Window Cleaner Posted 21 October, 2008 Share Posted 21 October, 2008 Not a single SLH Plc share has been traded in nearly a week. I mean we're not usually the biggest bet on the market but for there to be no trades whatsoever in a week strikes me as strange. Link to comment Share on other sites More sharing options...
Weston Saint Posted 21 October, 2008 Share Posted 21 October, 2008 I spoke to a friend on Friday to see it it was him who purchased the 35,000 shares last Monday as he said he was going to. He said he tried to get £10,000 worth but was told by his stock broker that there were non spare in the market unless he was prepared to pay over the odds. He did not follow it up bt clearly someone did at a premiun rate. So it could be lack of avaialbility is the reason. Link to comment Share on other sites More sharing options...
Window Cleaner Posted 21 October, 2008 Author Share Posted 21 October, 2008 I spoke to a friend on Friday to see it it was him who purchased the 35,000 shares last Monday as he said he was going to. He said he tried to get £10,000 worth but was told by his stock broker that there were non spare in the market unless he was prepared to pay over the odds. He did not follow it up bt clearly someone did at a premiun rate. So it could be lack of avaialbility is the reason. meaning that everybody who wants to sell has sold or that those who "know" are expecting the price to rise? Link to comment Share on other sites More sharing options...
Weston Saint Posted 21 October, 2008 Share Posted 21 October, 2008 meaning that everybody who wants to sell has sold or that those who "know" are expecting the price to rise? Likely to be small holdings who are Saints supporters and do not wish to sell or Wilde, Crouch, Lowe Group and supporters. Will the price go up? Depends on future investment plans. Will the price go down? Depends on whether we slip into Administration. The share price is not much affected by the wider market. I suspect it will bounce along with a max 5p move in either direction until something major happens. I suspect we are in a "HOLD" situation at present. Link to comment Share on other sites More sharing options...
trousers Posted 21 October, 2008 Share Posted 21 October, 2008 meaning that everybody who wants to sell has sold or that those who "know" are expecting the price to rise? Indeed. Does this not go some way to shooting down the "it's not significant....it's only 0.0000004% of the overall share allocation...." argument that a lot of the cynics come back with when someone highlights a batch of round 5 figure sums being traded from time to time? In other words, if it's difficult to get one's hands on 10,000 shares then when one sees a series of such trades, more or less at MARKET RATES, then 'something' relatively significant must have happened behind the scenes to make it happen? Link to comment Share on other sites More sharing options...
Window Cleaner Posted 21 October, 2008 Author Share Posted 21 October, 2008 Likely to be small holdings who are Saints supporters and do not wish to sell or Wilde, Crouch, Lowe Group and supporters. Will the price go up? Depends on future investment plans. Will the price go down? Depends on whether we slip into Administration. The share price is not much affected by the wider market. I suspect it will bounce along with a max 5p move in either direction until something major happens. I suspect we are in a "HOLD" situation at present. Jonah never gives us the benefit of his wisdom any more. Perhaps he's no longer in the citeh. Link to comment Share on other sites More sharing options...
Eyes k8 Posted 21 October, 2008 Share Posted 21 October, 2008 Jonah never gives us the benefit of his wisdom any more. Perhaps he's no longer in the citeh. No he's in Wales Ok I've gone. Link to comment Share on other sites More sharing options...
Window Cleaner Posted 21 October, 2008 Author Share Posted 21 October, 2008 No he's in Wales :cool::cool::cool::cool: Ok I've gone. :cool::cool::cool::cool: Link to comment Share on other sites More sharing options...
WealdSaint Posted 21 October, 2008 Share Posted 21 October, 2008 I suspect that any significant sale of shares would send the price plummeting, unless there is a takeover in the air. Link to comment Share on other sites More sharing options...
Window Cleaner Posted 21 October, 2008 Author Share Posted 21 October, 2008 I suspect that any significant sale of shares would send the price plummeting, unless there is a takeover in the air. Perhaps, the only really significant sales of late have been on a see saw basis, the really amazing thing is that there are no movements whatsoever and no solid blocks available at the quoted price. If you want 30000 shares you've to pay over the odds for them.I am beginning to think the entirety of our share issue has been virtually concentrated into 2 poles(all with satellites) and that there are virtually no free market shares available. But I'm not a citeh wallah, I just think about things a lot when I'm out on those mind numbing 5 and 6 hour runs. Still a nice 8 hour off road race this Sunday should give me ample time to reflect on this and many more vital subjects. Link to comment Share on other sites More sharing options...
hughieslastminutegoal Posted 21 October, 2008 Share Posted 21 October, 2008 meaning that everybody who wants to sell has sold or that those who "know" are expecting the price to rise? ...And anybody who wants to buy have bought? I hope you are not suggesting that there has been any insider dealing going on. Link to comment Share on other sites More sharing options...
Window Cleaner Posted 21 October, 2008 Author Share Posted 21 October, 2008 ...And anybody who wants to buy have bought? I hope you are not suggesting that there has been any insider dealing going on. No of course not, just some casual reflection on lack of activity. Link to comment Share on other sites More sharing options...
Amesbury Saint Posted 21 October, 2008 Share Posted 21 October, 2008 given what has happened in the wider market I am surprised that the Saints share price has held up so well over the last few weeks. Link to comment Share on other sites More sharing options...
suewhistle Posted 21 October, 2008 Share Posted 21 October, 2008 I wonder if there are still decent holdings by any investment/pension companies? I'm a small shareholder (1500 IIRC!) and the shares are worth more to me emotionally and as an entree' to the AGM than any monetary value. I'm on a very small income but unlike some here I put my money where my mouth is.. Apart from pension companies and small shareholders like me where are the shares held, and why aren't people profit-taking? I suppose it is quite an interesting question.. Link to comment Share on other sites More sharing options...
um pahars Posted 21 October, 2008 Share Posted 21 October, 2008 I wonder if there are still decent holdings by any investment/pension companies? I'm a small shareholder (1500 IIRC!) and the shares are worth more to me emotionally and as an entree' to the AGM than any monetary value. I'm on a very small income but unlike some here I put my money where my mouth is.. Apart from pension companies and small shareholders like me where are the shares held, and why aren't people profit-taking? I suppose it is quite an interesting question.. There aren't any decent holdings by any investment/pension companies. AFAIK there is only one smallish one with just over 3%. Link to comment Share on other sites More sharing options...
jonah Posted 24 October, 2008 Share Posted 24 October, 2008 Jonah never gives us the benefit of his wisdom any more. Perhaps he's no longer in the citeh. I am still here and still in the City, but that's only because they have locked the windows to stop everyone jumping out. The NMS (Normal Market Size) for Saints shares is only 2,000 - the NMS is the minimum number of shares which the market makers must provide a guaranteed quote for. This figure is derived from the volumes traded over a period of time - ie. because our shares are only lightly traded the NMS is low. Currently you can get a firm price for 7,500 @ 27.63p. So whoever just bought 1k @ 28p has a crap broker! In terms of trying to buy 35,000, again they need to get a better broker :-) To be fair it will be tricky to get that quantity in the market, hence why the market makers are quoting a high price, but the thing to do is to phone the house broker and see if they have a willing seller - chances are there is someone wanting to offload 50k or 100k but has the opposite problem - they are being quoted a really low price to sell. The house broker (in theory) could be able to match up interested parties, although the size is a bit low to be honest. It's a bit weird that people are buying shares just now - given the markets are in a state of panic with indiscriminate sell-offs (down another 8% today), it seems odd for anyone to buy a football club share just now, let alone Saints! There's not much correlation between our price and the main markets, but even so it's hardly the time to be having a punt on our shares! Link to comment Share on other sites More sharing options...
trousers Posted 24 October, 2008 Share Posted 24 October, 2008 Cheers Jonah - I think that's the first explanation about how share trading works that I've actually understood on here! Link to comment Share on other sites More sharing options...
Window Cleaner Posted 24 October, 2008 Author Share Posted 24 October, 2008 Cheers Jonah - I think that's the first explanation about how share trading works that I've actually understood on here! Yup, wicked good explanation. Link to comment Share on other sites More sharing options...
slickmick Posted 24 October, 2008 Share Posted 24 October, 2008 Cheers Jonah - I think that's the first explanation about how share trading works that I've actually understood on here! Glad you did, I've read it 5 times and Im still lost. Link to comment Share on other sites More sharing options...
Window Cleaner Posted 24 October, 2008 Author Share Posted 24 October, 2008 I am still here and still in the City, but that's only because they have locked the windows to stop everyone jumping out. The NMS (Normal Market Size) for Saints shares is only 2,000 - the NMS is the minimum number of shares which the market makers must provide a guaranteed quote for. This figure is derived from the volumes traded over a period of time - ie. because our shares are only lightly traded the NMS is low. Currently you can get a firm price for 7,500 @ 27.63p. So whoever just bought 1k @ 28p has a crap broker! In terms of trying to buy 35,000, again they need to get a better broker :-) To be fair it will be tricky to get that quantity in the market, hence why the market makers are quoting a high price, but the thing to do is to phone the house broker and see if they have a willing seller - chances are there is someone wanting to offload 50k or 100k but has the opposite problem - they are being quoted a really low price to sell. The house broker (in theory) could be able to match up interested parties, although the size is a bit low to be honest. It's a bit weird that people are buying shares just now - given the markets are in a state of panic with indiscriminate sell-offs (down another 8% today), it seems odd for anyone to buy a football club share just now, let alone Saints! There's not much correlation between our price and the main markets, but even so it's hardly the time to be having a punt on our shares! Looks like some-one found a good broker nearly 15000 at 25p, Link to comment Share on other sites More sharing options...
trousers Posted 24 October, 2008 Share Posted 24 October, 2008 Glad you did, I've read it 5 times and Im still lost. .. Link to comment Share on other sites More sharing options...
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