Member Info for HarryCaul

Absolute bunch of lying.....

Indeed.

It stinks to high heaven.

I don't think for a minute that trading just happened to reverse.

I've been up to RDC and it appeared to be a busy establishment.

I wonder who were the buyers of the properties?

If they can't refinance the company then yes, he'll lose a boat load.

But, I wonder if they go into administration, can TB do some sort of pre-pack f*ckery and sail into the sunset?

So they've not being paying the electric bill?

Am I reading that right?

Ffs

You're very welcome Mr T.

Morning Testudo

It's not being manipulated in the way that you think.

Someone is working an order through an Algo based trading program. Usually they're worked over the day as a percentage of total volume - say 20% of volume. So, if nothing is going on, it won't trade. If someone buys 10k (presuming today it's a sell order, then the Algo will trade 2k on the back of it. Of course that's a simplistic example, and obviously there are way more complex Algos running in the market that have nothing to do with the underlying individual stocks, and more to do with Index Futures and such like.

Also to note. Market Makers won't just sit there and buy scraps if it doesn't suit them. So they'll move price to buy cheaper ( create more margin) or to try find buyers at a lower level so they can get the two way business on.

If a stock ain't trading, the MMs don't make money.

You're writing style has an AI quality about it.

Perhaps you should float yourse6on AIM - you could be the next big thing!

Kind regards

Harry

Some intetesting points.

May I ask did you use Chat GPT to help write the piece?

Personally I think the spread will tighten up when the Market Makers find some institutional business to supply the retail punters. Clearly by the move yesterday there wasn't any sellers down at these levels, apart from the odd scrap here and there. This is what happens when stocks get oversold and the MMs have had no appetite for any book risk.

Market Cap is still small ( yes that reflects inherent risks from the debt carried) however, I don't see any large sellers on the horizon anytime soon now that the bottom is in and the recovery is clearly on the turn.

Also, for one of many of the large industrial players, it would be peanuts to pick them up here and clear the debt..

Agreed.

Fabulous to see they're finally turning the corner, despite it being early days.

I suspect they'll be on some of the bigger players shopping list down here.

The problem is they're a bunch of C U next Tuesdays.

Nothing is straight forward, all subjective ir seems.

Anyone in striking distance of the factory in Walsall? Might be worth having a look, chat to the lads heading in to work...

I suspect the chap William Black having increased is holding recently is the likely buyer here.

But where is the stock coming from?

Most of the institutional holders are fairly passive, apart from Miton who has adjusted up and down along the way.

I think you're absolutely right.

It's felt off for some time.

Buy 29% and get the rest for a song when....... ( fill in the blanks).

No words.

Same as all the rest of these piece of sh*t management on AIM.

FFS!!!

Some fair and valid points Dartron.

I know, ridiculous news flow for a once half decent company.

I wouldn't worry about any stock being dumped by them down here. The holdings (like most of our positions) are of minimal value and would get absorbed without too much impact.

To be fair, despite being invested, they haven't created any value have they? KBW was in charge of SAAB and Smiths industries and would have extensive contacts to create new business.

Time for a different approach.

I have to agree there.

I think the Board was stale, and a drag on expenses.

We need fresh ideas, and strategies.

Well folks, what do we make of all that?

Also, can someone explain why the entire Board (or what's left of it) is structured on a non Exec basis?

I tend to agree with you.

Would love to know who's dumped the stock though.

If it is a margin call, or a change in circumstance then great. If it's institutional, then that would be of concern for both parties - as the actual value of the transaction is minimal from an institutional point of view.

I did wonder if it was the Chelverton position. But, the figure doesn't quite tally exactly from my figures here.