As I get Kcom emails , the recent trading update , having read it myself is nothing less than positive . Whilst I admit I am sitting on a paper loss of about £ 4.5k in the last couple of days I really am not worried ( and trust me I am not a ramper )Everything I read was positive , preferred provider for government contract ( to be confirmed) and 11% increase in interim div.All the rest was good -buys were 3.75 X sells today
Third quarter update due Tuesday it will be good to see the progress being made and will give an idea for the full year and wether the share valuation can be increased again. Let's hope for positive news and future progress - no complaints so far this year.
140 trades on an average day equates to about 210--300 k shares changing hands . On this basis I may only be guessing , but someone aquired 1 million + shares. 14 times as many were bought rather than sold so if that is not a sign of happy times ahead I do not know what is. Unusual trading patterns ( buys) seem to be followed shortly after by a nice rise. Best guess for Christmas --I will plump for 99.1 p . What do you think ?
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