The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Raising the bid sharply this morning looks to have done the trick and encouraged some sells for the MMs to accumulate. They obviously need shares, as, like us they will be expecting news shortly. The fact they are happy to take them at or above 15p is if good sign IMO
38K trade. That's more like it. Something must be close or just delayed reaction from director buy........
finally time for TNCI?? been waiting patiently. Only drawback is if there can be no further news for 30 days due to director buy........
Some buying here - not much - just 1 or 2 per day to keep the momentum going. MMs will gradually drop the ask / bid as single sells appear over the weeks to take us back down again. I hope the period to the next news is not also long as the last. For the director to buy shares @ over 20p makes me think that we are very close to some company changing news - be it a joint venture, large contract etc. I would also expect the next set of financial results to come in profit as the income from existing contracts filters through.
That was fun LOL
Sorry mate - quick question – because it is transfer is between the two parities do you think it constitutes a director buy?? If so does it mean we can’t get any SP sensitive news for 30 days.
I agree with Riddler RE OTC - Not at computer yesterday so in the same boat - can't believe the fall - but one thing is for sure, it will recover......
Cheers mate - just seen it. Good news indeed. He is willing to pay over 100% more than 25th closing price. Why would he do that??????? Obviously knows something is very close and 20p and the SP will be substantially higher than 20p on news???
I wonder if JV announcement leak or another contract. Usually does this day before or morning before afternoon an announcement.
Thing is when news breaks on this share you won't be able to buy at all.
Still waiting for this JV to be announced. This share certainly goes to sleep between news. I guess patience is the game with this one. I am hopeful that the next trading update (which should be fairly soon) will show the company in profit. That should be a game changer for TNCI. Only 10% of shares in public hands Hmmmmmmmmmm.
interesting to see the MMs are treating this a bit like a nightclub. LOL Hopefully the price will hold around these levels. Interest should slowy start to build here........A few buys a day should keep things in order.
25% is all we are getting today. All gone quite after 10am. Need some more buyer sor some + press comments about size of current contracts V market cap etc. A JV RNS would also not go astray..............
I wonder if this will drft down to that level between now and the 14th December?
Just goes to show what a few purchases does to this SP. This has been worked down over the last few months on no news; however there should be news of a joint venture soon that will be transformational to the company and its revenue. When that baby is announced and buying pressure ensues, this will go into orbit……
Was looking to top up from ANGM - but as usual more delays.....have to be patient with that one as well!!!
another 3% drop.....taking the P now.........
Small sell of £500 and they drop it 3% ......classic........
Quite on here. Should see JV news soon (I hope!).......and another contract would also been nice. Previous RNS was not good on the revenue side, but I think that sould be the low point for Tinci's finances going forward.
http://www.investegate.co.uk/Article.aspx?id=201009140959356357S