paul1945
07 Dec 2016
Director buying another 450k bought !!!! I have been involved with the stockmarket for 55 yrs & I have never seen anything like this before just hope it has a happy landing for all us holders
Fred Prior
07 Dec 2016
Spread Betting Is a big SCAM!!! All over the major tabloids today with peoples stories about getting conned out of their money and losing it all especially with IG INDEX, there name crops up many times in the comments sections below the articles.This will do no favours for the spread bet houses and this I believe is the start of their long overdue demise.Without customers IG Index and CMC Markets are worthless, entirely worthless, as it is only the mug punters money that is keeping them afloat, over 90% of you LOSE, why on earth do you keep feeding the vermin, as soon as you deposit money in their account it becomes THEIRS and unless you get very lucky you will never see that money again.JUST SAY NO!!!!
Fred Prior
06 Dec 2016
A total of 500k shares purchased in the last few days, thats another 8,000,000 pounds thrown at this company.The old saying goes that theres no one more up to speed with their company than an insider, are they taking advantage of an undervalued share price or are they building to block or building to bid?Something tells me we will find out soon.........Whilst I was away I spoke with an old colleague who has a contact at Citi, I asked him if he could find out if they have loaned any Hikam stock they hold for Darhold out to any hedge funds, I have had my suspicions that it is Citi who have lent the stock, which would make sense as I do not believe any other entity (other than insiders) hold enough to have loaned over 6m shares out. Correct me if I am wrong but insiders now hold almost 80% of Hikma, now if I were an insider and contemplating a buyout of my company I would of course want the existing shares I need to buy to be as cheap as possible, in come the hedges, they borrow from Citi and push the share price of an illiquid stock down with their continued rinse and repeat selling taking the shares from the weak and facilitating cheaper shares for not only the insiders but also themselves, once they have pretty much got what they need on the cheap, a cronie leaks the news to a mouth in the city, the punters jump on board, the share price goes back up and the insiders don't mind paying a nice premium to mop up the rest of the surplus.This is what I believe is going on right now but I also think a hostile opportunistic bid may surface as well.This is AIMHO and it could be way off the mark but time will tell, if its going to happen my guess is sooner rather than later.Good luck
Fred Prior
06 Dec 2016
RNS Voting Rights LONDON, 6 December 2016, Hikma Pharmaceuticals PLC (LSE: HIK) (NasdaqDubai: HIK) notifies the market that its capital consists of 239,954,532 ordinary shares with voting rights. There are nil shares held in treasury. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Hikma Pharmaceuticals PLC under the FCA's Disclosure and Transparency Rules.---------- ---------- ---------- ---------- ---------- --------Hmmm, so we are being notified of how many shares are in issue,,,,,,,,,thanks for that wink wink...hardboy, I did write a lengthy response to you but iii must of censored it and it never went through, after all, persons such as myself are the enemy to a spread bet company and iii for all intents and purpose is another example of one. Sorry but too tired to re write it as trying to stay awake to re adjust the body clock.....Z z ZZ zzzzzzI will say this though hardboy, this is just the start, Fred will finish what he started and flush out the rats from every hole, they can run but they cant hide!!
Hardboy
06 Dec 2016
Re: Hardboy IG Index "you might want to thank me?"I certainly do Fred. Many thanks for putting me off. I was in a conference all day today; and when I settled down on the train with the Evening Standard & read the news about the FCA & Spread betters, I wondered if your actions had had anything to do with it. Irrespective of whether or not spread betting companies operate against the interests of their clients, I think it's a good thing to reduce the options for leveraged trading. The Stock Exchange was originally set up to allow people & institutions to invest in businesses, not take bets of emotional reactions to news charts & tea-leaves.
Fred Prior
06 Dec 2016
JP Morgan 2450p PT just out did they hear what I did LOL?So undervalued its bordering criminal..
Fred Prior
06 Dec 2016
Hardboy IG Index good afternoon hardboy, I recall you telling me that you were disappointed as missed a few points on the rise with IGG the other week, as you were put off buying their stock because of my perception of spread bet companies and IG in general, is it still the case or perhaps you might want to thank me?Back to Hikma, very interesting news I heard from a Pharma analyst on my recent visit to the states, I won't say no more than that as I wouldn't want to sway your buying judgement again.Very nice to see that there was another huge buy reported on Monday and yes you are right, when an entity reaches the 30% threshold they do have to make a formal bid for the said company.....I wonder who might be first, perhaps a predator could pip them to the post? Nahhh, surely not?Good luck and as to the current open short positions, the borrowers are brave, very brave.
Hardboy
05 Dec 2016
Who owns what? I'm getting very confused as to who owns how many shares, because the directors own shares via different vehicles. According to Digit Look (which may not be up to date) Darhold own 24.2%, Said Darwazah owns 6%, Mazen Darwazah owns 3.5% Ali Al Husry owns 2.75%. I could not find the details on the Hikma site.Is the Darhold holding and the directors' holding double counting, or are they separate holdings?Friday's purchase was via Darhold, of which Said owns 21.67%, Mazan owns 10.92% & Ali owns 8.01%.The Hikma RNSs do not have the standard paragraph, "Following this purchase x owns Y % of the issued share capital," which would be beneficial to the understanding/ The latest purchase is via HMS of which the Darwazah brothers each own 29.1%It probably does not matter too much. The Board is obviously working in unison; and one way or another they have more than just their skin in the game.However they must be getting near to the 30% limit at which a compulsory bid is required of all the separate holdings are combined. If that comes it has to be at least at the highest price they paid in the last 12 months, which is well over £20.
paul1945
05 Dec 2016
Re: Another 15Ok Director buy Another 300,000 bought !
Fred Prior
05 Dec 2016
Another 15Ok Director buy Hi guys, I am enjoying my last couple days here in the states, just about to hit the hay as they say, been watching the referendum unfold and the positive way in which the market has took it LOL! Even more insider confidence shown here with this latest mega buy.Personally, I believe we have a predator lurking and the Directors know it, hence why they keep building up that blocking stake, alternatively, if the price gets even more ridiculously cheap, they may even put us out our misery and buy us themselves for 2900p!!!!WTFDIK!!!
Hardboy
03 Dec 2016
Morningstar Morningstar article on the Pharma Sector - [link] extract: -"3 major UK-listed biopharmaceutical companies AstraZeneca, Hikma Pharmaceuticals & GlaxoSmithKline have 4 star ratings, meaning Morningstar equity analysts believe that they are trading below their fair estimate share price values.AstraZeneca & Hikma Pharmaceuticals are down 8.8% & 27% year to date, while GlaxoSmithKline is up 12% year to date. These 3 stocks rose in value on Nov 9 when the US election outcome was revealed, however the share prices then fell from the following day onwards."They make no attempt or even acknowledge the huge discrepancy between Hikma's fall and the other 2.
Hardboy
03 Dec 2016
Re: Director Purchases Well if they were buying heavily when the share price was over £20, if they've still got any money left, they'd be stupid not to be buying at these levels.
Openwoe
02 Dec 2016
Director Purchases More significant Director purchases notified today. Any ideas anyone???
Ravinell
01 Dec 2016
Re: Caveat emptor Apologies, Mea Culpa, I was looking at the historical positions! it should be 3.85% and up to 4% at the close of play yesterday. FCA site.
bamboozled
30 Nov 2016
Re: Caveat emptor Ravinell: Not sure where you get that figure of 23.44%?According to this website it is 3.84% which is up recently from around 2.4%.shorttracker.co.uk
