since july 2020 this stock has fallen in price, yet shore capital have never forecast this have they? shore capital are the house broker, and also have a business connection in that the largest share holder of bvc is one of their ned's. of co**** there will be influence. that fact you can not objectively acknowledge this makes me question your contributions here.
and of co****, it was shore capital who facilitated the last placing in 2019 at 42.5p. wonder what their forecasts looked prior to placing? bullish i would speculate. if you want to understand what a puff piece is, i suggest taking a look in to the mirror.
Would depend on your broker, whether they could carry that stock or not. Most big names would be able to cope with this.
Very similar to transferring brokers, you have to make sure new broker can carry all your current equities.
Options represent 6.6% per cent of the Group's current issued share capital. Handing out the freebies, to encourage them to stick around? Never like to see options granted when the SP is on its knees.
Perhaps this will make more sense after a coffee. Still not a holder.
So you see no problem with a company writing a 'puff piece', when the largest single BVC shareholder at 22%, sits on the board of the company writing the puff piece? Ok, and we should listen to you because...?
I think that if they did want to do a Raise, they would have done it already.
They will know the price is dropping by the day, which effectively means the RI gets less appealing as time goes on. If they needed one, they should have done it above £1 before the interims. You also have to appreciate that if it were a placing, the shorters do not automatically get preference to buy the shares. A further note is that both firms who are declared short have already REDUCED twice since June - they would not do this if they were privy to an incoming raise.
2 which spring to mind, IQE heavily shorted by JPM from January then raised at 20p in May. Still struggling, though lack of revenue is the issue. JPM increased right up to the raise (might even still be short!).
KAPE, I think was also shorted by JPM, and raised 200M allowing JPM to close their short. KAPE then got taken private for 1.25B. I recall buying this after the raise, and did ok.
I actually think this is the last throws, and normally most violent part of a short to recover the most stock. I rarely check here, even though I hold. Not worried.
For everyone who says a raise, there is as much chance of a short squeeze.. I like to hold shorted stock, it throws up opportunities.
The same operators who sold stock to take it here have been buying it back all last week. Plus it now got noticed by a few traders on Twitter. I think it is just market mechanics.. Very happy with my gains today. Keeping a chunk in pension, and flipped my trading shares this afternoon, on to find the next set up.. I think this should recover to about 40p, without news. A wouldn't rule out a buy out from EDF either.
Last time I was hesitating about buying something like this with a high yield, and a lot of debt, it was Civitas housing REIT. I hesitated too long last time, and missed out on it being bought out for a 40% premium. I was so close to buying on several occasions! so I have bought in here, and will build a stake accordingly.
https://www.thisismoney.co.uk/money/markets/article-12063291/Civitas-Social-Housing-agrees-snapped-485m-takeover.html
Jefferies raises Moneysupermarket.com price target to 305 (285) pence - 'buy'
Looking like someone desperately wants stock today, just went to auction.
Still rated as a buy in IC
https://www.investorschronicle.co.uk/news/2023/08/14/centralnic-defies-advertising-gloom/
Conflict of interest here though?
https://www.shorecap.co.uk/about-us/directors/
Non-executive Director
Dr Marom is founder and CEO of BATM Advanced Communications Limited. A former first lieutenant in the Israeli Navy
Sold a few, losing confidence. If things are going well, not announcing is underhanded. Alternatively, things not going well?
Cant lose my profit here again. Frustrating to have to start banking without news, but that is TXP for you. No interest in making it easy for PI's, I expect going forward that wont change.
Theres a short reported on this now. Dont know if it was a quickie for the results, or this will go lower. I have exited.
I have averaged up today, this looks like the first base in an uptrend, and potential cup and handle break out. All the news is good from the company, next stop 138. On the 23rd of February, it went from 130 to 139 in 2 days.
All the best mate for a speedy recovery.
Final dividend of 2.2p per share. This will be paid on 29 September 2023 to shareholders on the register at the close of business on 1 September 2023. The ex-dividend date will be 31 August 2023.
Still be vigilant, like I say one of my phones was not run past Experian. This is organised crime at the end of the day. If they have a man in the phone shop it could still get taken out, or if they use a different agency.
Guys not invested here but can share my experience after a data breach:
My (large firm) accountant told me my details were breached in January. All I got was a letter saying they were sorry, and an offer of Experian assistance.
In March, I received my first paper letter, instructions to set up a direct debit with a mobile phone company. Upon investigation, with the ID that was breached it was enough for someone to get a phone on contract in my name. They take the phone home, never switch it on (as it could show their location). Wipe the phone and sell it on. In all I had about 5 of these. One of them had opted for paperless billing so I only got notified when the payments were at the point of being handed over to a collection agency. Whole thing was an absolute nightmare.
I was offered the Experian thing, which is a bit awkward to get your head round, but you MUST DO, is to set up a log in and turn on your credit lock. Had this of been on, most of these phones would have been rejected. (Experian are not the only credit agency, so if a phone company used Equifax for example, it might still get taken out.
If you are a victim, report it as a cyber fraud incident on the https://www.actionfraud.police.uk/reporting-fraud-and-cyber-crime, You will get a reference which you can use to get the contract shut down. It is very stressful. If you are a victim, there is then a register that the credit agencies share, and eventually the other agencies will know.
I set up a new bank account, closed my old one, and to this day I still use credit lock - as I have no plans for any credit.
Good call Trek, Short increased on PHNX yesterday. Those pesky GLG, there on several of my stocks. I will buy PHNX with some TXP gains once Paul inks the paper!. (Too much AIM, nothing against TXP, will keep most of it).
GLG Partners LP 1.10% 2 Aug 2023
Back to waiting. I think Paul is looking for his biro now...