Yes, looking v perky |
There are several pointers that the share price will recover substantially.
1)Confirmation by the management that trading is much better compared to lasr yr.
2)Adoption of long term incentives for senior management if the shares rise to 65p and beyond.
3)The opening of fully operational offices in Europe, Australia and Dubai.
4) The recent increase in volatility of foreign exchange dealings
5)Cost cutting implemented by the management.
6)More importantly, the setting up of a new platform for FX dealings far superior to the existing one.
It is probably the last week that one can buy the shares at such a low level |
House broker Singer released a buy note this morning with a target price of 70p.
Nothing we don't know already, but it might have stoked a bit of interest. |
People taking positions in build up to results in couple weeks...? |
Interesting spike, any views? |
Disappointing drop after some good momentum. |
Someone is dumping shares |
Quite a lot going on in the background IMHO.
An institution is accumulating on the bid (about 1p higher than quoted) so any sellers easily mopped up.
Any buyers now have to pay up, so doesn't look like there is a stock overhang.
If you bought on the breakout at 42p then best to sit tight.
Hopefully the UK market will give us plenty of opportunities like this over the next 12 months :-)) |
who lit the touch paper? |
The reason the bid price was strong last week was due to a consistent buyer trying to accumulate stock.
I was a buyer on the LSE Orderbook but every time I increased the bid, the buyer automatically increased their bid ahead of mine.
I increased the bid by 0.5p at one stage but the buyer still wouldn't be out bid.
Despite the recent strong share price performance, 46p is just a tad above the recent placing, so still plenty to play for here IMHO. |
Thanks Rimau adds some decent demand |
btw
my post from 24 Jan.
"btw
not shown on the chart on ADVFN but the price to sell, moved up yesterday
...& again today (41.4p, 41.8p, 42.2p, 42.4p, 42.6p)"
it has worked out very for them
imo a MM was building up a holding for someone or an insti.....
or for SCSW ??!!
although the time to buy was a big stake was at 29p. (I managed to buy some, very unusual for me to get in at the low)
Is SCSW allowed to buy shares it tips ? before its tip getting published ?
Well, someone(s) accumulating a biggish holding at 42p in late January, its a good/positive sign.
-----
At a different share yesterday or Wednesday, RNS of dir. share buy at 07:00, RNS of material info then issued at ~10:30 lifting the share price. So the dir. appears to have bought minutes before the news. Insider dealing ?
UK stk mkt regulation/control ?
it's non-existant ! |
well said "rimau1"
maybe us non-subscribers should send SCSW a voucher for a free beer or 2 !? |
Thank you SCSW, tipped twice in the last 2 issues by all accounts. |
Chart breakout this morning at 44-46p |
wow...going straight up ! |
nice bowl forming on chart. looks good for 50-60p me thinks DYOR |
Ali47fish
good point
======
....sometimes it feels like society has gone down the toilet
....lots of knife crime, police 'allow' stealing from shops, apparently almost impossible to get an ambulance in an emergency, a % of society are perhaps regular drug users (& Colombia, Afghanistan, Morocco struggle to keep up with the demand !)
& morals.... revealing tipsters tips (when they need it to be confidential so that ppl pay to receive the tipsheet)
& of course spelling on share forums, it seems like 90% of posters don't know simple English ( their, there, they're; were & where; to & too....)
:-( |
both of the above posts should not be divulging what the maf is publishin good or bad and should be ashamed |
SCSW agrees with the broker stating that the launch of AGP "could help unlock equity value totalling multiples of the current market cap" and has a buy recommendation in this month's issue. |
There has been a big article in SCSW on Argentex in its February report.
Argentex is launching its Global platform for FX dealing this summer which could herald a major share recovery(it has already spent the money to set up the platform)
The comparison is with Alpha Group , a similar outfit,which has shot up over time from 196p to over £26. |
Richard Staveley commentary @ 32:55 - |
Cap. value now just a smidge below the NTAV (if one excludes future years of lease costs)
as discussed in post 1103
so, it's still cheap imo |
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