Medica Share Discussion Threads

[chancer6] 11/1/2008 08:05

Again up 10% on just a 37K buy???...some corporate action afoot..too obvious imo.

[chancer6] 11/1/2008 08:04

0.50-0.60p, L2 is 2 v 2. WINS & HOOD on 0.60p, then KBC & SCAP on 0.65, and EVO on 0.70p.

[chancer6] 11/1/2008 08:03

Early Movement...0.5-0.55p, L2 is 1 v 1.

[chancer6] 11/1/2008 07:55

Good Morning All...

[chancer6] 10/1/2008 17:53

Unless some acquisition news is coming which the company has already talked about and that would be paid with the issue of shares at the ord of 1p. The 1 million financing this time last year was also at the ord of 1p. They've just paid their vendors 1 and 2p in shares as well so a distinct possibility imo. If there were going to do any kind of re-organisation of the ord for an acquisition then they would NOT have just paid their vendors 1 and 2p. The below reply again from the chairman the other week:


I have received your e mail and note your comments particularly in relation to the website. You will appreciate that as a public listed company no announcements are made unless to all shareholders. When there is any price sensitive information then the Board will issue a statement through the stock exchange. Other than that we only issue half year and final results statements as is normal practice. Clearly an update will be circulated with the annual report and accounts and I would hope that you will be patient and wait for that.
I can however assure you that the Board are united in our efforts to achieve value for our shareholders.
Best regards
George Kynoch

Current trading and prospects

The Group has incurred losses since 31 March 2007, due to the continued low
level of SMPA's investment and agency side of the business, following the
deferral or loss of a number of key projects. However, the future sales pipeline
has strengthened during June and is now showing the potential for much more
encouraging levels of future sales. The Group's overhead cost base is being
constantly monitored and further significant cost cutting measures are currently
being implemented.

Whilst there remains many challenges to overcome in the months ahead, your
Directors believe there are good growth opportunities in SMPA's marketplace and
therefore remain focused on building the business, both organically and through
acquisition.

[gantenbrink] 10/1/2008 17:42

Without doubt they are restricting trading which begs the question - why? The MM's by definition make money by making markets - they appear not to want to make too much of a market here at present which for me bodes well.

[chancer6] 10/1/2008 17:26

On the verge of breaking the down trend if the price rises over 0.50p and then next resistance point at around 0.80-0.90p.

[harki] 10/1/2008 16:38

l2 2v2 130k buy

[chancer6] 10/1/2008 16:37

Thanks for that.

138,000 at 0.54p is v.encouraging....new highest size buy in a long while.

[safman] 10/1/2008 16:34

chancer, i do not deal with L2.. only for medium -long term investing.. last trade i have on my screen 138K @ .54..

saffy..

[chancer6] 10/1/2008 16:31

L2 not working...what was the last trade Saffy and how did L2 finish?

[safman] 10/1/2008 16:22

also, bear in mind the credit crunch, will there be more or less opportunities for cash shell and will we see more RTOs than before..( less IPOs in the current climate)

..

saffy..

[chancer6] 10/1/2008 16:21

Staying well clear of retailers at the mo...was tempted to buy some Jessops but too risky.

[safman] 10/1/2008 16:19

yep..v illiquid at these levels.. just watching woolies getting hammered...

saffy..

[chancer6] 10/1/2008 16:18

The price holding up well so far which imo is a good sign for tomorrow.

[harki] 10/1/2008 16:04

who was that plonker stayed for about 10 mins

[chancer6] 10/1/2008 16:04

Pathetic imo..someone bought 53,078 shares at 0.54p twenty mins ago and bailed out now. L2 is still 2 v 2..so far MMs happy to soak any sells

[chancer6] 10/1/2008 15:47

EVO & SCAP on 0.55p now, then WINS & HOODS on 0.60p, and KBC on 0.65p...should hopefully see continuation of rise into tomorrow.

[chancer6] 10/1/2008 15:45

Level 2 improved again and 2 v 2 now.

[chancer6] 10/1/2008 15:21

Level 2 has improved to 2 v 3, WINS have joined KBC on the bid.

[harki] 10/1/2008 15:10

pi,s catching onto the settlement at 2p a share.

[chancer6] 10/1/2008 15:06

120K buy at 0.55p, L2 is still 1 v 4...highest size buy this wk.

[chancer6] 10/1/2008 14:59

The 300K sell was also easily taken on Monday so imo encouraging.