Just checked up on today’s movement and trades. Seems like a seller is just matching buyers on 19p but will not sell for less, how long before they run out of stock to sell or decide they have reduced to a level that they are happy to hold until at a higher level. Maybe it was just coincidence on the other hand.
Will there be any other sells before the buyers return? |
btw
have ppl seen the adjusted data from the H1 results presentation ?
about 7 minutes in to the presentation for H1, shown on the following page
hxxps://www.ikirupeople.com/investor-relations/
...showing the growth in perf. excluding the Govt. assistance in the prior, Covid, year.
worth being aware of that info imo |
AIM mkt now quoting (& offerring real trades) at 19p to sell & 20p to buy.
Aim mkt spread at the moment of 1p. unusually small for DSG in recent days. Be interesting to see if the spread stays at that small amount in the coming days.
5%, that is enough imo
10% is excessive imo
Phps on AIM the spread has reduced to try to compete with Aquis. |
up nicely
no visible trades on advfn but 2 small ones today on Aquis mkt, totalling just 7500 shares.
5000 @ 19.45p & 2500 @ ~19.9p.
who knows, phps there will be a late reported trade on the Aim mkt or Aquis mkt
----
Aquis quoting 19-22p...which is a 15 minute delayed price I assume
...while delayed price on advfn for Aim mkt is 18-20p.
so, I think that the 2 small trades on Aquis must have moved the price up before it moved up on the Aim mkt. |
LOL 🥂🏖 |
The MM are just greedy because most small PI’s just get a quote and either accept or decline, as they do not necessarily trade on a regular basis.
Still it is only a matter of waiting for the results and forecast before this (fly’s ✈️) flies imo.
DYOR |
Aquis mkt
13.02.23 | 16:01:51 12000 19.45
13.02.23 | 08:15:18 10000 17.315
====
AIM mkt
12500 bt
12500 sold
500 sold
so, for 95% of today, balanced trades
------
if anyone wants to get inside the spread, try putting a limit price & then just wait.
if buyers & sellers use limit prices then imo the MM should do the trades with a spread of say ~5%
(say 18p to sell & 19p to buy) |
1 sell trade on Aquis exchange today.
& 1 buy on AIM mkt
Date & Time Volume Price
13.02.23 | 08:15:18 10000 17.315 |
1 sell trade on Aquis exchange today.
& 1 buy on AIM mkt
Date & Time Volume Price
13.02.23 | 08:15:18 10000 17.315
08.02.23 | 08:36:52 12000 19.7 |
btw
video interview with the 2 main exec. dirs after the last interim results
...attention, it is quite long.
37 minutes I think. So, phps best to have the necessary time available before starting to watch it. |
Good to see the support and the MM having to pay more for stock.
Once passed 20p it should support the platform for the next leg up. |
Reassuring trading update.......... |
from the trading update on 2nd Feb.
"Particular performance improvements were seen with the Group's Infinity, FileFinder and Talentis products. 2022 saw the successful implementation of the Group's largest Infinity implementation, with a strong pipeline for this product being carried into 2023........
Talentis user numbers and revenues continue to accelerate. The Board is increasingly excited about the long term prospects of the product and expects it to make a significant contribution to revenue growth this year" |
from results to Dec 2021
"This expenditure included £0.969m (2019: £1.067m) spent on capitalised development related costs."
+ £1million in 2021
& probably ~£1million spent on R&D in 2022
so, for Jan. 1 2019 to Jan. 1 2023 the spend on R&D & product development was ~£4million.
The same as the cap. value, again making the cap. value of £4million look cheap. |
be interesting to add up the spend in R& D over the last 5-10 yrs
& compare it with the current cap. value
not a direct 1:1 valuation method of course but it is relevant info imo |
as a takeover option
interesting
yes, now that the co. has been stabilised a buyer might now be interested, while before they wouldn't have been.
bod costs were £700k (too many dirs ?) , if say £400k for being listed = £1.1 million, after acquisition that could be say £300k for dirs. costs, saving £800k.
paying say £6 million acq. cost to get an annual return of £800k & the software products & the recurring revenue & sales channels....would seem to be a good deal.
& if someone had a software product they wanted to sell to recruitment companies then via DSG they would have feeds in to many possible buyers |
pugugly
yes, the Aquis Exchange website could win prizes for being almost impossible to use !! |
PUGUGLY, I had noted that it was illiquid in my very first post when I started the thread but it is good to see both of you adding some serious comments or concerns to the tread but I believe this is a huge opportunity for those that are true investors that will have patience, when they issue the next RNS I expect the first jump but the real boost will come in the following six months plus it would not surprise me one bit, if an offer is made within twelve months as I expect a hyper jump in revenues and at a very attractive margin.
Still regardless if you put your toes in the water, keep following folks but welcome aboard if you’re not a current holder that is looking for an exit, I would advise you to do more research and unless you are desperate for the cash, you will end up kicking yourself. Go and look at the price they were trading at before they made serious mistakes and COVID, then think again. |
Smithie6 - Thanks - Just had a look at the main Aquis site
and not listed -
To find trades had to go to the initial board and search
and enter name.
Somewhat confusing. but that brings itup
Must say first time I have really accsses aquis as most companies there far too illiquid for me-
Have a great weekend. |
..pugugly
...recent trades on the Aquis exchange
with the trades on AIM there has been some activity recently
a PI could have picked up £5k in shares without much problem & for many PIs with a portfolio of £50-100k that is all they would probably want to buy
Date & Time Volume Price
08.02.23 | 08:36:52 12000 19.7 (~£2.2k)
06.02.23 | 08:58:35 5106 18.96 (~£0.9k)
03.02.23 | 16:06:27 10624 18.75 (~£ 2k)
03.02.23 | 15:53:49 2000 18.75
03.02.23 | 11:01:46 5000 16.4 (~£0.8k)
03.02.23 | 09:32:07 3000 16.4
03.02.23 | 08:18:21 5000 15.9 (£0.8k)
02.02.23 | 16:28:31 10000 15.9 (£1.6k)
02.02.23 | 16:25:20 10000 14 (£1.4k
02.02.23 | 16:02:26 20000 15.45 (~£3k) |
illiquid...yes
....if I am right with my estimate of ~£1/2 million in public hands then if 1% of those shares were to be sold in 1 day then it would be just £5000/day
illiquid.....can easily move up, or down with a low value in £ of trades
only a small amount of buying has move the price up from 15p to buy to 20p.
..the mkt price could easily move to 25p-30p on low volume
----
copied from older thread
"Interim results out, WH Ireland reiterate their 35p target, double current price......" |
Smithie6 - I was referring to the institutions - In particular Herald and Close -Should have made it clearer.
In respect of my reference to dealing I was writing this while you were posting and had not seen your 7 of 10. Was referencing Clocktower's original first post. |
out of these holders of >3% which ones are respected names ??
....the names of people, I don't recognise them as respected names, the instis, yes.
happy to be informed & to learn
Rory Howard 3,300,000 16.78
Herald Investment Management 1,767,444 8.99
Unicorn Asset Management 1,595,301 8.11
James McLaughlin 1,511,122 7.68
Sarah McLaughlin 1,061,000 5.39
Mike Love 989,754 5.03
Close Asset Management Ltd 978,516 4.98
Robert Howells 650,000 3.30
-----
btw the chairman & MD own 4 million shares between them. 20% of the total.
added to the 56% in the post by pugugly gives a total of ~76% of the shares not being in public hands.
if one assumes there are 10% in firm hands (4 x 2.5%, or 8 x 1.25%)
then the total % of shares not in public hands might be 86%
...if correct then there would be ~2.8 million shares in public hands.
= ~£1/2 million |
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