Member Info for crl123

I think reading and digesting the results RNS fully tells you all you need to know about the overreaction. So many areas, particularly the focus on shareholder returns. Of course it could be bull, as could be the very upbeat tone, but imho it does not deserve a 40% plummet for goodness sake.

Markets usually overreact both ways. But sentiment also plays a part. Professional or private investors, usually private. Pros. live off the amateur reactions. TIG was an Nvidia of the clickbait world. News leaked on the Froday before results and those in the know sold. On the Monday, the sentiment spread further. Now we are seeing at least one seller, easily offset by the huge buyback, but the market makers in AIM like to oversuppress a share under pressure so that they can panic retailers and buy cheap. Oldest trick since 1920’s US depression. Lots of other tricks going on, and we probably don’t know the full reasonings for the overreaction,. And markets are also often irrational. Don’t believe the “ each buy has a sell and vice versa” market philosophy.market . It’s like seeing complex correlation by playing with an Abacus. Markets are multi-variable and we don’t usually see all of them, especially what goes on behind closed doors. The Friday sell -off should be investigated by the FCA. Blatant market abuse. FCA toothless.

And you don’t have to agree with all or any of what I say. But I do. It’s not just funds or p/i’s selling. The buyback counters that logistically. There are agendas here and they want the price as low as possible. Perhaps Kestrel at 27% want their 30% very cheaply and quickly. They would have to buy the company at the highest paid by them in a year, or perhaps there are other things they could do. Maybe there are all sorts of other beneficiaries of a low price, even the buyback. Ultimately this is a typical AIM supraoverreaction. TIG was this price during the first Lockdown. AIM is not an intelligent index. Seen this happen so so many times. And have suffered accordingly as did not see the irrational coming. Nor the corrupt.

Ignore this post at your will.

Oversold. Hugely. Overreaction of market to what is certainly not heavy selling by any means. It’s what AIM does.

Unfort can’t read whole article. Needs you to subscribe. Can you cut and paste?

Most ridiculous thing is that we now sit at the first Lockdown level!! How oversold is that!!! Dividend,buyback, cash generation etc

And same price as April 2020. Doh!! Knowing the market as I do, it is likely to take a darn sight longer to climb back up as to plummet. And there wasn’t even a surprise Placing or Rights Issue. Many companies underperform in quesrters or halves-just look at BP! But they don’t plummet like this. I agree we should all write in and ask IR ( if it really exists) what its POA is for the SP. A company has a legally bound fiduciary duty to its shareholders.

I would pass these email addresses given by Stas to the Advfn website along with your advice.

I concur and am also losing my shirt here.

This is being blatantly algoed downwards-just look at the trades. Management are doing nothing.

Stas-thanks for comment! Although I still don’t agree with the tool in the toolbox ( retired maths and economics teacher).

GGG I feel like you do. I have been duped many times and it looks like I never learn. Shocking.

Stas I will email later or tomorrow.

This s/p is outrageous and I am losing what little I have left. I considered TIG a fairly stable investment.

Thanks! I very strongly disagree with TA ( been trading 35 years-too long!) but fully agree with self-fulfilling prophecy if people want to fall for it. Thank you.

I count 37 trades of less than 7 shares in 6 minutes.

Buy needs sell?? Oh please. All rigged. Seen this so many times.

Anyone who does not see the trade manipulation clear to see, is not in reality

I would not disagree. I too am losing shedloads. But I agree anyway. Mgt have an agenda imo.

What is the 61.8% fib extension??

Kestrel may want this to drop in order to put in a derisory cash offer.

( or not). Hard to see this as just a balanced market!

Sfor is about same drop as here but not as dramatic.

Any share can go anywhere.

Sometimes you miss the best moments to dip your toe in though. Market is not always logical, and I have only known one company( Glencore) do director buys at the right time( 2015) and they had to!

Never expect directors to buy low. Ceo is on a million a year. Hold 2m in stock. Why does he need to??

Institutions have lost much on paper. Ok it’s not as painful to them as my loss is to them, but the s/p of TIG has practically halved in 10 days. Instis with sense should eith be buying ( Kestrel bought a smidge) or calling an EGM . They should certainly be dictating to the BOD what they want. Unless it is a hostile( or agreed) takeover or cash purchase, in which case we are cannon fodder.

Can’t imagine anyone on a profit right now.

Institutions have lost much on paper. Ok it’s not as painful to them as my loss is to them, but the s/p of TIG has practically halved in 10 days. Instis with sense should eith be buying ( Kestrel bought a smidge) or calling an EGM . They should certainly be dictating to the BOD what they want. Unless it is a hostile( or agreed) takeover or cash purchase, in which case we are cannon fodder.

My position too Varun. Averaged down just to watch further falls. I feel sure management could, via Zeus or other means, address this if they really wanted.

Can never call a bottom. But one can look at the reasons to buy. Cash generative. International market.$ based. Buyback until March. Possibility of special dividend/assett sale/ takeover by Kestrel. Much more. You have to see an upside. In this case it probably involves waiting for the upside.

I watch a small sell of 79p bring the offer price to 79p, and an immediate buy just now (12:31)of almost £24k hardly budge it upwards. Certainly not a balanced market at work here.