Member Info for BodRuncie

Nothing really the company can do if 2 big holders decide to dripfeed sells to fund other ventures.

Nothing wrong with the investment case imo, just need to be patient. You'll be able to tell they have stopped selling because we'll see some decent rises.

You can sell out if you're frustrated, you can try to time the market to get back in cheaper, or you can be patient and wait it out. PIs are always the last to know when big drops/ rises are going to happen, so the best weapon we have is patience. It's not easy to watch this drop 1% every day despite buybacks and Royde's purchases, but one day the share price will be 200p+ and I want to be sat on a big profit when it does.

ITX projections look like FY 2023 being breakeven and FY 2024 being profitable. By the time ITX is profitable, the share price will be much much higher than 5p.

When that price rise happens is subject to debate, economy, company sentiment, market sentiment, etc...

If people are patient they will be well rewarded. If people wish to try to time the market then they are free to do that but risk missing out on the up days.

There's no way this is closing 40% up in the current climate. This won't even close at 6p. I'd be happy with an "up" day.

I have very high hopes for ITX but I'm aware that many companies in my pf are in a similar position of dealing with the global uncertainties.

I've been in ITX since 2018-19, at an original price of 1.3. I didnt sell anywhere near enough at the peaks, and went large over the past few months with an average price of around 4p.

So many impatient investors on here! If there are no fireworks this time, then there never will be!?

Supply chain issues, Brexit, inflation, cost of living crisis, lack of stable UK government and general market fear have contributed to an environment where people aren't confident in investing at the moment.

There aren't really any UK listed companies that have fireworks at the moment. Look at the recent excellent trading update from YU. It is still very undervalued by the market.

If you think this is a binary play of fireworks or it's never going to happen, then perhaps you're better off staying in cash until the next bull market.

ITX are still undervalued imo and I am expecting a generally positive update, with one eye on the future and one eye on managing current trading headwinds. ITX have a history of underpromising, which is a trait I prefer in management.

The relentless downward pressure can be frustrating, but unless the investment case changes then there is no need to do anything but sit tight and be patient.

Easier said than done, of course :)

My bad, I missed that one. Either they know something I don't or they're going to regret selling... I hope it's the latter!

The 23rd Jan RNS covers Horst Siffrin selling and states they have no further intention of selling and agree to a 90 day lock-in period. This was already untrue when the RNS was published because there was a further chunk of shares already sold that wasn't declared in this RNS.

Dayani's RNS on 5th April doesn't mention whether he intend to sell further or not.

But it's still a screw up from the board with the lack of communication.

Great prospects for the company and a great entry price but it's surely putting off potential buyers wondering just how many shares the big guys have left to sell.

And I would guess that without that lock-in period agreement then we are seeing plenty more sells from Horst. The previous statement in January that he had no intention of further sales was clearly not true.

I am reasonably happy with this placing if it’s for a competitive advantage rather than just being needed to keep the lights on.

The trading update they slipped in there makes for good reading too :)

Still odd. Other than market jitters around the US debt ceiling, or leaked insider info, I can't see a reason why GAW would fall like this.

9ne = one. a typo :)

Market wide jitters over US debt ceiling. The sp drop is not unique to TRX.

As expected there has been more selling from Horst Siffrin to fund another investment. 1.2m shares sold since the last RNS.

I couldn't see a lock-in requirement after this round of selling, so either he is finished or he wasn't willing to agree to 9ne. We'll find out either way!

GW is gearing up for 10th edition 40k, which is always a bumper time in the 3 year cycle, so I'm expecting good news from that. No idea why the sp went down today though.

Unless they were already factoring in a deal of this magnitude. We won't get to 23.8p without big deals, so I'd guess they have factored this in and all is going according to plan.

Where are you getting net losses from?

If someone holds shares in, for example, a SIPP which has a montly fee, and there isn't enough cash in the account to cover the month's fee, then the platform provider will sell enough shares to cover the remainder of the cost. Hence the ridiculously small sells that are sometimes seen.

Please can we put the 1trade= RNS myth to bed?

It's only ever used by naive PIs.