Xlmedia Share Discussion Threads

[the big fella] 13/6/2018 10:48

Insider - I disagree. Short trading may have it's moments but if you are fighting the tide in a bull market its no fun. Just go and ask the Hedgies.

[insideryou] 13/6/2018 10:33

This goes under 100. Pain or loss has twice the intensity of pleasure or gain. Hence, shares fall off a cliff and climb the stairs. Short trading has always been the easier way to manifest money. Human needs psychology.

[hatfullofsky] 13/6/2018 10:32

Not so sure, sellers are back. We need some sustained chunky buys

[bc4] 13/6/2018 10:19

L2 looking a lot stronger now maybe a bounce

[woodhawk] 13/6/2018 10:17

Excellent article, wetdream - many thanks. Reinforces my buying decision.

[bahiflyer] 13/6/2018 10:17

Salchow, read it slowly this time chap and observe the points which they repeat,
Im not copying and pasting the whole report nor gonna remove the odd word or phrase which would look out of context.
You make your own conclusion and take your own decision after that.

[wetdream] 13/6/2018 10:13

Apologies if already posted.
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[gargleblaster] 13/6/2018 10:11

Could it be time to "tweak the nose of terror"?

[fozzie] 13/6/2018 10:10

May as well capitulate now and let me buy a shed load under a pound. Utterly ridiculous, if i was Ory i would spend the entire cash reserve on buying XLM shares!

[scooper72] 13/6/2018 10:06

What does 100p make the p/e ?

[morph7] 13/6/2018 10:04

I hereby give Ory permission to use half of our cash pile to purchase XLM shares!

[salchow] 13/6/2018 10:03

bahiflyer you say "I got the impression from the audit report that the auditor was hinting that there would need a review in the aspects of the accounting adoptions they highlighted"

Can you please copy and paste the wording that gives you this impression. I have just read the report of the 2017 accounts and cannot quickly see from where you come to this conclusion.

[cheshire man] 13/6/2018 10:00

Same price today MALCOLMMM but feel the rebound may be swift here .....when that will be is down to the Gods of course

[woodhawk] 13/6/2018 09:57

Bought a few at 101.94p

[bahiflyer] 13/6/2018 09:48

The opinion ive formed, having read the full auditors report is that this apparent downgrade of revenue forecast is more down to adoption of the new IFRS 15 ("Revenue from Contracts With Customers")which comes into force from January 2018.

I got the impression from the audit report that the auditor was hinting that there would need a review in the aspects of the accounting adoptions they highlighted.

That wasn't to say that there was anything untoward being suggested more that the company may be an error in its understanding the new 5 step model. In other words revenue can be recognised only when a performance obligation is satisfied.

The good thing about not being able to recognise revenue in advance of the period in which it falls, is that there will not be a massive imbalance in trade receivables, which can cause alarm when people see it and presume its a bad debt.

I think the company will clarify better its position in its July trading statement and will be better off when it gets itself fully in sync as other companies have had to do.

Anybody brave and patient will I expect be rewarded at these prices.

[malcolmmm] 13/6/2018 09:45

I was told to always sell on a profit warning.Just had a look , It was 2016 when I bought these at 101p.

[woodhawk] 13/6/2018 09:45

Can't seem to buy any quantity online atm.

[master rsi] 13/6/2018 09:43

3er day falling

There is a say " Men Tend To Fall In Love After Just 3 Days "

Well, I did fall for the stock after the spike down this morning, so I bought some.
It seems there is a larger size seller on the market that every so often drops 75K to the MMs desk, another time got 100K, so as the market, in general, is also down, MMs are not in a hurry to get the stock higher while sellers are around.

But looking at the mild negative RNS, there is no such a reason for the savage 39% marked down of the last 3 days, and considering the company has got cash ready for further acquisitions, the low PE will get the stock moving higher soon, but maybe we will have to wait till it reaches 100p, that is what I was waiting for but at that point could bounce too fast to get the stock in size, so I got it now that is not far away from that point.

Maybe there is some stock not showing but so far the buys are 909K v 1,13M sells, so overreaction

quote now 100 v 102p down 11p

[hatfullofsky] 13/6/2018 09:40

We need to bounce off 100p or we're in serious trouble

[oneillshaun] 13/6/2018 09:32

Guess we better get ourselves ready for a takeover, at this rate they will take the whole company for 120p a share.

[callmebwana] 13/6/2018 09:28

Garycook, just to please you I have edited the post. LOL :o)

[garycook] 13/6/2018 09:12

CMB,You mean 106.40p correct