Stenprop Share Discussion Threads

[martin44] 17/6/2008 22:46

If and when it happens we can be sure that good value will be added and there will be a swift return on the investment. This is what it is all about.....

[martin44] 17/6/2008 22:46

If and when it happens we can be sure that good value will be added and there will be a swift return on the investment. This is what it is all about.....

[james t kirk] 17/6/2008 21:02

Guys, there's very few of us here and long may that continue, but lets not get carried away with posts that would easily considered as ramping. The very fact limits had changed to 150k each way does indicate the books are more evenly balanced than you suggest tara..

I still hold the view that any placing will be closer to 1.5p than 2p, but the key is not the placing price but what company is purchased and what value that adds to STP in the long term..

[butch9850] 17/6/2008 19:44

It looks like a 2p walled city, which is fine by me. There's plenty of foot soldiers willing to sign up for our advance on the 'skies the limit' telecom sector.

[tara7] 17/6/2008 18:54

The two huge trades of 1.500,000 each may well be a rollover, but might have been buys from days ago. Not sure of the new reporting rules, when over 50 times market size, or 100 times when added.

[tara7] 17/6/2008 18:38

Placing price of at least 2p looks on the cards, looking at the last few days buying.The buyers over the last few days would not want to pay over the top for the "old" shares if they were about to buy a shed load cheaper.

[tara7] 17/6/2008 18:31

On line was 150,000 each way, again do not read to much into that.

[james t kirk] 17/6/2008 18:27

SAGEM, that was a rollover, so you can ignore it. However theer has been some decent buying generally over last week and the sell off today wasnt surprising although it did well to hold up.

I would have been interested to see the online limits near the end, but I'm too busy working at the moment to follow all the action. Between this and CRA I've had a good 10 days ;0)

[sagem] 17/6/2008 17:54

Well just look at that 2x1.5 million gone through...we should get a rise tomorrow
the market makers will want our shares.
I am sure news is just round the corner, somebody know something we dont as usual.

[tara7] 17/6/2008 17:22

What ADVFN put down as buys and sells is wrong, [poor guide] MM are very, very, short of stock,would love to get the price down.

[donnatella] 17/6/2008 17:16

And a 1.5 million rollover earlier by the look of it.

[james t kirk] 17/6/2008 17:16

How did you work that out? Just got back in and I'm seeing mainly sells, which isnt surprising as there was bound to be some hot money in here and any sign of weakness has seen some selling, but price held up well.

[tara7] 17/6/2008 15:02

Loos like 4 to one buys again today.

[tara7] 17/6/2008 14:54

100k buy just gone through and MM marks the price down.!!!!!!!!! They are working overtime to get stock in.!!!

[profiting] 17/6/2008 12:25

I'm with you and also not complaining but it is strange how this BB is so quite despite being on the leaderboard on a regular basis.

I prefer it this way as you don't attract all the pump and dump merchants but unfortunately I think they will turn up soon !!!!!

[someuwin] 17/6/2008 12:09

You have to ask, where are all these trades comming from? Not a massive volume in cash terms but for the last few days there's been a constant stream of smaller retail buys (and a few sells).

This seems completely off the radar of most on these BBs, so who's doing all the buying? Is it people 'in the know' about the potential purchase? or perhaps news of better than expected results? Or something else?

All very strange - but i'm not complaining!

[profiting] 17/6/2008 11:58

Keeping mine as I believe the story is just beginning and why sell when trading update is due unless you think it is bad news.Where's Tara today very quiet again on here.

[someuwin] 17/6/2008 11:50

Quite a few sellers out today, hardly surprising after a good run. It might be good to get a bit of consolidation at this level before the next leg up.

[someuwin] 17/6/2008 09:15

ticking up now

[butch9850] 17/6/2008 08:50

not much of a gain for all that buying, and late buying yesterday too!

[someuwin] 17/6/2008 08:46

constant buying again.

[profiting] 17/6/2008 00:29

JTK It is probably more surprising why the shares are so low given the reduction/investment in debt and the progress that has been made over the previous 12 months.

I think that this rise is the beginning of the re-rating and hopefully the trading statement will support the turnaround story that has been alluded to in recent RNS'.

[martin44] 16/6/2008 22:41

Would tend to agree with you someuwin as this is a time for being bold and moving on with each new acquisition and maximumising the opportunity.

[someuwin] 16/6/2008 22:26

I wonder how long it takes to do 'due diligence' on this potential purchase?

Days rather than weeks I'd have thought?

[james t kirk] 16/6/2008 20:30

I have to say I'm very surprised this is still going up so strongly, but not complaining though. My only concern is at what price they hope to get a funding away.

The large volume certainly suggests new interest and the new venture quietly announced sounds very positive.