ftse 100 stock recommendation 1st march buy hammerson

7/31/2019 FTSE 100 Stock Recommendation 1st March Buy Hammerson

1/4

Authorised and regulatedby the FSA

FTSE 100 stockrecommendation

Buy Hammerson

Fundamental

Technical

1st March 2011

Buy Hammerson

Research by Mark Ridgway & Mark Sturdy

Seven Days Ahead+44 (0) 7849 922573

See disclaimer page 5


2/4

Buy Hammerson

Fundamental

Technical

2007 M A M J J A S O N D 2 008 M A M J J A S O N D 2009 M A M J J A S O N D 2010 M A M J J A S O N D 2011 M A M

100000200000

300000

400000

500000

200

250

300

350

400

450

500

550

600

650

700

750

800

850

900

950

1000

1050

1100

1150

1200

23.6%

38.2%

.. . .

HAMMERSON

Buy Hammerson @ 460.30 (close 1st). Stop @ 425

WEEKLY ChartThe market is recovering from amassive sell off from the Highs inearly 2007/

Note well the resistance that wasoffered by the Fibonacci resistance at451.

The market has finally brokenthrough that.

Moreover there may a completedHead and Shoulders continuationpattern in place ... Look closer.

DAILY Bar chart

The detailed daily chart shows thatthe market is on the point ofbreaking up through the Prior HighPivot at 446.40.

Driven as we can see by successivenested Head and Shouldersreversals...

Note well how the necklines of eachhas been good support on pull-backs...

Stops at 425.


Stop @ 699

Neckline

Triangle

Stop @5502

e

r N o v em b er D e ce m be r 2 01 0 F eb ru ar y M ar ch A pr il M ay J u ne J u ly A ug us t S ep te m be r O c to be r N ov e m be r D ec e mb er 2 01 1 F e br ua ry Ma rc h

50000

320

325

330

335

340

345

350

355

360

365

370

375

380

385

390

395

400

405

410

415

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425

430

435

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445

450

455

460

465

470

475

480

.. . .

High 446.40

Neckline 1

Neckline 2

HAMMERSON

Stop


3/4

Buy Hammerson

Fundamental

Technical

Authorised and regulatedby the FSA

FUNDAMENTALS: Hammerson plc is a well diversified property investment company across all

sectors of commercial property sector. While primarily focused on the UKproperty, it also has investments in mainland Europe mainly in France and

Germany.

This sector has and continues to perform very well both in absolute andrelative terms versus the FTSE.

The main economic fundamentals especially in the UK remain positive forHammerson. The UK has returned to modest growth following the mostserious recession it has suffered in many decades. And while inflation is onthe increase it is nothing like the levels seen in previous cycles.

There is strong demand for UK property especially from international investors

who view UK property as a relative safe haven especially in these turbulenttimes. International investors are also interested in investing in UK as a playon the Pound Sterling which is still in a good recovery phase after fallingsharply in 2007/ 2008.

Hammerson, with a decent yield of 3.47% and strong financial data, is acompany which is likely to continue to benefit from the current positiveenvironment for the UK commercial property sector.


Buy Hammerson @ 460.30 (close 1st). Stop @ 425


4/4

Buy Hammerson

Fundamental

Technical

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The material and information herein is general and for informational purposes only. Although

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ftse 100 stock recommendation 1st march buy hammerson

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