Member Info for Skindle

So the bid was �2.05 and the ask �2.06, yet someone paid �2.10 per share for 2,500 shares !! Very unusual !!

Could be Thursday 25th January 2018, corresponding date to last year. Could it be �in line with expectation�, or even better �slightly above expectation�. 200 pence, formally a resistance level would appear now to be a support level. Slow slow progress but heading in the right direction.

End of January Ejackson as quoted in the half year report which I take to mean Tuesday 30th or Wednesday 31st January. Three lumpy trades today but the price has remained static so one must assume this is existing holders passing shares between themselves again.

Today has really put the block on progress (22 shares !). Disappointing end to a recent rise. I would like to take this opportunity to wish my fellow shareholders a very merry Christmas and a happy and healthy new year......and you Lspoon1 !! (Come on...you know you want to post !)

Talking about simplistic Ejackson. How about this for a simple way of looking at the first half of our financial year. Average daily group revenue - £1,241,758.24 Profit before tax per day - £44,505.47 which is equivalent to a 3.58% margin.

The share price is holding up at the moment I’m pleased to note. The next level of resistance is at 215 pence. If we can break through this level, 228 is our next resistance level. Our sudden optimism knows no bounds. A dividend ? I don’t think so but then again none of us expected quite such a good half year report as we got, so Ejackson, your tongue in cheek rhetoric may just come true sooner than we think.

The question in my mind is will the price hold above 200 pence or will it slide back again as before.

It is indeed baffling Ejackson and Columbo. On results day just over 216,000 shares changed hands and the price advanced by thirty per cent. Yesterday 5.39% of the total issued share capital changed hands and the price hardly moved, in fact today the ask price has weakened below 200 pence. As with all transactions of course, where there is a buyer, there is also a seller. In this instance one can only surmise that our larger shareholders were passing shares between themselves thereby not increasing or decreasing the number of shares held by market makers. Somebody somewhere has clearly decided that we are worth around ‘two quid’ at the moment following the release of the half year report. Quite why there wasn’t a stronger demand for the shares after such a positive report is again baffling. Were the board a little more communicative to the market the share price would undoubtedly rise, but they are not, so yet again we shareholders are left to guess what is happening.

The same thing happened on the 23rd October Columbo. At the time Lspoon1 explained the large transactions in the following way - It's difficult to understand share price movements at times. In my opinion today's transactions must either be internal (i.e. one pension fund moving a holding from one tracker to another) or it's an agreed sale direct from one shareholder to another and not through the market. There is no way that a shareholder could place a buy order at these levels and not move the price more than 2p. Sadly Lspoon1 has moved on to pastures new so we are not likely to gain superior insight into the transactions today. Lspoon1’s explanation for the transactions on the 23rd October would appear to adequately explain the transactions today.

We all have need for cash so as ever I wish you well. Multi billion pound fund Toscafund also had need of some lunch money as well so they too sold a few. The price is clearly being managed up at the moment on thin volume, long may it continue. Could see 220 pence very soon.

have upgraded their opinion from sell at 190 pence to hold at 200 pence. Here is their view :- IC View Findel shares have had a chequered history as the company fought to find its place in a changing, increasingly digital retail sector. But since Mike Ashley�s Sports Direct (SPD) took, and then raised, its stake in the company, things appear to have turned around. The stock, which exchanges hands for just nine times forward earnings, arguably trades at a discount to the wider sector. But we�re still cautious about consistency of progress here, so we only move into neutral for now. Hold. Last IC View: Sell, 190p, 27 Jun 2017 I fail to see why IC are crediting Mr Ashley of Sports Direct as the reason for the turnaround. I think I know more about Findel than IC do.

So, we learn that Toscafund have decided to reduce their exposure by 1.55% or 1,339,859 shares. Peculiar decision that, having supported the share price for so long to start selling down now that we have potentially turned the proverbial corner.

http://walbrockresearch.com/turning-point-findel-plc-share-price/

Sensible move. As I said I was worried about retracement but no sign of that at the moment. The share price suddenly looks much more resilient. I am holding for a while longer yet.

I have not come across the above mentioned broker before but they recommended yesterday to hold Findel with a price target of 200 pence. In the past two years only Cantor Fitzgerald and N + 1 Singer have offered opinions so I am interested to know why Stifel choose now to offer an opinion on Findel.

Disappointed you�ve not yet posted your thoughts following the release of the half year report. I would be interested to read your views given your significant in depth knowledge of the business. Good to see that large trade today which is equivalent to 1.735%. The iii website is showing two similarly sized transactions but at slightly differing prices. It would be very interesting to discover the identity of the new owner. I feared some re tracement of the share price this morning following such a large rise On Wednesday given we were at the 200 pence resistance point. Thankfully the price appears to be holding. Finally the corner is turned.

For our previous incumbents who as some of you will know endured harsh critisism from yours truly. While Messrs Sugden and Kowalski made some errors of judgement during their time in the chair, they did successfully block Mr Ashley from becoming our chairman. Where would we be today with Mr Ashley in our chair ? I dread to rhink !

Also now known as Upandstillin !

My opinion on this hasn’t changed. I believe that Sports Direct were waiting for the company to enter administration before making a move to buy it back out again at a significantly refuced price as its single biggest shareholder. Now that the company position appears much improved, I think Sports Direct will do nothing except maybe agree some sort of limited supply deal.

Your eyesight is not deceiving you Ejackson, you called that very accurately, well done.