Member Info for CHEQUEMATE

I'm not sure there was any criticism intended by Causal, Parity. I can understand why you could come to that conclusion but unfortunately the written word is open to mis-interpretation. I've posted many times over the years on LSE boards only to realise later that what I posted might be taken in a different way to what was intended. Regards and good luck CM

I can't see any short positions over 0.5% Parity; the amount at which a position needs to be declared. There may be a lot of smaller short positions below the 0.5% of course but I would think they would be paying more of their attention to other companies, particularly those that would be viewed as over-valued. Hastings came out with their results today and have taken a larger hit so far, although their price is recovering. Perhaps DLG have been affected by their price movement, being in the same sector. Hastings have stated there were more claims on their car insurance due to the adverse weather in February and March, so I guess that will affect DLG likewise. Somedays share prices just go down for no obvious reason. I think many investors think shorters may be behind things when they are not. Just one of those days........ For some it may be an opportunity to buy a few more shares. Good luck CM

"This is looking very good now." Agree. Last thing on Friday I had an opportunity to add to my holding at just over 47.3p, but wanted to do some more research rather than just jump in. Today, like yesterday due to work commitments, I was less in a position to add (at a higher price) and when I had the chance noticed the price was still heading North. Perhaps I should put a buy order in for tomorrow at a set price. I always prefer to average UP and never down but at the same time don't want to feel uncomfortable with any holding especially as I have been caught a few times this year. Good luck all CM

Where did todays' rise come from?. I asked last Wednesday, "is there something going on in the background?"; I ask again, is there something going on in the background?. Robbie Burns, the Naked Trader, has mentioned on his blog in the past, he wouldn't be surprised if at sometime there is a takeover bid for GBG. Why the sudden huge rise last week and then a big move again today?, although 12p at 500p is far less % than at 200, 300 or 400p of course. Interesting, verrrrry interesting!. Enjoying this period of gains after a sorry start to the year. Good luck and regards CM

Tend to agree BT. Expected a larger fall today. Didn't expect a rally mid morning/afternoon. Tomorrow will be interesting after today. GLA CM

I take very little notice of what any broker says about price targets, particularly if it is bullish. I only look at them as a point of interest. One can be drawn in by such reports. I am more likely to take notice if the target is lowered, and try to find out why. Share price target dates are never given. Nothing can take the place of ones own in depth research. It is encouraging to see the share price creep up to close to where it was before the share went ex dividend. Felt like a kick in the pants at the time, but pleased I picked up a few hundred more shares at 350p at the time. Good luck all CM

Staggered at todays rise. Far more than I would have thought was justified from the RNS. Is there something more to the share price rise?. Is there something going on in the background?. The rise in share price will not have gone un-noticed by many investors and it would not surprise me to see this board become busier suddenly. Hopefully, it will remain free of those jumping on the band wagon and ramping the share to high heaven. If and when the hordes appear and the posts beccome extra bullish with ramping galore, then it is often the time to make a hasty exit (from past experience elsewhere). Sensible discussion can go out of the window. The share price may (temporarily) be driven higher by such. After such a rise (over 23%!), it is most unlikely for the share price not to retrace over the next few days/week or so. Let us not get carried away with one exceptional day, but let us enjoy the evening. PC - I understand your sentiment completely. Good luck to you. I am sorely tempted to follow you, not because I don't believe in GBG but simply I believe the share price has at least temporarily got way ahead of itself. I would have thought a more realistic price would be around 450-470p but the market is the market. IF I do sell out then I too would look to buy back in, possibly very shortly. However, when I have tried that tactic in the past it has usually not worked out. BT - I am nursing a very sick bike at present, whilst waiting for a new one to be built. My present steed has done me very many miles (>130,000) so it is time to retire it. Like me it is showing wear and tear and cracking in the tubes. Very sad time in all honesty as it has very great sentiment value to me due to the sad reason why I bought it in the first place. Sleep well folks Regards CM

Those trades you refer to, are not after hours trades, they are trades made during the day and only reported after hours. Not uncommon for large trades, either buys or sells, outside of the market size to be reported after hours, so they don't influence the share price unduly during the day. CM

Quick post - lunchtime, at local library, so time limited. Yes, very good update. Seems market likes "beyond market expectations" or similar and punishes pretty much anything else. Surprised at the extent of the uplift so far today and would expect there to be some what of a retrace at some time - now trading at all time high. Glad to say I didn't sell my entire holding, just reduced it by half. I was not in a good place at the time and in truth should not have traded when I felt under stress, but hey, there we go, happens to us all. I guess overall I feel less flustered now. On reflection instead of selling I should have bought; we can all be wise after the event can't we!. Better go, library is about to close and I will be bailed out. Good luck folks CM

Interesting article on stockopedia today. https://www.stockopedia.com/content/small-cap-value-report-mon-16-apr-2018-mello-2018-omi-pcf-xlm-cer-knos-353603/ Hope the link works. Still invested here but only minor holding (until things pick up). Regards CM

Bazzamans' post relates to Naked Traders blog today, 12 April not September last year. No longer invested here, but look in from time to time to see how things are going. Looked in just now because of Naked Traders blog. Always worth following up what Robbie Burns posts if only as a tool for further research. Regards CM

Good to have a board where we can air our views without being pulled up for doing so by being called rampers or derampers. Sometimes our "feelings" our gut feelings can be right. It isn't aways possible to put a finger on why we have these misgivings, but we can't get away from them, so I do understand what you are saying. I have felt the same way myself with some shares/companies. In such instances, if you/we are invested I think we have to ask ourselves; are we happy to continue to hold or would we be better selling out and maybe sitting on the sidelines for the time being or possibly stay out altogether (for peace of mind if nothing else - we can always buy back in after all). Many investors who were in GBO would have felt there was something wrong and yet stayed invested, despite warnings and consequently lost everything. I am not saying that will happen here, not even trying to draw parallels. We must all do what we feel is right for us at any time, nevermind what others may try to persuade us to do. I know what it is like to buy into a company only to see the share price fall almost immediately, happens to us all I think at some time or other. The fall of �1 was it down to dividend or general market sentiment or something in particular?. One thing I would like to ask you is: do you have any thoughts towards CMCX or IGG?. Do you have the same feelings as you do for PLUS?. Is it sector sentiment you have or more specifically PLUS?. I ask because I have looked at investing, more likely, in CMCX (than IGG). Interested in your views. Of course it will be my own decision to invest or not to invest, not looking for any advice. Good luck CM

Pretty much agree with mariarty and for the same reasons. I would probably go for a touch lower than the top end of their estimate, but there abouts. CM

Thanks for your post of 11.07 - some interesting reading for sure. Always good for someone to point out possible problems/issues to be aware of. From all the figures I have been able to find and the research I have done, PLUS does seem to be well worthy of consideration for investing, but I do see the other side. I have seen other companies whose figures look so good only to find somewhere along the road things aren't as they appear, eg GBO!. Fortunately I was out of that company with a good profit before the wotsit hit the fan; but it was too late for many. Directors selling is always a little unsettling, but then again, if it was our business wouldn't we be entitled to take something out from time to time?, although I would have liked the reason to have been better than what is stated. Do they know something we don't?.......don't know. For anyone who may be feeling a little nervous, setting a price target or stop loss to sell out of this share would be a good idea. And yes, I know using a stop loss is debateable as we can be bailed out on a tree shake etc. Good luck all CM

Thanks for that capt. - appreciated. Hope all is well with you. Good to see you around. Yes, still around, but not having had a good year to date, like so many I expect. Trumpty Dumpty hasn't helped with his outbursts. Needs to keep reminding everyone and expecially himself how great and important he is!. I am trying to reappraise my investments and style to try and improve things through the poor times as well as the good times. I use the stockopedia website more now to try and identify more likely winners but don't rely on it exclusivey, using it as a tool. In a number of ways PLUS has come out as one of the top stock picks, which is why I was showing an interest. I am a great believer in starting small with an investment and then if things are going well consider investing more, averaging up (never down). What is small is relative to each individual investor; small to me is miniscule to most investors. However I really am not in a position to be prepared to lose �thousands and will have a loss limit. I baulked at the share price of over �12 but the amount invested is the same at �12, �2 or 20p, just less shares. Lets see how things play out here. good luck all CM

Hope link works: https://www.stockopedia.com/share-prices/plus500-LON:PLUS/ CM

Hope I haven't put the mockers on things by joining the club!. I have been watching PLUS for a couple of weeks or so and seen the share price rise whilst oohing and erring on the sidelines. Put a buy order in yesterday whilst driving 300 miles South but didn't execute, then again today but decided I needed to make a decision. I am not in a position at present to post a link to the stockopedia website page for PLUS, but will do on Sunday all being well. It is makes interesting reading. Good luck all CM Think there maybe an update from PLUS fairly shortly, maybe that is why there is positive movement.

hence the fall. Fall by around the same amount of dividend. CM

That has to be your call based on your own individual circumstances moviebuff. I am not going to advise you one way or the other. I certainly won't knock you should you decide to sell. Perhaps you need finances. If you are concerned about the share price falling due to going ex dividend then what I would say is, remember to add in the dividend paid out to the share price if it does go down. You won't have lost anything if the share price drops by the same amount or less. Infact it could be a buying opportunity for some. I see DLG as being a defensive stock. Unless it experiences its' own financial stress for whatever reason then I think over time it SHOULD be a reasonable investment when we look at the dividends it pays out. I look at this as being more of an income stock rather than a growth stock. During difficult market times that kind of company may be a better investment. As Parity says, the markets are volatile at present so the whole market can get effected, but some companies more than other. Regards CM

I was wondering why the share price fell today. Looking at the final results I found the following: Dividend "The Group's continuing strong cash generation enables the Board to maintain a progressive dividend policy whilst continuing to invest in the business. The Board is proposing an annual dividend of 1.4p (2016: 1.00p), which is an increase of 40%. If approved by the shareholders at the Annual General Meeting on 8 May 2018, the dividend will be paid on 11 May 2018 to shareholders on the register at the close of business on 3 April 2018". Note: dividend will be paid to shareholders on the register at the close of business on 3 April 2018 (today). That surely means ex. dividend date is today (not yesterday as ADVFN seem to be indicating). Share price tends to fall back by the amount of the dividend on ex. dividend date. Often private investors see the share price falling and sell rather than realise it is down to the company going ex. dividend. So, if we add on the 1.4p dividend onto todays close mid price we get 42.9p - not so bad after all.............or have I missed something. GLA CM