Member Info for Crocqman

Why do you think intraday on Monday, RT?
If true, surely the bod would mull it over the weekend and release a 7am RNS?
I certainly would, to continue the upward SP trend and gain some good momentum here, as well as get other interested parties thinking hard about making their move

notrerady1,
Good morning.
For me, it is volume that is a better indicator for trading sentiment, as this will be a known figure, rather than a PI complaining that their small trade has been reported incorrectly, or getting excited about a run of £10k trades, as is often seen across these boards, which represent a drop in the ocean which has no impact on any SP move. Large trading volumes will give a clearer indicator, imo.
Posters look at big trades, true, but if you know the direction is a best efforts guesstimate, then you accept it for what it is. They should be taken in context with trades at the same time (the executed time is never changed, even f the trade is reported late). It seems something that is only important for PI's, no one else.

We see posts about buying pressure, MM's letting this go with big orders in the background, etc, and lose sight that, for example, the late trade yesterday of 1.285m shares (most likely a sell) represents only 0.13% of total shares in issue, and the whole daily volume was 1% of shares in issue. Tiny.
It is outside factors that are generally moving the SP currently, imo, rather than volume or any 'large' trades, although many factors will be at play.

Look at the daily trading volumes here over the past few weeks, or even the 3 month chart. Many days, this does not break 1% of volume, per day, and I would argue there has only been 5 'great' volume days over the last 3 months. And yet, look at the SP movements. Even there, you cannot pinpoint on most days why the SP has moved the way it has.

Getting hooked up on these things, constantly comparing the SP to ARB highs as a benchmark, past SP highs, etc, is a distraction, good to speculate, but in context of the bigger picture. It will be news, delivery, communications, tangible results that are more important to drive the SP higher, which we all want to see.
Trust your research.
Again, just my opinion. Others will disagree.
Good luck to all here

Ress,
I would challenge your post of 21:38 saying "you got to give GL credit what a masterclass in pulling this off and the timing too!"

A GL masterclass would have been pulling this off with first gas back in December, or any time in Q4 2021, one of the many first gas deadlines we have been given only to miss by a long way over the past 3 years. That would have been taking full advantage with regard to timing.
The current target date, which I believe is the 5th different target date this year alone, is really just no more than getting something done. Something which pretty much any small operator could probably have managed in the same timescale and with the same backing and money made available.
It is more a participation badge for just being part of the competition now, rather than a medal for winning.
The masterclass was probably having the foresight (or luck) to have taken the opportunity with SFB at the outset.

Don't get me wrong, more than happy to be this close to first gas at last, but we have had many false dawns since the first realistic first gas target (which was late 2020, don't forget!), but it seems we are getting there more in spite of GL, than as a result of any masterclass.
All will be forgotten, mostly, when the SP does finally get a proper re-rate on first gas, or a suitable bid, either of which will be the main driver of SP here in the coming weeks.

It is getting interesting here, for sure. But, I have been saying that since SFB was first announced back in 2019

I refer to my previous post on the subject of trades not being reported correctly.
There is zero requirement to release to the market at the point of execution whether a trade is a buy or a sell. It is a transaction, nothing more.
The only requirement is to inform the regulator by T+1 of the full transaction details.

All part of MiFID II, a European-wide Directive that covers all EU markets and trading activity that has been in place since January 2018. It took firms 2 years to implement the many changes for this Directive which included trade reporting and transaction reporting

No matter what many 'expert' posters across these boards may think, it is NOT just a simple IT fix to show whether a trade is a buy or a sell at the point of execution.
There are multiple trading platforms available, dozens of exchanges and indices across the whole EU, all using competing trading products, all of which are coded differently, do not speak the same (coding) language, and all requiring to interpret and report some 60+ (from memory) possible different fields that can make up a single transaction, depending on the asset type (e.g. Equity, CFD, Bond), and then convert this detail in a uniform manner just to meet a T+1 regulatory deadline.
There are millions of trades daily, all of which need to be reported.
Only a handful of the required regulatory reportable fields (some 12-15?) are needed to be released to the market upon execution (trade report), all within 1 minute of execution (some MM exclusions apply), and the trade direction (buy/sell) is not one of them as it is not really a crucial detail needed by the markets (it is just a PI fixation, it seems).
This situation will not change any time soon.

So, in short, the trade direction (buy/sell), is not released upon execution as it is not a legal requirement to do so, and only the required information is released to ensure a uniform consistency across the whole of the EU markets.

Ironically, MiFID II was brought in to increase transparency within the EU markets, but I don't think PI frustrations really fall into that category, or are the concerns of ESMA.

It really is not a big issue, imo. Others will disagree

Blimey.
I pop out for an afternoon of drinks with friends and come back to find myself in profit. In ANGS!
First time since January 2019.
Well worth a celebratory bottle of something tonight
Good weekend all

Just back from an afternoon outside working in the garden to see the RNS.
Great stuff.
Not overly surprised to see a small drop today, I thought there would be another small dip before next news.
Tomorrow should be interesting.
Will the market react to this with a decent rise and finally break 1p for good, or will it do nothing, as seems usual here on good news?
gla

elcap is correct.
Any trade (buy or sell) is just a transaction, and is reported to the market as such.
Nothing more.
The actual direction of a trade (buy or sell) is never reported to the market at the point of execution (a trade report). It is only ever reported to the regulator on T+1 as a transaction report (both are MiFID II requirements)
There may be an opposite transaction(s) to any trade, not necessarily for the same amount but a combination, or the MM's may fulfil the trade from their float (adding or subtracting their total).

Sites like LSE (official and here), HL, etc will use tools to make a best efforts 'guess' as to the direction we can see on the daily trades list based on the executed price vs bid/ask at the time of execution, but this is not an exact science and is only meant as a guide only.

All trades must be reported to the market, but there are allowances for these to be delayed (MM only, and with permission) under certain circumstances.
No trades are ever withheld from the market (again, MiFID II requirement)

Asking for a friend.
Will they let you in to the AGM if you turn up with your paper share certificates (assuming you have not forgotten the safe combination number)?

The manufacturing capability with BK Gulf was announced as " Existing capacity to deliver several hundred fitted out containerised modules per annum to address future customer demand with first fabricated units expected in Q1 2021" (per 17th Nov 2020 RNS).

I don't believe they gave any figures for the UK facility ( 25th Feb 2021 RNS), maybe in a subsequent interview?

I worked for an asset manager on a short term contract in the city a few years back.
Every Friday, at the same time (1pm), about a dozen protestors turned up with placards chanting about the company's investment in big oil. After 30 mins they all disbanded and went on their way.
One day, one of the security guys got talking to one of them.
Turns out, every single one of them were Uni students, all being paid to stand outside and protest.
None of them were remotely interested in the cause they were protesting against, just getting their £50 for half hours 'work' on a Friday lunchtime before they went to the pub.
No one took a blind bit of notice of them either

Pointless to speculate, imo.
Too many unknowns and charts will not show anything to accurately suggest what could happen.

If you have dyor and believe in the company, hold, or buy more at a price you are happy with, and wait.
Read news when released, take note of links and research provided by some of the good posters here, and react accordingly.

I recall the 'fun' SP predictions from the beginning of 2021. Most were predicting prices well into the teens and twenties' plus for end of 2021. We did not even get close to my more conservative 6.5p prediction.
Happy to hold. One for the longer term for me, unless news suggests otherwise (none to date). No SP prediction for me.
Good luck

There will be legal reasons for why to much detail could be put in any report that the company may release.
Names cannot be named, especially if there is to be an FCA investigation (which would take time and most likely will not result in action unless clear evidence, no matter what people think should happen), as there are legal implications (fines, etc) to warning individuals that they may be under investigation.
MAR and the Financial Crime Act will come into play.

It is highly unlikely that the company would be able to announce anything more than that they have conducted their own internal investigation. And we may get an RNS to say they have, for example, changed advisor, which could allude to direct action.

It is only fair to call out the company given the history surrounding placings over the past couple of years, but it won't change what can and can't be released publicly.
It has not been handled well by the company, most likely due to naivety rather than complicit activity from the company (imo), although the broker, other outside areas (PR agency) may have more to answer for their actions.
It is hard to defend the company here, yet some see no wrong in anything that goes on with their darling UJO (insert other share name here). Strange behaviour, imo

Most people are more concerned that, knowing something was wrong, no action was seen to be taken by DB such as changing broker, looking at trusted people again to assess their suitability for their roles, etc, and that the issue was seen to have been repeated on multiple occasions.
Accept this and make investment decisions accordingly. If you don't trust management, don't invest. If you do, accept ALL the risks involved (this is AIM after all). No, it does not seem fair, but moaning on here will not change anything.

I highly doubt they spend all their time here sledging the stock as they are looking for a cheaper entry.

There is no way any post here can impact the SP, only perhaps snare a nervous investor into making a hasty, or ill-informed decision (and that goes for the rampers too, who are more dangerous, imo).
Most would accept this, I'm sure.

These posters are either anti-oil, or past investors (pre-Brockham result) who still cannot let go of what happened and take responsibility for their own investment decisions, so have a personal agenda for wanting ANGS to fail, and are ready to gloat and mock if that happens.
Remember the poster WOLF, who specifically posted many times that there would be an 'I told you so' moment here, and that he would make sure to come back to tell everyone how he called it?
You can guarantee there will be no sign of these posters when SFB starts producing, or accepts an offer, albeit they will then complain that any offer is not good enough compared to previous highs in the 'teens and twenties', so the narrative will change to a new agenda.
SFB is still not a certainty, I must add, as there are still risks, although the odds are surely in favour of ANGS now, despite the SP not reflecting this.

For me, the agendas on here, and other boards are pretty clear. I put both sides on filter, but as many keep replying, it is hard not to add to the noise at times.

Anyway, an afternoon of rugby is calling
Good weekend to all investors

Addison,
Just to add to the point made by sash on the MM activity (good post).

For me, we see posters crying foul and MM games on pretty much every share, particularly AIM, when the SP is not moving as they expect it to do.
Not saying there are not ways they can and may use to impact the market (such as the ability to report trades late, limit the block size of available shares), but I see the cry of MM games as more perhaps sceptics with theories based loosely on fact, in the main (see also posts about Code 1 for the believers, shorts closing, large trade in the background and share will fly when done, etc).

Markets are not as simple as people think, just look at volumes and trade directions, often there are more buys than sells (or vice versa), but the SP does not reflect that. There are many factors tat will impact the SP too. both macro and micro.

Just my view.
When posters are not winning, it is due to dark arts, foul play, but when the SP is going up it is because they picked winners and are great, insightful investors. There will often be more than one reason, many, in fact that are at play that will affect the SP and points may often be exaggerated either for effect, or to appear more plausible

Many on these boards do seem more cynical and open to believe plausible reasons, sometimes far-fetched ones, often due to past experience and losses (I have had many).
For e.g. placing shares being churned - why is is that whenever there is a placing posters all seem to believe that 100% of these shares are either forward sold or traded for a quick 5%-10% profit, when the first is simply impossible (shares are not even listed, so cannot be sold), and the second means the company and broker has failed in their duty as the whole point of a placing is to put shares in the hands of investors who believe in the company.

Hey, maybe I am the cynical one, or just naive in my view that the markets are not as bent as many like to make out.
Yes, there will always be exceptions, that can explain that something sinister may be going on, but the exception does not make the rule, as is often portrayed.
There will always be bad apples who bend the rules to suit their agenda, just like there are ones who will always play with a straight bat. That goes for posters too!

I do have industry experience, but not specifics in respect of AIM, or with regard to MM activity (although I am familiar with regulatory requirements), so perhaps my view is skewed as an 'industry insider', and a result knowing how regulated the industry is (although the FCA are pretty ineffectual, imo).

Agree that 3p seems to be a random figure as a barrier. Why a round figure like this?
Not really a believer of charts for AIM stocks as too many unknowns to be of any great use, again imo

Anyway, just my thoughts. Others will disagree.
Happy to be invested here.
Good weekend all

Advfn seems to be where all the banned LSE posters migrate to when all their new ID's keep getting banned too.
Troll central.
LSE is not perfect, but no comparison with some of the posting over there, imo

Mullins is certainly a lucky name if you are following Cheltenham this week.
A Gold Cup winner next?

Those gilets jaunes protestors in France will not be happy if EQT keeps popping up with new sites and deprive them of tyres to burn on the streets at their regular protest events

There is close to 1bn shares in issue.
There will not be a shortage of shares due to PI's refusing to sell

There was definitely a fault with the spellchecker on the thread title ;-)

Good to see the rise continuing (so far) today
gla

And we're back in the room.
Gotta love LSE.
Disappointing share action today. Just goes to show that trying to predict daily moves, even on news is no easy task