Panmure Gordon Share Discussion Threads

[cyberbub] 15/10/2014 19:37

Even so, on hard numbers these should be a bare minimum of 50% higher IMVHO... but as you say sentiment is dominating...

[salpara111] 15/10/2014 19:21

Well, the market is collapsing and every day now there is news of another cancelled float so sentiment is not in favour of the sector now.

[cyberbub] 15/10/2014 19:08

We need it pronto...

[discodave4] 14/10/2014 20:05

Possibly the monthly 20,000 share purchase tomorrow for the EBT.GLDD

[isis] 14/10/2014 16:52

Well I'm hoping that this was the bargain month of the year - in fact I'm pretty sure it is!
Loads of cheap/er stocks!

[cyberbub] 14/10/2014 16:50

What's that weird colour on my PMR monitor?!

[sailing john] 14/10/2014 12:46

Added sub 130

SJ

[isis] 14/10/2014 10:18

AIM is officially in a Bear market - although it is mainly down to Oils and Miners.

[hastings] 13/10/2014 14:21

A few thoughts that may be of interest.

[cyberbub] 10/10/2014 16:46

Not been a great day, but an encouraging recovery - the chart shows support at the level of late 2012.

[isis] 10/10/2014 16:14

Wrong thread. lol

[cyberbub] 10/10/2014 14:35

Why did you post that Isis?

[cyberbub] 10/10/2014 13:48

All the stop losses being triggered in the wider markets today will probably be boosting broking revenues at companies like PMR! LOL

[cyberbub] 10/10/2014 13:40

Real offer price is 127p so that 4k is a buy.

[isis] 10/10/2014 13:14

Well if they're using Ebola to spook the markets then it could be over pretty quick.

[isis] 10/10/2014 10:54

Walker Crips had been holding well but alas down 10% today.

I think the key lies in the woes of the Eurozone now which makes up such a large part of World trade and also our own largest trade Partner.

They need proper QE stimulus - this would be a game changer.

[isis] 10/10/2014 10:48

I don't think we're in a Bear Market personally.

Many of the floats this year have been overpriced - if they are priced sensibly then there isn't a problem.

I suppose there is a lot of pressure on the Brokers to deliver the highest price often exceeding the sector average of those Companies, but floating companies too high and then watching the price crash is not a good option either.

Panmure to date have been one of the better ones. Most IPO's this year are underwater.

Greed is a problem with these Floatations.

[salpara111] 10/10/2014 10:26

I guess a lot of it is down to the fact that PMR make a considerable amount of their income from IPOs and secondary fundraisings and in the current bear market there are going to be a lot of pulled floats.
I read very recently that Miller Homes had pulled its float citing adverse market conditions.
I guess if the deal flow dries up then there would be some substance to the falls but not to the extent that they have done.
I bought these originally at 105 and sold them at 170.
I recently rebought at 147 and have to say that I never expected to see them back down at this level.

[isis] 10/10/2014 10:24

Likely some stop losses were triggered.

Fools!

[pyemckay] 10/10/2014 10:13

bought this morning. Im hopeful that the drops are nothing more sinister than its liquidity

[discodave4] 10/10/2014 09:18

Salpara,Small caps, especially illiquid ones seem to be taking more of a hit, I guess because it's easier for the MM's to trigger stops and start to panic PI's then pick up cheap shares to fill orders? WTFDIK!.If the fundamentals are solid, and they are, and the stock is undervalued, which it is, then just hold and be patient....value will be realised eventually (that's what I keep telling myself anyway!).GLDD

[discodave4] 10/10/2014 09:09

For the last 6 EBT purchases the share price has not fallen by close......somehow the way the market is at the moment today may be different!, hope not though.GLDD

[salpara111] 10/10/2014 09:09

Just don't get it, unless there is something going on in the business that we don't know about, for example if they announced that they has lost a team of employees to another broker or something similar.
In theory this is an absolute bargain but I cant bring myself to buy more at the moment.