Member Info for oogleflugal

We are now in the Walter Schloss bargain basement category of shares on Stockopedia. In other words the market is pricing the business as less than worthless, which is ridiculous obviously. Have to wait for some decent contract news

Stockopedia have been slow to catch up as usual giving it a momentum rating of 14 0ut 100! however they have changed the ROCE value from a minus number to +79%.

Rerating I think, nearing 4.4 mow

Historic weather charts are still the most accurate method of predicting the weather. You look for types of weather behaviour over a period of time and in similar conditions prevailing you can predict a repeat performance. It physiological. Share price charting is simply about momentum, buying and selling patterns over a period of time and probability from those stats with the aid of macd, moving averages, bollinger bands etc. Even the most ardent chartist fan would not claim more than 70% accuracy. If it works for you then great.
My feeling about Mcro is there has been a very successful assault by hedge fund managers that have managed to use circumstances to drive this down to a ridiculous low and likely bought it all the way back up with the rest of us. The main attraction for me was the appointment of ex Computercentre Greg Lock and his persistent share buying. No doubt the charts will prove that he was right.

Quite agree Ever about taking advantage for the placing. He did allude to the fact that although surprised by the poor share price his job was to run the company, which is what I pointed out a while back. However I was thinking of joining the sellers today as most of my other stocks are flying away and it would make sense to follow the money. Thanks to yet another breakdown on IWEB I'm stuck here. Maybe its an omen and have just noticed SWG is flying up the rankings on Stockopedia in the 80's on value, which is good and now considered a contrarian stock rather than a value trap which is also a positive, Obviously momentum is crapola, but might now heed my own advice about patience.

Bounty thanks for that. I opened a small trading account with them to try out, not totally convinced. I might keep it going as a third of MCRO holding is with them.

This stock reminds me of a story from one of Soros's employees. When rather chuffed with a trade he had made was rather surprised that Soros chastised him for not adding to the deal. So he threw in another million and it doubled again. Easy to get caught in the headlights whether a stock is rising or falling. I was planning to add again today even though it is now my biggest holding. Unfortunately IWEB thwarted that plan yet again. I still haven't been able to contact them by phone or online. So I rang up the parent company Lloyds, thinking I might switch to them. Got the exact same 'we are experiencing exceptionally busy trading conditions,' which is odd with volumes being lower than average. All part of the same service , utterly useless.
Anyone got experience of a reliable online broker? Thinking of trying Jarvis. Many thanks and GL and reiterate PP's comment has been a great bb all the way down and back again!

Does make you wonder what all those sells were about a few weeks back. Up over 50% now

Hi Everoptomistic. Just adding up the first column of shareholders makes over 59%. Higgins and Williams appear in both columns of directors and significant shareholders. Stockopedia stats say 59.75% owned by significant share holders including Higgins and Williams. So plus other directors holdings, possibly 60% not in public hands. Higgins confirmed there was no change in directors or institutional holdings yesterday. Never too sure how this affects share volatility in stock, but it certainly can get difficult to trade when buying or selling. They talked a very good talk yesterday which is all well and good but its going to take some headlining figures to get this back to where it could be, which is a distinct possibility.,

Apologies. Silly me . River and Mercantile were selling a few only last week. Bad move. Never cease to amaze these institutions!

I see he's down to 2.99%. Capital ltd (Coincidental name) wouldn't be anything to do with him would it? Also a seller

16% above placing price . Must be a record for announcing a raise. Must have been brewing for a while, Cant blame it entirely on Burton. Any idea how much more he has to unload R?

interesting UT trade, £2.20!

Thats part of the problem. Only 140 million share in circulation , 50 of which are owned by ints and directors. If they want headlines they have to beef up the numbers, not be late with results and then take half a year or more looking for a company to buy after raising the money for it. Novel idea, but not the way most companies do it. I suppose its as well they did raise the money then, but I think a lot of investors doubted 3 million would be enough to buy anything worth having, so got suspicious they just wanted money to pay the wages. Amazed to see they actually have 90 employees. Quite a wage bill. They have actually spent 35 million (the current market cap) on acquisitions, one company was about 22 million, one about 11, and the others under 1 million. So is perfectly possible they are looking for another small company, That was one of the positives from the presentation explaining the way the different companies in the organisation complemented each other rather than simply a collection of unassociated businesses, and gives hope that their brokers target of £4.00 could actually be achievable, but maybe not for a year or two.

Yes Jimbren. No idea what drove the SP up to nearly £3 in April, but they certainly took advantage of that. I think they may have learned a lesson from previous acquisitions. Must have been the 30% drop in revenue that crashed the Sp again. Could have been worse but for the strong balance sheet. Possibly needed the time this year to generate enough cash to match the placing plus paying off the 4 million legacy loan. So considering the revenue drop and imminent recovery , there should be a strong profit rise to follow.

Clearer I think is the point. Phil's explanation of the acquisition trail was useful too. They do not wish to dilute share holder investment further, but they are scrupulously trying to find the right fit for the company. Not duplicating what they already have or buying a company that needs fixing. Cash generative, profitable and a £3.1 million order for next year already. Supportive institutions and board still holds substantial share of company. Looks like impatient PIs (possibly making wrong conclusions) have been selling down. Not expecting SP to rush back up but if the order book continues to recover hopefully we will be seeing a decent price next year.

Blackrock inch up holding again. Lot of trading shenanigans with small BOT trading again and a number of large trades yesterday.

seems like everyone is ****ed off with short sellers:
Recently, we have seen billions of dollars wiped from global and Australian equities markets in part due to the practice of Short Selling. This predatory trading technique is often executed in conjunction with algorithmic "bot trading" and has lead to the destruction of the hard earned savings of everyday investors, self managed super funds and retirees.
In particular, the big four banks (ANZ, CBA, NAB, WBC) have had their shares savaged by offshore short sellers which has directly impacted the large amount of Australian investors currently holding these companies.
Shorting has been around for years. The game completely changed with BOT trading. This allows contrivance to manipulate the share price between fund managers. Why is their such reluctance to ban it? Surely it should be taxed at the very least.

Seems strange that this appears to be selling off with the rest of Covid testing companies, which generally are more related to testing humans for one specific disease. My understanding is that KMK have developed a bit of kit that tests air quality for many different pathogens from viruses to radiation leaks., more for use in security and defence. Someone alluded to the accounts being checked over by the new CFO. I've not been able to find any information about that. Otherwise this looks like another great buying op

Results as notification. Its been a tough year with delayed contracts, but management have managed the situation well in these circumstances, so the sp is probably fairly reflective. However they have been in a similar situation as many other companies and look well positioned for a recovering economy