vb6
11 Nov 2017
Re: Que pasa? [link] Caster back in charge is good news in a difficult time.vb6
vb6
11 Nov 2017
Re: Que pasa? This may explain it (from ADVFN discussion board)[link] guess Monday could be difficult. Yours In The Headlightsvb6
Hardboy
10 Nov 2017
Re: Que pasa? This seems very harsh treatment for the delaying of a deal, which hardly set the share price sky rocketing when it was announced.
vb6
10 Nov 2017
Re: Que pasa? (Reuters) - British defence contractor Ultra Electronics (ULE.L) said it expected a delayed decision from the U.S. Department of Justice (DoJ) on its $234 million (178.08 million pounds) purchase of Sparton Corp (SPA.N).Ultra Electronics, whose shares fell 7.9 percent to 1577 pence at 0840 GMT and were the worst performers on the FTSE Midcap Index (.FTMC), said on Friday that it had agreed with the DoJ on time targets for further document submission and time limits for the DoJ's discovery and decision-making.Assuming that Ultra Electronics and the DoJ meet a Nov. 30 target, a decision from the DoJ is now expected at the end of March next year, the British firm said.Ultra Electronics said in July that it would buy Sparton Corp, which makes anti-submarine warfare devices used by the U.S. Navy, creating a major supplier in underwater warfare, including to the U.S. Department of Defense.However, the British firm said in September that the DoJ had asked for additional information under the Hart-Scott-Rodino Antitrust Improvements Act.Liberum analysts, who rate Ultra Electronics shares as a "buy", said further delays were possible, while analysts at Berenberg downgraded the stock to a "sell" from "hold", citing "persistent organic decline".Berenberg analysts also pointed to budgetary pressure in the British defence market, which accounts for about 15 percent of the group's revenue and forecast Ultra Electronics would miss its full-year targets.U.S. President Donald Trump has sought what he called a "historic" increase in defence spending and has criticised European nations for low defence spending.
Hardboy
10 Nov 2017
Re: Que pasa? Just noticed there has also been a broker downgrade: Berenberg changed from hold to sell, but surely markets don't take THAT much notice of brokers.
Hardboy
10 Nov 2017
Re: Que pasa? Just noticed there has also been a broker downgrade: Berenberg changed from hold to sell, but surely markets don't take THAT much notice of brokers.
Hardboy
10 Nov 2017
Re: Que pasa? Equally baffled - I saw the news update this morning and assumed it was just a normal part of the process for the take-over, making it news which was pretty much price movement neutral.
vb6
10 Nov 2017
Que pasa? Is the Spartan thing a good reason for the slide from £22 to £15 in recent times?What did the shorters know?Where will it end?Yours Disturbedvb6
Rusty Jock
27 Oct 2017
Re: Short Positions Shorts now up to 8.6% on a rising trend .Not a holder yet but on my watchlist and starting to look interesting again .Difficult to make money on the long side when there is such an interest from shorters .
Hardboy
16 Oct 2017
Re: New Contract It's done it again.
Hardboy
04 Oct 2017
New Contract Every time they announce a new contract the share price seems to fall. Odd
Hardboy
21 Sep 2017
Re: Short Positions [link]
vb6
21 Sep 2017
Re: Short Positions Is there any more news regarding the percentage of shorters?Yours Not Shortvb6
IAmShareCrazy
11 Aug 2017
Re: Short Positions Well their recent shorts have hit home recently. If it bounces off the 200 day moving average I might be tempted to follow them. There has been some follow in the sell off due to the results missing the mark.
Hardboy
09 Aug 2017
Re: Short Positions I'd be surprised - just traders trying to follow momentum or push the market.
