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Steady........no stock about........gap up if buyers start getting aggresive....or off 2-3p if buyer gets bored waiting
Any news yet?
Hi Tosh.....sorry been in City today to see a few old trader mates and only just seen this Nice to see a firmer PMR!
are you there ?
Just looked at it... quite volatile, but recent rises suggest good things, but not one i have heard of before. I have quite a few long term holds, many have been in the portfolio for quite a few years, and a couple still looking more like long term investments. One that i did dip my toe into a couple of weeks ago is BRAM. Its now up from circa £1.40 to about £1.87. Rumours of a pending take over offer on that one at about £2.20 / share, so still a bit of meat left on the bone ( i have already sold though ). AIM , by nature is a lottery though mate, so beware false prophets. There are a lot on these BB's that will have you believing all sorts of nonsense. Do your own research and then see if whats being bandied about makes sense. Like today, im not sure about Nomura ( it could be that they are interested, who knows ) when i heard that they were making a move, i somewhat dismissed the rumours, but then about 20 mins later Jefferies and Cantors were thrown in, and suddenly, the dots joined. Nothing may come of this, but as they always say, buy on rumour, sell on fact. Furthermore, If there are 3 parties interested, then i would respectfully suggest that 80p - 90p is very much under the final price. I can see this going over £1... maybe as high as £1.20... but ... only if the rumours are true. Not sure if that helps at all, and obviously, everything that i have written is only my opinion. Good luck anyway.
Only other AIM stock Ive got an eye on is RedHall RHL Im intrigued with your earlier foresight if you have any thoughts ?
Dear old West LB ... i remember them well.
Trade at 59..........55-59 they go
Ha Ha Tosh!.......wouldn't it be ironic if PMR were taken over by a German bank....20 years after being bought by West LB?
you dont think that we're reinventing the wheel, and that there will be a large push towards take overs and amalgamations do you ? ( That is a rhetorical question by the way ) Only for the reverse to take place in about 7 - 8 years time ? Never seen that before ! ( and that was an ironic statement ).
Thanks Tosh As my source intimated...this recent market turmoil will lead to a bun-fight similar to pre Big-Bang 30 years ago.....uncanny.......looks like this has some mileage
At a rumoured price of 80P - 90P, theres still time to wait and see whether this has genuine legs or not. Good luck to you either way. It may only be that the other two larger shareholders have lost patience, rather than the big one ? who knows ?
Thanks Tosh......viable and credible points you make...........high volumes as well gets me thinking
Yeah. Rumours were doing the rounds early... i sat back for a while, as with all these rumours, one always like to see a bit of movement in the SP prior to jumping in...., rumours are rumours ! Its definitely got legs though, especially when you look at Cantors business model.
made total sense to me. Look at Panmures corporate book. Even in their current plight, their catalogue of corporates is the envy of many city brokers and institutions. A great fit for Cantors and to a certain extent , Jeffreys, not so sure about Nomura though. IMHO
4 hours ago........wish I had heard then....they were 50-54! Don't know whether to chase them now DOH !
News travels fast.... ;)
i heard the same about 4 hours ago... also, chuck Cantor in there for good measure as well.. apparently, they may also be prepared to pay up to get their hands on Panmures corporates.
Should've kept quiet........10k trades at 55p.......now 54-57 in very thin market...."mind yer eye"
;( only just posted,,trying to buy 5-10k....and they're now 54-55! ;(
Couldn't help notice 15 month high volumes being traded in PMR....looks like a serious buyer happy to mop up stock around 50p......heard City whispers that both Jeffries and Nomura keen on bidding Quataris for their holding.....could lead to a 85-90p bid for one of the oldest names in The City
awful, Dan
Appalling results announced today. Ever since Wale and Warner took over the company has lost large corporate clients. they used to be broker to a big handful of FTSE 100 and 250 clients (Restaurant Group, ABF, PZC , SIG, Wandisco). All gone because of the awful client service they now get. Decent analysts all gone.This is a micro-cap stockbroker in terms of revenue with a bulge bracket cost base. With luck someone will buy it- only hope to get value back.
Hi DD, You make a good point but... ...if it continues to perform well, through demonstratable increases in its declared earnings, then it will eventually get picked up by commentators / mags / maybe even other brokers... ...once they tip it, many people will start investing here, and it will gain momentum / move into an upward spiral. Whether that means it'll truly reach "fair value" is uncertain, but I feel confident that the share price will rise from here, as the gap closes and the performance improve. For that reason there's nothing to lose from holding at this point IMO. VBR, Lib / Dan