London Stock Exchange - Buy?

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What are people's thoughts around the LSE? Have taken a hammering in recent months but good value now?
 
Bottom pickers get smelly fingers. :)

Personally, I'd wait for a retrace to occur before considering jumping on. Some sort of confirmation of an upward movement.
 
What are people's thoughts around the LSE? Have taken a hammering in recent months but good value now?

It's p***ing about in a 10 pt range and unlikely to do anything exciting in the immediate future. Wait until it tells you something.
 
Thanks for the replies chaps. Will perhaps window shop on that one for now. Have got icap already and hoping the volatility will push the price up a little come earnings announcements.
 
You seem to be onto something.....

Thanks for the replies chaps. Will perhaps window shop on that one for now. Have got icap already and hoping the volatility will push the price up a little come earnings announcements.

LSE - it's hard to see an explosive driver given the tight ownership structure - unless one of the oil boys want to take it private........ ??? Why no mention of it when it had made 52L ?? Some of the magic has gone ........:LOL:


Deutsche Boerse is a really interesting pick tho..... but yu gotta buy it when the world is fallin' in ........ideally under Euro 100. ...... Now Euro 104.46 ....and poised to move fast.... Good Shout Mr X ...... I'd forgotten abut them.


The smart boys (hedgies) like Deutsche Boerse ... atticus/tci :cheesy:

Incidentally, Nyse Euronext made 52L in the last 2wks or so ... exchanges are interesting "utilities"......
 
LSE now much more interesting as it recently made 52L and Ftse on fire...

£10.26 =52L and now approaching £11
 
I have these on my watchlist.

Technically, there's support at round number £10. There's a gap between £9 and £10 which may be filled. Failing that there's extensive support between £6-£6.40.

Fundamentally, forecast eps is 70p giving a highish p/er of 15x. Market cap to sales is almost 6x which may be unsustainable in the long term.
 
Hi fibo

I have these on my watchlist.

Technically, there's support at round number £10. There's a gap between £9 and £10 which may be filled. Failing that there's extensive support between £6-£6.40.

Fundamentally, forecast eps is 70p giving a highish p/er of 15x. Market cap to sales is almost 6x which may be unsustainable in the long term.

Whenever a pr0minent stock like this one reaches 52L I get all excited - because the countdown to big wave recovery begins........:cheesy:

£10 is nice cos its also "~half of the all time highs" [signficant 4 Gann]... as you'll know... plus round number, plus prev sppt........ but thanks for the gap at 9-10 too.........

NB: I mentioned Nyse made 52L in the early April post and it move ~ $55 low to ~ $77 (+40%) the magic of 52 but you gotta be a bit of a geek to track em :cheesy:

That means with all the negativity around AIG this is mega interesting....... insurance, like the "sin industry", has not been abolished ...and will continue to thrive despite short term woes........ If I'm wrong then you gotta worry about Berkshire Hath.... Yep I'm also a Yanited fan....
 
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Hi HS

Cheers for the heads up on the square of 52. I often apply the 25%, 50% and 75% Gann Levels to price charts but not the esoteric stuff :LOL:
 
should have gone 2 specsavers.....

Cheers for the heads up on the square of 52. I often apply the 25%, 50% and 75% Gann Levels to price charts but not the esoteric stuff :LOL:

i probly said/meant magic of 52 ..........or big name, bombed out stox usually come back - in this case.
First they stop appearing on the 52L list .....then.........
 
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