Member Info for Crocqman

Not just any old RNS though, CS.
Angus have a CPR for Saltfleetby, so the rise there shows the importance of ukog being able to update the market with their own in due course.
Updated flow rates will be good news here following the fix, but the CPR is key, imo, to get the SP moving again.
gla

Come on Hollybean, that's the 3rd time you have posted similar in the last 2 days.
I don't see any signs that 'buyers are moving in fast now', or as you stated yesterday 'Boy look at the money rolling in now'; and 'New money is pouring into this now'.

63m odd has been the highest volume day in the last month (4x) with many days closer to half of that. We have only just hit 15.5m today after over 6 hrs trading which is extremely low and yesterday was circa 34m.
So, no, money is not 'pouring in', unfortunately.
We need daily volumes of 100m plus to really consider a change in sentiment and a sign that 'buyers are returning'.
Hopeful of some positive news soon to be a catalyst for this change.
gla

I have submitted an Investor Question today on this.
Received an email confirmation to acknowledge/confirm submission which I do not recall seeing previously which advises that they do monitor submissions and check content before uploading onto the IQ page.

Personally, I think LSE allows too much of a voice to the 2 extremes, who are always clashing and seem to spend all day trying to promote their pov to negate the other side, often with either little factual basis to support their post, or with a conveniently slanted take on facts to somehow validate their own one-sided (myopic?) position.
Valid posters with genuine points (either positive or negative) just get called out as trolls or swampies, as apparently you cannot take an overall view here, but still have differing view (seemingly contradictory) on particular aspects without being called a shorter or trader.
I have noticed that some good posters rarely comment here now due to the noise.
Those who seem to post the most, seem to have the least to say.
gla

I am more concerned with the Saltfleetby CPR, as I have posted a couple of times before, and see here (rather than Balcombe) as where we are most likely to see a more sustainable boost to the SP. Still feel we are looking at September, or Q4 before anything operational there though.
Hopeful that the March planning for Balcombe does not get postponed and a favourable outcome will see a return of some interest for any currently watching from the sidelines, and any potential new investors.
Meanwhile, will continue to hold

Apologies offtheball, I misread the name (and added an extra 'l' for good measure)

Disagree ontheballl,
I don't see the benefit of referencing a bb poster in a question. I know they may be trying to be transparent, but feel they should be able to exercise their discretion and have a process to edit a question (without changing it's intent) in certain circumstances.
For the Q submitted on 20 Feb (currently 4th one down), why not just leave it as 'a poster on the LSE forum chat board', and why respond directly to name the question submitter in the one seen above it?
imo, that question (4th down) should not even have been put up on their IQ section as what is the relevance of posting that someone holds 1 share, or how many posts they put on a public BB? What would this even mean to anyone outside of the LSE forum? It does just seem really petty and unprofessional for the company to act this way.

Additionally, the latest question (added 28 Feb) starts 'An eagle eyed board poster'. Outside of this BB, what relevance does the phrase 'board poster' have to anyone else? An analyst, media person or some other interested party would most likely not have a clue what this is meant to be about.
The IQ forum is not the exclusive domain of LSE members so far as I am aware, although it may seem that way at times!

What started as an interesting idea to be open and create a dialogue to investors outside of official news, could quickly degenerate into something no different to what is often seen on these very boards.
The company needs to take some care in how they utilise this IQ initiative going forward, otherwise I can see them taking it down citing abuse of the spirit of the initiative from outside sources which would be a shame.

Hopefully, the Saltfleetby CPR.
Holding fire an a Q submission to allow a few days after their own Feb deadline.

YL,
All a rollercoaster at the moment.
Holding some cash, a good option while looking for opportunities. Plenty available in coming weeks as I feel many stocks look to have dropped too far.
Sold TUI at a good time, but currently taking a hit with some of my dividend paying stocks, but these are long term positions anyway, so not overly concerned as see them all bouncing back over differing timelines and will add when funds permit.
Other positions mostly holding well, even my AIM stocks, although nothing really happening with any of them currently (nothing new there).
Changing tack on AIM investments for this year (hold, not add to reduce overall exposure despite it being small anyway) and will prioritise future investments into FTSE 350 opportunities. Have a decent global exposure through funds.
No more chasing rainbows for me as see better (less stressful) opportunities away from AIM, but still see a reduction in my losses here and maybe a chance to break even here by year end, which I will gladly cash in if delivery on Saltfleetby happens.
Hope your investments are doing well

I will raise an Investor Question on this as we have now had 2 separate deadlines announced by the company that have been missed by them (per original thread post).
The IQ forum is a decent route to holding the company to account on their management and timelines.
Yorkshire Life would not be surprised at this delay, but some kind of acknowledgement would not go amiss :-)
Good weekend all

Bought in yesterday too, but divi banked and prospects still good for the long term, will see a strong bounce back here imo.
Bit of deja vu here as same thing happened with my IMB purchase pre-XD, but both bought for a short term pay-out and a long term view.
Could be a rocky few weeks in some sectors which will throw up some good opportunities.
gla

The latest conversion may just have been timed from when the last one was finished being sold.
Volumes have been low, so may have taken longer to exit

Are we still expecting the Saltfleetby CPR by the end of this month?
I note from the company IQ page that this was originally expected in Jan 2020 (from 01/01 question submission), but was then noted as being on schedule for release in February (from 22/01 Operations Update RNS).
They are cutting it fine, if so. News soon?

Bought in today for the divi.
Hoping we have seen the worst of the drop in the past few days (excluding any xd move), but time will tell.
Agree that this sector likely to bounce back more quickly.
It will be interesting to see how the US market plays out today

Ianbeej,
Interesting. Thanks for the link.
I have always taken the MiFID II changes to trade reporting as being all-in for all qualifying/reportable instruments, i.e. no exceptions.
Apologies that this has gone off-topic.

Disappointing week since the acquisition announcement, although that is markets in general.
Maybe should have taken some profits as SP now lower than my buy-in and with no special dividend this year, less attractive from that perspective.
Full results due on Friday. No surprises expected following the trading update, but any updates on the proposed acquisition will be interesting to hear.

Ianbeej,
The broker does have to report the small fills as part of the regulatory requirements for trading - all trades need to be reported to the market within 10 or 15 minutes of each fill (I think from 2020 it is 10 mins), hence the practice of cancelling and rebooking at end of day for the total amount.

Mirasol is right in that it is a small size, so maybe they are able to generate a single order if they are not too bothered about price. Yesterday was a very low volume day.

Bridge, I did state in my post that this was my opinion and what I outlined is standard dealing practice for vwap trading. I also stated the possibility that it could be a negotiated trade, so it is possible that one or either method is used, depending on how the buyer/seller and dealer want to manage the trade. The former is the most practical method of ensuring you stick to the vwap, especially if you are interested in the price obtained.
We often have days of lots of small, regular fills that make no sense, followed by a large trade at end of day. Yesterday may have been different in that regard, I did not pay attention to the trades throughout the day. Also, if you are going by the blue/red indicator shown, these are an indicator only, not the true direction of the trade, so it could be misleading.

Mirasol,
I am sure they will not wait until end of day to put their 15 % trade through. What if they cannot get it filled so late in the day, or achieve a price they are happy with?
IMO, the order will most likely be worked on throughout the day by the dealing team who will manage the order with the help of brokers to ensure they keep to the required ADV limit based on volume throughout the day, keeping an eye on price, etc and they can choose whether to hold off or be more aggressive as the day progresses.
This is very common practice, especially when it comes to AIM and Emerging markets where volumes may be small.
There will most likely be lots of smaller fills throughout the day, followed by a large trade at the end of day which is most likely the complete fill for the day being cancelled and rebooked as a single order for commissions, fees, etc.
The alternative is to find a large buyer/seller for a negotiated trade, but you may not always get to deal in the quantity that you would want to.

Not convinced it will take that long (July/August).
The current fix along with a decent resulting flow rate should see an upturn in daily trading volumes as sentiment returns, hopefully with 100m plus trading days, which in turn will allow a quicker clearance of these shares.
Important few weeks ahead here.

Maybe you can suggest some suitable reading for me, maddog, as well as educating me on what it is exactly I will eat my thoughts on. The suitability and experience of the current NED's?
Thanks