Member Info for joseywales

Well there’s the RNS. Not sure what to make of it really. Positive support at a cost.

Sorry just saw it was a discretionary so indirect holding for clients. With a bit of luck they are not simply holding for one client!

As for the RSI, as at 13th Nov it was 40 so nowhere near oversold.

Anyway, here's hoping for doubling in this within the next 6 months.

I don't mess with AIM that much but last time I saw Cannacord sell, they got rid of their entire 12+% holding in MMAG and exited above where the sales price to AO ended up being. Fully expecting the same cycle here so a re-trace and sell down again until they are out. Eventually without news this could be 6/7p. Company usually has a trading update in Jan so at least it's just a couple of months and hopefully some trading opportunities in between to get the average down.

In my opinion they are bound legally not to come out with anything yet until an exit agreement is reached with Lemos. In the same vain he is not updating his profiles on Linked In and the like. Could be the board got tired of the expenditure and cash drain quelling some plans he had or simple view on underperformance in profitability or something more sinister around gross misconduct or the like. Could be some time before they divulge further info I imagine. Surprised nothing as leaked out from employees just yet. Looks cheap but then that has to be weighed by just how much damage could be done to the company and its contracts.

I thought the same WT. Saw Croda and thought this might push on over 190 but instead its kind of in reverse compared to a lot of other tickers. I guess that's the price of relatively conservative commentary from management. Assume you boarded the Wood Group train for some craziness! Dabbled in ITV too at the 63p mark ... some big over-reactions which will hopefully correct with time.

They really need to release an RNS relating to the departure and any potential profit warning/customer impact related to it. Unless of course it was completely unrelated to business matters and an area of gross misconduct or the like. No updates from the company or Lemos would indicate it's all tied up in legal currently ....

Can only imagine the market fears another PFC type debacle. However the debt profile is very different and any write downs relating to independent review will be non-cash impairments. Worth a decent size punt at 70p I felt ... might be down here for a while until further clarification is provided.

Their updates really do lack any ‘oomph’! Still, no change to cash outlook and ebitda sounds ok. Thing is, if funds still need to meet the demands of their outflows, the selling won’t stop.

Howdy WT. i have not added … feel like I have enough. Over 30k of these so if this update turns out to be bad…it will sting. Crazy day which could carry all the way through to Thursday….bought some FCH today so being very conservative! Doubled up on IQE as well but that’s a simple black/red type gamble. CEO off immediately is rarely good.

Unfortunately I think things are getting worse for JUP so have given up the ghost holding them for the time being. Just about every holding notice they issue is a reduction and some of it has to be forced as a result of outflows. I think a return to the 70s and even the 60s could become inevitable when the impact to the bottom line is revealed. Shame, was hoping this would pull up well over £1 but might be some more more pain before that gets in sight. Will buy back in later as it's only temporary the way I see it.

None of the feeds have mentioned that Synthomer will be providing a trading update on Thursday. It is still on the Synthomer website, so assume we are actually going to get one!?

You alright WT ... tough game out there at the moment. Hopefully once the election in the US and the budget here are out the way, things will liven up a little.

Well the big drop in the shorts is a big buy signal if ever there was one. When you see MW drop by that much, you can breath again!

Well I added this morning and for a minute felt it was going to go lower into the 40s. Might still happen I guess. Hoping sentiment will change in the run up to the November update and beyond. Think it's industry/sector wide concerns over anything else.....and of course the usual broker update game!

Wish you luck on that one WT. I'll keep an eye on Evoke and if my mood changes, will take a punt ... a good update won't mean a thing if the government wants to pillage the sector. Would instantly devalue the companies involved. In fact they should probably give guidance on the legality of such a process.

I really do think we are going backwards in the UK though. From 'invest in the UK' and work with businesses to grow ... we have a government that cow tows to trade unions and frankly has inadequate understanding of how money works. They'll just suck the life out of wealth generators and the burdens they will place into the SME space will just become intolerable for business owners and the like.

The last lot were simply corrupt and this lot have not operated in the real business world for long enough to have their student idealisms thrashed out of them!

Hi WT ... I'm not in EVOK and won't buy even down where it is. The way these leaks keep coming out in terms of what the govt might do in terms of tax raids is beyond a joke. They clearly want every idea 'out there' to gauge what they might get away with. Gambling tax is a soft target for them ... probably no Labour donors to upset in that space either!

For SYNT I'm sitting tight. Nice add by Lombard and it seems like a pause button has been hit on the selling game ... at least for now.

Only other one I have a closer eye on is THG as added a few more this morning. Also waiting to see if TLW hits the 22's again this week.

IT's a tricky one ... I see value and doubled up at just under 49p. Too much confusion on the chat there in terms of what's left post demerger. Like Frasers involvement though.

As for SYNT, well ... bought again at 177 yesterday and now will wait for 160s I think. Seems relentless these past couple of weeks. If it is JUP (and let's face it, today they announced 1.6bn of net outlflows in the last quarter), then they had 7m odd shares left so might not even be halfway through that yet.

WT…,you might already be there but things at THG heating up.

Reckon you’ll be able to buy under the 49p today. Got to think it will take a while to reset . With this all getting done by year end…should make 20p plus a share … in time to pay the Xmas bills!

48-49p is a result if true.

Ingenuity could be a massive winner ... but then so could Ocado!!

If it's closed this fast I can't imagine a bloodbath. Imagine a 42-45p type affair on the placing price and then you'll have sellers from 10% up on that number. Rocky few weeks maybe (nothing new then).