The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
What I have gleaned from experienced posters over the last few months is that 8* can indicate big buys, 1** stock needed and 3** reduce price stock needed. If 1 or more of them is correct in this case it could be interesting for such an illiquid stock as this with very few free shares. I'm sticking GLA.
Endorse that view. It's a simple supply and demand situation and unless one of the major shareholders unloads there isn't any supply. Whilst your forecast on the results is flat lining, we only need 1 of the public contract to come through and this will be a very different outlook.
"Sabian Technology Group: Westhouse Securities upgrades from add to buy with a target price of 50p." We bought into this as the fundamentals looked good, nothing serious happened yesterday (apart from monkeying around with the sp) and in previous years the sp hasn't immediately reacted upwards after news. Anyone that wanted to day trade got burnt, but that's the risk. I'm holding for now.
I got the worst sp of the day .0032 higher ! I've read the RNS and the prelims several times "The Group continues to participate in and track a number of significant public sector tender opportunities which, if awarded, are expected to produce revenues in excess of our recent annual turnover" and firmly believe that they are saying that any 1 of them would produce revenue in excess of recent annual T/O. What if they got more than 1 with their leading edge technology. Steady boys........
Time for me to get a few tomorrow me thinks, or miss the boat. There are only 15% of these in free float and the carousel of customers on their website includes some good names and if one of those other prospects lands it will have been too late to get aboard. DYOR
Agreed spiky but a clear pattern coupled with previous RNS releases, the BOD seem to keep investors well appraised and the fundamentals are very sound, and if 1 (or more) of those contracts get landed it will transform the coy. Interesting in your view on APC it was my least favoured of the 4