Member Info for Malbright06

Having closely tracked the Nasdaq pricing pre-market for months, I think today's rise is a classic case of rinse and repeat. That is to say the shorters have had this share by the proverbial for months now. Every single time it breaches US$ 15 on the Nasdaq listing (as is the case today) they bake in the gains from the shorting down to less than US$ 13 in the pre-market trades and then rinse and repeat to bring the price down during the trading session to somewhere around where it finished the previous day or often below. Today's pre-market hit a high of US$ 15.72 but is slowly drifting down to US$ 15.57 as I type. Given yesterday's close of US$ 14.87 I am expecting it to trace back down below US$ 15 as the trading day progresses. Result in UK is that we will not hold the 610p high of AIM trading. Ive been breathlessly awaiting a hold of 600p for months now but am beginning to doubt it will ever occur in the next 6 months whatever the results show.

In the Finncap upgrade note published today and in a nod to the gdog critique about directors share based awards I note the following comment:-

"At adjusted EPS of $0.71 for FY22,(2% increase over FY21) and introduce FY23 estimate of $0.84 adjusted EPS. We note that in our reported EPS we include $43 million in share based payment expenses in FY21 and $50 million in FY22 and that these expenses fall to $23 million in our FY23 forecast"

Which brings to light just how much additional EBITDA could have been presented in our results had the greedy bastard management not sucked the life out of the company profits. Also why do Finncap imagine these same greedy bloodsuckers would suddenly drop their share awards in FY23 ? Who knows what takeovers might occur in the coming years either by Tremor being acquired or it acquiring others. Either way it seems like we are stuck with share based awards of $50 million for this year whatever happens to the profit.

Meantime Finncap still sticking to their 1700p target price. We'll be lucky to see a return to 600p this year let alone anywhere close to their fantasy target.

Trust our luck for the results announcement to fall on the same day as the Ukraine invasion. With the markets totally in free fall who’s taking any notice of individual shares ? All in all the results were very encouraging and the $75 million share buy back should put a floor under the share price. Not seen any forward guidance in the results announcement but presumably this will be in the earnings call later today. So far we’ve squeezed out a gain of 34p today but am expecting the US open to drop this back as the shorters pile in again.

Now dropped below $13 . What the ****!

I don't think you need to have any worries at all about the expected final results tomorrow. Im sure they will be indicating continued excellent growth, higher EBITDA, excellent cash generation etc.

BUT that is no signal for the share price to show any meaningful uptick. This share has been for months now firmly in the grip of a consolidated short, DESPITE the third quarter results and its relative price compared to its peers. Ive rather given hoping that even continued excellent growth results will do anything. Like you gdog Ive purchased more for the past year all the way down from mid £7.50's to £ 6.00 by which time sunk into despair. I haven't sold a single share in ages since trimming off a few shares back when the price was over £8.00 so all I can do is stay alive long enough to see my continued holding even get half way back to the brokers targets. Remember the US brokers all targeting a minimum of US$ 26 yet here we are close to US$ 13 and no signs of any movement other than further down every day.
And now we are in general market turmoil with the Ukraine situation and the inflation problems worldwide so am not expecting any recovery possibly this year.

US premarket already showing a dive from $ 15.04 close to $ 14.42 with yet more downside to come today. With Facebook dropping 22% last night who's to say we won't see at least a 10% drop on TRMR today. Just as we were getting back on track this comes along. Bugger !

Telegraph today has report that British Volt to build a battery recycling plant at Northfleet in Kent. With Glencore already invested in the company, this could be a major competitor who is already well advanced and receiving Government support. Meantime we still await the results of the metals refining tests that seem to be taking longer than the Chillicothe report to come to light.

With all due respect to Gdog it was a welcome relief to us AIM shareholders to see the Nasdaq closed yesterday, so we saw a nice rise by 30p. Sure enough within minutes of the US market opening we again see the hundreds of 100 share trades bring the price down from $ 14.55 pre market to $ 14.02 as I write. When will this short attack ever end ?

Just hit the $13.67 for your trade gdog. Wish I could wish you well but all I’m feeling is my money disappearing down the drain

If only I had access to the funds I’d be in again. Are we going to drop below £5 this week .? All of 2021 has now been wiped out and we are back to February levels BEFORE THE LAST 3 QUARTERS EXCELLENT RESULTS. In all my years of investing I’ve never felt more helpless and bewildered by a stock as is Tremor. Used to be the Yo-yo stock but now it seems the cord has broken and the yo-yo sits on the floor.

Should say Munchbox not Munchback although hope your shoulders can bear the weight (wait)

Much as I admire your confidence Munchback, the general trend of your postings of late always seem to indicate that there’s going to be a blow out in price within days. Only for the price to gradually fall back to its current trading range between 28 to 31p. UNTIL there is an actual RNS of meaning I think your optimism needs tempering. I personally don’t see that anything is going to happen until sometime in February 22. Meantime those of us heavily invested in MKA just sit tight, enjoy Xmas and New year and to quote Delboy “ this time next year we could be millionaires “.

Over on Nasdaq just hit a 52 week low at $ 13.83. Nothing is stopping this .I’m now under water by at least £50k since this started just after results. What is the end game ??

There is substantially more pre market trades over on Nasdaq than usually the case and driving the price down to $ 14.33. Is this the last shake of the tree ?? Usually these buggers know more than we do about behind the scenes moves

Not many pre market Nasdaq trades as only tiny quantity at $ 14.90. Expect they are waiting on the opening bill when they will hit the automatic trading button for the usual 100 share trades (which make up around 80 to 90% of all trades in USA.

See that the board have issued another 4 million shares for the directors various compensation schemes. Meanwhile the share price for investors who actually part with their own money to buy them is in free fall and they can’t do a bloody thing to stop it.

Looking closer at the TSXV, I see the volume is only 3500 shares compared to a 30 day average of 19,303. And the current price of 44 cents is below the 200 day moving average of 46 cents. What the **** ????

Yes Ive just seen the huge 18% fall on the Vancouver exchange down to 44 cents. Cant see the actual trades in Canada like we list here on LSE but such a fall would normally transpose over into UK trade on Monday market open. which would equate to around 25.6 p. Something doesn't sound right about this.

Looking at the pre market trades I can only see this going down again today and into the $ 13’s. If this continues without some intervention we could well be on the way to $10 . Nothing seems impossible nowadays but he ho the management are still lining their pockets.

Now down to $14.10 on the ADR. And still management do sod all.