Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
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He probably wants to buy back under 50p
Wilsons exercise and sale of all his options (not just those to cover the tax) announced after the close yesterday was a pretty good indication of what was going to be in the update.
It seems odd that it is allowed even although it is only 1% of his holdings.
Well that update was disappointing, though not entirely unexpected. Still grounds for optimism here but maybe more mid/long term rather than short.
Still lots of activity in this share
Feels like someone's building a position, reckon another rns forthcoming.
Feel like more RNSs are coming
Nice
Another huge buy of 850,000 shares by CEO Alan Simpson at 68.99p. Also 300,000 sold by a PDMR.
Good luck, I don't think it will go that low again. I expect more RNSs coming in the new few days, volume has gone up massively with some very big buys.
I was tempted to buy in yesterday but resisted it. If it drops significantly lower I will buy in, I’ve been watching it since it was 48p, maybe I have missed my opportunity but in my opinion this stock seems quite volatile. I will wait and see what happens.
Woof. This is going well
Feels like it's all moving in the right direction at the moment
88-93p is my target, in at 52.5p will add more at 52 or 57 close. 70p within 1-2 months. fundamentals/technicals
Hi all,
I’m new to this share. Can anyone explain how two of the board CEO / Operating Officer got their shares? I see that there’s been significant share issuance in the last couple of years, is that for them or was there a fund raise?
This is one of my favourite shares at the moment. Seems cheap, have the intrinsic value closer to £1
I ended up biting at 44p a few weeks back, so far so good....., i'll probably buy more around that price if/when it falls again.
Always a bit worrying with these small cap companies when the Directors don’t buy any shares with all time lows. It has been a while since any of them bought, 43.70p to buy now. I will wait for the 30’s. Which is probably what they are doing!
I have traded this share once or twice and waiting for an entry point for a medium term hold. Brickability should stick to what they know, selling and manufacturing bricks. Cladding is a poison chalice, it is one thing dabbling with it on a distribution basis but getting involved with contracting is bonkers. The Cladding Contracting industry is awash with failures, DYR, I will wait for 40p.
Glad I did not actually buy yesterday. There is nothing wrong with this co's bolt-on, except that one must be very careful about expanding into a falling market. Stays on my Watchlist.
The news this morning regarding current trading demonstrates that the BoD are getting on with things and making progress despite the economic position being against them somewhat. Their statements are clear and upfront. They sound like a sensible and pragmatic bunch. There's not a lot they can do about external factors, so what is important is that they are performing well within the given parameters and building a strong, well controlled business in the meantime.
I was waiting for a notification on bolt on acquisitions - which I see as one of the major positives with this company - and it is good to learn that they have identified and concluded the deal on what looks like a strong addition. I particularly like the fact that it looks relatively simple to integrate into their existing business and has a strong, profitable position in a sector where there is an immediate and sizeable market. Option to pay for deferred consideration in shares makes a lot of sense too.
You are right, Likeit, I have made cash available in my ISA and am surfing about. I came to this after reading Michelmarsh Brick. These are a bigger outfit and do look well run. offer a decent well covered dividend so why not invest?
Well, they seem cheap at 47.50 but in this market could go even cheaper (could be said of practically all right now!) And then there is our winter, which usually means less building work. Finally (probably not), there's the political timetable. So I may just add them to my Watchlist for now, but certainly of interest.
Board has issued a cautious statement ahead of AGM. August was understandably quiet but the fear is this will continue to be the case relatively speaking for Sep and Oct. This will test whether they are as diverse in their product mix as they think they are. SP has walked steadily south all year and looks like only a positive announcement in Oct (or an anticipation of that) will prevent further downward movement despite apparent dividend yield. Even so, soon be a time to start buying a few thinking longer term.
I was heavily in this share in February when it dropped to 58p and it seemed cheap then, I sold out at 15% but it went much higher. It looks good value now, they are a well managed company with excellent coverage. Obviously, the concern is a slowdown in UK house building which is reflecting the SP. That said,!it is one of those shares where the trading is so thin it throws up crazy valuations. A PE ratio of less than 5 is crazy.
Great results and with adjusted eps at just shy of 12, the company trades on a pe of only 5.