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Are results due next week?
Looks like there is a naughty bot at work today
Obsessed with neatness, you think? ;)
Looks like they have just trimmed a few and kept a round 5m
RNS today informing us that Rockwood top-sliced a few. Inexplicable at these prices - they must've taken a loss - unless they know something we don't....?
High hopes we get a bounce off the back of the strategic review / EoY results
Looking cheap at the mo
"1500 sticky clients, business is profitable, huge growth potential over long term, how many companies do you know who's have 110 employees and make £15m EBITDAR?"
Https://youtu.be/3_N2JucuT48?t=1098
Way more detail than you normally get from these fund manager interviews.
Agree with him, one to tuck away.
Note he is talking about comparing this to ALPH (Not AFM as was suggested in a previous thread here - different business).
CAB Payments down 13% as well (with no RNS). Forex companies should benefit from volatility in this election year (US and likely here).
Weakness these last few days. I wonder if old Harry (ex-CEO) is selling down?
Now showing 4.5% interest - interesting!
Its is definitely a punt. Very chequered history. I dont know if we will ever get the full story on this company. The risk reward seems very stretched. This is a crowded sector with Hsbc muscling back in with Zing at the beginning of the year. Too much infighting for my liking. It doesnt seem to bode well with investors and it looks like it doesnt bode well with clients. Why would you with plenty of competition to choose from. Champagne Charlie’s going to have to get used to Prosecco at best.
Sold out at 66p. I've bought back today. I'm looking for the rejiggled management to turn the it around.
It's a punt for me.
Nasty drop this morning presumably caused by Alpha Financial Markets reporting negatively to the market. I'm taking a fair amount of stock-specific risk here, but I've added again.
Sorry, keep thinking of something else to add. RNS are issued at 7 a.m and throughout the day, Monday - Friday. Companies are obliged to report certain types of information, particularly if it is price sensitive. You can read them on the News/RNS link at the top of the screen
There are sites such as Morningstar that also collate company information including the largest shareholders.
Example: https://tools.morningstar.co.uk/uk/stockreport/default.aspx?tab=5&vw=own&SecurityToken=0P0001HUYW%5D3%5D0%5DE0WWE%24%24ALL&Id=0P0001HUYW&ClientFund=0&CurrencyId=BAS
You have to read the past Regulatory News Statements (RNS) issued, there is a link above called AGFX Live RNS that contains the past RNS. In this case there was one issued on 1st Feb. called a TR-1: Standard form for notification of major holdings and it stated that Rockwood Strategic had bought 3.53% of the company and previously held zero. RNS are a mine of information on the company.
May I ask where you find this information? How can I track when a fund is dipping in?
That was the trigger for me. They know what they are doing.
I see that superstar small cap fund manager, Rockwood Strategic, snapped up 3.5% yesterday. Great minds think alike...;)
No actually, buy below 60 is correct. The market giveth.... and I've taken!
Company is still profitable, still generates cash, and is likely to be a takeover target in 2024. It was a target yesterday and is even more so today, imo.
Meant buy below 70
Just topped up my position to take it to 12K total - huge potential - just need a god leadership team to fall in place Growth
● New products
● New geographies - Australia
● More transactions per customer
Board expects revenues for the twelve months to 31 December 2023 of approximately £49.8m, compared to £50.4m for the twelve months to 31 December 2022*, and operating profit of not less than £8.0m, compared with £11.3m for the same period in 2022.
I wonder why the sudden fall today?
Maybe ripe for a Takeover - as per Simon Thompson's IC tip ?
If it holds above 83 looks like 90s could be on!