Still going up?
Another good week. – The portfolio is up altogether by about 5% this week. Strangely some of the shares I expected most from have failed to perform and others are doing rather better.
Bezant (BZT). Seems to have been a little selling going on this week despite the large director buys. – Now showing a 8.5% loss on this share. I bought too early and should have taken more care to avoid the predictable retrace. – Buyers will be back shortly and this will tick up again in the wait for news. Plenty of scope for more gains this year with with the Eureka project with talk of special dividends helping to push things along.
GB Group, (GBG). Showing a 7% gain. Big buys still coming in this week with two big buggers coming in yesterday worth nearly a million quid. This has come not long after GB announced that it’s preparing to assist the armed forces, state lotteries and online gaming sites with it’s new age and identity verification system – Consent ID – Lot’s of potential new business here. Profit are also expected to rise this year. – I can’t see this dropping back.
CML Microsystems (CML) – Up 6% since last week. Plenty of orders, new products and more cash than last year. Keeping this one a little longer.
Source Bioscience (SBS) – Showing a 5% gain. Another promising share. Two significant director buys this week, SBS are making good profit from providing medical solutions for health care providers inc the NHS. They look to be turning a corner, sales are on the up and they have made a small pretax profit over the last couple of years. – I may buy some more…
Dominos Pizza (DOM) – DOM seems to be bouncing a bit today perhaps dropping back slightly after the recent high. looking at the chart now. – I just sold for a good 12% profit. Could be worth watching out for the next low. – They did open 62 new restaurants over the last year!
Tesco (TSCO) – Shown a constant, albeit slow rise over the last week. I still think this was oversold and will settle a little higher. – Holding for now.
Coastal Energy (CEO) – Have dropped back slightly but still showing a good 18% profit. No change in my position since last update.
KBC Advanced Technologies (KBC) provide consulting and software. Potential bid target. show strong growth in line with previous expectations. – With Similar growth predictions for 2012 I can’t see why this will not just keep going up
Please don’t take any of my comments as advice – This is simply my trading diary and a means for me to justify my trades… I am always keen to hear your thoughts – Use the comments system or email me at websitemail AT dailytrading.co.uk
DT
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