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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/

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

another move up, just short of 7p

5.35p ( 5.25 / 5.45p )

Has move well down earlier and now on the bounce
The marked down was heavy though plenty of buys on as it was moving lower.
Now the MMs are changing the tactics

Last Friday's resume, MMs tactics and what tomorrow brings

Though the large sell ( 8M ) was the main reason for the drop, there was plenty of buys, as some were thinking at the time, was a bargain price, but the price kept falling on reaching 4pm and only 30 minutes left of trading time it seem there was plenty shares yet on the sell book to get rid off........ so down she went to the proper bargain 4.95 v 5p. and the rest of the 8M was sold. ( the buyers paid higher prices than the seller who got an overage 5.114p for the 8M shares )

Now the point is, are the lot sold or there is some more to get rid off?
The mark down was heavy ( almost 1p ), considering there was plenty of buying 8.16M v 9.9M sales, lets see what tomorrow brings

5.075p +0.10p

So far the large seller is gone though it did cause some jitters on some investors are there are some small sells still on the ticker, but the more important thing is the share is moving higher from the black Friday's mark down

Support was reached yesterday and hold and later rose
Buyers were in early and has not stop rising since

nice to see the share price moving higher, after the large trades tick the ticker and MMs not afraid to do that.

in such a stinking market, very well read indeed

5.525p +0.10p

has been busy with some large size buying for the last couple days and rising, after some strange large spread the previous days

5.825p +0.30 (+5.43%)
another top guy for the team...............

Senior Management Appointment
Richard Tray joins Executive Team

Concha PLC the AIM listed Investment Company focused on high impact global opportunities within the mobile, internet, sports, social media, digital and technology space, is pleased to announce the appointment of Richard Tray to its senior executive management team with immediate effect.

Mr Tray, aged 54, held senior investment banking and capital markets roles in structured finance at JP Morgan until 2004 when he formed Traycer, an independent financial consultancy serving managers of mainstream and alternative assets. In 2009 Richard became a Founder Partner of Traycer LLP, a boutique corporate finance and capital markets firm focusing on private placements (equity and debt) for corporates, entrepreneurs and funds, and debt advisory/restructuring services for unquoted SME clients.

In 1983 Mr Tray graduated from Cambridge University with a B.A. (Hons) in Economics and after a period with Chase Investment Bank in London, went on to obtain a Master's Degree in Business Management from Yale School of Management, USA in 1989. Later that year he joined GE Capital Corporate Finance Group, handling Leveraged Buy-Out and Acquisition finance before becoming a Director of Loan Syndications and Asset Sales at Chase Investment Bank in London.

Moving to the Structured Capital team of J.P. Morgan plc (formerly Chase Manhattan plc) in 1991, Richard was appointed as Group Head of Structured Capital - Europe in 1993 and promoted to Managing Director in 1998. In January 2002 Richard was appointed as Managing Director of Corporate Securitization with J.P. Morgan Securities Limited.

Commenting on the appointment Chris Akers, Chairman said "We are delighted to welcome Richard to the executive team. His wealth of financial experience at the most senior level will prove a great asset to the Company's ongoing development."

Close the position @ 5.85p on a T+5, took advantage of paying well over the bid price
and not many days left on the T+20 and indicators reaching overbought figures.
The % of 8.3% gain is not the normal ones I get these days but one can not be greedy if you do not pay for the stock.

bought back in again at just below the 5.05p offer price

reason:
Today 11:46 - 61.8% fibo retracement done
After the last rise from 4.425p to 5.90p had a large retracement to 4.975p today and that is fibonacci retracement of 61.8% , an amount considered enough to bounce back

Yet another hint. Chris loves them. https://twitter.com/sportschris/status/654254490795798529

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Will there be adverts on fansz?
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on the bounce now 5 v 5.20p and already paying almost full ask 5.1979p

has gone better and now...........

By the way the things are going it looks like we are going to finish with a "hammer" candlestick on the chart

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.

5.125p =

Yesterday was a Hammer ( black )
today a Doji
the pattern is then a : BULLISH HARAMI CROSS

The market is characterized by a prevailing downtrend.
A black body is observed on the first day. ( yesterday )
The Doji that is formed on the second day ( today goes higher and then closes level)

Next move
This is a major bullish reversal pattern with a change of trend to follow