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Amazing gotoutjustintime
Back in those late 80s and early 90s days, London was submerged with so many stock brokers yuppies kind ones with phones 📞 in their cars selling shares like hot cakes. Just about everything that was sold that wasn't aim shares made you loads of money.
I guess today with so much technology being used to have an upper hand on next stock share movement signal, it's hard to know what the stock market and its MM's have planned for us retail private investors. Bring me back to those days.😉
It's very obvious that today was a perfect example of a trader's day.
It got bought from 13p upwards and almost reached 13.94p for it to fall backwards near 13.40p.
I guess we have now a bottom of 13.34p where we should be moving from hopefully tomorrow if those day traders allow it. Gives us a break🙏
Hi HHH81
I know that feeling. Not too long ago I was invested in Metro whereby I thought it had reached the bottom and went in with both feet. Unknown to me and being a total stranger to the Metro stock, soon it started dropping every day from 37p right down to 32p and rebound back to 39p. It took 1 week to drop and 1 week to retake the same position and even higher.
Then I realised that had I sold out on the fear of it going further down, I would have lost £3k just for it to rebound and make a fool out of me.
Thankfully I've learnt my lesson. Anyhow, what stopped Metro from going further down was due te fact that the Brazilian billionaire owns 49% of the bank stock and bought in recently at 30p to raise cash for the bank with more shares being released.
So, that put a floor on the Metro free fall.
If the Capita Ipo was at 12.89p, then that in theory should definitely be able to stop cpi going near there.
But don't take my word for it.
It's still too early to call it done and dusted and off we go back up again and retake as a minimum the 16p territory.
It says here 1991. But please corret me guys. I'm not sure which year their Ipo was launched.
https://www.londonstockexchange.com/stock/CPI/capita-plc/our-story
Currently seen as already happened buy and sell trades which I would assume the sellers have sold and the buyers actual retail customers are now holding the stock rather than just the market makers filling their boots.
Buy 6,193,023
Sell 5,195,843
Unknown 62,290
The above are a mixture of off-book based trades possibly from today and yesterday too. Please interpret with a pinch of salt and allow for a small degree of error.
Also gotoutjustintime, beware that Capita IR department have access to the Bloomberg Terminal Monitor and are able to see if an institutional investor has dropped off or added on more. On the Bloomberg terminal I was able to see last year all the stock brokers normally used by retail customers where the shares are held under the brokers firm name as custodians. It would show whether the shares held on behalf of those retail punters had dropped off, reduced or increased with exact amounts and dates fully in the view.
Without that Bloomberg terminal, all of us I guess, are unfortunately and blindly trading the wheel of fortune.
You've a good point on the market makers proving liquidity by buying the shares off the sellers hands, but it's not always that they end with a pile of cpi shares waiting for me and you to come along and buy off them.
For example, the [O] trades tend to be normally retail investors whilst AT orders more resembling private brokers firms executing it on behalf of some firms of investors that we will probably never hear from them as they tend to buy below the 3% threshold. If you had access to the Bloomberg terminal as I did last year with the help of a friend working as a broker in London, then you would be able to see tiny entries of names of firms that took on small purchases and these are the ones that also fall off the Bloomberg terminal equity register and you will never know when and how much they bought or sold or transfer to other funds. All this happens within the super expensive and exclusive Bloomberg Terminal monitor which is like an Aladdins Cave of super useful ever so changing financial data. In one of my Bloomberg Capita reports that I published here for everyone to see had over 500 entries. Imagine the amount of information that we don't know of. It's a pity that I couldn't back to study, because apparently business economics university students get free access to the full Bloomberg terminal whilst within the University campus grounds. If only 😪
Nice post Kipper9
As you said, if you can beat the ISA savings current ongoing interest rate then you'll be doing very well.
Just want to add that James Rose security analyst for barclays placed a buy rating for Capita plc with tp 40p.
It was published on the 12th March on tipranks website but is hidden from view. I was able to see through my interactive brokers account.
James Rose was also one of the broker who was asking Capita Ceo Adolfo during the 2023 FY presentation.
https://www.capita.com/sites/g/files/nginej291/files/2024-03/Capita_FY23_Results_Transcript-Final.pdf
James Rose Barclays buy rating
https://www.tipranks.com/stocks/gb:cpi/forecast
Hi Kipper9
Indeed and you're correctly right to say that the publshed of buy and sell trade volumes its only a good enough rounded up good guess of has already happened.
But I'm also able to see the name pf the brokers who on behalf of the client has put on the live order book their intended sell or buy order. That's why this morning I said that there were keen buyers trying to get it under 13p.
But perhaps it wasn't sustain for long enough and removed those buy orders from the market maker's order book. Sometimes it depends on whether the market makers want to take the share price lower and make it happen if the order number is big enough.
I got a bit of a freight this morning just seconds before cpi started trading when I spotted someone trying to buy 389,00 cpi shares at 11.89p, but soon after it got remove from the order book and the market makers on this occasion were happy to go to 13p.
But I guess nothing will stop some big buyer wanting a few millions shares and placed them spaced out on the order book and try their luck.
Hi Kipper9
Yes I do have access to level 2 live data streaming. But don't know how much to share here. Yesterday I had a few posts in reply to you about shorters outstanding and my post was removed. I posted the avaliable shares to short data amounts with actual figures exttacted from the interactive investors pro website platform for which I also have an account with but wouldn't recommend it opening an account with them imho.
As it stands, I think there's people here on this board that don't want certain information to get out and flagged my yesterday post. I'll see what I can do for you.
But I bet some will buying in again once they see the capita share price crossing into the 14s border level.
If you remember yesterday I put into prospective that we had over 160million trades starting from the 4th March to close of yesterday trading day. What that means to me that in overall we would have had an average of 10 million buyers at 13.50p, another 10 million at 14p, another 10 million at 14.5p, another 10 million at 15p and another 40 millions of buyers with purchases made between 13.5p and 17p making about 80 millions aproximate.
The question is now who from these recent bargain hunters buyers will sell up first and in what amounts or will they hold all the way to 18p or more?