Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone 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.
Where do you get those numbers from. I get a sale of only 375 000 shares
In another RNS just released Commerzbank AG have sold 1.7m of the shares they bough, and now hold 34.6m (10.61%).
Commerzbank is a leading international commercial bank with branches and offices in more than 50 countries. The core markets of Commerzbank are Germany and Poland. With the business areas Private Customers, Mittelstandsbank, Corporates & Markets and Central & Eastern Europe, its private customers and corporate clients, as well as institutional investors, profit from a comprehensive portfolio of banking and capital market services. Commerzbank finances more than 30 per cent of Germany’s foreign trade and is the unchallenged leader in financing for SMEs. With its subsidiaries Comdirect and Poland’s mBank it owns two of the world’s most innovative online banks. With approximately 1,050 branches Commerzbank has one of the densest branch networks among German private banks. In total, Commerzbank boasts more than 16 million private customers, as well as one million business and corporate clients. In 2015, it generated gross revenues of almost 9.8 billion Euro with approximately 51,300 employees.
This morning's RNS's shows that Commerzbank AG have increased their shareholding from below 3% and now own 36m shares, over 12%. Spreadex have also topped up with another 2.4m and now own 34.4m shares (11.6%).
Totally under the radar this one, been watching it since 2.9p only 2 weeks ago. Big II in from today, and directors are heavy hitters who have each put £100k of their own cash in. Cyber security all over the news at the moment. Follow the money....
Not being picked up on?
The change of direction is clearly mentioned in this quote from today's RNS. "In my Chairman's statement in our Annual Report I commented that it was hard to see substantial upside from the junior mining sector given the current climate and that my focus would now be on seeking a transformational deal to provide loyal shareholders with a more exciting future. The Digital and Cybersecurity services sector offers that exciting future. Businesses are changing from traditional to digital interactions and are often ill prepared for the hacking, data security, cybercrime and cyberterrorism threats that they face. The Digital environment is so vast and the threats so varied, that many large and small enterprises are not able to deal with these issues. "By securing the services of such an outstanding trio of talent in this sector, I am planning to move our company into this high growth area and to build with them, a group of significant scale providing digital resilience solutions to capitalise on this market opportunity and deliver enhanced value to our shareholders." It will not be all plain sailing though as NCC have just discovered.
Great article today. I think it's safe to say we can wave goodbye to the mining assets - this looks like a very punchy trio of directors. The fact that they're not commenting either suggests to me that they have something up their sleeve. Also, there's been a lot of cybersecurity and cybercrime in the news recently. Very interesting sector. I've been in since it was last 3p but I'm certainly holding again on this time.
Aurum Mining plc (AIM: AUR), the Spanish focused gold and tungsten explorer, is pleased to announce the appointment of Robin Simon Southwell OBE as Non-executive Director with immediate effect. Mr Southwell, aged 56, has over 35 years' experience of working in the Aerospace & Defence industry, including roles as Chief Executive of Airbus UK and Airtanker Ltd, as well as senior positions at BAE Systems, which included running their operations in Australasia and establishing the company's asset management organisation. Mr Southwell is a Fellow of the Royal Aeronautical Society and has been appointed as a UK Business Ambassador. David Williams, Chairman, commented: "It is great that we have been able to attract Robin onto our board. His broad range of skills and contact base, both nationally and internationally will compliment those of Mo Stevens, who joined our board last week. I have promised our shareholders that we will be looking for a transformational deal and having access to the contact base these gentlemen have, will make my task that much easier."
An AIM-listed gold and tungsten minnow will announce the appointment of a former Airbus executive as its new boss today as it continues to seek a “transformational deal”. Mo Stevens, 54, former head of international market development for Airbus Defence & Space UK, will work as chief executive of Aurum Mining alongside David Williams, the company’s chairman and a serial entrepreneur who used to run Marwyn, the hedge fund. Mr Williams has lifted his stake in Aurum to 27.6 per cent after spending £300,000 to subscribe for new shares at 1p in a placing to raise £1.2 million. Mr Stevens…
2.25p paid...maybe news has travelled now......
Missed by the market perhaps...have topinfo to thank for making me alert to this one
Not much movement today even though buys outweigh the sells according to lse....taken a few of these on the news and waiting to see if any movement occurs
I'm not sure why but difficult buying at any quantity.
This will break past 2p at this rate. Was offered a measly 100k at 1.2p Now at 1.80p
at 1p. Why is it so difficult to buy in any reasonable quantity?
Indeed a cheeky return there :)
Thanks terry . A nice little share . And May
had this on my watch list for a while , looks like news is about to hit . cant decide whether to jump in or not . too late today , probably too late tomorrow if the rns lands first thing .
What a gay day. Expect a one new pence finish . Good luck All And May
For ORM also ,one suspects our twin will also uptick nicely. God luck And May