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Anyone know why the share price has moved?
No Company news release and nothing exceptional in terms of volume.
What's going on?
Lets hope we are going up up up.
Yes later than other years but an awful lot going on here over the last year. Two acquisitions in the second half of 2018, accounting platforms to be aligned and tax considerations to be made. I believe we can look forward to much improved figures in the current year with hopefully raised broker targets and a corresponding rise in the SP if new funds start to take notice.
Thanks. Well over a month after the release date of the past few years ...
Anyone have any idea when the interims are due? The past few years they’ve been out well before now ...
Sorry to read you are leaving this BB. I believe your views have been well balanced over the years and your input will be missed.
Sahid
HollyF2000, would be interested to learn your views on what needs to be done differently at APC?
desperate can you get for a first post ever?
Sadly this will be my last post on this moribund b/b
GLA
APC2 I think you are correct. RH is not from the same industry and are not getting it. Just look where RH has been previously.
We all share your grief but I think that management know perfectly well what shareholders want since they hold significant quantities themselves. Have you seen the AGM presentation which is posted on the investor relations page?
Company doing great but we will have to wait until the shares are in demand before the SP moves. I read somewhere we have gone from a 12m loss to an expected 1.6m profit in 3 years but the SP has actually fallen over that time!
IMO Management fully understand what shareholders want and importantly have an action plan to resolve.
It seems that the current management do not understand what us share holders want.How long do we wait before we see any movement in the share price.I do mean up not down.Losing patience .
IMO the SP is going nowhere until seller(s) has cleared and the Brexit/Parliament farce concluded.
Justifiably there was much enthusiasm in buying post AGM but this would appear to have been shortlived. However as demonstrated yesterday its encouraging to note that as soon as shares are sold they are being acquired. I still don't believe its a number of small shareholders selling but of course i could be wrong.
There's life in this old dog yet and I'm happy to hold and build till true value is out.
IMO the SP is going nowhere until seller(s) has cleared and the Brexit/Parliament farce concluded.
Justifiably there was much enthusiasm in buying post AGM but this would appear to have been shortlived. However as demonstrated yesterday its encouraging to note that as soon as shares are sold they are being acquired. I still don't believe its a number of small shareholders selling but of course i could be wrong.
There's life in this old dog yet and I'm happy to hold and build till true value is out.
The Chairman has bought 2.7% of APC over his tenure and the CEO 1.8% and the price has not moved in that time. I wonder why?
The Chairman taking payment in the form of shares and RH buying shares sends out a very positive statement IMO
Thanks Malcom and Fred for the AGM update. Between the two of you you have caused the shares to rise :-)
Apologies for not posting sooner but I have only just returned from an extended trip to ‘the smoke’ taking in the AGM. Malcolm, was it you sat in the front row on the left hand side facing the screen?
The updates provided on the alternative bulletin board are in my opinion a fair reflection of what happened at the AGM so I will not reproduce here. The only thing I can add is that interestingly RH was of the opinion that the prolonged ‘selling’ of shares is due to a number of small shareholders rather than one or two large ones.
Like others I also left the meeting with a warm feeling but I think that this may have been due to the splendid curried/spicy meat balls rather than the bland statement “the Company continues to trade within management expectations”. I know that some investors will not invest in a company unless it is “exceeding expectations”. Despite this I was impressed with the continued progress made and with the quality of the management team. I am looking forward very much to the next update.
My thanks to the Directors, staff and RSM audit for an excellent meeting and their kind hospitality. The food was most appreciated. I will most definitely try to attend next year.
If Fred was there, he didn’t make himself known; he couldn’t have missed me as I introduced myself, in the formal part of the meeting as “Malcolm” and I was in the front row. If he wasn’t there, then it was a shame as they had laid sandwiches on, especially for him, they do read these BB.
They were very keen to engage with us at the meeting..
The board assured us that they had no plans for any large acquisitions.
The board said that (up to now) they have been fully engaged with turning the company around, but they hear, “loud and clear” that the shareholders (present) want them to get their success story out.
They also stated that our German suppliers have allowed them to stockpile supplies in the UK, at no expense to APC and the only thing they couldn’t fully plan for was a hard brexit, with tariffs.
Were you or Fred with his plastic bag there? Any more talk on future acquisitions?
Looks to me like the buyers are coming in, on the back of a good AGM.
Very strange. If I log into my premium account it shows up but not otherwise. A few oddities with LSE. If a share transaction is delayed then it does not show in the total buys/sells and today’s buys were delayed by around an hour.
There was also a 260,664 shares BUY at 6.25, which for some reason has not shown on LSE. Is anyone else able to confirm this?
would be nice to see Directors taking advantage of this lowly SP, i don't think we are in a close period are we?. Is it unusual for the Finance Director not to hold shares in the company?
Many thanks sahid that was my understanding also but i couldn't find/quote chapter and verse.
It had crossed my mind that a possible explanation for Harwood capital's removal and subsequent reinstatement to the list may have been along the lines of my question but clearly this is not the case.
Purely a gut feeling and for what its worth i don't believe more than 1 seller. Anyway all will come out in the wash and i am more than happy to hold my investment.
It would be good to see you at the AGM. I'll be the one with the M&S bag full of sandwiches!!
Extract from FCA rules regarding TR1's
A person must notify the issuer of the percentage of its voting rights he holds as shareholder or holds or is deemed to hold through his direct or indirect holding of financial instruments falling within DTR 5.3.1R (1) (or a combination of such holdings) if the percentage of those voting rights:
(1) reaches, exceeds or falls below 3%, 4%, 5%, 6%, 7%, 8%, 9%, 10% and each 1% threshold thereafter up to 100% (or in the case of a non-UK issuer on the basis of thresholds at 5%, 10%, 15%, 20%, 25%, 30%, 50% and 75%) as a result of an acquisition or disposal of shares or financial instruments falling within DTR 5.3.1 R; or
(2) reaches, exceeds or falls below an applicable threshold in (1) as a result of events changing the breakdown of voting rights and on the basis of information disclosed by the issuer in accordance with DTR 5.6.1 Rand DTR 5.6.1A R;
Fred, this is saying when a shareholder of more than 3% goes through a 1% barrier. So I believe either someone is not adhering to FCA rules or more than 1 seller.