Member Info for Malbright06

Lets try to put these results in stark numbers:-
3 months %. 6 months. %
Revenue. 75.8. -7% 156.7 +3%
Op. Profit. 15.5. -27%. 29.8. -18%
Diluted EPS. 0.05. -72%. 0.12. - 55%
Stock based comp. 15.324. +587%. 31.353. +633%

Meantime my own share holding since same time last year has probably dropped well in excess of £ 100,000.

How come there is not an institutional shareholders revolt at this. Meantime we are again back to "jam tomorrow" forecasts and meaningless reviews by the in house broker.

Down 10% at the open. It would have been nice if they had put the percentage increase in stock based compensation alongside the pathetic “growth of 5%”

If ever there was confirmation of the manipulation of this share price in US, it came yesterday with a deliberate shorting of the price down by around 6% at one time, in the sure knowledge that after today's results, there would be a similar rebound so that they then sell into a rising market. What a joke this Nasdaq listing has been for all of us "longs".

I wonder when the actual details come out, if this greedy board will find a way to award themselves yet more shares. Meantime apart from the usual jingoistic Finncap report and fantasy price target of 1700p, there has been little share reaction.

My buy just shown up as a sell. What a fiasco

Despite the agony of seeing the price ravaged these past months and despite the acute embarrassment of having had friends and relatives investing their hard earned cash in this stock on my recommendation, I like others retain absolute confidence that Mkango must be one of the best stock picks of 2022. Adding to my already substantial investment I bought another £5K today at 17.99p. When the MDA drops and funding becomes clearer we should see the base established for an exciting run.

Well that rumour didn't hold water for long, as an upside of around 40p early in the day when the rumour mill in full swing, currently stands at a 3.5p loss on today's trade.Over stateside we have hardly moved from Friday's close. Anybody care to try to substantiate this rumour with factual reports ?

Just to add further comment to the frequent statements about buys being recorded as sell, I got my wife to buy 34150 shares this morning for her SIPP and she got a great buy price of 23.67p which shows up now as a sell.
Ive just added another £10300 of shares to my ISA this morning so my total stake now around 700,000 shares. Averaging still around 25 to 29p across ISA, SIPP, and normal share purchases so still under water but Ive analysed this to the umpteenth degree and I just cant see any way that this stock could fail. Quite happy to await news flow and expect to see the price gradually climb back towards 30p but this may take months. Even when the funding arrangements are announced to see the start of the concentrate mining project I doubt we'll see any huge uptick towards the 50p considered by others. It takes a long time to build a concentrator plant let alone begin the first extracts to send to the refining plant in Poland, which also has yet to be built or detailed financing announced.
So my belief is hold steady for the next 2 years or so and in 5 years we'll all be millionaires (to quote Delboy).

Just hit $11.23 over on Nasdaq so blown through the previous all time low. What did Tremor do to deserve this pounding. Can no longer just blame the shorts. It seems to have lost all credibility with shareholders.

Even with the fantastic figures for Peri it sold off again today and is down 2.81% as I type. Seems like the adtec sector just keeps on getting hammered irrespective of results. Tremor now sadly behind the curve in announcing first quarter results but if as good as others I expect it to sell off to around $11 on Nasdaq if it follows current trends. That could mean a forward guidance P/E of around 10 for a company growing profits by 30% plus each year. Go figure !!!

Already touched $12.03 today on Nasdaq taking out the previous low of $12.21. Heading below 12 !!!! Is there a more unloved stock than this ??

Yes looks like we are heading below £5 on the AIM tomorrow. We've seen as low as US$ 12.20 over on Nasdaq today and we are not finished yet. This is murdering my dreams of a pleasant dreamy no worries retirement. Coupled with my absolute pummelling on MKA (a rare earth miner) I'm under water and struggling for breath. BUT won't sell either as the fundamentals belie the stock price. Good luck to all LTH's like me. Are we all mad ?

I’ve been waiting for a week now to see the starting signal for the next rinse and repeat and now we see it will start again today. In my last posting in which the pre market Nasdaq was up around US$ 16.72 subsequent trading days brought it back down to $13.10 yesterday. And here we go again with pre market up to $14.06. They will run with this for a day or two, suck in buyers and then drive it back down again. Christ knows how much profit they’ve made with this shorting exercise but one thing is clear. There is no institutional or individual shareholders able to do anything about it.

Just added another 43000 at 22.8p so my holding now around 650000 shares. Massively under water but have every confidence going forward despite current frustrations with absence of RNS re the financing of the project. Still holding the view that the concentrator plant will probably be acquired by a large mining conglomerate and Mkango focus on the refining plant in Poland and their holding in the recovery of used magnets.

How did this happen ? At 11.46.10 the shorts had taken price down to $14.90. Then at 11.46.11 suddenly they sell 35,794/shares at $15.3092 then at 11.51 the price back down to $14.96 and the short continues. What chance do we shareholders have against this ..

To Rusty Bucket. As I understand any ADS shares on Nasdaq that are “borrowed” for shorting, can only be sold again back to Nasdaq market. So I fail to understand how these shorters can sell back on AIM to Tremor under the buyback plan. As I understand it the buyback is limited to AIM shares and based on the average 5 trading days prior to purchase, and limited to 5% above the market price.
Nevertheless I agree wholeheartedly that a massive and concerted short has been directed at Tremor ever since the dual listing. It has been a classic case of substantial algorithm trades of 100 shares to drive price down, then a similar larger number of tiny buy trades of less than 10 shares to bid the price back up, at which point they sell, reap the profits and rinse and repeat for the next time. Result is that we are stuck in the $ 15’s up to $16 at which point the rinse and repeat starts again.
And no amount of successive quarter results has yet shown this share to be capable of getting back to the $19 listing price let alone anywhere near the mid 20’s.
In short, other than the management team, this listing has been nothing short of a disaster for all previous AIM stock holders. We were doing nicely in the £7 to £8 range until that listing.

Well the last two days were certainly a classic case of "rinse and repeat". Having seen expectations to break $17 the shorters decided "hey we've let you have a bit of fun and hope"so within minutes of the market open when the pre-market had been $ 16.72, they brought it rapidly back to earth with a crash to around $ 15.84 and then proceeded over the trading session and yesterday to bring it all the way down to $15.21..Now more likely to see it once again breach $15 than get away to recent highs. Coincidentally these two trading days were the ones without any share buyback, almost as if they knew this was about to happen. Collusion ?

Here’s hoping we can breach the US $ 17 over on Nasdaq. Hard to fathom when even the lowest analyst target was $26.
But that’s where we are. When it gets back into the mid £7’s I will be making real money again.

Just when we all thought we'd escaped the grip of the shorters look at today's trading over on Nasdaq. They took the pre-market up to a high of $ 16.80, sucked in the buyers, and then started to pull it back to $ 15.47 as I type which in turn has brought the AIM price below £6. What will it take to shake these guys off our tail ??

Share Nicely now - Yes I see that the latest short interest on 15th March was down to 30,485 compared to 15th Feb when it was 452,617. I also note the largest institutional investor in the Nasdaq listing is Ophir Asset management who have increased their share holding by 113% to a total of 2,480,706 shares out of a total of 7,401,676 total shares on the Nasdaq listing (as at 31st December 2021). I wonder whether it was this investor who had been the principal shorter in the acquisition of so many shares but the question is from whom did they borrow. ?
And to end on a positive note for the weekend, the US listing price actually recovered in the last hour of trading to finish on US$ 15.88 having drifted as low as US$ 15.20. All bodes well for a recovery over £ 6 for the Monday start on AIM.