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https://www.thisismoney.co.uk/money/investing/article-9893413/MIDAS-SHARE-TIPS-Digital-billboard-firm-Ocean-Outdoor-glows-bright.html
decent write up
expect some rise this coming week
Hi all,
Video with CEO Tim Bleakley:
https://youtu.be/w5DxgSM9b_U
Ignore the link in the previous post - it's not working.
Hi all,
Video with CEO Tim Bleakley:
https://youtu.be/w5DxgSM9b_U
One month since my last post and still no change.Looking at the trades i'm just surprised it hasn't dropped back below £5,or is that just my wishful thinking.Anyway,back to watching paint dry,or grass.See if there's any change next month.
I prefer to watch grass grow myself :)
but it's a bit like watching paint dry.
Can you believe someone just purchased 18 shares.Very strange.You would at least think they'd round it off to 20.
Still watching.Yawn,zzzzzzzz
The £35m facility would have no bearing on the SP in my view - They are due to publish results in the coming days - Outdoor advertising has been greatly affected by Covid - They also operate a wet posting Large format business - Billposters are unable to post due to lockdown and in any event there are no bookings. Today there has been over 700k shares sold at 6.2 - my guess is some offloading at what I can only fathom is an inflated price. I still see these trading as between 4 and 5 pound sooner than later
As you can see i'm still trying to fathom out today's rise.It obviously wasn't due to the number of trades as there were only 5,656 buys and 487 sells,which is trivial.I can only think it's due to the 35 million facility agreement but i don't see how that warrants the rise.Or it could just be the MMs playing their usual games.It will be interesting to see which way it goes on Monday.
Thank's for that Gf123.I'll keep watching for now.
Its a false dawn for Ocean - they are a Boutique outdoor advertising company who's main Asset is the Piccadilly Lights display in London along with mainly upright backlit signs in a number of cities including London - Advertising companies share price has been deciminated past three months - they have been acquiring - at over inflated prices - European Digital companies in Netherlands among others. - again badly hit by Pandemic. Don't bother buying at these prices - A more realistic level is between £4-£5
with no more buys.What the hell's going on.I'de understand it more if there were loads of buys.
Its a very illiquid stock and...
https://www.investegate.co.uk/ocean-outdoor-ltd--oout-/rns/-35m-debt-financing-and-2019-results-reporting/202005290700072929O/
Can anyone see a reason for the recent rise.With only 2000 shares purchased it seems very odd.