Re: Looks like it was Aviva etc. who sol... I can not get that link to come up Emerald anything of interest ?
Re: Looks like it was Aviva etc. who sol... I usually average down rather than sell the lot.Its a case of wait and see here I think.It's a shame this RNS about their hedging strategy does not specify any real information on their position. Wholsale gas prices have risen steeply in the last few months and this could be another reason why Aviva dumped the lot. If Flow Group do an RNS to give good news on hedging position (if they can) the sp would rocket IMHO. After the sp tank I'm sure if they have any good news it will be out next week.[link]
Re: Looks like it was Aviva etc. who sold on Thanks for responding Emerald.Not a lot of information around I went in heavy with the fund raise then topped to in flow far to early.Really glad I'm not the only one who does not cut losses .Might be wiser if i had but with AiM not sure that's the way to do it.On reviewing action around time i noticed Winny suggested ORE instead , i recall looking at that and thinking he must be joking , in hindsight would of been 35% better off.AIM !!!!!
Looks like it was Aviva etc. who sold on 21/02/2018. They sold 62,746,564 shares that day all but one share.Here's the RNS that had previously stated their shareholding of 62,746,565:-www.investegate.co.uk/flowgroup-plc--flow-/rns/holding-s--in-company/201706151628352478I/Then I can see one massive sale on 21/02/2017 of 62,746,564 shares, just the one short.They now just have the 1 share I think.Thus this over 50% drop is not due to some terrible RNS from Flow Group. It seems they sold because Flow Group is being lent money by a "related party" as per the following RNS:-www.investegate.co.uk/flowgroup-plc--flow-/rns/funding-facility-and-related-party-transaction/201802210700034526F/So why did Aviva etc.... sell? Is it against their policy to hold shares in a Company that borrows money in this way (because it could be iffy??) or some other reason??I suspect it's against their rules so they dumped to comply which means the end is not nigh for Flow Group, at least for the forseeable. Maybe other investment Co's will be taking a stake. After all just short of 250,000 customers plus Shell bought out a fairly small energy supply Company last year and so are entering the energy market themselves. Maybe Flowgroup will get a bid from Shell. You never know.All IMHO.All IMHO.
Hmm. Ask just jumped from 16 to 18p maybe I'm not insane after all.
Over 50% down in a few days. If anyone can enlighten me why it would be appreciated.
Re: Down 40%. Ask 0.19p, bid 0.185p >... Ripley94:-I bought a small amount @ 19p the other day to average down. Doubled my share holding.Obviously a major share holder has dumped a shed load.The amount they borrowed the other day I think is now more then their market cap which seems crazy. Not buying any more no mater what.At the end of the day the Co. was taken over by investors who intend to turn the Company around. They must know what they are doing (I presume!!).They say they have just under 250,000 customers.Even if you make £30 profit from each one that's £7.5 million.Then we have Shell who last year bought out one of Flow Groups competitors for decent money. One wonders if they are looking to buy Flow Group now.In view of the sp crash must be very high risk.I'm holding. Either I lose the lot or I will make money.All IMHO.
Re: Down 40%. Ask 0.19p, bid 0.185p >>... Some fall Emerald you tempted to pick at the bottom ?
Re: Tony Stiff gone at last Mr Moore ( SP Bog ) was correct to say avoid .RNS fell 40%Surly Mr Alan lovell will not be a director of two company's to go bust !! ( 16 / 01/18 .. post )
Down 40%. Ask 0.19p, bid 0.185p >>> Thus market cap is only 2.5 million or there abouts. Apparently have just under 250,000 customers. Maybe Shell will pounce as they have entered the UK domestic energy market now.All IMHO.
250,00 customers wasn't it >>>> stated in an RNS some months ago.I'm thinking Shell may snap these up as they have recently bought out another energy supply company in this Country. Was in the papers about 5 months ago. With around 250 thousand customers and a market cap of only 2.5 million as of today maybe Flow group are about to get bought.All IMHO.
Interesting trades today. nm .
RNS concerning Mr Lovell Flowgroup plc (AIM: FLOW), which provides residential gas and electricity supply and other energy services to customers across Great Britain, announces pursuant to Schedule Two, paragraph (g) of the AIM Rules for Companies that Carillion plc has recently taken steps to enter into compulsory liquidation with immediate effect.Mr. Alan Lovell, a director of Flowgroup, was appointed as a non-executive director to the board of Carillion plc on 1 November 2017 to assist with their restructuring activities and cost saving programmes and served on the Audit, Remuneration, Nomination, Sustainability and Business Integrity Committees.Looks like Mr Lovell may be very busy in the next few weeks/months. Hope he can still fit his Flow duties in.
Re: Tony Stiff gone at last Blog from Steve More ( S.P ) " Continue to avoid " he says .
Re: Tony Stiff gone at last Decided to have a punt and topped up @ 0.61p