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Pearls,” looking for a late flurry of purchases before the RNS”
9th August ZERO trades
You absolute clown
How embarrassing. Waiting for a “flurry” of buys and just sells. Looks like not long before they put the lights out here. Feel bad for anyone who had money invested in this dead company. Get out while you still can.
Looking for a late flurry of purchases this afternoon if the RNS is due out on Monday.....
Someone clearly thought it was worth buying yesterday afternoon.
Any news on results?
Crazy day for the SP today. Huge volume
“I bet there’s increased trading In the shares a day or two before these results…”
It is not actually possible for there to be a decrease in trading vol though is it?
This is worrying no?
Results due but not posted is rarely indicative of good news.
Gulp
Who knows Devon? But I bet there’s increased trading In the shares a day or two before these results are out.
Anyway, you still haven’t answered my query about your own holding....LOL
"I think a lot of the staff at SGI are shareholders, and something always seems to slip out a few days beforehand as there's always a spate of buying in advance of the results. "
Are you suggesting Insider Trading? OMG, if that's the case. I wouldn't touch it with a barge pole.
Insider trading and a dominant shareholder...outsiders could just get squashed or left holding the bag of dirty nappies.
Thanks for the info. Best avoided.
Devon, I think a lot of the staff at SGI are shareholders, and something always seems to slip out a few days beforehand as there's always a spate of buying in advance of the results. Perhaps over at SG they hold a staff briefing a day or two in advance of the formal statement?
Anyway, there's been no RNS so far, and this combined with the low turnover today in the shares implies it is not that imminent either. Yet I am sure on a number of stockbroker sites it is advised as being due today?
"I wondered over the last few days whether there was going to be a delay as previously there is always a sharp increase in buying before the results, but this week has been absolutely quiet. That infers in turn that the full results are not completed / signed off yet."
But how would they know? There's only 2 connected institutional investors LOL Otherwise, as the volume suggests, a lot of private investors who've frankly just lost interest.
Back to sleep it is then. I don't know why you were asking in the first place ;) Where is it? You knew all along.
A lot of companies are delayed nowadays in issuing updates due to problems with COVID delaying auditors / accountants / senior staff etc in doing anything, I think this happened to SG previously over the last eighteen months. If you're an auditor for example, with only half your staff in, it's going to lead to a bottleneck developing and a delay in everyone getting their audits on time.
There should be no need for concern unless an RNS is issued providing a negative reason for the delay. Otherwise it is a bit frustrating, but we will all have to carry on waiting.
I wondered over the last few days whether there was going to be a delay as previously there is always a sharp increase in buying before the results, but this week has been absolutely quiet. That infers in turn that the full results are not completed / signed off yet.
Maybe they haven't been able to get the auditors to sign them off?
Or maybe they are just "less" "less" bad..or commonly known as "worse" and they can't decide how to break the news ;)
Let's hope not, otherwise Pearls will be demanding heads.
Supposed to be the annual figures update and forward looking statement RNS today.
Where is it?