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And look at those chunky buys......some others are getting positive too

(Courtesy of iii) intermediate term - 5 bullish technical events - for me its always moving averages that I look at. 21 week crossed on 1st July 50 day moving average crossed on 7th July Double moving average crossover (21 week to 50 week) - crossed on 22nd July Short term bullish confirmed with yesterdays close - with 47p the initial target then 59-65p area Confirmed breakout Best, Matt

Yes. I have a feeling it may open up and keep going so thought best to jump in. I may have gone in a bit too heavy but like I say, I was in it for 3 months and waited patiently before getting out at break even (about 37p I think). I then went elsewhere but kept an eye on it. More comfortable investing when it's breaking upwards....so let's both be lucky! Are you any good on technicals? Ps volume was pretty decent in the end! Matt

Had to pay 43p and a wee bit but happy with that. After having been following this and being in it for 3 months this is definitely a breakout. (And I've added some volume :-) Anyone got any technical knowledge on this? I've seen the way it's been able to pay off debt so believe it to be an outstanding recovery stock.... But I know nothing..., Best, Matt

Not massive volume - only just about the daily average with 90 mins to go. Have an order at 40p but watching closely..... Cheers

Hi Ta-trade, Can I ask what you mean exactly? Do you mean because it just appears to be breaking above the 40p mark (which its bounced around for a little while). Also, I've been trying to see when next update is - early August is my best guesstimate.. Regards, Matt

Previously they have said results inline with expectations.....but I can't find their "expectations" anywhere...... Anyone else watching this? Matt

Didn't see this coming but.....would be a great purchase price if it does drop back..

Certainly a lot more than me..........must admit tho that I feel this has got the makings of a massive turnaround. I have followed LMI and missed the boat massively on that one. Looked at most recent annual statements for both (I know its PT vs Fe) just to see debt levels and annual income to see if there was much similarity. They were not too dissimilar - tho LMI would appear to have way more current liabilities and a much larger asset base (plant etc). I feel that when the debt level falls here (would love an update) then this could really move. We are paying too much interest.....manageable but don't want it! If I can hold steady I see £2 in 24 months. Matt

Since the 29.5 on 26th June - last 2 weeks have shown promise.....so I'm hoping upwards. Come on....dip your toes in :-)

Volcano, Are you in yet? Looks like we are starting to turn.....

Looking at the fundamentals tab and most recent IMS - I'm still unclear as to how much strain this company is under. Whilst I recognise it has busier times of the year and some off season, is it making enough profit to service its debt? How much of a drop would cause it real problems? Anyone looked at this in real detail? I can see current liabilities same (roughly) as 5 years ago but almost a billion less assets? (Just to prove i've looked). For clarity I am not a current holder but will consider a dabble when the dust settles (possibly). Best of luck, Matt

Sorry bud - no excuse really for petty sarcasm. I do apologise and I do certainly take your point that this may not be a winner. To be fair there are some Q2 production reports out on the 2nd July - they normally give a pretty decent update. The future may be clearer then. If you have looked in to this share before - they may be worth a peek. PS I'm 20% underwater on this pup so couldn't you have shown up a couple of months ago? Best, Matt

This company is paying off debt at a more than acceptable rate - pellet production has been increasing and it has all the makings of an excellent recovery stock. There is about as much chance of it going in to administration as there is of an experienced poster turning up and spouting claptrap....... But i'm only looking at a pattern.....

Come on lets have a wee bit of positivity surely?

Has anyone got up to date short info? Is there a possibility that people are booking profits ahead of results? Any thoughts?

Ocado that is. Boom feckin boom!!! Got in at 2:51 yesterday and am praying for shorts to reduce soon. Was hoping for a quick in and out....literally. Not sure if I want to be in for the results or not......I'm thinking I may stick. Bring it on

Very tough share to call currently - yikes

Great title and I feel the same. If 30p breaks I may jump and look to buy back in - but (kiss of death here) - it's seems to be holding quite well. A bit of clarity on debt payments would be very helpful right now. Best, Matt

If it does drop lower I will have to double up - looking at the AGM statement from 19th May, they paid $103 million dollars of debt and interest costs from 1st Jan to 30th April. If they are capable of such cash generation when the debt level falls this could be one fantastic recovery play. FWIW I got in too high recently at 38.71 (5K) and am 1100 down. Not overly concerned tho as firmly believe in time this will look massively different. Best of luck