||EPS - Basic
||Market Cap (m)
Interquest Share Discussion Threads
Showing 626 to 649 of 650 messages
|Just taken a nibble here whilst it is quiet.|
|Panmure Gordon have dropped their forecast EPS for 2017 from 7.6p to 7.5p, and have quoted EPS of 9.6p for FYE 2018, with forecast dividend for both years of 1.6p. We will see! As it stands of course 2018 is pure fantasy at the moment as the new business model is unproven, but we did get a cautiously optimistic outlook statement with the Final Results, so fingers crossed for the first half of this year at least.
As for getting to 50p, obviously at the moment every time we approach 40p sellers come in, and I can't see any price appreciation above this level until:-
(1) The sellers are cleared out,
(2) There is some director buying at the current levels, which should change investors perception of this stock. We are now into the 3rd month of 2017 and if the new setup is working then if I were a director I would seriously consider buying at these depressed levels. It will be interesting to see if there is any over the next few days,
(3) Institutional buying of course, maybe some recovery funds will join the party?
(3) Last year a trading statement was released on 27 June. If the next trading statement is in-line with management's expectations then that may change sentiment and a re-rating may occur if it hasn't already.
I'm holding unless there is more bad news, good luck to all!|
|Sooner or later this will break through 40p and the mid 30's will be a distant memory, this is not a ramp, I just think it is inevitable.
The business seems to have stabilised, debt is reducing and forward pe rations are around 4 - 5 so plenty of scope to rerate, my initial target is 50p within three months.|
|Except those sellers at 8.00 am yesterday !|
|rises on little volume too....all it needs is a few buys and we all make money|
king kong dong
|Looking strong again|
do you know what factors influence an MM's decision making when moving their prices up or down?
I have no direct experience of market making but my understanding is that the vast majority of the time they are simply reacting to supply & demand. The way they profit is by having the maximum volume of trading so they will simply move the price to reflect the buys and sells and end with a neutral book.
Of course buying and selling behavior is not as logical as economists would have us believe. While normally a price drop in a commodity would cause people to consume more, when it comes to small cap shares then a drop in price might actually cause selling due to people worried that someone else knows something they don't or due to stops.
I'm sure market makers do make use of this behavioral anomaly occasionally to generate sells by dropping the price not raising it - the so called 'tree-shakes'. But it is probably indistinguishable from them simply receiving a large sell order. It is also a risky strategy for them since they may just generate buying volume. And of course there is usually more than one market maker so the response they want cannot be assumed. I personally think this tactic will be used a lot less frequently than most assume.
The answer to this is to know your companies well, invest in companies that don't tend to leak information and don't use automatic stops (or if you do accept that they have done what you asked them to.)
Anyway back to ITQ - I was pleasantly surprised with the results today - in line on adjusted EPS, vast majority of adjustment genuinely non-cash and one-off (goodwill impairment) net debt down and relatively positive outlook. If they can deliver on that outlook then I expect the share price to be significantly higher in a year's time.|
|Well what swings in trade .Down 10 percent up 16.5 percent and finishes unchanged .Small caps for you !|
|Your welcome king dongWhat were you saying re twenty percent rise ????Even bigger from today's low !Probably a few punters regretting selling first thing .Sicknote|
|How predictable, first thing mugs sell, once they are out reality kicks in and the price is now heading up nicely, I can see these having a very good few weeks, I reckon we will see 50p before too long.|
|Appreciate your posts this morning s34icknote....|
king kong dong
|I tested this with a dummy sell this morning. 20 k at 35 p when Advfn was selling at 33.5pBuyers in the wings realising we are on a pe of five Sicknote|
|A few buys coming in now....paying over the price too.|
king kong dong
|Same old story, headline figures scare mugs into action, I was hoping they took it down to 30p, I was planning to double holding.
These will be 50p plus within 12 months.|
|Surprised we opened down Punters panicking for no reason . Loss is goodwill only. Look at underlying figures.Expect some director buying today at these levels.Sicknote|
|Happy with those results, reduction in debt is very impressive and key for me, if this continues to come down this company should be worth 30 - 40 million imho, current market cap is only 13 million !|
|I hope you guys are right !|
king kong dong
|Yes it looks like they've plugged the holes and have refocused the business. It would be nice to see some upside today, but 20% may be optimistic. Good luck to all other LTHs.I think we will see a very different set of results in 12 months.|
|In line 7 p eps Debt down from 9.9 to 5.8 m Business adjusted to adapt to new environment . Ship has steadied without a further profit warning .Would expect this to rise to 45p 50 p in the near term till next results .Dividend as well .Can see this up 20 percent today. Good luck all dyor Sicknote|
|good rise today ahead of results.|
|Good points danger - just to further my knowledge, do you know what factors influence an MM's decision making when moving their prices up or down? I did read this somewhere once but didn't make a note of it and regretted it ever since. I do remember it basically saying it was supply/demand, i.e. the buys and sell orders, and company fundamentals influenced them the least.|
|Buys and sells are not published by the exchange just the trade details. In fact every trade is a buy and a sell just some of them may be traded with a market maker. The reporting software that advfn etc use try to guess if it was a buy or sell based on the mid-point of the published spread at the time of the trade. Late trades like the 75k often confuse the simple software algorithm.
[As an aside you often see conspiracy theorists complain that 'mm's marked my buy as a sell' as if the mm's were trying to hide the information to manipulate the published price. In reality the mm's provide no such info for any trades and they were simply lucky enough to be able to buy below the published mid-price at the time!]|
|Nervous pi been selling this down, with few buyers mms just mark it down. Could be a great top up time for the brave.|
|According to Sharescope it was a buy, the trade went through just after the price dropped. Also Sharescope shows the 25k transaction just before 4pm as a buy at 33p.|