Member Info for oldabutnowisa

Something very wrong today. Haven't a clue but this does not look good.

Apparently massively more shares sold than bought today yet they moved up smartly. Strange forces seem to be at work here which 'may or may not'. lead to a bid. I have some to sell but this is now a tricky time. Come on Sanofi etc and throw your hat in the ring!

The divi is denomd in Euros so our divi will seem even better as the £ falls and at last the £ IS falling,

Since my last posting have noticed large buybacks by this co as well as the takeover of Accumuli. That seems to indicate NCC are pretty sure their own shares are too cheap.

Read Longinvest165's comment and in the meantime Weekend FT wrote this up I Smaller Companies reasonably bullish. So what happens Monday? They fall a further 4p!!! Shows how clever I am!!!

I have seen that these two cos are happy with the merger so the drop in NCC's share price because of the new shares they will issue seems like a good opportunity to supplement the NCC holding I will own in due course. If you look at their LSE, a broker has just reiterated £2.54 for them versus £2.00 market price. So now I own a bit of each co for now.

Traditionally, when a co issues more shares, even if they say the bid is earnings enhancing, the price falls. As a holder of Accumuli, I figure as follows: these two companies know each other well, are local to each other (office savings) and have worked together. They have agreed this takeover and it is obvious both sets of employees consider it beneficial. So the dip is a good opportunity for this small shareholder to tuck away more NCC at this price before the deal is sealed. Incidentally, a broker has since the announcement reiterated £2.54. I have bought a few at a shade under £2.00 to add to my allocation in due course!

At first sight this looks like a better deal for NCC than for Accumuli, but barring a sudden better offer, I suppose this it. Still, no need to rush.

Getting to the point when they could be worth tucking away.

I made a killing on these and committed a bit of the gains at roughly this price a year or so back. There have been good sized bundles bought today yet the price still dives again. I think these sellers are stale bulls making big profits (like I did) and chickening out before the figures. Who knows if they are right? All I know is in this market fortune still favours the brave!

On 28 Jan I posted the Cayman outfit held over 25%. Now RNS is showing they own over 28%!!! This means they have spent over £10,000,000 in the last weak spell. The broker still says £4,60! So anyone going to sell ahead of the figures???

For a growing co in the right place at the right time and paying a divi I am puzzled why this has refused to take off.

Last year they gave a nice Special Divi.. Results due within a month so the gamblers might be playing this in the hope of a fast buck!

If you are righr, ColBuffet, then when the $32M is paid over in the States the co could hold some there as a fighting fund to pursue an FDA approval for Flutiform, preferably with a partner. I don't expect us shareholders will get a nice fat divi!!

Most important is that the cash generation next year will not have to meet any of the old debt. The sellers of these shares lower down might be having second thoughts now!

They have owned Micheldever Tyres for nearly 10 years. I've just bought a pair through Halfords garage and guess what? Yes, Halfords buys all their tyres from Micheldever.. Micheldever is by far Graphite's biggest single investment, They have built it into a large and successful outfit, making decent profits. Not long then before a sale or IPO. That may draw the City's eye to this rather sleepy counter!!

Last week I posted asking how the price could rise when there was far more selling than buying. Well this Cayman regd co has been standing in the market and the broker knows this. The latest RNS yesterday indicates they have hoovered up around a million more in the last month. So now we know. Presumably they have a plan and there's plenty of upside in it for them. Company's broker still rates the company £4.60 so that must be the takeout price..

Latest RNS shows a Cayman Island outfit upping stake to 25%+!!!!

Can someone please explain how the SP can start to rise when there are huge numbers more shares selling than buying?

Might be bottoming out now but if it makes the suggested £30m gross profit for 2015-16, my calculation of prospective p/e is just over 8!! For an exciting small pharma!!! With borrowing rates of about 2.5% for big companies, there has to be a bit of stake building going on.