Distil Share Discussion Threads

[daz1712] 02/9/2020 19:24

Moving on to the recent share price rise with massive volume(compared to the norm) it appears that either RG is making the play or other parties have decided to take this to a new level.

Personally I have added at 1.35, 1.42 and a lot before from .89+will be accumulating on the basis that the trends are looking good and as I have said numerous time Redleg is as good a rum as the premium brands.

[daz1712] 02/9/2020 19:11

Hi all And welcome zxie to the discussion, firstly would like to apologise for the comments of one of the regular commentators on here, after making your valid point about the share price maybe making 3p you were called an Idiot and told to F Off.
I see they are discussing filtering JK for these comments so please feel free to express any valid comments in the future

[zxie] 02/9/2020 19:00

very good stamina

[zxie] 02/9/2020 18:58

dis is (lan Chou Gu) Hold tight

[lr2] 02/9/2020 18:47

I'm quick to filter Pete and did so today. You can always unfilter should the person start to become interesting. That's usually noticeable when you see others having a reasoned discussion with the filtered person. To date I have in excess of 2,200 names on my filter list.

[zxie] 02/9/2020 18:12

It's better to soak a fool in wine.

[petersinthemarket] 02/9/2020 18:01

Despite an interesting day, my finger is starting to itch for the filter button.

[zxie] 02/9/2020 17:58

A fool. Charts only cost you money. I'd rather read the news.

[petersinthemarket] 02/9/2020 16:55

Thanks Jane - However you read it, something is going on here and the share price is at last going to move higher.

[janekane] 02/9/2020 16:41

£4980 agree but this is a company with market cap of £7.2mill so today’s trading is on the higher range than usual
We both can have different opinions as to the way this is moving but from the chart and recent trading the indicators Ime getting is if we maintain 2 million buys against 1 million sells in consecutive trading periods then nothing can stop the move north
The charts are very encouraging but my reading of the charts is based on historical trading

If the trades stop so will the share price Drop

[berny3] 02/9/2020 16:22

JK not sure about your "broker speak" term, as back office means many things to many people in the finance world. I always refer to back office as settlements.

Covering those trades

14:15:51 switched to 50,000 on Bid@1.4 there was a 200,000@1.4 the you had 3*50,000 trades 1.48, 1.48, 1.4 time stamps 14:18:31 14:19:39 14:35:41 - to me that looks like one trader, bid then dropped back to 1.3

350,000 shares at that price = £4,980 not a large sell in my opinion.

[janekane] 02/9/2020 16:07

I expect this to move higher Than now (at this time 16.07 but will be surprised if it’s today
If we have similar trades tomorrow as today then the bid offer should be 1,50////1,70 At the end of trading
These are my calculations expected from years of trading
They are never 100% accurate but to me they are good indicators
My comments are from today’s trades

[petersinthemarket] 02/9/2020 16:00

It truly staggers me how many people come out of the woodwork, either on the thread, or on the share price chart, when a bit of action occurs. There are plainly a lot of very interested silent parties out there.

[janekane] 02/9/2020 15:57

Berny you can place orders with all brokers at sett terms
You can place a sell order with your broker ,let’s say 200000 @ 1.45p this sits in the back office (this being broker speak for buy sell orders )
You can add time limit
end of today’s trading or any time you like In the future
The movement’s in the offer intimated to me a sell order sett at 1.40,I did not know the price set at 1.40 but 15 minutes after my comments the bid increased from 1.30 to 1.40 dropping back To 1.30 after another 2 trades

[petersinthemarket] 02/9/2020 15:57

I mean no disrespect, but I often wonder what the hell Jane is trying to say. Maybe it is me, but she often seems to talk in cliches, riddles and short bursts. A lot more words, a lot more detail, would be very welcome. If you have something to say, please explain your point Jane. Underneath this competitive spirit most of us are actually quite friendly.

[berny3] 02/9/2020 15:20

JK

"Speculation the mm r short of stock I doubt this as suggesting figures point to large sell enquires In the back office
Hence the drop"

Can you clarify what you are referring to as suggesting figures point to large sell enquires in back office?

Which back office are you referring to?

[janekane] 02/9/2020 14:48

There it is 200000@ 1.4 now we should move north

[chinese investor] 02/9/2020 14:23

Looking Good !

[janekane] 02/9/2020 14:03

Yes looks good one thing that put a question over these figures is the highest offer Today 1,48 now it’s down to 1.465
Speculation the mm r short of stock I doubt this as suggesting figures point to large sell enquires In the back office
Hence the drop

[berny3] 02/9/2020 13:03

no need for name calling just discuss.

JK - let see where things go from here

CFEP 1.30-1.60
PEEL 1.30-1.60
WINS 1.30-1.60
JBER 1.00-1.50
SCAP 1.20-1.50

[haggismchaggis] 02/9/2020 13:01

It's a one year chart breakout at 1.4p. Onwards and upwards.

[gleach23] 02/9/2020 12:58

If this buying continues, then going by a layman's view of the chart 2p will soon come into view imo

Underlying Bid chugging along nicely and now up to 1.35p

[zxie] 02/9/2020 12:22

fools in the board

[zxie] 02/9/2020 12:09

You don't know how to read the news?fool