View
Lesson: Never trade based on your biases.
If you believe in charts to forecast the SP you are totally deluded.
i have never heard such pathetic ramping in my life! Over borrowed or scared people ramp like that. The equivalent of a very nervous smile.
Thanks for reminding us Jimmy - lest we forget you have been correct for the last 5 years
I used to have a large holding in ESP, bought at a couple of the fund raisings last year. However, I sold out, not because of the Brexit story but because 1. I was concerned when the finance director recently resigned, 2. The management incentive scheme looked greedy, given the size of company and what was already in place, in my opinion and was not backed by blanket vote from shareholders when it was passed, 3. the portfolio revaluation gains have been a significant part of dividend, which has until now not been covered by earnings (ie from my understanding the capital raises have been used to fund the headline 6p dividend). 4. another fund raising is due, the problem they have is to get large oversubscription is harder given last was @107 and share price not that much higher now.
Wait for big spin from our beloved. If no farm out better he hit roads.
i really don't know why everyone is bitching about a lack of share price action. Look at the graph? It shows a perfect uptrend, yet still with a company that has shown NO profit.
Apparently none of the major shareholders have sold out or reduced so why not? Anyone got any ideas? I imagine they believe that the market perception will only get better and it will when the Market realises that my previous post is and was always the case.
It's a Business Relationship: Apple will choose the Best Product Available at the time. Forget the public Slap-down for IMG and any USA/UK special relationship. It's business and IMG just need to keep their products at the Cutting Edge and well protected and DEFENDED and if they come up with the best available then that is what Apple will wish to use.
The trouble is that there is virtually no fluidity volume in the number of shares traded.