Techfinancials Share Discussion Threads

[tomboyb] 12/6/2019 16:06

The Company has also decided to recognise the impairment of its investment in Dragonfinancials, the Company's 51% owned subsidiary and operator of its B2C trading platform focused on the Asia Pacific Region.

Zero Buffer now!

[tomboyb] 12/6/2019 16:05

Keep buying -

It will eventually go down -

Dragon written off -

Cashflow now will be very tight -

[fairenough11] 12/6/2019 16:00

RNS here we go time for day traders to jump ship PDQ.

[tomboyb] 12/6/2019 15:58

It is still up 65% -

Really it should be red -

[tomboyb] 12/6/2019 15:58

boom!

As expected -

[ahmedbin69] 12/6/2019 15:49

TechFinancials (AIM: TECH), a fintech software provider of financial solutions including blockchain-based digital assets and traditional financial trading solutions for retail clients, notes the recent share price change and advises that it does not know of any reason for an upward share price movement.The Company confirms that it will be announcing its audited financial results for the year ended 31 December 2018 on or around 18 June 2019.Trading in the Company's historical business remains challenging, largely as a result of tightening regulation and the Company will be reporting revenues of approximately US$7.6 million

[dave4545] 12/6/2019 15:47

I'm not in the wrong stocks. Most come good on Aim or spike if you can hold them.

I mean this has issued quite a dire update yet is still up 100%, now if the market cap was say £1 mil or £2 mil or £3 mil pushing I could understand some saying it's worth a nibble but £7-8 million after the rise for that update.

Sometimes I swear I'm reading different Rns feeds to the herd at times

[lb28] 12/6/2019 15:35

Get back to ADME idiot.
One day with a bit more experience you might finally get it.

[backtogo] 12/6/2019 15:34

what a pleb LB is going to look when he realised it was richies twitter ramp group buying this morning LOLThey disappeared fast LOL last one out hold the losses thank you.

[lb28] 12/6/2019 15:20

Keep it up Dave.
You might learn a thing or two here.

[dave4545] 12/6/2019 15:18

LB

Nobody is loading up, it's just pi's still thinking they can make a fast buck, there's barely been any trades over 30-40k

The mm's are playing blinder, I wish my stocks could rise 100% on good news let alone after a update like this.

It's almost like the dot com boom where reality was constantly ignored and stocks kept climbing...well for a while they did

[zen12] 12/6/2019 15:15

How long before the cat gets out of the bag? Anytime so could be an interesting close.

[cudmore] 12/6/2019 14:58

It’s clearly stated in the RNS.....The Company remains optimistic about the prospects for both CEDEX and Footies, a company that has been established to develop a blockchain ticketing venture for sports venues and teams, and looks forward to making further announcements as these businesses develop.

That could be tomorrow for all we know. As far as they are concerned nothing has been put out there TODAY for the share price to react in the way it did. They are simply stating a fact. What they can’t comment on is rumours and statements being made. They haven’t denied anything have they?

Watch when the positive news drops.....all the muppets that sold at a loss will pile back in. There is clearly something going on and I believe what i’ve heard regarding contract news. Someone has been piling these up today for a reason.

[zen12] 12/6/2019 14:49

You may need to watch and learn as most experience investors pay a close attention to trades. It does not appear to a p&d as the traders is indicating otherwise. Keep watching and you’ll learn a thing or two.

[lb28] 12/6/2019 14:46

I saw the 25k buys banging in from 8am this morning and got in early.

Unfortunately the herd arrived around midday and caused a spike and crash.

I brought because the free float is tiny and somebody is loading up causing a squeeze.

That fact still remains now the herd have left.

[ahmedbin69] 12/6/2019 14:44

People who bought in the 10s now trying to average down in order to dump and reduce their loss.Loss making Trading in the Company's historical business remains challenging, largely as a result of tightening regulation and the Company will be reporting revenues of approximately US$7.6 million for the year, on which it will report an operating loss. No TR1 coming Just rampers trying it on

[upsondowns] 12/6/2019 14:42

Paying over again. Looks like you could be right LB

[lb28] 12/6/2019 14:36

Just wait for the TR1.

[dave4545] 12/6/2019 14:35

Anybody seen tidy2 ?