Member Info for Camkite

Certainly looks like it will be opening up in Auction. 82p on the bid 79p on the offer.

looks worked / forced seller.

Mms opened it at £1.10 there was no reason for it to keep dropping except for a hedge fund offloading, the fundamentals on Friday don’t warrant a 50% drop on Thursday.

If you were holding before that update (as it seems he was) based on what looked overvalued before.. you can’t be the best investor if you’re thinking of selling when it’s looking undervalued.

Think he needs to short when he buys and buy when he sells, he might start doing alrite.

prattt it doesn't need propping up mate, its oversold... its down 60% on not so long ago based on marginally reduced results and a growing contract base ?

"68% higher than reported in our half-year statement"

68% higher in 3 months ???

Look a very differences from the H/Y results

June the company had Strong cash position as at 30 June 2020 improved to £8.3 million increasing to a strong £11.6 million cash balance ...

Increase of £3.3m cash at hand in 5 months

Pipeline for cloud telephony live opportunities continues to grow rapidly, now standing at potential Total Contract Value of approximately £84 million4, 68% higher than reported in our half-year statement

*** Revenue: which as a result is c.6% higher in PS, but c.32% lower in non-PS (a 9% lower net) ***

Clearly 14% reference is moving forward, some of which is a reduction of none PS and some can be attributed to the growth of PS.

In light of this, the Group now expects FY20 revenue to be no lower than £50 million (c.18% growth on FY2019) and EBITDA to be no lower than £15 million (c.134% growth on FY2019), moderately below current market expectations.

caravanboy it doesn't look like a mistake... its just context.

The 14% is "going forward" when the results come out it will show a bigger % than 14% historically/previously.. mgmt are mitigating and expanding in the core PS business.

"By contrast in our core market, we remain confident in our ability to drive attractive, sustainable and profitable growth of our premium external cloud communications platform, and therefore plan to invest to maximize growth and shareholder value creation within the constraints of our strong £11.6 million cash balance (at end October 2020)"

Either way you look at it, with a forward looking growth statement with £11.6m cash and as yuo rightly said considerable reduction of the on the books debt... this still looks very cheap.

triumph1

"this now represents just 14% of our total LoopUp Platform revenue, and with a continued focus to drive forward our PS business, it is expected this will have progressively less impact on overall trading going forward."

It now represents 14% of the platform revenue but that doesn't mean it did in relation to the drop in revs..

Going forward. Surely the figures make more sense in that context.

Cattle class like us are unlikely to be partaking but its defo not a bad sign.

MM's held this down on close Friday to shake the last of the weak holders outand it probably worked. imo

MCRO as an example, couple of weeks ago had a £400k sell at around 5:05 and the stock opened 4% down the next day.

Nope that was a buy on the open market. If it was delayed it would have been marked as such.

UT trades is the auction between buyers and sellers on the pre existing book not someone putting an order in post close.

"But there are also Extended Hours Trading during which trades may be made. There is significantly less trading volume during extended hours. Lower volume results is a larger spread, bigger price jumps, more volatility, and more risk. Extended Hours Trading allows investors to act quickly on information that comes out after markets closed."

The trades 79p / 85p (provided they are not cancelled) are genuine buys and sells

7:00 AM - 8:00 AM — Opening Auction
8:00 AM - 4:30 PM — Continuous Trading
4:30 PM - 4:35 PM — Closing Auction
4:40 PM - 5:15 PM — Post Close

If you see huge buys or sells after hours you'll notice stocks open up or down.

"But there are also Extended Hours Trading during which trades may be made. There is significantly less trading volume during extended hours. Lower volume results is a larger spread, bigger price jumps, more volatility, and more risk. Extended Hours Trading allows investors to act quickly on information that comes out after markets closed."

Its exactly the same.

https://www.tradinghours.com/exchanges/lse/trading-hours

"If you see a HUGE sell go through within the after hours trading slot watch the stock open down the next day as the MM's price it in."

And in the same breath if you see big buys go through after close expect the stock to be in high demand on open, you can buy after and before the market opens but may well have to ring your broker or be rich AF.

Trading outside regular hours has been around for a long time, but it was once only the domain of high-net-worth investors and institutional investors like mutual funds. However, the emergence of ECNs has enabled individual investors to participate in after-hours trading. Financial Industry Regulatory Authority (FINRA) members can voluntarily enter quotations during the after-hours sessions, but they are required to comply with all applicable limit order protection and display rules (the Manning Rule and the SEC order handling rules).

Trendz FYI

https://www.investopedia.com/ask/answers/05/saleafterhours.asp

Gl buying.

Yes there is.

USA markets for example open 1 hour before market open, 8:30, the hours before that is futures trading, ie: you are trading the future, not set in stone, until it opens.

If you see a HUGE sell go through within the after hours trading slot watch the stock open down the next day as the MM's price it in.

Not sure where you got that info from?

And as far as a TR1 seller goes, no one cares as its clearly expected / already priced in.

She's all good. Support on the chart is at 70p, people buying half a million £ at 79p and 60k at 85p..

Think we'll be ok.

Someone paid 85p for shares out of hours... Think its a pretty fair guess to say this was over sold and worked down for entries and it won't be hitting 70p

"My only concern would be is when the share price rises enough for people to jump out they will after that placing..."

Exactly !!!

Trying to create long term value ?

At 10p or 2p ?