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Given there is a greater than 3:1 buy to sell ratio isn't this heading the wrong direction?
181.00-182.10
Get a bargain price - won't last
two trades - both for 50,000 shares @ 186.07
What is MM strategy? Surely have to let it go soon - to find it's own level?
What would that level be?
Probably 230p at least - is my guess
Another leg up this afternoon I think. Anyway a great start to the week and the return to £3 and above. The sp is still in bargain territory imho.
Yes - was quoted while in an auction, before SP headed South to 188p
Currently 185.9-186.6 to pick up some stop loss triggers
Now 2.2 million shares bought and 700k sold
Cannot keep a good share down
Expect further improvement - in my opinion
Where are you seeing this price petertee? It seems to be heading lower or is this a tree shake before move higher?
Can 200p be far off?
Cost £95,000
Over 1.5 million shares bought now
Sells about half million
Buys now over a million shares
SP holding steady @ 190p to buy
Will not stay that low - in my estimation
It gets better. News just in that notification of institutional buy of 8 milion shares bought on 6/6/19 :)
Holdings in company
Go to RNS to read
LONDON (Alliance News) - Scapa Group PLC on Monday said Chief Executive Heejae Chae has agreed not to step down, and the company is continuing to pursue rights and remedies against Convatec Inc.
Shares in healthcare firm Scapa were up 15% at 187.80 pence in morning trade.
Chae's departure was announced on May 21, alongside the firm's annual results, and he had agreed to remain with with the company to ensure a smooth transition but will instead remain permanently.
"The board is delighted that Heejae has agreed to continue as group chief executive. The board remains committed to its strategy and believes it has the right capabilities and management to fully deliver its growth priorities and we will not be distracted by the recent claims published by ConvaTec, which we will robustly contest."
ConvaTec Inc is a subsidiary of medical products and technologies company ConvaTec Group PLC. Late on Friday, Scapa received notice from ConvaTec that it was terminating its master supply agreement with Scapa Tapes North America LLC. The agreement is a binding commitment for a minimum of USD30 million of revenue per year.
Scapa said it has taken steps to mitigate the damage caused by the contract loss. Assuming no further mitigating actions are taken, Scapa estimated revenue exposure in its 2020 financial year to be around GBP28.0 million. Profit exposure for 2020 financial year, which ends March 31, is approximately GBP13.0 million, including harm to other facilities supplying materials for ContaTec products in Knoxville, Tennessee.
Scapa does not believe ConvaTec had "any legitimate grounds to terminate the master supply agreement" and intends to "vigorously challenge and defend its rights".
Expect 200p before lunch-time
186.5-188.0
Just my opinion - DYOR
Just my wild guess
Auction again - stopped @ 183.6-191.1
Yes - I would expect so
This morning buys over sells by 5 to 2
Some tree-shakes happening - to be expected
Waiting for the next one to buy more shares
We are number 7 on the Share Risers board
Petertee I'd put money on this going back above 300p now that they have the bit between their teeth. They'll have drive now to drum up some new customers, wait for it :)
The markets will like the fact that the outgoing CEO has removed his intention of standing down as do I.
Halfpenny - Surely a rise back closer to 300p is not too far off?
Just now took up another £8000 for the ride back over 200 :)
180.40-183.4
176.9-179.8
Right off the bat
Currently 1.7%
so should not be much impact on dividend going forward
Halfpenny - yes certainly good news today
Hopefully should put the sp back to where it belongs now. It did however provide a great buying opportunity. Also great to see a company make a timely rns unlike lots of other companies with their heads in the sand just now.