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Only Need a a handful of buys to get this up and away once again
Some trading HVO I suspect today ?
Topped up .could be one of the bargains of the year .profit making company will see price above 3p in a few months time .imo
WTF........Very surprised to see this dropping further as I topped up last week @ 0.94 Looks like another top up coming on.
Well i have added here .Just a small top up with a view to having more.
Interims could arrive sooner. Trading above expectations. Very cheap. Needs some volume and its away
Pretty sure this will quite easily bag from these levels pretty soon
Of days coming here. Load up
Will there be another TR1 showing who bought?
Most of them lol
The Company has been advised by Anthony Reeves that following a share sale on 14 June 2018, he is now interested in 14,420,656 Ordinary Shares, representing 4.25 per cent. of the issued share capital of the Company.
If he sold some would he have to tr1 it? Liquidity release sell could add value to the stock. Just an idea
Finish
Didn't last long before they pushed the ask to 0.95p
Some clown but repeatedly paying 0.92p.
Come on, own up, who bought it on NEX?
Is a buy
Buy showing red
expected today, could be monday. Who offloaded that chunk?
Well all said and done. Very few sells
Nice concise post. Pity the general markets are going to drag for a while now with trade wars, Italians and brexit to name a few factors. Pension nicely all tucked away in cash before buying into gold funds
Thanks
-- "Really can't understand the mentality to buy one day and sell the next on a loss, makes no sense. Has anything changed overnight no" -- Bought yesterday on a knee-jerk, but I did scan the most recent results first. My only concern is that it didn't recover much if any of the initial drop - that could be because the sell and hence drop was for a reason, but also could be traders and MM scrapping over the seeds because they know a fair number of yesterday's buyers can be scared out by holding it a bit longer here. Trend is reasonably flat with a slight dip in gross profit, I have no worries there. But what might be interesting insight is the overall PnL trend my research platform shows up. Over 5 years, Profit(loss) £000 2012: (1,706) [(2,583) inc 1,077 non-cash impairment charge] 2013: (1,155) [(1,257) inc 102 non-cash impairment charge] 2014: (55) 2015: 426 2016: 92 [(2,486) inc (2,578) non-cash impairment charge] 2017: 387 As you might see, taking the PnL trend without taking into account the write-downs, as some might do, leaves a pretty ugly picture of a company see-sawing between thin profit and large loss. As far as I can see from the free cash trend the write-downs genuinely have no underlying impact (apart from building a loss that can be brought-forward to reduce tax) Overall, cash management and in particular debt management, with their use of invoice factoring and the reasonably attractive rates they're managing to get for that facility seem good. Was therefore happy to buy and hold a few on the sub 1p value brought about by the seller, on a PER of around 7.5 from my buy-in. In the absence of any reason for the sell-off emerging current mcap of £3m does seem a bargain for a profitable company with £22m turnover and borrowing level within a quarter of turnover.
Really can't understand the mentality to buy one day and sell the next on a loss, makes no sense. Has anything changed overnight no
It's certainly not 0.8 to sell. And yes SCC06... they are in a far better position than they have been in for a very long time. If their capital position remains good and profits keep coming in buybacks look possible. We'd obviously have to hear from the company though. Shame we've not yet seen what's gone on yesterday via an RNS.