Member Info for jimbobtechstock

The pitiful attempt to beat the bid back with all those round number trades amounting to a whopping £3k total might indicate they have nothing left in the tank. Whereas I've scraped together more reserves to buy into this if it falls back again. All this needs is an RNS - saying they've found a new CEO!

Also if the directors' buys last week were intended as a pump to push the market up prior to a placing they would have been on the open market, help push the price up. Would be really weird to buy new issue shares if trying to pump the price! So no. My money is on either the '1' being a joke or miss-key or news being something other than that.

If it is then recent buyers at 6.75p will be kicking themselves they paid over the odds. Buyers like the chairman and CEO buying at market rates last week... if only they had known what was around the corner... lol So no, I'd be amazed. I wouldn't put it past some CEOs to try and bolster SP with some buying pre-placing but not RH, and def not the contractors taking shares in lieu of fees at market rate. IMO

Because the increased amount appears under "trade and other payables" I might suggest that the full amount is a current bill that is due now or soon and this has nothing to do with deferred income. If you look also the trade and other receivables is 200k higher too, so it looks like the payment chain is getting fatter rather than any net position on the balance sheet altering. The increase in creditors is in line with the increase in debtors. Nothing to see here. The deferred revenue is good for the coming year - we have 200k more of bookings going into the period than we had going into the last period, so one would expect revenue to be 200k higher (assuming consistent performance of the sales team etc). Of course we are really hoping for a serious lump of lumpy revenue, which might well happen to a company at this stage in its growth, if they sign a massive deal - one can hope. Looking at the RSI I'm not convinced this is on a short term trend line, rather it is going to bounce of oversold about this point. Saw the live bid rising into close and games with the buy limits, so took another 57,500 (which I had to put through as a FoK for some reason) at 6.5p - seems to appear as 2 trades so maybe my broker will cancel and rebook them as one at some point, who knows...

It's as much the "Why????" that gets me as the alleged typo. I make it my business to know what's going on on the shares I hold, well I try and catch up within 3 weeks at least... "Personal reasons" - you can always check back on Azis' twitter if any of his tweets from the day survived. He crumbled, wanted out, didn't like the burden. Just up sticks and walked. Wrong job for the man, wrong man for the job etc, etc. Nothing more nothing less. Sure we will get a new CEO and the sp will recover. You never know, the way they shook it down today that might be sooner than we all thought possible?!

Here's a floodlight "CEO going, why????"

Yes Baz, this time last year CPX was getting hit for 6 on the forums, the bears even undid a spike on a £1-million UP FRONT PAYMENT deal. Yes, the company signed a contract promising a million quid up front as the first payment in a deal worth a lot more, and it got traded back down under the pre-announcement price. But, as the saying goes, they can't hold it back forever. Was 3.95p on 14/03/16 is 9.75p 14/03/17 (Sitting the year out though was like wading through glue...)

CEO is gone. If you're going to de-ramp try a bit of background reading first. You already posted your target entry price FFS

They're not recruiting a salesman, they're recruiting a CEO. IIRC it was you who questioned the wisdom of essentially putting the CMO in as CEO. Hopefully they'll recruit a proper experience tech CEO, and they shouldn't have trouble finding candidates, it's a very exciting company with potential AND cash in the bank. So the CEO's first job isn't schmoozing investors, it's implementing a strategy for growth. No, not being the sales person, but putting the strategy in place for increased sales, increased revenue etc. And any CEO worth recruiting will hit the ground running.

Course not - sudden departure was a shock we could have done without. But market had almost settled down until we got the numbers Monday. Nothing wrong with the results - yes a mixed bag, but strong tech and strong cash position - and they didn't lose a key team member. They really shouldn't struggle to find a good CEO with such interesting tech. As I've said many times I love to read between the lines of posters on here. Noticed you were keen to stress the possible extended time-frames for finding a new CEO, let's see shall we...

In short Aziz was in no way a critical cog in the machine. But they do IMO need to find and hire a new CEO to move this forwards, hence the uncertainty. And as Bonks alluded to, the derampers were knocking Aziz as lightweight/unproven/not up to the job. And now he's gone, so that must be bullish (by their logic). Either way it's a storm that will pass. And the sudden movements today makes me think the last winds are blowing out.

Christ I opened the door for that one... But Shylock, you were first de-ramper to the party I think, on here. What do you think of the new crowd muscling in today? Bit of a coincidence, don't you think? One rule has made me a lot of money over the last couple of years on AIM - buy when people are telling me not to, sell when they are telling me to hold/buy more.

The bears who pop up on shares just to post negative sentiment not realise the picture they are painting? If a PI can spot an organised shake down then surely the AI algorithms have latched on to it. It's a wonder these springboard swing moves still make any money, they're telegraphed a mile off and world + dog must be buying into the falls these days...

Yep - every negative post on here, look back through their posts on FBT, either haven't posted here for a while or have had nothing good to say. Organised raid IMO, get some help from friendly LSE IDs to panic as many into selling as possible.

Debt free with product, patented tech, £3.7m in the bank and yoy revenue growth in a highly scaleable sector. Don't know what you think will take it much lower than it is now. IMO the drop below 7p support is an anomaly but we'll only know that when it gets back up over it.

They did sell sum total 714k shares over the price paid in the morning for shares, but it would be a brave broker to take on shares that morning at a premium - there was no guarantee they would get the price back up. It aint a dump - they would have gapped up in the morning and there would be earlier blue to coax mugs in to take the shares.

Given the investment banks (MM) buy the stop loss data from all our brokers they know exactly where PIs have set their stops too...

The vwap for the week last week was somewhere around 7.6p INCLUDING that massive trade. No broker or MM would have paid above ask on the preceding day; never mind bid, even, for such a large amount. Ergo it was not a sell. It was either broker-to-broker, a negotiated trade between PIs or a large buy order filled. In any case it was shares changing hands well above the short term average share price. So it's a sign of strength. Whether that same buyer is now dumping having seen the results is anyone's guess, but the fundamental proposition remains unchanged, the revenue did grow, as it needs to. So boxes ticked. FBT might need significant partnership news or a new CEO in place to shift it back up. In fact this shake could be the prelude to that - if such news has leaked then there's only one place the MM would take it in advance of news.

Fred: it could be that - as well. But the price has risen significantly now from the 52-week low, which indicates there has been net buying over recent months. I can't see any reason why the chairman and CEO would put their own cash on the line, other than knowing in their hearts APC was now on the right track and just needed to prove itself to the market in the upcoming interims. They probably have a clue now what the figures are like, after all RH has driven the process improvements to fix the disastrous miscommunication of guidance in 2015 that lead to the downfall of his predecessor. And, as I said, I just don't buy RH - a level-sounding chap, bordering on cautious - putting his own cash on the line for the sake of a quick ramp. The only thing I can't call is whether he wanted the shares at today's SP but couldn't get them from the market, or whether APC needed the £125k cash to plug a small hole. The remaining £75k worth of shares is going to settle outstanding fees - and this for me is the interesting part. Because the shares in lieu of fees are NOT discounted from the current SP either. No way would I take shares instead of cash unless I (a) believed in the company and (c) took them at a discount OR absolutely believed the price would rise soon.

"It would be a lot better if we knew the identity of the non reporting seller(s) IMO" The share price bottomed out at 5.5p so the directors are buying at 20% over the 52wk low, and the current SP would indicate net buying on the market since then too. A lot of the sells you see on many shares is just the usual churn, a lot of liquidity is spread across AIM, for the AIM all share buyer (have you seen, for the first time in ages, a significant steady rise in the AIM all share over the last year - that might encourage more to invest in non-managed ditribution funds this year - seeing last year's performance - and a portion of that trickles down. Also when people short against the all-share it goes the other way). Also the "sells" are sometimes part of a worked buy, if a trader realises that churning 50k shares weakens the MM position each time he will keep churning, but chucking in a few smaller buys.