GEOFFREY.R
- 01 Nov 2003 16:46
I bought shares in this company at 4.5p in September 2003. I see they are rising. Can anyone tell me please the growth potential for this company as they have just been awarded several new contracts ?
jfletendre
- 27 Nov 2003 19:04
- 632 of 1924
A penny drop today.
Hi Sue - have been out all day, as I know you have but would really appreciate your response to this post. I know far less than you about trading/assessing a company's value/potential etc and I'd like to run my thoughts/questions by you. I hope you don't mind!
Firstly, of late, a lot of companies that have announced results, and bloody good results, end up dropping considerably because of profit taking - some seem to take a long time to recover (ie look at ZOO) What is your view on profit taking when the forthcoming announcement is made - I appreciate that it's not results being announced but product contract news.
Secondly, when it comes to this particular company, I'm not quite sure what being "oversold" means (an observation made in a previous post)and the possible consequences of this.
Thirdly, given that CMS are approaching investors for funding, it seems that institutional investors expect a discounted share price - what stops them from going straight to the market and dumping them for an immediate profit, leaving the private shareholders (us!)with a devalued share and also, if there are a huge number of shares then created for the Institutional Investors, does that mean because of a dilution, shares are worth less because you have a smaller piece of the company?
Fourthly, right now, shares have been difficult to buy and I think a number of us have been accumulating - I know I have. Does that lack of liquidity mean that it could work AGAINST us if the tide turned and we would be penalised price wise for selling in large numbers?
As you can tell, I really am pretty green to all this and am learning - I hope my questions aren't too ignorant/naive/stupid but as I have a substantial stake in CMS, I would like to make myself aware of all the different angles!
Sorry this is so lengthy!
Regards
Anna
jfletendre
- 27 Nov 2003 19:06
- 633 of 1924
And sorry, this is for anyone who can spare the time to respond!
Thanks
Anna
axe79
- 27 Nov 2003 19:44
- 634 of 1924
Have posted a detailed update on another site, a d v f n c w v
jfletendre
- 27 Nov 2003 19:57
- 635 of 1924
Hi axe79
Very keen to read your post but I am not a member - do I have to be to access your post?
Anna
ckmtang
- 27 Nov 2003 20:03
- 636 of 1924
i aslo have the same problem I am not member can`t read it.
jfletendre
- 27 Nov 2003 20:16
- 637 of 1924
Hi again
Axe79 - thank you - sorted - just logged on and read your last 2 posts - phew! almost 5,000 posts on CWV!!!
ckmtang - it's easy to access - just log on to Advfn.com and you can register for free and access their B&B board
Regards
Anna
ckmtang
- 27 Nov 2003 20:28
- 638 of 1924
i can`t beleive ppl really looking forward to this share and they guess the price from 15p up to 1.5 pound
momentum
- 27 Nov 2003 20:40
- 639 of 1924
Hi Anne,the answer to your question would be yes it would be very difficult to sell in any large quantity. The test will come over the next few days if we get down 2 or 3p tomorrow and then Monday down again. Remember profit is king and there isnt a profit until you take it. The market has rallied on impending news, if that news does not arrive weak holders wiil take their profit. Remember the saying buy the rumour sell the fact?
Regards stephen
ckmtang
- 27 Nov 2003 20:55
- 640 of 1924
Momentum:
I think you are quite pessimistic of CMS. From the words you wrote, you seemed looking forward CMS going to keep dropping.
SueHelen
- 27 Nov 2003 21:11
- 641 of 1924
Hi Anna, I have been at university so haven't been able to post with my views during the day. They is absolutely nothing to worry about with the fall today. The price was at 17-18.5 pence during the morning session today with the MMs offering 17.5 for your stock up to midday. After which, what happened was a lot of buy trades went through, a good few for 25,000 shares and one even for 50,000 shares. Just very some small sells had gone through at this stage. So the MMs pulled the price down to 16.5-18 pence to see if it would stop the buying. What happen was that buys were still going through at 18 pence. Then as you know MMs like doing the odd treeshake and finally towards close they pulled the bid down to 16 pence to trigger stop losses. That is all, it is just replicating what we have seen over the last few weeks.
As momentum suggested the other day that he would keep a 20% loss whereas I was against it. Well it was for this particular reason. MMs will trigger some stop losses then put it back towards 20 pence either tomorrow or Monday.
There is absolutely nothing to worry about with the amount of news that is due to come out. I have a holding of 190,000 shares and they will happily take that off me by paying a premium of 16.75 pence even with the bid closing at 16 pence. yet I cannot buy more than 25,000 shares at 17.5 pence without paying a premium. This clearly backs my view. Earlier in the week to trigger some stop losses the bid was pulled down to 15 pence and after 2 minutes the bid was at 20 pence. That is a clear sign of MMs actions. They will try and gather as much stock at these levels and then sell them at higher prices. That is why we had the fast rise from 10 pence as MMs accumalated the stock at 10 pence and sold them at much higher prices. They did the same thing at 9-10 pence levels and tried to trigger stop losses before that big push (see graph). If you look at the chart it is the same pattern and from either tomorrow or Monday you should see the price heading over 20 pence. Same actions here for a day or two then we will see the same big push and the MMs will be selling the stock they have gathered around 20 pence levels. This is clearly evident with the way MMs have asking for a premium for stock over 25,000 shares.
I have no intention of selling at these cheap prices. If you have a small holding some could buy and sell. However, I know that I will not be able to buy 180,000 shares for anything less than 19 pence or even buy that many in one go. And there is no way I want to be left out when the RNS comes out.
Best Wishes,
Sue.
SueHelen
- 27 Nov 2003 21:14
- 642 of 1924
Momentum,
Have to say that there is more upside to come. Anyone who want's to join the boat now as long as you view this as a medium term punt, my view is with announcments ahead of us, we are soon going to be heading for mid 20p territory. MM played the tactical game well today to attract weak sellers.
I always try to keep my views conservative and think we will get to 35pence in the near future but the rise will exceed this figure (50-60 pence) during the course of December as I will expect the pump and dump brigade to be on board.
Make sure you're not left out.
GoodLuck.
Sue.
momentum
- 27 Nov 2003 21:14
- 643 of 1924
Not at all, short term yes, very overbought. We have had 4 days now where the price has closed lower than the open.Buying has started to ease, selling has begun to increase. On balance volume decreasing. However this was the pattern at the last flag around 10p. The price could test 15p and then 10p, or it could continue the explosive trend and rally to 24 - 25p before another pullback.Its really anyones guess. Imho the share now requires some news to really drive it forward.
Regards Stephen
ps With every penny drop my profit decreases by over 3 grand
ckmtang
- 27 Nov 2003 21:15
- 644 of 1924
i also won`t sell it because most of ppl looking forward and have good prediction.
jfletendre
- 27 Nov 2003 21:15
- 645 of 1924
Thanks Momentum - appreciate reading your view - I know that there are no guarantees!
Regards
Anna
SueHelen
- 27 Nov 2003 21:16
- 646 of 1924
From Shares Magazine today:
Its Business On The Boil
Deriatives are hotting up with launches in the past few weeks of a new tranche of products and several new software systems aimed at futures & options traders.
The deriative markets are seldom static, but the past few months have seen an unusual number of new developments. However there has also been a spate of software releases targetting private traders. These include a futures paper trading program from man direct & an option facilitator from ODI, & new systems from Esignal & CMS Webview..........
Talks about the systems then gets to CMS........
Futures & Options traders maybe interested in Prophet X from CMS Webview. 'ProphetX covers all the major financial & commodoties exchanges. It comes complete with advanced charting pacage as well as accesss to market profile - a specialist market analysis tool showing support & resistnace levels for futures & options. Aditionally fully customisable quote boards, time & sales data, filterable newsfeeds' Says Peter Blogg Director of Bus Dev at CMS Webview.
Subs can download the software & run it from their PC. For those looking to trade from home Blogg explains the the system is cost effective on bandwidth runs fine on 56k modem. People familar with windows will find it easy to use etc as been written using Microsoft Libaries. This also means subs can use DDE to link real time & historical data to Microsoft Applications. ProphetX costs around 200 per month plus exchange fees & includes 24hour support.
Sue.
SueHelen
- 27 Nov 2003 21:17
- 647 of 1924
More of a factual than a bullish article about CWV per se but does explain the big increase in derivatives trading which is obviously bullish for CWV.
Sue.
momentum
- 27 Nov 2003 21:18
- 648 of 1924
Hi sue,having difficulty with this share.Brain (pea) TA tells me to sell, Buy back lower, However support levels looks to be around 10p the last flag which a dont beleive it will test.So trading even position trading looks a little risky and trying to get back in to buy 300,000 + might prove difficult at the right price. Heart tells me this share could have a lot further to run.Have increased my stop loss 30% at 15p and going with my (warm ) heart.
stephen nite nite
momentum
- 27 Nov 2003 21:18
- 649 of 1924
SueHelen
- 27 Nov 2003 21:27
- 650 of 1924
Anna,
The stock price will never fall on any contract news Anna. This stock is similar to Gresham which soared on their big break. This will do the same and eventually get to the same levels.
A lot of institutional investors will be interested in this stock and they are still doing their presentations to venture capatalists. The placing will be the above the prevailing market price or between 15-20 pence at the least. A lot of institutional investors will want to buy into these once they see their presentations but the company will be raising 1.5million pounds so not everyone will be able to have them. So the instituional investors that are left out will buy on the open market once the contract news starts to flow. The directors will be taking a dilution to 33% holdings from 50% holdings. This says something as the directors know this is the break the company has been hoping for all this time.
Sue.
SueHelen
- 27 Nov 2003 21:29
- 651 of 1924
Forward growth potential because if they were to make say make 1 million profit in the next interim’s, my price target of 50p is going to look like chicken feed. With the current share price as it stands peeps are gonna make some juicy, lovely and arousing returns.
I predict within two years this company will be doing so well they will offer dividends to get more investors on board.
Remember - this company does not require funds according to the Chief executive as they have a healthy cash/flow balance. If they do require funds - it will be for major acquisitions which will warrant a re-rating of the company.
Getting in below 50p will be valued as a excellent future investment.
Best Wishes,
Sue.