focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I'll bet that took some passing!!
Had me worried as the chart for a moment looked like lower high then lower low, but closed flat with a very long tail under the candle, which could well be bullish. Unless anyone aware of fundamentals shifting (cash might still be tight - but then again might just as well be a shift towards profitability and a drop in the SP to collect spilled shares)...
sorta what I've been thinking too
Well another drop to fill orders by the look of the bounce from an early low. We have hit this level once before and recovered to then see 8p plus. I'm guessing we are going to see a repeat followed by news. I think we will see a climb now this summer to double figures.
Agree with Fred and those 6.375 trades are definitely buys. Can understand you selling dactions if you consider you have better options but think APC has hit the bottom. Why else would an educated investor like Mark Blandford and the Chairman be buying? With no analyst following the stock I doubt many PI's will be buying unless gamblers and cannot see much happening to the SP until the company get an analyst on side. GL
Sorry to see you go and good luck with your future investments. I can understand why you've left but can't help thinking that someone/body is accumulating these shares for example isn't todays 100K transaction shown in red a 'buy' rather than a 'sell'? GLA
the last of my holding yesterday. It was only 25k but I struggled to get a price even for that low number and accepted 6.1587p. This has been such a personal disaster averaging down from 50p 3 years ago. Watching businesses within the group come and go. Now, with the focus on Distribution - I just can't see it being so special in this day and age. We all seek out the lowest cost now and have better means to do so. In my own industry (IT) Distribution companies are now two a penny. If you've come in at current prices, then I can understand why you might feel positive but set yourself realistic targets - good luck.
Vino: Hypothetically if Hargreaves were to transfer APC shares between their funds then no holdings announcement would be necessary. It must be something like that as the gap between buy and sell was very small so the broker made only a couple of hundred quid. But if not a transfer then yes I would agree with you. I find it strange that most of the trades lately have been reported after hours. A lot of the trades reported incorrectly must have been buys otherwise some broker must be holding a lot of stock and that doesn't usually happen on AIM. My thoughts are that someone is hoarding stock but only prepared to pay a certain price and until that order is satisfied there is an agreement to hold the price down.
After the exceptional trades on the 13th June (2 x 2.7M) I would an RNS by now.
I would hope those major shareholders know more than us? IMHO I cannot see any rise until an analyst starts following the stock. How can any punter make an investment decision without knowing what the target is!
They can't hold it down forever it must rise between now and the next results, imho.
yep, confused the hell out of me but happy to hold any thoughts ?
I see Stuart Hawthorne increased his holding by 477,000 shares (his total now is 5,710,000, 4.23%), and many of the other large share holders have been increasing their percentages in the past few months. One by over 47% (24/05/2017 Rockridge investments from 10,450,000 to 15,362,963, 11.39%). and still the share gets marked down, go figure??
Thanks Malcolm. I am sure that all financial dealers, betting or otherwise will need to upgrade their timing mechanism and if that is the reason behind Mark Blandfords interest then the prospects must be exciting of APC. Not a bad thing to dislike debt but if it is reduced through constant private placings then it definitely doesn't have my vote. When the price fell a couple of weeks back I tried to buy 100,000 shares but the price I was quoted was much higher than the ask at that time. Now it seems that most of the juicy transactions are either after hours or subject to a reporting delay. I wonder why? I believe the price is being held down for mates trades and a short term rise seems very unlikely. Regarding the component distribution side of the business the financial press is full of good news stories - Electrcomponents Group, Solid State, Dialight and today Qinetiq all quoting increased business in the Military sector in which APC have a strong presence. Contrary to their SP's ours falls. If ours was 8p a month ago it is worth far more today!
A few tit-bits of information that you may find interesting? The new chairman was just as excited as you were (in your 12th April post) about Time Synchronisation he also felt that there was great potential for growth in the components side of the business. It’s my guess that someone in the Gambling/Gaming industry might see the potential in accurate and reliable Time Synchronisation? He also informed me that he dislikes debt. He and some others on the BOD also assured me that the next set of accounts will be easier to understand and will include a bottom line figure. All music to my ears I can tell you.
If your selling, Mark Brantford is buying.
Thanks Malcolm, he obviously thinks APC a good bet!!!
Another link to tie in Mark Blandford to Rockridge investments, “Rockridge Investments, an existing shareholder controlled by Mark Blandford, the founder of Sportingbet”. http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/11376571/Daniel-Stewart-gathers-1.5m-to-fill-its-capital-shortfall.html
Hi Sahid, It would appear that Mark Blandford’s Sportingbet founder is behind Rockridge investments, “also includes Sportingbet founder Mark Blandford’s Rockridge Investments”,see link, http://www.coin-opcommunity.co.uk/news/15285-storm-gaming-technology-welcomes-further-investment/. This of course ties in directly with GVC (the other Rockridge investment) as Sportingbet is part of GVC. Hope this helps?
Malcolm: Do you know anything about Rockridge investments? They seem to be building a very large stake in APC but all of their other investments appear to be in the gambling/gaming industry.
It must be showing signs of wear and tear by now!! Out of interest does anybody know where they keep the hat when its not in use?
I believe you will have a second chance at 8p soon.
added this morning too, those shysters just brought the price down over the last few days to allow the subscriptions to be made at this low price. Lots of ii's in now and will move up again imo (Wish I'd taken the profit at 8 though)
You too can buy this share at the same price as the Chairman, I just did .0670p.
With directors and Rockbridge investments paying full market value (.0675p), this surely must mark the bottom price for this share.