Member Info for BarcelonaBill

This is a tough one to call. No news, price surge yesterday on miniscule trading, continued rise today may be caused by increased trades but nothing exceptional and yet it's only fighting its way back to a level of 3 months ago. We've had a couple of minor tree shakes yesterday and today. Brexit shouldn't have affected it that much as a lot of their business is In the Far East and USA. I always show an interest when a price rise comes around lunchtime - loose tongues during a good Company lunch and word spreads quickly. Normally I would expect a holdings RNS soon or news of a bid. This isn't one to fluctuate like PAYS so, barring any bad news, I'm hanging in there for the ride. Roll on Panmure Gordon's target of 744p. Weren't you in UTW for a while?

Things are excellent here but whenever I say that it tends to go horribly wrong. You're right, I think, FXI is massively undervalued and I fully expect a good rise into results in November barring more contract wins beforehand. As you say, the cash collection 'problem' reported earlier this year was taken wholly out of context and I fully expected a rapid rise back as soon as they issued the RNS clarifying the situation. I work on the Naked Trader's basic principle of valuation being 10 x PBT plus cash just as a reason to buy in. Based on this calculation it is indeed valued woefully low. MCap should really be 100m+ on latest figures alone so I am looking for over 200 before I consider top slicing. Other than this I have PHTM, thinking of cashing out but may wait for the special divi, a much smaller holding in PAYS and loads of cash. I don't know if the market can sustain much more of a rise without some profit taking. If it does then great for everyone but I lost too much in my early trading years by being greedy. Learnt my lessons and reaping the benefits now. GL.

Hi GS. I sold up a chunk of PAYS this morning and got in here at lunchtime. I know it doesn't usually take much to move this SP but just seconds after hitting the buy button, for the second time, it went up 3.5p. I didn't think much of it at the time but I just looked and it's a further 18p up. Something is happening here and it's not within the normal trading style I associate with this one.

Was out at 7am as advised: http://www.investegate.co.uk/paysafe-group-plc--pays-/rns/trading-statement/201605250700112051Z/ Positive and ahead of expectations.

There was an increase in the SP last Wednesday, the day before ETO denied any approach. RNS tomorrow or is something else happening behind the scenes??

All going very well it seems. http://www.investegate.co.uk/fusionex-intl-plc--fxi-/rns/trading-update/201604180700084459V/

Is it not odd that ITV have not issued a statement or RNS also denying the rumours? After all, it affects them as much as ETO.

No approach has been received by eOne - YET! Will ITV make an announcement? Surely, any bid would have to be at least 220, probably in the 240s to be successful. Whichever, there has been previous interest in ETO so could well bring out more approaches and an bidding war IMHO.

I have to admit to having sold my remaining investment here a couple of weeks ago. Not that I don't believe this is a good investment but, having made £000's here throughout the volatility on AIM, I couldn't see that same trading opportunity now that we have settled into the main Market. If this drops below 400 (unlikely as it may be) I would have another dabble but I will probably be back in before the next results are released. In the meantime there are a few other temptations out there for me. I share GS's sentiments about PAYS and agree fully with his observations. Top notch and professional Company to date. Can't see things changing in that respect.

Aguero, that's a new one on me. My experience of such transactions is that someone has just wasted their trading fee by not reviewing their input before pressing the buy/sell button. Either that or it is some desperate trader trying to create a situation to move the share price.

Here we go!

PAYS (even as OPAY) has never been a leaky ship, always most professional. If it were an industry sector problem I would expect those such as WPG to be affected also but, no. MMs trying to trigger stops IMHO. I hope so as I have just bought another tranche on this dip!

Corks back in a mo. Treeshake? Shortage of shares? Find out a bit later no doubt.

I sincerely hope that you are right and common sense would agree with you but I've never seen much common sense in the markets so I always like to prepare for all eventualities. GLA. A good rise and I will be ploughing some more profits into FXI in time for their results next month.

Do not be surprised if the SP falls tomorrow regardless of the numbers. MMs may still need to load their pockets with cheap shares before the FTSE250 entry in a week or so. MMs have, historically, been very active pushing the SP up and down when it suits their needs and many have fallen for their tricks and lost out.

Looks to me an attempt to mop up stop losses, I hope. Still, we'll find out soon enough.

GS - you are a mine of information, as usual. Thanks. Hopefully it's before the 18th as I have a job on and this owner doesn't like me running up the SatPhone bills.

My interpretation of Level 2 says that shares are being hoovered up as the price drops and the MMs are doing nothing about it except lowering the SP ever further. With this demand the price should be rising surely? Can anyone else see this or am I getting confused?

Looks like someone is being let in the back door here and cheap. ETO needs to release the trading statement like they have done at this pooiint in the last couple of years.

Hey GS. Didn't notice you there. Are you in at FXI yet?