Conder Environmental Share Discussion Threads

[tsmith9426] 15/3/2006 13:04

i guess it all depends on the deal, see this hitting 20p before to long if its good, they just dont have the stock to keep it down.
tony

[johnyee7] 15/3/2006 13:00

If there was a leak,there would be a lot more sells than this,if and when they do the deal mm's will need loads more stock than they appear to have at the moment.

[greatfull dead] 15/3/2006 12:56

FromTheBlue - 15 Mar'06 - 11:46 - 636 of 639


Either end of tax year movements on an illiquid stock

Excuse my ignorance but why? What are the tax benifits to a PI if any?

TIA,

GD

[mmorrismikey] 15/3/2006 12:50

I think this is a shake by the MM's before news.
MM

[leesonlookalike] 15/3/2006 12:47

Hopefully Leakage price.... or pechtorra deal new.... !?

[mmorrismikey] 15/3/2006 12:17

FromtheBlue

Would like to think it was the former?
MM

[fromtheblue] 15/3/2006 11:46

Either end of tax year movements on an illiquid stock or news has leaked of the placing price for the deal about to be announced. ALL IMHO.

[deeker] 15/3/2006 11:28

Ouch!! all profits in my oilers..CDE..UEN..CHP built up over last 3 or 4 weeks..hammered in a couple of hours.
News coming from all 3 in next couple of weeks.
Here's hoping it's all positive.

[hard work] 15/3/2006 10:15

Any ideas on the psychology going on here? Sale of 100k at below bid just been declared.

MM games? Doesn't seem to the volume to warrant any other senario

[deeker] 14/3/2006 13:56

Dummy trade on SquareGain 13p bid 14.1p offer

[hard work] 14/3/2006 13:55

The only trade so far has been a buy at 14.5p. Bid/offer is 13.0 to 14.5 on Ofex

[deeker] 14/3/2006 13:54

Ofex site 13 bid 13.75 mid 14.5 offer

[mmorrismikey] 14/3/2006 13:35

DEEKER

What is the actual bid price you have?
MM

[deeker] 14/3/2006 13:32

Once again ADVFN showing this down.. when there is actually no move.

[leesonlookalike] 13/3/2006 13:38

Zengas: if your reading this .... Are you still in CDE ?

Have you ben approached by any MM's for your stock? and how do you feel the Pechtora deal is going ?

Thanks for your time.

Lee$on

[alexandrews] 11/3/2006 13:39

Just to comment further on recent trades, there have been a few sales for relatively small amounts that have gone through 1p below the bid price over the last week or so:

03/03/06 20,000 @13.5p (£2,700)
06/03/06 11,200 @13.5p (£1,512)
06/03/06 15,000 @13.5p (£2,025)
09/03/06 12,450 @13.5p (£1,681)
10/03/06 50,000 @10.0p (£5,000)

Now they may well have been completely innocent trades, but it does strike me as odd that people would be willing to accept such a poor price (~10% discount) to sell relatively small amounts, unless they were desperately keen to do so.

Alex

[alexandrews] 11/3/2006 13:17

Looking back briefly over past results, the company does not appear to have made a profit since the April 2003 year-end figures until its 2 most recent results announcements, which can no longer be trusted following yesterday's Trading Statement. So unfortunately, I don't see how a company that effectively has consistently failed to make a profit for the last 3 years can be considered a good investment, regardless of the "sales to price ratio" or any other metric that people decide to trot out.

Personally I always remained sceptical of the company's sudden turnaround in fortunes. I don't know whether that was due to instinct from the experience of similar situations in the past or just sheer luck, but whichever I'm obviously glad that I passed over the shares and I sympathise with those shareholders that were taken in. It will be interesting to see what action if any is taken in light of the fact that the company recently raised £2m in a placing, presumably on the strength of the overstated profit figures - without that cash injection, the company may well have become insolvent by now.

Does anybody know which auditors the company used for its last annual accounts?

Alex

[leetholdings] 10/3/2006 22:14

A good buying opportunity as the market has over-reacted.

[wowy] 10/3/2006 21:06

A bad day but where does it go now, well firstly on the positive side I assume the discovery is thanks to the new finance director, so at least we don't have wait for the FD to be sacked and find a new one then be told its worse than we thought. The new mans already there.

Conder products are trading strongly and vikoma is positive, plus restated turnover is 30 million so its not stopped growing.

That's a good sales to price ratio, and could be a buying opportunity.

That's as positive as I can be, given the loss on 100K shares.

[hard work] 10/3/2006 16:39

only two weeks to go, so cashing in on investor's nervouseness

[alexandrews] 10/3/2006 16:37

Hmmm... and what looks like another sale of 39K shares from 2:15pm just been reported...

Alex

[pugugly] 10/3/2006 16:06

briddgar. WOT only fsih n chips and possibly a pint after expenses. 2000 deal

[captainfatcat] 10/3/2006 15:42

Pleased I was only watching from the side lines

[alexandrews] 10/3/2006 15:33

Hmmm... and look at the sales that went through this morning, including a 50K one at 1p below the bid. Of course, I'm not trying to imply that there was any insider dealing or anything...

Alex