Member Info for JG68

Who had to mention Q and pump and dump!!

Thanks Boris!!

Maybe someone should ask their IR genius S Morgan the question.
Canetoad
I'm a layman really in terms of accounts, however you will agree ( from previous posts on this a d other boards) that given the rapid decrease I shorts since last week and the fact it didn't tank by 25% day of results, has to be positive!

I think the clocks have gone back in the US so it's 1.30 at the moment.

Didn't they use 250 m for debt maturities in 2021 and ringfenced another 190 m for 2022, according to FY results stated they were able to meet 440m debt maturities 21/22 ?
Excuse me if that's a stupid point or I have missed the point.

Joteller
You seem to have ignored that there actually maybe a large seller in the background?
That would explain why the SP is stuck despite very large buy volumes especially the other day, and also the fact that Marshall Wace have been buying to reduce their short.
Either way, whether there's a large buyer or seller, shorts reducing significantly in last 5 days, SP stable, broker rating still 3 times where it is, so it's just patience required.
PS my old dad keeps reminding me of what a household name Woolworths was and how people thought that could never go under, but given guaranteed government contracts likely to increase this year ( possibly military related), I think things are looking up.

I concur with capitaliser and others, given the large buy volume yesterday, 17 million, and the millions Marshall wace have been buying to close their shorts, the fact the SP has hardly moved can only mean there is large seller behind the scenes and when it is cleared, the SP should move North. The fact a hedge fund increased ore results and is now below 0 5 is good enough for me, even it takes longer fir me to get green on this.

Citadel 0.46 from Friday, Polygon over 1% a week ago, 1% is 40 million shares.
Who knows!

Very encouraging to see Marshall wace under 0.5 In space of days since results.

Also shorts reducing hard and fast, not sure under these circumstances if that's good or bad!

Kramsnib
Thanks for your take on it, and yeah any peace deal or de-escalation would be great for markets in general.
So how would anyone go about selling shares they bought through a broker who no longer allows trading of that stock?

Says in here deleted from the indices with zero value, and someone else said you can't sell them with HL from Monday.

https://www.cityam.com/ftse-russell-to-delete-russian-firms-from-indexes-including-evraz/

So what happens if you can't sell your shares after Monday, for example I hold with HL ?
They are being removed with zero value from the indexes, but what exactly will happen?

I'm a long term holder, have a large holding and very underwater but not unduly worried, I refrained from averaging down since 29 until yesterday, and I do think that it will just take a bit longer for markets to be reassured that the turnaround will happen.
If there was anything really bad in the results it would have tanked like it did in December, but talk of tree shakes, rock bottoms etc are a bit premature imo.
I agree the goverment contract situation is good and likely to continue momentum, cost savings of 50 m p/a will partially offset wage inflationary concerns.
Talk of record sub omicron levels in the UK and China lockdowns don't help with all the other global events, so really its just hold, probably for at least another year or so to really know where things are going.
I agree CEO could at least average down from his late 30s buy in December.

I think others are right and there's a large seller, because the kind of buy volume yesterday to have such a negative impact, makes no sense at all.
So really buy and sell volumes got to be taken with a pinch of salt.
Roll on August update!

I'm now feeling uneasy about this , really can't see the point of mentioning a 5-10 mill right off before results that could have quite easily been revealed in the results, and the delay which is always going to raise eyebrows.
And it's gone from not really being impacted by bad days to a great extent, to very weak leading up to the results.
Also one of the HL analysts almost stated in the review of results to look out for, that they are free to bid for projects that they were previously suspended from.
So are they allowed to bid for Adnoc contracts, why didn't they release an RNS.
This just feels like something big is going on behind the scenes, possibly going private or something else, which may be good or not so good for shareholders.

Yeah such high shorts I just can't understand, maybe there will be a reduction today

On the Advfn board someone is suggesting a large seller given the high volume, just seems very odd with such high buy volume that SP is behaving like it is.
The explanations on here are also very feasible too, just corruption by mms to buy cheap shares.

Why do the yanks pull this back every day, even on good Dow / Ftse days, I just don't get ?

It's happening, happening!!
Even stockepedia changed its class from falling star to neutral which is good.