Read the latest interims.......just make sure that you are sitting down.

Never miss a cheap cawkwell propaganda trick eh hedgehunter-shouldnt be allowed to get away with it imo.Nice if you could quote lemming to balance it.If Id let those opinions, which you and dozens of other ek nasties endlessly quote influence my mindset at 410, at the end of the year, I and many others would have been considerably poorer.

Cheers PP, the 8th of August one for the diary. Can see fireworks the week before ............. and after.

http://www.investegate.co.uk/Article.aspx?id=20060808080000P6C23

PWC ... you must always make your own decisions .... some will be right and a good few no doubt, wrong! ..... for myself, i have happily traded in and out of SOLA, as levels which i tend to post here .... was certainly glad i bought a tranche the other day at 516, even if cross for having dithered when they were about 500 .... then sold 50% of total holding at 562 ..... too early? .... perhaps, though in my view mere prudence to crystalise profit.

Very true Cynic about making ones own decisions. Lets face it these boards are for two way conversation wether you are a bull or a bear of any one stock.

Those trying to repress free speech should be ignored as far as I am concerned and usually have something to hide I have found in my experiences.

Back to the lock ins.

It looks to me like one of the big holders becomes eligible to sell into the market after 6 months and therefore that would make it the end of this month....

17. Lock-in Arrangements

Under the terms of lock-in and orderly marketing deeds, which are described more fully in paragraphs 10.1.2,
10.1.3 and 10.1.4 of Part V of this document, each of Ruixin Holdings Ltd and Yuncai Holdings Ltd (through
which each of Mr. Li Xian Shou and Mr. Wu Yun Cai respectively hold their equity interest in the Company) and
Mr. Bai Xiao Shu (together the Locked-In Parties) has undertaken that, subject to certain exceptions, for one
year from Admission they will not sell or otherwise dispose of, or agree to sell or dispose of, any of their
respective interests in Shares held immediately following Admission. The Locked-In Parties have further agreed,
subject to certain exceptions, for one year from the first anniversary of Admission, they will not sell or otherwise
dispose of, or agree to sell or dispose of, any of their respective interests in such Shares unless they have obtained
the consent of Hanson Westhouse (such consent not to be unreasonably withheld or delayed) and such disposal is
effected through Hanson Westhouse, or another broker should Hanson Westhouse fail to arrange any such sale,
with a view to the maintenance of an orderly market in the Shares.

Diverso, whose shareholding is set out in paragraph 7.2 of Part V of this document, has undertaken that, subject
to certain exceptions, for six months from Admission it will not sell or otherwise dispose of, or agree to sell or
dispose of, any of its interest in Shares held prior to Admission.
Diverso has agreed, subject to certain
exceptions, for the six months following expiry of the lock-in period mentioned above, it will not sell or
otherwise dispose of, or agree to sell or dispose of, any of its interest in such Shares unless it has obtained the
consent of Hanson Westhouse (such consent not to be unreasonably withheld or delayed) and such disposal is
effected through Hanson Westhouse or another broker should Hanson Westhouse fail to arrange any such sale,
with a view to the maintenance of an orderly market in the Shares.
Pursuant a share transfer agreement between Mr. Li, Ruixin Holdings Ltd., Mr. Wu, Yuncai Holdings Ltd.,
Diverso and Mr. Bai (further details of which are set out in paragraph 4.8 of Part V of this document), the
transferors have agreed that they will not sell, charge or otherwise dispose of, or agree to sell, charge or dispose
of, such number of their respective Shares in which the beneficial interest has not yet passed to Mr. Bai in
accordance with the terms of the agreement. Mr Bai has also agreed that he will not sell, charge or otherwise
dispose of, or agree to sell, charge or dispose of, the Shares in which the beneficial interest has not been
transferred to him.

So it appears Diverso could be selling stock as early as 9 days.

Interesting, Diverso hold 10% of the entire share holding..........

7.2 Substantial Shareholders

7.2.1 Save as disclosed above, the Company is aware of the following persons who, at 2 August 2006
(being the latest practicable date before publication of this document) and following completion
of the Admission and the Placing, hold or will hold 3 per cent. or more of the issued share capital
of the Company:
At the date of Immediately following
this document Admission
Number of Percentage Percentage
Existing of Issued Number of of Issued
Shares Capital Shares Capital
Diverso Management Limited 6,655,559* 10.0% 9,733,986* 9.73%
The Eureka (Euro) Fund Limited 5,000,000 5.00%
Polar Capital Partners Limited 5,000,000 5.00%
Improve Forever Investments Ltd 4,000,000 4.00%
RAB Capital plc (including shares held 3,666,667 3.67%
by RAB Special Situations (Master)
Fund Ltd and RAB New Technologies
(Master) Fund Ltd)
The Eureka Interactive Fund Limited 3,333,333 3.33%

by implication, you are suggesting that Diverso would want to sell all .... In fact, they may be very happy to hold! .... qui sait?

They also might be thinking the audited accounts hold some gremlings eg, the cash flow statement.

I don't think anyone was expecting this spectacular a share price performance 6 months ago.

Diverso must be sorely tempted to take some profits at the very least.

Kays

KS I think you are right.

The reward for the fund manager must be overwhelming.

Cynic I always do.Good end to the day .OH dear someones removed all goldfingers posts from the other side.

KAYSMART .... why? ...... there is a argument at least as strong that one cuts losses but keeps running profits until there is good cause to sell ..... i would posit that this is especially true for fund managers ....

If Cawkwell wants to run a short, then he is of course very welcome to ..... that does not mean he is right .... or wrong for that matter

However, though today's rise was very modest, it implies that the market was generally pretty pleased with the figures, having absorbed a good number (I am sure) of sells from PIs

sp looks to have stalled so have sold balance ...... if Diverso decide to cash in some chips, then for sure price will dive ..... if they don't, then at worst i may miss out a bit.

if you are looking for a bounce, then keep an eye on 545 (25 dma) and 490 (50 dma), though both still trending quite sharply higher ...... don't forget the brief but very sharp dip to 500 just the other day .... so potentially a number of trading opportunities

I see you have done the sensible thing cynic.

Like PP says (and you have demonstrated) the best way to play this one at the moment is in and out. The stocks in the hands of traders at the moment and it looks that way untill a decisive break is made either way.

i blush! ..... not used to compliments, especially on this site ...... usually get flamed for shining the harsh light of reality on some hyped share and thread

pp,

re: tax issue 0% (07) and 10% (2008 - R & D aspect to the company and therefore classed as a tech company.. apologies..you were of course right,

can't deny the price as performed quite tremendously,

good luck

f18

good call you cynical old bastard, though predictable with FTSE now looking pretty soggy

Drop more in line with lemming cooling slightly imo.

don't care why the drop ..... more to the point is the short term prognostication .... my guess is consolidation at best; fairly significant fall likely