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is it me or does the fact that there has been so many sales today and no sign of a pull back in share price mean that the MM's have a large order or orders that they need to get shares to fulfil them!
Yes a great article, great timing, this will defo raise talks of takeover. I feel something in my water about SAT, this is just what I thought. The target of 100k customers seems to be a trigger, that;s why every statement they make they stress the 100k customers. 10p in morning [wishful thinking] I will sleep like a baby!
I have gut feeling about this one. I think when they can prove to hit targets institutions will be very interested. 11-12p over a short period not necessarily on results day.
Well I think we are in for a quiet week, lull before the storm. Early next week result hunters will see volume ramping up prior to results.. I am 99% sure 100k target will be confirmed plus some extra news. Then S/P will hopefully push to 11-12p.
It has been there before earlier in the year and I see no reason for the SP not get there again or be there now. But hopefully when the target of 100k customers is announced this will be very positive as the company continually seem to make this a big benchmark, why I am not sure but it is mentioned in virtually every statement. Maybe this is trigger point for further/bigger investment to drive the company forward to be a serious global player. Only time will tell but I strongly believe that this company will be a winner! Keep the faith. DACS
Hi, Sorry for late reply, I have been away for a few days. In regard to SAT and share price I am at a loss to understand the continuous slip back in SP after positive announcements. The only answer must be short term traders taking small gains which I can understand. But what I don't understand, is why serious investors are driving SP to a realistic level which I believe currently should nearer the 10p mark at this time. Hopefully as we near the results the more serious investors will do their homework prior to realise and drive up the price.
Bring on a takeover bid even better!
Nice to look at a sea of blue trades rather than red. Looks like the investors have eventually woken, come on everyone join the SAT party.
Not officially at target, but I bet my left testicle that at the of the month the target will have been achieved. Looking at previous figures and acquisitions the number are 100k plus, not taking into account any cancelled contracts! Keep the faith
Yet another well timed announcement form SAT, just as S/P was slipping. Three bolt ons this is great news,100k target now achieved. The markets will love this announcement, again proving a solid reliable company with good product and good proven leaders. In my eyes this will steadily reflect in share price over the 2-3 weeks leading up to final results statement. I predict 9p to 10p by the end of month and then with a solid set of result at end of month 12p just in time for XMAS. Anyone disagree?
I agree, it seems strange the sp is still around this level. I can't see much movement between now and final results unless they announce another acquision, which is in the pipeline. Another thing that may make a difference would an announcement that the target of 100k customers has been reached. They have been saying for ages that they are well on track to meet this target. Or just simply a takeover bid. I still feel that this company is in a great position with a great team and a product in demand.
The other thing I forgot to mention is the possibility of a takeover which was muted a few eeeks ago. If there were a bid 12p would be at the bottom end. I feel very confident or put it another way , if you're average price is around 7.5p you won't lose money. Hopefully!!
I believe that as soon as the 100k customer target is achieved this will give more confidence to investors, one or two more acquisitions will also help grow the business. How long is soon, we'll both these could happen within weeks rather than months. Fingers crossed.
I have never seen so many positive indicators for a S/P. Surely this time it will continue, everything about this company is in place to take S/P to at least 12p soon.
Cant understand the 2 x 500000 sells yesterday. The day before a tender announcement. If successful should surely move SP up. Unless they know something I don't
Anybody have any news from presentation.
The only news I would expect is that they have hit the target of 100,000 customers.
My sentiments are that this company is perfectly placed to move forward. Technology good, demand present, funding, good leaders in place. As customers increase knowledge of products increases, leading to more customers etc,etc. I will be astounded if the sp does not hit 11-12p in next couple of months. Keep the faith!
Yes you are correct, investing.com showing SAT as strong buy!
Considering whats going on in London at the moment, it would not surprise me if the meeting is cancelled. That would be about right!