Member Info for CHEQUEMATE

This is from Robbie Burns latest trading diary 3 November: "What can I say about GB Group? It has made me a fortune over the years, first in at 20p and now over 400p! It's time to buy some more. It continues to be in the right area, ID intelligence which only looks set to grow more. A very strong trading update last week prompted me to buy again. Revenues are above expectations and I like its recurring revenue. I expect to carry on holding this and wonder if a bid could materialise." Robbie bought (according to his diary) 1000 shares at 413.7, with an intial target of 450p and a stop loss at 390p. Although that stop loss may have been breached, I am pretty sure Robbie will not have sold and is more likely to have bought more at a reduced price. He has been so keen on GBG for years that unless there was some underlining reason to sell then he is probably still holding. I have read 2 of his books (excellent and easy reading) and have come to know roughly how he thinks, not jumping off on the back of a few bad days. Still difficult to know what is happening here regarding trades, so many A trades but also showing some more O trades. A thought came to me earlier, that had we not seen the share price hit 450p we probably would have been happy with a share price rise from 347p on Sep 21 to where it is now - a 10% rise; so lets not get too disappointed. Positive things will improve - it's the GBG way!. Less of a rollercoaster ride than a vast majority of shares. Hope the lights are back on BT and you have been able to get that cuppa. Regards CM

Look at all those A trades - so many, so small. Yet they have a negative effect on the share price. I have seen this countless times on holdings I have/have had. I have little if any idea of what they mean but must be computer generated. It nearly always drives the share price down. Doens't usually last long but is very frustrating at the time. Can't see any other reason for the share price retreat. Another of my holdings, GBG, has been hit in exactly the same way today, leading to a 5% fall there too. This may lead to a good buying opportunity in due course. Regards. CM

Like so many shares that are down today, one of the factors in common are large no. of very small value A trades. I have seen this time and again with holdings of mine and it is nearly always negative to the share price (usually only short term). A fall of less than 1% today is pretty good going considering. Regards CM

Good evening BT not long in from training with the dogs; hiding in the woods in the dark - well, somebody has got to do it!. Thankfully this evening was mild and no wind so quite pleasant being out. Oh how that will change. Surprised at what has happened today, wasn't expecting the fall. Not large volume, just those blessed A trades. It has to be some sort of computer programme surely. GBG by no means the only stock to suffer today, a large number have been hit. One of the common factors were, yes, A trades, lots of them in small numbers. I agree with your assessment . We've seen it all before. This may be part of a market correction in growth shares which may be looked at being over valued (at present). You saw a buying opportunity on Monday; well, who knows, perhaps this is another. I shall stay sitting on my hands. Neither of us know how long this situation will go on for. What we both know is that when this has happened before, numerous times, the share price has recovered and risen higher. We have been through a good number of what appeared crisis, from the Greek debt crisis, to the fiscal cliff in the U.S, Brexit, President Trumpty Dumpty and others that don't come to mind just now. I don't see anything obvious this time other than a correction. No bad thing overall probably. Hope the power cut doesn't last long. Chance for an earlier night and an extra Jura (can't be seen drinking it!). Regards and best wishes CM

Hello BT thanks for the post and the kind words, much appreciated. I understand what you mean by the phone calls. I phone about twice a week. I rarely have anything much to say, but the fact I phone means a great deal to my Mum, even if it is just for 5 minutes. I can also try to pick her up mentally and emotionally since relatively small things to the likes of you and I weigh her down. She knows too that should there be the need I will jump in the car and head South. Somewhat of a recovery today here, although a little retrace during the afternoon, complete opposite from yesterday. It would have been nice to have ended the day closer to 420p but any rise will be greatly appreciated. Your advice here to hold and sit out the tough(er) times has proved accurate time and again to your/our benefit and my cost also when I have bottled out in previous times!. I haven't topped up but I did today add a little to my smal holding in SMDS before it gets admitted to the FTSE100 come month end (all being well). Naturally it fell back somewhat after I added to my holdings, lol, ee, ha ha, you just couldn't write it like it is!, honestly!. Having only bought an extra 200 shares, �2 a penny move is no greatr shakes.........at present. I really need to watch how much I have invested in any company. It isn't clear quite what the market is going to do. Enjoy some Jura - I will have to make do with a Coke (trying not to think what it is doing to my insides). Regards to you and Mrs BT CM ps They don't make mirrors like they used to that is the problem!.

Very small top up earlier at 520 having watched the share price rise. It's dropped a fraction since (naturally). Buying yesterday when the share price was falling was too much risk I felt, although in retrospect a better buying opportunity. 2 weeks time the latest promotions to and relegations from the FTSE100 will be announced. I am expecting there will be buying in before and after with SMDS currently lying somewhere between 85th and 90th position on mkt cap. Good luck all Regards CM

Good evening BT. Good to hear from you. How are you and MrsBT doing?. Seen the grandkids recently?. An eventful day. At least we closed above 400p, which is probably only a small mercy. Did you take advantage and top up at below 400p?. I sat on my hands although did sell out of one of my holdings. GBG not the only share to get a kicking today....... Back from my visit South yesterday. Red Rum seemed as well as I could expect. She has resigned herself to pottering around the paddock but appreciated being taken out and about, pretty much the only time she gets to see anything beyond the end of the road these days. Even the small things to the likes of thee and me is like an adventure. Only too pleased to help in any way. Hope all is going well with the housing development. Christmas is coming all too quickly. Wonder how many folks will be looking to buy a new iPhoneX or whatever they are called?. Everyone getting excited about being able to turn the phone on by looking at it!. Don't think my face ever turned on anything that I can remember, certainly not these days!......more a turn off!. They would have to supply spare screen covers for me. On my phone I have a very useful feature to turn it on and off.......it's called a button!. Keep well and kind regards my friend CM

Good luck to you; hope you got a decent price. Having read through previous trading updates and results things do look reasonably good. However, the one thing in particular that concerned me was that revenues in North America were down. It wasn't indicated by how much the revenue was down, I'd rather it had to get the facts out in the open rather than leave it to speculation that maybe it wasn't down by much, or conversely, it was down by more than they care to mention. I will keep an eye on BOY and may buy back in. Not a good day for many shares, some are down by far more than what BOY is. Regards CM

Hi FK. I think you are probably right, but any fall like today is uncomfortable. Often these sort of events does lead to a buying opportunity as it may have been earlier when we could have bought in for around 394p. However we need balls of steel to grab that opportunity. Some slow recovery at the moment, but where will the share price be come day end?. Some share prices are falling illogically right now whilst others are rising illogically. Seems like at times it doesn't matter what research we do, the market will do what it will do. Probably some robot somewhere having a bad hair day!. I use to have bad hair days...........now that hair is growing faster in my ears and nose than on my head.............now that is what I call bad!. Oh to be young again!. Regards and good luck. CM

Good luck to all who are in here. I took the hit this morning and bailed at 884.27p. The sale from what I could see was showing as a buy - best guess at the time for any computer I suppose. Can't understand why this has continued to fall today. No doubt the price will rise again. Difficult to understand the market at times, but it can remain irrational longer than I can stay solvent. Better a small(ish) loss before it gets any bigger (maybe). Regards CM

Is our seller back again?. Loads of A trades going through yet again in small numbers as usual. There really MUST be some key to what all the small trades mean surely!,. Anyone out there a market maker who can let us in on your secrets?. Hold tight again?!!. Sure the uncertainty of Brexit doesn't help. Wonder how things would have been had the vote gone the other way?. Pointless question really - we'll never know. Johnson and Gove doing their double act again not helping. CM

Just out of interest I have just overlaid the share price chart of SNR to BOY, both in engineering sector. They pretty much match over a time period of one week to one year. Maybe it is the sector therefore which is in the doldrums. Why SNR, well, they have given a trading update today and I used to hold shares years ago. Grasping at straws?. Regards CM

I have been digging deep looking for some reason as to why the share price for BOY has been falling over the last few weeks or so. The only thing I can find is the continuing reduction in the holdings of Standard Life Aberdeen and the article below: Wed 1 Nov - Alliance News LONDON (Alliance News) - Standard Life Aberdeen PLC has lowered its stake yet again in Bodycote PLC, a provider of thermal processing to the manufacturing industry. On Monday, Standard Life Aberdeen sold off shares to reduce its holding in Bodycote to 9.96% from 10.94%. The current holding is held through 19.1 million shares. Based on Bodycote's current issued share capital, Standard Life Aberdeen sold off around 1.9 million shares. Based on Bodycote's share price on Wednesday, up 1.0% at 946.73 pence, the sale would have been worth in the region of GBP17.8 million and value its remaining stake at about GBP180.6 million. Last Friday, Bodycote retained its outlook for the full year after organic revenue in the first nine months of the year climbed 6.2% at constant currency - as the Aerospace, Defence and Energy business grew 9.6% and its Automotive & General Industrial unit grew 8.7%. Shares have rallied this year, soaring 47% since the start of 2017 - rising 25% since the end of June alone. Since the interim results released in late July, Bodycote's valuation has increased by 5.3%. Following the latest update covering the third quarter, analysts at Panmure Gordon commented that the sharp rise in price has left little upside to Bodycote shares, as although business continues to perform in line, the direction of its strategic outlook is still unclear. Standard Life Aberdeen has sold down its stake on numerous occasions in Bodycote since being formed by the mega merger between Standard Life and Aberdeen Asset Management on August 14. That saw the pair merge their respective holdings in Bodycote, combining Standard Life's 13.0% stake and Aberdeen Asset Management's 0.74% interest. Just under a month later, Standard Life Aberdeen started reducing its exposure to Bodycote by initially lowering its holding to 12.96% on August 8, then to 12.59% on August 13, 11.74% on September 4, 11.37% on October 6, and then to 10.94% on October 13 prior to the latest transaction on Monday to take its stake to the current 9.96%. The 3.78% stake in Bodycote sold off by Standard Life Aberdeen since mid-August would be worth in the region of GBP68.5 million based on Bodycote's current issued share capital and share price on Wednesday afternoon. By Joshua Warner; joshuawarner@alliancenews.com; @JoshAlliance Hmm. Very disappointing. Looks like I made a wrong call possibly when buying in at 946p. Thought I had done my homework, but instead of getting an A+ at best it is at present a C-. Black Rock increased their holding on 3 November to 6.34%, but that has done nothing to keep the share price above 900p, Down 5% isn't catastrophic, but not good. Reg

Yes. Gives some much needed re"assurance and a little more confidence that my buy at 167p may not be a disaster waiting to happen. Here's hoping!. CM

GBG is highly valued at present so is prone to the occasional fall back although disappointing. A good no of shares have fallen back quite sharply today. At least Robbie Burns still has confidence, and Big Tosh too I should think. Whenever I travel South to visit Red Rum share prices seem to fall, regular as clockwork. Blame me!. Lets hope for a better day tomorrow, here and elsewhere. Regards CM

Bought in this morning at just over 167p. Lot of individual buys today possibly following the director purchase. Not looking to get rich fast here; slow and steady rise would be fine. Some familiar names posting on this board and relatively quiet which is usually a good sign. Regards CM

From the latest N.T diary: "Packaging group Smith DS (SMDS) shares were hit by a warning from Mondi but I felt that gave a chance to buy. We talked about these at the last seminar where I said they looked interesting and weren't that far off gaining entry to the FTSE 100. A pretty decent trading update this week shows the warning from Mondi did not actually extend to Smiths. So to me they look like an interesting buy." Always worth a look if Robbie Burns has mentioned it - but don't buy in just on the back of his comments. His 2 books - How anyone can make money trading in shares and Trading Like a Shark, ae well worth a read. They are written in a very straight forward easy to understand way. Regards CM

From the latest Naked Trader diary: "What can I say about GB Group? It has made me a fortune over the years, first in at 20p and now over 400p! It's time to buy some more. It continues to be in the right area, ID intelligence which only looks set to grow more. A very strong trading update last week prompted me to buy again. Revenues are above expectations and I like its recurring revenue. I expect to carry on holding this and wonder if a bid could materialise." Regards CM

Good morning Rivaldo. We meet yet again!. We must stop meeting like this!. XLM has been on my radar before, but it has come up yet again for me to do further research. Things look positive here overall and with the CEO buying in more it looks pretty good. Just looking back at some RNS before making any decision. Regards CM

Thanks for the post courtier. I think that should SMDS get promoted to the FTSE100 then 575p is quite likely. Regards CM