Member Info for Nostra

Nearly worked through now only 234414 left of those long term sell orders @4.50 and thats not far off the cheapest current offer @4.49 so I'm back in sub 4 again. Just need a reasonable, informative update now from the company..

Following is a summary of research actions on European companies reported by Reuters on Tuesday. Stock entries are in alphabetical order. * TT Electronics Plc : Jefferies raises target price to 320p from 225p * TT Electronics Plc : Jefferies raises to buy from hold

Guys in the short term there is a massive imbalance on L2 on the sell side with some big sell orders that have been left working for a week or 2 and now total close to a million @ 4.50. Im out until these orders work through as cant see a strong rise until they are gone but plenty of potential to drop.

I asked the same question and the type of products these guys manufacture aren't that badly affected but DYOR etc. 4m shares traded today but that the majority were 3 or 4 big trades that needed working through. Absorbed quite well in terms of price recovery but i still managed to add a few cheap :-)

These are showing up on my L2 platform as 'S' trades nearest definition I can find "'SW' Stock Swap
Transactions comprised in a stock swap or stock switch (one report is required for each line of stock swapped or switched).
" but the amounts dont seem very big so who knows.

https://www.moneysavingexpert.com/travel/how-to-find-the-cheapest-private-coronavirus-tests-for-travel/#arrivalslateral

New Investor here but Ive visited TT and it was busy as hell and Im guessing (DYOR etc) its only going to get better as time goes by.

Still got the share buy back and the Divi & very pleased its this level already without either. Looked way too cheap in 15s and early 16s when I bought plenty and had them a strong buy/buy on here. Happy to hold and maybe add if it dips to 16 again (Im averaging 15.71) but dont think i'll be that lucky to get in at that level again.

Egnorts, the reason for the pricing for larger amounts is the low volume. I trade on a platform with full L2 so can see the MMs (and others with DMA) bids and offers on their Lots of shares (which set the retail brokers prices) and at the moment the offers tend to be for smaller amounts of shares in the Lots, so looking back at the trades today for example at 12:15:08 best offer was approx (i wasnt watching live for much of the day) 10709 shares @15.96 with next cheapest offer after that 40,000@16.00 and maybe say 50000@16.04 after that, so if you asked your broker for more than 10709 shares you would be asking your broker for more shares than was available at that cheapest price. The larger the amount of shares you want coupled with smaller lots being offered by the MMs and others currently and throwing in the wider spreads earlier in the day mean there could be quite a difference between the cheapest ask being shown and what your broker quotes you. Regularly currently the total amount of all the Lots of shares being bid for at any one time are outweighing the total of the lots being offered (say maybe at any one time 20 bidders bidding for a total of 1.2m shares at various prices vs offers by maybe 15 participants offering Lots only totalling 900k shares) so as I said earlier once the buy back kicks in (or gold rises or news) and if its still like this the price could move up nicely :-)

Couple very low trading volumes currently and a near 1 year low, whenever (?) the management share buy back kicks in these will rise significantly. Recently with the USD (what we sell in) buying more ZAR (what we pay our costs in) this, for me at least is a no brainer at these levels (even without the divi which is just a nice hold bonus). DYOR research etc etc ;-)

Amigo flying again today +20% and IMO NSF is a far safer bet. I guess AMIGO is more visible though.

Well Amigo (our best bench mark comparator) surprised with a profits rise recently "Pretax profit for the three months to the end of June rose to £16m from £3m a year earlier as revenue fell by a third to £32.5m after the company ceased new loans during the Covid-19 crisis. Operating costs fell to £6.5m from £11.2m and impairments dropped to £7.6m from £18.5m."
And its only hearsay... (DYOR etc etc) but I think (and have thought for some time) that NSF faired the best of all its peers with the FCA. The FCA 'could'.. have employed a Carrot and stick approach as it doesnt want to destroy the entire sector (the Government has this view I believe) and I believe that NSFs affordability/compliance have been judged best in class due to (maybe ironically) its somewhat antiquated attitude to lending ie get to know your borrower face to face/old school Bank manager fashion. I am/have been buying cheap :-)

Yeh DYOR but no activity then little flurries like this is the form this share often follows before those nice little rises Circa 6p. Is it leaky? who knows but we've seen this before..

Looks like a classic tree shake this morning, somebody wanted some shares and with this share you never know why....;-)

Looks like an iceberg order in blocks of 72K. I managed to pick up a few of them @15.22 but they are offering them less and less cheaply now.

Loads of action on L2 already nearly 3M shares traded prices all the way from 15.00 to 16.40. Wonder if this something to do with the buy back? Although the offers are ranging all over the place the action on SETS is mostly buying cheap offers. Really quite unusual, would say its busier than results day.

Might be way off but think we may have had a bit of mall time short action closing since 4pm and suggested earlier watching the offers (take profit end of week). Nothing big just small player(s). Optimistic about next week now.

Yeh gone through L2 the the biggest trades (and Auto trades ie wih DMA) were buys. That after hours is interesting SEA. I think it will be interesting next couple of days suspect shenanigans of some sort afoot (some people just don't like to pay for shares ;-))and ive bought plenty above todays levels but very happy. GLA

Out of the office today so can’t get a proper look at L2 to see what’s going underneath the surface but been buying like mad on my phone a la Buffets “Be fearful when others are greedy. Be greedy when others are fearful” but without Buffets pockets :-)) However this is a value stock/cigar butt if ever I saw one! Strong Buy got to be at these prices. GLA

Yep read the first bit "In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited,
a listed company is required to publish a trading statement as soon as it is
satisfied that a reasonable degree of certainty exists that the financial
results for the period to be reported upon next, will differ by at least 20%
from those of the previous corresponding period." and for a few brief seconds thought hope my 'research' wasnt totally wrong and its gone the other way....but no :-)) Bodes well for the full results and hopefully divi.