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Again today we have x3 Buys v Sells yet the price is down!
Yesterday pm, those "sells" came in
This is being played so much - PIs need to hold and not join those MMs games
A big bounce is way over due
Just cannot help thinking atm that all companies that deliver some sort of public sector service privately, have all retraced somewhat. Serco is back where it was in February, transport companies like First, Stagecoach and even Go-Ahead, seem a little weak. The only difference with Capita is that it has not had an initial big lasting bounce (yet), which kind of keeps intriguing me here and to buy more.
Just cant understand the hatred for this share by the market, compared to a lot of stocks this is buoyant as a company with a solid order book ---why !!!
looks like another crapita day 2mr.
silly me thinking it could finish blue..
No it is Capita. Good stocks are up lol
Sorry and thank you know0.appology from me as well to all fellow CPI holders .
Best to keep that to RMM board - or join discord group - but, with 4 stopes open by Dec 21 and copper prices expected to continue to stay strong, an imminent (IMO) deal on Little Deer - yes - 2quid in 3 years is very achievable - could even be there in 2 years - but DYOR and apologies to CPI holders for that interlude.
Know0 I always trust on your analysis.just ask you do you think rmm could be £2 within 3 years based on full production capacity from begaining of 2022 and also do you see any insolvency risk in rmm as this is very small company in ftse AIM ?
Nonsense - I hope you are right as we will both be very rich if that comes about!
But yes, those both make up 65% of my investments - 2 great opportunities to do very well within 12 mths
GLA
Know0 I now have only CPI and rmm in my portfolio .hopefully £1.20 for each by next summer .see where we go .....risk vs reward
Thanks for coming back know0, would it be worth checking with IR on the make-up of the liquidity? Nothing specific, more if there is a split between cash and short-term debt?
Get the eyedrops out and let them blink first
;o)
Wednesday - I am not 100% but I do think that is cash balance - we know from 12/20 the cash level and have had a further 300M (ESS) plus continued better cash collections etc- next tranche of debt repayment is due next month or so (200M?)
There had been some invoice financing in one business unit, but I think they were looking to remove that
As I say, I am not 100%, BUT I am pretty sure that the reported "liquidity" is cash/near cash assets
With the shares in CPI being held predominantly by II, MMs are very happy to take money from the PI - those that get worried or bored!
Still a buyer at these prices and holding more than 225k invested (slightly underwater currently- but have taken 30k profits in last year also)
August and the half year profit should be good - next March for Full Year will likely be the catalyst but cant see MMs will be able to keep playing it as more and more PIs that have bought at these levels for LTH will do just that - Hold LT
2 great RNS this week and we still here - unbelievable manipulation - but as a holder and adding - I can wait!!
GLA
Excellent post, and your other point about the Cash balance being the same as Market Cap, is true and also very unbelievable, CPI is massively undervalued, and as you say, the market cant hold it here forever.
gonna end the day blue at this rate lol
Hi Know0 I think you may have misread the recent statement, (paraphrasing) they said they have liquidity of circa £700m, which was more than enough to cover debt commitments.
I took liquidity to mean available cash or overdraft. Happy for you to come back if I am mistaken.
loiterer - yes I agree - most days have been the same - MMs must've mopped up loads at the 37p mark and filling the gap with those - they have to balance it somewhere
When those have gone, it has to jump - hence my expectation soon for a step change
take a look at this - https://www.griproom.com/fun/10-signs-your-stock-is-being-manipulated
6. Your stock is red all the time for seemingly no reason.
I call this the Triple Red Attack. These drops tend to be smaller. Usually between -0.05% and -1.5%.
They sell enough shares to keep it red during the pre-market. During regular hours they’ll nuke it as much as 2-3%. Before the day is up, they’ll often let the stock recover a bit. This is so they can paint it red after hours. It also allows them more room for it to drop tomorrow.
It forms this type of pattern.
triple red attack.jpg
This was taken from a six-month chart of $GILD. But if you look at most one-day, or one-week charts, they share a similar pattern.
You see, manipulators can only smash a stock so hard. They can’t nuke it 5% a day indefinitely. If they bash it too hard, then they’ll let it recover to reestablish positive sentiment. Then the Triple Red Attack starts over again.
Wall Street’s goal is to destroy a stock just enough to frustrate retail investors, but not enough to attract the attention of regulators, or serious value investors.
Their goal is to get you to sell and go buy index funds.
Know, if you go back over last 2 weeks of trades, it has been the same every day, buys always outweighing sells.....
We know that the trades are often put down incorrectly on the volume on LSE, but double the number of Buys v Sells?
This is classic trying to get the PIs to get bored and sell up - this week or next we are going to have a 10% up day and hold - the cash balance is equivalent to Mkt Cap!
Adding all the time small amounts
GLA