The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Only 136mil shares
Low MC
£5mil contract
Recent Director buys @9p
This should be 50% up at least!!
GLA
TEKMAR GROUP PLC
("Tekmar Group" or the "Group")
New Contract Award
Tekmar Group (AIM: TGP), a leading technology and services provider for the global offshore energy markets, is pleased to announce a significant new contract award with a total value in excess of £5 million.
The contract is for the design and supply of Tekmar Group's flagship Generation 10 cable protection system (CPS) product and associated ancillaries. The CPS units will be manufactured at the Group's facility in Newton Aycliffe, United Kingdom. Tekmar Group will utilise its in-house subsea analysis capabilities and experience to support the project. The project is expected to commence in 2023 for delivery in 2024.
Alasdair Macdonald, CEO of Tekmar Group, said "This contract helps consolidate our strong position in the growing offshore wind market, and is a testament to our strong in-house engineering capabilities, which enable us to address customer's complex engineering requirements and optimise and de-risk projects. It also reflects the strength of our working relationships with project developers and key supply chain partners. We look forward to supporting our partners in successfully delivering this project."
Steve
I'm with ii too, I phoned them earlier today, there is nothing on the system to allow you to do it, you have to phone ii and give them your preferences over the phone. Think these are the options:
1. Election of Directors
01. Arthur S. Millholland
For Against
02. Massimo C. Carello
For Against
03. Harald H. Ludwig
For Against
04. John F. Cowan 05. Bob Chenery 06. Thomas D. Richardson
2. Appointment of Auditor
To appoint Ernst & Young LLP as auditor of the Company for the ensuing year and authorizing the directors to fix their remuneration.
For Withhold
3. Approval of Change Name
To approve a special resolution approving an amendment to the articles of the Company to change the name of the Company to such name as the directors of the Company, in their sole discretion, may determine and as may be acceptable to the Registrar under the Canada Business Corporations Act.
For Against
4. Approval of Consolidation of Shares
To approve a special resolution approving a consolidation of the issued and outstanding common shares on the basis of one post-consolidation common share for up to one thousand pre-consolidation common shares and in more than one consolidation, subject to the determination by the directors as to the exact number and dates of the consolidation.
For Against
https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00021327
GLA
Sells being wiped out by buying...
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
05-May-23 12:43:31 5.445 175,000 Buy* 5.25 5.50 9,529 O
05-May-23 12:40:39 5.30 40,000 Sell* 5.25 5.50 2,120 O
05-May-23 12:38:52 5.395 185,135 Buy* 5.00 5.50 9,988 O
05-May-23 12:38:51 5.35 225,000 Buy* 5.00 5.50 12.04k O
05-May-23 12:38:37 5.35 280,150 Buy* 5.00 5.50 14.99k O
05-May-23 12:38:10 5.1601 400,000 Sell* 5.00 5.50 20.64k O
05-May-23 12:30:18 5.15 50,000 Sell* 5.00 5.50 2,575 O
GLA
A lot of buys showed up as sells, everything above 5.08 is a buy in this list as dummy selling:
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
05-May-23 12:20:17 5.257 175,000 Buy* 5.00 5.25 9,200 O
05-May-23 12:17:02 5.25 275,000 Buy* 5.00 5.25 14.44k O
05-May-23 12:04:03 5.19 45,778 Buy* 5.00 5.25 2,376 O
05-May-23 12:03:59 5.19 134,644 Buy* 5.00 5.25 6,988 O
05-May-23 12:02:37 5.185 163,703 Buy* 5.00 5.25 8,488 O
05-May-23 12:02:10 5.185 163,703 Buy* 5.00 5.25 8,488 O
05-May-23 11:59:32 5.185 10,492 Buy* 5.00 5.25 544.01 O
05-May-23 11:56:57 5.10 58,589 Sell* 5.00 5.25 2,988 O
05-May-23 11:49:35 5.10 9,960 Sell* 5.00 5.25 507.96 O
05-May-23 11:45:13 5.15 193,942 Buy* 5.00 5.25 9,988 O
05-May-23 11:33:31 5.025 100,000 Sell* 5.00 5.25 5,025 O
05-May-23 11:19:38 5.10 13,171 Sell* 5.00 5.25 671.72 O
05-May-23 11:11:35 5.0845 157,105 Sell* 5.00 5.25 7,988 O
05-May-23 11:10:23 5.08 196,615 Sell* 5.00 5.25 9,988 O
05-May-23 11:09:03 5.00 50,000 Sell* 5.00 5.25 2,500 O
05-May-23 11:08:56 5.10 293,883 Sell* 5.00 5.25 14.99k O
GLA
Well Exxon have the funds to do a lot with their $$
https://www.investopedia.com/exxon-q1-fy2023-earnings-preview-7484522
GLA
Some buys showing as sells, 5.8?? probably buys, 5.7?? probably sells, as a dummy sell for 5.75.
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
27-Apr-23 09:49:37 5.807 254 Sell* 5.75 6.00 14.75 O
27-Apr-23 09:49:12 5.807 48,140 Sell* 5.75 6.00 2,795 O
27-Apr-23 09:48:51 5.807 11,622 Sell* 5.75 6.00 674.89 O
27-Apr-23 09:47:46 5.75 25,000 Sell* 5.75 6.00 1,438 O
27-Apr-23 09:47:30 5.8175 83,250 Sell* 5.75 6.00 4,843 O
27-Apr-23 09:47:08 5.75 14,302 Sell* 5.75 6.00 822.37 O
27-Apr-23 09:46:53 5.8175 515 Sell* 5.75 6.00 29.96 O
27-Apr-23 09:46:00 5.82 252 Sell* 5.75 6.00 14.67 O
27-Apr-23 09:45:18 5.825 145,000 Sell* 5.75 6.00 8,446 O
27-Apr-23 09:44:29 5.7775 15,000 Sell* 5.75 6.00 866.63 O
27-Apr-23 09:42:46 5.84 34,377 Sell* 5.75 6.00 2,008 O
27-Apr-23 09:42:29 5.85 25,500 Sell* 5.75 6.00 1,492 O
27-Apr-23 09:41:56 5.75 50,000 Sell* 5.75 6.00 2,875 O
27-Apr-23 09:41:30 5.875 54,066 Unknown* 5.75 6.00 3,176 O
27-Apr-23 09:40:34 5.9875 1,264 Buy* 5.75 6.00 75.68 O
27-Apr-23 09:40:13 5.80 20,000 Buy* 5.75 5.80 1,160 O
GLA
Well rather than say it like you did and make people sound silly, be nice and explain it a bit (or say read up on it etc), and say you can make more money this way.
There's enough crap on here between some as it is, we have all learnt a lot being in COPL, mostly things we don't want to do again, and most also down by greater than 50%, me included. Never assume people know things, it's one of the worst things anyone can do.
Take care Jamie
Duster, I get your very fine point, but at the end of the day Spreadex have them on behalfnof their client whom wanted them, shtloads of them.
Jamie, I buy and sell stocks, in simple terms, not everyone knows everything about anything like you. We are not all professionals like you that make thousands of pounds like you. I apologise for being so stupid.
Devil,
I, or the person I spoke to, did not mention anything about giving advice, or anything to do with that.
We do not know who the buyer is or anything else, all we know and what we spoke about is that Spreadex issued the TR-1 on behalf of a client, that in normal circumstances would have bought 3%+, if they thought the SP would increase, as they wouldn't buy it if they thought it would go down! Surely you get that??
It really was a simple conversation, with no client information discussed or anything complicated, just general information from the RNS issued this afternoon.
Some really are going over-board with this, I thought I'd get clarification of the TR-1 directly from them to help pi's here, without all the theories going on about anything and everything.
I really hope this clears it up, wish I hadn't of done it now.
GLA
Devil, I promise you I spoke to someone and they game me their name.
I would not make this up and no client information was ever mentioned, just in general terms of why someone would buy COPL now.
They also mentioend they would not buy themselves, only on behalf of a client.
My job includes data protection, so I know what can and can't be discussed.
Liek I said, its general info.
GLA
I did not ask about the JV Bob.
Just siimply asked the basis of the TR-1 and he explained they have to complete one everytime, they go 3% + and every 1% over thereafter, and again once it reduces by 1%+.
I asked if it was ok to mention what I wrote below on a BB and they said yes.
GLA