Member Info for oogleflugal

Lse slow as always. Plenty of rns info and trades on london stock exchange or vox news

TU update inline. Quite impressed business has been this good to be honest. House prices edging up. Cash burn is falling which is just as well as down to 10 million now . Mostly went on shareholder return. So over to you Pexa

Naked trader has written a small piece advising to be extremely careful about following newspaper tips (piers Morgan)or social media boards such as this and presumably his own site. He and Stockopedia advise people not to take their analysis as recommendations as they make money from their tips, sorry I meant analysis. In the end it is impossible not to be swayed by a general consensus of what fund managers , directors, and momentum is suggesting about a stock. Analysts alone is not enough. Luck in the timing is a big help. The best bet is to wait for an event or catatrophe such as pandemic, bank crisis etc and pile in. We’ve experienced both those recently and they have been two key moments. I was lucky with the pandemic as I was out of the market altogether because I couldn’t believe we could be so gullible to elect Johnson. So the pandemic actually came to my rescue. Investing is a bit like weather forecasting , if you can get it right 70 percent of the time it’s enough to be doing ok! Gl

Seems to be gaining more interest now. Naked Trader opened a small position with a rather unambiguous target of 1.05 considering the expansion potential oonex would bring if cleared by end of September. Paul Hill seemed very exited in his interview with the bosses recently and rather shyly confessed to having taken a rather large position on another interview, sensible fellow. Some pretty decent institutional holders including 5 percent by hedge fund. Also Ameriprise financials increased holding to 12 percent in November. Wouldn’t be at all surprised to see more than the current 55 percent but maybe not till acquisition completion. Expect a bigger jump then. Gl

The problem for Ballie Gifford rusts is that unlike the ftse 100 who simple eject 10 percent of their constituents every 12 months to cover up the incompetents, fund managers blather in about the long term investment. There is no such thing. Half the ftse 100 hasn’t progressed in 25 years and most has regressed. They are right that it is all about stock picking, but it is also about timing . They seem to be drawn to getting this completely wrong in every country across every sector. That really takes some talent. Ballie are an absolute disgrace, that’s all there is to it. No excuses

I think Falanx is the part of the name they needed to shot of.

So glad to be free of Ballie Gifford. Already put the extracted funds to profitable use. BG seems to exist for the fund careerists and s****y new office buildings

Ken Wotton from Gresham has this in at least two of his funds and has expressed just how undervalued it is. The last company with which he expressed the same view, Medica, has just been bought out at a reasonable premium to recent absurd values

So the real reason for the drop appears to have been 2million late reported sells @ 3.42 by some dozy fund manager who probably could have got a better price if informed the company first. But they dont care about loosing their clients money

Robina , i think they call it balancing the order books. I thought they were bot trades , generated by computer. Some people think there is a whole devious underworld of signals and skulduggery by market makers . The truth is a bit dull I suppose

Riv, not sure he can without making a bid! I suppose he can buy for other trusts he runs. I very fortunately bought in to mgp a couple of times last month . It pays to follow Ken. I wonder if it is that success that has lifted this stock as he singles out mgp and inse as two holdings that have been wrongly overlooked by the market. I like the way he feels vindicated by his selections. I bet is quite stressful at times. Hard enough looking after your own portfolio. There are many interesting small caps across his funds that I amkeeping tabs on

The consolation is its not quite as bad as BGS or the even worse scottish mortgage. Do Ballie Gifford actually have a trust that has lost less than 25%? I suppose they have had to pay a fair amount for prestigious new offices, that need to splash out on some new fund managers. I may give up and take the 20% loss soon, at least its not as bad as the poor blighters in SMT . I thought the idea of a trust was they could manage shares better than jo public. Embarrassing bunch of amateurs.

Shouldnt think the block on Microsoft's offer of £55 billion for Activision Blizzard has helped sector sentiment , although cant see an offer here would present a problem. Just an accumulation of small negatives has brought this back to near 52 week low. Seems to be good support at this level. i thought that was the case @ £3.75 lol! Gl

Uncommonly heavy trading last few days. Something brewing

Results, briefing and webinar may 3rd.

The price volatility really is about lack of volume and strength in the market. Consequently stocks are very news driven. Someone the other day was blaming the market makers for the share price. Thats pretty much decided by computers these days as I understand it. Market makers do not value shares they execute the buy and sell order book. Thats why share buying is really a longer term game. Trying to guess many different reasons why hundreds of share traders are buying or selling on a particular day has little to do with the real value of the company. Thats why it helps investors a lot if there are regular updates, not like some companies who like to remain secretive and dont really give a toss about PIs. Mostly they do and I think Atm are a good example. They cant comment on a daily basis but they are pretty good at keeping in touch through various media channels. I believe this company have great ambition, operate in a relatively safe country, supported by good relations with the government and great non exec advisors. Best to look at this as a medium term investment, buy on weakness provided by low volume sells to reap substantial rewards in a couple of years. Would hope we will see some decent gains in the summer but the substantial value will take time to build on. Good luck all

I buckled this morning. A very wise and successful trader advised that you should take a certain profit and not gamble on a possible little extra. In today's climate that is particularly apt I think. Its a good company either way longer term . Gl all

Interesting indeed Warren. Also Paxa is in a similar line of work , Digital property transfer and mortgage transfer. They also have pretty deep pockets having a 2.3 billion market cap. Interesting also that they are after such a tiddler. Smv must have something they havnt got and thats not the cash in the bank. I’m encouraged a lot more now. 12 million for this kind of software when out government blew 22 billion on track and trace software that didn't even work, is clearly ridiculous. I think there is a decent chance of getting a fairer price. Also Persimon released a very encouraging trading statement on house sales this morning which hasnt gone unnoticed. Gl all

The meercat always loves any old excuse to drop the sp. Waiting for the ‘suitable replacement CEO’ to be found/announced and the admission of 210,000 new shares on April 19th. Waiting for funds from a couple of takeovers to top here which may well become a takeover target itself. GL all

As expected the third party transaction, not the takeover, has discontinued. Why would they? They dont need cash they need business. Should be a TU soon. Unfortunately I would be amazed if they got an acceptable offer. Companies tend not to pay for potential . They want cash cows. Way to go on that one, but quite possible in a year or two.