Roundtable Discussion; The Future of Mineral Sands. Watch the video 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.
The cesspit that is Aim. Dreadful investor relations. I don’t think Ken Wotton has done an interview since last february. He did step in to purchase a load of shares off another fund manager in September I guess he is top loaded so couldn’t buy more this tim Is it him selling. Lot of price sensitive information being covered up. Disgraceful
So, what IS going on? Surely an RNS is due to explain the recent enormous trades. That's another 20 m shares sold just this morning. Who is the big seller? Is there still an overhang?
Come on - this silence is deafening!!!
Presumably they will release an RNS to at least say who has been selling these massive trades of 17 million if they can be bothered( which they often aren’t). Nobody enforces the regulations anymore on Aim about price sensitive information, but would have expected some director purchasing after this monster fall out.
....seems to have done the trick for now.
I can't quite see how the fundamentals justify the low sp and that steady drift down. Maybe we'll see a return to a more sensible (justified?) sp going forward.
As an aside, I wonder if Rivaldo is still around. His/her posts were usually very informative.....
Typo ‘I like’
‘Less pessimistic’ unlike that. Should be a new broker term . Outperform, hold, less pessimistic! Well done on the top up. Smart to do it before Monday. My biggest holding is on Cnic They suffered a similar but accelerated fund manager wobble over two days., it’s one of the fastest growing companies in Europe apparently. They released record results on increased forecasts for the 6th successive time and the sp dropped only 10 percent. Then everyone found out it was a forced seller fund manager and it’s shot up almost 15 percent yesterday and fallen back. Eck also had some strange large volume ( 5 million share traded) no movement in share price till yesterday on low volumes. Very strange shenanigans going on at the moment. Always a logical explanation. Usually a bit underhand! Gl
Well, I'm less pessimistic, oogle. I think we will get back into double figures. Unless I'm missing something (which might well be the case), I haven't seen a worthy justification for why the sp has been tanking i.e. a fundamental problem with the business (model).
As I say, I may be wrong but the price dropped low enough for me to have a cheeky top-up at just below 7p this afternoon (although I'm still averaging at a tad under 13p so seriously under water).
Cheers lord o Burnley. Hopefully my 11p top up not so bad now. Expect the market makers have been accumulating and licking their lips at this early Christmas gift from yet another dumb fund manager chucking investors money away. Wonder where the bidding will start on Monday. Don’t expect to see 7.8, or even 9p again.
Well, what happened there in late trading?????
Looks like about 70mil shares sold. Let's hope that's the big seller out of the way now and normal service resumes next week.
I presume an RNS will follow on Monday morning?
Good weekend all.
Interesting that if you look at the trades today someone is trying to keep the share price high by buying small amounts at the ask price. This has been happening for quite a while but very noticeable today. At 9:03:10 there was a sell of 190k shares at 6.7p but two small buys at 7.5p at 09:45:38 for 64 shares and 10:50:37 for 186 shares have been made at the ask price in order to push the listed price up.
Whoever is doing this is surely quite desperate.
Just seen a list of major holders as of November 14th 2022. 75per cent owned by 8 institutions. Top 3 are Gresham House 29. 9 pc. Slater and Premier Milton both have substantial holdings above 5pc. Can only guess one of the smaller ones is selling out in blocks. There has been no news so doubt it’s anything else. Very odd not to comment or RNS . Poor investor relations
Takes two to tango. Who keeps buying them?
The share price drop is so dramatic I think INSE should say something. I thought 8p would provide some resistance but the share price has smashed through it. I dont know where this stops and it could spell some real trouble for INSE in terms of raising capital in the future. All this is great for new investors but catching a falling knife isnt easy.
With a 60% fall and no sign of change I would have expected some sort of announcement from the company?
But I guess as there seem on obvious reason for the continual fall then its best to ay nowt!
Probably Ken selling out in 50k blocks. Could take years as he owns a 3rd of the company. Some kind of contract news would have been appreciated.
Still continuing to slide!
I dont understand it
More decent sells this morning is it the sells ver the last few months?
A 50% drop in share value ripe for take over!
It will be interesting t see how this pans out
Share price falling again and now back to levels not seen since Jan 2014. Interestingly the accounts published in December 2014 show a turnover of £4.41m, profit of £1.17m profit with 39 employees. The most recent accounts show a turnover of £67.94m, profit of £1.6m profit with 600+ employees. Not sure they have gained that much over the last 8 years and perhaps that's reflected in the share price?
I have just viewed the sells from today and back a few week looks like selling on mass and I see the S/P still down?
I agree. Something is not quite right.
Of course Ken Wooton is going to tip INSE...he's heavily invested! I dont think the lack of buyers is the reason for the share price continuing to track downwards as it has been falling for a significant time now.
With 1.3p EPS forecast for the year about to end INSE are now on a P/E of just 7.3.
Obvious sector considerations have presumably caused some to sell, and with the lack of buyers around in these markets it hasn't taken much for the share price to drift.
INSE confirmed in September's interims that they expected to meet expectations, especially given the seasonally stronger H2.
The highly respected Ken Wooton, managing director at Gresham House, has picked INSE out as one of three "high-quality small-cap stocks with attractive long-term growth characteristics":
Https://portfolio-adviser.com/small-mercies-resilient-returns-within-uk-small-cap-sector/
"Inspired Energy is a leading UK corporate energy services and procurement specialist operating in the UK. We first invested in the business in 2011, having built strong conviction in the company’s management capability and structural growth potential. By working closely with management and key stakeholders over the years, we had identified the opportunity to shift the company’s focus from lowering energy bills to reducing carbon emissions – to capitalise on the growing sustainability agenda.
Leveraging the wealth of data and analysis it has collected to date, Inspired Energy is now building out its offering with a new business arm, which provides ESG data and analytics for businesses conducting supply-chain evaluations. Due to the profit recovery potential and long-term structural growth opportunity tied to this expanding sustainability offering, we invested further in the company during the Covid dip and now hold a significant stake across our strategies."
Something not quite right here I was under the impression this was a solid growth business albeit through acquisition as opposed to organic growth,
I do wonder if there is any infighting for business within the business as before acquisition the business were competing against each other and they are broadly within the same market.
Maybe best time to buy shares is now?
Or are they having issues that are being kept under wraps?
Yu Energy on the other hand is doing well thank you!
Ken Woton of strategic equity capital has been hot on this stock for sometime since the raise @12 pence . It is now 5th in their top ten holdings making up 7 percent owning 28 percent of the company. Harewood is the other company I was thinking of. I can only assume their is a liquidity problem with the stock and small investors have taken fright because of the Russian situation. They don’t make money from selling energy but they do get a take off from the contracts they manage. Trading was solid at the last update. Don’t think much has changed other than sentiment. Broker forecast is 25p. In the meantime tempted to add at this price having bought a few more @ 11p recently. So long as the dIvidends keeps rolling in
Mysterious. The update was pretty solid on growth which I must say surprised me followed by an increase in dividend. Fairly small persistent selling since then and this fall particularly on low volumes.Gresham House increased holding and I seem to remember another trust taking a large position . I suppose debt is quite high for the return they are currently getting. Couple of acquisitions too. This rate hike was expected . 2 year recession forecast sounds grim but again we are talking more in terms of stagnation than a serious retraction at the moment. Uncertainty fosters all kinds of possible but unlikely scenarios. We need energy and we need it low carbon and affordable which is what this company is about I thought.