Member Info for bewareshadows

As always it depends on your timeframe. If you are looking to make money in weeks or days, then this is still a fairly volatile share. So don't expect 3% every day. I think there are still some up's and downs left in this share. For me I would be cautious of buying more at this level, purely because me breakeven price is very close 560. In fact with the Dividend I am almost there. I plan to reinvest the Dividend at this level. But I'm not sure how much further past 600 this will go in the next 12 months. I'd hope that mid-year results would show further declines in our debt levels as with interest rates on the move, in-debted companies are going to be the ones that struggle IMHO. A small increase in revenues would not go amiss either. But happy to hold at the 600 level for a while. If it drops to 490 or below I'll invest more.

Good luck ifonly. I have a feeling you may have missed the 400's unless oil dips back to circa $62. But who knows in this market. I'm thinking of playing with a reduced trading pot, between 505 and 518. Small gains whilst letting the bigger investment ride.

To be fair I'd rather have the scrutiny. It does not eliminate fraud or bribery but it certainly sets a higher standard. If we had a hands off approach then I'm sure we would all be screaming blue murder as corruption sinks our capital investments. There is a reason London and New York are some of the best and biggest financial markets in the world and that oversight and accountability is part of the reason.

Just cashed in my funds so have some capacity to trade this as well as hold long term

There are so few trades here how anyone can talk about support and resistance levels on such and illiquid share is beyond me. Looking at the financials the debt is still a worry as is the direction of the cash flow. I was tempted a few months back to dip my toe in when the buy dropped to 0.17p, as it happened I decided to double down on PFC instead. For me this is a gamblers share, but with a spread of 33% then even a 22% rise in the SP means you can't get any return on these jumps.

There will always be a difference of opinion. Thankfully the market seems to agree that the right choice has been made.

A strong bounce back this afternoon.

World Markets getting an ass kicking. Bloody trump interference. Yeah a trade war just what no one wanted. Will do well to hold ground today. Fortunately oil is holding up, all my other investments are going to tank.

'If only' must be cursing like a trooper at the moment. Been there myself when you decide to cut your losses then suddenly the SP jumps. Lost out on trippling my money in GLEN. Then sold too early in HSBC after the referendum.

Should get a nice little up lift from the oil price tomorrow as well.

Very pleased for the holders. I never thought I'd see this up tick again. A good day.

Are there not rules that stop people inside a company buying before a significant announcement, or conversely selling up prior to an announcement? Would he not have bought now because this maybe the last announcement for a while?

Sorry I'm an idiot. 2m shares worth 10m quid

Not to get bogged down in the detail. But is it 2m or 10m. Hark PTC Limited, of which Ayman Asfari, the Company's Group Chief Executive is a beneficiary, has purchased a total of 2,023,800 ordinary shares ("Shares") of US$0.02 each in the Company at 494.113 pence per Share, with a total consideration of �10 million.

I'm currently getting my arse kicked in my India fund. Gone from 20% up to 6% down. Gutted really as I did not see it coming, India looked and still looks like a potential growth economy.

Cheers. I think I follow what you are saying. For me this is getting closer and closer to a break even sp. I really want to hold long term, but also want to bank some profit.

Bluelight: I think you have lost me there. Short term technical long/shorts?????

They may just pay the Dividend, they would have had to have done the same for the interim Divi. It all depends on what their selling price was, some who sold in the 420's will be starting to look over their shoulder. But I imagine a lot of these shorts would be from 600 or higher (1200p). So they have time and money on their hands to play with

I'd imagine a few traders will have auto sells set at or around 500. People love round numbers

I'm only asking for 500 that's less than 1%. Surely that's not too much to ask on a bright sunny morning.