bosley
- 20 Feb 2004 09:34
hewittalan6
- 06 Mar 2008 11:30
- 26003 of 27111
Losing the logic here.
The dealing charges are a flat fee, so that applies to all stock.
According to what you say, a rise in the SP of 10% would be irrelevant, as it is a small SP, but a 10% spread would be very relevant.
Surely you can't have it both ways?
Of course, SP is arguably up 100's of %, depending on where you draw the start line. To draw it at todays high seems somewhat arbritury.
PATISEAR
- 06 Mar 2008 11:34
- 26004 of 27111
In the half hour prior to 'the drop', trades were pitiful, about two+ million.
The first two hours saw nearly 200 million shares traded.
Over the past 5 days, I believe most shares traded came from the Brokers stash.{As most were buys}
They need more SEO shares for next week {results on 14th} when it will be in fever pitch[greed, lovley greed].
Over 283 million SEO shares traded so far today.
High % on Plusmarkets today was 17%.
cynic
- 06 Mar 2008 11:34
- 26005 of 27111
i am only teasing of course ..... in fact, if dealing charges are a flat fee (rather than % of value!), then they are disproportionately high (in % terms) per share when dealing with joke-value stocks ... certainly spreads are a very different matter, and in top-stocks, that can be very low indeed - e.g. <2%
hewittalan6
- 06 Mar 2008 11:38
- 26006 of 27111
Agree that spreads are significant, of course they are, and are often a good indicator of coming movements. But there is no disproportion in the dealing costs. If I buy a grand of stock, it costs me 12.50 (or thereabouts). This is 1.25% of my stake, regardless of the stock concerned. It only becomes disproportionate when the amount invested changes. On 100 stuck in, its 12.5%, on 10 grand its 0.125%. The SP is irrelevant.
required field
- 06 Mar 2008 11:41
- 26007 of 27111
The results will be terrible as usual : the only hope is the possible promise of a big contract.
cynic
- 06 Mar 2008 11:43
- 26008 of 27111
i'll stop the teasing - promise! ..... it's just that some people get absorbed with % .... admittedly with CFDs it is, or at least can be slightly different ..... e.g. i don't always stick by a -investment criteria and certainly if trading indices (dead scary at times!), the fee is about 10.00 x 2 per contract and the spread somewhere between 2 and 6 points depending on the time of day
TheMaster
- 06 Mar 2008 13:14
- 26009 of 27111
The dust settles today, while people take profit combined with MM tree-shakes, until the next leg up to 2p with the big boys buying more millions of shares for the bidder.
PATISEAR
- 06 Mar 2008 14:11
- 26010 of 27111
TheMaster
Wait for the retrace, down. possibly .80p
treikiman
- 06 Mar 2008 14:42
- 26011 of 27111
Online Alerts E-Mail Alerts Top Announcements Annual Reports Free Brochures About Us Help
Latest FTSE-100 FTSE-250 AIM techMARK Company Category Sector Archive
Search by: Keyword Company EPIC / TIDM SEDOL / ISIN
Stanelco PLC (SEO) Thursday 6 March, 2008
2:35P - Holding(s) in Company
print mail a friend fundamentals more announcements
Looking for a different ISA this year? F&C's specialist trusts allow you to be as adventurous as you want to be. Find out more.
Stanelco PLC
06 March 2008
Stanelco PLC ('the Company')
Notifiable Interest
A form TR-1 containing the following information has been received by the
Company.
TR-1 notification of major interests in shares
1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:
Stanelco PLC
2. Reason for the notification
An acquisition or disposal of voting rights
3. Full name of person(s) subject to the notification obligation:
Barclays PLC
4. Full name of shareholder(s) (if different from 3):
Barclays Private Bank and Trust Ltd
Barclays Stockbrokers Ltd
Gerrard Investment Management Ltd
5. Date of the transaction (and date on which the threshold is crossed or
reached if different):
05 March 2008
6. Date on which issuer notified:
06 March 2008
7. Threshold(s) that is/are crossed or reached:
11% to 12%
8. Notified details:
A: Voting rights attached to shares
Class/type of Situation previous to Resulting situation after the triggering transaction
shares Triggering transaction
Notification required under DTR transitional provision 7
if possible
using ISIN CODE Number of Number of Number of Number of voting % of voting rights
Shares Voting Rights shares rights
Direct Indirect Direct Indirect
ISIN 351,681,726 351,681,726 366,707,756 0 366,707,756 0 12.18%
GB0005814198
B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial Expiration date Exercise/ Number of voting % of voting rights
instrument Conversion Period/ rights that may be
Date acquired if the
instrument is
exercised/ converted
Total (A+B)
Number of voting rights % of voting rights
366,707,756 12.18%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
Barclays Private Bank and Trust Ltd
Barclays Stockbrokers Ltd
Gerrard Investment Management Ltd
10. Name of the Proxy holder:
N/a
11. Number of voting rights proxy holder will cease to hold:
N/a
12. Date on which proxy holder will cease to hold voting rights:
N/a
13. Additional information:
N/a
14. Contact name:
Geoff Smith
15. Contact telephone number:
020 7116 2913
This information is provided by RNS
The company news service from the London Stock Exchange
back to top
Investegate takes no responsibility for the accuracy of the information within this site. The announcements are supplied by the denoted source. Queries of this nature should be directed to the source. Investegate reserves the right to publish a filtered set of announcements. NAV, EMM/EPT, Rule 8 and FRN Variable Rate Fix announcements are filtered from this site.
kimoldfield
- 06 Mar 2008 14:46
- 26012 of 27111
Will we get the opposite tomorrow ie 12% to 11%?
tweenie
- 06 Mar 2008 15:05
- 26013 of 27111
The MM's can't have many MILLIONS of shares left to flog on , given the volumes traded the last few days. It would'nt surprise me to see the sp fluctuate heavily as the sp is pushed to trigger stop losses etc. or am I being cynical/too simple.
I won't be selling at a loss and the vast majority of long term holders I believe (IMHO) have the same ethos re this share.....i.e. HOLYSHIT OR BUST.
:-)
hangon
- 06 Mar 2008 15:10
- 26014 of 27111
The trades of 500k shares are about 4k -worth - hardly a big purchase, although "unfortunate" if you call it wrong.
Stock down abt 10% today......The spike is blunted!
PATISEAR
- 06 Mar 2008 15:24
- 26015 of 27111
Brokers getting ready to activate 'stops', but who goes first?????
bosley
- 06 Mar 2008 16:18
- 26016 of 27111
alan, i can't believe you didn't cash in when you went blue !!! well done to anyone who has made some money out of this rise.
hewittalan6
- 06 Mar 2008 16:27
- 26017 of 27111
Bos,
I am a silly and sad man, but I think there must be something, somewhere making all this happen and after writing off this investment in its entirity, I am loathe to sell up, even at a profit, until I have milked whatever has caused the SP hike.
I must be certifiably insane.
Alan
kimoldfield
- 06 Mar 2008 16:42
- 26018 of 27111
Trades today 264m Plus Market 100m LSE
Traded in and out a few times today but only managed 310 profit. Back to the day job I think. Still in and holding out for 35 by Xmas :o)
cynic
- 06 Mar 2008 16:48
- 26019 of 27111
alan .... i'll second that - lol! ....
with no RNS at all, it is smelling more and more like pure freak, where the sp has kept rising (until today!) as more and more sheep (not lemmings apparently!) jumped in (to take a bath?) purely because, "Surely there must be good reason" ..... history often shows that not to be so
hewittalan6
- 06 Mar 2008 17:06
- 26021 of 27111
being a bit more serious, cynic, once the investment is written down on my portfoilio, I believe I am doing the right thing.
To sell now, and realise a loss de facto, rather than on paper, just one week before results, at the end(?) of incredible activity and massive price rises would seem to be the counsel of a fool.
To hold on, means that at worst I realise losses I have already accounted for, from both a monetary and psychological point of view or at best, that I am in before news breaks officially, or results show SEO to be a good investment. I see no downside here.
To sell up means at best to break even and at worse to beat myself up over missing out on something I was expecting. I see no upside to that.
It may seem twisted logic, but thats how it is.
What may smell a little is a lack of RNS tomorrow or Monday on company holdings. I still maintain that with the volumes thus far, we must have some declarations to come, and if they do not, then someone is hiding something. If they do come, we may be a little clearer on what is afoot.
Alan
cynic
- 06 Mar 2008 17:11
- 26022 of 27111
hi alan .... thought you were actually running a profit, albeit a modest one ..... if there is an RNS, then i would not expect any more than the usual "reason unknown", which in all honesty may well be exactly that ...... could the initial surge and volume not be just a case of someone unwinding his long-held short? .... thereafter, perhaps as i mooted?