Member Info for Davius

Could also have been a delayed trade from earlier kicking off the swift fall... although not reported as delayed. Either way, it was too low for a large buy and too high for a large sell at the quoted spread, maybe just an MM to MM trade misreported.

Ah, no, what I meant was that attempting to trade near to the bottom results in a failed trade, the system errors. The same has happened on the previous blips down when my buy orders failed. I suspect (as do several on advfn) that these are market maker shake outs, forcing stop loss sells before hiking the price back up. They don't want buyers piling in at the lower levels, so quite a few attempted trades fail. I'm not looking for a vast increase in SP, just pushing back up to 300p would be a fair target. We've closed at 300p+ for the last four trading sessions, but the range over each has been quite wide: 04-Jul Low 277p High 304p Close 300p 05-Jul Low 287p High 316p Close 300p 06-Jul Low 301p High 314p Close 305p 09-Jul Low 300p High 315p Close 303p The risk is if we've move into a lower trading range, which of course is quite possible.

Another of those blips down. It seems quite difficult to trade anywhere near the bottom, and when it falls so rapidly if you put a fill or kill price in then it can have fallen below it almost immediately. Have bought two tranches this time, the first at 291.7p on the way down and the second, a T20 at 288.94p on the way back up. Level 2 has swung around quite sharply now, buy volume 63K, sell volume 27K, now 292-294.5p.

Not one for me, forecast to make £250K for 2008, rising to nearly £1m for 2009. So pontential yes, but there are several of these companies and they tend to fold with investors loosing everything just as it's about to get interesting. See what happened to NLX and the continued wait for investors in IHGP. I know that we should not paint all of these companies with the same brush but it does seem very easy to set up a real estate business, float on aim, milk it for a couple of years and then fold. Anyone investing would be well advised to do their research and find out what other companies the directors are, and importantly, have been previously involved in.

I suspect PSN was lower as the profit warning and drop in SP of BVS hit a number of house building stocks. Working Lunch had a brief mention too. Was watching BVS thinking about buying during the afternoon, glad I didn't though as it finished at the days low.

I took a very quick profit on my purchase last Thursday. I do have a further holding (tiny) bought a while back, but not large enough to get me excited. I keep watching with interest though, any opportunity to buy sub 4p will interest me.

Morning didman. The point isn't that Higginson sold his shares, but the manner of the sale. His holding was large enough so that he could make a private sale direct to ZED at 50p a share, even though the market price was much lower. This increased the ZED stake so that the company is now suggesting a delisting of MOB and the share price is currently at 18.5-18.75p. His comment was that anyone can organise a private sale, but if you ring them up asking for 50p a share for your 5000 shares I suspect they'll politely tell you to bugger off. One rule for the rich. Good luck with NPT.

Still kicking myself for not clicking the buy button at 1120p. Trading today is showing up as 947K buys against 53K sells and yet the price is lower. Will keep watching for any steady upswing I think, now 1183-1184p. Three buys just went in well ahead of offer (13p) so presumably T20 buys I think. I'm quite surprised this is still stuck under £12.

Always a pain when work gets in the way of reading the forum. Anyway, level 2 now at 2-2 at 306-307.75p with buy volume of 91K and sell volume of 45K. There were some big sells below offer at around 12:20, 782K odd of shares sold at 305p and another 300K at 12:33, but since then mostly small buys.

Back over 300p again now, level 2 showing buy volume of 85K against sell volume of 68K. No way to know what caused that trading blip. For a few seconds all buys bar one at 201p had dropped off the system, leaving the spread, briefly, at 201-293.75p!

Heading south once more, 293-293.5p now. Will wait a while I think as there are plenty of sells lined up at present.

It's when the there are buys on the system at a higher price then sells. The auction kicks in halting trading whilst buyers and sellers get their orders sorted.

Put in an order at 298p but it failed, just above 300p to buy at present.

Lots of buy orders kicking in sub 300p but the shares locked into auction...

Now THAT'S why I go in light on my first buy on this kind of share lol, always the chance of a swift fall and therefore the opportunity to go in heavier at a lower price. Auction kicked in at 290p now, might be another chance to buy in sub 280p maybe...

After the profit warning on the 29th, they fell to close at 480p. When trading resumed on Monday rumours of a heavily discounted rights issue and problems with the bank caused a further crash, bottoming out at 217p (according to the chart) before recovering to close at 280p. Director buys and a statement from the company saying they had no plans for fundraising and no issues with the banks helped in the recovery. I would say the assessment of where the shares should end up would depend on growth prospects for 2008. My estimate would be somewhere between 300p and 400p, and after the recovery this week we're still well towards the bottom of that range. The fall from above 800p to sub 220p was clearly overdone on a relatively minor setback and all the more spectacular as they were over 1200p in March. On the basis that fair value has not yet been reached I've taken another position and bought again at 309.7p this morning. Well done for hanging in there Vlad. Level 2 showing buys just ahead of sells and 3-1 at 314-316p at present.

Well ahead at the open this morning, now on a wide spread though,at 308-315.5p.

The company may look good, but Martin Higginson won't be getting many new fans when they see what he did to MOB, selling a big chunk of shares at 50p and sending the share price into freefall at the fear of delisting. I certainly won't be investing in anything with his name behind it, even though I was out of MOB well before the recent troubles.

Yikes! Well, 5000 shares at 227p would have cost £11350.00. The charges would have been stamp duty at 0.5% which is £56.75, plus an £11.95 dealing fee. At sale time just the dealing fee of £11.95 applies, so total charges to me would have been £80.65. On this share it would not let me buy on a T20 at a specified price (could have had a T20 but with no idea of the price until after the deal) so a T10 was the maximum available. That would have meant closing by the end of trading on the 19th (effectively a T8 if you don't want to pay for them). It looks like you get a significantly poorer deal. Will post another comment to the TAN thread.

Ah, a small typo. Such things have caused companies to crash of course, like the junior trader in Japan that got the number of shares and the price the wrong way round and lost billions. Anyway, the close was listed at 300.25p and that late move is one of the reasons I try to exit on a share before the last day of trading if possible, you are held ransom to whatever price is prevailing at the time. Better to set a target, take it and walk away I think, less stressful. My CART profits (a third of yours due to the cautious investor in me) are tucked away in CMR for now, a 25% hike there would be very welcome.