Member Info for Bluelight

Its not doing any of that. Its in auction between 9.5 and 10 ish. HSBC buys have been blocked for the last 15mins

From a macro point of view that's positive for bond market conditions as it will make investors less interested in safe haven bonds and instead for look for better yields.

Good work from them. That's the kind of publicity we want

"I believe the Institutional Shareholders will have been contacted by the Company prior to the RNS on Tuesday (i.e on Monday evening) and given them a “heads-up” and then they can formulate “a plan”.
That wont be the case as it would constitute insider dealing. Any info that is likely to impact a shares price has to be released to the market en mass, not prioritising individual holders, regardless of holdings.

I was looking at this at 15p but decided to invest elsewhere. At 9p though its too good an entry point to resist, so picked up the first batch today.

For a bit of balance. Falling gas prices means that those margins increase, as the cost of the fuel falls relative to the cost of power, which is supported by coal and carbon prices (the latter in particular being a support to power prices)

Might well see a test of 100 today

You do realise Falk that by spouting the same nonsense 10 times a day everyday you lose all shred of respect from all genuine investors? It's funny yes, but as regards anyone paying any actual attention to anything you write, I'm afraid you are your own worst enemy.

Red. I am British and like you have also lived abroad alot. I don't disagree the Brits are some of the best you will meet, but the country itself is being run into the ground. Brexit debacle, horrendous leadership across the political spectrum, and what I can only describe as a growing element of a police state atmosphere. Currently still in the UK, but I'd expect to be in Scandi or Switzerland come the end of the year.

Remembering what a great country this 'was' more like Red. Personally I'm done with it, looking to move to Europe with a new job as don't like what the UK is turning into.

Ive read the same view on virtually every stock prior to ex divi. Investing is not about taking a punt on one daily price, its about taking a view on targets. Do you think the funds will be selling prior to ex divi, of course not. If in doubt follow the money flows.

Agree with fruit. Its madness to sell thinking it could drop by more. Theres a 50% chance it closes less than 17p down, then you be kicking yourself as you will buy back at an effectively higher prices. With divi stocks time is your friend, but it is the shorts nightmare.

I disagree with that spider. the buying has been people topping up and the likes of big funds buying back in. These guys don't buy and sell day to day, they build positions overtime. From experience I find ex divi dates rarely behave as you'd expect them to, and that generally buying / selling and buying again type strategies to try to second guess price movements virtually always results in you losing money (I've tried in the past with other stocks). Always better to buy and hold, particularly if future divis are good to.

Because it will open at -17p down on the ex divi date, as stocks always drop by the divi amount on open, thats how it works. How it performs on the day varies stock to stock, date by date. My personal view is that it will spend most of the day climbing, probably closing down around 8p. Most people invested here are mostly longer term yield investors, so it will perform differently to say a small company that pays a big one off divi. I see 300p before Christmas, in my opinion.

I find your comments dodgy Charlie, and thoroughly transparent. Worried about that short I guess, when all the technical and fundamental indicators are bullish. You have actually read through the annual results in detail I assume? If you had you would have seen your statements would be fully clarified in that. I suggest you have a proper read of it for a few hours, might save you some money.

Sure, I meant to say that 'Im surprised other investors didn't react more strongly to it (i.e. See a bigger share price rise). If these are buying up to 10% of the shares its a sign the big funds are starting to get back in. Only way is up now.

I think the only RNS you should be worrying about is the one on Thursday. Schroders doubling their holding to 10%. A company which invests virtually only in ftse 100 companies. Surprised more people didnt pick up on this gem.

3% short is jack all. I'm more interested in when the 17p divi gets paid because i imagine virtually every penny of that will be reinvested by RMG holders into RMG (myself included) so will be a nice rally then.

That's the issue for me, it's not known what level they will dilute at. I might have held and taken part in the refinancing if it had been clear. However reading it this morning meant personally I sold up at 8.6p. Can't hold with the statements like they were coming out with, too vague for my liking.

Yep. this is my core holding at this price. Happy holding getting a strong annual divi, and with alot of potential upside for the capital. There's very little not to like to be honest.