Aukett Swanke Share Discussion Threads

[value hound] 15/5/2018 17:41

The next stage is - "wake me up when we're at 6p"!

[batham1] 15/5/2018 16:58

What's the next stage after vertigo?!

[arthur_lame_stocks] 14/5/2018 19:17

Blimey, i'm getting vertigo!

[leona306a] 02/5/2018 10:16

No....I paid 2.345 and lucky to get it at that price. Chart is looking pretty good.

[fillipe] 02/5/2018 09:26

Another gentle and quiet move at a touch higher this morning, with 2.43p paid against the 2.50p ask.

Nicely positive looking for more of this steady progression.

At the ask, there is 4 mm's although each is showing only 25k shares and all are asking 2.50p.

Any, even mildly, positive news will easily lift this one.

f

[arthur_lame_stocks] 28/4/2018 12:56

Nice to see these up a bit for a change. This hasn't been one of my better buys so far but I guess I didn't realise just how cyclical their business is.

I don't see any point selling when they're at or near the bottom of the cycle and they don't look in imminent danger of going broke.

In fact I wonder if the recent buying interest isn't people calling the bottom of the cycle? There doesn't seem to have been huge volume though.

[batham1] 27/4/2018 15:04

Up again...it's been a good week!

[norbert colon] 25/4/2018 17:13

Yes filipe - certainly some buying interest as I could easily sell 300k chunks today which is very unusual. Being listed makes absolutely no sense at the current mcap and the Group don't use the capital markets. It does however help within credibility when bidding and I understand mgt are looking to reduce Plc costs going forward. Patience as always with these sort of stocks!

[fillipe] 25/4/2018 16:08

AUK + 25% again, today. Summat must be going on there.... 2.195p been paid for £small.

Thanks for your comments, NC. Somewhat my own thoughts also, except I've had a view they would simply go private at a decent price for shareholders.

I'd much rather they made for a big success of the business and in that way returned to past higher levels.

gl,

f

[norbert colon] 24/4/2018 17:52

Yes, I keep buying small quantities each month including today as I believe over time lots of small long term (historic) holders will capitulate and the valuation may then pick up assuming mgt show that business is stable.At sub £3m mcap there is lots of value here for the patient investor.

[fillipe] 24/4/2018 16:52

Mmmm, quite a busy day today - for AUK.

f

[value hound] 24/4/2018 12:03

Wake me when it's 6p please.

[batham1] 24/4/2018 11:38

Good to see AUK starting to bounce back from what was hopefully the bottom. A long way to go but it's a start.

[arthur_lame_stocks] 03/4/2018 22:15

Some volume today. Be nice if it was the management buying and calling the bottom although frankly a couple of million share at this price is not a vast amount of money.

[arthur_lame_stocks] 03/4/2018 18:47

I don't think they're in imminent danger of going broke, but when is there going to be a recovery?

[battlebus2] 29/3/2018 15:57

Yes the management changes are necessary and I’m also looking forward to a profit and with any luck they can repeat or add to that in 2019 if we’re still around.

[batham1] 29/3/2018 15:08

Good to see the board taking a hands on approach, and looking forward to being in profit later this year!

[arthur_lame_stocks] 24/3/2018 16:20

I must admit i'm tempted to buy some more at this price but not sure.

I'd be disappointed to see these taken out cheaply at the bottom of the cycle tbh so i'm not sure i'm in favour of corporate action.

Whatever, i'm certainly not selling at 1.5p unless it looks like they're actually going bust.

[batham1] 22/3/2018 13:52

Thanks for this view. Even better value now, couldn't resist adding a few more. More news flow would be helpful.

[value hound] 20/3/2018 11:00

I bought quite a few sub 2p (already had some from 2.5p).

I think this is worth easily three times as much given time - but it will take patience.

That would equate to a mkt cap of a little less than £10m - still less than where it was this time two years ago. The yield from that time at today's price also equates to 11% - whilst the current mkt cap is less than two years' operating profit from a couple of years ago.

They're also at a discount to NTAV and have 0.725p per share in net cash so they aren't in any danger - and were trading profitably in H2. What's more, the directors have big stakes along with a few PIs, so have a strong vested interest in turning things round obviously.

[batham1] 20/3/2018 09:40

A few buyers out this morning...surely good value at this price?

[norbert colon] 11/1/2018 11:56

Ha ha Rhom - nope I will be stubborn to the bitter (probably....) end! Bid now up to >2p.... hoping to get meeting with management over coming weeks. Hearts and minds !

[rhomboid] 11/1/2018 11:38

Hi NC I bet you dithered for at least a few moments thinking ‘I just want the pain to end...’㈹8;

[norbert colon] 11/1/2018 11:35

Amazingly I could sell my entire holding this morning so there was some liquidity for a change. Didn't fancy 1.5p however.....continued patience needed here but undervalued at current prices.