Member Info for Inferno

It’s been a strange week for sure, the 20p drop within a 24hr trading window was strange. It didn’t follow the market as the ftse was strong on that day.

My gut feeling is that there is some manipulation going to hold the price where it is at longer. Look at my previous posts, I said I thought the SP was 2-3 weeks ahead of itself. If we can hold this week into the £3.10-3.20 range with a tick up to £3.50 next week, that will leave a four week trading window to build 0.50+ to Bring it back to pre scandal levels. The next big challenge for this share will be the autumn budget, if and I think there will be - an online sales tax, that will impact upon the SP for sure, not sure how much but it will impact. What would be glorious is a well timed RNS next week or week after stating that they are likely to exceed previous estimates, that could give us a 10% rise in a day and provide some jet fuel to results

Thanks Pal - that’s what I thought i read I just couldn’t be sure, seemed strange that even with a holding reduction the price has held.

Interestingly I think the biggest part of this week has been the strength at 3.10+ there was no drama at £3 as many predicted it sailed past and has held. This in turn makes we wonder if it might have the same effect at 3.50 or 4.00

Anyone know what the latest RNs this week was about ? Was it a declaration of a fund buy ?

Fully concur!! It’s a hold your breath moment each week at the moment. I’ll take slow and steady even a consolidation any day of the week at the moment. I think August is more of a worry for me than September !!! It’s a long month to be sitting on your hands, but I’d rather take that risk than sit on the sidelines !!

Exactly, greed is what destroys people and investments. If you are holding long then great shouldn’t make a difference either way, if you are here for a 3-4 month investment then anything over £3.50 is outstanding in comparison to an isa at 1.2% or a savings account at 0.05%

I am far more interested in the Friday close figure rather than the day trade rate %. As of this coming week we have 7 Friday closes leading us into results. With a weekly increase of 10-20p or 4-8% dependant upon how you view your stats that would take us into results at around £4.30 potentially. Therefore my previous estimate of £3.50 is very conservative and takes into account weeks where there could be a negative close on the previous weeks figures which seems unlikely to me but not beyond the realms Of possibility.

I would suggest as a PI look at the facts, not the emotion

It appears a fund (maybe 2) bought back in this week causing the spike from 2.70 - 2.90. Now I would suggest their level of risk and understanding is probably far enhanced than us mere mortal pi’s posting on a forum. They know now is the time and in 3 weeks time the ship would of sailed.

If the sp is stuck and not moving in the right direction for a protracted period of time all it takes is for the BOD to issue and RNS about average earnings and it will fly. They have done in previous years around end of August/September.

Am to clarify I’m not some mad boo can do no wrong and are the new messiah type of guy! I can see the risk in all of this. But it’s like anything you do your research and put your money where you think it will grow. My biggest concern prior to results is the autumn budget, I know I’ve previously posted saying no big deal, but it might impact on the sp I don’t know. What I do know is that next have been lobbying the government NOT to put an online sales tax in place

It’s not a buy - it’s the after hours clearing of books - these buys were already factored in during the day into the price. It’s the stock exchange closing orders and clearing the decks for the following day of trading

30th September

Good point well made

Not sure what’s caused such a downward trend this morning, I’ll check back in at 16.30 a lot can happen in a day. My main point of reference is tomorrow afternoon 16.30 in comparison to the previous week close as long as we are blue on that then I’m happy. Thst being said will be gutted to see the gains wiped out this week. But let’s wait and see

September 30th

If you hold, Which I am sure you do, then you need to decide what level of risk you wish to take. This will depend on a number of factors unique to your own circumstances I would imagine.

The results will be factored into the rise (I talk from experience having been in and out over the years). However until that actual report lands including the results and investigation no one knows exactly and that’s where the risk factor comes in - if markets receives it well and accepts findings it could ( COULD) not will go up 10-20% on the day with a then increased market confidence which translates to a steady rise before finding its new normal which to be fair was £4.4-10 4-6 weeks ago. So if going into results it’s £3-3.50 maybe tap out and bank your profit and be prepared to sit it out on the sidelines if it goes to £4./4.50... however you may call it right and on the day the market doesn’t like what it sees and it may drop back to £2.50 who knows !”?? The truth is none of us do, we can hypothesise, debate, argue the toss etc etc

Shares are nothing more than educated gambling, the more research you do and understand the more you can mitigate the risk. Ultimately there is always risk and as a Pi you are more exposed to that risk than anyone even more so on the AIm250 but and its a big but... what’s your options these days 0.05% interest On a ISA ? Gone are days of 5/6% interest rates on savings provably not to be seen again in my working life anyway. So yes it’s a gamble of sort, but keep your nerve, if you are nervous or anxious stay away from these forums is my advice they fuel anxiety. If you are confident in your holding and enjoy the debate keep checking in, all just my humble advice what do i know!! Not much of I wouldn’t be tapping away with this at 10pm lol

Classic left wing paper no suprises there .. they would love to jump all over Boo and the horrors of capitalism blah blah blah.

They will publish It - with a comprehensive action plan and thats the important bit. The city needs to feel safe in their investment and today started the beginning of that journey with the terms of reference

Mate am not here to dig anyone out, promise you, I’m all about love and laughter lol !! I hate all this trolling *******s not my style at all. I just don’t want anyone losing money on misinterpretation or selling for that matter on thinking there were big sells or buys!! As ever DYOR! I will always give a balanced view good bad and indifferent that’s what the board is for right??

There is no after hours sell or buy.. these trades are all part of the clearing books for the day. The SP has already factored them all in. Everyday people talk about the big 2mil trade at 16.32.... I’m not digging people out, but come on guys and girls if you are gonna invest your money at least understand the basics of the market and how it operates. I am NO expert but by understanding the very basics you will have half a chance of not losing your money, the other half you have no control over lol!! But seriously get the basics understood stockopedia is a great free platform for basic explanation and tutorials

I respect any opinion on this board, I don’t have to agree with it but I believe firmly in freedom of opinion on these forums.

I think the evidence points to outstanding results, additionally market regulation would require an update if it was significantly off. The challenge is sentiment, but let’s not forget with all the sentiment in the world - MONEY talks, funds are their to make money for their clients. Boo is a massive money making machine with the right level of investment

That’s exactly what is needed a Little Tickle of an RNs, I think interestingly this time around the company know that they can’t let the results do all
The talking. They will need to maintain the momentum over the next 9 weeks, not necessarily to see a rise but certainly to see of any significant decrease -10% etc i am not talking about daily gains losses etc. If they want to grow and have a share price to match to the level they want then they need large institutions. These institutions don’t like volatility, therefore Boo should and hopefully will focus their Efforts on steadying the ship with a regrowth upwards. In this current state of the world it’s too easy to say sit back and say wait and see etc. Investors are spooked and the markets are at their most volatile since 2008.

So for what it’s worth I think Boo have played it very cleverly with the RNS, the clue is not in the content but in the release date. They are tying in potentially Poor findings with outstanding (potentially) results.

This will present the larger funds with a Dilemma, they now can’t buy in before the results thus potentially missing out on a rise unless they take the risk on the findings.

In reality the report and its contents will be leaked to all major players the week before its publication date. So that will no doubt impact on the run up to results

Reading some of the posts this morning I didn’t get what people were getting frustrated about around the RNS, it was as I said on previous posts just confirmation around what areas it would cover. That is exactly what it did, the most important thing in relation to that review is Independence and transparency. As soon as the city gets whiff that it’s being driven or led in an underhand way it becomes futile

This week will be key to see if we can hold onto any gains even 1-2% at the end of the week.

My worries around the sp -
1. We now have 9 weeks till results with no scheduled RNS
2. We will have the Autumn budget before then which is likely to place a tax levy on online sales. As a taxpayer I don’t see this as a deal breaker I think it’s fair and should reflect the surge to how the consumer spends separately.
3. Impact of global markets over the next 9 weeks

Don’t take any of the Above as me having a downer on the Sp, I am balanced on the pros and cons I am just articulating my thought process, would welcome any views.

29th July q2 trading update