Contourglobal Share Discussion Threads

[quanta] 14/5/2001 16:52

265k shares traded as "ordinary" trade! that's huge for glotel.
If that is once again a sell trade, we are in for even more trouble!
"Q"

[quanta] 10/5/2001 14:14

I know the feeling BJ!
I never thought it would crash through the £1 mark ........
Very depressing.
At least we have a gorgeous weather :)

"Q"

[bluejaguar] 09/5/2001 09:29

All the signs are good........300k purchase but at a bargain price. Something must go good with this share sooner or later..............Oh dear. I couldn't have chosen a worse stock.

[bluejaguar] 20/4/2001 09:14

I realised the 1.5 north move was due to the change in positive attitude towards the Nasdaq stocks. I do like to see a little movement though, it's as though their beginning to shake themselves out of a rut! I hope I am right.

[quanta] 18/4/2001 09:26

Very shy move, but at least in the right direction .. and on almost no trade.

Q.

[quanta] 11/4/2001 21:48

Yes indeed Bluejaguar.
I couldn't believe my eyes either.
Let's hope that this happens a bit more in the near future. For my part, it still needs to go £4 higher to become interesting again.
:) :)
Q

[bluejaguar] 11/4/2001 16:55

I can't beleive it. The share went up on a purchase

[quanta] 09/4/2001 10:55

I wish I knew mate. This is all too depressing to monitor daily.
All we can do is keep faith.
Q

[bluejaguar] 09/4/2001 09:25

Bad things are happening today. I am receiving alerts every few moments.
How does a share go down if there are no trades to influence this???

[quanta] 06/4/2001 18:25

I think I see where the confusion is.
A T+ trade cannot been seen as such on a schreen like this ADVFN one.
I for example buy my shares through the share service from HSBC in Jersey. When I do a transaction, whether it is a Buy or Sell, the funds are credited or debited from my account after 10 days. This is what I call a T+10 transaction.
At that time, the market maker on the trading floor has no idea about when his money is coming in! (can be a la minute or 20 days later). the T+ reflects the time of funds changing hands but the kind of transaction is known at the moment of my phone call!
So actually, those T+ trades must be trades which are placed "at the market makers' level". They do not tell us that one does not know if it is a buy or a sell, but must be kept undisclosed for a while because of reasonunknown to me; probably some stockmarket rules for certain type of transactions.

regards,

Q

[bluejaguar] 06/4/2001 17:31

When a trader purchases on a T+ basis he doesn't actually own the shares until that period, be it 10,15,20 days is up. Therefore they are owned by the broker in effect or even that quantity is suspended until the buyer decides to purchase or not.
If you were to bet on a share, that would not bear any relevance on the actual share as there hasnt been any real trade.
Most people who buy on a T+ basis are buying purely to make a quick buck within the 'decision period'.
I was thinking, maybe once the buyer decides NOT to buy the shares, do we see another inclusion of a green trade? That would make sense wouldn't it?

[quanta] 06/4/2001 16:50

Hi Bluejaguar,

God question! Now you mention it, I think not (it wouldn't make much sense anyway). What one surely can is "short" the share price, in other words, betting on the price going down. But there again, I doubt that it would be possible on such a large sum (those 2 trades do total almost £1,2m.
I would like to know what" T.? " the means.
It can also be that some trades, for some reasons unknown to me, are kept undisclosed for a certain amount of time?

Open to any suggestions.
Q

[bluejaguar] 06/4/2001 16:21

Can you sell on a T+ basis?

[quanta] 06/4/2001 16:11

Although those 2 trades of 1M shares in total are T+ trades, the fact that the share price is almost 1% down today could suggest they are "sells"?
Any one thinking a different way?
Q

[quanta] 05/4/2001 16:12

Nice to see a big buy of 40k shares at 15h25.

Q

[bluejaguar] 31/3/2001 00:34

Why is this happening? Is someone (MM) creating an artificially low price to get the ball rolling because there are no serious negative trades to suggest why this is happening....Any clues Quanta??

[quanta] 30/3/2001 17:01

Sorry, south going prices give me the shiver :)
Q

[quanta] 30/3/2001 15:24

No Blue Jaguar, I've got no idea.
The overall Telcomm sector being hammered globally, everyone depending on them is getting hammered with them and so is Glotel.
When I received that letter from Glotel CEO Les Clark back in january, he stressed how much he would get his team to recoup most of the loss incured by that US telco which went belley up.
I cannot see or tell what the figures are right now, we'll have to wait until June/Jully for the year results to be published in order to see how much has been affected by the general decline in telecomms companies.
It is quite obvious though that MMs have to cover themselves and when one sees that a comp like BT has a debt load of £30Billions plus !!! one could wonder what happens to their suppliers if something goes wrong.
So overall, I think that Glotel is still a solid business, I've got my interim dividends all right, and the share price of this moment is only the pure reflection of the overall situation.

I think that between 4 and 8 weeks prior to the results, I shall study more in depth what the trades volumes have been and evaluate if it is worth while averaging down. That would at least help me regain a better position on this investment (which is at this moment my worst one by the way). Somehow, I can't help it, I just like this company.

Q

[quanta] 30/3/2001 15:23

No Blue Jaguar, I've got no idea.
The overall Telcomm sector being hammered globally, everyone depending on them is getting hammered with them and so is Glotel.
When I received that letter from Glotel CEO Les Clark back in january, he stressed how much he would get his team to recoup most of the loss incured by that US telco which went belley up.
I cannot see or tell what the figures are right now, we'll have to wait until June/Jully for the year results to be published in order to see how much has been affected by the general decline in telecomms companies.
It is quite obvious though that MMs have to cover themselves and when one sees that a comp like BT has a debt load of £30Billions plus !!! one could wonder what happens to their suppliers if something goes wrong.
So overall, I think that Glotel is still a solid business, I've got my interim dividends all right, and the share price of this moment is only the pure reflection of the overall situation.

I think that between 4 and 8 weeks prior to the results, I shall study more in depth what the trades volumes have been and evaluate if it is worth while averaging down. That would at least help me regain a better position on this investment (which is at this moment my worst one by the way). Somehow, I can't help it, I just like this company.

Q

[quanta] 30/3/2001 15:23

No Blue Jaguar, I've got no idea.
The overall Telcomm sector being hammered globally, everyone depending on them is getting hammered with them and so is Glotel.
When I received that letter from Glotel CEO Les Clark back in january, he stressed how much he would get his team to recoup most of the loss incured by that US telco which went belley up.
I cannot see or tell what the figures are right now, we'll have to wait until June/Jully for the year results to be published in order to see how much has been affected by the general decline in telecomms companies.
It is quite obvious though that MMs have to cover themselves and when one sees that a comp like BT has a debt load of £30Billions plus !!! one could wonder what happens to their suppliers if something goes wrong.
So overall, I think that Glotel is still a solid business, I've got my interim dividends all right, and the share price of this moment is only the pure reflection of the overall situation.

I think that between 4 and 8 weeks prior to the results, I shall study more in depth what the trades volumes have been and evaluate if it is worth while averaging down. That would at least help me regain a better position on this investment (which is at this moment my worst one by the way). Somehow, I can't help it, I just like this company.

Q

[quanta] 29/3/2001 16:35

ha ha,
Did I just spot a move north? yes I did!
This is good.
JP

[quanta] 28/3/2001 18:04

Hi BJ
Those trades are T+ trades (No way to know if those are Buys or Sells).

Regarding other sites, I don't know. There used to be Wimp.net, but I think it's gone belley up. This ADVFN is probably the best known one for trades hystory anyway,

Q

[bluejaguar] 28/3/2001 11:01

Quanta - Could you advise what the Green purchase/sales actually are and is there any other site which enables you to know if these are a purchase or a sale.