Member Info for Ctw2014

....they are delayed trades from the 6th. Phew!

Jeeez another 800k dumped.

Maybe this is the turnaround. So a small toe back in the water for me.

Troy - they seemed pretty confident in the last trading update about getting certification for the HCV test so I am not unduly worried that it's taking a bit of time.

Hi Troy. I agree it looks like that at first blush but a couple of weeks ago it dropped very quickly on a couple of much smaller sells, so my money is on a buy at a bargain price for volume. Doesn't explain why it hasn't moved the price up either though. Maybe a matching order the other way waiting to be filled. Who knows? TBH, whilst it would be nice to see the price go up in the interim, I would be content with stability until we get the big news on the HCV test which must come soon, surely.

....of 100k shares last night published at the mid. Definitely a buy though as a sell of that magnitude would have dropped the price this morning, but it has stayed level.

..... massive delayed sell trade from the 30th pops up at the end of the day. Somebody is really keen to get shot of these!

I was hopeful that the big delayed trades before the weekend may have signalled the end of the selling and a turnaround at last, but this morning's performance has been the last straw and I have had to admit defeat and sell to preserve some capital. Can't win them all I suppose. Logically this seems a good investment proposition to me but the reality is that it has been killed by a big seller dumping shares for months and it looks to me that he has still more to sell, so, as they say in the Den, I am out (at least until things start to pick up).

.....is now down to a ridiculously low 5.766 according to LSE. Potential for a strong bounce back if the seller is done.

Despite showing as buys and the apparent price (which can only be some sort of average) those two 500k trades and to a lesser extent the late 200k trade are, in my opinion, the big sell orders that have been worked over the last two days and moved us down, despite buys appearing to heavily exceed sells during both days. Now they have cleared, and assuming no other such sell orders have been placed, we should be free to move up normally if people keep buying like they have over the last two days. Fingers crossed!

Almost 1.2m shares traded (a lot for OPG) the vast bulk being buys and we end the day slightly down. Can be no doubt in my view that a large sell order is being worked. I would love it to be our big seller's last fling. In the absence of a big sell order in the background we would have recovered quite a bit of yesterday's drop on today's trades. Frustrating but the increased interest is welcome and bodes well for a recovery once the seller is done (hopefully sometime soon!!).

Hi Holycustard. Glad you agree, but how did you manage an average of 30p? It's not been as low as this for at least 5 years (my chart doesn't go back more than that!).

I agree. In general the Company could do more in PR terms to promote itself to Investors. Meanwhile, today we are seeing significant buying pressure but hardly any movement which suggests to me that there is another big sell order being filled in the background. Once our big seller has cleared this should recover strongly imo.

Hi Truro. Glad to see you are hanging on in here despite your view of the odds. I agree that all shares are a gamble, some more than others, although needless to say I am a bit more optimistic of our chances here, despite all the delays and set backs. I reckon we are due a trading update for the six months ended 30th June, so we should soon see how things are panning out.

Taken some more this morning to average down. Crazy drop yesterday and I think we might see some decent buying from bargain hunters now. Fingers crossed!

The trading update on 31st May 2017 gave a profit before tax in the 6 months to 30th September 2016 of £18m, say at least £36m in a full year, so I doubt you are far out. The drop is clearly overdone. Clutching at straws perhaps but the fact that we topped the fallers board today might just get us more noticed, albeit for all the wrong reasons! The big seller was still at it today, and I agree with another poster that he may have anticipated that we were due a drop in view of the upcoming impact of coal prices on profits. However, if he was selling in anticipation of the drop then maybe he will at last stop or at least slow down now it has arrived? At least we had good volume today with some very chunky buys alongside the sells, so we could easily recover some lost ground if the buying continues and the seller gives it a rest. In value terms this must now be a screaming buy at the P/E ratio we must now be at with the reduced SP?

Anyway, a series of fairly large round number buys lately suggests that someone with reasonably deep pockets sees the potential here.

Ha ha Truro, so, given your change of tune, I assume you have sold? On 8th June 2017 you posted to say you bought in a couple of months prior. You gave your reasons and concluded with the comment that whilst it's a free discussion negative comments by non holders don't help anyone! Turned to the Dark Side? Actually, I thought you put the investment case pretty well in your post of 9th June: 'Chris Gilbert hasn't delivered yet. That's my point - he is about to. Hence my bet'.

Yes, and let's hope they do some PR and blow their own trumpet a bit. The results should be decent, so why not shout about them?

Yes, you pointed out your concerns about Eboracum's status months ago and you and other posters, especially on ADVFN (is one of them you under another name?) have been going on about it ever since. However, the RNS of 20/9/16 re half yr ended 30/6/16 states "A long term distribution agreement has been entered into with Eboracum Marble Ltd .....through which a £2m order for a range of marble slabs has been received and the company has commenced delivery. An advance payment of £300,000 was received and £212,000 has been recognised in the period in relation to this order." Therefore, unless you contend that this statement is false, and irrespective of the extent to which the full order was ultimately fulfilled it is clear that Eboracum bought, and paid up front for, a quantity of marble. So I do not personally see much wrong with the Company saying Eboracum had an appetite for their marble; they don't say that Eboracum still feature in the order book for 2017. Nobody is saying, least of all me, that there have not been disappointments in terms of the conversion of orders into sales etc. But just because some customers may dissappoint doesn't mean that Fox will not succeed in building revenues and ultimately move into profit. At the end of the day that is what counts, at least for those of us who are invested. For all it's failings (and I agree there have been failings) I am of the view that success for Fox is more likely than not (albeit that there are risks) and that it is not far off. You obviously disagree. Believe it or not you and I actually agreed about something once. On 30/11/16 you agreed with me that a suggestion from another poster that the pictures of the factory were fake and the whole thing was a scam was a bit rich. That was something at least! I don't actually mind you posting factual material that is relevant, negative or not. What niggles is that you seem to suggest that anyone invested here must be an idiot, rather than just taking a different view.