Gresham Technologies Share Discussion Threads

[double double] 03/7/2017 08:05

A good start to the second half. I am hoping for a TU this month.

[amt] 03/7/2017 07:50

Very significant news sbout N America and Canadian market which looks like it is taking off in a big way.

[double double] 27/6/2017 16:53

I had hoped there would be a run up to half year. But there is still time upto a TU announcement.

All very quiet on the news front and even on the press releases. The tea boy must have found a better job.

[nurdin] 06/6/2017 13:04

..and what destroy the economy? No thanks

[double double] 06/6/2017 12:55

Oh c'mon richjp dont take it so seriously.

We are all here to research, share and support Gresham as it becomes something more, and we have waited long.

Anyway lets put an end to this as I am sure everyone else are bored of this.

[richjp] 06/6/2017 12:04

dd, there is a lot I could say but I will try and keep it as polite as I can, however as far as I am concerned, people who resort to personal attacks including the kind of sarcasm you have used in your last post, say more about themselves than the people they are attacking.

[double double] 03/6/2017 15:59

richjp

My point of view is every much valid as your point of view is. All our opinions are our own and are true.

As for owning the board, there is adding realism as you say you try to do and then there is trying to stop or moderate other opinions being expressed.

You will also recall how your recollection of the presentation seems to have been different to others that were there as you said yourself. But your version must be the correct version!

I mentioned 450p as a historical fact and a "bubble" but you seem to have turned it into something of a "ramp" with your "realism" officer hat on. But aside, as I said we shall see if people reference share price of 450p of the distance past.

However, its good to hear we have a "realism" officer on patrol!

[4-10] 03/6/2017 14:41

See you down there richjp thanks for the posts!

[richjp] 02/6/2017 19:11

For what it’s worth I don’t think that the recent share price increase has anything to do with anybody having any form of inside information. As most of us know the effective free float in GHT shares is limited and it does not take much activity to move the share price either way.

What I suspect is, is that a number of people have been monitoring GHT for a while and looking for a good point to get in. The share price was stuck in a 150 – 160P trading range and I think that some decided that it was unlikely to go below 150P and with the half year end approaching, it would be best to buy now in case there is a more significant upward move.

I’m off to the pub now.

[richjp] 02/6/2017 19:10

double double,

I find your reaction to my recent post surprising to say the least however I will try and reply as politely as possible.

I merely pointed out something I had read, probably about two years ago, from an interview from someone who knows a thing or two about markets, which I thought might be relevant to all of us here. I am not the greatest believer in charts for smaller companies, although I think they can have a place in pinpointing resistance points for example, because small companies can change dramatically in a few years. The GHT of today is very different from the GHT of some years ago when the RTN bubble was at its height and the GHT back in 1988 was very different again. I think it is one thing to use long term charts when looking at something like the FTSE 100 or blue chips, but not small companies and I think that Antony Bolton’s views support that opinion.

As for me wanting to “own” this board, I find that a bit strange. Maybe in a weird way it’s a sort of a compliment. GHT has been for a long time the largest stock in my portfolio and at today’s price it is now 20% of my portfolio. That is the main reason I take so much interest in it and attend the AGMs. I also spent over twenty years in IT sales which included selling back office systems into city accounts. In addition I spent another seven years running the IT operations of a small international bank in Luxembourg where I selected and installed a complete new back office accounting system. I like to think therefore (modestly I hope) that I have some experience relevant to those that have shares in GHT.

I have always disliked the ramping that has sometimes gone on here in the past, although I know it is worse on some other threads and perhaps the over exuberant optimism that is still sometimes portrayed. I try and be honest in my opinions and inject a bit of realism when it comes to setting expectations when I feel it appropriate to do so. I suppose with my dependence on the performance of GHT some would say I should be ramping the hell out of it.

Finally thank you for those that supported me the other evening. You may rest assured that as long as I am a GHT shareholder, I will continue to share my views.

[philoosh] 02/6/2017 10:33

Well that rise was very short lived....

[gottafly] 31/5/2017 14:37

After a slow start, share price and volume creeping up.

[miti 1000] 31/5/2017 12:17

Reminds me of my mcgn a year ago when the seller finally went at 185. Its now at 320 and no ''beat' trading news in all that time. Needless to say, I added 25k yesterday and another 10k just now at 173.5.

[philoosh] 31/5/2017 10:07

No further moving today....

[coolhandal] 31/5/2017 08:59

Fast forward two years and we shall know..

[double double] 31/5/2017 08:53

We shall see if people come to reference share price rises to 450p/RTN days.

[gottafly] 31/5/2017 08:34

dd - I like your enthusiasm and support for GHT, so no criticism from me since I know nothing about charting/chartist. I do accept however that there are discernible buying patterns which reflect human behaviour which I presume drives the chartist.

Your knowledge of these things is clearly greater than mine but I think GHT is now a different company (same name, well almost) from the RTN days. So my view is that the RTN era performance should be ignored but that assumes a true chartist would do so.

In any event, as I said in my earlier post, why the movement now?

We have just had the AGM with no real trading update so 'steady as she goes confident progress'. The GHT website has not provided much news (certainly no new wins) the last major story being Ian Manocha named by Information Age as a top ten UK data entrepreneur in The Data 50 Awards, celebrating data leadership and excellence. A notable achievement - for him - but not the basis for a significant share price hike.

So why, after almost 6 months of treading water, is the share price moving up strongly again. Will it continue of fissle out? Is it based on a temporary demand shortage for shares?

It is great to see the share price move and we are now very close to the Cantor figure which I believe was largely based on 2017 forcasts. So with no further 'news' is GHT not now becoming fully valued, so why would the rise continue unless there is of course 'news' we PI's have no knowledge of.

[double double] 31/5/2017 08:31

Recent rises whilst there is no news announcements reminds of a post by schytalk about trading in the summer of last year. I had a look on Bloomberg, and there seems to have been alot of "insider dealing" from May 2016 to August 2016 and just before the start of the rises. It is quiet startling to see it in that way. "Insider dealing" not my words but Bloombergs. To be honest it doesnt bother me as long as share price rises.

Anyway for now share price looks overbought.

[double double] 31/5/2017 03:02

Agreed 4-10 but respect for others opinion or post is a two way thing. Whether you look at it over 5 years or 25 years yesterdays close was a major event. Not for the first time, there was no need to try and debunk others opinions or posts.

[4-10] 30/5/2017 21:54

Respect please double double we don't need to speak like that to each other here. I have been on this board since it started in 2005 and have been holding Gresham shares since 1999 and I have always respected richjp and his comments, they are both helpful and informative.
Remember those heady days richjp £4+ a share well maybe it will come around again. LOL
Thanks
Mike (4-10)

[crazycanuck] 30/5/2017 21:25

Richjp, ignore dd's comments. I know you regularly attend the agm's and I for one appreciate your feedback from those meetings.

[tacticaltrader] 30/5/2017 20:23

Sorry Double D I have to concur with richjp on this. 5 years is more than enough time for a Co like GHT to prove its worth. Looking back to the puff and wind dot com era is pointless.

[double double] 30/5/2017 19:42

richjp

Give others a chance! I know you like to own this BB. I have stated before I am an amateur chartist at best. I was merely making some observations regarding 1988.

However, you may not go back to the days of RTN and the share price then but I am sure intuitional and other investors who have been invested for a long time will be watching and comparing that period to what happens in the future.