New stock on the shelves; lets see how Supercart rolls - straight to the tills or prone to wobbling uncontrollably... Updates / comments from me, most-recent at the top:

Update 14apr05: Finals so-so, but negatives largely already known about, and enough cash for two years at 2004-rate, with fair chance of a better 2005+ as the negatives largely get resolved and the broader product-base sees customer keen-ness turned into increased revenues. Patience still needed. Update 20dec04: Further 2,000-trolley order from Caddie; that's another one in the bag, then, or iron in the fire, I suppose ;-) Update 16&17nov04: Director bought 24,000 worth at 12p, triggering one of the quick moves I mentioned above; up 37% today. Then Philip Richards, CEO of RAB Capital, bought 7%. He was not on the list of major shareholders beforehand. This may reduce the free float to about 14%, unless his holding arose from the shuffle on 7oct04 (see RNS), whence the free float would be 21%. Up another 6% today, after The Times' mention of yesterday's director buying. Update 16sep04: Interim results: pluses and minuses, giving reasonable grounds to expect bottoming of the share price hereabouts (~20p). Small trades can move this stock, though, so I'm expecting to have to tolerate say 50% downside in the volatility the next 6 months. But news of a good deal or two, and there could be some quick moves up, bringing the stock onto traders' radar, despite the spread. Any such moves could well fade out, though, until some confidence or popularity creeps into the stock - might need to give it a year or so. All IMO. Update 26jul04: Supercart received its first commercial order from its exclusive European sales and distribution agreement with Ateliers Reunis Caddie SA ("Caddie"). That certainly rejuvinated interest again, and with CEO Mike Wolfe saying "I look forward to announcing further progress in due course, maybe, just maybe we have seen the bottom? But we're not out from under the falling resistance line yet... [I bought some more today, BTW.] Update 7jun04: Libertas Capital Limited disposed of its entire holding of 600,000 ordinary shares; that must have been one of the factors depressing the share price. Fingers crossed, there are no other overhangs still to clear. But one must remember this stock is tightly held, so some offloading cannot be ruled out; one would hope, however, that any divestments would be done in an orderly way so as not to adversely affect the share price too much (ever hopeful!) Update 1jun04: SC. top of the percentage gainers list today, but no real explanation for the recent rise nor the preceding fall; have to put it down to trading pressure and MM activities; perhaps a large sale being worked off-book. Update 1may04: Well, it's been downhill most of the time so far :( Maybe some of this has been due to it being listed on, and maybe subject to shortling on, the Berlin stock exchange? Of course, conversely, more-bullish trading there can/would have a positive effect on the price in London...

Links: - Web site - http://www.supercart.com - AIM admission RNS - Fashion Windows article - Supercart: A New Alternative for Shoppers - Shopping carts - why you should change - They also do baskets... - Press releases

This is just a crap trolley... 4.5p a piece.