Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Just bought £3K on Halifax - try again guys - 7p paid
Big changes on the buy and sell figures - someone loading up maybe for a takeover bid ?
GL all
Tried a dummy buy on Halifax for just £1K - NT only - might be in auction - I doubt the SP is moving too fast
Over the last 50 years of stock market gambling I have been in this situation many times - logic says this SP is far too low - but MMs set the SP so it's a gamble whether it will go back up or settle at about this level until we get a RNS from the new BOD to send us up again. Holding on is the best policy IMO as I cannot see HUR going out of business but a buyout seems likely at these low SPs
Regards and GL all with your own plans
I am not an oil man but have good friends who were tops in O&G industries but are now retired. It may be possible to cap the second well at a higher level to the water ingress point and thereby produce a clean flow of oil albeit at a lower flow rate ? Just a thought which may be being considered by the new BOD
Regards all - keep the loony ideas coming - it stops me looking at the latest SP
NMH19 - I think the sells were about 2 million more than the buys earlier on but the diff has dropped rapidly - hope the SP responds !
Regards
Crazy posts help to ease the boredom of watching SP paint dry !
Another blood bath day - presumably waiting for the Yanks to finish their 2 day meeting - if the news is good our FTSE SP should rise tomorrow. HUR is the best performer today on my long watchlist - most down by 8% to 15%
Still being held about 8p - it will not move up without some good news to trigger the release from the 8p corridoe IMO
The only opinion that matters in the SM is the Market Mafia one - they have decided that HUR is worth only 8p so here we stay till the new BOD can provide the market with a good reason to raise the SP. I hope that the new BOD can produce much better RNSs than the last lot which consistently gave the "Kiss of Death" to the SP. An old adage - "if you have nothing good to say it is best to say nothing". Given a little while I hope to see our SP rise significantly - all the basic facts are there for an upgrade but no more KOD RNSs please !
Seems to be a glass ceiling at about 8.3p - once through that we should do well - present SP is 86% down on the 52 week high - only way now is up IMO
And add 3.5 PE - very low and narrow spread between buy and sell prices. Many punters are caught out selling when the spread is anything up to 30% on small companies.
GL all
Isn't BP selling off its North Sea assets to PMO at firesale prices ? I doubt that BP will want HUR and Shell is pulling out of oil to concentrate on gas - but there are lots of hedge funds and background buyers around looking for a safe home for excess cash - so who knows ? In a SM where companies like AIG - Hotels Int - TUI and Carnival have seen their SPs leap upward despite no passengers or holiday makers I have ceased to apply business logic to the SMs - the Yank SMs hit their highest level ever yesterday despite the raging CV pandemic and other US chaos ! We live in a chaotic world now so anything goes
easyp - fully agree with your views - the new BOD will need a while to get its business plan and supporting financial plan up and running so the SP may just go sideways for a few weeks - however - if a RNS pops up with a takeover offer or other good news the SP will rocket upwards. I am holding for 2020 at least in the hope that 6p is tha absolute floor under the SP and with the rising POO price our output of 10K to 12K BOPD is a big chunk of money coming in.
Regards
Diego - I agree - they could not do worse than the old BOD. The SP graph over the last few years looks like a cross section of the Himalayas - either this is one of the most manipulated SPs in the market or the firm is jinxed. A few years ago I put £20K into HUR and lost £2K in just 2 days - and I swore I would never again invest in HUR - however i could not resist 8p for a SP and I now hold about 80K shares - not too much to lose this time if the SP crashes another 10%
Regards and GL with your own plans
Broker ratings last week 30p - they are really good at their job - LOL
Patience is the key - July will see the big reopening and SP rises = SP ups and downs from now should be ignored - maybe buy more on the big dips ?
Business report in the Daily Torygraph today - govt getting worried by all the after hours trading between IIs and BODs which cut out the private investor and manipulate the SP. We are being held at the mo around 50p - until the dam breaks we will not see a steady reliable rise in our SP.
Further to the "dark plot" of no Q report I can suggest that due to lockdown the independent auditors could not peruse the Prime Books of Account for CARD and rhousands of other smal and large companies so we may get the half year report or that may also be delayed ! No secret squirell plots here IMO
Regards all
PS - why do the travel firms not organise old people only flights to sunny holiday destinations - my wife and I have been in isolation for 10 weeks now with no end in sight and would be happy to fly to the sun and to have 14 days lockdown on return
nogood - I may be wrong but I believe that the govt no longer requires Q reports as they do more harm than good. Looking across some other big companies i notice that they also do not have dates for Q reports.
I was disappointed yesterday that the SPs of all the other companies on my watch list were up by between 8% and 20% but CARD only managed 2.45% I am hoping that next week will be catch up time
GL with your own plans