Member Info for GoldAnOil

...Hhmm

lindoser: Yes, the £13.78 was from the 'leftover' 38 rights which HL didn't 'tail-swallow' during the recent RI. I took up as many rights as I could, but had insufficient spare cash in my ISA so had to do it the other way.

..."I am encouraged by our overall trading performance in the first quarter. We have seen continued strong revenue growth in Connected Vehicle Solutions, solid growth in Performance Materials, and the Wireless and Thermal Systems Division tracking in line with our expectations. We had strong shareholder support for our rights issue, the proceeds of which provide us with the balance sheet strength needed to continue our work in building a more robust and stable revenue and earnings performance. While it is still early in the year, our performance in the first quarter gives us confidence that the measures taken to improve our performance in 2017 are on track." Looks like a good start to the turnaround and especially PM, up £12m and CV, up£18m. Let's hope the good set of figures are reflected in the SP.

...in prospect, I'm still not convinced that the Institutional holders will vote this deal through. The supply/take off agreement puts Crawshaws in a better place, but the Boparan 'Investment' (T/O?) leaves lots of questions and reminds me that Boparan's track record in such deals is generally of benefit to himself. At Bernard Mattews, the deal, which saw Boparan take the assets but no liabilities, was criticised for leaving a £75million black hole in the pension fund. It also left hundreds of smaller suppliers £23million out of pocket. So although he is a billionare, he doesn't like parting with cash if he doesn't have to. He also likes to take his companies into his private ownership, (Boparan Holdings) excluding other SH's. A good deal for some, but I'm not convinced that long term we small SH's will benefit.

...not shown until after the close. That really is unfair to SH's!

eerrr...we had the results yesterday!

...late sell @ 26.50p, hope that's not a pointer for the morning!

...resistance at 30p. Telling day tomorrow, no more shocks, so may drift back following the excitement of the last two days. I've stll got a buy order in at 22p, but I doubt that will get filled now!

Is what I got for my 'Leftovers', not a fortune, but better than a poke up the nose with a burnt stick! Any views on the update tomorrow? I'm still expecting a deal to sell PM to a Chinese buyer.

...pulling it back now. Oh well, off to the real job!

Confidence is returning it seems. All buys so far.

...and running! Nice buys from the start and a 50,000 buy after the close last night. A Blue day in prospect.

...buying action late on yesterday. 25000 @ 33p after the close, plus the 2 x 150,000 Directors buys @ 26p, plus other big buys, points to an interesting day at CRAW. I still didn't get my buy at 22p filled!

...which tells us that things are moving in the right direction. I think it may be a good day.

...flurry of late buys pushing the SP. 138p to buy at the close. Interesting opening tomorrow.

The results of the review are expected with the Prelims, no later than July. I trust the moderate increase this week is due to more than Peel Hunt's upgrade, welcome as it is.

...done deal as of today, is the supply/take off agreement between Crawshaws and 2 Sisters (Amber Foods) which I think is a good thing for both parties. The 'Investment' by Invest Co1 Ltd will be subject to shareholder approval. Given that over 50% of existing shares are held by institutional holders who would wish to protect their clients interest, if this deal is not seen as favourable in the longer term, surely it will not be voted for. It seems to me that there is confidence that the £5m can be used to grow the business, and profits, to the extent that the new shares will be worth much more than the 15p issue price. My only question to the BoD, would be why did they not offer the existing SH's a chance to fund this with a Rights Issue at a similar price. I'm sure the take up would have been oversubscribed. More going on than meets the eye methinks!

Fair point! The biggest deals this morning were multiple buys of over £20k and even one of £42k...all shown late. Also the SP was being lowered when there was an obvious demand from buyers. Either the MM's were short of stock or the SP is being manipulated.

...was the cry. 27p to buy now and going up. Oh well, missed my chance of a bargain.

Dont leave it too long, I think the drop will be rversed once the small print has been digested. I've got a my buy booked in at 22p, but I feel I may have to pay more.