Member Info for gggg21

The o lu news this morning relevant is that retail sales up more than expected. There was worry that the figures would be bad as this reporting by ons had strangely been delayed until today.

75% pmh?

Wtf! That is the first “blue” close since August 22nd. 7 trading days ago. Surely not right 🤣.

Nasdaq took a turn down into close 2% down. 10% down nice Fridays open. Last two days they close it on days low and manage to do 1-2% decrease with that. 44m in valuation lost since Friday open. Sub 400m mcap now. They sold a business last month for 100m that was doing 14m in revenue….

Net debt at 230m and cash and available facilities at £278m.

I think you can see we are near the bottom of the recent pattern here. Most stocks are down 3/4% today and thg is 0.56% down at time of writing. Was stacked buyers at 27.4 on the book. I took 6k earlier at 27.44 to add to last weeks buy.

RSI oversold here as well. Was odd that they managed to pull it back yesterday on such low volume when a 25k worth buy had to pay 0.4% over advertised yesterday and was nt to buy volume like that.

Declared shorts haven’t increased since early July so it’s not shorting pressure. Do wonder if we see Frasers tr1 in the next week or so.

Rightly so it had the upgrade from DNO results when DNO jumped 15% and genel did nothing. GKP was also up 10% in that period. Genel was the smart move in low 60s for catch up play

Yep been saying this was to cheap compared to peers which all moved. Up 15% happy days.

Had an order for 20k filled today 68,000 shares at 29.40 average can’t complain at that.

Kamani or ceo director buy to pop up this morning given volume and fact when one buys (Kane) others do to.

That is the first time since the end of 2021 that reported shorts have been below 3%

It’s the 3rd largest director buy in the last 12 months on the uk stock market….see how much the kambis have bought yesterday/today. Currently 32m in volume. Bound to be another significant buyer. What will Mike do

Right on the 20 day ma now. Look to clear here and next stop 18 for 50 day ma

£960k worth buy then. Around 9x larger than her last director buy. Suspect there will be further director buys given the volume in the last two days is around 5% of the shares in issue.

Be interesting to see short tracker update later to see if they responded to the news.

Agm soon and they need the votes…..

Huge trade

First broker upgrade popped up on Bloomberg with buy price 30. States that the turn around has started and a lot of the loss is for one off write offs

Well they are better than expected. Capex down net debt down. Ebidta up. Selling of plt. A little like thg selling of some of group they raised 100m. Current mcap here 203m. Think someone said if they wanted it cheap now be the time to pounce. Best seller maybe interested in plt as may mike. Shein the obvious one to. Next maybe other interested party given their online growth.

If they can reduce the debt

Best to listen to DNO presentation last week, they were bullish. They are confident of being reimbursed the outstanding debt owed to them and then said they plan to go back to 100,000 plus which is a big increase as they said even with pipeline not online they know they can sell all of this locally.

Still bizarre that Genel have failed to update shareholders that tawke is restarted (when they did update shareholders that it was paused) and about the uplift to 100,000 coming

Strange day. Genel held here despite having the good news this morning from dno upping to over 100,000 for tawke and restarting.

Gkp up 4%. Dno up over 10%. Genel no movement!

Gkp up over 8% in the last month and Genel down 0.6% in that period

Dno up 9% on resuming and updated results. webinar in 40 mins see what they say. Gkp touching recent highs 180 this morning.

Genel but slow to update market that production starting, given dno have this morning