mmmm interesting but still a long way to go.

its not the city that needs to "wake up ". once te red braces brigade is on board its too late to make any real money. the trick is to get in before the city parasites ( if they ever do )

Rod

I am in, big time as you know, also been accumalating for the
past 6 weeks or so.
Set the alarm clock guys!

M

The breakthrough is now confirmed and I've ended up with an egg-covered face. Never mind, worse things happen at sea and I can think about re-investing. The volume yesterday was more than in the previous 3 days combined, although still not outstanding.

RSI, which I think greatly overrated, is 74; that's close to overbought territory. A drop back to the 11-12p region would be healthy, but once the Tads Army has the bit between its teeth, panic buying is the norm.

Possibly Indie - but there is hardly a rash of buyers coming in to consolidate the existing price. W/O volume today/tomorrow the price will consolidate at around the 11.5p range - unless of course ML is correct and we get an "A".

At least with the wide bid/offer range you can tell which is a buy and which is a sell! It seems that the MMs do not want to move at present even with 2:1 ratio in favour of buys.

In my opinion thats what the market makers want - to pull in the unwary punters who go with the momentum. As soon as its overbought it they will slash the price - very soon now.

transco
So the mm have decided after 8 weeks of dropping the price now is the time to suck mugs in before stitching them up...........interesting.
So its nothing to do with a massive Japanese company, launching a service using software from the company that tad is acquiring, last week... just a thought and possibly slightly more plausible than mm's trying to suck in mug punters

Just an opinion based on previous significant rises and a warning to those venturing a gamble.
I hope I am wrong but I doubt it.

no wonder there were no takers for my 175k buy at 11.75p

Bounce from 12p and then the roof!

There what did I tell you - back down we go!!

hardly a pull back, up 3.25 in three days and drops back a penny so far today.
If it goes back to 10p then you are right!

Ok you watch. I have seen this sort of move so many times in the past.

Well i got to admit i did expect the details today.
Having read the rules of the LSE I definately interperit it that they must
announce them tomorrow to qualify for this financial year.
I think that if it does overflow to next year then the next accounts could be a little bare, but i can be surprised!

M

really getting brassed off getting up early. about time tad issued an rns. its like toothache. you suffer so long with a throbbing pain that you just want it to get better or worse.

Rod,

I can assure you that it isn't like toothache. Oil of Cloves would have no effect on it!

It has been said elsewhere that there is no reason why the matter has to be concluded in this FY. In fact, it might be better if it were not. That way, the comparison with previous reporting periods will be relatively clear. I assume the costs of setting up the deal etc will fall into the same period as that when the deal is ratified. Is this correct?

indieman
i think tad would like to fudge the full year results as this could possibly be a reason why they have done the deal.
If they were going to be open with shareholders they should release a trading update as the figures we have got aren't helpful currently.

It is up to shareholders to ensure there is no possible fudge and the results are made comparable to last half year and full year results. Surely that comparison is a given? If you believe Tad management want to fudge them, you must believe the outcomes without the merger are bad.

This raises several questions:-

1. Why you think the results will be bad.

2. Which parts will have underperformed and why.

3. When did you reach this conclusion.

4. Is this just nerves due to the long wait for the document.

5. Why you are still invested in the company, if you think the results are bad and the management likely to fudge the results.


FWIW: I suspect managements of most companies are creative with financial results to some extent. I know of a pharma company which used to deliver huge stocks of medicines to airport warehouses immediately prior to the end of the financial year. Medicines moved off-site were counted as goods shipped and could be included in P/L accounts, regardless of whether the client had received and paid for them or even ordered them yet. Once done, this had to be repeated each year to avoid a drop in profits/value of good shipped/TO etc. I doubt this was unusual at the time.

indieman
It's based on the fact that we have no facts on this deal yet and as tad have disappointed in the past I am assuming they might do so again.
The technology is the right technology at the right time and they have good traction but they are not being as open with shareholders as I would like and I want to be able to vote all my shares at the EGM.