Syndicate Asset Management Share Discussion Threads

[timbuck2] 09/2/2010 23:20

Hello all, looking at the volumes of trades and the chunks of 5m trades (i think there was 5 of those today, each 5m trade being approx cost of £100k) it seems that there is either (1) someone accumulating for atakeover, (2) Someone acumulatign to stop a takeover....i also would not be surprised to see some form of holdings RNS or director buys announced

[romust] 09/2/2010 22:20

If the mm's start arsing about tomorrow I'll be jumping in for more...Dow's finished 150pts up.

[amazon_woman] 09/2/2010 22:10

asa8 ffs do some basic research !!! then let the rest of us lazy b--- know :)

AW

[napoleon 14th] 09/2/2010 22:07

Joined you peeps on this in my small way.
Thanks 4 heads up AW, TARA.
I usually go for charts &/or fundies, but the sizzle on this could be a case of "buy the story before it comes out".

A fun punt. Could go bananas.....

[asa8] 09/2/2010 22:02

thanks nod loverat post 151 says there are more shares in circulation now how many was there before regards

[nod] 09/2/2010 21:19

asa8 - it was not due to dilution; it was due to major shareholders selling out. At the time, there were rumours that it was related to Icelandic banks selling but they held. Large chunks must have changed hands off market because the major shareholders changed very significantly.

There was not a massive volume of trades going through the market at the end of 2008 but they were all sells at low prices and there were no buyers even though SAM looked 80% cheaper overnight.

SAM had grown through a series of acquisitions and there was concern about its ability to service its debt. Also concern about whether it had overpaid for most of its business. It appeared it had but the directors behind the strategy have gone.

[amazon_woman] 09/2/2010 21:11

Sorry meant to answer that self evident question, the markets fell into an abyss at that point in time and are now slowly recovering. SAM fell further due to fears of insolvency which have now gone due to the fund raising and paying off debt. Since then from what I can see there has been a massive overhang of shares from the placing. IF they have now gone then it is game on as they say. I have only researched from today but am good at skim reading and getting the gist of things. A good trait when you need to assess a stock quickly.

In a nutshell it may be a false rise, there have been many since Oct 2009 BUT IF the overhang has gone and the turnaround is real we are onto a winner. NOW crystal ball time BUT as there were a lot of buys of over £100k each today my money is on being onto a winner.

You decide have a read up only takes a few hours then decide :) Happy reading or just believe any old s--- you are fed. I don't but each to their own.


AW

[asa8] 09/2/2010 21:09

sorry nod i mean october08

[nod] 09/2/2010 20:54

asa8 - do you mean October 08 ?

[asa8] 09/2/2010 20:35

can someone tell me why the share price collapsed march 08. was it due to share dillusion regards

[amazon_woman] 09/2/2010 18:13

hmmm wondered where you were tara it is your thread after all, I have kept it warm for you LOL. V exciting.

They deleted that 5.5m buy from this morning and stuck it back on after hours, was that to put us off the scent?

Just done 2 hours in the park with dog to keep calm I have a habit of getting ahead of myself dreaming of multibaggers but this one must fit the bill potentially :)

Catch up tomorrow but I will wait for the RNS as they could try and shake us out before then.

AW

[romust] 09/2/2010 16:36

The price has been driven down since the end of Jan imo to get the big boys in for whatevers brewing.

[tara7] 09/2/2010 16:31

Very good day indeed.

[amazon_woman] 09/2/2010 15:46

Large buys coming in at 2.4p you can sell at 2.39p

Next leg up on its way best to hold to find out what the big boys already seem to know :)

AW

[amazon_woman] 09/2/2010 14:07

LOL good song, so are you in ???

AW

Thought it was love song for me LOL

[loverat] 09/2/2010 13:57

True I suppose and the share price certainly wants to go somewhere. Will watch with interest.

[amazon_woman] 09/2/2010 13:47

Online buy limit now 50k :)

[amazon_woman] 09/2/2010 13:39

Yes but they have paid down their debt.

V big buys coming in now time to hold onto your hats ?

AW

[loverat] 09/2/2010 13:34

Well, don't forgot there are alot more shares in circulation now (Market Cap £42 million) since that last bid so not sure what anyone here would think a realistic bid price? If one did ever materialise that is.

[amazon_woman] 09/2/2010 13:17

My whole portfolio is blue don't know how I managed it but doing my own thing ignoring the bashers.

Need to hold for the RNS here which must be on its way. No one punts £124k.

AW

[topinfo] 09/2/2010 13:07

This looks like bid in the offing here judging by buys and volume traded. Some more chunky buys started again now that lunch is over.

[smellyjim] 09/2/2010 12:48

great little find and interesting they rejected 6p bid not long back, quick doubler on here guys?? Tricky to buy in size sometimes although suspect MMs keeping or trying to keep lid on.

[themoneymonster2] 09/2/2010 12:40

If you all want a very good punt, take a look at PLNT. 12.5p to buy and 12.5p of cash! : )