Member Info for Fallingknife1

what's fuelling the rise?

Hi allatsea. Just dropping by to give you a wave. I am slightly underwater here or maybe break even with divis. Very happy holder though as I think it is undervalued.

Morning Cat. The Cat Club are out in force after your buy and have been rewarded with a 2.74% increase in the SP. 10p is ambitious I think when we have a dog ate my homework board we can expect some bumps next year. If they concentrated on getting production up to where it should be after this amount of time of the mill being in operation then with current CPO prices 10p would be sped past and in the rear view mirror. But we have our bread and circuses with Ghana, Guitry, Norpalm, Cashews. Grid energy.

I see the herd are arriving. Those pesky Aberforth Partners just took a 6% stake in the company. It has boosted the price but personally I hate it when these amateur investors pile in and complicate the market for serious investors. Grrrr!

but at least ahead of expectations. Is it enough for investors to dine out on though?

I just came in from a night on the tiles and see the SP has been floored this morning. The BOD should be carpeted for their handling of the company but there might be a buying opportunity here. Going to a net cash position after disposals so there are some things to build on here. I wouldn't throw the kitchen sink at it but intend to drip some money in here from now.

Was down a tick early on but now up 4.29%. Are we going to have some positioning in advance of Friday's production figures? There may be a delayed reported trade in the wings though DKL can move on small volumes.

It is a rollover. No way could FLX's SP could sustain those trades if they were both actual sells. More disinformation from the dodgy one.

Shocking update. Might be some value though when the SP has mined the bottom. I wouldn't mind picking up a few when the dust has settled after this morning's cave in. LTH will undoubtably feel shafted however.

still looking to get their fingers into this one, It might even strike 300p before too long. Seems lined up for it. BOWL is finding it hard admittedly to break out from 280 to 290 as I suspect a few investors are waiting for 300p to hit and run.

So as the RNSsays only the 235k trade was the buyback. Must be institutions piling in to account for the other large trades.

Afternoon Michu. Flx has been claiming to a sweet spot for almost ever without ever capitalising on it. Travelex will make no difference to FLX just as Ashley Madison and other cyber attacks have made no real difference imo. As you know I am sceptical about the loan that is paying for the Furnace deal. I don;t have to try hard to ignore what FLX is doing well because there isn;t anything that I can honestly name that is doing well. I have no problem with you or anyone making money out of FLX except if it turns out that the board are milking investors. You mention turnover of 5 million pounds. You have to weigh that against admin expenses of 4.14m in the last FY. We will see how much the sale of Furnace actually dents the admin expenses. The will make little difference for FY20. Even it's bounce off ATL's has been poor and exaggerated by how far it has fallen. And yet it shows no reason for it to be investable except the hope that it eventually turn good.

shares bought already so the company haven't wasted time. It is possible an institution bought the 235k of shares this morning. What effect can we now expect going forward now that the buyback looks complete?

Up 2% today Strudel so we might be having the 2020 charge of the light brigade. The last results were dismal so unless a buyout is on the cards there is not much to be cheery about here.

Afternoon Phil. Gone backwards on small volume. A fairly illiquid company where small volume can move the SP 5%+. Pity if it doesn't recover from here before Q4 production news as a 6% rise would then see us just above where we are now. When we really want to be on the front foot. I do wish the BOD had put some effort into getting production up as it all seems a bit laissez faire to me.

BUMP. I thought I had lost my bearings but it seems shorters are in the driving seat after all. Made worse because Rolls Royce has sped past it. Given the bad update I won't be doing a u-turn on buying these.

Very large trades today with a second of each other. Must be a rollover as the price has not been affected.

so about 22.5% of the buyback completed. Unless an Institution has decided to dive in for some.

and already an impact on the SP. The notional bid has stayed low but with £10m to be bought back, a supportive institution and usualy very few trades the ask will certainly move up from here.

the low investor libido for this share. Down almost 9% so there are clearly low levels of desire. Is there any topical application for this sudden drop in performance. Will we ever see a rise? The company should treat potential investors to some lunch and soem wine and see what happens.