Venture Life Share Discussion Threads

[redartbmud] 27/9/2017 21:11

Clln

Doubt that there will be a bid before the review is published.

red

[apad] 27/9/2017 21:05

BVXP hits £28 ahead of early Oct. FY results.

Based on BOO I should sell ahead of results then?

But, oh no, I don't think I will!

apad

[redartbmud] 27/9/2017 21:04

Maybe they left the junior to mop up :-)
Proprting is not always as accurate as it should be.

Hey Ho...

red

[panic investor] 27/9/2017 20:33

I understand the reaction today - deeper down people are starting to think how growth can carry on - I think this affected Fevr today tooRns's have to be amazing these days - loads of quality results recently and the share price getting mullered- people expecting way too much

[janeann] 27/9/2017 20:14

I think you're right panic - or buys around the same time. But they have to be delayed

[panic investor] 27/9/2017 20:07

I reckon they were sales at 8am to be honest

[janeann] 27/9/2017 19:58

Agree melton j - some trades are marked as O but how do you then explain prices around 264 etc at arpund 5pm marked as O in some of the trades; those have to be delayed; whoever annotated the trades seems to have messed up

[melton john] 27/9/2017 19:32

Only one problem madmix, the trades are shown as ordinary. There are some delayed but didn't see many. The after hours auction on the other hand shows over 3M traded. I think things are on the whole a bit more transparent than they used to be. ADVFN seem to enjoy smoke and mirrors but stock exchange shows a lot more trade data than it used to. I used to think that somebody didn't want us to understand, unthinkable I know.

[madmix] 27/9/2017 19:29

It would seem that the best strategy at present is to sell on the day before results are released, particularly with momentum stocks that have done well this year. So far AMS, BOO, KWS and PTSG in my portfolio have all suffered the fate of falling on results.

The exceptions to this rule have been FFX and VLE.

[apad] 27/9/2017 19:08

So those trades could be purchases at 08:01?
Thanks, madmix.

I remember clearly the .com boom and the mad promises of empty companies. BOO is a totally different animal. The markdown is an opportunity.

The analyst meeting was just stunning - even the designer talks english.

apad

ps
This could be 'confirmation bias', Lauders :-)

[madmix] 27/9/2017 18:54

I didn't foresee BOO being down 16% on those results! I think many were already pricing in an upgrade to sales forecasts, whilst perhaps the slight margin downgrade has spooked a few. Having listened to the analyst meeting audio this morning, I don't see this as a major concern.

However, in the current market, I'm not surprised to see some profit taking. Looking at KWS for example, the price fell 11% over the two days following the results. After another five days of trading, the price has recovered fully.

Whilst I doubt we'll see BOO back above 260p in the same time frame, I do feel that -16% seems an over-reaction.

[madmix] 27/9/2017 18:39

APAD,

Those are most likely 'worked' orders, rather than after hours dealing.

For example, if I wanted to sell 40,000 shares in one go, I would probably have to accept a price well below the 'touch' bid price. Alternatively, I could set a limit price and a market maker could 'work' the order throughout the day by finding buyers for the stock. The transaction might not be reported until after 4:30 depending on whether he has filled my order in full, or perhaps only partially filled it due to the price being below my limit price.

Hope this makes sense.

[apad] 27/9/2017 18:05

Just that after hours dealings show such different prices, MJ.
According to the LSE it seems someone bought 50,000 BOO at 263.25p.
I don't understand it either :-)

red. CLLN takeover talk, rather than a rights issue.

apad

[melton john] 27/9/2017 17:49

Apad, don't understand your comment.

[melton john] 27/9/2017 17:38

Big7ime ,
Read your views on transport. Interesting. Some of the earliest cars were battery driven. BMW were saying recently that electric cars will mean job losses in their area. Much less skill involved in electric motors and fewer parts.

"My rejigged pfolio is looking good to benefit from the cycle changes"

Don't tell me we have to change to cycles.

[apad] 27/9/2017 17:16

BOO:
Time/Date Price Volume Trade value Type
16:58:07 265.12 47,591 126,172.78 O
16:57:24 263.25 50,000 131,625.50 O
16:55:55 228.06 17,683 40,327.12 O
16:55:55 228.06 16,623 37,909.92 O
16:55:52 234.17 12,077 28,281.15 O

The ways of the stock market are ever mysterious!

apad

[apad] 27/9/2017 16:46

I acted too early today on BOO.
It's an extraordinarily interesting debate, with conventional valuers considering EBITDA margins to fractions of a percent.
There are companies that defy conventional valuations and go on to become stunning companies - ARM for example.
My dray horses of BOO and FEVR I view as brands, as well as companies.
They are very different companies as FEVR owns a recipe and subcontracts out production, whereas BOO has too own a large warehouse infrastructure.
Where they are similar is that they pose existential threats to existing, established businesses - they are in a ferocious land grab.
If they are successful then valuations during the process will be largely irrelevant as they will own the territory and so dictate the market.
If they do become successful then, like Amazon, they will not allow space for competitors to enter their market if they want to stay successful.
It's not often that such changes occur and its fun to play.
apad

[big7ime] 27/9/2017 15:58

And well done Hydrus, I really don't know why I didn't throw a few grand at Zoo after reading your post at 14p, another that got away :(

[big7ime] 27/9/2017 15:56

Well done Lauders, I increased yesterday and now one of my largest holdings. Don't worry, Apad doesn't get everything right ;) no offence Apad
I concur with him generally but one or two are quality, the best being Amer and if oil goes back to $100 their share price will be several times the current silly price.

[lauders] 27/9/2017 15:43

Made a small initial investment in AMER today Big7ime so hope you are correct. Listened to the Malcy interview and seems all is on course for better things there in future. Weren't oilers on Apad's list? ;-)

[big7ime] 27/9/2017 15:39

Thought this was weird from ECSC they couldn't even get the date right as they reported today! Bet their shareholders are doubly annoyed
Have been watching with interest along with DFX (prev held it short period and sold, also reporting today) and FLX alas none are performing.
From memory you dabbled but sold Apad, good call.


ECSC Group plc (AIM: ECSC), the cyber security services provider, will be announcing its unaudited interim results for the six months ended 30 June 2017 on Thursday, 28 September 2017.

[hydrus] 27/9/2017 15:27

Blimey, another v good day with top two holdings ZOO and BVXP making new highs. See BOO has been hit hard - had a quick look at results and they looked good. Might just be volatility I guess. Holder's views?

[melton john] 27/9/2017 13:53

Ah I see, I had some US shares once, similar tax treatment.

[janeann] 27/9/2017 13:24

melton - yes held in a nominee but you still have to submit loads of forms to Israel to claim back the withholding tax. I didn't so got only part of the dividend