Member Info for 42trader

Well I just bought a grand here. Happy to add on further drops as well though I don't think it will drop a lot more.

I'm guessing R1 and TAP are down today on brexit news as well as international news.

They don't know the value of the contract. Star has said there is no minimum order so they really do not know how many will be sold. They do not expect a fast amount in 2019, but I'd imagine it will have a snowball affect as fuel is faced out and electric becomes the norm.
Certainly one to hold for a few years imo to see the true benefit of buying at this level. Ofc, this is still high risk as anything could happen but it is starting to get exciting and this is just one of many products Star has developed.

Foxy, I understand your pessimism but try to be positive. These type of shares can take years with so many failures. Star is surviving and looks to be one of those companies that actually make it. Ridler hasn't always got it right, and no one ever does, but he certainly did call it right about ATT.

atb

I was just revisiting the chart yesterday, deciding whether to add more or not. Decided I would hang on in hope of 1.3p. Looks like I missed that one. Hovering on some minor resistance atm.

As usual, up first thing (4%) then sold off. Must be good to trade very small amounts.

Didnt say they did, but if they did, it would be a calsberg.

1onic, lol.

Looks like a good shorting position.

I hold a reasonable holding here, ut in a way i want this to drop to 13.5p, where there is a shed load of support, so i can add another shed to my holdings. Either ways, we just have to wait.

Tbf, this company has always over stated, and under delivered.

The clever do both.
Find fundamentally good companies, then buy the dips.

When u got time, throw me an email.
42percenttrader@gmail.com

I miss Rachel every day xxx

Ouch, yes ofc I would of been happier to of seen more profit and a continual rise. It may well happen. But I do see the rns as a warning and it opens up more questions to me. So, it makes sense to me to take my small profit and watch. Most of my trades these days are for 20-50% profits and the only reason I held so long was because of the merger news where I thought the sp would go higher than it did.
Anyway, I wish you well in your investments JinkyJ and hope you make a fortune.

gl

Well it's all speculation. It may be something or nothing.
"which management expects to impact performance of this division in 2019", is a very negative statement followed by, as you stated, the company trying to justify the merger which I find strange too, as it has been implied it is a good enough done deal. Who knows?
For me personally, I see no need to take a gamble here, being in profit when I sold and I am happy to hold cash in the run up to 29/03/19.

That is true.
What he was suggesting though, is the market does not believe the accounting figures and that is why the sp of Tap has fallen so much over the previous year. Whether is is true or not, you can guarantee the ordinary pi would be the last to know. Maybe it is just a coincidence that Tap have now issued a profits warning. With the merger going on it could be a long time before the pi (if ever) will find out more details of this profits warning.
Having a low average, I was able to still make a profit and so decided not to take any risk here.
On the plus side, support is holding the sp and the gap up from the merger news has now been filled.

Today's drop here is on the back of the profits warning given by TAP today.
Currently Tap is bouncing off support. Whether is hold or not who knows but I'm taking the moment to exit with a small profit (gutting I didn't sell at £2.50). Best of luck to everyone.

I'll leave you with an analyst (Graham Neary) review from tap's previous update.

"This bombed out Israeli company reports that 2018 was in line with expectations.

It claims to have net cash of $54 million (£42 million), i.e. one third of the market cap.

At the start of this month, it suspended its share buyback program to enter talks with a potential acquisition target. These talks are ongoing.

My view

If I held these shares, I would want the buyback to proceed at this share price. According to Stocko, it is trading at a P/E ratio of 4.4x and an EV/EBITDA ratio of 3x. If these numbers are real, it is a no-brainer to invest in its own shares rather than buy a new company at (presumably) a much higher valuation.

Taptica's previous CEO resigned in December over his role in a fraud case involving his previous company.

As we noted in relation to the Patisserie Holdings (LON:CAKE) fiasco, fraud tends to be an endemic or widespread condition at a company, rather than an isolated problem.

There is no suggestion that Taptica International (LON:TAP) is a fraudulent business, but the prominence of the previous CEO's role in its IPO and management heightens the risk that all may not be as it seems.

I view the suspension of the company's share buyback program as an amber flag and a bad decision for shareholders. The market is saying Taptica is a broken business and is refusing to pay a reasonable price for its shares, and Taptica itself is doing the same. The implication is clear enough."

Looks like the market approves.

Well, there you go as leaked out. They can call it what they want or describe it in another way but in the end it is what it is, a dilution of the shares. At least they are not affecting the bod as badly as the ordinary pi. Still, if you bought at around 1p you will have made good money if you sold on Friday. Certainly not a share to hold long term but one to trade.

Ahh, good to know that anything that comes out of manchester university will be a winner. Any idea how many more years the company may run at a loss?
Regarding that othercompany you mentioned called Nano, isn’t it a subsidary company of HAYD, as well as their other subsidiary company Haydale Ltd?