Andrada Mining Share Discussion Threads

[mohamed99] 17/9/2004 09:16

every time when i try to sell big buys give me stop to selling to day when yorkpharma up only 1 p up i try to sell and buy them but spread 4.5 p so i leave it .......wait for another move ....look forward to cly or FDC

[nilip] 17/9/2004 08:53

fat,

Normally your experience would be generally correct.


BUT you have to consider the situation here - in this case ATM floated approx 6 months ago at about 50p ! When compared to the likes of it's competitors Cardpoint & Scott Todd - Moneybox was looking cheap even at 50p !

ATM is relatively new to the market as opposed to the likes of cardpoint. Yet many, including myself, believe that ATM's business is in fact better placed to take full advantage of the ATM's business - I genuinely believe that ATM has a better business model that Cardpoint.

This is not a general share price rise, this is a slow recovery from what is a massive over done fall in the share price - simply because not enough investors are familiar with ATM as it is still relatively new to the market.

We're not even near a fair price for ATM yet.

So to return back to your point regarding %age upside - the share price fell on very little volume, it crashed by approx. 50% which was crazy and beyond comprehension, I do believe that we should at least recover back to the 35-40p mark again.

I bought another batch of shares today and will continue to do so as and when I have the funds.

This is an amazing oportunity to buy very cheaply into the ATM revolution and also into cashless payment systems.

As mentioned before, ATM (MoneyBox) is generally considered by many, including myself, as the 'Best of Breed' in the ATM sector IT IS ALREADY BY FAR THE BGGEST ATM OPERATOR - BIGGER THAN THE LIKES OF CARDPOINT AND SCOTT TODD.



IN FACT, IT's WORTH NOTING THAT NOT ONLY DID THE SHARE PRICE FALL ON VIRTUALLY NO VOLUME, GO AND LOOK AT THE TRADES (through advfn) ON THE 13th SEPT WHEN THE PRICE FELL ... YOU'LL SEE THAT HARDLY ANYONE WAS SELLING - QUITE THE OPPOSITE, SO, IN FACT, THE PRICE HAS FALLEN NOT ONLY OF VERY LITTLE VOLUME BUT THERE WERE HARDLY ANY SELLERS, MANY WERE IN FACT BUYING WHILE THE SHARE PRICE WAS FALLING KNOWING THAT THESE ARE LITERALLY 'REDICULOUSLY' CHEAP.

IF YOU DON'T BELIEVE ME - GO AND LOOK AT THE TRADES FOR THE 13TH SEPT. - YOU WILL ALL BE VERY SURPRISED INDEED.

[fatnacker] 17/9/2004 08:39

sportbilly thats just my view I could and have been wrong in the past, but if you got in at 20p or less then a 25% gain in a week is good going.

[markycrispy] 17/9/2004 08:37

Having got in at 20p(which seemed like a brick wall for a while) we seem to be motoring.
I think I wil take out the capital today and leave the profit in for the ride.I know diddly squat about this company but it does seem to be gaining some support

[mohamed99] 17/9/2004 08:30

at 23 i got 23.25 bid now the prize is 23.5 bid drop to 22.55 offer goes from 24 to 24.75

[sportbilly1976] 17/9/2004 08:19

25% of the fall from 40 - 20 is 5p...which takes us to 25p...no real upside left then !!

[fatnacker] 17/9/2004 08:12

nilip hope your right about 30 p next week , my experience tells me to look for a 25% bounce (thats what this is).

[nilip] 17/9/2004 08:06

My prediction remains ... 25p by COB tomorrow

30p next week.


I expect ATM to rise back quite significantly - we may not resume over 40p for a couple of months IMO but I think we will reach the 35p mark over coming weeks.

Mark my words.

[cashmagnet] 17/9/2004 07:57

Trade Types
O
Ordinary Trade
B
Broker to Broker
K
Block Trade
LC
Late Correction
M
Market Maker to Market Maker
N
Non Protected Portfolio
NM
Not to Mark
NR
Ordinary SEATS Trade
P
Protected Portfolio
R
Riskless Principal at Different Price
RO
Result of Option
RT
SEATS Risk Trade
SW
Stock Swap or Stock Switch
X
Agency Cross or Riskless Principal at Same Price
AT
Automatic Trade
T
Single Protected Transaction
VW
Volume Weighted Average Price

[kanwar] 16/9/2004 17:12

thanks for the advise....fatnacker. goodluck tomorrow!!!!

[fatnacker] 16/9/2004 16:58

if you look under the advfn help files you will find a list of all the trade types, I printed it and have it pinned to the wall in front of me for easy reference. o = ordinary trade within nms t = a protected transaction could have gone through the market in smaller lumps and reported later on usually over the nms

[kanwar] 16/9/2004 16:44

Anyone...what the diff between an 'O' and 'T' trade? many thanks.....

[sharareh] 16/9/2004 16:36

Ready for 30p??

[iantc] 16/9/2004 16:13

another 1.75m off inst buying

[mohamed99] 16/9/2004 16:12

buy or sell.......1 or 2 or 3 hours ago bid was not at 22 .......... i hope buy

[fatnacker] 16/9/2004 16:07

some big juicy buys come in though.

[fatnacker] 16/9/2004 16:01

nice to see this move up a bit , dont hold myself but watching , as i read some of the posts i get the feeling that some think there is only upside to this situation ,please dont forget that it fell for a very valid reason , if you can make some cash on the bounce then very well done but dont fall in love with it, been there before.

[bullandbear] 16/9/2004 15:50

yep said on iii few hours ago the offer should end above 23p.. great stuff bodes well for 2morrow

[iantc] 16/9/2004 15:47

offer moves to 24p ,looking good

[iantc] 16/9/2004 15:43

nice to see the tick up ,those were big buys yesterday ,so someone tucked away 3m at 20p ,could see 30p next week as nilip says

[mohamed99] 16/9/2004 15:42

comdirect.........22.25 to sell................23 to buy....................prize now 22 ...another move very shortly

[mohamed99] 16/9/2004 15:38

yes ...it goes up

[kanwar] 16/9/2004 14:53

it would nice 'if' we end with a bid of 21p by close.....bodes well.

[mohamed99] 16/9/2004 14:39

ANOTHER MOVE SHORTLY......................................................

[kanwar] 16/9/2004 14:34

I'LL BE MORE THAN HAPPY TO GET OUT AT A BID PRICE OF 25-26P