Member Info for Novice82

Crafty - by constantly posting "Come on Matt, let's get the deals done" doesn't mean much unfortunately. If the deals haven't happened yet (and the SP is constantly dropping) you need to ask yourself why that is.

I applaud your optimism however and sincerely hope that you are right.

Crafty - this is why I have a problem with "breadcrumbs." MM has been spraying these breadcrumbs for the past 2 years and and thus far, that's all we have to show for it - stale breadcrumbs, not the pie.

There's no support in the stock price because there are no real buyers. The reason for that is that they don't believe in the company's prospects.

It's been well documented by MM (and also Vivek more recently that ) that people don't understand Ingenuity - that was the main excuse given for the capital markets day disaster a few years ago.

I would argue that this is not accurate. Investors DO understand Ingenuity - they just don't buy that it will become a revolutionary success story.

If they truly don't understand Ingenuity by now, whose fault is that exactly? Its not theirs.

Crafty - I don't dispute the evidence you've provided, but frankly, I'll believe it when I see it.

He has form for not delivering on what he says, that much is obvious.

I'd say its favorite. Whilst he likes to portray that he is fully in control (and constantly lambasts the UK exchange) he is still hanging around despite having his pants pulled time multiple times. That's not a man in control, that's a petulant child who keeps throwing his toys out of this pram.

I know - there was definite buying pressure this morning.

The problem is that it seems somewhat anticipated (hence the offer side gets loaded up) almost as if the exchange knows that it will be able to chip away the bid with minimal resistance across the afternoon. Yawn.

Good ol' Jamie has commented too, brings a nice bit of balance back from all of the self-congratulating

63.88 UT. Embarrassing but expected. Tomorrow's another day...

Eurgh. Been steady at around 65.5 most of the day and then at 4pm (like clockwork) the takedown begins.

I have considered that view KBYK....it's unnerving to put it mildly. We all know that the market has been wrong on a number of occasions, however, in the long run, the market has normally been proven correct.

It's getting harder to keep the faith given the price action, but hanging in there

I know mate. I remember the 170p non-binding, unsolicited, sprinkled with fairy and angel dust offer only too well....

Even the market didn't buy into it fully, as the price went up to a high of 155 odd from my memory, I might be wrong though

Sorry IHNC - I misread your post. JW Group are down BY 33%, they certainly aren't 33% of the Apollo bid value which is the statement you made.

Errr...John Wood Group ? They are down 33% since the bid saga, although its been around half that time (9 months)

True KBYK. It's just annoying to watch in real-time.

It feels like the "market" (and it's participants) are taunting MM now:

MM: "The LSE is broken, we made a mistake listing here. We may look to leave"

The market "Ok then. Leave"

MM: "I mean it, we are seriously considering it"

The market "Ok then. We'll play with your price a bit to make it easier for you"

MM: "Last chance - we will leave for the US."

The market: "Ok, don't let the door hit you on the way out"

MM: "Nobody wants to list here"

The market: "(tumbleweeds)"

MM: "Everyone is leaving! LSE is a mess"

The market "Are you still here? We'd forgotten about you. Right, let's take a look at your price action...."

Quick spray of sells has dropped this 66.5. Seems like THG still cant hold any form of a gain

No volume whatsoever and the bid is just being picked off bit by bit. Yawn.

Ha! Almost spat my coffee out hardwell!

hes concerned. has to be. i'm hoping that the reason is because kelso has bee canvassing support from some of the larger shareholders and he has to have enough votes to block any changes. he's not buying for ****s and giggles

The thing is, we've been saying the same thing for a while now, namely that "something has to give." I get it that GS has gone, one of the long term investors (albeit a small one) has expressed agreement with Kelso, the numbers (for once) met expectations but certainly weren't mindblowing. It just feels like groundhog day, the share price steadily trickles down and we keep having the same conversations. I hope that something "big" happens soon, but I feel that it will take a monumental external force to shake up the BOD, i don't feel that the BOD will be personally undertaking any actions to create shareholder value in the short term. And as I type this, the price drops below 66p. Just my opinion

Ahhhhhh yes! Jeez that takes me back.

Cresta? Is that a laundry detergent brand AS1?

(Just kidding)