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Corey reckon1 many thanks . Much appreciated I can see a lot of effort there. Yes let’s hope it breaks out to £12 thank you
Jlovie - agreed, I've had that bookmarked for some time now. It is dated 2008 so some of the market terminology has changed, but the principles are still the same.
If anyone reading knows of a more recent article that is reliable and well written then please do share a link, thanks.
This is the best guide I've seen to the reporting of trades.
https://www.proactiveinvestors.co.uk/companies/news/81/idiots-guide-to-the-london-stock-exchanges-setsmm-0379.html
* 2nd Feb update, not January.
Yeah, I know, it's Friday night and I really should get out more :/
Have a good weekend.
I’ve managed to review a full list of the trades reported yesterday by cross checking data from 3 sources.
The total value of all those trades was £856,020. Compare that to the totals that you mentioned earlier - Buy £104,891 + Sell £151,938 = £256,829. The difference matches the total of the trades marked as ‘unknown’ - £599,191 = 70% of all trades by value not classified by LSE! It's the same % split for volume as well.
Most of those trades are ‘unknown’ because they were on mid price. LSE, and other similar websites, just run an algo on their database to match the trade price to the mid price at the time of the trade. If below they guess it was a ‘sell’, if above it’s a ‘buy’, and so any bang on the mid price have to be ‘unknown’ based on that limited methodology. Sometimes you can both buy and sell below, or above, mid price depending on availability of stock and the demand/desire of MMs to get rid of it – you can sometimes tell what the real active spread is by looking at the trade prices going through.
There were also two trades after close yesterday marked as unknown which is the LSE default for all late reported trades regardless of the price and spread. Same applies to trades above ask or below bid in the reported spread. There are exceptions to this which have appeared more and more recently so I suspect their algo is maybe a bit broken.
Buy and sell, i.e. the origin of the trade, are never reported by the market, it just reports that ‘a trade’ has occurred. Which is correct because there are two sides to every trade – you can’t buy unless someone else is willing to sell at an agreed price, or has already sold to an MM or other intermediary, and vice versa. So the whole concept of marking buy and sell is flawed to begin with. It’s just a tool that some data service websites like this one think will be of use to their members, without highlighting the limitations of it. And then it gets misused by rampers and derampers alike to mislead and suck in unknowing PIs on some shares.
So you can see that some of the trade info on here, other than the specific details that are reported by the stock exchange, has limited value as it can be unreliable unless you know what to look for.
Best wishes for a breakout over £12 – Half Year results on 26th might be the catalyst for that and I wouldn’t be surprised if there is a half-decent rise into that date, despite the lack of detail in the January update. We can only hope...
YouGov have been traded much more since last October . Much of 2023 vey little amounts of trades . Some big volumes were traded and reported late . I do recall 3 mil worth of buys back in July 2023 late report and Sp not moving .
It appears to have more pi ‘s trading it given the rise in trades with way smaller amounts than what was the few large volume big investors.
Yes top slicing at £12 would have certainly have worked 2 nd Jan - Three weeks later back at £12:20 having had a dip Three weeks later back at £12:20 having had a dip sub £10.50
Thanks, Much appreciated
"A lot of the big trades are at mid, so it depends how those are counted." - Yeah, that's the crux of the problem.
Mid price trades are marked by LSE as "unknown" because their algo can't 'guess' what the origin of the trade was (it's never reported by the market). Late reported trades are also marked as unknown. None of the unknowns are included in the daily totals, on either side, so they are both well below the actual total value for the day and therefore unreliable.
There's a bit more to it than that but I want to analyse yesterday's data first to give more confidence in my reply later.
I'm not sure about the accuracy of those reports, they're just an estimate based on midprice.
A lot of the big trades are at mid, so it depends how those are counted. Often has big late reported trades too.
This share always seems to have odd trading, I've never worked out if it's daytraded heavily or if big funds shift in an out (or both).
I'm tempted to topslice every time it gets above 1200p and look to buy back when it drops again, but haven't tried that yet.
As a premium member you must have access to historical data that I can't see, I can only see totals for the current day on here. I have downloaded data from elsewhere but need to do some analysis on it first to confirm my answer to your query. I'll post back later today (evening) if I can.
On LSE trading platform . Reported £151.94 k sold / £104.89k bought .
Where are you seeing yesterday's data?
Yesterday sold one third more than buys, and the price went up . Today hardly any trades and it’s flying ??
There seems to be a lot of word cheese in that update and a distinct lack of numbers (i.e. none!). I never like the use of the word "resilient" in the absence of anything factual, will keep it on watch for now though until HY results which are due 26 March.
Well spotted - today's rise in anticipation?
* to be confirmed but the date has been on here for a couple of weeks without change:
https://corporate.yougov.com/investors/financial-calendar/
Shouldn't today's RNS have included some kind of numbers as to how this deal has been constructed?
YouGov plc posted its FY Results for the year ended 31st July 2023 this morning and these reported strong performance amidst a difficult trading environment. Revenue growth was 17% to £258.3m, adjusted operating profit was up by 33% to £48.3m, adjusted profit before tax was up by 63% to £56.4m, while adjusted EPS was up by 71% to 40.5p. The balance sheet remains strong with net cash at period end of £107.2m up from £37.4m a year earlier, £49.8m of which relates to net proceeds from the equity placing completed in July 2023. Valuation is a little unhelpful with forward PE ratio at 15.9x in the bottom quartile for the Media & Publishing sector. The share price also remains in a near 2-year correction and lacks momentum accordingly. Monitor for now...
...from WealthOracle
wealthoracle.co.uk/detailed-result-full/YOU/810
Wow that’s good trading !!!
Bought in this morning at 740 and 760, great results and continued growth.
About time!!
Nice jump in profits again
The share price is saying this does not make sense - time will tell.
More and More big buys coming in!
01-Sep-23 12:03:07 872.50 8,561 Buy* 860.00 880.00 74.69k O
01-Sep-23 12:03:07 872.50 8,561 Buy* 860.00 880.00 74.69k O