Member Info for tiltonboy

Snuck away for a long weekend break, so no access to who's doing what. A big maybe, but perhaps the loose stock is finally being sorted. I agree with KaChing that a nice contract announcement would go down well while there is a bit of forward momentum.

Just had a look at the RSP quotes: 12.9 bid for 50k - 13.4 offered in 25k.

Good news. Over the last two years, 14p has been the resistance level, and a level at which I was going to sell....but didn't, as there was no real liquidity. Subject to liquidity, I will be selling at 14p, and on incremental rises, if they get there.

lol...I wouldn't trust what WIRE say anyway, and the fact that they remain on the offer despite the bid moving up would suggest that they know to find stock if they want it. You are correct in your assumption of stale bulls coming to their aid, but having made markets in PEG for all this time, perhaps they also expect this to happen, except at some stage, the sellers may be finished at these levels, but one thing is certain is that there will be more sellers at slightly higher levels. I can say that with some confidence, because I will be one of them!

Just spoken to WIRE and they are only offering 25k, and haven't really played recently. He seemed pretty relaxed being on the offer.

"Our strong opening order book together with recently received orders provides GBP11 million of revenues that are presently scheduled for delivery in 2016. With new projects still under discussion, the board is confident that the Group is well positioned to achieve another good year's performance in 2016." This would suggest it has.

Why would they want to manipulate the price; nobody is particularly interested and who would benefit. There is stock around, and the market makers know where to find it. What is the point of marking the price up on a paltry buy, if they know they stand a good chance at getting them back without increasing the bid. It just doesn't make sense. The real reason they appear to be lowly priced is simple...their history. Both the business, and the directors have a good track record in letting shareholders down, and re-gaining their confidence can be a long, drawn-out affair. All three arms of the business look to be in growth areas, but they lack critical mass. They won't get a re-rating if they continually chug along at £15-20m of turnover. There is more visibility now than there has been, but ask yourself a question...if it's so cheap, why aren't the directors buying up all the loose stock? If they were seen to be buying a decent slug, you might find others will follow them, and then you will get your re-rating. You can bet once that happens, and there is no stock around, the MM's will move the price around. Fully diluted, and applying a standard tax charge, the shares are probably a couple of coppers undervalued IMHO.

It will be interesting to see what happens now. The price in India has firmed up this morning, and I believe we now stand a remote chance of something positive happening. It would be nice to get a statement from the new directors on what they are going to do to restore shareholder value.

There's no manipulation going on. There are five MM's who each make their own prices, two of which have a penny spread, and the other three have a 1.5p spread. The "touch" changes as various MM's move their prices around. What isn't always apparent is that a MM might be aware of potential buyers or sellers, and move their prices around on the back of that. There has been stock around for a couple of years, and even though a good proportion has been mopped up, there is more in the background.

mick, The problem is, there is stock around in the background, hence there is no point marking it up, as they get hit by stock. I picked up another 80k last week without any problem. There has been stock around for a couple of years, and that is after a couple of tiny instis picked up a chunk. It's about time the Directors started giving some direction by buying their own shares, rather than helping themselves to more options. In theory the shares are cheap, but there is far too much history that needs to come out of the system.

I have added a few this morning following the fall.

It mentions talking to another NOMAD in the past tense. Hopefully they can get something sorted...but who is driving the process!

...lol...After months of not receiving a call, I have had one this evening from somebody wishing to buy my Henderson Morley shares. Managed to keep him talking for 8 minutes and 38 seconds before he put the phone down on me, but as I was just about to go out, I did rather cut to the chase a bit early.

They will eventually ask you to send them a payment so the deal can go through, except there is no takeover! I usually keep them talking for ages, and then refuse to give them my e-mail address.

They were never going to list on NASDAQ, it was just all part of the charade.

Don't you just love people who make random posts, and then disappear! Thought we might have had a trading statement by now.

Go on then....are you going to enlighten us?

no

I just hope the "concert party" know what they are doing, and are prepared to fight for their, and our, investment. This must rank up with the very best in the "shambolic" stakes!

No need for the childish address! FYI I own nearly 2% of the equity, and I am flattered that you think I have enough power to move the share price. I come on here to discuss salient points, rather than make pointless one-line ramps. As I have said before it is your prerogative to disagree with my views, but at least add some value to the discussion yourself before criticising others.