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Quiet month August, volumes should start picking up sept. Still a lot of value out there i'm hoping the winter months will get my portfolio back in the black. GLA
Only 14 trades within the first hour of trading. Volume 13,478 shares.
WouldBGatsby,
You are right and looking much further out, there could be every possibility that this will surpass the previous highs.
Re SMS non stock purchase. I think his best plan now is to go for a NASDAQ listing and fund raise at the same time, it would help if he were to put a few more million $ of his own money into the new listing and fund raise. I see this as the only way he can continue on his rapid acquisition program, and he doesn't have time to wait for SP here to recover due to his age.
I rather fancy SMS knows what he is doing. He has so many shares here that he could buy himself a Van Goch any time he felt like it. The recent purchases by other directors of 10,000 shares each woukd be chickenfeed to him. True, the value of his shares has fallen of a cliff, but I don't see any sign of panic selling from him. Investing is best treated as a long game IMHO. Buy good stocks, don't panic but keep your nerve and sit back and wait for the boat to come in. Good luck all. Maybe we'll talk again in 2025 when this stock hits double figures. I have seen all this before, many, many times.
Yes fair point Nige. Perhaps another reason such as up to the hilt already, or the wife won't let him, or keeping money back for the winter fuel bills/ Tesco shop, or of course the gentlemanly approach of not wanting to look like he's taking advantage of a low sp. I don't think anyone would question his commitment and need to see a pdmr from him.
Lemming99,
Three S4 directors have recently purchased shares in S4 on 2/8/22, 3/8/22, 5/8/22. So I see no reason why SMS would not have the same option.
Perhaps SMS and other directors can't trade at the moment as they only have certain windows after scheduled announcements (e.g. results) when they can. Also a seasoned exec like SMS would know not to look like he was taking advantage of a bargain basement price.
Whilst I would be hoovering up as many as I could afford, as long as trading window open. What's not to like when last growing at 80%, or was it 79? Around there somewhere.
Auson,
A USA listing would acheive a considerable higher valuation IMO of what we currently have. The current UK valuation of S4 £842 million is a joke, for a company that is expected to report revenue of £1 billion plus this financial year.
NigeCo,
I would hope just the NYSE listing, if we get a generous conversion rate say based on the share price volume weighted average for example, rather than the USD GBP exchange rate. The 200 day VWAP is currently around 320p 100 day VWAP is around 220p. We would do nicely from the conversion and the shorts will be screwed. Double bubble.
Auson,
Yes that would make good sense, I'm also of the same opinion that SMS will still be wanting a USA listing. Do you think that if this happens that we will have a dual UK & USA listing? I'm thinking that SMS would rather just have a USA listing, I think that I would also favour just a USA listing. This can only benefit S4 shareholders.
still increasing
I see the SPREAD has dropped !
haha
NigeCo,
I can't believe he hasn't bought some. My conclusion is that he is now going for an NYSE listing, its going to help the stock a lot more if he buys heavily into that listing.
I'm surprised that SMS hasn't taken advantage of the share price crash considering that he topped up in Januaray @531p.
HL has corrected the issue now. It was doing a similar thing to the Scottish Mortgage SP. I’ve noticed these glitches on HL before.
Thanks Auson. HL still the same
GLA
Baileybear1234,
I don't think its been in auction this morning so sounds like they couldn't get a live price for a second or two, that or a technical glitch.
I reckon that 80,000 sell was a stop loss hunted for then hit. If you look at the trade tape at 8.05 am you can see how they did it.
On HL 1.89 to buy 120 sell. What's happened