Member Info for Mailgirl1

I'm still here too but it's in my pension so I'm hoping to live long enough to see this finally turnaround. Best wishes to all the EUZ gang

Yep I've just checked in to see if we can find a reason for the recent drops :-(

Good morning Shed, Bricks, Cjen, Chri5p, Grappa, Jedster and to all those from the years ago. I hope you are all keeping well. I'm still here, still invested and still check in to read.

Interesting to see the new ones that have started to pop up over the last few weeks.

12.30

Thanks MM. I'm not too bothered about the day to day SP, I still plan on sticking around until the end. I'm just hoping "the end" is the sale or production of the mine in time for me to spend the profits :0). On a positive note, at least this is stable while many are crashing to the ground.

The silence is deafening! Help please. Are these results as good as hoped?

OliGarch be careful what you wish for. They have been trying to scrap 1st class mail for about 3 years now and I'm sure it will come. I walked away from the business 2 years ago (covid gave me a perfect excuse). The damage is done regarding the DSA's. I sat on the DMA council those many years ago when the presentation was put to us that RM would "open the flood gates to the private sector". Then they estimated that 15% - 18% of the bulk business (the only profitable part of it) would be lost. We were mortified and fought our best to stop it but it was all in vain. There are some dodgy DSA's around though. I agree though, if there are some letters to post with the parcels at least it's better than nothing.
Oh and most DSA's tend to "wrap up a full package" so print, data, fulfilment and postage all in one price so no one can really tell how much a DSA makes.

Last I knew RMG got 11p per standard letter for the "final mile", which was a good hike from the starting price but as DSA's only actually have to deliver into 8 national distribution centres. There's more than the postmans walk in those costs. In my opinion DSA's should have to deliver into every LDO then it would be more a level playing field (and less DSA's).

Trader, my main reason for doing it was a message to Neill to say that some (me for one) appreciated his endeavours. You could sense his frustration and the abuse he got was very cruel. He could have been really upset by some of those comments and taken them personally. We don't know the guy. Some posters though just appear here to hurl abuse and insults. I guess that's what cyber bullying is. OK he went on a bit, but he did no harm, he told no lies and he was sincere. I rarely post, but i just felt I wanted to stand up for him. Especially when I saw it was still going on this late. So, if they turn on me and leave him alone, that's cool by me :-)

Yeah I expected it from somewhere. There's a lot of angry people here today (understandably so). As the quote says "We don't see the world as it is, but as we are".
All the best to everyone with their future trades

In what way llywelyn?

You are right Redhammy but the red flags are there. MM's were not making a market, they stayed well clear and they (apart from PEEL) all moved in unison. The RNS clearly stated the situation and I have shared with you that my experience says that shares are (always in the ones I have witnessed) suspended between noon and 1pm. It's just something that sticks with me after I sold out of INTU around 12.30ish and the price kept rising, at 12,45 someone ploughed in £10k and just as I thought about getting back in, the trading halted. Experience is a wonderful thing if you have the memory to support it.

I traded this share today and kept noting the comments, but was too focussed on level 2 to comment.
Neill - I appreciated what you were trying to do and i was in agreement with you all the way, but please also try to understand that these boards are full of people trying to manipulate the share price, some are clearly professionals, so it is hard to trust what people post. I read, rarely reply, and check anything that may look of interest. Clearly many are extremely mistrusting, and I understand that, but Neill really doesn't deserve the absolute thrashing he's/she's getting here. Everything said could be checked quickly and easily by reading the RNS. I know you were trying to help, but some people just won't be helped.
Anyone who chose to trade this share today should really only do it with access to level 2 and an understanding of how to read the order book. Doing it any other way really is a gamble. The order book clearly showed that the market makers (PEEL/SING/Wins etc) were steering well clear of this. All sticking to ask at 2p then 2.50p when it got close, apart from PEEL who never budged the Ask from 5.1p. The only share transfers were between people like you and I who were willing to buy or sell.
I have been trading for 5 years now and seen this with INTU, Thomas Cook, Debenhams, to name but 3. That RNS last night was loud and clear, but when Sky News made that announcement it sent the traders in. It happens every time and it will keep happening.
Depending on who you use for your trading tools I think level 2 can vary from about £30 a month to £50ish.
Please, people who lost today take heed and use todays experience as a lesson towards future profits. As I also learned the hard way.
Just to add one final note of advice, for some reason (I do not know why) on "last days" it always seems to be between 12 noon and 1pm when trading gets suspended.
You really did try your best, go pour yourself your favourite tipple, turn off your computer and sit back knowing you did do good for some people Neill. You should be proud of yourself.
Take care everyone and good luck moving forward.

STFL have been sitting there on a Bid of 3p and Ask of 4.5p since time began. I think they have just been there as a token gesture. If they change then that would make me more certain that it's going to move. 3.23p to sell 3.50p to buy at the moment. MM's can, and do, sell shares that they don't actually hold, but later in the day they buy the shares from another MM so the books balance. A practice legal in the US and UK but not EU. (which is the reason why a lot of shares that used to fluctuate a lot have flatlined since they moved onto the Euro framework)
At last this is getting interesting. Fingers crossed.
Grappa, market makers can see buy and sell orders so if it's just going to be a bit of a spike they won't raise that high, especially with such a high volume. If they take Grappas 700k then it should have a good run from there.
Thanks for the tip Grappa :-)
Fingers crossed

Yes and SCAP has now moved their Ask price up to 4.20p, on one small buy

Good afternoon gentlemen. I noticed the large sell the other day and thought that could be the start of something. No market makers would take on that quantity in one hit for a long while. If an MM has bought them they must be quite confident they can sell them on soonish. Looking on level 2 for the 1st time in weeks and I see we are now at 6 market makers with interest (up from 3) and the EMS is up from 5000 to 7500.
Somebody knows something we don't know. And don't believe that market makers don't have any upfront information. They do. Just as chat boards are scanned. I have that first hand from the US and I have no reason to believe that the UK market operates any different.
My confidence is back.

Went through AQSE

A pleasure DJH and thanks.
Cracking RNS there BTW :-)

Yes I agree there DJH I'm aware that some of these posters are as such, I try not to cause friction in my postings (and it could also have added to his confusion). Unfair, unjust maybe, but I have long figured if you want to be in this game you just have to learn the rules and play by them. We are way too small to ever have the power to "right wrongs". :-)

Before my day that one Bricks, but another hopeful to cling to.
Just reading the morning RNS's and I note that WRES is shutting down operations in Spain due to a number of issues (including lorry driver strikes), LNG supplies. OK I know that WRES is a really **** stock (make our BOD look like Lord Sugar) but I'm sure there's some truth in what they say. Just a thought on some negative news coming our way, all be it temporary hitches