Member Info for Rich62

ATs (funds using computer trading) and MMs (market makers) played a blinder today taking the share price down, so this is how it goes...
- ATs drive price down with continuous small sells
- MMs happy to take shares at low prices (however for extended period they are pricing to sell low, but actually have no shares available to sell)
- Hold price down as low as possible (with no shares to sell) so eventually PIs capitulate and sell at less than 90p
- After hours trading will be lots of big buys yet again around 90p (as we saw last night after the bell)
- Price is opened up high again tomorrow around 92-94p, to encourage PIs to buy at a higher price thinking its going to recover, before ATs take the price down again...
- Rinse and repeat tomorrow whilst big boys pick up larger stakes at stupid low prices off the private investors

Rich

C'mon! - Its not going to "drift back to where it came from i.e. 18p" at the depths of the CV19 share crash madness!
H1 results out today to end Sept, were excellent even if Q2 growth in revenue was not as significant as Q1.
The BOD have made clear that H2 will be tougher, especially if more people return to work; however with November being a lockdown month and winter being the best half of the year for most of PFDs products, we should be in for great results for Y/End IMO.
The medium term target for debt to be reduced further, is the game changer here.
I have confidence in the current team to deliver and for the share price to be re-rated upwards accordingly.
Rich

Thanks Rivaldo, much appreciated! - there was obviously someone who dumped a block of shares on Friday afternoon and I got lucky, as bought at the bid price.
Looking forward to HY results on 30th November, which should be excellent.
To be honest, could do with the price dipping again to buy some more around 53p. Will keep a look out!
Rich

Managed to buy some at 53p here - pleased with first purchase and price.
Will add more on any weakness.
Thanks Rivaldo for the tip!
Rich

Thanks Rivaldo - I've watched the you tube presentations ref AIM listing and Calnex - interesting.
Might invest some here if the price drops a little - on my watchlist

Rich

Hi Rivaldo - followed you over from IHC.
Can see that you got in early here and price has already moved significantly since the AIM offer at 48p.
What's your price target here?
Thanks
Rich

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