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Don't blame you Rivaldo - trimmed a few myself yesterday
Didn't expect MMs to drop this 8% today - ludicrous, just using global sell off as excuse to offer crazy low bid price.
Anyway, I fully expect a large pool of buyers when ST writes in his Bargain Shares column so all IC readers see, not just those paying extra for the Alpha version.
Rich
MMs have played this well - keep dropping bid price each day to fill big orders
Big buy orders are then blended back in exactly 1 hour later to look like big sells.
Near 30% drop off peak share price around 30p - nothing has changed since last week, just opportunity to get more shares at cheaper price of 22p.
Don't let the market maker games, scare you into selling!!
Rich
There's a write up on the ADVFN chat room - basically ST gives IHC a buy with target 105p on FY results due in 2021
I've top sliced a few today, but holding a significant amount still.
Lovely rise today, hope it holds
Rich
Only 3.8 million shares declared after 1630 hrs today (not UT)...…I note this is in addition to the late trades blended in during the day eg. trade done 10.48, appears at 11.48
MMs, don't you just love their transparency!
I'd suggest that looking at the size of the majority of these, they are not PIs.
- Probably high wealth net individuals or more likely fund managers
Lets hope for a better day tomorrow, especially after the 11am conference call for analysts and investors
Rich
Level 2 at 1252hrs - there's 6 different brokers (or people with direct market access) offering to buy collectively 100k shares at 25.5p.
However there is only 1 person prepared to sell you 15k shares at 26.5p
What does that tell us? Quite simply there's lots of demand for cheap shares at 25.5p and not too many brokers want to sell you many, unless you pay 27,5p where 6 brokers will offer 90k shares
Rich
I did say AFTER 1635!!
Lovely tree shake this morning from the market makers - scare PIs into selling shares at 26p (shares that were in huge demand at 30p only a day ago)
Who wants a wager, that we will see lots of big buys around 28p later on?
I predict they will appear after 1635 hours!
Love the fun and games, sorry "transparency" of AIM, grrr
Rich
You've got to love the Market Makers!
2.38 million shares traded and declared after close at 1630 - all from different times of the day.
Buys / sells - well who knows (apart from the MMs!!)
Love the openness of AIM
Good luck all holders - strong buy at the closing price
Rich
So Open Orphan deliver potentially their biggest contract ever - up to £17.5m from HM Government for challenge trials for CV19 and the share price flatlines (up 0.2% as I write)
Cathal (CEO) has delivered on all his promises so far and has already outlined future plans for sale of Imutex flu jab and potential US listing / spin off; is in final stages of getting a quarantine centre in Australia plus one planned for the USA etc.
Do you believe Cathal will deliver on his promises? Well I do and his track record as a proactive CEO, with skin in game who delivers on his promises has been excellent so far. I've never felt more comfortable holding an AIM listed share.
Okay we all like to take a profit, but why throw away the chance of this delivering 50p+?
The news today will be syndicated - I see already that the Independent have picked it up and others will follow
10% traders will be in and out - PIs in my view (as a PI and holder) should hold onto their shares waiting for further good news. If you read The Art of Execution, 10% traders are "raiders" ie smash and grab artists who miss the big steps up in share prices. This share is for the Connoisseur!
Good luck all holders
Rich
Hi Silverknight
Hadn't forgot final dividend, but focused just on opportunity for this week and forthcoming divi.
FY dividend will obviously be dependant on how STM Group does over next 6 months...
For me its a no brainer to hold or buy more at today's share price, based on NAV
However STM need to start delivering, rather than making excuses for poor sales performance
Rich
Tipped in Daily Mail yesterday
Tipped by Midas Column - This is Money from Daily Mail yesterday
Hi Hawklord,
The market makers will obviously lift the share price on Monday way above 66p (as suggested by Midas), however IHC shares rose to around 76p ask / 72p bid on 6th October on H1 results, so actually you may still pick up a bargain.
H1 showed revenue up 77% (like for like revenue up 25%
Operating profit up 122% to £1.1m
(before exceptionals including purchase of SLE Ltd and fundraise - op profits were up 277% to £2.1M)
£5m cash
Gross margins up from 46.8% to 51.4%
One off ventilators sold in H1 £2.9m. H2 have sold £4.4m ventilators confirmed
Profit after tax H1 £0.8m, up 95% v last year H1
Maiden dividend launched of 0.2p/share
Profitable company selling medical equipment during pandemic - what's not to like?
Good luck with whatever you decide.
Rich
Only a small dividend at 0.55p/share - however if you buy at 28p / share, its still 1.96% return by my calculations...
Better than any interest rate from bank / building society at present
Pays 19th Nov
Rich
Nice timing on your buy on Friday
Well done!
Rich
Fabulous - its about time IHC got some decent media coverage.
I can't see any of the Daily Mail's loyal readership buying these at 66p though
The MMs will lift the open price massively on Monday morning - they love swinging the price around on here
Rich
Hahahahaha less than £30k shares traded in 3 hours (buys and sells) and MMs drop the share price by over 7%
AIM joke time.
BUYING OPPORTUNITY for those who can see beyond the short term madness
Rich
Well what a difference a few days make - lots of big buys at near 70p over last couple of days, then someone (II presumably?) sells at 69.5p to match buys.
Buyers dry up today, so market makers drop bid hard to 64p and some (presumably PIs) sh*t their pants and let the MMs steal their valuable shares off them at below the placing price of 65p.
The madness of markets!!
Can't get a price to buy - market makers broadsided by Reuters news have no shares to sell. IMO
Britain moves closer to COVID19 vaccine trial that infects volunteers - British biotech firm signed a contract with the government to create and provide strains of the virus. Preliminary work for the trials ….is being carried out by hVivo, a unit of pharmaceutical services company Open Orphan, hVivo said on Friday etc