Is Flybe Revving Up for Take Off?

Flybe (FLYB), Closed at 61.0p Today (29th July 2013)

Flybe has been typical of many Post-IPO fallers, as described in “Picking Winning Shares” (Page 45, sect. 6.7). However, as the graph below shows, it now seems to be holding above both the 50 & 200 day moving averages, as well as having broken out from the downtrend

What do you think about the prospects for Flybe over the next few months?

The Answer Looks Like... "YES"

The Question Was "Premier Foods - Any Icing Left?"

In a recent Inner Circle Post (11th July 2013), I asked the above question about Premier Foods. At the time, the PFD share price (SP) was 66.75p. Although the SP has since nudged gently upwards, this mornings Interim Results from Premier Foods should see a re-rating that could be good news for us DIY-Investors who took the plunge.

PFD have helpfully produced a factsheet, which you will find HERE.

The key message coming out of these results is that "FY 2013 Trading Profit expected to be around top end of market expectations", coupled with thefact that "underlying business Trading Profit up 50.2% to £47.4m".

Technical Analysis

The chart, at close of play yesterday, looked like this...

I have annotated what I consider to be the key points (on the graph above) but from the early price action this morning, it seems apparent that the market likes the results.

What do you think of the prospects for PFD over the next 12 months?

Will Findel Break Through Resistance?

Findel (FDL), closed tonight at £1.845, giving a MCAP of £158.6m.

For several months it has failed to break through a ceiling at about 186p but the chart pattern is starting to look more promising (see below):

Positive Technical Analysis includes:

• Upward sloping 200 day moving average
• 50 day m.a. found support off of the 200 day m.a.
• Rising OBV
• Strong RSI
• Positive uptrend showing on the ADX
• Increase in the average volume in recent weeks

Findel - Key Metrics

The Sharescope key metrics are shown below (annotations are mine)...

As you can see, the PSR remains low (0.32) and there are encouraging positive trending figures in turnover, profit and cash flow per share (all underlined in red). The PEG ratio (0.80) is also reflecting the growing eps!

In my opinion, FDL could well make a move (upwards) before too much longer. What do you think?

Usual caveats DYOR etc.

Mick.