Morrissey is back with a new album at no 1 in the album charts out on Sanctuary Records (SGP). This is a big deal for a pretty small company. Added to this the first half results out today should show improvements in first half sales - their niche strategy is working. Expectations of an upbeat trading statement with double digit growth bucking the trend in the music industry. Share should tick up today.

I am seriously thinking of giving this a shot @0.47. The re-sale of shares is happening in March, so its got a chance of going up before that.

yip edd....great invetsment strategy...it cannot go any lower.....yes it could it will probably go bust...so yes it can go 100% lower

robalex, I would think nobody in their R.Mind would punt on this share. The TA is poor and the future PEGs are poor. If you have only 2000 to play with and don't have any immediate calls on it, the more sensible thing to do would be to find two share in the Midcap range which have established and sustained upward SP Trends of reasonable rate. Split your capital, place relatively close trailing stop losses (to cut your losses, you have had enough already) and ride the uptrend taking moderate SP growth over a period until you get your original stake back. Changing the shares when the trend reverses and moving on. You are more likely to profit than reading some of the BS written on BBs.

IMHO Good Luck.

great more money!!!, sold my 4000000 @47p for 60p. Profit of 5,200
you have to risk it to make it

HI EDDMCM WHAT ABOUT YOUR COST??????5200 IS NOT ALL PROPIT?????

edd....cannot see your trade today or from yesterday actually....if you are going to lie about it please try and be realisitic......or if you point out the time of the trades..I will post them up here...if not please do shut up old boy....anyone else is welcome to have a look at the LSE tarde data which tells no lies

I'm prepared to add 2p to the consortium buying the receptionist's desk leg. Well, they did say never invest more than you can afford to lose. ;-0 I'll have to wait 'til next month for my next Fruit Salad. LOL

al...usual nonsense going on here..EDD still waiting for you tro point out your trade on the official LSE trade jotter.......or have you decided you have made a big enough arse of yourself?

Hmm, must be the latter then, T. ;-))

There's quite a few people who seem to fib slightly and disappear when it is pointed out that what they say can be proved or disproved. As for SGP - real shame. Nice outfit at one time

SGP are offering their shareholders the right to subscribe
for additional shares on the basis of 8 new Ordinary shares for every 75
Ordinary shares held 50p per share when the shares are re-stated in March. Any sensible analysis on whether to go for this option or cut losses as they stand?

Can anyone explain what has just happened with sanctuary's share price. I am a novice investor and sold last week at 0.29.I looked to-day and they are now at 53.0. Did I miss out on a massive profit??

frsSim, dont panic you didn't miss the boat[or the profit] there was a share consolidation to reduce the number of shares in the market. [ i dont pretend to know the exact consolidation as i am only an amateur myself but prob something along the lines of 1 new share [at approx 50p] for every 150 old ones [at approx 0.3p] thus the new price of 50p[+/- todays movement]. I dont know if the the shares are a good move, i watched and decided against them but that is just my opinion. the professionals may be able to give you the exact consolidation split.
hope this helps

robertalexander, thanks for replying to my post. You have made me feel better. I think I will stay away from Sanctuary for the moment.

robertalexander, thanks for replying to my post. You have made me feel better. I think I will stay away from Sanctuary for the moment.

Still suffering even after consolidation the sp was below 0.0030 converted to about 55p now 27p not looking very healthy.

http://www.moneyam.com/action/news/showArticle?id=1367581

something up here...apart from the price?

31% up on the day...wait fo the announcement....

The Company has noted the recent rise in its share price. The Company confirms
that it has received approaches from third parties that may or may not lead to
an offer for the Company.

A further announcement will be made in due course.

47% up and no ones interested...lol....

foale
Missed it what about you.