Member Info for CHEQUEMATE

Looks like it. There has been a big buy earlier today. I have been doing a little more research looking back at figures and reports and re-reading my posts from mid November. The sp was 73p to buy when I started and now has jumped to near 75p. We know there is likely to be a dividend paid in the near future, so perhaps investors are taking a position in advance. In the long run, paying an extra 2p a share shouldn't make much difference if we have confidence, if it does make a difference then perhaps I should question why I am thinking of buying more.and rest with what I have (only a small holding). I believe in averaging up into strength, not averaging down into weakness. Regards and good luck CM

I have spent some time trying to identify reason(s) why the share price may have fallen back by what it has over the past week, but can find nothing concrete. Robbie Burns (The Naked Trader) did state in one of his trading diaries that ACM can be surprisingly volatile at times, so maybe it is being just that - volatile. There is nothing from the latest results that gives me reason for concern, it all looks pretty positive. We could certainly do with some more positive news though. Thanks for the posts CyanideSid; but I am not sure I can understand much of them. Regards and hoping for a better day tomorrow. CM

Shh, keep it quiet PP!. I'm busy working on letting the market I've sold out of ACM next!. The move today to finish above 50p is good news. 50p is often an important barrier to break through since I believe the share then becomes more visible to potential investors who aren't interested in anything below 50p. It needs to hold above 50p and make it a support level if it can but it may take a while and I wouldn't be surprised to see it retrace a little. If we look at the share price graph over a period of 1 year and more it shows a steady growth line, very encouraging. If only all our investments showed such a positive sign. Good luck all and regards CM

Re large trade on Tuesday of over 10,000,000 shares (I think), value of £2.258m, I haven't seen any RNS relating to a holding in the company so far. The share price has fallen back since then. Maybe the good results released was already shown in the share price and this is nothing more than a retrace. Anyone any thoughts?. Regards

Are the last two trades truly sells?. Why would the bid price be raised for such large volume?. It is quite common for buy trades to be shown as sells because the computer can not recognise them as such because it falls below the mid price at the time. My buy in KMK last week was shown as a sell because it was executed below the mid price at the time, all be it insignificant in size. Trades are often not what they seem. Interesting. Regards CM

Very large trade late this afternoon of over 1,000,000 shares at mid price. Hmm. Wonder what all that is about?,. It will mean a holding RNS within the next day or two. It hasn't affected the share price. Very interesting. Regards CM

It is impossible to know truly whether the huge trade was a buy or a sell since it was traded at mid price. It may even have been a delayed trade from another day since the market is not compelled to disclose a trade above the market size at the time it is carried out. My belief is there will be a holding RNS either tomorrow or Thursday. After such good results, I would be surprised if there has been a massive sell unless someone/institution is lined up to buy. I bought in today on the back of the results taking the chance that I may not be getting the days best price but believing that this share has further to go. This has been on my watchlist for a while along with several other shares. I have found in the past it is best to wait until seeing what the results reveal on the day rather than take a gamble the day before on them being great only to find something nasty is revealed within and taking a fall. I feel then I am investing into strength rather than into weakness. Good luck all and regards CM

Good afternoon folks. All is not what it seems at first glance. If we read the RNS we find that the CFO exercised his options to buy 88,836 shares at a price of 25.75p granted to him under the Executive Share Option Scheme in July 2010. He has sold 45,000 of those shares at £1.37 per share to cover the exercise costs incurred and the tax liabilities arising in respect of the exercise of the option. So, that means he has kept, or if we prefer increased his holding by, 43,836 shares which puts a slightly better light on things. Now, I can't begrudge the feller banking some cash, especially as my investment has doubled. I don't see anything to be unduly worried about; all the news out of GBG has been positive; perhaps that is what the market is seeing too. But absolutely right to keep a watchful eye out for any change in circumstances. Regards CM

No, the market thinks I have sold out so it is raising the share price!. The usual re-action to when I have sold!; only this time I haven't!. More seriously, it could be the market still re-acting to the last RNS. Remember, the fundamentals are good for NET so hopefully it is stirring out of its' slumber. We'll see. Regards CM

Good morning BT. I see no reason for the jump this morning, I can see no news at present. Just occasionally the MM seem to mark up a share to get some kind of response. I haven't a substantial holding but I think it is rating my 2nd. best investment made now over the years and gaining on GBO which I no longer hold (started to lose sleep over it!). Have a good day. Regards CM

Just found this on the GBG website, although I am not sure the full relevance: http://www.gbgplc.com/news/gb-news/paf-consultation-summary-document-published Have a good day folks Regards CM

Although we can expect more positive news flow, I do not see any rapid hikes in the share price, nor to be honest do I want a rapid hike. A steady rise is nearly always healthier, giving and creating a support level to fall back to. I have seen far too many shares rise quickly only to fall back as quickly if not faster back to and sometimes below the last support level. Those shares tend to be the more speculative ones. The recent results although good were not spectacular and I certainly don't expect the share price to take off on the back of them. Whether or not GBG is likely to be tipped again in the Midas column is sheer speculation. I have been invested in GBG for not far off 2 years. It has been one of my best investments. Even so, I remain cautiously optimistic. I will settle for 140p by year end, which will have given around 40% return for the year. If we get that sort of return next year the share price will be near 200p, but much may and probably will happen before then which will effect the share price one way or the other. Personally, I am happy to see a return of around 20% per annum, especially if it means I can sleep easier. If the return is greater than that is a bonus. Re director dealings, I don't see the history you are posting about. There have been dealings at the same time as the exercise of options but there is no guarantee there will be further dealings within the next few days or weeks. Nice thought, but I'm not holding my breath. I will keep this board posted of any news I see coming out of GBG. Regards CM

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=KMK&ArticleCode=bgjlk62y&ArticleHeadline=Bottle_Scanner_Orders_and_New_Accreditation Almost caught out by RNS this morning before work. Put a cheeky limit buy on at 70.3p but didn't expect it to execute. Thought I may have needed to pay 74p early on but saw price fall back. Surprised to see my order had been executed at 67.5p, Yet again, buy trades showing as sells, which I hope hasn't worried investors into selling. Only a small investment, leaving some funds to invest further if this looks good and continues to improve. I believe in averaging up not down. Brief comment by Naked Trader this evening on his website. Regards CM

Most trades today I suggest were again buys not sells. Dummy buy this morning offer price was 70.25p. I have now done more research with thanks to E.Shawn for the post on Friday. Need to weigh up the funding side now. Regards CM

CEO sells 200,000 shares, approx 10% of his holding. Hmm. The company has done well over the last year or two so can't begrudge him taking advantage; but I would like to know the reason why he sold. At least it appears only to be one director. And now for some more news: http://www.gbgplc.com/news/gb-news/watchandwager-partners-with-gbgroup-for-player-id Regards CM

All trades stated here today suggest they were sales. I believe this is incorrect. A few times today I carried out a dummy buy and was quoted 70.3p, being below the mid price shown. Therefore I would suggest that all trades carried out at or above 70.3p today were actually buys, which would give a total of 28931 shares sold compared to around 19000 sold. It would also suggest that the active spread was 70p to sell, 70.5 (approx) to buy, very different from that shown during the day here on LSE. All is not what it seems. I am impressed by the list of institutional investors here and their holdings. I need to do a little more research before I commit to investing myself. Additionally the fact that the Naked Trader is invested here is a positive sign. Regards CM

Results not as good as I had hoped for. Disappointed with organic growth being low although operating profit and eps up.. I wasn't sure how the market would re-act having had little time to look at results before heading off for work. Pleased to see GBG ended the day in the blue, better than I had expected. Prospects look reasonably strong. Think this will continue along the same lines we have become accustomed to, nothing spectacular but looking back over time will prove a worthy investment. Regards CM

Good evening BT, Good to hear from you again. I am sure you are right about GBG releasing strong results this week. The main question is of course what will the market make of the results?, will they be what the market expects or will they be better?. Crucial imo is organic growth, it needs to be impressive for the share price to advance. Last year the results were seemingly good, but organic growth was only 7& which I feel the market was disappointed with. There has been a lot of action since then and GBG have kept much of the news to themselves or released on their website, perhaps not to raise expectations too much. I have learnt over the years not to get my hopes up too much nor get excited before the results are released, trying to keep a level head; generally helps my health too!. Good luck and enjoy those lie ins with the cup of tea, especially on these dark mornings, lol. Regards CM

Good deal of buying today. It would be good to see some consolidation in the share price here before another leg up to give a support level of 63p or so. Awaiting RNS regarding dividend, although I don't expect it to amount to much in the first instance; possibly no more than £0.0025, which with 45,000,000 shares in issue would mean a pay out of around £112,000 from the declared profit. Sheer speculation on my behalf folks, I may be well wide of the mark, but first dividends rarely add up to much. Anything gratefully received all the same. Regards CM

A couple of big buys this afternoon; perhaps indicating someone wanting to get in before the trading update next week. Additionally the Bollinger Bands are showing signs of being squeezed, sometimes a precursor of a breakout. Not expecting this to do an AGM, but a rise towards 140p would be most welcome. Regards CM