Member Info for dh42

Glad I'm not the only one who tried to catch a falling knife. Bought in yesterday at 1.29, just before the shortlived bounce back to 1.40. Oh well, let's hope it's found the floor now. Unless some additional contract news comes, I'm expecting a long wait to the next (positive?!) results in 6 months

According to the Redcentric web site Kestrel is (was) top shareholder at 7.2% So he's beaten that already and apparently still buying. Wonder how much further he intends to go.

Just out of curiosity, does anyone have any information about "John Stanislas Albert Radziwill Humble Trading Limited" ? The phone number is in New York but I can't find a company with this name and an NY address.

Today was relatively quiet after the fireworks of the last 2 weeks. So it's probably a slow drift sideways until the next news hits - hopefully soon. GLA.

Just noticed the chart has a short spike to 92 and back again, presumably lots of automated trades again. So yet another TR1 later today?

SiJew: There are various rules relating to disclosure and transparency of share ownership, i.e. who owns how many shares and how this ownership is communicated. To simplify the rules somewhat, "A person must notify the issuer (in this case RCN) <,..> if the percentage of those voting rights reaches, exceeds or falls below 3%, 4%, 5%, 6%, 7%, 8%, ..." It's then up to the issuer, i.e. RCN, to submit a TR-1 form notifying everyone of the change. Have a look for "DTR 5 Vote Holder and Issuer Notification Rules" for the gory details. So looking at this evenings RNS, we learn that John Stanislas Albert Radziwill Humble Trading Limited increased their holding from approx. 8.7million to 10.2million, crossing the 6% threshold and triggering the TR-1. They now have 6.98%, so if they buy a few more then RCN will have to issue another TR-1 when the 7% is crossed.

Not really sure how to interpret this morning's MXCP RNS. Is this good news or bad news for RCN? Oh well, eyes closed and fingers crossed, just hit the buy button for RCN. Hope I don't regret it.

No, nothing like 2e2. But it's not going to become the next AWS / Azure / Bluemix either (would be nice though :-).

I guess it was inevitable that the price would eventually fall on profit taking, I did the same this morning and sold some for a very nice profit. My guess is that it'll drift back 2.6 or 2.7 within a few days. Unless of course some more news comes first, in which case I can kick myself for waiting too long.

Yes, net debt is better than originally thought and the pre-close RNS from 29th Sept. also states that "Cash generation has improved during the period with a corresponding reduction in debtor days". OK, that is an improvement in some aspects of performance, but doesn't necessarily tell the full story. I should mention that I work in IT security and am very skeptical about small companies that offer cloud services - it's a very competitive market and Redcentric is definitely not the only cloud player out there. Redcentric's security offering doesn't bowl me over either and there are loads of other companies in the security space. I'm not trying to deramp and really do hope that Redcentric succeeds (besides, I've still got some MXCP shares). I'm just cautious and happy with my 50% gain.

MrBasse: I've just re-read the RNS but can't see anything about "performance is likely much better than previous thought". The RNS does state that net debt is lower than previously thought, and also that revenue for the six months to end Sept. has been in line with management's expectations.But what about costs, profitability, etc.? And what exactly were management expectations? BTW, I bought at 58 as I was in a meeting for the first few hours of that fateful day, so I missed the initial climb from 40. Still very happy with a 50% gain. I may consider buying in again if the SP drops again tomorrow. Re-reading the RNS I also noticed the following "the Company will provide a revised date for the publication of its interim results in due course", so we should get some warning before the results arrive.

Obviously I can't speak for anyone else but the reason I sold out on Friday was that news should be due sometime soon, not only with info about the hole but also on trading generally. I'm fairly confident about the hole (way oversold), but not so sure about the rest of the business. Anyway, that's my reason for selling and maybe others have similar opinions, which may explain today's fall. On Friday I was kicking myself for "only" getting 88p instead of 90something. With hindsight I can't complain too much. Feel free to laugh at me if I'm completely wrong (wouldn't be the first time) and good news drops later today or tomorrow.

Hmm, at the top of this page it now says bid 80, ask 0, spread -100%. I'd be delighted to buy and sell at these prices. Long may it continue :-)

If the MMs state they have 20k then I expected to get the first 20k at that price and the rest at a lower one, at that time 3.5. I know this share has limited liquidity but in this case this shouldn't be my problem but the MMs. Obviously the MMs have more freedom than I thought and once again it's the PI that gets screwed while the MMs get to profit. Oh well. Live and learn.

When I submitted the order the MMs had 20k shares at 4 and the rest at 3.5 . As soon as they got my order they dropped the sell to 3.5 . B****ds :-(

The first sell today was mine. The results don't look good to me at all. PIP looks like yet another example of jam tomorrow, and AIM has far too many of these. I'll keep following PIP, maybe things will improve in 6 - 12 months but at the moment I see better investment opportunities elsewhere. GLA.

Well said. PPG certainly has great potential but AIM often defies logic. I'm sure that in 1 - 2 years the SP will be nowhere near 2, but I'm not going to try and put a number on this.After last weeks rise PPG should gain far more attention, so I expect the AIM herd will arrive in force sometime soon, maybe even this coming week. If/when this happens, then I'm expecting a further short term climb and possible bubble. The downside is that the herd also includes numerous rampers, derampers and other idiots, so I fear this board will degenerate into a real slanging match next week. Anyway, GLA. I've certainly enjoyed the ride here so far.

I do wish companies would stop using Adobe flash. Anyway, interesting slides but already 7 months old. I like the statement on pg 19: "cash breakeven targeted in 2H FY17" (i.e. 1H 2017)

The previous final results were announced (by Pinnacle) on Jan 22 for the year ending 30th Sept. 2015. So assuming the financial year end hasn't changed, my guess is we'll have to wait until mid Jan. Only 2 1/2 months away.

I've been following TECH for a while, thinking about buying but didn't realise that 'he of ptv fame' is a board member. So I guess I won't be clicking the buy button here anytime soon. Many thanks for the info!