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Welcome to CONCHA PLC (formerly Hot Tuna (International) PLC.

The stated aims of CONCHA PLC are to evaluate and invest in a broad range of
technology, media, well being and related industries.


Company History

Hot Tuna was born in Australia in the summer of 1969 to serve the demands of sojourning surfers, the product of a dedicated surfer�s passion fueled by the skill of his fashion designer wife. Spreading on the bodies and boards of watermen through coastal locales in the South Pacific, the brand quickly burgeoned globally, becoming an influential leader in the nascent surf industry and one of the progenitors of the neon era of surf in the '80s. Through the brand�s storied history, a long list of notables, in and out of the water, have waved the Hot Tuna banner at one time or another in their careers, including pro surfers such as Richie Lovett, Robbie Page, Beau Emerton and Drew Courtney.

In September 2005, Hot Tuna (International) PLC purchased the Hot Tuna brand from a consortium of investors and listed it on AIM, a division of the London Stock Exchange.

In the interest of managing its brand profile and distribution globally, the public Company began a rapid acquisition of its licensed interests around the world. Talented designers and key management with apparel business expertise from Quiksilver, O�Neill, Ocean Pacific, Rip Curl and Perry Ellis International, among others, were recruited to drive the process in the key markets of the United States, Australia and the United Kingdom. In July 2006, entrepreneur and fashion icon Elle Macpherson, who grew-up with the brand in Australia, was appointed as an executive director of Hot Tuna (International) PLC, her interests focused on design and distribution issues, as well as overall youth fashion and market insight. The Company's name change to Concha Plc (AIM Ticker: CHA) will become effective and the Company will begin trading under its new name from 8:00 a.m. on 7 February 2012.

http://www.conchaplc.com/

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curious, for haram (islam) = tref (judaic)

4.95p +0.15p

The trades for the last couple days have been erratic and I get the idea that MMs were playing games and trying to get the share on doing a double bottom on the chart ( the last low at end of March )

well today the thing has changed on reaching such a low and turning, finishing at best of the day that has created a Bullish Hammer Candlestick

BULLISH HAMMER
Definition
This pattern occurs at the bottom of a trend or during a downtrend and it is called a Hammer since it is hammering out of a bottom. It is a single candlestick pattern that has a long lower shadow and a small body at or very near the top of its daily trading range.

Recognition Criteria
1. The market is characterized by a prevailing downtrend.
2. A small body at the upper end of the trading range is observed. The color of the body is not important.
3. The lower shadow of this candlestick is at least twice as long as the body.
4. There is (almost) no upper shadow.

Pattern Requirements and Flexibility
The body of the Hammer should be small. The lower shadow should be at least twice as long as the body, but not shorter than an average candlestick. It is desired that there is no or a very tiny upper shadow. The bottom of the Hammer’s body should be lower than both of the two preceding black candlesticks.

It looks like MMs are still playing with the stock movement this days, and today is not exception though is on the way up today

stock on the bounce today as we reach the end of the month both with good CANDLESTICK close yesterday, maybe that is the reason for the marked up from the start

Had its ups and downs for the last few days, as not enough buying breaks the latest downtrend, as MMs will move it lower on any small selling.

marked up today on a slightly buying, let see if it goes the right way UP
has settle at this low price for the last couple days

Today's closing Candlestick ha made it bullish again

It was another .....BULLISH HARAMI CROSS pattern

maybe this time will be more bullish than the past one

FOLLOWING YESTERDAY'S MOVE HIGHER

the MMs must be short of stock as they move up with trades of 150K, that is their size on the Level 2

spread 4.90 v 5p
level 2 of 2 v 1 so positive


MAM charts not showing the right price

2 delayed trades after hours paying premium 5.05p for the 500K offer was 5p

TimeTrade -Price - Volume - Value
16:31:31 - 5.05p - 500,000 - 25.25k
16:30:04 - 5.00p - 25,000 - 1,250

5.175p + 0.235p

An early rise and following yesterday's late run.
Also opening higher as large buys ( 500K ) after hours

5.20p +0.225p

Now the bid price has move up twice in 3 minutes now is is delayed trades or market euphoria as no trades are showing for this rise? ...

....bid gone to 5.15p and since a couple of 250K buys, it looks like there was the orders to buy, and Market Makers had no stock on their books, therefor had to bid higher to get stock on their books.

rising with volume after the recent retracement
positive Level 2 of 2 v 1

Has settled on the middle, with delayed trades of 500k ALL OVER THE PLACE

There was a large spread when the shares reached the intraday peak 4.95 v 5.30p

so far 12.6m shares traded

A follow through this morning
Tfansz.com website is now in Chinese, English, Spanish and Portuguese.

Some very large trades going on and only a move up on the bid side

a few 100K and 150K
then
999.999
330.000
960.000
every time paying a higher price

5.25p +0.175p

General Update and Board Change

Concha announced with its interim results on 31 March 2015 that it was in discussions regarding a specific global opportunity within its investment scope. Those discussions are on-going and as part of this process, Concha's Asian based non-executive Director Gordon Watson is stepping down from the Board with immediate effect to take on a non-executive Board role with the proposed Concha investee company. Accordingly, Mr Watson removed himself from the discussions between both parties and he shall remain an insider for the duration of this transaction process. At present, there can be no guarantee that this investment will be successfully completed and the Board will update shareholders about further developments as appropriate.

Commenting on today's announcement Gordon Watson said:
"Just over a year ago Chris asked me to join his small dedicated team to help create a distinct UK listed investment vehicle focused on high impact and potentially disruptive global opportunities in the rapidly changing online social media space. We have been cautious in our assessment of various interesting opportunities. During the past several months we have as a team worked on a specific transaction and I have accepted the opportunity to take up a non-executive role with this proposed Concha investee company and as such step down today from my role as a non-executive Director of Concha. This is to avoid any possible conflict and ensure the highest level of due process and governance that all stakeholders wish to adhere to."

Concha Chairman Chris Akers said:

"Gordon has been a valuable Board member of Concha. Whilst work remains to be done on the proposed investment and no certainty of outcome can be given at this stage, the Concha Board shall continue to focus in the weeks ahead to endeavour to achieve the desired outcome for the benefit of our shareholders."

BREAKOUT

5.70p +0.40p

have moved slowly higher for the last couple days, but today is having a surge on breaking past highs with large volume since yesterday

moving higher at the end of the day 5.95p as volume went places

gone over 7p with a GAP to start the day

Close to BREAKOUT on reaching 7.225p

Good movement up on the afternoon, better than 0.50p