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It will be interesting to see the price action on Monday 15th May.
They gave everyone a day's trading notice when they announced the suspension and the shares dropped nearly 20% on Friday.
So maybe anyone who bottled it are already out.
Assuming the auditors finish their audit on time and no issues then the sp should stabilise.
The open could be quite wild though as the market "finds" a price.
YemR1man
I'm just here to try to protect newbie investors from getting ripped off.
I shorted this crazy company from 270p to 118p and made a packet while the bulls on here berated me continually. I warned investors to be very carefull if going long, but I guess some people still gotbdone over.
This company has been abondoned by serious investors a long time ago as it was clear it's run very badly.
Good luck to those who think it will bounce back to. 200p.
Cheers
Barcap
So on Tuesday 2nd May the company has been forced to declare a number of "typing errors" in the results figures.
This could not get more ludicrous.
A company run by idiots.
And the shares in suspension also.
What a mess.
Cheers
Barcap
I remember in 1992 Alan Sugar owned 35% of Amstrad and the share price had collapsed to 28p.
He tried to take it private for 30p a share by offering to buy the remaining 65%.
The city rejected it and just by coincidence a few months later Amstrad launched a world beating PC which sent the shares into the stratosphere.
Whether Alan Sugar knew he had a world beating product in the pipeline in HIS company (TIC) and tried to get the company on the cheap, the investors certainly didn't and thought the company was bombed out.
Is this a rerun at AWE?
My longer term view is that this company will eventually fail and go belly up.
The directors are clearly of very low quality and trustworthtness.
They took the IPO investors for a lot of money and I expect this to eventually disappear.... Who knows where!?
The directors have done well but everyone else has been screwed.
This company is a total joke.
The results haven't been fully audited in time and so they are forced to suspend their shares from 2nd May to 12th May as they are breaching LSE auditing timescales.
Unbelievable!
As I've said many times, these people can't be trusted
Cheers
Barcap
The markets have taken a bit of a battering and VOL has managed to hold steady and move up.
Mainly underpinned by strong results and future earnings but also takeover rumours which eventually will come at some point.
Long term this is a no brainer so sit tight through the volatility.
The market makers love to shake the tree sometimes to get weak bulls to sell their VOL shares.
Onwards and upwards.
Cheers
Barcap
Yes, as expected great results and the share price has been well "underpinned" as I stated in my previous post.
This is a "tuck away" in the pension pot share as over the long term it will do very well.
It's been a bit rocky recently but if you know it's a good successful company then it's a good time to top up.
Hopefully over the next 5 to 10 years it will outperform the market significantly.
Cheers
Barcap
The Towers
Even though the share price has gone sideways for a while this is a very well run company in a growing market.
It has very little risk and is trading profitably.
I expect good results on the 9th March which should underpin the shares.
With some private equity firms running their ruler over this one then the sp will either rise over coming years from improving profits or in the short term from a takeover.
Patience is the key here so don't lose faith.
Cheers
Barcap
The Towers
Unhooked and Shearclass,
Agree with your sentiments totally.
A perverse conclusion from big director buys is that no unexpected good news is due in next few weeks as this would be deemed insider dealing.
So the sp is not due for an imminent uptick!
As for his reasoning, who knows.
It is a company of smoke and mirrors so it still is best to remain cautious.
My April/May target 50p
( Unlike Barclays who continually over rate this share relative to current prices).
Barcap
The Towers