Anyone only dealing in auctions needs to change brokers.Knowing how to deal is my chosen subject so feel free to DM me.Don't give MM unnecessary money. |
Interactive Broker sucks for AIM:
This stock trades on the SETSqx segment of LSE, which means the stock only trades electronically at specific auctions. There are 5 daily auctions at 7:50 (8:00), 8:50 (9:00), 10:50 (11:00), 13:50 (14:00), 16:30 (16:40) London Time. The majority of the trading activity for such stocks takes place non-electronically, over the counter through market makers, a facility which IB does not offer. For more information visit The SETSqx LSE website:
hxxps://www.lseg.com/areas-expertise/our-markets/london-stock-exchange/equities-markets/trading-services/domestic-and-european-trading-services
If there is volume in the auction and your order has a competitive price, you can get a fill at the electronic auction. If you check the LSE website (londonstockexchange.com), you can search by the symbol. If you see "Trading Service = SETSqx" in the description page under company information, then you know its an auction only stock. |
How does the AIM market work? Not the first time I didn't get filled with a better offer.
My broker is Interactive Brokers btw. |
Bought another 44k at 40.7p16p below a recent indicative offer . Hope I'm not crazy : ( |
There may be an agreement that the final project is cancelled. The company is in negotiation with no option off the table. The management are very cagey about publicly quoting numbers in the middle of a negotiation. |
It didn’t started yet. |
Only just listened in to the YT link, too much work!
I couldn't hear any inclusion of a provision for the final contract is that correct? I would have thought some should be included. Did I miss something? |
I think TS would have gladly paid these couple millions extra for the increase in certainty about DCB. Soon only one project remaining. |
Yes I was wrong about Dcb .Can't see TS selling having wanted to buy us out at 56p albeit when we had lower losses on DCB ! |
I was right nico115, and you were wrong!
I'm not into calling names like you, but you are lacking in intelligence. |
nico115 - 09 Feb 2024 - 14:28:24 - 341 of 447 Kinovo PLC - Specialist property services Group - KINO
Millions ? Wow
1.4m so far ,I think 2m top whack so 600k more but hopefully im wrong !
However I also think we will blow away 6.2m due to …
“Without accounting for additional works crystalising from Kinovo's pipeline as the Group enters its peak trading season”
Hmmm ..what’s that tell you Forensic ? |
Forensic - 09 Feb 2024 - 14:09:35 - 340 of 446 Kinovo PLC - Specialist property services Group - KINO
Time will tell re costs. I wouldn’t be surprised to eventually see more cost increases in the millions….we could have some more bad weather… |
Lol Forensic you're certainly the village idiot . |
Maybe its Tim selling |
That's quite funny Nico. I think what's scary is that Tim might buy us out on the cheap |
What's scary Tim? |
Down another 6%. Scary |
It's all water under the bridge.
We need to look to the future.
I'm sure there have been hard lessons learned. |
It does sound like KINO mgmt didn't have any time limit on the work they were liable for when disposing of DCB.At the very least they should have checked the work carried out before the sale of DCB on projects that had been started but were not yet finished and rectified that work before doing the handover.On projects that had not yet started, and the remainder work on projects under way they should have been all over it when the work was being carried out with penalties for shoddy work. That level of oversight should have been built into the contract. It does look like a handshake deal between old mates that has gone seriously wrong for KINO. Or have I misread it ? |
Confused... the question is accountability - who was DBC management reporting into and how was it allowed to get to this situation?... |
Disposal maybe but not the issues. Disposal or not it would still have cost a fortune to sort out |
Not so. The whole farcical DCB disposal to MCG Global was handled by the current CEO David Bullen and Chair Sangita Shah in January 2022. |
Previous management |
Presentation... "Legacy operational issues" whose watch did these occur on?... |
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