Member Info for Davius

Think I might cancel that buy and try a bit later, taking too long and the SP is still dropping... risk of missing a bounce, but chance has to be taken.

They were valued at £160m in May, now under £15m (at 17.75p), with a £12m cash pile plus some other assets. I think at this level they are a prime takeover target, and the profit warning says that they will probably break even for 2007 with some contracts delayed until the 2008 accounting year. Broker taking ages to place my order, but I did put it in at under the market price. 18p would be ok I think. Would look for a recovery to the mid 20s over the next few weeks, fair value must be 20-30p and 30p+ if an MBO is considered or takeover interest appears.

I'm a big fan of recovery stocks. Have decided to buy into WNG for the longer term. The warning today suggests that they will break even for the year, but the cash pile is equivalent to 13.79p per share. The contracts delayed this year causing the warning should mostly appear in next years figures. The shares are now around 20p, I have an order in, but it's difficult to trade these at present. Current Market Capitalisatin is £16.1m, net cash is £12m. Recovery may take a while, but 12 months hence it should be a lot higher.

In these turbulent times, day trades are sometimes appropriate. None moreso than yesterday with WNG. A profits warning today would have wiped out the profit and left me with a hefty loss if I'd hung on overnight. Not that it was a large trade, but the relief is palpable.

Just had a call from their financial PR firm in response to an email I sent them. The results are due the 12th Semtember so they are in a closed period and able to divulge very little. I did get the feeling from the conversation that the results may well bolster the company and offer some support to the share price though. They have just appointed a new broker, so expect a report and a target share price at or just after the results. One to watch and consider a buy if the SP starts to rise ahead of the 12th.

Hi again Harpreet. The figures look very good, a P/E of 9 for the current year to the end of September, falling to 4.5 by 2009. Plus they reportedly have £13m for aquisitions. The poor summer has already been priced in I would say, the slump appears to have been overdone, not aided by the falling markets generally. The shares ought to be somewhere above 60p I would have thought, so I'm in today at 48p. An easy share to trade on a T20 too.

I have no holding in these Harpreet, but they've taken another dive today. Interesting that a broker sell with 67p target should result in such a fall, especially considering the cash pile this company has. I think this drop is overdone and they may be due a bounce. Some signs of that happening already today.

Bit of a disaster last time round, my buy at 446p hit it's 10% stop loss pretty quickly. Good job too as the fall since then has been hefty. No intention of buying back in during the current market turbulence, but if and when we return to some normality and (perhaps) the bull market returns, these shares may have a 'summer sale' price tag.

Opened lower but now moving ahead rapidly. Considering the company brought out an RNS in support of the shares saying they knew of no reason for the fall when they were at 164p, the rise to 112p (mid) this morning leaves plenty of upside. Lots of buying in the last few minutes. Shame TDW didn't place either of my orders, they'd now be up 10%.

Exited SKP back in May, since then they've had mixed fortunes, moving ahead before bombing again recently on news of a delay to Flutiform, their potential blockbuster drug. Tempus in The Times suggested that they were a good buy, but they've continued to fall and reached a new low today. Not yet tempted back in but they have potential for a quick short term rise, will be watching closely.

A fine question. Unfortunately I don't know the answer, they are still expecting to make a loss though. Couple of million I think I read somewhere, but not sure if that's for the results due in September. I thought I'd try a speculative buy and put an order in at 98p, then another at 102p, both failed. But then who knows, it could drop to 50p tomorrow so perhaps better to stay out whilst we find out the cause of the drop. I suspect this may be yet another shorting attack, maybe the papers will indicate something tomorrow.

The share price of Artilium has crashed today, forcing the company to bring out a statement. They closed yesterday at 164p, and dropped into the low 80s at one point before an auction kicked in when a buyer ordered 30K at 99p. The Board of Artilium plc ("Artilium" or the "Company"), the AIM listed provider of telecommunication and unified technology solutions, has noted the recent fall in the Company's share price. The Board confirms it knows of no reason for the fall in the share price. Preliminary results for the year ended 30 June 2007 will be issued on 12 September 2007 and will confirm that the Company's performance is in line with management's expectations.

Shares in Worthington Nicholls Group were down in late morning trade, as Daniel Stewart said its 2007 profit forecast for the company was 34 pct below the company's brokers', prompting it to repeat its 'sell' recommendation and set a target price of 67 pence. At 11.20 am, shares in Worthington Nicholls were 10 pence lower at 66. Daniel Stewart said the installer of air conditioning, heating, ventilation and chilled water systems has not announced any new business wins since its interims on June 29. It added that unexpectedly mild UK summer weather had reduced demand for ad-hoc maintenance of air conditioning. The broker said this leads it to forecast profit of 4.16 mln stg, but if no short term business is won by the end of September, the broker said even this figure could be 20 pct too high. Without acquisitions, Daniel Stewart values the shares at 57 pence, but the broker said there could be significant upgrades as a result of acquisitions once the company spends its 13 mln stg "war chest". Yet the broker cautioned that, on its numbers, this would still only bring its valuation back to 75 pence - in line with the current share price - and Daniel Stewart said it sees more downside before the share price starts to recover, leading it to set a target price between the two extremes.

Last trades before the close went through at 128.75-130p, a 24% rise on the day. Will be interesting to see what happens tomorrow, now we've had 6 straight days and 115% rise in the share price since the close on the 1st August. Company now valued at £54m and forecasting profits of £10.5m for the year to July 31st. If they can sort out the debt then plenty of opportunity for further gains I would have thought. I'm not planning on buying more but will hold for now.

Out of auction and suddenly moving ahead quickly now, 1024-1025p. Shorters getting out I think, and speculators piling in. No, make that 1027-1030p, can barely keep up with it...

Auction kicked in at 1014p, currently looks like it should come out of it at 1011-1014p. A price last seen on the 25th July, very welcome to see it heading North again. Huge volume today, getting on for a million shares traded, compared to a fifth of that yesterday. Something must be happening, perhaps it's those peskie ruskies finally closing their short positions.

Well level 2 went bonkers a minute or so ago, sells virtually dried up. Now showing buy volumeof 193K and sell volume of 26K at 123-124.5p

Morning win38, expect you'll be smiling today, auction kicked in at 100p, should come out of it in the high 90s I think. No RNS yet but believe one is due in the next day or so, regarding contract wins and perhaps banking details. Looking promising.

Some heavy buying of Carter & Carter this morning, continuing the recovery of the share price seen on Friday. Had an opportunity to buy in last week at 58.25p but thought they'd go lower. Various rumours circulating, banking extension agreed, possible 125p a share US takeover, etc, etc. Some slightly larger buys coming in over the odds, such as a 25K buy at 88p a couple of minutes ago on a spread of 84-85p. Remains speculative, but if they do announce support from the banks I would have thought they'd go higher.

The last day of trading was the 1st August, from the 2nd they are delisted. Trading would now only be possible on a matched bargain basis, so if you have shares to sell someone will need to be found who wants to buy them from you. Barclays own most of the company now after the debt for equity swap, recollect it was expected to be 93% but it will be in an RNS no doubt. It's possible that if they can turn things around they may refloat in a few years, or Barclays may sell the company on.