Tt Electronics Share Discussion Threads

[master rsi] 19/9/2024 21:59

I am reaching the conclusion of an "Iceberg" Large sale @ 90p is hiding behind the level 2 ( order book).

[indiestu] 19/9/2024 08:36

Market Makers buying to cover and rebalancing their book.

[wall street trader] 19/9/2024 08:12

Not much action today

[master rsi] 19/9/2024 07:20

The 10K buyers is working early and already managed 10X10 = 100K, and then 2X50 I suspect a Market Maker taking the one at offer 90p and the offer is gone to 90.20p but someone put the 90p again

[master rsi] 18/9/2024 14:52

Someone took advantage of the good price and kept pressing the same amount every few seconds, and at the end, there was 7X10K paying 89.90p

[master rsi] 18/9/2024 11:26

One thing is sure when a share price reaches a bottom, it takes time to let it go UP, almost like they let buyers to buy, buy and buy.

That's what is happening now and paying full offer 90p and is 2X25K also

[master rsi] 18/9/2024 11:10

A good size buy has to pay 89.909p over the offer price

spread89.689.8 11:46:50 19,352 89.909

[master rsi] 18/9/2024 10:05

NOT sure why after so many buys the 90p offer is not take it away with an "AT"
mind you the last price paid now is 89.996p

[indiestu] 18/9/2024 10:03

Of course you can have your opinion and I wish you all the luck. My point was the selling volume this month has been extraordinary indicating that some major players are bailing out. They may or may not be correct ultimately but at this moment in time the bears are in full control. It is unlikely there will be any buyers brave enough to take a big stake until the company can demonstrate they are back on track.
Support October 2022 135 broken
Support November 2014 100 broken
Support April 2003 85 is the next significant level excluding the 2008 GFC and the 200 0 low of 90 which we are sitting on now.

[master rsi] 18/9/2024 09:27

Another way to look at it is the last couple days movement, and it looks like the support is taking over as you can see a bottom has been made.

[master rsi] 18/9/2024 09:14

Anyone can have their opinions naturally but I believe mine and the market will say so very soon

[indiestu] 18/9/2024 06:37

Adding volume bars to your chart may influence your interpretation of your preferred ossilators. I think it is unlikely there will be any kind of recovery until the company has released the trading update they have promised in November and positive progress can be demonstrated.I am considering buying for the dividend alone but that's super risky, if they need to cut the dividend TTG is toast.

[jubberjim] 18/9/2024 06:14

Have been popping in now and then as was holder in stadium electronics before they got taken out at 120.

So very tempted to come back for another go but will let the dust settle before deciding .
Similar story here to ESNT which has taken a bit of a beating and I can t quite make up my mind.

In all probability will have a nibble at both

Watch this space

[master rsi] 17/9/2024 23:04

Time for Bounce back says the chart

[beeezzz] 17/9/2024 20:40

Did hit 180p 25th Sept 2023...... 50% drop....overdone maybe, wait and see time.

[wall street trader] 17/9/2024 18:32

When you see all the proper mugs slating the stock and predicting armageddon you just know it's time to buy

[davius] 17/9/2024 17:40

Bunch of broker ratings today, from 100p to 200p, average 153p.

Deutsche Bank cuts TT Electronics target to 175 (245) pence - 'buy'
Peel Hunt cuts TT Electronics to 'hold' (buy) - price target 120 (235) pence
Berenberg cuts TT Electronics to 'hold' (buy) - price target 100 (260) pence
RBC cuts TT Electronics price target to 200 (250) pence - 'outperform'
Barclays cuts TT Electronics price target to 170 (270) pence - 'overweight'

[libertine] 17/9/2024 16:32

Berenberg on the ball!!!

17/09/2024 Berenberg Bank hold 260.00p 100.00p downgrade
19/08/2024 Berenberg Bank buy - 260.00p reiteration
11/03/2024 Berenberg Bank buy - 260.00p reiteration
22/11/2023 Berenberg Bank buy - 260.00p reiteration
10/03/2023 Berenberg Bank buy - 260.00p reiteration

[wall street trader] 17/9/2024 14:01

I'm not in for the long haul ???

[chriss911911] 17/9/2024 13:42

Were it not for disposal they would have burnt through close to 19m in little over six months, the low cash conversion was dismissed as don't worry we fix it, now the reverse and to earnings lower also, so debt will rise for sure and I don't see they can meet interest cover of 4x, unless they have a big turnaround which is not indicated in update. So hard to value it, but plenty of reasons to see how it could fall a lot further, so no good reasons to invest, until they update with more, but I can see more chance, of more issues, or if doing well to hold the line, which barely justifies price it is at already, so easy to see how this could just continue downward.

[wall street trader] 17/9/2024 13:11

And a little more

[wall street trader] 17/9/2024 12:07

This dopey mug just had a nibble

[strawberry alarm clock] 17/9/2024 11:23

Who were the dopey mugs that bought in yesterday BWAHAHAHA

[eigthwonder] 17/9/2024 10:58

Previous CEO was a bit of a tool with an asymmetric approach to information - quick to give the good news, tried to avoid revealing the bad. I hoped the new CEO was an upgrade, he certainly has the CV. Common thread is the CFO, willing to do the smoke and mirrors for the old CEO and seemingly not on top of the figures now.