Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Have done a back of a napkin calculation.
The Peel Hunt trades that caused a spike realised their money back. Therefore the 5% that they (possibly) still hold they effectively got for free…quite a clever move as this is now a no loss deal for them.
I am still very suspicious of ECHO given the past, I still consider it to be very high risk. GLA
So, a few days ago I warned that this didn’t smell right, that £70000 was peanuts for peel as an investment, I suggested that all information is good for research and that ranger may have a point….what did I get? Abuse, must be bitter, etc etc,
Echo is a very dangerous high risk investment…period! Some of you owe ranger an apology.
Well, no surprise there then!
Perfect pump and dump.
Not necessarily, the brokers and MM will have “stock”.
Peel have invested approx £70,000 , that’s peanuts! Ranger has a theory, he may be correct, he may be barking up the wrong tree! But, it’s a theory worth adding to any research. Spouting on a message board things like “blue next week” “come on ECHO” are like shouting at the tv at a sporting match that you have bet on! No wonder most PI on AIM lose money. It’s like a casino, however the odds are better at a casino!!
Ranger and others may annoy some investors here, however do not dismiss their contributions just because it doesn’t fit your agenda.
Trading on aim and particularly failing aim companies is highly risky, all information, no matter good or bad, opinions, positive or negative should be considered and absorbed. It’s all part of doing your research.
My opinion on ECHO is something doesn’t smell right, I am invested here to a relative small amount and admit I am 90% down and have written it off. It’s always so tempting to top up to reduce you entry, however this vastly increases your risk and are the action of a gambler trying to bet (trade) themselves out of losses.
As I said, I smell a rat, the sp is so bad for a reason, this company has been fleeced and is on the verge of closing. I cannot see a significant turn around from what appears a dead duck! I have written off my investment but will not add any more as the risk is far too high. I suggest that those with small losses get out and move on. It’s always difficult to walk away from a loss…but there comes a time.
The spread has really narrowed now, that sometimes indicates potential for a large movement, anyone else have an opinion?
The fundamentals of this share are relatively sound, it’s got more than its fair share of haters! I am looking to enter around the 17.50, the risk is low.
Still a string buy. Recovery is looking stronger with positive news and the board now starting to look more pro active turning round the business.
Link below
https://uk.investing.com/equities/capita-group-technical
There is a large bounce across the markets here…not just CPI! I am very much positive with the business…but there may well be a pull back across the board.
Filtered out.
De ramping based on zero evidence with variable “targets” with no substance.
Appears there is quite string resistance at this level and there is consolidation going on. Hopefully the EMA will catch up and we will see a continuation of the upside in the near future, that with upcoming news next month and the Director buys pre closed period will keep the momentum upwards.
This is now looking very strong technically. Expect a continuation of the recovery.
DYOR
Link to technicals below
https://uk.investing.com/equities/capita-group-technical
When the shorts have closed.
Most just de ramp a share with no technical or research backup to cause doubt and fear. It makes money for certain institutions, work it out.
Two things, one, as reported in the times and is referred to in earlier posts not too far back should you wish to research , CPI are unlikely to be fined.
Two, they have cyber insurance that will cover any claims.
The costs already covered are for improving security.
It would be good news if they were not to be fined, however, compensation for data breach is a separate issue! More than likely that these claims would be successful, however CPI cyber insurance should in theory cover this.
This has closed above the downtrend channel, now indicating a strong buy, but caution! Early days! Need a couple more days for confirmation.
As usual DYOR, link to technicals below.
https://uk.investing.com/equities/capita-group-technical
The test of support last week @15.5 was a typical sharp dip then aggressive buy backs, it has now come back to resistance, however that resistance is not as firm as now (just) outside the down trend. This is the point where the trend will either change up or there will be a drop again testing lower lows. If you add that the board have been buying, the results are not too far away, then in a normal market it would be a reasonable risk return bet to think that this will go higher and move into an up trend. There are outside factors however, interest rates, wars, looming elections both sides of the Atlantic, it’s a difficult call to make! Personally I am holding for a longer term investment, short term it’s a gamble.
The resistance @ 15.6 has been well and truly tested, although early days we may be looking for a re test of 17.9, if that breaks the trend will change. Good luck.
Thank you for your email. I understand your frustration with the share price performance. The Board and management team remain completely focussed in terms of delivering their strategic priorities which are to accelerate revenue growth, improve profitability (underpinned by the £40m cost out programme by end of 2024) and therefor drive sustainable free cash flow. We continue to finalise our last material disposal and ofcourse have a new CEO due to join by the end of the year per the earlier announcement.
I assume you have also seen the Capita share purchases by a number of Board members.
Regards
Helen Parris
Director of Investor Relations