9:05 24/11/2010 Drop in price
Have not looked at this for sometime so wondered if anyone had an idea why the 25% drop in price in the last few days. Last info from the company looked good.
Profit / (loss) for the financial year sept annual results posted 09/010 a profit of £680,885 against a loss 08/09 (£1,426,958) which seemed progress.
Has someone been selling?
or is this speculation of bad times ahead for FX?
On the face of it this little company has done well in the recession and is now in profit.
Views welcome.






By alone with a strand
9:59 30/04/2010 trading notice thoughts
Well the long awaited trading statement came through on Wednesday and the increase in Shares issued today. The result are not bad and I suppose on course a 30%+rise in trading margin must be good in this climate and with the boom in exports and the economy picking up they might be able to do it again and post a increase this financial year again of 30% which will translate into £1,000,000 profit for year 10/11. This will = 2p a share but I doubt there will be a dividend. However this will draw attention to the stock and might attract the big boys. If the company continues to grow as it has over the pased year it must be worth a large pemium on the current price oF 14P.
Can anyone out there put a price on this share a year from now? By alone with a strand
9:03 30/03/2010 MM shoert of Stock?
With the sharp rise to 13p it looks as if the mm is short of stock so we can exspect further rapid rise till the end of year results. If it is to be good news this is the cheap time to get in but if this is a false hope it is gong to be an awful drop after the results. however the recent buying looks as though someone is backing good news! By alone with a strand
14:28 25/03/2010 Re: time to top up
I have just tried to buy stock on line and I am being refered to a manual trade which means with this stock the MM does not hold much stock or does not want to sell because they know something that we don't know about the coming results.
As the price has risen. It looks as though it will go higher once the end of year results are out. On the other hand there is a small chance it could be the other way and the MM has no stock at the moment. By alone with a strand
7:32 25/03/2010 Re: time to top up
210k @ 0.0946

this is a long term play for me By mrshutterbug
16:04 24/03/2010 Re: time to top up
yes i need 12p what about you friend By alcatrazz
13:56 24/03/2010 Re: time to top up
42.86% in a day! please keep going amd i may come out of the red on this one! By mrshutterbug
13:06 24/03/2010 Re: time to top up
yipee at last we have some movement - not level yet but this at least is possitive By alcatrazz
9:07 10/02/2010 Re: time to top up
mrshutterbug that is a long term plan but why advise up to 10p buy when the price is 8p and it might go lowerin the short term. There has been no news good or bad from the company so the recent drop in price is people selling as a product of cleaning up portfolios ther were 169,000 shares traded on Monday the secand large trade in the last four weeks and this might continue for a month or two till we get end of year results. when a fair price will be set on performance. By alone with a strand
8:06 10/02/2010 time to top up
Anything below 10p is good as far as i'm concerned. Long term holder with a minimum 5 year plan.

this share can only get By mrshutterbug
15:11 25/01/2010 Re: No volume movement
Looks like I'm locked into this one for the rest of my life!

LOL Bah By bet on the chicken
11:25 22/12/2009 RNS
All seems very promising! By bet on the chicken
8:32 15/12/2009 Re: No volume movement
Alone...
Spot on i have been holding this share for the past 3 years and now hold circa 200,000 with an average of 9.5p.

The reorganisation has gone very well and the chap running the company has a very good record within the FX industry. I think the company needs a couple of years profit on there books before we see this jump but i would hazard a guess that we should be trading circa 20p by this time next year.

Good luck to all and DYOR By Forex Junkie
16:50 14/12/2009 Re: No volume movement
They forget to post the trades sometimes and they are few aqnd far between because 85% of the shares are owned I believe by the employees and a few very large investors. However the long term should be good as the reorganisation looks at being successful at last see oct news statement. However it might take time for the trading profits to get big enough to pay a divi. On the Other hand if they start to look successful they could be sold by the large investors. I have been investing in this shaqre for two years in small amounts up to 12p but need now for them to make some money rather than promises for a decent return. By alone with a strand
11:54 14/12/2009 Re: No volume movement
damn, I was going to buy some more at 10.5 By bet on the chicken