Cindrigo Share Discussion Threads

[jamesd888] 22/5/2017 08:59

volume already near daily average...get ready for lift off...bargain price to buy now and many getting in today as they know this will be a multi bagger or 10 bagger before new york wheel goes live.

[jamesd888] 22/5/2017 08:56

all buys...buying pressure immense...looking good for 4p day...next stop to be taken out is 3.75...once taken this will move straight to 4p

[letmepass] 22/5/2017 08:49

Can it break 3.6?

[nick rubens] 22/5/2017 08:16

What chance has this company got of paying this loan note off by 17th May 2018?

Will it have profits from anywhere?

Is it reasonable to assume that this is basically just a placing at 3p with the CEO who will eventually own around 25% of the company?

Are there any catches or could there be? It sounds healthy going forward.

[glenbo1] 20/5/2017 12:14

This is just the beginning for CHAL. A recovery from the bottom.This time next year it will be x10 the current mcap.

[letmepass] 19/5/2017 15:56

Breaks 3.6 then next stop 6p

[jamesd888] 19/5/2017 10:08

off topic tip Futura Medical (FUM) worth buying now

[jamesd888] 19/5/2017 09:54

hold on to your hats....we should now see the next wave upwards

[bigoffice] 19/5/2017 09:41

Looking strong - 99% tank the next session Watching closely

[quinan] 19/5/2017 09:12

that was a bit of a shake.

[jamesd888] 19/5/2017 09:04

Should climb above 4p later on this afternoon...buying pressure building up...looking strong

[sep800] 19/5/2017 09:02

teach you for selling on small profit !

[someuwin] 19/5/2017 08:51

Can't buy any.

[dice1950] 19/5/2017 07:12

#CHAL #CHALLENGER ACQUISITIONS Last Signal:BUY
Last Pattern:BULLISH HARAMI CROSS 💥🔥

[letmepass] 18/5/2017 23:43

Be nice to see this this in double figures again

[fund1] 18/5/2017 22:03

Thanks for that Dice.

[dice1950] 18/5/2017 20:48

Challenger Acquisitions: Above 50 day line could target 8p

By Zak Mir 18 May 2017
1 mins. to read
Challenger Acquisitions: Above 50 day line could target 8p
Having interviewed the CEO of Challenger Acquisitions (LON:CHAL) a couple of times, and having liked the concept behind the company, it is good to see the first stirrings of recovery for the stock price.

I note today on Twitter that some of the traders who normally know what they are doing are backing Challenger Acquisitions as a recovery play. This is encouraging given the way that the company announced earlier this month that its convertible debt holders have allowed it some breathing space to rejig its finances.


The attractions builder is clearly in an area where large amounts of cash are required, with the share price trajectory of the past year and a half underlining the notion that things may not have been proceeding in a satisfactory fashion. However, since the improved financial position was announced on 8th May we have seen a tentative rebound for the stock, a point underlined by the sharp jump in the RSI indicator reading from ultra oversold levels in March. This along with the latest bear trap rebound from below the former March support offers aggressive traders a buying opportunity.

The rest of us would probably wish to see a recovery of the 50 day moving average, currently at 3.75p, on a weekly close basis before taking the plunge on the long side. Just how far the stock could fly above the 50 day line is suggested by the top of a broadening triangle from February with its resistance line projection at 8p.

CHAL chart

[someuwin] 18/5/2017 15:51

The sky's the limit now.

[quinan] 18/5/2017 15:33

About time, well we know now things are about to get a lot better.

[csmwssk12hu] 18/5/2017 15:13

Went up to 7p a little while ago when it rose this much in a day

[lufc5] 18/5/2017 14:38

Don't get impaled on this spike!

[dice1950] 18/5/2017 12:17

smudgedan @Smudgedann
More
CHAL - should continue to build now over the next few sessions

[someuwin] 18/5/2017 11:41

Was priced to go bust.

Clearly not going bust now.

[someuwin] 18/5/2017 10:28

Challenger CEO Mark Gustafson said: "This investment demonstrates my commitment to the future of the Company. Following the restructuring of the business at the start of the year we will continue to pursue potential Giant Observation Wheel projects with Starneth, which would generate success fees for Challenger, as well as evaluating other potential new projects within the leisure and attractions sector."