Geong Share Discussion Threads

[rivaldo] 22/10/2013 11:55

JTC, I don't have the HTML knowledge to post volume charts etc. If someone makes it crystal clear as to how to do so then fine, but otherwise....

[odvod] 22/10/2013 11:39

I looked at several (no news) spikes at different stocks and its mechanisms. Huge vol on the up (bagging) in a very short period of time and then drift lower on much lower vol. Happening here by the book and that is why I sold half of my position (bought at 60-30p).Spikes are connected with an increased BB activity (recent posters).

[jtcod] 22/10/2013 11:22

Riva
Would it be possible to link volume graph to the header like EC did with the GBO header?

[rivaldo] 22/10/2013 11:07

Interesting - and healthy - to see almost another 1m shares traded here yesterday and so far today.

[h2owater] 22/10/2013 07:31

China's third quarter GDP growth rebounded to 7.8% year-on-year, having decelerated to 7.5% year-on-year in the last quarter. The figure was in line with consensus expectations and reflects the mini-stimulus and fine-tuning measures enacted by Beijing in response to the second quarter slowdown.

Equity investors should be cheered that nominal growth recovered more strongly, climbing from 8% year-on-year to 10.4% in the third quarter. This is indicative of growing (but not concerning) inflationary pressure, and is a positive for earnings.

[h2owater] 22/10/2013 07:26

China's economic growth speeds up?






China's economy sped up in the July-to-September quarter to expand at 7.8% year-on-year, according to official gross domestic product (GDP) figures.

That's faster than the previous quarter when GDP grew at 7.5% and the January-to March quarter's 7.7% expansion.

Unless the fourth quarter tanks, it means that the Chinese government will hit its growth target of 7.5% for the year, as the growth rate for the first nine months came in at 7.7%.

[h2owater] 21/10/2013 12:53

Market cap now only 2.79mWait till new contracts next week in trading update!Latest Share Price (p) 7.50 Net Gearing (%) 20.31Market Cap (£m) 2.79 Gross Gearing (%) 35.25Shares in issue (m) 37.83 Debt Ratio 12.19P/E Ratio 184.50 Debt-to-Equity Ratio 0.26Divs per share (p) 0.00 Assets / Equity Ratio 1.54Dividend Yield (%) 0.00 Price to book value 0.14Dividend Cover 0.00 ROCE 0.02Earning per share (p) 0.04 EPS Growth (%) -90.7052-week high / low (p) 13.13 / 2.63 DPS Growth (%) n/a

[stegrego] 19/10/2013 13:02

I noticed that a lot of Asian AIM shares did well last week or so.

Looks like a game of greater fool in the sector, that is all. I think they may be running out of fools again though now.....

[mudbath] 19/10/2013 11:39

When/if GNG return to the 3 pence level, the company will have no need to issue a further RNS as they have already explained that there was nothing to underpin the recent irrational exuberance(ramping).

[kaos3] 19/10/2013 10:31

I tried to sell 50k middle spread yesterday for the whole day testing the market. No go.

[eric76] 18/10/2013 22:22

Takes all views to make a market. The 2 banks they mentioned they'd signed up in the agm rns look to be a respectable size and I'd imagine would have done some due diligence on gng.


If the trading statement hints that they're continuing to sign up saas contracts of this ilk then theres no reason previous revenue collection issues should hold the share price back for long imo.

[bbluesky] 18/10/2013 21:53

Glad you will be moving to a different track and good luck....zzzzz

[simon templar qc] 18/10/2013 18:31

Well I wont be putting me money here there are better odds at the races!

[corrientes] 18/10/2013 18:16

Still waiting, Simon Templar. Put your money where your mouth is.

[simon templar qc] 18/10/2013 16:41

You are right the spread widened but the market makers protecting themselves whatever happens.

[sir rational] 18/10/2013 16:39

Just the spread widening.

[simon templar qc] 18/10/2013 16:38

rivaldo 18 Oct'13 - 15:20 - 21358 of 21358 0 0


Now that's what I call a positive intra-day turnaround.

EDIT - well, it was :o))

....

Was it?

Market makers managed to offload their stock and then at the end of the day the stock goes down again!

7 pence to sell!

[rivaldo] 18/10/2013 15:20

Now that's what I call a positive intra-day turnaround.

EDIT - well, it was :o))

[corrientes] 18/10/2013 13:47

As you're clearly so smart, Simon Templar, give us your educated guess as to the price after the next RNS.

[eric76] 18/10/2013 13:32

Seems the buyers are appearing again. Good to see the panic didn't last too long. Picked a few up myself again for the trading statement. mrktcps low enough for a punt imo. Will be interesting to see how saas sales to the chinese banks have gone, that and cash collection of course.

[jane downs] 18/10/2013 09:07

logans run 17 Oct'13 - 13:23 - 611 of 613 0 0

Word in the City is this mob are getting behind CHA and they are on the acquisition trail of an oiler i know SEFTON has been mentioned but word is they have been looking at a few.
hxxp://www.zeuscapital.co.uk/index.php

[simon templar qc] 18/10/2013 09:00

Not here its panic is setting in now after sharp rise over hype. That bought at 13 pence last week now lost near half their money unless they had stop losses in place.

[bene449] 18/10/2013 07:14

PRE-OPEN REPORT: The headline index is tipped to open comfortably higher this morning, according to financial websites, with investors buoyed by a return to normal in the US and news of strong growth in China.