Conroy Diamonds & Gold Share Discussion Threads

[catswhiskas] 06/1/2011 21:32

I have it on very good authority that topinfo double6 and moreforus bought all the shares yesterday spent all last night ramping them accross the globe and dumped them today for a 0.5p profit !!

L L

[mr_dross] 06/1/2011 16:00

cats .. so who do you think the buyer could be ?

[cammy3] 06/1/2011 15:59

No dividends here just multi bagger

[yorgi] 06/1/2011 15:56

Wrong thread Beau !

[beaubally2] 06/1/2011 15:43

not intented to ramp


Israel based billing services minnow FTS has rewarded its shareholders with a massive 16p a share dividend payout - a yield equivalent to a mouthwatering 50%. Last month FTS sold its US subsidiary to PAETEC Software for a chunky $13m so the windfall is effectively being passed on to investors.

AIM quoted FTS or Formula Telecom Solutions has been a major disappointment since joining the market in 2005 following a £4.2m placing at 120p. A profit warning was issued the following year due to delays encountered in signing up bid proposals.

The main business is the sale of next generation charging, billing and customer care software to communications providers. By using the software clients can understand their own customers needs by focusing on areas such as customer retention and revenue growth. In the six months to June sales edged ahead 5 per cent to $10.4m as a hike in administration costs and a goodwill write-off led to a $2.1m loss ($71,000 profit).

The sale in the US was of a business that was set up in 1991 as Daleen Technologies but in the year to December 2009 achieved sales of $7.9m and a profit before tax of $1.5m. Having rallied over the last month the shares are currently trading at 32p valuing FTS at a shade over £10m. Its not the first time FTS has paid a chunky dividend - last year it paid out 8p a share.

The 16p dividend is before Israeli holding tax of 20 per cent, the shares go ex-dividend on 12 January with payment scheduled for 28 January. Management should be applauded for the sale and payout - others sitting on unutilised cash piles should take heed.

[yorgi] 06/1/2011 15:39

Agreed Cats

[catswhiskas] 06/1/2011 15:30

Well the buyer is someone with money and no one throws millions at an AIM tiddler helping a fund out with a 50% profit on 50 million shares without due dilligence .Im hoping the buyer is a JV partner to take this project forward and Im wondering if we are going to get a big RNS from the Professor tomorrow with all the news of the deal ,if it had been a straight transfer from one fund to another we would have heard by now as weve already heard from the seller.

[yorgi] 06/1/2011 15:19

You could well be right Cats :-) I'm not going to be shaken out anyway but if they drop in enough will add

[catswhiskas] 06/1/2011 15:10

yorgi the buyer is still there with a limit order in.Thats why the mms are shaking the tree today to get as may shares as they can for the buyer .

[spud brown] 06/1/2011 15:10

i think the mms have kept the bid low to try to panic yesterdays buyers into selling because they want shares for this tomorrow when it flys

[yorgi] 06/1/2011 15:06

Yes I tend to agree with Granada I don't think it will be Rio or BHP as surely they would have bid for the lot by now or as Granada say we would have seen large volume as they bought up more.

But WTFDIK

[granada7] 06/1/2011 15:03

cat

if the buyer was rio, i think the volume today would have gone through the roof too.

[catswhiskas] 06/1/2011 15:01

Heading for a Blue Finish imo leaving Punch Drunk Sellers hoping the RNS tomorrow doesnt say the buyer is Rio Tinto or BHP !

LOL

[unclebob31] 06/1/2011 14:54

Looks like cats called it right.... time will tell

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CatsWhiskas - 6 Jan'11 - 10:26 - 2725 of 2751

Granada7 buyers will be back before the close and the mms will hike it back up as tomorrow will be RNS Day .

[cammy3] 06/1/2011 14:42

Scott - the buyer yesterday swept up all of kenglos shares and every other shareholder who wanted 7p. They are very serious IMO and may hold a lot more shares on top of the Kenglo stake. We may find out by close of play who the purchaser is.

[hope67] 06/1/2011 14:39

Will be interesting to see who did buy all those shares hopefully rns tomorrow

[yorgi] 06/1/2011 14:34

The sixty dollar question that Lucky.......but my guess is someone who knows the value/potential of this company

[lucky5] 06/1/2011 14:30

Who bought all those shares yesterday then?

[scott84] 06/1/2011 14:14

hmm another suspcious name ramping with rubbish posts !

As for Fts, you have just 2 mm's one with 4p spread and one with
a 5p spread and a 5k nms, the ideal recipe to get trapped your hard
earned.

The7p bid is still providing support here.

[beaubally2] 06/1/2011 14:10

have a look at fts guys dyor

[the railwaymen] 06/1/2011 13:56

tomorrow it is then...

[beaubally2] 06/1/2011 12:22

Would like to see this above 8.5 today before news to-morrow and then ????????

[yorgi] 06/1/2011 11:30

Yes but it is nice when it works on "stop watch" timescales Odvod :-)

[granada7] 06/1/2011 11:27

odvod

brilliant reeply lol

[odvod] 06/1/2011 11:24

you are new here cats - read back posts and you will see that I am measuring time at this stock with a calendar not with a stop wathch as some do