Member Info for jamrock

It would be nice to think the support kicks in!

Also would be nice for an RNS

Results please

Https://www.share-talk.com/traders-cafe-with-zak-mir-bulletin-board-heroes-monday-8th-january-2024/

As expected some profit takers who bought last week but they may regret selling!

As I said Zak would be on it. He’s saying 22p!

I think once we start trending higher again it could get exciting

Selling price above 13p now so on the right track.

Interesting finish today

Https://www.google.com/search?q=music+magpie+share+price&ie=UTF-8&oe=UTF-8&hl=en-gb&client=safari

The volume is telling the story

Started late last week

Just the beginning in my opinion

13p to sell soon and 14p to buys very soon!

It’s definitely going up for a reason and glad I got back more this morning

Anyone’s guess but my near term target is 20p

Time for the breaks to come off surely

Buyers nearly 4-1 v sellers.

Still buying power so surely it must head higher soon enough

I’d guess selling price should move to 13p given the buying pressure

Happy days

Great discussion yesterday

I see Zak Mir on this later recommending 20p

A see if blue

Great start today

Hedge

Them walking away encouraged selling pressure which was un warranted as it was moving up until that fiasco

Kosh

Why do you think Henry Spain keeps buying!.

Hedge

I truly understand you miss interpreted what I said and fully understand .many people well down on this one however there’s a business model and it just needs to be given time.

Early speculators will take positions and it will bounce at some point.

None of us can be sure in any company and potential buyers walking away left this company in a terrible place at that point as it created a fear to investors.

It would have been better if they never looked at the books as it was rising nicely at that point.

I truly hope for all it rises

Hedge

It’s above 10p but it is near it again so what’s miss leading!

Please explain as I have no intention to miss lead

Hedge

Thanks for you comment but as I stated in 2022 when it was above £1,00 I called its value worth below 10p and many thought I was crazy!

It dropped below 10p I actually became bullish again.

I’m actually quite bullish now and believe it could head back to 20p if volume keeps up as it was this week.

I also believe its a small chance it could test all time lows but feeling is we head higher.

Not miss leading but fact and my opinion

Https://zakstraderscafe.com/bulletin-board-heroes-january-5/8247/

I think this is the Zak Mir link.

I actually think he’s correct as regards the 30p target however if large buys keep coming in as like the past week I’d expect it to hit 30p much sooner and I’d be be bold and say before results this month.

However I’m watching the 26p target that was tested Friday. I’m sure it will retest early next week and any breakthrough I expect 30p shortly.

We are also missing the fact that it appears both Henry Spain and other large investors are taking higher stakes at these levels so a possibility someone believes they are under valued.

The key is confidence and the old board destroyed it with false accounting but that was many years ago and the decks were cleared.

This will fly on a positive outlook statement and falling interest rates.

A shortage of people willing to work and higher inflation has hurt Staffline. The later eroding margins but inflation and interest falling is now a positive.

That said LTHs oversubscribed at 50p capital raise will feel underwater unless they are able to buy more low and bring averages down.

I truly feel this will be much higher at the end of 2024 if a takeover ain’t launched

I think to confirm this is the start of a new bull run the share needs to smash through 26p with high volume.

26p is the resistance level on the 1 and 2 year chart. If this goes next week we could see a quick rise to 30p in my opinion.

Results soon could help the price move quickly either way depending on the statement about the future.

It’s such a shame they never raised more at 50p and cleared the debt as refinancing will be an issue however interest rates are now falling so this will help.

I personally feel it’s a dirt cheap stock at these levels if you’re a longer term investor

I called this down to 10p when it was around £1.00 however many laughed. It actually went below and rose again and now near 10p again!

Confidence has been exhausted and lost in this company now so it’s simply a traders share until fundamentals change.

Where do I see this in the next month!

It could easily catch those sellers off guard and head North. If sellers are squeezed and panic to get back as recent high volume shows it could jump upwards. The 20p upside could easily play out with positive news and continued buying pressure.

However if it don’t react soon like this week to buying power it could signal it needs to go back below 10p.

Monday or Tuesday could be important for the share price

Https://www.thisismoney.co.uk/money/investing/article-12931451/Can-buyback-boom-revive-FTSE-100.html?ico=mol_mobile_money-newtab&molReferrerUrl=https%3A%2F%2Fwww.dailymail.co.uk%2Fmoney%2Findex.html&_ga=2.86846936.178410772.1704556844-1527445276.1703490009&_gl=1*j6at74*_ga*MTUyNzQ0NTI3Ni4xNzAzNDkwMDA5*_ga_XE0XLFFF16*MTcwNDU1Njg0My40LjEuMTcwNDU1NzE4My4wLjAuMA..

My question to fellow investors is

Would MHC benefit from a share buyback.

I think so but what do others feel!

Https://www.google.com/search?q=can+a+lateral+flow+test+detect+cancer+cells&ie=UTF-8&oe=UTF-8&hl=en-gb&client=safari

Imagine if MHC partnered with companies like this to bring Lateral tests into Boots etc that were able to detect early signs of cancer!

These would be massive but 100% the way forward people taking control of personal health.