Member Info for halfpenny

I'll be happy if this treds water at 165p today without drowning. Give the company a chance to sort out the mess :(

Chug chug chug and stalls :(

Won't hold without a company rns :(

Not much wonder the CEO steps down after all the sells he made recently just before yesterday's announcement, was he pushed?

Onwards and upwards hopefully? Good find..

Let's hope the rns when it's released by Scapa's media department reassures the markets?

https://www.investorschronicle.co.uk/shares/2019/06/03/scapa-prepares-legal-action-against-convatec/

Unfortunately investors chronicle now have changed their minds on Scapa's buy rating and now have a sell rating on the stock. This is based around a storm of uncertainty surrounding the business, directed by a transitional management team with a posse of recent appointees, and a lack of visibility over it's earnings prospects :(

Last half hour showing 1.5mil buys vs 36,000 sells.

Maybe they'll be able to use their sticky plasters on the sp and it'll heal quickly ;)

ConvaTec's gripe is that when Scapa Group bought Systagenix, a competitor of ConvaTec, it automatically breached the agreement of the 5 year deal, which is only 2 years running to date. Which one would say was feasible enough, a possible conflict of interest? The Investors Chronicle estimate an earnings downgrade of 20% to Scapa's business :(

I bought some today but they're not showing up on lse as a buy :)

Yes

Prepare for Court action by Scapa Group over early termination on contract :(

ConvaTec isn't doing so good this past year, it lost CEO last year and profit warning this year, it's shares have slumped this past few months.

40% down now, tried several times to buy but no joy so far :(

Oops, down 30% due to loss of a contract :(

Means if you opt to buy your allocated amount and the share price is above 26p on the deadline date you win, if it is below 26p on the deadline date you lose, if you're short on the share. Depends if you're long or short on the company of course.

Quite possible that the recent volume of sells was Heejae Chae cashing in before departure after all he had over 1mil shares earlier this year.

Tipped in Saturdays Mail by Beckett. Lucky for new investors at the low price it is just now. But for how long, it's been oversold on departure of CEO.