Member Info for Mesquida

Good point Frank, but don't underestimate the pressure that the likes of FinnCrap submit a company to, enticing them wih the promise of "a wider institutional shareholder base", or " we can get you back on the institutional radar".
But as i said previously, our Board have never seemed that keen before to tap the market for funds, so hopefully they will not be seduced by any such overtures.
Incidentally, who is our house broker ?

Final comment should read...
Will this holder be allocated any placing shares.

Of course it is possible, Beza, but Carclo are not exactly known for tapping the market. In fact I cannot remember the last time that Carclo raised funds. It is almost as if they are unwilling to see the equity base diluted, and yet as a Board their holdings are really not that large and so you would have thought that they would not be too concerned about dilution.
Personally I prefer that they do not raise funds as I believe that they can finance expansion from existing resources . There will of course be some who say that it would be a good idea to have an equity raise so as to bring some quality institutional investors onto the Register. But this approach does not impress me. The likes of FinnCrap simply "engineer" the stock price lower so as to ensure that their so called quality institutional buyers get stock at an artificially low price, thus ensuring a higher degree of dilution/pain for the real long term holders ( i.e. us, the private investors, who picked up on this story when the likes of FinnCrap were not interested ! ).

But if after all there is a placing next week then two questions come to mind....
1.who exactly was the big holder that has been selling down a substanial number of shares these past 4 weeks.
2.Will this holder be allocated anplaing shares.
Food for thought !!!

Followed by an InvestorMeet call on Friday, so looks as though the Company is gearing up to bang the drum a bit. It is a good story, but sadly few brokers seem to be interested, so i am pleased to see the company getting more proactive on the investor relations front. Could be an interesting week ahead !

Batterseafish, not sure why I.I. say that results are due in August, because company's own website makes it clear that the prelminary announcement of results for year ended 31 March 2021 will be this month, June. Furthermore they give August as the timeframe for the AGM ( perhaps this is the cause of I.I.'s confusion ). I personally see the recent weakness in the shareprice as a final attempt by the marketmakers to shake out loose holders prior to what could be a significant re-rating once the company is able to confirm that there is likely to be a step change in production/revenues as a result of new Covid related contracts.

I was actually teasing you, Jackbal, you obviously do not know that the Stock Exchange will be closed on Monday !l

Jackbal, i really don't think that you will be able to buy this stock cheaper on Monday !!!!

There are some who think that this price could eventually revisit previous highs of £5.....when you consider that there has been no dilution of the equity base, and that the ongoing turnover of the group ( ex Wipac ) is £100m , and that is before any boost that might result from Covid related contracts , then really the idea is not that far fetched. Personally i think that it is far too soon to take profits, but everyone has their own agenda.

This has completed a text book reversal after the run-up in the wake of the recent trading statement, and now looks set for a determined move into new territory. Perhaps this morning's large buyer ( after all, £ 120k plus is not exactly small potatoes ) is simply following the chart, or perhaps he/she knows that news of a large Covid related order is imminent. We shall see, meanwhile enjoy the ride !

Good spot Frank, thanks for sharing.

Do you think that a bid is likely now, Frankseluk2 ? Personally i rather hope that we do not get a bid right now , because the next 2 or 3 years could be highly profitable for this company and i do not want to be taken out prematurely. If a bidder popped up now he would probably only offer us 50p or 60p, but in 2 or 3 years time 50p or 60p could well be a distant memory. The only negative here is the pension deficit, but, as i have said before, this ceases to be a consideration if bond yields rise and longevity rates fall, and the Covid pandemia will most likely produce exactly this scenario.

Nice bit of detective work, Steelwatch, thanks for sharing.

No FireAnt, you are not mistaken, there has definitly been a change in sentiment these past few days, presumably the latest bulletin from FastMarkets is the reason why. If you have not seen it then it is worth a read, a poster has very kindly posted it over on the advfn board.

Frankseluk2, have you seen the article in today's Times regarding the effect of Covid on mortality rates and pension fund deficits. Another big "tick in the box" for Carclo.

Yet another purchase by Lance, is he feeling a bit vulnerable ? Whatever, it is good to see after several years of Director share dealing inactivity !

I am confused, T9NYW, you write as though there has been a trading statement this morning, but all I can see on my screen is Lance's 200k share purchase. Can you explain.

And let's not forget that normally Malcy is "encouraged" by the companies concerned to make comments, his ooinions are not exactly independent opinions.

Giblets, you posted about a foto, with the date written in the snow, i have not seen this, can you advise me where to find it, or - better still - post it on this board so that we can all see it. Thanks in advance.

Kingalf , i dont think that you can safely assume that everytime that there is a sell off in a stock it is because somebody has got wind of forthcoming negative news. Sometimes people have liquidity problems and need to raise cash without any regard to the damage that they are doing to a share price. I dont pretend to know whether that is the case here, i simply do not know.

Well worth reading the posts by Nobbygnome on the ADVFN board ( posted tonight ).