Member Info for Dartron

Correction: RBS had a positive UT of 20M but the SP closed down, showing that -in their case- 20M could not have been bought. (I knew there was something of note about it).

Hi Reg, Thats a good question. I had spent a while looking at it myself yesterday. You are referring to the large UT uncrossing trade, and also that it makes the volume bought look huge! Which is exciting if your invested here! I was quite fortunate as my two biggest shares did this yesterday (HIK and POLY). I tried to do some reading about the UT trade as a lot of time it gets dismissed on these boards as 'not part of the sales'. I noticed that several more UT trades on other shares were also very large yesterday, RBS had one that looks like a very large sell. I dont know why so much was traded at yesterdays close, but I noticed it, as did other people and it does seem unusual. But in brief, the UT trade is the outcome of the closing auction. When the auction closes as many trades as possible for the final price are executed, giving the volume. In my research reading, I did see that Iceberg orders can participate in the auctions and their presence will be revealed as the full size will be shown in the UT. (Iceberg order is a very large order executed in chunks, which normally full size is hidden). So it is unclear whether the entire 31 million was traded or whether part of it was. The good thing is that after the auction there was a 10.9k and 41.6k buy at the new price, which is very comforting if your invested here. That is now the new price (for the weekend, while no one can sell!) until they have another auction on Monday morning. Also, what ever volume of trades happens in the UT, they are both buy and sell, that amount of volume changed hands at that price. In this example, this website considers it a buy because the price of the trade was above the last mid price. Clearly, it is a 'buy' but just making the distinction that this is an exchange of shares.
Part of my research (best info in the video description): https://www.youtube.com/watch?v=sV40TBikG_8

Bought in today, very happy with a couple of % already. Been in and out of these a few times this year. Wont be long until we are back at £2.50.

Yes, I watch Biffa who have just issued shares totalling 20%. Concerned at SMDS too. Not so sure about HFD, much smaller company, with less need for huge investment projects. I am no expert at any of this, but BIFF and SMDS both have net debt to EBTDA greater than 2x. Quickly checking HFD, back in Nov 19 they said it was 0.7. (62.6 Ml) at that point it was also reducing. That is a much better ratio. I was in HFD all of last year, and really felt that they were turning things around, in terms of their offering. Dont take my word for this, like I said I aint no expert! Actually £1.65 was an average SP price for last year, but I believe that priced in the journey they have now completed.

Was just typing this out as you posted...
I think that volume has been very low over the last few days, lower than normal. I think there may have been a large'ish sell on Wednesday. With no buying appetite, it has held the price down. Nothing to worry about, and a great opportunity for anyone wanting to buy. Easy 20% gain over the next month.

Sold out, back at my entry point of 1.84. Shame, as saw well over £2.10 on 2 occasions. So many companies I want to invest in at the moment, just not worth the wait here or added risk. Already bought in to a riser today....

Hi OWLS, good to know your in, i was going to say to you to check out ULE again, I think they are looking very promising, heading for £25 ish I think. Back to HIKK and yes were looking good, I think after a little consolidation here, we should pass the £25 mark soon.

So on the 12th June, Invesco up their stake from 5% to 10% of ULE as per RNS. That is 7m shares. Looking at the volumes for each day, it looks like most were bought on the 11th, with a 1m candle, though its been done on the sly and not affected the SP much. We also have multiple directors buying in since March, who now have a lot of skin in the game. Now today we have 15m bought vs 2m sold. I think the smart money is buying these up, and I agree with the brokers notes that this share could reach circa £25. ULE deferred their dividend back in April due to Covid, however there seems to have been no impact upon their business. Im hopeful of nice payout and a nice rise up to the interim results 30th July. I did sell out of these, but soon bought back in, and have been building a large position here at £19 and £20. Hope to get some more but fear £21 has been passed now!

Do you mean the 2 x 300k buys at 15.55? The data from the LSE can only show the trade, this website uses its own algorithm to estimate whether bid price or ask price was paid (Sell or buy). Those trades are right in the middle, on another site I use, which shows volume against price, it produced a red candle indicating they might have driven the price lower, so possibly sells. Not relevant, but interesting all the same. Makes me think the MM's drifted the price down to fill big orders, which is very easy for HFD as it is a small cap share. I try not to infer too much in to the bought/sold statistics from this site, though undeniably there was 600k of trades.

Thanks Riffgo, your opinion is always appreciated. Yes i was lucky, one advantage of being furloughed I guess. Think I will leave it for now, like you no hurry here.

Glad you sold a few ElProfessor. Seems really hard to figure out the gold miners today. I cant understand POLY being down again, when the POG has not changed much. I can take some comfort in my sale of half my CEY yesterday, I put it in HFD which is also up today (well at the moment anyway!). Seems like today you can catch some of the rebound from 'normal stocks'. With the muted enthusiasm for gold miners, I dont see a rush back. I know this board is CEY but POLY seems more of a bargain right now. HGM looking a good entry too.

That is a good theory in that it all adds up. Nearly sold mine today, as relative to other shares I am interested in, it had at last gained in value!! I do not want to be a long term holder here, think it will be way too slow and arduous. I understand that plenty have held longer than me, but that is there choice. This is the only share that has not gained in value in 3 months of holding (nothing to speak of any way, traded in a window of 4p over the last 3 months). I am only continuing to see if the announcement of net debt free makes any difference. If no dividend is announced or no increase in SP then I cant see an incentive to hold this when there are so many other Goldies paying divs, and further more I cant see that Dan has an incentive to increase the SP either. Cheers! Clink clink.

Dont be scared to sell. I think CEY is a good investment, but with this volatility it is possible to trade this stock. I sold what I had bought in the dip last week, this morning at 1.64, by my rules, I will need to see 1.57 to buy back in, which I think is unlikely (this week). So I have already spent the money else where. Remember most other things just got 5% cheaper this morning and will likely bounce back next week. I am not predominantly a trader, but prior to CV19 I used to buy and hold for the long term, and it got me no where. I have made more since March than I did last year which was a great year for the ftse.

I have to agree with Jefferies on this assessment of B&M. I was invested in B&M early on in to lock down, when I saw the queues at there shop. The gardening section was sold out most of the time. However more recently, I have noticed that a lot of the aisles have been empty, not sold out but not stocked at all. This has left the store with only un-essential plastic tat and fluffy cushions, which I think will not be priority. It is a shame that B&M could not (or would not) adapt to the lock down events, we searched in there for some garden games to keep the family amused, but alas only a few poor boxes of bits of plastic that at most would be a model or jug saw of a sporting game. I think in essence, Jefferies is right, there is nothing to entice customers in to the post lock down store. I did mess up the timing of selling my B&M shares, missing out on a lot of the rise, mainly because of this sentiment. However, if I held now, I would be looking to sell ahead of the crowd.

Jefferies reduced its rating on B&M shares to 'hold' to reflect gains in the low-price retailer's stock and weaker short-term sales prospects.
B&M has put in a resilient performance during the Covid-19 crisis with strong ambient food sales when households were stocking up and good sales of gardening and DIY goods as restrictions were eased, Jefferies said.

This performance has been rewarded by a rerating of B&M shares when rivals have suffered major downgrades. This will be borne out at the company's results on 11 June but superior earnings delivery will be harder to maintain, Jefferies said.

B&M's seasonal non-food products will be less in demand from July and its lack of online food sales, combined with consumers consolidating their shopping, has made its proposition less attractive, Jefferies said. The broker reduced its rating from 'buy and stuck to its 410p price target for the shares.

Whilst remaining clearly enthused by B&M's longer-term prospects, we see a weakening of UK consumer footfall into discount food offerings as a potential ST [short-term] unknown once the relevance of B&M's seasonal nonfood offering subsides," Jefferies analyst James Grzinic wrote in a note to clients. "Relative valuations near peaks prevent material short-term upside from here, with more balanced footfall trends likely to prevail in the weeks ahead."

I did manage to sell just before £2.50 (and trading update). Might have another pop at this if it does get down below £2.00, slowly build a position over the next year.

Oh DIVOC is COVID backwards. Fingers crossed there a bit more innovative in other areas.

8 Million shares were sold on the last day of May after hours, this took Hikma from its all time high of £26.50 and began its decent down to the low point of £22.50. I wonder if it has taken that long to shift those shares, hence why the price has been depressed. I managed to build up a decent holding of them, averaging just below £24 currently. I may buy a few more on the way up, but judging by the after hours buys today, it looks like we may have begun the accent. I think this company should have a really strong set of results, and possibly once these (interim) and a dividend has been announced we may get back to £26 .

I would be interested to hear opinions about how this affects HUM in the short term to be net debt free, which we were waiting for, and it looks like they issued 10M of shares to begin to pay for this? Is it now more unlikely we will see any return to share holders in the short term?

I was always envious of the 1970's 'we bought our house for 3 grand' people. Hope i now become one, when my mortgage disappears due to inflation. And ill still have my gold stocks.

Interesting analyses Sotolo / Tiger. I had to sell another stock to buy more CEY today. I also bought very heavy into POLY yesterday. I think it is oversold a little at the moment, and a bit of knee jerk. The first day POLY dropped, it was up enough the next day to have a good profit, although I didnt sell, but just saying as there might be a bounce here on Monday. Id take it if that was the case, especially as no stamp duty on these.