anyone have an idea why this has been flying over the last week? had Hutchings finally bought something?

interesting levels now...

indeed

proptrade

How about putting some charts at the top of this thread?

no funky tech charts...this one says it all.

as an update to my current thinking i posted this incorrectly elsewhere and thought i would post it where it should be!

well i hold this stock for one reason only and that is because Hutchings is in charge and his Tomkins cronies are with him. Hutchings was probably my first "new" business hero when he took on his mentor (Hanson) and took over RHM. at the time i thought, the audasity!, but then thought...business is business and this guy will do anything to succeed. so when he was chucked out of tomkins i thoight his next roll of the dice must be spectacular...still waiting.

the thing is the environment has changed over the last few years. Lupus is now competing against hedge funds, private equity and various other punters who are scouring the market in the same way Lupus is trying to do. the difference is that they are probably more likely to pick up a smaller company than a big fish because the former may fall slightly below the radar of the now huge players.

i have faith in hutchings but have only about half my normal investment in this stock simply because there is a risk that the deal may never come or he is foreced to wildly overpay. on the positive side, these boys have their own cash in and in my opinion if they had really done their sums they would be waiting with private equity cash as opposed to running a plc to pounce on their first aquistion, but instead there is pressure to do a deal and as the months roll on the price may drift wondering whether their strategy in this aggressive environment will see a deal at all.

the plus side is of course that these guys have experience, cash, contacts and a proven track record in turning minnows in ftse 100 companies. i have faith that a deal will be done and wouldn't be surprised to see a market cap within a few years of a ftse 250 company.

dealmakers only stop making deals when they die. Hutchings and Co are alive and kicking....maybe just browsing but just haven't found anything to get the heart rate racing.

as usual DYOR but my thoughts are have a small interest and average up on a great deal. if they fall then less is lost....

hope this helps...good luck
rgds
Proptrade

Thanks Proptrade,

How about a 5 day chart & a 1 month chart as well?

UP 12.73% so far today.

proptrade,

thanks but I meant put them at the top of the thread.

Add the volume display to each one as well.

I could do it myself if I started another thread but I didn't want to start a new one.

apple...a gift for you!

thx for not starting another thread. happy to update as and when...they are a quid!

Thanks

I'm out, I took my small profit.

ok, it has taken a while for news but this is the typical stick it in the bottom draw scenareo. i have a smallish investment and happy to wait....keep an eye on them and if there is momentum....

I'm in and looking back why did I? Looking at the chart I wouldn't normally but now in so long term hold as they say!

I'm also still in but becoming increasingly frustrated with the lack of newsflow.

agreed but i have confidence....

....I know. Where do you get it from, and how much does it cost?!

lol...back the management (a variation on back the bid for London 2012)

Dropped again,

I'm glad I took my profit & left.

If it drops another 1p, I may buy again.

well at least it is still on the watch page! i feel a deal in my bones...

Now 13.5p, down a bit more & I'll have some.

If I can get some for 13p, I'll be interested.