Member Info for latpulldown

Its just a case of spying really cheap stocks and planting your acorns.

Plenty out there right now due to Covid19 and I'm sat in a few from MTRO to Tullow to Easyjet, CINE and even NETW. Some with over-exaggerated falls and as big if not more Director and Institutional buy ins and at less than 1/3 where they were pre-Covid19.

It shouldn't be too long before we see a Vaccine approved in the UK (December is favourite) and immediately rolled out.

Then the correction back up in all of them can commence properly and those oak trees can grow.

A few familiar faces on here planting their own acorns I see.

Bolstered by 2 Directors purchases, one of which is for a large sum of their own personal money.
Funds have been at play here but it looks like if we see 58p again (highly unlikely imo) that is the bottom. Lot of upward scope by comparison.

Vote of confidence by the BoD.

Then there was another just after results...

This has been played by hedge funds for their own gains.

There was a press story prior to results which looked like all the hallmarks and to try and squeeze the price down. Then there was just after results calling into question the move to cleaner power and carbon neutrality and accusing the Board of understating things. Again to try and knock the price. Share price now having climbed from £1.96.

Loaded up now in all probability for the ex-dividend and what was about an 8% yield.

Whats shut already and is saving the company money by being shut.

Vaccine will be the key here but I suspect that foreseeing the fall in a second wave the Studios will take an opportunity to launch their new releases in quick succession. Don't forget they are sat on film after film and with no revenues coming in from them.

Starting.

There has been any fall in the share price at CINE.

If their UK cinemas were already closed then they can't be closing any more.

It's funny how the likes of Easyjet and John Menzies, both airline stocks that you would think will be directly affected are actually showing blue. many retailers also who will be shut for a month seem only marginally down. (Dixons, Joules) I even hold one share that does not one iota of business in the UK yet it is down about 4%.

Plenty anomolies out there and you normally don't do too bad if you spy and buy.

sudnai it is clear you are not invested here so I shall wish you well with your subtleties and short position and shall disengage from any further chatter. Your time and money would have been better spent in airlines, travel or retail. The big market sell off or woder market sentiment that you thought might happen has failed to materialise and people are clearly bottom fishing. I am looking at Easyjet which is actually sat marginally up on the morning and also retailers with only marginal movement.

The shorts positions to which you refer I shall correct you on. One short position has completely closed up. 3 of the others bought off the back of the Nigerian SARS episode which has been quickly quelled, so they will have to buy back. The last one is under water.

You also missed off a new Institutional Investor who has recently disclosed a 5.63% holding.

There has also been 10 Director purchases between £2.74 and £5.40 with about £4 Million pounds worth bought by the Directors at £5.40.

Just to point this out and I posted the links to back it up.

NETW are COMPLETELY UNAFFECTED BY ANY UK LOCKDOWN.
THEIR BUSINESS IS MIDDLE EAST AND AFRICA based.

If people wish to give away their shares then that is up to them but of all the stocks on the UK stock market presently, and with its markets having reopened and improving this is one they should be buying.

The excellent bolt on DPO deal should also be sealing soon.

It should go up sudnal as people realise and switch over.

It still has a lot of recovery potential to pre-Sars levels (315p) where it was prior to being wrongly hit with overdone and disproportionate falls.

Our key markets are outside the UK.

Middle East and Africa to be precise.

So probably a safer haven at this point in time.

https://www.network.ae/en/contents/view/who-we-are

value in BP under £2.00.

Just as there was in RDSB under £9.00

They were giving this away at 18.5p again yesterday for anyone wishing a top up.

TLW is just about to conclude its deal which will see it gain $500 Million straight away, then another $75 Million on FID decision and production royalty payments from Total when production gets underway in Uganda.

Seem to move it between 23p's and 30p's

Recent high of 34p but always seems to bounce when it gets into the 23p's

A vaccine without a doubt will be the key here.

What I actually missed off yesterdays list was that most of the shorts were recently opened after and coincident with the SARS protests in Nigeria. (I remember vividly us all searching for reasons for the fall from 315p to 200p and that was all we could come up with)

Those protests though have now quietened right down to the point now of being non-newsworthy on the national and international news channels. What I think some were betting and gambling on was a more protracted protest. Unfortunately that was has failed to materialise and have been quickly quelled and have petered out.

That thereby should leave an apparent valuation gap back up to 315p to fill at some point and particularly so given our new 5.63% shareholder absorbed all that short sold stock and more. Those later opened positions imo look particularly vulnerable to any further good news and the DPO deal completion that is pending completion.

In any case if this was the reason for the fall then it was a completely over exaggerated and overdone fall that effectively wiped 33% off NETW share price.

That being for a 2 week dispute of a 52 week year, centering on Lagos state predominantly, which is only 1 of 36 states that exist in Nigeria and with Nigeria itself being only 1 country out of the 40 that we service in Africa and with Africa in its entirety only accounting for 27% of NETW total group revenue.

That share price fall therefore percentage wise therefore representing a higher percentage than our revenue contribution for the full continent of Africa for a year.

Simply astonishing really but presenting good value I suspect to those that can see it and I suspect that some of our short positions are now trying to load up prior to closing.

https://www.network.ae/en/contents/view/who-we-are

https://en.wikipedia.org/wiki/States_of_Nigeria

Premier league (FTSE 250 ) company presently being treated like a junior Aim stock.

With that though comes value and opportunity which the likes of Harding Loevner LP can see.

I don't expect there to be many shorts around at all when the DPO deal completes as it is an excellent addition and we get to keep the top Executives who are tied in and whom have an excellent track record of growth in 19 African countries. I posted an article on what this will add a few days back.

The short positions already presented Harding Loevner LP with the opportunity to acquire 5.63% of the group stock and being as this is more than they used to sell down the share price, at some point they shorters to profit have to buy back the stock that they borrowed and sold to return it.

As there is now a further 5.63% of NETW stock that is effectively out of circulation and in the hands of Harding Loevner LP that points to a short squeeze ahead if any good news comes our way.

NETW's money is made by processing transactions not just face to face in shops and other destinations but also online as well which cushions it and other payment processors somewhat during lockdowns. NETW however are also fortunate enough to be in markets which are just reopening so this quarter should be a strong quarter what with enhanced transactions on the run up to Xmas.

The Board buying significant amounts of shares with large amounts of their own personal wealth and at well over twice todays prevailing (540p in actual fact) should be a good indicator of potential.

dyor.

Its useful to keep a wider market view of things for how quickly these companies can grow and who actually might emerge on the horizon as a bidder looking for its own further growth in other parts of the world.

$26 to $34 Billion market debut of Ant Group coming up and one of the world's biggest flotations ever.

It might also help refocus and sharpen peoples minds on the digit market of online shopping, gambling, healthcare etc which have grown during the present pandemic.

https://www.thisismoney.co.uk/money/markets/article-8881357/Ant-Groups-26bn-stock-market-float-biggest-ever.html

https://www.bbc.co.uk/news/business-54692537

Seems to be an agenda against any type of rational posting on this bulletin board and if I were to be honest right now some collusive market makers.

Time to pack up on the posting side as it is worth so much more. Lets see if I they can gift me the two further tops ups that I am after.

Harding Loevner LP taking 5.63% yesterday is good enough for me.

This deal is "On track" to complete by year end and should add another 19 countries and vast potential to grow on what is already $2Billion pounds worth of transactions per annum.

A good article.

https://www.forbes.com/sites/tommywilliams1/2020/07/30/meet-dpo-group-the-pan-african-fintech-company-powering-digital-commerce-acquired-for-288-million-in-watershed-deal-for-african-tech/

It's dividend held and it looks like the weekends journalism was another Hedge Funds attempt to try and destabilise the price.

I make it about an 8% yield and ex dividend is the 7th November or thereabours.