Member Info for MrBB

Next for shorters is to close their shorts or lose their shirts!

& yet our SP remained firm.Someone must be buying the shares sold as MMs would not hold that many,unless they expected our SP to rocket.Directors could not buy when our SP plummeted as they were in a close period,pending Interims.Similarly they may be unable to buy now as they are aware of Market sensitive info ,ie regarding our forthcoming acquisition & any others underdiscussion.Probably very frustrating for them that they could not buy under 30p

is very high today & massive % of sells....yet our SP is firm-so who is buying ?

Will obviously have its detractors & we know Ennismore have placed a massive short bet.Costis needs to continue announcing strong trading results, ( although a 3rd quarter update has traditionally been published in November the figs should now be known),the European acquisition needs to close ASAP ( & it will hopefully be in a geographically acceptable location) & we need to announce another 1 or 2 solid US bolt on acquisitions (which can be absorbed into our existing facilities).Our SP has recovered strongly from our lows of 15/9 & there is bound to be some profit taking from short termers.

Depends on your perspective Mr F.Just over 2 years ago you could have bought here for under 50p & were then offered in Dec 13 9 for 11 at 190p. check out the Math .

May be disclosed in next day or two

You are a sensible investor ,buying following very strong & reassuring results & outlook.I took a larger risk by buying from end Aug to 16 Sept @ 36p down to 27p-much higher risk, & , for now,I seem to have gotten away with it.My holding is few 00k higher but I too have no intention of selling any time soon.If we keep growing strongly,particularly in the US our SP will respond,one day , & the potential remains for Gbo to be a very large player & when Costis is ready he will sell or merge with our value being in excess of $1bill & a SP of 150-200,depending on the number of new shares issued

Shorters could have closed on 16th Sept at under 30p,making substantial profits for themselves & their investors, but the major disclosed shorters didnt & Ennismore increased their shorts by over 5 million shares since then,probably @ under 33p.At what point do they accept that their view was wrong as they should not have the emotive tie which we PIs often (rightly) can be accused of.If they have strength of conviction they will,perveresely,be pleased that our SP has shot up over 50% from its 2 week low-their plan being to sell even more at these higher levels. Surely the risk for them is that Brokers Analysts The Industry & The Press will be positive , resulting in more sustained buying,US buying & II buying,squeezing our SP higher-the danger being that they could lose substantial amounts for themselves & investors.Surely they should now be considering closing at least some of their positions,in order to reduce their risk.Further acquisitions are likely to be announced in addition to the one due to close next month & there must be a "risk" that our SP could be 60p+ by end Oct-which would make me happy as I am very long. I am genuinly curious about the psychology of those short millions of shares here.

will have all been quaffed by now & the Analysts & IIs will all be considering their positions-hopefully with view to increasing their holdings & closing shorts

Presentation by Costis & FD to Analysts will hopefully be well received & result in increased buying & shorts closing. If volume exceeds 30mill today perhaps Ennismore will have taken their losses.

I see all RNS s via investegate.co.uk

Disagree Soulboy.The Resuklts were known & were excellent but the outlook statement was better in that it referred to continued strong growth into our traditionally stronger second half.The Interims also referred to strong US growth & further acquisitions in prospect. Interesting to see how many shares Costis & our Board buy today & over the next few days. If Ennismore keep borrowing to sell perhaps they will buy some of those borrowed shares !!

2 minutes for Ennismore to cover about 25 million shares ?

Interesting to note that on a poor day for markets & in the face of substantial selling our SP has held firm. MMs are either holding large numbers of shares or someone has a big buy order-either way I am still hoping that by this time tomorrow shorters will be running around like headless chickens.

If the news is good it will suit Costis to keep it tight if he wants to buy more shares tomorrow & particularly if he & co Board members want to buy reasonable amounts,ie not just a token 50k each. All will be known soon & Results are being published into an environment of Stock Market volatility & uncertainty

& then we will know if there will be a declared skeleton in our financial cupboard,vindicating our poor SP performance & justifying Ennismore s rapidly increasing short. Lets hope that Ennismore & their friends will be scrambling to cover their positions over the remainder of this week & that The Market,on this occasion,is wrong!

With our recent acquisition & the "Ocado" orders I am sure we have hired a few extra staff recently & I am also that there is now a great buzz of activity @ our previously under-utilised Haydock facility.Assuming that all is progressing to plan & we are now ramping up the Neiman business it will be interesting to see whether there will be a profits alert if the positive type as we approach the half year,I've if trading is ahead if expectations-which would result in an instant re rating result in a possible increase in our Interim dividend.

I get the impression that they are a typical hedge fund who apparently have performed quite well recently.I would be more concerned if 10 hedge funds were simultaneously shorting as that would suggest that there is almost common knowledge of an easy way to make some money.I suspect that 1 senior trader /analyst/partner at Ennismore is staking there reputation ( & bonus ) on shorting GBO. I hope that be Tuesday ,early, they are scrambling to buy back the (by then) 25mill + shares that they have borrowed & sold.Not sure what that would do for our SP ?

shorttracker.co.uk

Ennismore have been shorting for a couple of years & let us hope that Costis is able compel them to close their positions following Tuesdays results ,trading statement & outlook for the rest of the year.It would be great if some additional positive news was announced also next week. the Market is clearly undecided after the girations of recent weeks but hopefully nerves will be settled & our SP will rapidly rise