The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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.
Rns tomorrow?
Not fussed either way.
Yesterday, a few peeps sold around 10% of what is in the public hands in the lunchtime and a few hours after bashing [ assuming it was not Octopus as per my previous post] - better to do it at this sp imo
I'm waiting for the selling to dry up and then will purchase some more. This is not a share to buy all you want in one go.
Pretty sure Octopus went out on Monday - once below 3%, they don't have to report although I stand to be corrected cause usually it says below 3% and not give a figure as they did here.
So a mere 3% sale at I grant you was a poor price -[ hammered by iliiquidity and selling so quick] made PI holders at the time to ditch as well.
Same thing happened at NSCI - same no of shares, few in public hands, threat to de-list - down to 1.5p - then partial sanity resumes.
Strong finish on the cards for a Monday RNS?
MP
Funding update any time now. The SP will take off when it shows. GLA
Site still showing all yesterdays data - please fix asap.
The markets closed!!
The share price will move according to the volume that thinks its undervalued at £5m versus those that think it’s overvalued at £5m
In the interim, traders and the mms take their cut and play hourly momentum.
RSP quotes are a snapshot in time. Obviously.
Peeps tend to over complicate things and change their mind based on trades - and traders know. There will be news - hold or fold or trade - whatever, with the minuscule free float, the mms will be delighted.
Alternatively, stick your cash in an oily and analyse that risk reward. At least this volatility has a known base - the iis aren’t going to sell this anywhere near this level based on the recent underlying figures.
But you have to do your own analysis.
Something is definitely up here. 7.5 paid, nothing available and an order page all blue waiting. I tried and get NT for £35!
NT at 0.75p, limited free float.
MP
Rising on almost every trade now can it break 8p
This is going to fly over 10p at this rate
RSP is 8.993 to buy 250k.
Compare that to the prices the 600k odd sales at lunch were sold for!!
Gottoa learn a shares characteristics quickly.
Check the price for yourselves.
Its because there are less than 10m in public hands.
That's why its best just to sit tight when traders have their fun - even a neutral RNS will send this up as its priced for failure, notwithstanding the good figures reported
Funding sorted?????? RNS about to reveal all.
Gone to NT again, very strong finish.
MP
Moving up VERY fast now
Can't even buy 20 pounds worth, lock down, never seen anything like this before.
MP
NT at 6.75 for even 100 pounds.
Looks like a 7p finish.
MP
Only £50 available on Halifax, hope my entry 10 min or so ago proves the right decision. Only did basic research through accounts and holdings etc
Quite a few chunky sells this afty though
and its 7.28 for 250k.
MMs never lose
Its what can happen when you only have 10m in public hands - you can move it 20% with 500k. Very sensitive to not a big monetary amount.
Interesting, no RSP quote to buy 500k [you can sell that on line]
Good luck whatever your strategy
It seems implausible that anybody will take a call let alone comment.
Still a MASSIVE buy however :)