The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Just an observation, seems that the 'A' trades are being processed at a disadvantaged rate compared to the 'O' trades going though.... (Maybe, finally they might be doing something about all those 'shorters' automated buy/sells)
I also guess that we will also see more of those after hours large buys at the end of the day!
Hi, on the daily page on https://shorttracker.co.uk/daily/20180711/ I usually take a peek on the 'daily' page now and then just to get an idea what the shorters are up to overall ... and it was on the daily positions I spotted a slight reduction but next day (looking back) it was no longer there
What I have been paying attention to is the after hour trading ...trades going though after 4.30pm and the daily volumes, yesterday very very high volume and some very big after hour trading... 'maybe' today the SP may open at a new low with a close higher (a green day) How low it might go depends on how many stop losses there are around the 1300 level
BTW I did read your article a few days ago, it was good observations and a good read :)
Very impressed HH :) ... sorry not much to add here except
The negative... the the SP dipped down to 44.4 yesterday
The positive ... they released a Trading update RNS last year on July 25th 2017 ... maybe they might do the same again (or not)
ref https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/LUCE/13305826.html
As a side note on the current trade war ... did you know, BMW is the largest US auto exporter. (well I never) https://www.londonstockexchange.com/exchange/news/alliance-news/detail/1531243360859692300.html
Interesting to see buys are now showing up as sells on this site
I just topped up because at this price the SP seems to be having trouble deciding to either go up, down or sideways!
just an idea to see where this might be going is the 'one day' chart here https://uk.tradingview.com/chart/E1FGpVoR/
Why! ... my guess is stop losses ...there must have been quite a few stop losses sitting around the levels of 13p,12.75p 12.50p and the 12p level
My guess is those who ended up selling might wait and see if the SP 'might' go lower before buying back in. Meantime what the SP really needs is more RNS progress updates
Hi Endion, 16 days of short trading ...and it looks like a few more days are on the cards, I think I spotted BennBridge Ltd had reduced it's short by a faction last week, but that data no longer appears at 'short trades' so I think they are now under the .5% threshold, but saying that they probably now have a far bigger 'trading position' than when they started in May
It will be interesting to see if their their aim is to try and break support or to hold off for a few days to allow the SP to recover to a higher level, then resume their shorting of the share!
Mean time I'll just keep an eye on volume https://uk.finance.yahoo.com/quote/FDEV.L/history?p=FDEV.L and the daily 'after hour (buy) trades' ... roll on Sept 9th
Just a thought ....it might be a good idea to keep an eye on the short positions ...example for last Wednesday https://shorttracker.co.uk/daily/20180703/ (was up) to see if they reduce their holding this week... or not!
From the ii web site
https://www.ii.co.uk/news/three-small-caps-racing-higher-ii506378/
Thinking long here .. What with China's lack of IP and the latest trade war nonsense could long term play out in IQEs favor
Maybe this Bloomburg video might explain things better than I can
https://www.youtube.com/watch?v=jVz5xIEFt4k
Ouch! looks like my buy order just went though .... if my theory is correct 46 is next support ...unless ...well they are to many to 'ifs' that might come into play, but 46 is very possible
HH I would be very happy to share ... privately if possible
At first I thought sounds like just another fishing trip But would you go to market if what you have is not worth selling !! ref http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/TAP/13687836.html
It should an interesting today Just looked at the charts and the 200, 100, and 50MA are all in an uptrend so short term all looks good, My personal opinion is the SP wants to cross the 50MA and has a fair chance of today's close right on or close to the 50 (at about 3068) anyway it looks like the SP might retest the resistant level (3010) either today or tomorrow But saying that I also see a lot of after hour trading (mostly sells)... as I mentioned before, today should be interesting :) lets wait and see what happens next :)
yes interesting, but still that 400p level is still a tricky one to reach My guess is an announcement (rather than a mention) of an acquisition will get the SP way higher than it is now meantime I thought this was an interesting read from June 8th http://www.proactiveinvestors.co.uk/companies/news/197730/britain-is-no-longer-the-workshop-of-the-world-but-don-t-sleep-on-londons-technology-shares-197730.html
Hi HH .... i just checked that 6m investment ... ref http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/LUCE/13622871.html using ctrl + f and use the word 'China' will highlight the £6m investment .... maybe a copy and paste form the above link might be better :) 7 Property, plant and equipment "During the year, the Group purchased assets at a cost of £7.2m (2016: £6.0m). Expenditure related to plant and equipment and tooling at the manufacturing facility in China. Assets acquired from Kingfisher totalled £1.4m at cost and had accumulated depreciation £1.2m. Total depreciation for the year was £3.2m. Net Book Value at 31 December 2017 was £23.5m (2016: £20.6m)"
I'm not surprised on that vote on KPMG, according to the Financial Times it's the worst of the big four audit firms ref https://www.ft.com/content/14247c88-731a-11e8-b6ad-3823e4384287 ...an easy fix for LUCE The below is from memory so might need checking I'm not sure if you picked up from the last results the 6m investment for new equipment at the Chinese factory (probably a few new injection molding machines + other stuff) and according to youtube there was plenty of empty factory shop available to increase production (growth) Another point is the introduction of the new product line of USB sockets ...i'm guessing they will be of the G type so the target market is the UK ..with a few other countries available for any over production http://www.iec.ch/worldplugs/typeG.htm one last observation is via company's house is the new company Secretary who is EU whatever! so i'm guessing they still intend to do business in the EU after Brexit I'm not sure if the SP will drop lower ... I played a hunch that the 60p would break and that there would be a few stop losses at 1-2% below the 60p ...just enough to push it down to about 57p.... I did buy enough at 57.5, leaving a possible top up at 55/56