When a director or who ever buys shares in the company that he is involved with how long is it before he has to declare it to L S E or how does it work

Mo, Interesting question.

Probably in there somewhere, can you let us know when you do, thanks.

I thought I'd have a quick look, but as with anything to do with legal requirements - its either as clear as mud or you have to subscibe! Clear as mud!

its interesting to see at the end of each day the directors buy's and then to watch them for a day or two. more often than not they move up, so what i am saying is they have a bit of insider knopwledge and use it but we dont get to know who is buy'ing untill the end of the day or the day after smart isnt it

as per my experience when directors are fd or ch or md or ed buys its a good sign not the same for ned buys . finance director buys are more important in some shares , tried following the dir buys ,have to hold on to the shares for longer as the sp jumps on big vol buys,dyor on the share buy .its a ok stratergy for longterm however picking the right one and the quantity bought , luck and timing depends if it puts you in gain or loss.confused!!
not many good director buys recently . info for dir buys appear www.investing.thisismoney.co.uk and in market scan on www.moneyam a few minutes earlier so check these sights catch some before market closes .dyor i bought a few fd buys and in loss so not as simple as it sounds .gained on chairman buys and viceversa .i hope it helps

take for instance my buy for bby balfour ,news today did not have to wait long .a winner 1% gain today minus trading costs on positive news .however when bought yesterday was at 1.5% loss .not a big deal of gain for one day,better than a loss

I regularly check director buying, in my experience the number of directors and the volume of shares bought is important, but is not a guarantee of sp appreciation. If 3 or 4 dir's are buying a decent number of shares it pays to take note, be careful if the price they pay is significantly below the current sp or the price you have to pay. My first punt on dir's buying was HTV (many moons ago) paying 22p, five months later I was patting myself on the back when selling @ 51p, super, until you realise 2 years later they were taken over by Granada TV for in excess of 6 each.
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This could be a good thread for highlighting possible opportunities to buy on the strength of dir buying. Good luck all.
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Thanks for all your answers i will be watching them myself now that is understand the dir's and ceo's ned's. but like you say D Y O R

do your own research (dyor).buying price is important to dir paid price ,make sure its a buy and not an excercise of option and look into the share all director deals so if they have sold 50k and bought 25k not good etc .

Dunno, but if it isn't like this, - then it should be.

Senior Dirs should report their Buys and Sells within three days and preferebly on the same day. Senior Execs should report their trades within five days but preferably within 3.

Failure, or repeatedly taking the longest-time should result in a fine of minimum 5k, or 2% of the trade value, whichever is the greater.

No Opions allowed, no alternative payments, cheap stocks etc. unless these are offered on equal terms to private shareholders with a timescale of a minimum 4-weeks from posting the notice.

There is another issue that perhaps hasn't been mentioned:-
-that of "closed periods" this is when the Directors/Execs are presumed to know sensitive information that would put them at an advantage compared with the Market as a whole.
- So my Rules are these:-
No trading in non-shares, or futures, options, or share-based bets, no spread bets allowed at all for Directors or senior executives...
None of the above, or shares may be traded, or agreed to trade for two months before the release of sensitive information. Whether information is "sentive" can be determined by the movement in the sp from the high, (or low) within 1-week prior to the announcent and six weeks after. In addition shares in related-companies may not be traded by Directors or executives in companies that are connected by way or business or where a conncetion may be assumed by any unconnected investor not having specialist knowledge of the business or its customers, suppliers etc.


Personally, I like to see Director Trades, but too often they are reported up to 10-days after the event, also I've seen trades that are rather "close" to announcements, only to discover that particular Director knew nothing of the Company's imminent announcement.
Whilst I like to see Buys (when they are above 50k's -worth), and/or Sales since small amounts are not worth getting excited about.

Share-options are the unacceptable side of share trading, since it's a win-Win with no downside (for the beneficiary!), and it's a Lose-Lose for other shareholders, who have to fund it.

I would like to suggest another "Rule"
- that if any Director want to take a Company private, they must immediately resign and forfeit their last year's salary and benefits; since it is evident their interests and those of sharehoklders are mis-aligned.

arl and pinn intresting buys,dir buy

I know you can see on directors deals on money am but what other places can you look,

mojo47, ---------------- thisismoney.co.uk is quite reasonable.

PRA may be worth a look on director buying. Current sp 8.38p.
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old news looked at it yesterday ,i sugest you go to lse sight go into reg news director /pmr and see vol umes you might even spot when the directors bought it they bought around 6.75 .so it it drops bck big loss .http://www.londonstockexchange.com/exchange/prices-and-news/news/market-news/market-news-home.html
best of luck do some research on all trades for day the bys vol value and sell .simple demand more the price likely to go up .keep me posted when you find a gem of a buy .i will do the same for you

chakli-----I noticed that from yesterday where the 2 directors bought at a significantly lower price, buy 2 more have bought today, 1 paying more than the current sp of 8.62p, the other paid 8.17p.
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the names do not appear in directors profile however worth a punt go with the flow .too busy to verify in detail .

Of note - if you click on NEWS above and enter PDMR into keywords, you will get the Director deals.

thanks skinny

JJB Sports----4 directors bought a total of 450k worth @ 33p each on 14/10/09, may be worth an interest.
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Just checked again and it's 5 directors for a total of 500k.
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they must know something we dont at ( JJB) as they have all lost money, could be to do with tax losses ?

You could have bought for 32p 15minutes ago.
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George - did you miss this -

Statement re investment in JJB Sports Plc





TIDMCRS TIDMJJB

RNS Number : 9586A
Crystal Amber Fund Limited
19 October 2009

?
19 October 2009


Crystal Amber Fund Limited
("Crystal Amber Fund" or the "Company")


Statement re: investment in JJB Sports plc


Crystal Amber Fund confirms that it has committed to subscribe for 28,453,368
shares in the proposed firm placing of shares in JJB Sports plc ("JJB"), as
announced by JJB on 12 October 2009.


The Company also confirms that following the sale of 22,000,000 shares on 14,15
and 16 October, its current shareholding, prior to the proposed placing, is
13,670,819 shares, equivalent to 5.45 per cent. of the current issued share
capital of JJB. The shares were sold at 32.6p per share and were acquired
between April and June 2009 at 22.43p per share. This represents a realised
profit of 45.3 per cent.


William Collins, Chairman of Crystal Amber Fund, commented:


"We have been actively involved with recent developments at JJB and welcome the
proposed fundraising.
We intend to continue to play a full role in helping JJB with its recovery
programme. Following the placing, JJB will remain the largest holding of Crystal
Amber Fund and we retain a significant shareholding in JJB's much enlarged
capital base."

And from Friday's Telegraph.

No (24/25) and yes (25/25) cheers.
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lgen legal and genearl cfo buys @88p

inch dir exec/finance buy 22nd oct

dir finance buys ,buying in spurts the same dir ,somethings making him buy
bag @8.00

JJB Now 4.5p lower than the directors paid recently, will it touch the placing price?
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