadcasting a Live Internet TV Programme at 8pm (GMT).

Please join us by using this link!

Please pass this on to any of your family, friends and colleagues who are interested in managing their own investments.

DCD Media - Is this a buy opportunity?

For those that feel they missed the boat with DCD, due to the large rise recently, you may wish to take another look at the possible buy opportunity (see graph below)...

What DCD is displaying, is a classic flag, which in technical analysis is a continuation pattern. You might like to think of it pausing for breath!

Please DYOR and in particular, check out the recent newsflow - IMO, the fundamentals and TA are both in favour of continued growth in the shareprice, as DCD gets a positive re-rating.

Mick.

DIY-Investors meetup - February 28th

Want to find out more about "3 Easy Ways to Pick Winning Shares"?

DIY-Investors are hosting a Meetup Group on Tuesday 28th February 2012 at 7pm in Dorking, Surrey. For full details, check out the video here.

We look forward to seeing you there!

Mick.

Kenmare Resources (KMR) - Golden Cross + Volume

I've been following Kenmare Resources (SP=51.5p at close on 09/02/2012) for a while and noticed today that it looks as if we have a 'Golden Cross' forming, reinforced by strong volume. See Sharescope graphs below...

The situation is a bit clearer if we take a closer look at what's been happening since the last breakout...

Recent news about the increasing chinese demand (and price) for ilmenite and rutile can only be good for Kenmare (as well as for Sierra Rutile [SRX]).

Overall, the technicals look good (Rising OBV, Golden Cross + volume & ADX), as do the growth prospects. My only concern is that I would like to be seeing a slightly more modest PSR. However, the next set of results could well show a significant growth in turnover, as a result of the combined increased output and increased price. This could reduce the PSR significantly.

Let me know what you think...

Styles & Wood - Double Bottom & Recovery (SP=9.25p)

I've been watching STY for over 18 months now and, along with several DIY-Investors, have been surprised by the lack of interest in this small Company that specialises in the fit out sector of the construction industry.

The general shape of the SP graph has been mixed (see below)...

What I have found encouraging is the continued strength of the OBV + the good fundamental case for holding STY. The last RNS (14th November 2011) gave support for the case to hold STY, so what about the shorter term TA picture?

Lets take a look at the past 6 months...

The immediate thing that strikes me is the obvious double-bottom occuring in the last 3 months of 2011. The price action at the end of December was also a clear breakout from the downtrend of the previous few months (marked by the downward sloping blue line). This coupled with the rising OBV and in the past few weeks the clear uptrend in the 50 day moving average (currently supporting the SP), is shouting "buy" to me. I also note that there was a buy signal on both ADX indicators on 22nd December, prior to the last upleg.

Even more strange is the likelihood that with a MCAP (today) of £5.7m, we might find that, when the full year results come out, the net cash within the Company exceeds this figure!

As ever, check this out for yourself and come to your own conclusions!

As for me, I'm content to hold what I have and will look to add more in the next few days.

I'd be interested to hear your views...

Regards, Mick.