Member Info for skill58

Out on 22 Feb. I expect them to be good. This company's in a good market place and seems to be offering what the customer wants

In the last three months the ftse all share index has fallen by 10% GLE has risen by 20%

Directors can't sell. May contribute to price rising.

Have we been tipped somewhere?

Announced on Feb 22. I'm expecting good news.

Citywire article. David Kempton tips Gleeson in his top two stocks for 2016.

Some very large sell trades showing yesterday. But, who's buying them? And today the price seems to be moving up again

Maybe the director has stopped selling!

I'm not sure why it doesn't seem to move with the market but your reasoning seems likely. I think Chris Mills is carefull to attain sales when there is demand for the stock so the price is not effected. As I've indicated before I don't see his sales in a negative light.

Trade date was 18 Dec 67,000 sold. Gleeson doesn't usually move in line with the market

But the price is holding up. There must be buys to match his sales for this to happen. He is using this opportunity to sell some of his substantial holding imo.

David Kempton has tipped Gleeson in his stocks for 2016.

When I first purchased shares in Gleeson it amounted to 5% of my portfolio. If I sell no shares it could now amount to 25% of my portfolio. I would regard this as massively over exposed, so have sold some. Chris Mills may also think likewise. If you think he is selling because he has special knowledge about the company, then that is not consistent with his previous sales, such as the sale of 160,000 shares on 2 March this year at a price of £3.60. The price has increased 50% since that sale!

Correct. So what is the relevance of that?

The director may now have shares of 5 times the initial value, he is likely to see this as over exposed to this company irrespective of where he thinks the share price is heading. On March 22 he sold 160,000 shares at £3.60. On 22 June he sold 1000,000 at £4.40. My own holding is now almost 5 times its original value, so the same principal applies for myself!

I don't think this is his reason for selling. He has probably bought at a price of around £1 and maybe less. He also has exposure to this stock via a fund, NAS. So it would be prudent for him to reduce his exposure

Many substantial buys yesterday.

SHare price is beating the ftse all share index by 11.5% since its issue. Quite good I feel!

Not finished yet!

Good medium/long term play imho. Still has much in its favour. And just look at the share price graph!