Sealand Capital Galaxy Share Discussion Threads

[mister md] 27/7/2017 12:10

wasn't fail-ia ramping GCM the other day just before it plummeted again ?

[maytrees] 27/7/2017 11:56

So far tidy 2 has it right though will see what pm brings.

[love it] 27/7/2017 11:26

Was the 11916 your trade falia, all that spamming and ramping just to make around £8 lol

[mister md] 27/7/2017 10:24

illiquid
massive spread
low volume

surprised the p&d crew bother with it ;)

[ny boy] 27/7/2017 10:15

Avoid imho

[falia] 27/7/2017 10:14

yes 8.55-9.6p

[hiddendepths] 27/7/2017 10:09

Agree in general about MOU. But this one looks like a very shrewd target. Also shows that the company is well and truly alive and doing what it was set up for. Management well regarded. Worth a flutter at this level IMO. Real spread 8.58-9.54 a couple of minutes ago.

[love it] 27/7/2017 10:06

I've been warned never to buy a stock falia is spamming and ramping and my friend is not wrong. He was all over Halo last week and the price has tanked since and Falia quickly vanishes from the thread to move onto the next pump and dump.

[falia] 27/7/2017 10:05

offer going up again

[maytrees] 27/7/2017 09:59

Either of you could be right - there is so little actual info that one has to take one's chance or run.

[tidy 2] 27/7/2017 09:56

You can buy but can't sell with profit. Run.

[falia] 27/7/2017 09:56

100% by end of day

[maytrees] 27/7/2017 09:48

8p bid 10p offer now - ludicrous surely!

[maytrees] 27/7/2017 09:45

Greetings falia and tidy2

I bought a few at 8.44p earlier then a few more at 8.5. The increase in the offer share price to 9.50 gives a ridiculous spread. Although the overall gain so far today is over 50% this is nearly all caused by the increase in spread.

Still perhaps worth waiting and seeing.

[falia] 27/7/2017 09:32

watch it go 100% sometime today,

[maytrees] 27/7/2017 09:23

I invested in a few today at 8.5p.

[maytrees] 27/7/2017 09:22

!FOLLOWFEED
There is very little published about this company possibly because the company has seemed little motre than a shell co. since its admission to AIM in November 2015 and its temporary suspension pending a t/o some 4 months later.

However today's RNS gives more information and has caused the share price to show some life. It reads:

"Sealand Capital Galaxy has confirmed that it has entered into a non-legally binding memorandum of understanding with certain majority shareholders for the acquisition at least 51% of Rightyoo (Guangzhou Ruiyou Information Technologies).

The MOU isintended to record the preliminary mutual understanding between the parties and to serve as a platform for further negotiations in connection with the Proposed Acquisition.

Nelson Law, Chairman and CFO of Sealand, commented: "Our strategy is to grow through acquisition and organically, within the social media and mobile industries. This potential deal represents an excellent opportunity for us to build upon an instantly recognisable brand across APAC and beyond, which we believe will steer an increase in traffic to our social networking platforms, Metalk and SecureChannel.

"We continue to look for new investments and acquisitions with high growth potential and, within the next three years, we hope to have a portfolio of businesses that are individually profitable and when combined, may yield exponential growth results through the synergies of business."