Andrada Mining Share Discussion Threads

[nilip] 22/9/2004 17:08

Todays Volume :


Over 3,100,000 BOUGHT verses just less than only 200k sold.


30p by end of this week ... 35p still on the cards - probably next week.

[bullandbear] 22/9/2004 17:00

we know where this is going.

[nickk1] 22/9/2004 16:58

Still buying 1000000 at 27 building up a nice head

[bullandbear] 22/9/2004 13:44

30p soon enough.. what do you all reckon,, take over rumour ???

[nickk1] 22/9/2004 13:31

Insitution/s still buying 600k just gone through at 27.

[markycrispy] 22/9/2004 13:31

My purchase at 20p looks sounds at present. I was annoyed at the time because Barclays Price improver didn't improve and I had to pay full price!
Perhaps in future that is a bullish sign for me!

[bullandbear] 22/9/2004 12:18

well making 15% profit so far and expect more to come especially if rumours appear of a buyer for the company.. That will see the price propel I'm sure back to 40p

[nilip] 22/9/2004 12:08

Thanks for the news updates marky & BandB.

Another tiny pip up today ... plenty more increments to come ...

Still on course for my prediction.


NUMS has lifted it's offer to 29p

[bullandbear] 22/9/2004 11:26

paypoint will also move into the ATM market too.. it was in todays FT.. never know they may buy a few of these companies up.

[markycrispy] 22/9/2004 11:25

Excellent news coverage over the past day or so on how many new ATM's are appearing and I even saw that bloke McNamara doing a telly interview.
HE said people were prepared to pay for use of an ATM if the next nearest one was a taxi ride away!!!!

[riverbank] 22/9/2004 10:16

Yep, blackbear...... sure sign of market saturation aproaching fast!

[blackbear] 22/9/2004 01:01

These boxes are turning up everywhere----

[bullandbear] 21/9/2004 17:00

agreed nilip

[nilip] 21/9/2004 15:46

As expected, bid has been risen to 25p to again try and entice some sellers ... any takers ?

No chance !

L2 showing 1 vs. 2

NUMS looking to buy on the bid and has it's offer at 28p.

The 950k trade @ 25.5 (when the bid was at 24p) looks suspiciously like a buy to me which may have been worked thru the mkt over the past couple of working days. Either way, that trade seems to have raised the bid :-)


Rising back towards 30 as expected and in due course we should see 35p soon - IMO.

[facer] 21/9/2004 12:14

oh riverbank, why do you think ?

[riverbank] 21/9/2004 12:07

Just sacked their CEO.... anyone know why?

[nilip] 20/9/2004 22:19

Kanwar, very honest reply from you - Thanks, appreciated.

I suppose it depends how you define a trader versus an investor - I don't think there are many de-facto definitions of the two except it's obvious to state that an investor is one who holds for a long duration as opposed to the trader who holds for only a short period.

I probably fall into both catagories.

I am an investor as well as a trader.

My 'investor' senses are telling me that ATM is an excellent prospect and I expect the share price to be over 100p realistically within the next 18 mths. I expect ATM's business to pick-up significantly during the next 18 months - Hence I have bagged a 'bulk' of ATM shares and just tucked them away as my long term allocation of this stock.

My 'trader' senses are telling me that at the current price ATM is still very cheap, that is, cheap with respect to its competitors - I believe we should see a fair value at around 35p - this is of course my own perception and we may see a little psychological resistance at the 30p mark - Hence, my 'trading' allocation of ATM is still very much a hold - it's way too early to sell on this rise.

As pointed out before - todays behaviour was so transparent and a pure indication that ATM is still very cheap at the current price and todays rise seems to suggest that there may be a very serious large buyer in the back ground.

I wish all traders and investors alike good luck - the investors will most certainly mulitply there investment IMO as MoneyBox is and will remain a market leader - it's established marking in the sector will not deminish.

As for the traders amongst us here - all indications of a further rise in the short term are on the cards - the share price has just simply fallen way too much for there not to be a short term recovery into the mid 30's.

With a 10% spread, as mentioned earlier, anyone selling now will have to pay that extra 10% merely to get back in.

My short term prediction of 'fair value' remains at 35p.

[kanwar] 20/9/2004 16:48

nilip.....I'm truly happy when small investors make money(honest).so very good luck to you....although I am out at the moment, I do believe that ATM is a GOOD stock, but at heart I'm a trader and not an investor...again GOOD LUCK!!!!!

[nilip] 20/9/2004 16:08

LOL.

KANWAR, you sell then you try and de-ramp - rate hike ? who gives a ... ?


It's monday - my prediction of 30p by the end of this week remains.


Refer to my post last week ...


The spread is 10%, anyone selling at this cheap price is likely to have to pay 'at least' a premium of 10% on the price they sold at to buy back in.


Why do you think the MM have a 10% spread ?

The sellers have exceeded the buyers today - yet the price has still risen ... in fact the bid price has risen too dispite the selling !

What does that tell you ?

30p by Friday 4:30.

[kanwar] 20/9/2004 09:12

Interest rate hike in U.S. poss tomorrow won't help any stock in short term...

[sportbilly1976] 20/9/2004 08:49

surprised the bid has remained stable...

[nissi beach] 20/9/2004 08:48

so you back off to yoo then mohamed

[sharareh] 20/9/2004 08:41

They will come back when they see 30+ soon!!