Today E.ON published an ad-hoc-release regarding impairments charges in Italy, Spain and France. Since E.ON conducted its last comprehensive valuations in late 2009, it believes the market environment in Italy, Spain, and France has deteriorated due to the negative impact of the financial and economic crisis. The development of electricity and commodity prices is in some cases leading to significantly lower margins and capacity utilisation. As a result, the expected contributions to EBIT by these markets have deteriorated in the medium to long-term. Consequently, E.ON sees the need to record an impairment charge of around ⬠1.1 billion on goodwill and around ⬠1.5 billion on other assets, mainly in connection with the activities in Italy, Spain and France acquired from Enel/Acciona and Endesa. The impairments reduce the Groupâs net income. There is no impact on Adjusted EBIT and adjusted Group net income (assessment basis for dividend payments). The impairments are also not cash effective.
Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) today reported results for the third quarter and first nine months of 2010. Net income for the quarter was EUR 1.1 billion excluding the charge of EUR 2.3 billion relating to Deutsche Bankâs stake in Postbank and the related mandatory exchangeable bond...
I am short again, bigger than usual. Last time. Just give me this 30% fall and I am out I will load decent size before second leg if eventuates. Then throw in a party ! back to sleep.
Party is a good keyword. we are partying here, too. If someone - like us - can rely on simple chart pattern recognition that shows you intraday charts repeatedly occuring in the last 15 years, you have simply to laugh. We have 94 % congruence with other intrday charts over the last 15 years - we can tell you exactly day, month and year. Crazy world...or shall I say "systematically random" world ? Hum, chart recognition tell us it´s going to be a down day. But hey, we are open for surprises...
No surprises here. Gentlemen, I have to announce that I will not have the time anymore to update this thread. Soon, our "boutique institution" is reaching AUM levels that do not allow anymore public and "anonymous" appearances on public trading forums. So far, it was always fun and I hope I have not "bored" our members with my postings. From time to time, I will pass by and say "Hello". Good luck trading ASusilovic
I've arrived from rainy Madrid to get this sour message ... Congratulations to the next level AUM and good luck to you too! I've enjoyed your posts and many times you've brought light into my own strategies so thanks for that. Obviosuly, you're welcome to your own channel, .
came back to say thanks for couple of clarifications regarding trading which enhanced my initial bet size ability (bet more lose less if trade turns bad). No party for me yet for increasing size but, no doubt, will be soon
Good luck ASusilovic! I have learned a lot reading this topic. Especially your hedging techniques helped a lot! Many thanks! Y