I make this the ninth time JP Morgan has day traded This stock..Each time buying a huge 0.5% and selling at a big profit on a tiny margin.. Everybody is at It these days it seems
MCap £105m.... Company debt...£1.8 billion...An analyst has recently pointed out that no big British players will attempt a takeover due to competition concerns as they all already have substantial online holdings..That leaves foreign buyers???
Nobody in their right mind will buy the whole group..It's debts are collosal...William Hill might fetch a decent chunk of money or 888..The company clearly will collapse if no one wants any parts of the business..Whereupon evoke could be bought out of liquidation on the cheap with no dents..This might be a ploy to not buy any parts per se ...
Chill pill..One can only surmise that one holding institution is using the positive results to sell down it's holding,but off book..Need to wait a few days for a recovery
JDS...Dodgy practises yes...They are operating in West Bank and East Jerusalem..However trustpilot recognises groups of people thru their IP address so they exclude Palestinians from booking thru them but Israelis are free to book via truspilots website.
If grizzly persists in its claims,l suspect the FCA might launch an investigation into trustpilot business practices,which would seriously harm the shares.. Investigations usually take 18 months to 2 years...
So trustpilot is hoping that time will make people forget about the shorting accusations and business will return to normal...The claims against it seem to be accurate and truthful regarding extortion but they are riding it out... Companies pay an annual subscription to be on trustpilot..Those that are not are given an account anyway and then it seems trustpilot encourages folk (thru benefits or gifts etc)to give negative reviews...Once this happens trustpilot only allows companies to answer back or counter the negatives thru being able (once a subscription is paid) to respond...It's a way of forcing companies into paying for subscriptions...The FCA should be investigating the Danish company
Unless the company issues asap a more detailed rejection,other than previous "no it ain't" the SP might drop into double figures..Buys on the trades board are people averaging down after catching falling knives..
Need to see a statement from trustpilot to reassure the market that the claims against it are without merit...This is not the first time trustpilot has courted controversy..The Danish company is a strong supporter of Israel and is the number one player in short term rentals in West Bank and East Jerusalem If you book thru their website,Israelis can use to rent out but Palestinians are excluded..The internet accounts of Palestinians have something embedded that makes it easy to recognise who is who.
Shares trades disclosed do not reveal what is truly going on..Today it seems some entity is reducing down their stake OFF BOOK so it's invisible to retail investors..
long suffering shareholders are using the earlier sp uplift to get out..however any sp recovery will be limited due to the **** and bull mfi venture..there will be a drain on company finance.s for 18/24 months until it is fully operational..need to drop it altogether
EBITDA improvement is solely down to cost cuts rather than trading momentum.. Difficult to see this going anywhere next 12 months...The SP will finish the day marginally down.
If you read the RNS carefully and slowly,you will see that the whole statement is just full of empty waffle..It's various websites show an EBITDA improvement,thru cost cuts rather than sales momentum..(except Debs) Nobody wants to buy PLT it seems..The post Xmas statement will be crucial.