Member Info for JimPrice

This is HSBC Holdings clients. It is retail investors selling. They are not inside. Business as usual

The second half was poor. You can read the Arden note and their estimated figures for 2020 give it away. That is why they raised cash to strengthen the balance sheet and whether the storm. 2021 will bring opportunity. It's just a case of patience now.

For what it's worth I followed up with Peter on the status of Saudi and Iran. His response was that Saudi is "very much alive" and he did not rule out Iran. They are monitoring the geopolitical situation and remain in touch with key entities. A comprehensive trading update wouldn't go amiss. I guess we hold and wait to see things unfold this year.

I understand the panic but let's give it some perspective. Global markets getting hit. FTSE and AIM Indices down 2%. It's a breather, we had it in November and it created panic. MMs are walking stocks down on no volume which is no reflection on anything suspicious here. Significant chunks of the float were traded 9p+ only a week ago. When the macro tide changes we will bounce hard. I am looking to take advantage of the drop and obviously want to get as low as I can. 7.5p offer sounds enticing imv.

January 17th

I enquired with regards to the TU. This is what I got back from Peter:

"there are a number of moving parts at the moment that can affect any updates so I cannot provide dates but we will update when appropriate."

Can be seen here for those having issues on their platforms:

https://twitter.com/JimPrice83/status/1353806316641378306?s=19

https://twitter.com/AlignResearch/status/1352871178499731457?s=19

Align confirmed they top sliced to protect capital. They continue to be supportive shareholders and have no further intention to reduce

One thing I can say is that patience will be most certainly be rewarded generously. So much news depends on the license award and when that is approved the rest will follow swiftly

The license is not taking any longer than black rock's did. I think we had an expectation that it would be sooner but no deadline was ever RNSd nor set. This is normal practice and there is no delay per se. We just have to wait. Matt is very hopeful they have done all from their side and it's in final stages. An approval could land any day. I hope like all shareholders we see it next week but it could equally take a month or two or even longer. The matter is not in the company's hands

Looks like someone just bought 2% of the float in one trade

On all technical indicators this is now breaking out. The daily, weekly and monthly charts look good for a colossal recovery. It's been a 4 year downturn and now the bottom is in and the price firmly uptrending. The management will be keen to take advantage of this. They have a cash loan agreement with align funding them for the next 4 months. Dennan in his maiden CEO role wanting to make an impression. One can only speculate how high this breakout will take us.

It was smack on the bid of the time but always difficult to tell with these big trades. They are often left with market makers to work throughout the day. If it was indeed a buy then clearly someone is keen and if a sell then it's been swallowed up which is equally as bullish. Nevertheless, think next week we get another strong run up pre news.

Yesterday's trading was significant. Big interest, huge trades. It's all about risk/reward, whilst it's not a dead certain, I think upside from here could be insane if the board pull off a £30m+ settlement. I had Comms with Andy Dennan a fortnight ago and asked what his plans for the share price were for 2021 and all I got back was "ambitious". They are ploughing on behind the scenes and he is happy with progress they are making. I think when the first material news item drops the rest will follow like buses

You can see my analysis here on today's trades.

https://twitter.com/JimPrice83/status/1352310722089332737?s=19

Whilst I agree with rht99 there are buyers I think the top 1m was a sell. I think a bit of consolidation here and 20p short term is on

For me 20p+ short term.

There is a strong tailwind behind us at the moment. Markets are very giving. Plenty of resource stocks bagging. Investment appetite is strong. AST has quietly been warming up for the big move. The real volume will land soon imv and that will be a gamechanger for all of us. I think muktibags on offer from these levels and our major shareholders all holding strong.

Interesting tweets from our largest shareholder

https://twitter.com/AlignResearch/status/1351593002695864330?s=19

HSBC increased position. They now have 6%. Free float getting tighter

Some late reported buys. Someone's confident with that sort of money.