Member Info for thinksmart

I can't get a quote to buy and we appear to have a red flag on auction - interesting!

...that blatant ramps actually come acrosss as desperate. I read (I think it was in the Naked Trader but not sure) that its advisable not to buy shares in companies where the bulletin boards for the share are full of desperate ramps, and I've seen other people express the same view. Empty optimism with no substance is counter productive. I DO bother to post on this board but always honest balanced views, which are then always immediately countered with a full on ramp. It was part of the reason I sold my final batch of shares in the end - put ssimply, ramps make me want to sell. I do believe SHFT is an excellent share and that it will very likely progress rapidly once we get some good news, and I'm worried that if I'm not careful I may miss that boat. It can be a dangerous game waiting on a retrace for the best buy in price. But I'm not convinced that a dividend announcement will trigger the turn around (unless its either exceptionally good or accompanied by other good news), and I'm not sure they will RNS a payment received, or that receiving a payment should trigger buys. The presentations may well get some people interested and we may see some of that today - but who knows. SHFT has been very good to me so far - its the only share that I've managed to buy into and sell out again at a decent profit 3 out of 3 times. I'm hoping to continue that streak if a strong buying opportunity arises and the SP doesn't boom up first without me. Useful and informative posts on the other hand are always great.

Quoted 72.95p to buy the EMS. If it retraces a bit more I'll probably buy back in. Sold my remaining tranche of shares in the end at 74p

I don't know but I would imagine the number of shares will be restructured. The only info I've found on this is a post on another site's bulletin boards from someone called "repanco" saying:- "repanco 13:48:59 10/07/2012 Some good news at last. 100% of 4 licences to be acquired from Oman for £1million New Company to be called Alpay Energy Plc Fatih Alpay will own 54%, existing shareholders 20.70% and new money would have 24.9% Roadshows are current, ending on Friday. Book building to raise $30million from July 21st - July 27th. Admission on AIM 23rd August!" Where did you hear about Alpay? Do you have a link to your info?

You could well be right, and I'm sure if and when we get an RNS announcing a new contract then interest and the SP will both pick up, but not sure how you can be so sure it will be this month. It might well be but equally could be weeks or months away. The share may be a bargain in your opinion, but let's be honest, it was actually a bargain a month ago when it dropped below 60p. I suspect the share is priced about right at the moment given its lack of movement. Hopefully good news will change that. I'd be happy to see movement either way as I'm poised to buy back in if it drops back, but still have a remaining tranche of shares if it goes up. With the dividend still close to 2 months away, and as yet unannounced, and unless there's news its reasonable to expect a slight retrace in the short term and there's no reason to panic about that.

great news - do you have a link you can share to the news?

I can't see any transactions yet today. What are you seeing that I'm not? I think its just that the MMs have upped the Ask (but not the bid) so I wouldn't really call it blue. More concerned that no-one appears to be remotely interested in trading this share at the moment. Only MMs showing on Level 2 - no Direct Access PIs in the orderbook.

What happened to the 2 posts by someone new? Can't remember her name but they were here a few mins ago. A lot of posts seem to be being censored lately.

Confused.com lol I'm not much clearer. So we should get an interim dividend in September. But last year the Ex-Divi date for the interim divi was September right? Probably paid sometime in October I guess? Any reason to think it would be earlier this year? So plenty of time yet to inform us of the date I'd have thought? I think its anyone's guess what the interim divi will be this time but if its to be 13.5% (total divi for the year) it will need to be more than 7.2p (total for the year) based on today's SP. 13.5% of 75.75p (as I write) would be around 10.23p (total for the year) I think we just have to wait and see.

I'm still trying to understand this dividend business. Wondering where you got the 2.4p figure from for the next dividend? I thought last year the Ex-Dividend Date was early to mid September?

When's the Ex-Dividend Date? I thought it was a couple of months away yet? Has the amount been announced?

Am I all on my own in this one? Nice day today on the back of no news, and not much of a sell of at end of day by the day traders. And then a nice £14k buy after hours to tick up the SP a little further. No idea what's going on but hopefully bodes well for tomorrow. Fingers crossed and good luck to anyone else in this one.

Couldn't get a quote to sell 6k shares. 74.2 to sell 4k 75.4p to buy £900 worth (all the spare cash I've got in my ISA) So MMs will take shares at close t the Bid but will sell us shares at well below the mid point No sign of them collecting shares there then - I guess they've bought enough and are well loaded and waiting to see what happens next

This site LSE.co.uk is reporting SHFT with a red background against Auction on level 2 (value 0). Does this mean we're in Auction? Not a lot of movement evident so it would be surprising unless something is about to break.

You may be right and I hope you are as still have plenty in here. But I think you're wrong to say the ask won't drop without bad news so I'm hedging my bets and holding some cash ready to buy back in if there's an opportunity or buy something else if value presents itself. So far this is one of very few shares that's always been good to me and this way I'm making sure that's still the case as banked a nice little profit. Hopefully more to come from SHFT over the coming days or weeks.

whoever sold at 73p was robbed!

Maybe, hope you're right. I just top-sliced at 74.8 to get some upside out of whichever way it moves tomorrow

MMs seem pretty desperate for shares - they offered me 74.8 for 9000 - that's over the current midpoint and for more then twice the market share

Forgive my ignornace but are Weir Grp and Wood Grp connected or did you just get the wrong BB?

As expected some sells offs first thing probably by people who having got in early and got the dividend too are in profit so decided to get out, plus a few people who on seeing the drop panicked and sold or hit a badly set stop loss. Since then again as expected people have been buying in on the dip and we're currently back to about where we should be. Hopefully the buying can continue but time will tell - harder to predict from here.