Borders & Southern Petro... Share Discussion Threads

[blueball] 21/10/2016 18:41

stay long.

[paulmurphy777] 21/10/2016 11:12

Buyer taking a rest to let stale bulls out

[telbap] 21/10/2016 10:45

It's gone up 100% in 3 days, always going g to pull back on profit taking, on a Friday too.

[ohisay] 21/10/2016 10:24

Well technically it was looking extremely overbought.
BOR seems to go through these spikes periodically.

[blueball] 21/10/2016 10:21

Don't worry it will recover later on today.

[shakudo] 21/10/2016 10:13

Aaaand dump!

[gunsofmarscapone] 21/10/2016 09:36

Morning, quite a few momentum type traders playing this now imo which is great yet in no way affects the longer strategy. Any T/A types confirm that back testing is occurring and that the trend is still +ve?

No rns yesterday re 'know of no reason' also auguring well.

[blueball] 21/10/2016 08:51

In vertical mode this morning.

[ajmace] 21/10/2016 08:20

Yes the 100k buys are very frequent.

[barvin] 21/10/2016 08:08

Those 100k block buys just keep coming

[phoenix equity] 21/10/2016 08:06

5p coming today !!

[christy27] 20/10/2016 23:35

RTW what do you make of this?

[whoppy] 20/10/2016 16:19

Yes it just broke. Ready for tomorrow.

[blueball] 20/10/2016 16:19

Paying 3.25p now.

[shakudo] 20/10/2016 16:08

Chris. Try speaky English. Me no understand you.

[jayrh] 20/10/2016 15:19

Chris where there's gas there's oil go back to sleep....

[blueball] 20/10/2016 15:02

Needs to break 2. 9 today to rise to 5p.

[whites123] 20/10/2016 14:56

MAYA : Mayair.

2 trades of 5000 shares go through (These are not destined for share buyback) and the result is, NMS tightens up and increase of 8% showing.

Folk... DYOR etc, but it really is a coiled spring waiting to pop.
The company has an approved mandate to buy back 10% of stock at an average price of £1.42. (£5,500,000) all stock bought below means the top price payable goes up.

MAYA : Mayair.

Very limited PI interest showing in MAYA (Mayair) still, but with just 2 small PI trades showing of £3,700 total the share price has risen some 8%.
The company has an approved mandate to spend over £5,500,000 on share buy back program. Its a squeeze of epic proportions. Do some research people... Im like an over excited kid as I have not seen this situation for many a year.

MAYA : Mayair

Close to £5,500.000 still to spend on share buy back program.
Averaged out that equates to over £1.40 per share, but all those bought lower means the upper price to pay can well exceed that marker.
Tripling of the share price is easy once stock is in demand.
Its a squeeze of epic proportions in the waiting.

And yet another RNS from MAYA showing a further share buy back.
Each and every time the rns comes out the price increases.
Yesterday just 2 purchases.
1 from a PI buying 2,500 shares and the other purchase was a share buy back by the company.

They have the mandate to buy approx a further 4 MILLION shares back.

The share price will explode...


Anyone else here excited about MAYA? (Mayair)

They want to buy back 4,247,500 shares (10%) for a maximum of £5,755,750

They have already bought back 340,000 shares for £205,611

So they still have to buy back 3,907,500 shares with £5,550,139


They can pay up to 142p (£5,550,139 / 3,907,500) to acquire the outstanding stock but for every share they buy below 142p, they can pay more than 142p to complete the buy-back, so the price should keep stepping up.

The objective of the buy back seems to be to get the share price up.

This could triple from here.

19th Oct -2016

RNS today showing they bought back more shares..
In a lightly traded stock like this they have the mandate to buy back almost 4,000,000 more.
Where will the share price be by then?
Many many multiples of todays price is my best guess.

[whoppy] 20/10/2016 14:12

If there is no reason and it begins to not reflect true values, then yes they would say they know of no reason for the sudden share price rise. However, they do have valuable assets and that value can be recognised if there is someone with cash or a deal.

[willoicc] 20/10/2016 13:51

Are they not supposed to issue an RNS when price moves like this without any apparent reason?

[whoppy] 20/10/2016 13:35

Jungle drums must be saying something for this amount of trading activity.

[adg] 20/10/2016 11:07

Chris, how can it be a pump & dump when there has been no pumping ??
Be interested to know how you figured that one out?

[chrisc168] 20/10/2016 10:39

Pump and dump.

[leedskier] 20/10/2016 09:48

It shows how far O&G shares have been knocked down over the last couple of years that notwithstanding the recent move up, the market capital of BOR is currently £10.65 million.

Cash balance at 30 June 2016 was $12.2 million.

Rather like BLVN, its market capital reflects its cash in the bank.