Avisen Share Discussion Threads

[412069] 27/5/2011 12:54

Could be a sale order placed weeks back IMHO.

[protean] 27/5/2011 12:17

I think if the price action was down to heavy selling then you'd see the sales coming through, but there haven't really been any large sales at all.

My guess is that price is just pulling back on lack of buying interest at the moment. There hasn't been any news for a while so the MMs are bringing down price to try to attract buyers.

Many smaller stocks have been doing a similar thing and you can see this if you check out the AIM index chart.

[the big fella] 27/5/2011 12:05

I bought sub 4p. On the face of it these would appear to be great value at present. But the share price action does give cause for concern. Therefore I shall just stick and won't twist.

[christianf12] 27/5/2011 12:04

There is my buy publsihed, paid 0.1275 over the then offer so you can all put to bed the seller stories as there is no seller here.

There was 100k max at 5.25p.

I wanted 250k.

Nil brainer.

[cammy3] 27/5/2011 11:51

I have averaged down significantly protean but just a bit frustrated as you can see from my tone. Company share price is now trading at cash at bank in hand so limited down side as you say.

[protean] 27/5/2011 11:35

Still worth using stop losses as a long term investor though, even if they're a bit wider otherwise it's a lot more difficult to make an overall profit if your losses are so large.

The t1ps Smaller Companies fund has a good track history and is one of the best performing funds out there. It believes strongly that AVI shares will increase signficantly from here and as recently as March with price at 6.25p was saying:

"The SF t1ps Growth Fund is currently gorging since this looks a complete nil-brainer. The stance is "strong buy"."

If you've held since 15p then you're obviously very patient, so hopefully some more patience will get the price moving up and a return on your investment.

[cammy3] 27/5/2011 11:25

Long term investor protean but got this one well wrong.

[protean] 27/5/2011 11:22

Cammy3 - I take it you don't believe in stop losses then?

[christianf12] 27/5/2011 11:08

Surely the biggest nil brainer on aim at this price?

Cash of £10.5 million now and SF probs will be sold for £3 million at least meaning all plus a bit of current market cap covered by cash.

Then you have a business doing at least £1 million+ profits a year.

I think that would be on a p/e of 10 meaning £10 million plus the cash = market cap around £23 million = a share price of 10.1p per share.

I reckon my figures are cautious though as SF will probably bring in more than £3 million and profits could easily exceed £1 million.

[cammy3] 27/5/2011 10:34

Its the Board of Directors - it needs some new NED's urgently.

[protean] 27/5/2011 10:26

No big sell trades to speak of so might just be the MMs playing games.

[someuwin] 27/5/2011 10:19

Something seems wrong here.

[tsmith2] 26/5/2011 21:29

will take an awful long time at this rate..

just MMs taking the proverbial.

[cammy3] 26/5/2011 16:25

tsmith2 - something must be getting worked. Lets see trades at the end. Need a strong NED in here

[protean] 26/5/2011 16:12

5:05 onwards - t1ps update of May and recently buying AVI

[protean] 26/5/2011 16:09

Certainly a much better entry level than when t1ps last said the shares were a nil brainer at 6.25p and the smaller companies fund was "gorging".

[the big fella] 26/5/2011 15:21

I was going to top up this morning but the price got away. Clearly there is a seller/sellers so I think I will see what they drive the price down too. A sub 5p top up would be a steal. Here's hoping.

[protean] 26/5/2011 15:07

From the last results:

"Commenting on the results announcement Marcus Hanke, CEO of Avisen, said: 'The Board believes it has seen a marked improvement in performance of its operating businesses during the first half of this trading year. Management will continue to build a platform for growth in the second half of the year and we look forward to the future with confidence.'"

[tsmith2] 26/5/2011 13:26

back where we started today..

no reason to doubt things are going well.

[cammy3] 26/5/2011 11:39

Agree protean but this management team need to start delivering real underlying profits. All they've done is issue paper for acquisitions and yes - they have offloaded to put cash on the BS but can they deliver? Maybe some new blood on the board is needed to focus the mind

[protean] 26/5/2011 11:01

Bouncing now. A bargain down here compared to a few weeks ago and nothing has changed i.e. decent growing business with tonnes of cash.

[tech] 26/5/2011 10:44

meant 50k shares