Member Info for Simms45

Best comment in the release was how the demand increased from the number of people setting up spare bedrooms and key workers sleeping separately to self isolate while working. This will have had a very positive impact on sales. looking forward to the 22nd when we get the update as it should set in motion a re-rate of the business market capitalisation that is negative 3.5m once you remove the cash. if the update is positive and cashburn is still at 100k a month or less then we should be a serious re-rate, in my view, to 2.5p. Depending on the forward expectations we could see Eve climbing confidenntly.

MMs will scalp you wherever they can. i did wonder who was sadly duped by MMs on the day the prospectus was published and wary some people might not have a price limit on buys. i once made a mistake buying some shares without a limit order a longtime ago. while it was not for a big amount it was for this share and i ended up paying 30% more than i expected. after that i never place a trade without a limit order just to make sure i am not scalped by the MMs. also have invested in L2 so i know exactly if my order will execute and the limit i need to put in place to get my target shares. i suspect you will never place an open order again and hopefully no one will as it open to abuse of liquidity is low.

Spare a thought for all the PIs being forced to sell today for 3.5p. that is surely a travesty and the worse scenario is you get a paper certificate of the shares in your name and then go to a specific brokerage house that will accept that. really incredible and not sure the legality of the MMs action. Will be happy to see tomorrow but all PIs will be in the dark probably for quite sometime before they will be able to see their shares again.

HK was 9.6 times oversubscribed. main investors locked in until middle of 2021 and this was an interesting and repeated paragraph

"Assuming that all Shares listed on AIM (excluding those Shares held by Tewin
Capital, Tonzest Capital, Best Full, Kapok Capital Management Limited, Jojo and
Mr. Richard Antony Bennett, for details of their shareholdings, please refer to the
Prospectus) are being held by one individual, the shareholding of the Company
will be highly concentrated at approximately 95.59% for the top 25 Shareholders
upon completion of the Global Offering. In view of such high concentration of
shareholding in a small number of Shareholders, Shareholders and prospective
investors should be aware that the price of the Shares could move substantially even
with a small number of Shares traded, and should exercise extreme caution when
dealing in the Shares."

allotment results are an interesting read
https://www1.hkexnews.hk/listedco/listconews/sehk/2020/0714/2020071400104.htm

So we have raised £11.5m cash, removed debt, have a boatload of orders in the pipeline and profit growth of 50% and presumably news releases to boot. and did i mention increased shareprice to 10.2p. That is a pretty nice place to be for any investor. With the growth in demand for Ethanol within fuel rising globally to help clean up the air and this is set to rise from 5%-10% in China we are surely at the start of growth globally. There is also the potential Covid kick as Ethanol is the main ingredient in Hand sanitiser so although CNEL does not talk about that i am sure its customers are looking at this growth market as a litre of hand sanitiser must be a lot more valuable than a litre of fuel. What is not to like.

You might be right about trying to tarnish the brand and name of EQT and slow them down in the sales pipeline, at least in the US but this could radically backfire on aires as if they lose or backdown then the compensation claim from EQT will be big. Aires are taking a risk on this.

Share price is being walked around on a lead by tiny volumes from this bot trading going on. pis who need to sell are being rinsed by the spread. Will be glad when Spreadex are out of shares but short-term traders beware as that spread is too wide but just as quickly as a share falls in this way it can also rise. it feels like nerves before a big annoucement to me.

MMs robbing pis who might have not yet sold. Terrible shame and goodbye AIM, hello Hang Seng :)

Ask will rapidly move to 1.6 in next few minutes and then we will see if we are not pulled back. Looks another good push today.

Glad you pointed that out. Had me panicked for a second in my rush.
So they are now well below 94,116,382 and last few weeks they have been a background seller. Hopefully another RNS will come out soon but when they are out things will get very interesting.

check historic Holding RNS and you will see Spreadex are down to their last 1.8bn shares in Kefi from more than 2.5bn.

https://www.lse.co.uk/rns/KEFI/holdings-in-company-pa43pe33328h5fl.html

They are one of the largest shareholders. Normally when you see Hargreaves Lansdown as a major holder it is because they are holding shares for their clients so this is total holding of all clients. However as Spreadex does not allow users to hold shares, and only take leveaged bets on price rises or falls Spreadex itself can go into the market to buy the underlying stock to hedge itself. imagine if you were Spreadex and had someone making a huge profit it would make sense to drive the price up or down, perhaps trigger a margin call and so on. sounds far fetched but when you look at what is going on it would be interesting to know what other plausible reasons for all this odd behaviour, bot trading, 100% more buys than sells but price falls. This is my first investment where something is odd and not explained by normal trading patterns. someone is holding the price down and often at a loss. today 3.5m shares were dropped at 1.38p and were gone in 5 minutes. The bid rose above this so those who bought at this price were quids in almost immediately. anyway i will not mention this anymore as it must be tiring this BB out :) Time to wait it out and one day Spreadex will have sold all their holding. would like to delve into when they acquired these as it must be years ago.

That i what i always thought also but to create a spreadbet market you need a counterparty. if someone wants to go long on Kefi someone has to be the counterparty and go short or there is no market. However Spreadex has currently 5% of Kefi and was at 7% of Kefi only a month ago. as far as i know they have not been part of any fund raise? Therefore somehow they acquired a huge number of shares. If Spreadex has let someone have a leverage bet on Kefi on its platform and then Spreadex has at some point bought 7% of Kefi that was a multimillion investment by Spreadex and the spreadbetter would have been seriously leveraged so who is that? I did some research and Spreadex can become the counterparty to the trade. it looks at the level of the bet being placed and if it thinks it knows better will become the counterparty. if you monitor level 2 Kefi is like no other. you can see someone trying to hold the price down and then walk it down and taking the wind out of the sails. look at all the bot trading where trades are at a loss with exact buys and sells. there is severe manipulation but we know Spreadex has offloaded 2% of the entire share capital of Kefi in last few months and it has 5% left. Something is very odd if you ask me and why 4 months ago when i first came across Kefi i could not believe how low the valuation was and i could technically buy as many shares as i liked and it did not move the dial, not one bit. The share has been significantly affected and there is no sense to imagine Kefi is only worth £24m, its worth easily double that to start with and it would be this value if someone was not pushing the price down and selling aggressively when prices rise by more than 10% when it triggers the selling. Ultimately investors will pile in and if they plan to sell the whole 5% i guess that will be bought. this stock is going to explode and just need to wait in the wings to let the opera playout.

wow. they sold out fast. Spreadex added 3.5m at 1.4p and they were gone in 5 minutes. I know as i was buying and ended up not adding as many as i would have liked. they might drop another block shortly.

Happy to top up at these levels. Spreadex are seriously desperate continually adding more shares at any price they can today. Buy as many as you like as 1.339. Tomorrow if an RNS comes out we will be somewhere very north of that price :)

Yes. There is an aggressive seller happy to offload decent quantities at 1.5p or a bit below. Good time to take advantage for those looking for more sizeable transactions that will be difficult to come by once this seller has gone 3.7m at 1.5.

1.5 3,700,000 15:41
1.58 1,500 14:30
1.6 88,630 14:46
1.6 300,000 SCAP 15:14

It is frustrating. Bought value is double the sold value but we are down? happened so many times.
Sold Value £255.73k
Bought Value £458.71k
a lot of this is bot trading where spreadex or someone is buying and selling to themselves as they own both the bid and ASK. the other MMs are not in the picture. Will continue to battle against this tide but it will change dramatically and best of all it means it is not too late to get on board as my view is we should have been 2p 3 months ago before any of the recent updates and with all these recent updates a good deal ahead of this. However Spreadex are up to something as only they can place losing trades because they are buyer and seller. hopefully an RNS soon Spreadex have lowered their holding further.

looks like Spreadex are back walking the shareprice down with their bot trading and then parking large numbers of shares at increasingly low prices. i am sure they are counterparty to a long trade on their platform and they are losing. I also think they paying for the losses they incur by selling and buying and pocketing the difference in the spread. This has happened many times and why the stock has been aggressively held down. The only way is not to sell and aggressively buy as ultimately whoever this is cannot hold down the shareprice forwever, although they had 5% of Kefi down from 7% not so long ago so offloading as we go

.5 1,400,000 14:51
1.56 800,000 14:23
1.58 1,500 14:30
1.6 1,500,000 14:11
1.6 88,630 14:46
1.65 300,000 WINS 14:24
1.65 300,000 SCAP 14:49

Classic they know they are out classed by Eqtec so they try to slow down the competition. Will be interesting how quickly it can be resolved but timing was very off frankly. £10m raise and then this. Institutions will be questioning DP about this one but one small silver lining is a new low share price that could be a great buy in price. I went from substantial gain to loss but i sense medium term and news on projects in Europe will see a reversal. DP needs to get his skates on and push hard this month to make things happen.

Lawsuits are dime a dozen in US. Its all spurious and you can patent almost anything and spend a few quid to hit a company in the hope they will pay you off or buy you out or more likely short a stock and make a fortune knowing any mention of litigation, however unlikely will make you a fortune. Obviously for DP to state such a strong rebuttal is good news and likely patent infringment will to knocked back. Hopefully we can get the name and understand their motivation.