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sorry, meant warren buffet
sell volumes picked up, where's Carl Pilkington?
just got off my PlayStation, what did i miss?
" are now getting cash rather than shares in the business"
Steady on HumpyDumpy
They were due to receive 704,515 shares priced at 390p each ....so..not surprising that they were a bit miffed to see the share price drop over 50%+ ...and have sought a compromise
Great news! In a change to the agreed deal, the partners in Langleys, the new bolt on, are now getting cash rather than shares in the business. What a superb vote of confidence in the business! Onwards and upwards!
congrats to those getting in at this price ,nice one guys,nice to have a bit of luck now and then aye.
Like there has been another big forced sell for this to suddenly drop 10p, lets hope that is the last one so we can start a proper recovery now from this very low price
Top riser on the AIM 100 now... needs to hold into the afternoon session now
looks like the 1m print is the last of the seller?
136m mcap for 18m PBIT is a ridiculous valuation....
I Agree , i will get a lot of peoples attention, investers like a good old bargain
Once this hits the top risers board it will fly
And now for the bargain hunters.
Have a look at my first post. Basic comment on their business model and why talent will migrate elsewhere. All the best.
Tthey seem a bit like Ince Group plc (AIM: INCE)
The main issue is that for these companies is that there are payouts to the partners (and also employees of the new acquisitions that come on board , for a period of time - Contingent Consideration ) so.... the bottom line figures are relatively small ....the shareholders get the scraps while the partners get the first pickings out of the profits
I guess that isn't so unreasonable for Law type companies.....
I certainly wouldn't have paid 400p a share .....that looked over bought more than 147p looks oversold .
They certainly need to keep the business coming in as they take on new acquisitions...and they always seem to be looking for more
Buyers just looking to grab the lows from the last 3 day drop ..... needs better external economical sentiment to probably budge it up a lot more as that was what has caused the knock down.... (plus poor January guidance ooooof)
Good luck whatever anyone chooses to do
But what insight? All you've said is that you "really want to highlight that (as with all businesses I suppose) there are things folks need to be aware of...". Ok, what things, care to tell us?
This response is exactly why I have never posted before and probably won't bother again! Honestly, I thought these forums were for discussion, debate and looking at various sides. Yes, I clearly have a strong contrary opinion to you. I'll kick my own a*rse for not posting sooner! Genuine good wishes to all on this board; but maybe just attacking someone immediately who was trying to give some insight isn't the best for a healthy, informed board going forwards. All the best.
Humpy...your words "Oh dear. First rule. Don’t invest in a business you don’t understand. Second rule. Don’t encourage others to invest in a business you don’t understand, You may get lucky with a bit of day trading here but it seems to me the market has finally realised what this is.". AND yet where were your posts when the SP was flying?? Please explain "what the market has finally realised what this"...after all this time KGH has been on the market and you've never mentioned how bad it is? Shame on you
Not really trying to deramp, just add in something from another point of view. Have been reading posts on LSE for years but never posted before as did not really have anything worthwhile to add. Not many listed law firms (for good reason!) but i this is an industry I know. Just really want to highlight that (as with all businesses I suppose) there are things folks need to be aware of. I can understand why peeps would be tempted here looking at the charts - but my honest belief here is that the fundamental structure is horribly flawed. I’d stress again this is my humble opinion based on the model, and not on any analysis of the financials, but i can’t believe there aren’t better prospects for peoples hard earned money than this. That’s all.
Humpy: Always very wary of first time posters deramping a share, but it can often be a good sign. Nite nite.
Oh dear. First rule. Don’t invest in a business you don’t understand. Second rule. Don’t encourage others to invest in a business you don’t understand. You may get lucky with a bit of day trading here, but it seems to me the market has finally realised what this is.
It’s your tea time sunny, ya mamma has got ya a steak bake from Greggs, then ya can get back to ya play station.
congratulations, you just invented the 3 day rule my friend
Day 1: A share drops 50%.
Day 2: The same share drops 18%
Day 3: The same share drops 2%.
On day 3 the drop has ran out of steam, as predicted by me at the end of day 2 trading. If you can’t see that you should not be investing my friend. Watch and learn from the pros, let’s see where it is on the 30th June. It will be a minimum uplift of 50%.
run out of steam on the downside you say?.....
somebody needs to call bull**** man
Well done Nostradamus