Totally Share Discussion Threads

[nobbygnome] 22/2/2019 12:47

>> 1gw

Strangely I don't trade to impress people on here. I trade to make money...which I am exceptionally good at! So you will just have to believe me....

Incidentally on the OPTI thread I have just highlighted I sold some trading stock at 91.7p. I bought them at 83.something last week.

Nobby

[football] 22/2/2019 12:45

No one never losses on a trade deal and they always make a profit on hindsighttraders.com

[dave4545] 22/2/2019 12:40

70k at 14p was reason for mm switch up

Can still buy at 13.9

[dave4545] 22/2/2019 12:10

1gw

If you are going down that avenue you will have a argument with every poster on advfn, we all have winners and losers. We have all ramped stocks at higher prices once etc etc bla bla bla

[1gw] 22/2/2019 12:06

But if you never say when you're selling how can you claim trading success?

[nobbygnome] 22/2/2019 11:57

I have a core large holding but trade round the edges all the time. I have probably traded it 5 times in the last month. However my main holding of 600k is going nowhere

[microscope] 22/2/2019 11:50

Wan I have no problem with you pointing out I got this wrong, which I have freely admitted in posts since, particularly the chart misled me too, but I first took an interest here in late November 2017, when the price was around 33p, not anywhere near the 60p you mention. So if you are going to slag me off as is your entitlement, no problem, but at least try to do it fairly. I have since averaged down more than once, and may yet do so again, in the near future.
(And I certainly have never used the phrase 'best thing since sliced bread'.)

I believe we have bottomed, not for the first time. I could be wrong again, this is TLY (!) after all, but I will always say it as I see it.

[1gw] 22/2/2019 11:47

Nobby- so when did you last call or declare a sell?

[1gw] 22/2/2019 11:46

Cheers wanbissaka. I took the view that the market price already reflected the weak balance sheet because the institutional holders would be well aware of it. I thought the weight of institutional selling had probably driven the price down below fair value. There were 2 flags which in hindsight perhaps should have made me reduce earlier: failure to follow through on buyback; and failure to demonstrate cash generation in the 1H results after signalling it in the TU. The Harrison brothers didn't need to sell for market cap or peer pressure reasons though, and I had got the impression from an agm conversation that they would be unlikely to sell at anything like the price as it then was.
So 3 flags was enough for me finally to reduce.

[nobbygnome] 22/2/2019 11:46

So my point is your statement is very partial talking about 60p...

[nobbygnome] 22/2/2019 11:44

I bought the shares first in the 20s and traded it on the way up so have done very well from TLY. I maintain the current valuation is completely ridiculous and I am confident we will see a big rerating from here!

[dave4545] 22/2/2019 11:42

Still buy comfortable within spread but price to buy is increasing now 13.9p

[wanbissaka] 22/2/2019 11:32

All a bit of handbags really. 1gw deserves credit for highlighting the very weak balance sheet at a time when every man and if wife were ramping this to the heavens. However why he didn’t then sell (at double todays price) is a mystery. To hold and continually call it down is bizarre behaviour indeed.
As for Nobby, Sikh and Micro who have been dressing this up as the best investment since sliced bread all the way from 60p to now 13p little needs to be added. As for my personal view every dog has its day. The chart here has been finding a floor at 13p ish for some time. It is possible this could now be the time to buy. If they can demonstrate even a slight improvement in margins and subsequent cash flow then they are indeed cheap. It’s a big if though where TLY are concerned.

[1gw] 22/2/2019 10:54

I declare my buys, I declare my sells and I often try to give reasons. When was the last time you called or declared a sell on tly, nobby?

[nobbygnome] 22/2/2019 10:45

LOL it is very easy to go through people’s posts and pick out a dodgy call. However strangely I have made a lot more good calls than bad...

The point is that here it is bleedin obvious that now is precisely the wrong time to sell which will be proved over the next month or so. However, because of BB bravado (as far as I can tell) you have loudly pronounced you have sold out.

But let’s not fall out over this... muppet is a term of endearment in my household. My sons get called it all the time...

[dave4545] 22/2/2019 10:23

Still stock there available at 13.7p so not left the station just yet

[1gw] 22/2/2019 10:21

Well we can all make wrong calls, but I wouldn't have thought you were in a good position to call anyone else a muppet for calling tly, nobby.

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Nobbygnome 29 Jan '18 - 10:58 - 2373 of 7625

>> microscope

No resistance up to just below 60p as far as I can see! Then we would complete a very nice 'bowl' formed over 4 months. Should be completed in the next week or so IMHO.

Nobby

[dave4545] 22/2/2019 10:14

I've actually been there.

You keep selling a stock down, hoping others will follow so you can buy them all back cheaper and make a nice profit.

Then the nightmare begins, more and more people start buying, you try and stem the flow by selling more but the position starts running against you and you are running out of stock to sell. Then it dawns on you the price is going to jump and you frantically try to buy back only to see the mm's have slashed the buy limits and you are left with the awful decision wether to buy back 10% higher to get your position back.

Welcome to 1gw world..again I have nothing against the person...just a reality check

[nobbygnome] 22/2/2019 10:07

About to explode IMHO. The TA portents look very good.

I think the muppet 1gw selling was a buy signal to the sensible rational people of the world!

[barvin] 21/2/2019 23:25

Nah, fair play to 1gw trying to get to grips with the holdings of instis, as there has been so much going on.I love the stability instis bring to fundraises and taking stakes in companies, but TLY is an example of the issues of having to many involved can bring. Especially when you get into £10m-£20m market cap range.

[grahamwales] 21/2/2019 22:49

1gw. Blah blah blah. Whatever

[porky8] 21/2/2019 18:10

What we do know ..... Someone picked up 2,550,000 @ 14.25p ..... Not declared yet...... Newlands picked up 1,183,944 or thereabouts 1.98% ..... Shuffling in progress...... As we've seen decent volumes since the announcement ..........

[1gw] 21/2/2019 17:42

grahamwales - as an investor I'm just trying to make sense of the data and manage my own exposure. What's your take?

[1gw] 21/2/2019 17:40

London South East site now showing that 2nd 12.5p sell as going through just before the close yesterday. But given the 2 sells round relatively nicely I think there's a reasonable chance it's the same seller.

So is it an institution? Or could it be a market maker or other intermediary just selling on shares they picked up from the Harrisons?

[grahamwales] 21/2/2019 17:35

Missed you yesterday 1gw when the price was rising. Fact is your just another trader and until you buy back in will continue with your negative posts. So predictable it’s laughable