Member Info for Alfacomp

7pm here

Daisan, perhaps in the short term there will be some speculative gyrations as traders try and outguess each other.

Then reality will start to bite as any new trading conditions start to impact the real economy. At that point a new long term trend will emerge as the brave new world starts to take shape from the mists that are currently swirling about.

As someone who conducts most of my normal business outside of the UK (25% US, 20% Germany (50% Europe) 15% ROW) I am already advertising the fact that I am shutting down business for two weeks from the start of November. If my customers want my products they had better get their orders in beforehand as I have no wish to expose them to and add to the significant national logistics challenges that would arise in the extremely (million to one I am told) chance event of the UK leaving the European Union without a negotiated exit settlement.

There's little theory about it ninja - you cannot avoid the exchange rates. If sterling is devalued either by explicit government action or simply by the action of the markets, then US dollar, Euros and Yuan buy more pounds.

If further significant devaluation of the currency occurs we can all look forward to foreign companies buying UK assets at knockdown prices but not the ones, like BMN, that earn their crust on sales entirely outside of the UK economic bubble. These will be worth the same as they always were, just that UK investors will have to pay more of their folding stuff to own bits of them.

later today

The question of dividend is unconnected to the question of the exchange rate. Company earnings are earned in USD but the share price is denominated in sterling so if the former stay the same and sterling is devalued the company valuation in GBP will naturally increase.

ohhh gkb don't be sooo naive - the timings of these trades have regularly been coordinated with other trades so as to reduce the share price. Any genuine investor selling part of their holding does not do so in such a way as to reduce the value of their remaining shares.

beatthebroker - well assuming 25p average share price x 115 sells of £10K that is 4.6 Million shares

Perhaps I did not make myself clear.

This is not a random set of trades, delivered by multiple uncoordinated actors. That would yield a bell-curve distribution.

This is a remarkably consistent delivery of sells into the market by a single actor during a period of rather obvious SP manipulation.

JMC - 10.01K Sells have been monitored by the TBP trading team since the start of the year. Here's the numbers of 10.01K SELLS by month as determined by trade-by-trade modelling of the trading:-

January 5
February 16
March 16
April 18
May 16
June 21
July 7
August 16

Is it just me or does this look REMARKABLY CONTRIVED ?

the old grey cells seem to be grinding

warm

I'll not torture you any longer - they are 11 and 34

... but why ?

nope

nope

What are the next two numbers in this series?

10 41
13 22
11 39
11 38

and as if to prove my point they chuck in another one, but this time at a lower price.

Really !

sell at a higher price than the last.

That of course is not part of their plan.

that yesterday's incursion was so swiftly dealt with by LSE admin

AverageInvestor - you weren't here in 2017 and 2018 when that particular individual (nvhltd) plagued the board with some of the most disgusting comments I've ever seen on the LSE system. He was summarily banned at that point and has had to ply his particular brand of bitter nonsense over on advfn since then. I expect that admin will take the necessary action as soon as possible.

normally the rule is that a lie can be halfway around the world before the truth has got its boots on. Fortunately that is not the case here. Hopefully they can remove that whole, obviously disruptive thread