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All buys at 49p yesterday which was the bid price and today the MMs drop it yet again today. Totally misleading pricing ….
BRV Capricorn
All trades at 49p were buys! Ironically I could buy at 49p and sell at 49.01p…. SP being intentionally subdued. Now what’s that called? Market manipulation… or abuse ….
BRV Capricorn
All trades at 49.4p are buys. Wtf are the MMs doing? Unless they’re on a big sell and matching such but same as yesterday and no later trades. Playing below mid and distorting buys / sells is improper!
BRV Capricorn
Clearly the MMs are trying not to lose on a widening spread and volume of purchases so are manipulating the price and scaremongering trying to create panic selling at 49.15p. This company is a well oiled machine and the SP really is not reflecting true value. The CEO knows this and no doubt will be acquiring more once results are announced for 2023 & 2024 year to date. Solid growth, M&A in pipeline plus a good dividend. Hoping these will reach at least 70p in the coming period…
BRV Capricorn
Hope to see these rebound but new contracts need to be converted with AI being marketed more aggressively to deliver off the shelf solutions developed already by the company. Hope to see these rose as quickly as they’ve fallen. Target sp still has to be 20p as these have been seriously oversold on what news…no news? Expansion in Asia continues although not heard more on the new London office ? DYOR but 20p can still be a milestone as news of new contract wins come to fruition.
BRV Capricorn
Hoping to see buyers coming in for all the good reasons noted previously. A prudent and respected chairman and CEO who owns a significant amount of equity and both continue to buy shares in open periods.
Solid 2023 with profits dipping slightly due to market headwinds and higher costs of borrowing (gearing) which was significantly reduced during the year. A good dividend going ex 23/5 and paid end of June.
Trading for 2024 should hopefully remain steady and the fact that the lenders have extended the loan facilities until 2027, suggests things are looking good for the IPO commitments being fulfilled by 2025.
Plenty of demand for the shares currently so 75p hopefully will be breached with sentiment of increasing market share and targeted M&A in the pipeline no doubt- DYOR
BRV Capricorn
Volume is picking up and looking good for a massive rise. The lenders are clearly very comfortable with extending this amount of credit. The market cap is less than the credit facility which confirms how discounted the SP really is. Trading update, increase in final dividend (they’re paying!!) and 2023 final results are due next couple weeks!! Expect a massive rise…. DYOR
BRV Capricorn
Monday mainly all purchases as the MMS were selling below mid. Yesterday the same and they market it down considerably. Again today buys showing as sells. Disgraceful pricing regime and now they widen the spread…pure greed. Looking forward to solid results, a good dividend and confirmation of a good start to this year where IPO commitments may be achieved!
BRV Capricorn
Good dividend to be declared for 2023 results and 2024 trading statement should result in a positive buying reaction coupled with M&A activity- not sure what but something is cooking…
BRV Capricorn
I can see this marching upwards to beyond 60p in the nexts few months and this certainly is undervalued based on guaranteed future successful royalties which provide major revenue.
BRV Capricorn
Last opportunity for buying these at this ridiculous give away price….
BRV Capricorn
I remain bullish here. A big seller on the book, and maybe the former CFO?
Unless news has been leaked this has been well oversold and massively undervalued ..
BV Capricorn
Tom - see 24/1/24 RNS (trading update) - profit was slightly down against very tough market conditions. The below are not my words and I’ll leave you to work out the rest. BRV Capricorn
………..
“The recent trading update evidences the resilience that the group continues to show throughout what have been challenging market conditions across the sector, notwithstanding inter alia increased interest rates and the macro-economic backdrop.
A key tenet of the Lords Group culture remains the development and support of our colleagues and, with Chris having previously taken on additional operational responsibilities as COO alongside his CFO role as part of his ongoing development, the Board had taken the view that (in the event that the transition became even further operationally focussed) a process should be commenced for a CFO to work alongside the rest of the existing executive management team. This commencement of this process has therefore enabled the Board to be well advanced at the time of Chris deciding to take up another opportunity. We wish him well for the future and he leaves as a member of the Lords family.
We remain aligned that the long-term prospects of the Group are not currently reflected in the share price”.
…………
Should see the rapid rise over the coming days in anticipation of good news.
BRV Capricorn
Foolish comments. Senior lenders will have unmixed assets and start from scratch with so much red tape they won’t be going into admin… the market will be sensing positive news ….
BRV Capricorn
Notice of results should be out soon for FY23.
Expecting a solid set of final numbers and a good dividend.
The next acquisition shouldn’t be far off.
This company will be a firm target at this super low and undervalued SP
BRV Capricorn
Slurms - yes. It’s done, watch the SP rocket….
BRV Capricorn
It is…game on…
BRV Capricorn
No administration - we are not far away……solutions are coming!
BRV Capricorn
Expected this to be at 65p by now. Everything I’ve said will come true but for whatever reason the MM has fooked around and purposely kept it lower. This will be a great year with strengthening sales, growth, acquisition and a higher dividend .
BRV Capricorn