Category: Slow Trader Hedge Fund

As promised, the next buy signal on Cranware PLC. Consideration about the market as a whole and that Craneware have indicated that their next results will be below market analysts expectations, we should not expect the excellent growth from Cranware that we have seen over the last few months. I will be increasing my position again with CRW. They could drop a little further and usually have been slow to move. However, a buy at about £5.99 or below would be good. We must consider that Cranware is at an all time high, getting above this ceiling is often trying but if it goes above that could be good. Remember also that CRW have, in late 2011 and early 2012, a history of sharp volatility downwards. I would therefore, tempting as it is, still keep your investment light.

I have no buy signals at the moment. Most of my shares are either peeking or are in the process of correcting down slightly. Personally I have taken profits on many of my long term shares. I now have only a small part of my equity invested and that is balanced with shares that I am selling short. I don’t blog about the short sells as that is trading and usually happens too quickly, or not at all, for a blog.

I will post buys as soon as I get any signals. I expect the market to correct downwards by 5 to 10 percent soon.

Aggreko plc provides power and temperature control solutions to customers who need them either very quickly, or for a short or indeterminate length of time.

For a more detailed review see our post of 25th October 2013. Aggreko is rated as a hold by many analysts. Moreover, currency changes have influenced Aggreko’s share price.

At £16 or less AGK are showing a buy signal. The upside could be good, however, we are against the trend so invest lightly at this stage.

Global market for Wound Debridement Products is projected to exceed US$1.0 billion by 2020, driven by growing incidence of chronic wounds and increasing need to reduce patient hospital stays.

A major player in the market includes Advanced Medical Solutions Group plc.

A buy signal is now showing for AMS at £1.14 or less.

This British industrial company has established leading market share in valve actuators – devices fitted to valves to control the flow of fluid and gas. Rotork grew through the 2009 downturn when most industrial companies were seeing significant pressure in their business.

There’s nothing flashy about the valve actuator business, but Rotork has established itself as a force with strong product development based on understanding its customers’ needs.

Rotok are close to value but the recent drop makes them attractive again at about £25 or less.

The opportunity still remains to buy Globo at about 0.55p: a telecom software products company.

Globo said that it achieved a strong financial performance for 2013, ahead of market expectations. And profits will be in line with market expectations.

Looking ahead for 2014, the company said that “current year trading has started very strongly”. Globo says that “as IT budgets from customers build and ‘bring your own device’ and mobile apps needs increase further, Globo will have the opportunity to deliver another year of excellent growth and market penetration”.

This has been a successful share over the last few months. I sold later today. I feel this share could fall with people now taking profits. The share remains a strong favourite and is only a ‘trading’ sell, investors should hold. I will post again when another buy opportunity arises.

Here’s a long term historical chart. I love to look at this stuff. If someone bought at the top of the Great Depression in 1929 it would have taken until my birthday in 1956 to break even!

Aveva share price continues down and, therefore, did not take my last buy request at just above £21. As the price has now moved below its previous low on 18th December, I have cancelled this buy. I will watch from the sidelines for the time being on AVV.

Whatever your style of investing or trading you would like to choose companies that are great and have a habit of growing.

We look for such companies. They are hard to find. Over the last few years many companies have grown rather well. Some of these companies have probably grown where they didn’t justify to do so. We like to put our money behind companies that are 10-years old or more with wonderful growth and at a big price discount.

We do not try to second guess the world economy. Because this is difficult to do. However, it is also hard to ignore Harry S Dent and Larry Williams, both of which I have followed for some 15 years. Dent looks at demographics and debt and Williams looks at indicators. Both are saying similar things for 2014.

I like it to taking a convoy of cars from Ambleside, in the Lake District, over Wrynose and Hard Knot pass. The cars represent companies. In 2009 you left Ambleside and went up Wrynose. On the way some cars had clutch issues and some had brake problems!

Many continued up. The sharp twists and turns of the road represented the share chart. It was exciting at times, but always up. For many of us we reached the top of Wrynoss, in late 2013. Lovely. To get out of the wind, in January 2014, we went over the top and stopped for a cup of tea. That is where we are now.

Williams, says we will walk back up to the top to take in the views. Both Dent and Williams say that at some point we will run back down to the cars and complete the journey down the other side. A few may have brake problems!

You are not the driver but a passenger. You feel committed but you can get out – sometimes easier said than done when you are already coming down the other side. Particularly if you’re blindfolded and unsure of the road ahead!

I’m not a financial advisor, nor do I want to be – see disclaimer. When I post a company that is when I look to buy or sell. I usually place a buy ahead of the share price so if the share continues up it will catch my buy, hopefully close to what I wanted. If the share goes down or flattens then my buy won’t be taken. I then rethink and probably reset my buy position. So, when I post a buy or sell on the blog it is not the complete picture, it is more involved than that. But as an investor the difference is usually minor.

I will soon be introducing US shares to the blog. This gives us more scope to find great companies and, of course, some US shares are household names in the UK.

I hope my 2014 analogy helps.

Could be a good time to take another “slice” of DOM. As we know the share has taken a fall over the last few months, not helped by the announcement of a change of Chief Financial and then Chief Executive Officer. However, the share price has risen nicely since then and now, after taking a small dip (possibly profit taking), the share price seems on the way up again. Not all my indicators point at a buy so I would only take a small bite at this stage.

Last week, Globo’s full-year trading update said they had achieved a strong financial performance for 2013, ahead of market expectations.

The telecom software products and services says revenues were up significantly boosted by growing sales of its GO!Enterprise development platform.

Globo said that it had seen continued demand for its consumer and enterprise products, buoyed by the growth of the bring-your-own-device trend in businesses.

The company said it is focused on expanding in Western Europe and the US via organic growth and acquisitions. Globo will make investment in sales and marketing to grow its customer base, and said it will focus on direct sales to end users towards the end of 2014.

Globo said that its current year trading had begun strongly, and expressed confidence that it will see another year of growth and market penetration as the bring-your-own-device trend continues.

The share has not moved much from my last post, 6th November 2013. If you missed that buy then this could be a good time.

We said be ready to buy, or top-up, RMV. We bought some more today at £25.24.