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[kazoom] 02/1/2018 16:03

Who (or what) is "What"?

And on what is it going?

Oh, and where to?

[monty68] 02/1/2018 15:10

What is going on!!!!!

[pru dent] 02/1/2018 12:11

Great start to 2018!
Once again our own Broker Marches the price down further....

[pru dent] 29/12/2017 18:38

Great finish to 2017!
Once again our own Broker marches the price back down again.....

[runthejoules] 21/12/2017 22:53

LionelH when volume is low a few sells in a tightly-held stock can precipitate a disproportionate fall. It's a buying opportunity! Not that I had any more money to put in. Perhaps someone with level 2 can tell us a bit more about volumes over the last few weeks? GLA.

[lionelh] 20/12/2017 16:53

A welcome rise today, I was beginning to worry as well, though I got in about 2p a few years ago. I was unable to sell part of my holding at 12p a few weeks ago for a reason I still cannot understand. The precipitous fall in the share from 12p to barely half that in a few weeks I have found very hard to understand, to be honest, as the fundamentals are the same. Hopefully there will be a Christmas rally for it to recover more of its value.

In the current environment what appears to most to be a small negative results in a wholly disproportionate fall in the share price

Personally I do not think we'll be looking at 20p any time soon. You never know, though. A few contract wins could result in some upward movement.

[monty68] 19/12/2017 15:01

Well, they dont seem to be making a very good job of achieving their target price!!

[kazoom] 19/12/2017 13:47

£136,000 ! ;-)

But really it is more than that. As they have maintained the revenue forecast at 10% growth, without margin erosion and/or extra spend on sales (which was been flagged) you'd have expected them to up the EPS forecast by maybe 0.5-1 p

Either way though I don't get why you think a broken relationship between IGE and Cantor?

[waggle] 19/12/2017 13:21

kazoom, do you really think that a company with the amount of FX exposure which exists here etc etc can predict earnings to within 0.1p..as in £13,600.46?? normally a tolerance of 5% is acceptable and this is sub 3%

[kazoom] 19/12/2017 11:27

Not sure why you think that would infer a broken relationship?

If Cantor downgraded the earnings forecast, surely that is because that is where the company steered them? It's in no-one's interest to overstate the potential surely?

[waggle] 19/12/2017 10:52

Cantor would have had input into the editing/approval of the statement.the putting out of a downgrade of 0.1p is symptomatic of a broken relationship with Cantor imho... it is not material. The company were surprised by the fact that Boundary took two bites of the cherry and frankly my conversation revealed a naiivity with regard to the management of the whole sorry ferrago. it appears that we are faced with the same old problem of the brave new age we live in, as in Brokers will no longer hold stock and will dispose/dump at almost any price to keep complance in check....

[kazoom] 19/12/2017 10:06

I haven't seen the note, but I understand Cantor reduced their EPS forecast from 0.4p to 0.39p.

Not much admittedly, but if they were expected to be growing I would have expected that forecast to increase.

So it appears that Cantor also saw the outlook statement as negative.

[peterblok] 19/12/2017 09:38

Any feedback from your contact with the Company that you can share with us Waggle? (post no 5436). Thanks in advance

[wilmdav] 18/12/2017 18:10

I've done the opposite, although not today because I am already heavily overweight.

[spawny100] 18/12/2017 16:32

Agree something seems not right here PD but no idea what. I went with gut instinct and got out around 10 thankfully.

[pru dent] 18/12/2017 16:29

something not right here! If you look , every downward move today has been initiated by the company's main broker, who have a price target of more than double this level.
If it swims like a fish......

[simso] 13/12/2017 10:36

Obvioulsy this "flipping" may explain some of the fall in price, and I have seen several instances this year in different companies of a large seller disposing at a discount rather than go through a messy process of drip feeding sells over a longer period. The share price has generally recovered within a month or so.
I think the bigger issue is the words used in the Outlook Statement around not knowing the exact timing of orders being delivered...and that being perceived as a possible warning.

[barnetpeter] 12/12/2017 17:56

back to 5/6p I think. Low for year 4.5p? Note it was 2p last year so plenty will be in profit.

Sold some at 12p but not enough it seems. Not a seller at this level myself; but wont add at this level either as I think it is going lower yet. Nothing wrong just people see other areas are rising fast and this seems a bit too staid. The last statement was fine but a bit neg for some....no divi for years and some orders pushed back.

[assagai] 12/12/2017 17:03

Well I would prefer another description..
This is one "large holder" who isn't but that's not to say I don't regret that now.

[pru dent] 12/12/2017 16:26

7P . Shareholder value destroyed! Maybe the company would care to explain this?

Do something!

[filterwest] 11/12/2017 13:29

Don't worry this is going back up to 12p in no time. The results are good but delay on some contracts.

[waggle] 11/12/2017 11:00

"flipping" of that nature is totally illegal, it is called insider trading by any other name. If this is the case then it behoves both teh comapny and Cantors to make a thorough investigation and to also to ask the FCA to do the same. I shall speak to the company on the matter.

[shabbadabbadoo2] 08/12/2017 16:33

Monty - according to Paul Scott (Paulypilot) on Stockopedia, there was a placing at 8p recently. The shares were placed by the selling insti, not the company. So obviously there were a few who flipped the shared, hence the sudden drop, and there is now probably an overhang that will result in selling whenever the price rises much over 8p.

hxxps://www.stockopedia.com/content/small-cap-value-report-wed-6-dec-2017-ige-ezh-pla-rhl-num-mai-249693/

Placing - an interesting situation developed recently. A large shareholder wanted to sell some shares, but as with most small caps, the market was too illiquid to take them. So the shares were placed through a broker, I think it was Cantors. I took some stock in the placing, at 8p, to add to my existing position. This price was well below the market price at the time (which had been around 12p at the time the deal was initiated).

Now clearly, person or persons unknown must have taken some stock to flip it for an instant profit. That's very annoying. So the open market share price has been dragged down to the 8p placing price, at which level flippers stop selling, because there's no profit to be had.