Member Info for daisyp

Read yesterdays rns. ~15p per share capital return to shareholders

I think you should listen to Rforrester as he's actually saying it as it is. I was an investor for several years but sold out at 10 last year on the advice of an institutional investor. There was absolutely no reason for them to be at that level, except a large investor building a major holding. When they rallied to 12 I thought I'd made a mistake. I keep an eye on progress but I'm afraid there isn't any. Perhaps one day but I'm afraid the price will head lower for now. It's all very well saying mcap is roughly cash but that cash is only going one way.

That's because there's a large seller working

Consolidation

Downes is a very experienced stock broker and has been around for a long time. He is also a shrewd investor. Good to see him topping up his holding yesterday.

Almost no chance of this being shorted..... far too illiquid. I would expect that it will retrace to 26/ 27. I have seen it all the way up to 52 in the last 5 years and firmly believe that it will go higher than that long term. It's a good company, with sound pharma investments, plus a successful hotel. Once they get more exposure over here who knows where it may go. There are some high brow investors, including Hendersons, who firmly believe the story. I have built up a big position over time and am in for the long haul. They report on Friday, which may have some bearing on the move. hopefully some cheer there

Did you miss the downward movement from 28? Technical situation in the market, which was long. Sellers come in and due to lack of liquidity price hammered. I can only suggest some of the sellers taken out and price trying to return to more reasonable level. This is a good company but doesn't have enough broker exposure. Expect to see a new broker appointed to try and change the situation.

..... are all institutional, my guess is there are two buyers and one seller. As all the business is done at one price (agency cross) the wonderful LSE software will show them all as one way, in this case sells. One of the buyers is happy to disclose, the other may not have reached the first threshold yet. I'm guessing the seller will announce any day now, but holding off as he continues to sell on rising prices. Simple profit taking, nothing to worry about. These things are heading North.

Good 2 way institutional business

Yes, shares still being bought in the open market. No different from us buying them and being held by a nominee, except spread bets are not subject to cgt. Many retail investors are using this method, and they are not going to worry about illiquidity in this type of market. Look at a recent holdings RNS in AKR. A private investor bought a declarable stake - that was as a spread bet.

Don't get too excited..... Commerzbank are the bank writing cfd's and spread bets for many retail investors. Not stake building! This one is going to be good anyway.

Looks like Rob Giles picked up Legal's stock. Not surprised they've moved up on the news, he's one of the best small cap fm's in London.

The righs issue was how they managed to clear most of the debt. The banks agreed to an equity debt swap. Without the previous level of debt, a way to reward shareholders who supported the company is to hand out these dividends. Long may it continue.

I agree with you. The recent weakness was mostly due to L&G selling their position in an index tracking fund, which you can deem a forced sale. There may be other tracker funds doing the same, but once these shares have been absorbed we should see a good rebound to a fairer value.

Just ignore the buy/ sell info. It's misleading as its purely predicting, using the spread at the time of the print. Price went up as there were more buyers than sellers.

He can't really answer as it's inside info, if true. His source will be a bit miffed if he finds out the info has been posted here. If its true it will be good news in my opinion

I should show a little caution discussing this topic. If you are correct, which you probably are, it's not information in the public domain.