Mayair Grp Share Discussion Threads

[adthorn] 02/11/2016 16:28

If we don't sell then the MM's can't perform the company buy back of shares at the lower prices which is clearly what they're trying to do with this blatant manipulation of the share price 30k of shares traded today with equal buys and sells yet 9% down! Hold firm and this will bounce back....

[breaktwister] 02/11/2016 15:45

May well drop to 90p as the MM try to scare weak holders. Look huge price drops over last two days but not much selling at all. Total price manipulation. They want to buy low (this means scaring the weak PIs) to fill their orders at a higher price.

[alamaison5] 02/11/2016 11:08

90p next, look at the charts...

[alamaison5] 02/11/2016 11:07

MAYA: Will never break 100p and stay there. So many institution want to get out.
REMEMBER? THEY TOOK IT DOWN TO BELLOW 50P?

[trustmeimastomach] 02/11/2016 10:50

If you can sell cantors are buying did it to me last week share price will inevitably go back up !

[wisteria2] 02/11/2016 10:06

Rns confirming new contracts is overdue! and when it arrives will put a floor under this..GLA HOLDERS

[whites123] 02/11/2016 05:47

Market update has to be coming pretty soon also.

[markiemark321] 01/11/2016 14:56

Must be an order in behind the scenes . Just managed to bag a few more at 106.5, but showing as a sell.

[jacobengel] 01/11/2016 08:55

What I find amazing is the huge list of contracts that were announced in May, June and July and nothing announced at the end of July, August, September or October during MAYAs buyback and yet the share price has more than doubled since 5th August.I don't believe MAYA hasn't secured further contracts in over 3 1/2 months but conveniently have failed to update the market. The share price is still 30% below the original IPO but with more transparency including contracts and an update on the new factory I believe the share price would be trading above £2 per share.Over to you MAYA - time to release some news

[qs99] 31/10/2016 15:30

someone took it up....now starting to close the gap...

[adthorn] 31/10/2016 12:13

23,000 shares at 105 this morning, wonder if that's why the Mm's have dropped the share price by 7%! Tempt sellers to fill the order...

[wisteria2] 28/10/2016 19:54

Well lets hope it continues!! at least till my line in the sand at £££;£1.29 GLA HOLDERS

[on target] 28/10/2016 18:10

The limits are on number of shares and total amount spent, not the shareprice bought at. So its hypothetically possible (as an extreme example) that they could spend the maximum amount but buy 1/10th of the limit of shares, i.e. buy 424,750 shares for an average of £14/share, and still be within the constraints of the buyback program.

From the 5/8 RNS:

"The buy-back will be for up to a maximum of 4,247,500 ordinary shares of no par value in the Group ("Ordinary Shares"), representing approximately 10 per cent. of the Group's issued share capital, for an aggregate maximum consideration of £5,755,750. MayAir has engaged its broker, Cantor Fitzgerald Europe, to undertake the buy-back on its behalf. "

[adthorn] 28/10/2016 18:05

There's still a minimum upside in this of 20% before we reach their buy back limit but due to the number of shares bought back below that, I think the 140 target will be raised to 180p. Tiny free float will support the progressive rise

[qs99] 28/10/2016 17:02

well done you jacobEngel, cracking trading. on that basis, anything else you are looking at at the moment please?! cheers

[jacobengel] 28/10/2016 16:54

Al101I don't recall seeing you deramping previously but welcome!I tipped this to several people back in July and at the start of the first buy back on August 5th! At that time the share price was 48.9!! By the time I went on my holidays I'd sold doubling my money! I purchased lots again in the high 60's and low 70's and sold some more today. There will most likely be another share buyback announcement on Monday and depending what happens I'll decide to wait or sell some more back to Cantor!Yes maybe not screaming buy as it was but utter tosh about fraud as many of the contracts announced are collaborated with the companies they've signed the contract with.Made a small fortune with this - look back to a 400k order back in August - happy to post the contract note.Thanks for your help!!!

[al101uk] 28/10/2016 16:38

Just pointing out that this isn't the "Screaming BUY whatever glasses you wear" claimed. Some may like to gamble and some may make money, but the underlying business at best burns cash and at worst could be a fraud. There are certainly signs pointing in that direction.

You pay your money, you take your chance.

Good luck to the people innocently investing/gambling in this one and as white123 keeps on saying on several different boards on advfn do your own research!

[qs99] 28/10/2016 16:27

whites 123, I'm with you and 10% up so far and am holding for more next week as the buy back continues...let's see ...gla, it is not for the faint hearted I get that....but at this rate £1.40 next stop. Good weekends

[whites123] 28/10/2016 16:16

Equally its a Malay originated company and TW is a master of gloom.
(Its so much easier to spread fear via doom stories than actually select a stock to do well)
(His tips for stocks to go up invariably fail, whereas to short stocks is easier as you just print fear....)

Whos to say though..
XEL, GKP to name but 2 darlings that have suffered and incurred wrath of holders.

Until I see anything with tangible evidence to suggest something is not right, then I will believe regulated news stories and bone fide broker notes.

[whites123] 28/10/2016 16:12

:-)

Thats the thing with these forums, one never knows what posts are in reference to... :-)

[patientcapital] 28/10/2016 16:06

Couldn't see your posts on mobile was referring to kev!

[supercity] 28/10/2016 15:55

The shareprophets story is nine weeks old - shows what they know

[qs99] 28/10/2016 15:40

Ok, not going to get into that game, Cantors seem a reputable outfit, share buy back is giving momentum to shares IMO, Chinese operational shares as you say are very high risk so you pays your money and takes your chances IMO...just think the board are hoovering up shares and therefore it is a trading play IMO/DYOR

[al101uk] 28/10/2016 15:25

A predominantly Chinese business with a tiny market cap, positive EPS of 12p, but negative cash flow of -23p per share.

What could possibly go wrong!

AIM, China & fraud aren't words you often see combined are they?

hxxp://www.shareprophets.com/views/23197/mayair-if-it-looks-like-a-china-norfolk-walks-like-a-china-norfolk

"In no particular order: Non executive director, Goldman Sachs alumni Jaques-Franck Dossin has two other directorships: Camkids and JQW both AIM China frauds which have been suspended. Its CFO Koh Tat Seng used to be CFO of Purecircle, about which I have written extensively. Mayair’s auditor is Crowe Clark Whitehill, book keepers to Naibu and many other defunct China frauds. Brokers Mirabaud have already been replaced. Part of the proceeds from the IPO were stated by Mayair as being earmarked for the construction of a new factory. This is straight from Naibu playbook and is a convenient method of “disappearing “cash during the endgame."