Journeo Share Discussion Threads

[kazoom] 09/3/2021 19:45

Anyone else wondering if it is time that the company needs to issue a "we do / do not know of a reason for the share-price movement" RNS?

This is such a tiny cap with so small trading volumes, but the moves do seem "interesting".

[spaceparallax] 09/3/2021 17:25

Well, that officially means a marker on the graph above 100p

[vfast] 09/3/2021 12:23

Anymore buys and it will push up again...MM's are still looking for stock may be before the final results come out.

We could see this trading over the 100p level soon.

[vfast] 03/3/2021 18:25

spaceparallax, it looks like a buy to me.

weatherman, you are second person today who has indicated that it could be due to government investment in green transport and infrastructure which JNEO should do well out of it.

It did comeback after being approx.30% up but no surprise there and think the MM's are still after stock. So after it settles down I believe we will have another push up.

[weatherman] 03/3/2021 14:13

The rise may be related to government investment in green transport and infrastructure. From BBC: New UK Infrastructure Bank to be set up in Leeds. It will have £12bn in capital, with aim of funding £40bn worth of public and private projects.
£15bn in green bonds, including for retail investors, to help finance the transition to net zero by 2050.

[spaceparallax] 03/3/2021 13:43

Was the 4003 @ 112.21p a buy or sell?

[vfast] 03/3/2021 12:49

Could be a long overdue rerating. If they can hit WHI 2021 forecast the share price still has a long way to go....£2!

[spaceparallax] 03/3/2021 12:36

The only trade so far declared today, that I can see, is 500 shares bought at 11.57.

[spaceparallax] 03/3/2021 12:33

I wonder if the Company have been negotiating significant deals behind the scenes that are insufficiently advanced for public knowledge but enough to interest related parties. Doubtless all will be revealed in coming days and weeks - presumably an RNS is obligatory in answer to the extraordinary rise in sp

[weatherman] 03/3/2021 12:29

What is driving the rise ? Although above 100p is only where it should be.

[dealit] 03/3/2021 12:24

Maybe a takeover is on the cards???

[spaceparallax] 03/3/2021 11:56

Touchpaper lit.

[vfast] 03/3/2021 11:51

MM's biding for up to 97p for up to 43,000 shares.

Someone is desperate for stock...happy days!

For the JNEO shareholders that have stuck with it over the years let hope it's now our turn to get rewarded.

[mgsmith] 03/3/2021 10:43

There's a big beast out there

[vfast] 03/3/2021 10:04

MM's are biding up to 92p for stock!

So doubt you will be able to buy many at the offer price of 92p.

Anymore buys and it will push up again!

[kazoom] 02/3/2021 21:28

It's interesting vfast but with an average of less than £15k being transacted everyday I don't see where the 'out' his here, unless they get snapped up by a bigger fish.

[vfast] 02/3/2021 14:24

Just checked with HL stockbroker online services and the MM's are now biding 84.66p for up to 37,000 shares. Pressure on to start the move up again.

The buyer/buyers are back looking for stock!

Final results out this month.


Edit added 4.19pm.

MM's are now selling at the full offer price of 90p as per last trade.

[mgsmith] 18/2/2021 18:44

In the end we can all speculate about potential investors but as you rightly say the key thing to the future is contract wins/purchase orders generating good numbers going forward about which I'm optimistic

[vfast] 18/2/2021 16:06

I hope you are right MGS however I still believe it is one or more PI's.

Whatever, it's still good that investors are seeing potential here now.

A few more contract wins / PO's will get it on to more investors radar plus positive results in March wouldn't do the company/SP any harm either!

[mgsmith] 18/2/2021 14:12

I cling to the view that one or more NEW institutional investors are sniffing around, which can only be good for the share price

[vfast] 18/2/2021 12:41

You can sell 25,000 shares at 82.08p so that would indicate a buyer is after shares (online deals HL Stockbroker).

However it is always hard to tell and only the broker and the MM's will know.

If it is one of the institutions we will find out when they cross a notifiable level.

Added 1:50pm

There are only two institutions, Canaccord Genuity Group & Slater Investments Limited.

Canaccord Genuity bought a stake December 2019 in the share placing and in April 2020 Colin Stone bought in with another placing.

I don’t think any of the major PI’s shareholders are selling and most of them have added to their holdings in the placing in 2019.

Just trying to work out if one of them is selling and why?

[jones1961] 18/2/2021 10:22

There is a seller out there. I can buy stock at 83.6 when bid is 82, offer 90. I have bought twice over the last few days, and offer still there. What appear to be sales I would say are in reality purchases...my purchases certainly appear as sales. Would imagine it is one of the institutions, but why selling no idea.

[vfast] 17/2/2021 19:42

MGS, from what I can gather it is retail investor(s) after stock. The MM’s don’t have much stock on their books hence the share price movement.

MM’s might try and play around with the share price to get some shareholders to part with their shares.

There is over 50% of the shares held by the 7 major shareholders and Directors so if there not selling they need to look at the small shareholders.

Out of all this it appears JNEO is attracting some interest in the market place now!

[mgsmith] 17/2/2021 12:33

My guess and its only a guess is that somebody wants to make a major purchase and that the MMs are desperately trying to acquire stock by pushing up the bid price watch out for an RNS

[weatherman] 17/2/2021 11:10

Rising again after pull back