Member Info for richred_uk

13.2% short is a reduction in recent weeks, not an increase, it was over 14%. Now I wouldn't take that as a glowing buy signal or anything, but to say shorts have increased is incorrect on a recent basis.

Immersion increased by 0.31% on 11th Oct 18.

Since then Blackrock have reduced from 1.31% to 0.58% (0.73% reduction)
Kontiki have reduced from 1.58% to 1.29% (0.29% reduction)
Coltrane have reduced from 1.48% to 1.35% (0.13% reduction)

So the net change since 10th Oct is -0.84% - not a stampede for the door by any means, but a reasonable reduction nonetheless.

Blackrock - down from 0.89% on 26th Oct 18 to 0.58% on 1st Nov 18 - 4th reduction in less than a month - seem to be heading for the door and almost certainly, if they reduce again it will show as zero (short tracker doesn't show below 0.5%).

Kontiki - down again from 1.37% on 31st Oct 18 to 1.29% 2nd Nov 18 - 3rd reduction since their high of 30th Nov 17 at 1.65% - only a tiny slice, but every little helps.

Total short is down to 13.2% - still very high but M&S and Kier are catching up - maybe we won't be the most shorted stock by results day.

Coltrane - down from 1.48% on 26th Jul 18 to 1.35% 31st Oct 18 - regular reductions in their position since 18th April 18 when they were 2.53%.

Kontiki - down from 1.58% on 6th Sept 18 to 1.37% 31st Oct 18 - 2nd reduction since their high of 30th Nov 17 at 1.65%.

Blackrock down slightly again - down from 1.29% on 19th Oct 18 to 1.18% 24th Oct 18. Might just be noise or might be the beginning of the reductions - I'd be more confident of that if I saw Engadine or Immersion start to reduce though.

Very slightly - down from 1.31% on 2nd July 18 to 1.29% 19th Oct 18. Shorted at about £1.30, reduced at about £1.18. Paying £0.05 divi plus whatever the 'hiring fee' is - doesn't seem a huge payoff tbh.

Think there's a new short on the scene - very brave if they opened at this level, might be a small tick up from a previous position as short tracker only shows over 0.5% - Gladstone Capital Management LLP 0.54%

It's included in the RNS announcement of the 13th Sept.

faites vos jeux.

Just for fun - what will the next update on short tracker be - will it be somebody reducing their position last Friday/ this Monday, or will it be Engadine increasing their position yesterday? If it's someone else increasing that's a 0 or if Engadine reduce that's 00 and the house wins :) Bets stay placed until Short tracker next changes if it doesn't happen in the next day or so.

I'm going with somebody not Engadine reduces.

Engadine have increased again - 3.41% on 13/9/18 - now almost double the position of every other shorter and adding very late in the day - today must have been a bit of a sting - will be interesting to see if it's any of the other positions unwinding and leaving Engadine holding the baby.

Interestingly it means that 2 of the last 3 acting shorters have reduced - Kontiki on 6/9 and Coltrane on 26/7. Engadine have increased multiple times, but are they the outlier? Kontiki built up their positions a lot in Nov 17 around 170 -180 ish. Coltrane added in Jan & Apr around 180 in Jan 160 in Apr, so they are both booking profits. Engadine on started (or started to declare) in April 18 and will have shorted around 150 ish up until mid May and since then have tripled their position at a much lower price, so they have much tighter margins if others decide to take their (much higher) profits. Without doing any further maths on it I'd reckon some of the other shorts could close out at 180 and still make money, I think Engadine would get very twitchy at 150.

WHR is looking to buy a lot of property from Hansteen (HSTN) in conjunction with a 3rd Party. This could be considered a reverse takeover due to the size of the transaction and thus the shares are suspended until it is resolved one way or the other. The suspension just means shares can't be traded - the company continues to operate as usual and can pay out dividends in the normal way. Not heard anything further about how things are proceeding and there was nothing of interest about it in Hansteen's half year report on 22 August.

The new game opened for pre-orders today at 10 am on the UK website, 175.00 boxed set. If you were in the first 1000 to order you got a free collectors coin. By 12.15 the coins had gone, so about 150k net in 2 hours isn't shabby for one trade channel in one country.

I don't think you are correct. The buyer of the rights would still have to pay the 518p on top of what they paid to acquire the rights, so they would be paying 155 plus 518 = 673p per share. They could still be selling these now at a small profit, but not "substantial".

Well timed - I had my buy limit at £27.50 so missed it by about a quid - should have had more faith :)

I've read elsewhere that Peel Hunt have updated their target price to £27.00 with a Hold rating today.

Plus the following line from the results "It would be unrealistic, if not daft, of me to promise that we can continue to grow at the rates we have reported over the last two years. I am not, however, planning to scale down our ambitions, I am just informing you of the back drop."

So people who have bought in expecting the growth to continue in a straight line may have decided to take profits. Those who are quite happy to sit back and collect the cash being generated at this level of business are adding or holding. AIMHO

Coltrane down by another 0.1% on 26/7 (500k shares)

It will happen later is the short answer, I'd expect in the next day or so. It's what mine are doing in my AJ Bell account. I don't remember the last phnx rights issue how long it took but on cpi recently it was a few days. I don't know why its not instant though.

Quilter have de-merged from Old Mutual - the combined holding hasn't necessarily changed - there's a note at the bottom of the RNS's:

"As of 29th June 2018, Old Mutual Global Investors (UK) Limited is no longer owned by Quilter Plc. As a result of this, Old Mutual Global Investors (UK) Limited will disclose its reportable positions via TR1 reporting independently of Quilter Plc. Quilter Plc has disclosed a closing position and this disclosure serves as an opening disclosure for Old Mutual Global Investors (UK) Limited."

"This notification has been made following the sale of part of our Old Mutual Global Investors (OMGI) business and will be superseded by OMGI as an entry notification in the same issuer."

Charts can be interesting and all that, but you do know it goes ex-div to the tune of 30 pence today?