Member Info for Peakybinder

Smaller Frequent sells are more favourable to depress an sp.

I agree it's not cheap...
Worth a punt in the 40s, but it's a gamble...

I imagine news has leaked before the weekend, hence sudden rise.

Henry Spain currently holds 18% and HR net 15% according to staffline website...

Old article from 2019...

https://www.pressreader.com/singapore/the-edge-singapore/20190909/281642486863007

Headlines of the write up...
Accident-prone & low margin staffing group. I’m not keen. Most of the profit comes from adjusting out £7-8m pa costs by calling them "non-underlying" in both 2021 & 2022. Outlook comments sound weak too. Weak balance sheet, with negligible NTAV. Why get involved? Could be a takeover target from big shareholders maybe? A big failure as a listed company, with too much dilution to recover anywhere near previous highs

No one would want to buy this, when they can scrape it up cheap of the liquidators...

There's got to be good support sub 50p. That's where this is going....

Read a good write up this morning on stockopedia which basically says this is a basket case burning cash....
I'm only holding as there's something clearly going on, and really don't want to miss out..!
Business is worth 45p at the death, so one would assume any bid would be 50p plus... Gla

Looks like there's good support at 15p...

There's the loss you were looking for....

Pm, short sellers don't really buy them all back to create a big surge in sp, they hedge longs against shorts.
There's never a huge climb as shorts close that so many talk about..

I read last trading statement, it's all there.

Ocado is forecast to make a 350million loss until at least 2025..
So if you are really into gambles then it's one to try for sure.
Not one I'd recommend to anyone I liked....gla

Bought a few tho at the 13 year low.
Forget an them now...gla

Yes, but guidance was poor!!

Question is, volume is that low, why didn't shorts take it down??
Because they are low on ammunition and down want to borrow more... Very positive sign.

Drivers will be getting far more abuse when they drive now..
Public clearly have little respect for their 14% turn down!!

Essentra will pay a special dividend of £90m, representing approximately 29.8 pence per ordinary share (the "Special Dividend"). The Company intends to pay the Special Dividend on 27 April 2023 to shareholders on the register of the Company as at 18:00 (UK time) on 21 March 2023. The ordinary shares will be marked ex-dividend on 20 March 20231. The Board also confirms its intention to recommend a final ordinary dividend for the financial year ended 31 December 2022, adjusted to the earnings of the continuing operations of the Group2. Details will be provided at the time of announcing the full year results on 22 March 2023

Read last trading statement, says 21st.