Member Info for barnetpeter

Yes most of the trades today are buys. Almost no sellers. Low volume since the RNS. A big increase in that could see the 52 week high quickly broken. Next week

I think so. I am in much lower...I think at 0.75 but I dont want to look. Not until at least 3p.

I can see these much higher and I think these are up 5 days in a low. On low volume. Which suggests the tipsters and publications are to come. When the herd turns up....well I dont want to ramp.

52 Week High 2.84

52 Week High Date 14-Mar-2024

52 Week Low 1.05

52 Week Low Date 26-Sep-2024

28 Jun 2024 Group of companies' accounts made up to 31 December 2023 are the most recent

They made 16 million gross profit on the last accounts but spent 17 million on admin. They dont need 6 directors, loads of senior managers or all the staff. I reckon they could cut costs by up to a third. AI would help. You can just feel the waste here. Do they need to maintain ten websites? They had millions in cash on the balance sheet but a good bit might have gone....the next accounts are not due until May. After they delist. They usually make two million in profits a year so these losses are unusual.

My guess is that the company just lost control of spending and has struggled to make the cuts needed. This delisting is a solid start I guess. Have a look yourself https://find-and-update.company-information.service.gov.uk/company/13451589/filing-history

Yes I reckon so. This is at an all time low by miles and this penny rally means nothing. The company is probably worth ten to 20 pence. They could have put it up for sale and easily got that or more. But major investors want a lot more. They paid a lot more and turnover is a million plus a week. It should be easy to sort this in the building sector...perhaps with a new experienced BOD. You could not start up a business like this for anything like the current mkt cap.

Fonzi. This is at an all time low by a mile. So the only sellers are those who bought in today. If you paid 30p for this....this tiny rally means nothing.

My punt is now safely back....leaving me a handy freeroll. Where is the next one ha ha

Laura put me on to VID at 30p last Friday. It trebled by yesterday. Great pick. I dont know what her trades are but that her business. I welcome the ideas and then it is up to us individually

I paid 0.525 here on average and this was easy to buy. Below 0.4 was tough. 2p is a reasonable target ....it will still have halved today. I will take my cash back today. I want a freeroll .....thats my way.

Bid now at 1.16p. Wow. From a low of 0.325 this morning. Well done if you got that price. I paid 0.45 and 0.6. Still 3 pence down.

The stock has trebled since August. It has a mkt cap of over £32 million. I think that reflects its prospects. Small caps are struggling at this time and there are rumours that a number of funds are selling all their holdings in UK smaller stocks and moving the money to the US. Hard to blame them.

April is going to be a bad month for companies with an incredible list of tax increases on the way. Forced sellers may hit stocks.

The rampers will tell you how cheap this stock is etc. Of course. They fail to mention the downsides.

CMO delisted today. It hit a market cap this morning of ONE days turnover. Incredible. This is not CMO but it gives you an idea of the risks in the small cap mkt.

Fully valued until we get news imo. That may be positive or negative.

52 Week High 3.50

52 Week High Date 06-Jan-2025

52 Week Low 0.555

52 Week Low Date 05-Aug-2024

Fallen about 60 per cent since the highs from just last month. Needs some very good news with the mkt cap over 32 million. Which it might get. Fully valued imo til then. But I am holding.

No. I suspect I have been in SCGL more than anyone else here. Many, many years. This thread is not about SCGL so butt out please.

Possibly because I have not seen such turmoil in a long time...if ever. CMO was valued at the lows today at just one days turnover. Never seen that (and I am not recommending CMO).

True Legendary.

VID was 28 to buy last Friday. It hit 86 yesterday. I got in at just over 30p and sold at my target of 85p yesterday.

This hit 0.325 this morning.....although I dont think anyone was allowed to buy at that price. 0.45 was the lowest I could get and I added more at 0.6. Here we are back at 0.9 .....of course nothing for holders before today.

Depressing really that the best way to make money at this time is to buy stocks that have collapsed in price and wiped out existing holders. The markets are very nervy at the moment and any adverse news leads to this crash. To put this into perspective the market cap here was about 200K at the very lows...that is about one DAYS turnover for CMO.

Not even valued at 700K now. Has a huge business.

Not going up of course. Just less down. In the right business ....building materials. A business got to be worth a million plus to anyone. The major investors will clear the £5 million refinance it and then sell it for 25 million plus. Easy money

It listed at 132p and the price soared.

CMO Group PLC ("CMO" or the "Group"), the UK's largest online-only retailer of building materials

https://www.cmogroup.com/

CMO....bought some. 65 million turnover and smashed to 0.4 this morning from 15p a while ago. A significant company going for a flat.

Dont buy Aim stocks. Any hint of delisting and they lose 95% instantly. The economy is in big trouble with minus 22 on the confidence issue. I predict at least 10 more aim stocks will delist by the end of April. The extra tax that is due in a month is just staggering.

I bought some early this morning. Looking for over 1p, 15 pence to 0.4. A big business being given away. Someone will buy this

"January saw the sharpest December-to-January drop in the Consumer Confidence index since 2011 falling to minus 22 as a further consequence of the recent Government Budget".

Minus 22. The UK is in big trouble.

6 million late buy. Headed for above 25 I think.