Connect Share Discussion Threads

[wacker101] 27/12/2018 22:25

16/08 Closing low 25.95
12/09 Next high 38.70 (49% from low) (19)
11/10 Next low 30.55 (21% retracement) (21)
12/11 Next high 38.35 (48% from low) (22)
06/12 Next low 35.45 (8% retracement) (18)
27/12 Latest high 38.85 (49% from low) (13)


39p is becoming a ceiling at the moment. The good thing is each of the recent lows is significantly higher than the previous one. Also each high and low is about 20 trading days apart. This suggests the next low could be around 41p and the next high could around 44/45p. In theory the next high should be around the 7th/8th Jan. Fingers crossed the 39p ceiling can be broken.

[edmundshaw] 27/12/2018 19:39

Finish at 40p! Hmmm!??

[turbocharge] 27/12/2018 13:03

Trend seems to be moving in the right direction, coupled with a Bottom Triangle - Bottom Wedge generated on 5 Nov 2018:

Intermediate-Term Bullish
Volume 312,203
Close Price 37.35
Target Price 47.00 - 49.00
Pattern Duration 57 days
Inbound Trend Duration

[edmundshaw] 13/12/2018 21:19

Well SG has only been there sice January... hard to tell from the outside... if it is even true.

[gfrae] 12/12/2018 09:44

Is that good or bad ?

[scotslass76] 12/12/2018 09:06

Just a rumour that Stuart Godman had gone.

[newshound1] 11/12/2018 20:19

@tuftymatt11

I have heard the same thing ref the commercial director leaving

[turbocharge] 11/12/2018 18:30

11 December 2018
Smiths News agrees new long term contract with Seymour Distribution Ltd ("Seymour")

Connect Group is pleased to announce that Smiths News has agreed a new long term contract with Seymour. The agreement secures all Smiths News' distribution territories with Seymour from 2020 through to 2025, representing revenues of circa £79m per annum at current market values.

Seymour is one of the largest importers of magazines into the UK with a portfolio that accounts for approximately 21% share of the UK magazine market. Together with the recently announced long term contracts secured with News UK and Frontline, Smiths News has now renewed three of its largest newspaper and magazine contracts, amounting to 36% of its total sales revenues and 61% of its magazine revenues.

Jos Opdeweegh, Chief Executive Officer, commented:

"I am delighted to confirm this new agreement with Seymour, one of our largest magazine partners. At our preliminary results, we identified the renewal of our distribution contracts as a key priority for FY2019. This contract maintains the momentum, supporting our goal of delivering sustainable value from the Smiths News business."

[colonel a] 11/12/2018 13:09

More good news IMO.
Frontline & Seymour were previously {2014} announced together with a total value of £215m
Renewal is early with a a combined value of £229m.
Not keeping up with inflation but ahead of the general decline in the sector.

[tuftymatt] 11/12/2018 11:21

Thanks but why do you say that Scotslass76??

[turbocharge] 10/12/2018 13:57

Jos Opdeweegh was appointed Chief Executive Officer in September 2018. Two months into the role he’s been getting to know the business, meeting with colleagues, customers and investors – and listening carefully to what they have to say.
In this short Q&A, Jos shares his first impressions and emerging thoughts on the future of the Group.

“Central to my personal motivation is building better businesses – from this, everything else flows."

[turbocharge] 10/12/2018 13:55

Any thoughts on the Annual Report?

[scotslass76] 10/12/2018 13:44

Possibly commercial director...

[tuftymatt] 10/12/2018 13:18

Any more info on the above post?

[ls24] 06/12/2018 16:48

Rumours about that a senior director has left???

[trogerswinning] 06/12/2018 12:48

When is the next release?

From long-term sufferer

[turbocharge] 28/11/2018 15:35

15:33:19 37.5000 1,438,919 O 37.0500 37.3500 Buy

[turbocharge] 28/11/2018 13:36

Intermediate-Term Bullish Chart Signal
Generated 5 Nov 2018

Bottom Triangle - Bottom Wedge
Volume 312,203
Close Price 37.35
Target Price 47.00 - 49.00
Pattern Duration 57 days
Inbound Trend Duration 43 days

"The price seems to have reached a bottom, showing signs of reversal as it has broken upward after a period of uncertainty or consolidation."

[turbocharge] 15/11/2018 14:28

Good stream of buying activity

[turbocharge] 15/11/2018 11:03

Just bought

11:02:23 37.7399 11,111 O 37.6500 37.7500 Buy

[colonel a] 15/11/2018 11:02

TC:1298

Would guess that the buy order had been in for a few days mopping up everything that was going but with a strict price limit.

A respectable enough purchase from the main man though.

[turbocharge] 15/11/2018 10:59

Thinking of topping up with 11,111 shares...

[turbocharge] 15/11/2018 10:56

Connect's Chief Executive Officer, Jozef Opdeweegh bought 535,935 shares on 14 November 2018 @ £0.373179

14-11-18 16:15:02 37.32 535,935 O 37.45 37.80 Sell

Interesting to see it being reported as a sell!

[gfrae] 14/11/2018 08:21

It seems to happen a lot. It has happened with me on various occasions, i have asked my broker why ? and he usually tells me market makers do what they want or print it on another exchange. Seems that there are no rules, or that they are not enforced, either way,the result can be a false market. Bid and offer prices ,at least in small caps, are often meaningless, the only way to find the real price is to ring a broker for the RSP which can often be very different from the advertised price.

[turbocharge] 13/11/2018 18:04

It was a normal trade. I rang the broker this afternoon - he said the MM had 'forgotten' to list the trade. After being on hold for about 10 minutes, the trade suddenly showed up

15:39:35 37.4500 11,111 O 36.8000 37.3000 Buy

Can't understand why the trade is listed as a type'O' rather than a type 'L' (misleading, as people will see it as a buy happening at 15:39).

Might get in touch with LSE to try and understand what might have gone on.