Member Info for CHEQUEMATE

Good evening Awhawh. The increase in holdings by Black Rock Inc., accounts for almost the entire director sales. The dates co-incide with Black Rock increasing their holding by around 4,400,000 shares and the directors selling around 4,750,000 shares. BR now hold just under 12% of the shares issued from just over 7.5% previously. At a price of around 310p a share that works out to be in excess of £13,500,000. That is some considerable amount in my opinion and won't have been undertaken lightly. I imagine they must have done their research beforehand. Share price has only risen by about 5p since, the amount of today's rise. It would be so easy to top up here on the basis of the above. A number of other companies are vying for my attention though, so don't want to get blinkered. Regards CM

A lot of auto trades, mostly buys, have gone through this morning. Additionally the spread has narrowed considerably from North of 3% to less than 1%. Never have been too sure about auto trades, they seem very often to be a grouping of shares bought at the same price at the same price possibly placed by a broker?. Keep coming back to that remark from last rns "in order to satisfy specific market demand". If it wasn't for the Greek tragedy going on which can affect all shares, regardless of prospects and fundamentals etc., I could very easily top up. On the face of it the remark HAS to be positive. It would seem to me that someone somewhere can not get as many shares as they want on the open market. Usually that would mean some institution. As long as they are not being lent so that they can be shorted is my only real concern, but I am probably very wide of the mark with that chain of thinking. Methuselah - I have seen directors sell shares into the market due to market demand in the past, not often though. Can't remember what company it was off the top of my head. Good luck CM

Whilst Oryx are buying more shares, I wouldn't be too worried; more so had they been selling. More concerned with the general market state with the Greek tragedy continuing. Regards CM

Very interesting: The Company was notified on 17 June 2015 that, in order to satisfy specific market demand for shares in the Company ("Ordinary Shares"), the following directors of the Company have sold an aggregate of 4,750,823 Ordinary Shares at a price of 312 pence per Ordinary Share (the "Sale"): ".....IN ORDER TO SATISFY SPECIFIC MARKET DEMAND FOR SHARES IN THE COMPANY", hmm. Wasn't looking top up, but, is making me think about it. Little movement in the share price. Regards CM

Inevitable fall back as share goes ex divi as forecast yesterday. I will be more concerned as to what the interims will say. Regards CM

An interim management statement is imminent. Last 2 have been 12 June 2014 and 13 June 2013. Hoping the unseasonal cold weather will not have had too much an effect on the business. I am employed in retail and selling outdoor clothing and equipment it has been noticeable just how much more cold weather kit has been sold. A good time to buy cold weather kit at end of season prices, but doesn't help kit bought in for the summer some months ago. ALY goes ex dividend tomorrow, 11 June, so a fall in share price of around 1p could be expected. Good luck and regards CM

Hello Bezz, good to hear from you. Oh yes, me cycling to Hampshire to celebrate GBG reaching £2.00, yes, that does ring a bell, lol, sort of thing I would have said and meant!, lol. Very good, well remembered. Being a keen cyclist with many major tours behind me I would have been up for it too. Shame I sold out, I have been looking for something to do for a holiday this year!. Perhaps I should apply it to another holding of mine. Yes, we will always make mistakes. There is nothing wrong with making mistakes it is what we learn from them, if anything which matters; hopefully not making the same mistakes over again. Will GBG make £3?, who knows. It may make it quicker from £2 than it did reaching £2 from £1, after all it is a rise of 50% rather than a rise of 100%. And you will be getting very good dividends now too as a percentage of your original purchase price, excellent. Don't feel you have to wait so long before you post again. I am usually around on one board or another, although this is generally the only one I post on which I don't have a holding in. It's good to keep in touch. Regards and good luck to you CM

Good evening. Another good day for GBG it seems, good for you. I have a wry smile on my face having sold out of course back in October but am genuinely pleased for those who saw the storm out and stayed put.......if only. 95p!, ah yes, that would tie in with all my shares being down by over 50% at around the same time. I had stopped for a break on the M6 around Lancaster on my way home from a trip South and took a look at how my holdings were doing. Nearly had to make a 2nd trip to the rest room. Thought the bottom had fallen out of the market, or was it the market falling out of my bottom!, excuse the poor pun!. Don't know if it was just LSE or something more general. Having set stop losses on all my holdings for the time I was away I expected to be far more in cash than it turned out. Paul Scott on Stockopedia still thinks that GBG is over priced and very expensive, believes folk are paying up front for growth more than they should be and values the stock at sub 100p. He never has particularly liked the company and believes they are adjusting the figures to their own requirements. It was he who I listened to back end of last year and the reason why I didn't buy back in to the company. Just shows you it doesn't always pay to listen to follow the "informed" to the letter. They are not always right and are prone to making mistakes like the rest of us. Momentum certainly is with GBG at present and that combined with other facts and figures and fundamentals is a good starting place to do research before investing and making any decisions. This could easily go further but for me I feel I have missed the best part of the ride now and would be tempting fate to re-invest. Sometimes we just have to wave goodbye and wish those still onboard a bon voyage. Bit like seeing a loved one depart into the sunset!. BT - LSE is playing silly beggers again, and I can only see todays postings. I am aware you posted to me the other day but I can't re read it right now, so I will get back to you once it rectifies itself. Regards and best wishes CM

Woodford have increased their holdings yet again in REDDE. Significant. 52 week high reached today. I probably have enough already invested here, although far less than what others have. Better to be under invested rather than over invested for me. Momentum is with this share, the trend is your friend etc. Regards and good luck CM

Good evening BT, good to hear from you and yes, I am keeping ok thanks. well done, 200p reached and held, excellent. In fact, well done all of you who have held through a turbulent year last year and up until now. Just proves, it doesn't always to pay to believe everything or a lot of things you read, sometimes it is better to go with our gut feelings and past experience. Had I not sold in October last year I would have been substantially better off but that's life, some we win, some we lose and I made a good profit, so not too many regrets. I am still looking for that magic formula to identify winners like the rest of us and in this case I chose to look too closely at what one well known commentator wrote suggesting that GBG was overpriced and questioned their financial reporting, choosing to paint too rosey a picture. Hmm. I am in the rare position (careful what I write here trying not to tempt fate) that my portfolio is performing decently with all my holdings showing a profit, some more than others. I have decided to throw out all the highly speculative dross which has cost me dearly in the past. I still look for shares which meet the Zulu Principle criteria but try to combine it with the Stockopedia rankings and what Robbie Burns looks for in a share before investing. However, right now, I feel I have enough invested in the market and would rather sell to buy rather than have too many holdings and have too much to check re RNS etc. Sometimes, like GBG we just have to let some good ones go. Hope all is well with you BT and MrsBT. I head South tomorrow at about 4 am to spend some time with my elderly mother so will be out of contact for a few days or so. Will catch up upon my return. Regards and good luck all CM

Due Wednesday. Good luck and regards CM

Ah rules, yes, who hasn't broken them?!. I seem to find it difficult to keep rigidly to them and allow myself to have one speculative share in my portfolio occasionally - not sure it has ever worked out positively. I am trying to stop my argument that if one share has gone up by 5% then it is alright if another has fallen by 5% because they have balanced each other out, rather than look at each one individually and be more disciplined. To a degree all our investments in shares are a punt DH since none of us know what is ahead of us, although we do have the luxury of the internet these days to make far better decisions. I was wondering who was responsible for the flat lining, usually me. It may only be small, but I am up 3% since investing here. Rather have a steady rise as you say. If come year end I am up 10% then that would have proved far more successful than investing the same amount in the bank or building society. Of course, it may be far more than that, especially if we all go for a cuppa and a cake to help out!. Regards CM

I think your valuation of CNKS at 250 (rather than 2.50) is a little optimistic right now Gazza. I am a little concerned about the retrace over the last week which is more than I anticipated even after the 10p dividend pay out. It could well be down to the political nervousness ahead of the election with the market concerned about the effect of a possible labour administration on the business environment.............but then again.............I could easily be wrong. Maybe companies will be less inclined to float with Ed. Milliband holding office. May be a while before we know of the make up of the next government which won't help. Wishing all well and good luck CM

Well hello there DH, welcome. How are you doing?, and how is your good lady?. Long time no hear. Hope this will bring you and all others invested here a good return. Need to get over the imminent general election and all that the uncertainty may bring first I think. Hope your other holdings are doing well. Regards CM

This has indeed gone ex dividend today, according to Hargreaves Lansdown, so somewhat of a relief. I have always found ex dividend confusing to understand, do we buy in immediately before or after, so hopefully the following will help: http://www.iii.co.uk/tools-research/knowledge-centre/dividend-dates-explained Regards and good luck CM

Thanks for that FK, makes me feel a lot better. Yes, the p/e ratio will look better ex-divi, although all being well and the share price rises again it will revert to where it was. My concern re. election jitters is that if Labour are elected then the business environment may not look so attractive to companies wanting to come to the market. Far from clear just which way the result will go of course. Probably the first election I am not sure which way I want it to go, not sure who I want to lose the most, although I have decided who I am voting for. Regards CM

Any reason for the share price fall early this morning?. Bid is showing just 190.5p at 08.25. Shares go ex. dividend today/tomorrow?: Subject to approval at the Annual General Meeting to be held on 12 May 2015, the final dividend will be paid on 28 May 2015 to all shareholders on the register at 1 May 2015. In line with existing shareholder authorisation, the Board will continue to assess opportunities for share buy-backs, tender offers and the funding of share purchases by the EBT where this is beneficial to shareholders. Or is it pre-election jitters?. CM

Taken from todays RNS The Board of Redde plc (`Company' or `Group') is pleased to announce that the encouraging start to the second half of the Company's financial year has continued with strong trading volumes for the third quarter of the financial year leading to operating profits exceeding the Board's expectations. Cash collections during the period since 31 December 2014 have continued to be strong and, as a consequence, statutory debtor days at 31 March 2015 were reduced to a new record 104 days compared to 108 days at 31 December 2014 and 116 days at 31 March 2014, and further reductions are expected. Total cash balances at 31 March 2015 were £62.8 million compared to £63.2 million at 31 December 2014 and £48.8 million at 31 March 2014. Net cash balances (net of fleet financing) were £36.0 million at 31 March 2015 compared to £38.1 million at 31 December 2014 and £32.9 million at 31 March 2014. The Company has also paid an interim dividend of 4.00 pence per share totalling £ 11.3 million in the three months to 31 March 2015. Operating profits exceeding managements expectations!. Excellent, although cash balances slightly down. Should have topped up last week. Good luck and regards CM

Although I understand where you are coming from on this Scorpio, I have an alternative view. I believe it is more down to an inevitable retrace after a good run which I have seen many times with other holdings of mine. I am not sure it is election uncertainty which is affecting this share price, since it is in a sector, housing, which is in much demand and will remain so regardless of who forms the next government (unlikely to be any one party outright). If it was down to election uncertainty then surely it would have affected the other house builders too, but this isn't the case. The last results were excellent, which is why I bought in. I am not expecting this share to move up in a continuous straight line and there will be retraces along the way. Having said that, I am disappointed with the performance since I bought in to date, but hopefully it is only short term. There are concerns for the market whichever party forms the next government. I have deleted much of what I was going to post, since I am not sure folks want it to become a discussion board for the election. Whichever way we vote, I believe we all have the same desires for our investments. Good luck to all and regards CM

Hello MM, thanks for the post. Share price has risen again today, as at 09.08 at any rate. Strange isn't it how we sit on the fence reluctant to top up at present levels with a rising share price, almost hoping it will fall back a little to give us a better price. I could have bought more at around 113p last week yet sat back and waited. Serves me right. I too only have a few shares here, well, a few thousand. I have been over exposed to some shares in the past and have got caught out when the price has fallen back. That is the main reason for sitting still, plus the upcoming general election which may lead to market jitters. Sometimes it is just better to stick with what one has got rather than get too greedy, the investors biggest enemy. Interesting times. Regards and good luck CM