Member Info for BenHazz

This was posted a few days ago but seems to have gine under the radar - https://spnews-com.cdn.ampproject.org/c/s/spnews.com/api/amp/zotefoams-announces/

The price has dropped 8% in the past half an hour. This appears from what I can see to be based on no news, however whenever something drops around 2pm I always assume it is in some way linked to something happening over the pond in the US. Is anyone aware of any data or earnings releases to drive this kind of swift decline?

Slightly surprised how quickly the SP has pulled back in the past couple of days. Well over 10% retrace seems excessive. Hopefully some formal news in the next few weeks will reignite the SP.

Great news yesterday, a little surprised to not see an RNS this morning after the biggest announcement for the company in a few years. Any ideas why?

1.5 million shares traded this morning in 4 tranches. Seems like an institution buying or selling. Here's hoping it is reflected positively in the SP.

This will just be Teleios selling into the liquidity. Not surprising really. They have been doing it for a while now.

The last week has seen a climb up, probably on people expecting a resolution to the Exxon deal. I'm expecting the price to settle back in at around 150p. Anything lower and that's a little silly as nothing has changed from what we already know. Personally I was not expecting a resolution announcement today, Seplat would announce that as soon as it happened, they certainly would wait around for results day.

Was watching back the results presentation over the weekend. Listen in at 59.20 mins, he states " a large customer that are on the verge of" he then stops himself and says " have opportunity to grow quite significantly". CEO looks a little panicked and puts his hand to his face. Purley speculating but I wonder if he narrowly avoided dropping that they were on the verge of signing a new agreement/contract. On a separate note - all very exciting around Rezorce and good to see the SP respond late in the week.

The drop is simply due to the forecasts for 2024. They suggested they will do similar profits to this year. So why should the SP rise? Fine if you are happy to hold for divi alone. But if you are waiting for it to rerate with a market recovery, everything in the sector will rerate, so investers would rather sell up and invest in something with potential growth on top. Zero growth by many investors isn't worth their time. Too impatient to wait 6-12 months to see if forecasts get pumped up.

Results tomorrow. I worry that after the recent rise we need one or two of the following to prevent a pull back in the SP tomorrow, we potentially might not get any...

- concrete reassurance on the Exxon deal (a confirmation would be the dream but I don't expect they would hold that news back for results)

- A large special dividend announcement

- Confirmation that ANOH remains on schedule and has not suffered further delays.

Fingers crossed and Good luck to holders

Not so sure this will have much impact. The Naira depreciation hasn't impacted the SP so far as sales and profits are in USD. Seplat are also not looking to borrow in Naira at huge interest rates. They have a decent cash pile. If anything this reads to me that it's smaller peers that are being hammered by the FX rates.

It's an error, trade must be a typo, 6 instead of 9 . It's been recinded.

What is going on with the Bid/Ask spread at over 7%. It is a company worth 1/5 Billion, behaving like It is like a 10mil microcap! Crazy times!

Https://www.theguardian.com/books/2024/feb/07/house-of-flame-and-shadow-by-sarah-j-maas-races-to-the-top-of-bestseller-chart

The two ships have a combined build cost of 560million , the market cap is only 207million. Surely the SP rises on this news tomorrow...

I seriously hope so. My largest position so holding my breath this will be the breakout year. I must say the lack of news developments on the big exxon purchase do have me a little concerned but not enough to trim my position

On the LSE website it state the following:

16Jan24 Card Factory PLC Trading Statement

Next Tuesday would make sense!

£14,000,000 trade just gone through. Over 5million shares. That is some hefty volume. Hoping that now a big seller is cleared we might see the SP head back up again!

Hi SeplatWinner,

Are you happy for me to share this file with others?

Thanks,

Ben

Thanks for this - I got a little concerned that I'd missed something related to the deal when I saw the sells. Thanks for all the posts you guys put up by the way, long term watcher on the board who never posts. I've been in since the start of 2022 and I topped up in the past few days to take this to my largest holding. Really hoping we get the news we've all been waiting for regarding the deal in the next few weeks!