Sec Newgate S.p.a Share Discussion Threads

[guildedge] 15/12/2020 22:26

Think the issue here is many private investors are selling up as money to be made elsewhere. I know a couple of investors who probably had 20-30k shares here who have sold out in last few months. Just dumping small amount as and when they can. Not to say this won't take back off but market sentiment on Porta has never been great. Till you get rid of Morton and his debt this may struggle. Any profits still being eaten up by third party holders. Not sold out yet here. I thought the directors buys were meaningless. Too few shares to really mean anything. EK earns 200-300k a year. She can afford 13k in shares 4-5 times over. This company needs another merger. Too risky really for any mergers right now? Can Sec turn this around? I think they have culled 20-30 staff at Newgate HQ including an accountant earning 200-300k. Still paying for an expensive London office. Albeit they have merged up Sec's other offices into the London one. Hopefully a TU in Jan. They seemed positive back in September just need institutions to back up this share. Profits need to be much stronger to cover debts. Not sure this is happening yet. They have cash to spend.

[fillipe] 23/9/2020 10:20

Even small buys add to the ASK, such as the 1000 shrs of today. f

[go_baby_go] 21/9/2020 09:51

They know its undervauled. Still expect £2 sometime next year.

[fillipe] 21/9/2020 09:17

https://www.investegate.co.uk/sec-newgate-s-p-a---secg-/rns/director-dealing/202009210935105709Z/ f

[geraldus] 21/9/2020 08:56

Yes you are right.RNS out showing Ms Kane dipping in again.

[go_baby_go] 21/9/2020 07:49

More than likely someone in the know. This stock is so undervalued.

[fillipe] 21/9/2020 07:47

That's a quite chunky buy at SECG following this mooring's RNS. f

[fillipe] 20/8/2020 07:47

A really excellent website at SECG; hxxps://www.secnewgate.com/ f

[go_baby_go] 19/8/2020 10:13

Think we will be comfortably above £1 by the end of the year.

[fillipe] 17/8/2020 15:13

Yes, the 80p possibility mentioned today, derived through Technical Analysis. Quite possible, I reckon - what with the current low mkt cap and number of shares etc. f

[go_baby_go] 17/8/2020 14:36

Looks like we are getting a correction, 80p+

[fillipe] 17/8/2020 07:09

Excellent news this morning. https://www.investegate.co.uk/sec-newgate-s-p-a---secg-/rns/first-contract-on-new-true--ai-platform/202008170700082050W/ f

[go_baby_go] 14/8/2020 08:00

This only has a Market CAP of 6m. I'd still expect this to be close to £2 next year.

[fillipe] 14/8/2020 07:27

Good to see the perky start of today. Lowest ask on show is now up at 46p and I can see this over 50p, even on small. Only 13.5m shares here at SECG and future buyers will soon need to fight for the stock. f

[go_baby_go] 13/8/2020 15:01

Could see this jump soon to 78-80p, then to £1. Company is in good shape.

[geraldus] 10/8/2020 19:13

I'm way down also.

[slevy8] 10/8/2020 18:07

I need £3 to break even after been in this since 2009 lol

[go_baby_go] 10/8/2020 10:51

Ridicules MakCap of 5.3m. This should be £1+ imo

[fillipe] 10/8/2020 08:52

Excellent RNS from SECG today. Now asking 40p - lowest on show. Soon they will come more to the fore as far as buyers are concerned. A more catchy company name might help. f

[geraldus] 16/7/2020 06:01

Very small cap. Here's hoping.

[go_baby_go] 15/7/2020 15:24

Well I'm looking for these to recover to £1+

[geraldus] 15/7/2020 15:08

Agreed,but unliked it would seem.

[go_baby_go] 15/7/2020 09:26

Yes, undervalued.

[geraldus] 15/7/2020 06:51

Any comment.Anybody here?

[roydyor] 13/9/2016 17:57

Their first acquisition is Newington and they will be moving their international headquarters to the London offices of Newington. Onwards and upwards from here. :)