Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
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Looking at the charts if we close today above 50p the coast is clear until we hit around 70p over a short period time because the reversal is ferocious with high volume.
I strongly see analysts jumping in the party and people like Zak Mir noticing the chart and giving us a shout out. I wouldn’t want to be in anyones shorts who sold expecting to get these cheaper.
The market has spoken due to the fact that the Directors have restored faith with their buys along with Henry Spain. Any shorts are getting burned today simply because we have smashed through the 50DMA with high volume and a clear reversal pattern is in place. This is still well well undervalued given that we haven’t reached the capital raise price of 50p.
Peakyblinder
Did you manage to jump back in. I hope so because we all want to make money and it’s still not to late. 47-48p
To buy
Well judged Jam....
Well done Daniel for buying some .
Hats off to Tina for buying even more than her bosses
Let’s go to the moon
Kosh
You now know know they wasn’t sales and they were filling a order for 215,000. You get the feel when they are playing us to try and get your shares because the try to offer a good selling price close to the buying price to tempt you. It’s all positive though so hopefully it continues tomorrow
Could have been Albert doubling up
On a serious note look out for the RNS tomorrow as some big buyers today. I think the smart thing is follow the big buys and sit on it. I started adding recently again and will be picking more up. Think 50p will be tracked down quickly
Doubt they were sales. Sometimes they show wrong
5 sales gone through and the selling price goes up, signifies a large buyer to me.
I suspect the 50,000 unknown today is Daniels purchase. We will find out tomorrow
ROFL
Kosh
Not a chance. Time to call out Daniel Quint. Surely he does the figures and so hopefully he can make a decent purchase after all at 10p cheaper than capital raise surely with his skills he must know a decent investment!. Time to top up Daniel and Jamrock will give you a break.
After all Kosh Albert did say him AND Daniel intended to buy however small the purchase
Finally!
Hope JR will finally shut up about it :-)
And the SP goes down...nice one Albert..
Well done Albert ,
At last , now you know how to do it , buy more
What amazes me is that we all seem to be saying similar things like all the bad news factored in but what bad news did Staffline announce!. They were in line with forecasted results. A decent explanation for revenue fall and projected revenue to be factored in from restart and full BMW revenue etc. These were just a normal set of results in a company going through a transitional period and off loading non profit or low margin parts. The results were not bad at all and they actually turned in a profit on way less turnover so we should be careful how view them in my opinion. I think we will do fine and think the government may need to offer foreign workers special work permits to help with the labour shortage to fight inflationary pressure. Also our debt is hedged so interest rate changed will
Have little impact
All the bad news is already factored in.
This can only go one way.
Ive bought at 20p previously and sold at 50p also bought at 30p and sold at 45p.
I bought again at 39p recently so hoping to get nearer to 60p later in the year.
Henry Spain now has over 28m shares and still buying. This is definitely a takeover target in my eyes. I wouldn’t be surprised if HRnet didn’t top up soon enough
Henry Spain knows they’re cheap. Time will Tell. But three transactions showed on LSE so is it a duplicate. Anyway at least Henry has put his money where his mouth is. Now come on Albert it’s your turn.
Bet he's desperate to average down, he brought way to early...
Are the three 350,000 all the same or different ones from Friday?
What a buy 350,000
I agree, but this mess is just starting...
Peakyblinder
Anything is possible but markets usually forward think and I’d suggest bad news is priced in and the results never warranted a fall. Are they in as bad a position as they were in 2020. The answer is no in my opinion but that’s just mine. Anyway I’ll be happy to pick some more up cheaper if they did fall and wait. You only lose when you sell out.
Sorry Jam, think low 30s are coming... Just bottom draw it and wait. Maybe top up when they come to the shareholders for more money?