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I'm out. After stupidly buying back in yesterday 15500 shares as they looked like they were going in the right direction AND HAD 66 % BUYS VERSUS SALES. Within 30 minutes MM were taking the price down. Sold this morning at a loss of around a grand with the knowledge I will never buy shares again. MM Manipulation of the Market. With the share price and manipulation it looks to me like those ****ers want it all. Devious underhand tactics employed by a bunch of ****s. Well **** you mm's i'm taking whats left of my investment and i'm not playing with you ******s again !! Good luck everyone else you will need it with those ****s
much that the MM,s may well have sold stock they had on their books from 135p. Proceeds of the mm's yanking down the SP to suit their own ends regardless of that there were more buying of the shares than selling.
And re the Scottish wind farm extension, they can't build it!! There is no RO post March 2016 and that's too soon to build it. So probably valueless in truth. I still think Infinis is cheap but your comments are for items that have no value.
There is one large institutional seller of Infinis and of course there is also the Terra overhang. The project finance mkt is inaccessible for wind projects and Infinis doesn't have enough equity to build on balance sheet then there is their £350m loan where the covenants are tight on LFG EBITDA. So all of this taken together with the lack of dividend clarity after the LEC hit its unsurprising its not going up right now!! The MM may well have sold stock they had on their books from 135p so looking at the buys and sells doesn't give a clear picture. It'll continue very volatile pro tem.
84 % buys versus 16 % sales and the Share price dropped by 4. MM's you really are a bunch of ****s
mm's haul down the SP yet again. All this in spite of all the recent news and information, such as todays news of the South Scotland site, a couple of days ago was the 2 Northumberland, (DoctorShares), & the Yorkshire sites. Plus of course the info regarding Newton Investment purchase of 371,000 shares yesterday and not forgetting the Scottish Power article regarding the increased winds that obviously increase the amount of MegaWatts. Even Terra Firma often buy more than they sell. Yet the mm's keep hauling the SP down. It is happening to other shares across the board, and as far as I can determine from the LSExchange rules, is totally illegal unfair conduct by the mm's supporting the shorters and not representing factual events. Time the FCA lost their fear and tackled this blatantly unfair abuse of the market.
Is this just a tactic to force anyone who buys into Infinis to sell at a loss. After all anyone newly investing will not want to see the SP fall immediately. Its all well n good buying into a decent dividend but if your SP immediatley falls by more than a potential dividend in 6 months what good is that. MM'S are treating new investors with contempt
South Scotland . . . . . . Ministers agree to extension of Glenkerie wind farm . . . . . http://www.bbc.co.uk/news/uk-scotland-south-scotland-33704387. Ihr ago but hasn't affected the SP. Seems mm's only to fiddle the SP down. Who else can they blame but themselves?
Just trying to understand this as once again something is happening. We have 80 % buys versus 20 % sells but the SP is falling. Is this MM Manipulation to ensure potential shorters are worse off as soon as they invest? Thanks.
anyone know why has the SP just fallen when there is twice as many buys as sells ?
Agreed, and what's more they do it by first of all fiddling around with the Spread then arranging the SP to suit the shorters. (They consider more liquidity will prevail by accommodating the shorters). AIMO. However, as a pi over 18 yrs I invested up to £250k and struggled to make a small profit. Fed up with the rampant shorting, sadly (or so I thought at the time), I sold out earlier this year still with only a very small profit to show for all those years. Invested the bulk in property, (thank goodness). Now invest only a small amount in shares but still make a small profit. So mm's fuddling around with the SP's have lost them the liquidity of my cash that's for sure. IMO FCA are at a loss as what to do about shorting, even where it is illegal, fearing it would crash the market as shorting is so rampant. Meaning 'Shorting' will digest, (Financial Cannibalism?), or deter most eventually, (along with most of the shorters).
seems MM's setup small investors for failure. An attractive dividend lured in investors then MM,s manipulated the share price with massive drops in SP despite there being more sells than buys,
I have no idea what you are talking about? If you mean you sold some shares at 160p then jolly well done and sort of so what!!
Well 25 years as a fund manager taught me a decent amount re the behaviour of market makers!! All I'm trying to explain is the reason for Infinis being 137p. In truth I couldn't give two hoots about a few p here and there. I can assess that when I trade. I'm more interested in intrinsic value v share price and this was at quite a nice discount and still is.
As usual you tend to miss the point and put your own in place. mm's make the market price and what is cheating and an abuse of the market is the mm's hauling down, (or pumping up), many a SP in direct contrast to the buys ans sells of that SP. Needs investigating .by the LSEx and the FCA as its their rules that are being abused. AIMO.
Look really there is no conspiracy or market abuse here! Infinis was overpriced when it IPO'd - was on around 9x EBITDA when obviously landfill isn't worth that much - and the yield seduced everyone in. Then the mkt worked out the valuation and it fell to 190-200p. Then the Tories stuffed the generous RO and the shares are down at 139p. It's really not rocket science. I think the equity's NPV might be around 200p so I've bought some more today having paid 160p and 145p originally. But it really isn't hard to see why it's fallen!!
Agree it is not the first time by far. Drax in the same boat regarding circumstances but they lose 0.86% while Infinis lose a whopping 9.26% when there were also almost twice as many buys as sells.
To loose 43percent of its value in the last 12 months especially 30 percent of its share price since dividend day, someone needs to give the reason or an valid explanation from the CEO, as someone is responsible and if this from manipulation then the FCA should get involved
another episode of sheer Market Abuse for them to investigate. Almost 10% SP drop via 271 trades of Infines shares of which 121,387 were sells yet 203,402 were buys.
moronic misdoings springs to mind. Almost 10% SP drop over 271 trades of which 121,387 were sells yet 203,402 were buys. Redo: What is your description?
manipulation: Just shows mm's are able to manipulate at will, and . . . . . . . the FCA . . . . . lost in confusion. A IMO.
http://www.bridlingtonfreepress.co.uk/news/local/funding-to-benefit-community-projects-1-7374254 Scott Mackenzie, Infinis’ Head of Operations, said: “It’s great to see such a broad range of organisations benefitting from the Lissett Wind Farm Community Benefit Fund. The current economic climate has resulted in many community groups struggling to access grant funding which makes locally managed funds like this all the more valuable to the area. We are delighted the fund is making a real difference to the communities neighbouring the wind farm.”
http://www.morpethherald.co.uk/news/local-news/work-to-start-on-windfarm-schemes-for-13-turbines-1-7377221 The construction of 13, 126-metre-high turbines is due to start at the end of the month, as part of two neighbouring windfarm schemes. Infinis Energy PLC is behind the four-windmill Sisters development to the west of Widdrington, as well as a recently-acquired project for nine turbines at Maiden’s Hall and Steadsburn. The latter was recently purchased by the company from Peel Energy. It has been renamed from Blue Sky Forest to North Steads Wind Farm following a request from the community, Infinis says. The firm is holding a Meet the Construction Team Drop-in session at Widdrington Village Women’s Institute Hall on Wednesday from 4pm to 7pm. It will be an opportunity for residents to come along and speak to members of the Infinis team and the principal contractors and find out more about the construction timetable and build process. Infinis’ construction manager Richard Buckland said: “This is an exciting time for Infinis and we hope that local people will take this opportunity to come along and find out more about the construction plans for both Sisters and our newly-acquired North Steads Wind Farm. We recognise the importance of keeping the community informed about the activity at both sites. “Going forward, we will be holding regular community liaison group meetings to keep everyone up to date and discuss any queries people may have as construction moves forward.”"Infinis’ construction manager Richard Buckland said: “This is an exciting time for Infinis and we hope that local people will take this opportunity to come along and find out more about the construction plans for both Sisters and our newly-acquired North Steads Wind Farm. “We recognise the importance of keeping the community informed about the activity at both sites."
Does anyone know why we are having another bad day..... is it the mm's again. There should be some upside but perhaps I'm expecting too much too some. Anyone any thoughts?
Yes, good reading, but as I have said before, this is a long bumpy road, but I'll stay on it for a few months. The old CEO did a good job, but maybe change is needed and the new one has the right credentials, so we shall see. Fate is in the hands of Terra Firma, and the MMs.... for the moment hang in there not letting my shares go for such a low price for someone else to benefit from...