Member Info for JG68

Is this just 5cum bag shorts driving this down, normally stocks gain before x dividend date.

Bit miffed on this retrace given the guidance?

Yeah I'm expecting a pump and dump, will be amazed if it doesn't.

Carrington

There is probably a 50/50 chance that the ECB could cut rates Thursday, so unless they expect that will make no difference to the likes of mcg, seems a bit a risky adding consistently now at these levels.

As the article says they must have a very compelling reason to be so "sell" at 53p.

Taken from another board.

Financial Times) Hedge fund short sellers burnt by flurry of UK takeover bids

“Shorting any UK mid-cap is insane, literally insane,” said one hedge fund executive who specialises in shorting stocks. “The numbers [valuations] are just so low in the vast majority of cases that a $2bn UK company is peanuts for any mid-sized American company. Your sell case has to be unbelievably compelling and feature the stock going down at least 50 per cent”, or there is a risk you lose 50 per cent if the stock gets bid for, the person added.

Wouldn't be surprised if this now tanks below 50 in quick order, what a f------g disaster this is

A hell of reduction in one go, 0.9% , but still well short of 70 million in the UT on Friday. Something else afoot here.

Mavswf

Same as you approx in how much I'm down.

We're really going to struggle now shorts are actively attacking this, unfortunately reliant on either a meet ( at the very least) or better expectations for this year or external factors to offer any support.

I don't get why Cosmens would load up in the 70s, 80s and even 90s but not now.

And when you think about we would probably be in the 7os now if it wasn't for that Berenberg opinion last week. These analysts are about as trustworthy and qualified as a wide boy estate agent.

Smokey

I really want to sell out and move on given the daily stress this is causing me, but having held all the way through even when at breakeven in January, I think selling would be a mistake.

Maybe our wishes will come true and Garat will finally be voted out next week.

I've voted today, and fingers crossed for a change to at least restore an inkling of confidence.

No it was in the times yesterday that there will be no challengers for at least 4 years due to brevity bureaucracy

Pile of f-----g 5h1t this is

John my averages are lower than your 120 but on very large holdings, but even by my standards you are beginning to really stress me out now with your washing machine head of doomsday eventualities.

Please go smoke a dooby or something!!

Pop

What do you think his endgame is then if not to take it private?

Eventually accumulate so many shares ( possibly under 1.50) that it is taken private?

Don't quite get it, but it seems he's definitely playing the long game?

Maybe needs someone like playtech to come in and force his hand.

They recently tried to buy 888 for 1.50.

I've just reread the recent update.

No bull, matter of fact statements, definitely giving this guy and his new CFO that bought 650k shares before even in post, at least until FY 25 to show visible signs of improvement.

Given the cfo recently purchased the shares after it was known about the June strategy day, I'm less concerned about a cash raise now.

There might well be a slight increase in debt this year but I'm sort of expecting that.

Soon the market will start treating this like one of those growth companies not making profit with significant debt , but priced on future earnings.

The forthcoming labour government may swing the vote to accept.

Hardly dramatic given the actual increase is it?

Also these guys have only recently been over 0.5 again 9 days ago, increased 4 times since 21st May.

Must be responsible for holding this back and chancers if you ask me. What's new in the last 10 days that warrants and increase on 4 separate days?

Nothing.

I said the same re covid 12 months ago and 12 months b4 that, and it will be different in a year, ok 1 more year, and here we are again, worst than ever, same bloke running things, mess after mess, excuse after excuse.

What do you mean it's a bank Holiday?

It is but it's still at a premium to the closing bid price which is good in my book

Simpiles

On here showing as a sell but on advfn as a buy, but my guess given the offer / bid price at close is it's a buy

Have these majority shareholders got special permission not to make an offer or have they and been knocked back when they reached 30% ?

Anyone know?