Filtronic Share Discussion Threads

[tomboyb] 13/12/2018 15:31

Could break upwards at any point now -

1 v 2 at the moment 6.9 - 7.0

[alamaison5] 13/12/2018 15:29

The only thing that I can see so far is a great buying pressure.

[alamaison5] 13/12/2018 15:21

Real 6.851 climbing after the last 3 trades. 70k x 2 + 40k = 180,000
If the seller is still around we should see a 100k trade very soon.

[tomboyb] 13/12/2018 15:09

Seems a seller still about -

Hence share price -

[thedustyone] 13/12/2018 15:04

The market is milking this FWIW.

Can't even buy in small quantities in the last 10mins or so.

Tried a dummy trade to buy 2000 shares and wouldn't go through at market price, yet they were happy to take all my fully paid holding north of 100K above the bid.

I expect this to bounce substantially in the coming sessions as the selling is well overdone.

All imho

DYOR
Dusty

[alamaison5] 13/12/2018 15:03

Now the real BID is at 6.87p and climbing...and we only have 200m shares in circulation. Is that right?

[alamaison5] 13/12/2018 15:01

With these 50m bought/sold at 8p I guess my purchase at 6.8p is wise.
Let see.

[tomboyb] 13/12/2018 14:41

Is the tide turning -

Punted a few -

[volsung] 13/12/2018 14:38

I’m past hoping mesquida. Maybe some kind of capitulation

[mesquida] 13/12/2018 14:30

It says something about the level of disillusionment here that a single trade in 12% of the equity has failed to stimulate any comment ( save my own offering, numbered 3030 ). Do none of you find this trade interesting ? OK,it may just simply be a transfer within a fund management group, or within a family group, but also it is just possible that one of the larger holders has thrown in the towel and a new investor has come aboard. Surely that might make some of us wonder what value they can see that apparently the majority of posters on this board cannot see !
Anyway, we will clearly soon see an RNS in respect of both sides of the transaction. If Mrs.Dixon has switched her holding into the name of Mr.Dixon then it is of limited interest, but it might just prove to be something more interesting.

[tomboyb] 13/12/2018 14:29

Selling is relentless -

[fuji99] 13/12/2018 14:09

Chest - Agree as it looks very strange they cannot manufacture/switch to other frequencies.
"its lead client is now looking to deploy different frequencies to those it had originally indicated."
If this client has "originally indicated frequencies A to B, why does he change its mind ? Also, is this client liable for any incurred loss ? To me this looks strange. Unless they want to camouflage a profit warning by blaming a "client". To me this does not look technically or financially professional at all. This could be the work of a stupid bean counter mixing technicals with beans.

[tomboyb] 13/12/2018 13:55

There is still quite a bit of selling going on -

We'll see where we are -

[john09] 13/12/2018 13:52

Kinda warned you how this would pan out today, and tomorrow btw..

[tomboyb] 13/12/2018 13:50

Looking for a trading point here -

One of our global fund managers loved this stock -

This was 2000 mind u -

[mad foetus] 13/12/2018 13:12

Presumably the new broker and NED were aware as well when they came onboard. And why were we told this in a trading update and not when it happened. Something doesn't seem right

[volsung] 13/12/2018 12:37

Wonder what the share rag will say in their next edition. Down nearly 60 per centFeels like the end of the dot com boom again lol

[chestnuts] 13/12/2018 11:38

Photon

I sold out at a much higher price because the chart pattern said the share price was going down to 8p ish and i thought the news would read alot less orders for 5g than expected but to say that there antenna was at the wrong frequency is shocking, and to write it off like they have, you would think they would know what they are doing and advise the customer of the right frequency.

[archie meads] 13/12/2018 11:30

What seems to me worth a bit more detail from the company is how they reached this level of exposure to a single, apparently arbitrary, yes-no decision; why they pursued the development of a product this far, at such expense, knowing it was a toss-up whether all the money and effort would be wasted, and with nothing in place to soften the blow if one customer didn't go with the product. All that work for nothing? Really? Surely you look at what you've got and say, Now what can we do with this?

[photon] 13/12/2018 10:40

Yesterday was the biggest WTF moment for me in 24 years of investing - and there have been a few. Jaw remains dropped at what they said.

[beeks of arabia] 13/12/2018 09:49

:)At least we still have our sense of humour eh!

[johnv] 13/12/2018 09:48

Don't you mean Mrs Dixon! I think Mr Dixon is in the doghouse after telling her to buy ftc

[beeks of arabia] 13/12/2018 09:46

Nothing so exciting...it was just me topping up :)