Member Info for sheltie

Is the next FTSE review date and we (baring a cataclysmic disaster!) will be on the list of new entrants to the FTSE250 Index. All good :)

I have a feeling that it’s 5% before the market must be informed. Up until then a person or institution can buy and remain unknown. However, a great day either way and today we will see. I still think they were being super cautious in the results and just covering themselves (just in case), as they did six months ago in their last set of stonking results! ATB

Many I suspect are buying for their pensions, so are not in for the quick buy/sell trading game. Irrespective, a lot of this is the major Fund Managers buying into the drop and they will certainly not be buying, to sell, to then re-buy etc. The remainder of 2018 promises to be very profitable imo. ATB

see what I mean about the dividend hunters coming back in?! Many will stay around too in my opinion, as this company has a long way to go yet. ATB and have a good day folks.

my sentiments entirely Ivy. In fact (along with Invesco) we work with M&G every day of the week and they're a good, well considered outfit. .better them then Aviva any day. ATB

E voila! Happy with that, but can we hold on to it? History tells us no; but hopefully we have grown up a bit now and positive sentiment will stay with us. AIM is a fickle beast indeed, but I reckon we can go another +20% to +30% between now and the end of the year. . . .

Currently up 9.75% in New York.

You are the only person I know who, when asked to count from one to ten, starts with 42p!

Hi Ivy. Yes , for me I see this as the 'clock now ticking down'. As I have written here before numerous times, I never expected today's news to provide very much uplift so a 1p / 2p increase will be fine by me. I would prefer much more obviously, but I just don't expect it. So, six months and counting. 40p by year end and again I will take it as this share does tend to struggle to hold its gains. £1 next year? Very high probability; that's next year folks not March!! As ever, I write what I feel to be correct and truthful / pragmatic and not to stimulate or excite a person(s) to sell, buy or hold. ATB

yes Ivy, I Devi Italy agree!

Jay_P - personally I think you will see less day trading than we had before. This had become WAY too easy to trade.They will always be there of course, but at this point folk will be taking positions to become sticky holders in my opinuion. ATB

IG how about 8%?

That’s the most animated we have ever seen you Ivy! Great News. Have a good day folks, it will be interesting to see how this week pans out....ATB

CHEQUEMATE I do appreciate that shares fall on the ex- divi date. Basically, by the amount of cash that they are paying out. However, my point was more that many of these people buying back in will become sticky holders again rather than buying for the divi only to then sell again on record date. Time will tell but yesterday was crazy. This week will be volatile but best to look at this by the month and not the hour; until it ceases to behave like an AIM share and more like a main constituent of the FTSE Index. Now that the results are done, I will give this share some air, to do it’s thing. ATB

100% agree. Today’s RNS certainly had a sense of deja-vu about it. I thought to myself, “this slightly hedged commentary” sounds very familiar. Talk about “managing (dumbing down) market expectation”. This will do well by the year end for certain.

It is one of THE most extraudinary reactions I have ever seen to a great set of results. Just look at all the after hours buying. Personally, I am just going to sit it out as today was plain silly. More AIM than FTSE by a huge margin. You can be sure that the Fund Managers made hay today. If you can, then sit it out and think October......ATB

Incredible. We are back below 13 with our PE. For a company with today’s results, it’s bordering on laughable! Today’s sellers now have very little time to buy back in, to get the dividend which is great. It’s going to be a fun week. Love it.

OK fair enough. Approval, for me at least, is THE catalyst not acceptance; but we will find out very very soon now, so we will see! Have a good evening. . . .

IG I am honestly not being facetious when I ask this. Honestly. My question is this: Why does “thanks for the pack we will get back to you in six months with a decision” qualify for a re-rate? I just don’t understand why it would, as effectively, nothing has changed in any way has it? Am I missing something here? Also why would an offer come in before next February? We still will not have any kind of commercial product to take to market, so who would be mad enough to risk buying MTFB for at least a quarter of a billion pounds, on that basis? For me it will all happen once we have been given the final thumbs up next year and have a product to sell as, until then, we are simply in yet another holding pattern are we not? What am I missing here!?!

Today Berenberg Bank also increases its Target Price. This time from £15.40p to £26.90p!! Somebody has to be right here. Never judge a share on a day of random trading. Personally, as I mentioned before, this could be a very volatile week. Going to sit on these and take my £2,100 dividend as well.