The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
5 months ago they raised £4m at 2p a share, yet still they manage to trash the sp another 25%. On the basis that I dont think you could accomplish this level of uselessness if you tried, I can only assume this is now oversold and hence a buy.
Never seen so many sells on a share without a buy to be seen. Astounded this hasnt dropped more. Kicking myself for not taking the 4.6 on offer yesterday. Wont make that mistake again.
Dip Stick, they get it right most of the time. Their selling of shares at a profit and invoicing of clients that is. As for what they come out with in their analysis and on boards such as this, I think most can draw their own conclusions.
LOL, you lot have to be joking. Kippers spring to mind.
Riddler pumping this please. In three months time after reduced revenues for this year and a 2.5p placing (if youre lucky) he will be telling everyone he sold up at 4p, like I did over the last two days. IMHO buyer has lost interest here and this is a pump and dump. May make it a little higher over next couple of days but no news before weekend and this will tank next Monday. Cue arrogant lols and a barrage of cut and pastes with meaningless revenue figures from last year......
Okay, if the company needs the money then hes doing the right thing, to his personal cost. Why not just an interest free loan payable in a year? Cant get my head round all this. Any ideas?
Think the issue is that folk are asking themselves why the urgent need for cash? If AC is taking that much of a hit the company must need it desperately. Why is that?
Millen, under increasing pressure from major shareholders (including one or two who are selling to keep the sp low and the pressure on Millen, imho) has doled out a couple of "contracts" in the hope of impressing shareholders. No figures attached, surprise,surprise. Well this is how impressed shareholders are. 2.95 sell and probably lower by end of day. At least the inevitable end draws closer for him as nothing he tries works. The writing is on the wall. Will rocket once hes gone or someone comes in to buy them out and make a decent job of running things.
Couldnt disagree more. Everyone has money, some of us significant amounts, tied up here. Its our duty to defend that if we think someone is preventing it growing in value. Riddlers grovelling support of Millen to my view is putting my investment at risk so I will disagree with that as often and in whichever way I choose( within the site rules). If you dont like it, frankly I couldnt care less.
For some months now I know from conversations I have had that PYCs peer companies and potential clients have been perplexed at the lack of contracts Millen has presided over. The recent contract award only resulting in a 52 week low SP I feel will be the final straw for major shareholders, but also may alert companies to the "give away" MCap at the moment. Whichever scenario develops I feel Millen will not be allowed to let this drift much longer and feel we are on the cusp of positive development under new leadership/ownership. Look our for increased buying to signal the start a new chapter here.
Delusional? Back up that comment. I know how many shares I have bought, and how many have been bought in total. Allowing for the fact that some buys were possibly from the same buyer, I am still one of the top five buyers recently. That is a fact. Just the same as the other Millen supporters. Saying Im lying to discredit me . Desperation setting in.
The other thing I cant understand is if Millen is doing a good job and folk are queuing up to discredit and post false information about me, how come Im one of the top buyers over the last two weeks. That is a FACT. Where are the buys from all these Millen lovers?
Speaks for itself really. If your happy with this, then your seeing something I dont. Could be so much better. Great product, useless marketing and sales behind it. Improve the value of your holding lets get Millen replaced.
05-Jul-19 10:50:06 2.925 70,000 Sell* 2.80 3.20 2,048 O
05-Jul-19 09:58:40 3.12 8,012 Buy* 2.80 3.20 249.97 O
05-Jul-19 09:57:14 2.925 39,577 Sell* 2.80 3.20 1,158 O
05-Jul-19 09:11:50 2.925 14,000 Sell* 2.80 3.20 409.50 O
04-Jul-19 15:41:40 2.97 30,000 Sell* 2.90 3.20 891.00 O
04-Jul-19 15:33:05 3.125 31,744 Buy* 2.90 3.20 992.00 O
04-Jul-19 15:28:55 2.966 64,760 Sell* 2.90 3.20 1,921 O
04-Jul-19 15:06:25 2.965 17,285 Sell* 2.90 3.20 512.50 O
04-Jul-19 13:01:50 2.965 827 Sell* 2.90 3.20 24.52 O
04-Jul-19 12:47:22 2.965 1,641 Sell* 2.90 3.20 48.66