Just quick summary to bring this to your attention; more detail will hopefully follow.

This stock floated yesterday at 10p and has since doubled. It has, needless to say, suddenly become very popular on another BB.

The company is profitable already and trading on an estimated (by yours truly) forward PE for the current year of 9 at SP 20p. EDIT: Hoodless Brennan estimate EPS for Full Year 2006 will be 2.18p - see article (link below).

Free float is 11.4% of the 81.2 million shares in issue - most are held by the directors.







Extremely useful Investegate article LINK


Extremely useful Hoodless Brennan analysis LINK


PDYOR, etc.

perhaps a silly comment for a change, but why do you not just leave an order with broker at a set limit, with acceptance of partial fill? ..... of course, you have also highlighted the prob of stocks with minimal float/liquidity, both when heading north or south

Yes i should do really. Think i'm trying to be too smart and catch perfect timing. I'm not sure there's a liquidity problem, more the old marketmakers playing the usual manipulation game. Apparently you could have bought 25000 on friday and with no apparent big sells or big buys (there was a few decent buys right at the bell on friday) you now struggle to buy more than 5000. Of course the dreaded MMs have to 'earn' a living though..

MM's buying at mid, they are desperate for stock. This should really start to move soon as long as everyone holds on.

looks like this could be a big blue day, stock being bid for at mid price and people paying over the offer, looks like a few have done their homework.

be careful, chinese stock market 'due an inevitable collapse' according to the times, whilst this won't have much of an impact to this company's profit it will hammer sentiment of chinese stocks. I may short SOLA this week.

i think SOLA is a good short anyway, enhanced by its "china factor"

ITS ALL GONE QUIET, THE SP ON THIS STOCK IS ABOUT TO BREAK OUT AT A FANTASTIC RATE, AND NOBODIES TALKING ABOUT IT.

MY MATE RECKONS THAT IT TOOK SOMEONE NEARLY 3 HOURS TO COMPLETE A TRADE FOR A FEW THOUSAND SHARES THE OTHER DAY.

DONT BE FOOLED INTO THINKING THAT THIS IS WORTHLESS. FAR FROM IT, ITS ONE OF THE BEST PLAYS OUT THERE AT THE MOMENT.

oilyrag
Well I can buy 30k shares with Barclays no problem.

PREHAPS YOU SHOULD CONSIDER IT. IMHO, DYOR.

DRIVER, ARE YOU IN YET? +0.75P SINCE YOUR LAST POST.

oilyrag
Was in I got out in April, no funds at the moment but still on my watch list.

results any day and hopefully soon a european license. Possibly a nice spike and then the usual sharp drop-plenty of time to pick some up but it's almost impossible to get any when they spike up so buy on dips if you fancy some. lol.

Someone from the other side has phoned W H Ireland, and they have confirmed that the results will be released today. I have just topped up again.

Not as good as I was hoping for, and the reaction to the results might be continued drift now.

pp I agree but it makes sense to fast forward the push to get US regulations at the same time as europe--preparations and paperwork must be the same so costs will be cut presumably. When the permits arrive so will the rockets imo until then back to sleep or add on dips!!

I wonder how long this protected buy trade is going to last, and how many more shares its for. Once its out of the way and any residual T20's bought for results have expired I think this stock will appreciate considerably.

Weds 17 Oct is the expiry date for T20's purchased for interim results. After this I would expect a considerable rise in SP.

I hope so Taih have been very dull lately--great prospects though and a brokers note expected very soon according to the other side.

Its not been dull mp, its been manipulated and controlled to freeze out the hot money. If you look at this medium term you will make a fortune.

I agree.. hopefully mega bucks for the patient-no pun intended!