Interesting trades today. nm .
RNS concerning Mr Lovell Flowgroup plc (AIM: FLOW), which provides residential gas and electricity supply and other energy services to customers across Great Britain, announces pursuant to Schedule Two, paragraph (g) of the AIM Rules for Companies that Carillion plc has recently taken steps to enter into compulsory liquidation with immediate effect.Mr. Alan Lovell, a director of Flowgroup, was appointed as a non-executive director to the board of Carillion plc on 1 November 2017 to assist with their restructuring activities and cost saving programmes and served on the Audit, Remuneration, Nomination, Sustainability and Business Integrity Committees.Looks like Mr Lovell may be very busy in the next few weeks/months. Hope he can still fit his Flow duties in.
Re: Tony Stiff gone at last Blog from Steve More ( S.P ) " Continue to avoid " he says .
Re: Tony Stiff gone at last Decided to have a punt and topped up @ 0.61p
Tony Stiff gone at last We could not afford his high directors pay. Pity he stayed so long.I wonder when the shares will bounce higher. IMHO This is high risk for now.
Re: I'm in on these RNS.. Trading update and director change, market did not like it down 10% now 0.63pPB ???
Re: new appointment Group chief executive Tony Stiff also has lots of experience in liquidating companies before Flow Group. Perhaps his actual management skills really are required here now that Flow is a steady, boring low risk Flow Energy company not dominated by the high risk experimental boiler venture.
new appointment Mr Lovell has some experience in companies going into receivership. Hope his skills in this area are not required for Flow. It will be interesting to see if he buys some shares with his own money once settled in.
Re: I'm in on these Its only two months In hindsight would of been good to buy when they dropped to 0.8p, after placing ( whats that about buying when the blood is on floor !!! )But i went in heavy @ 1p ( would of been silly brave )Up 25% top of rise table today . I'm in the blue
Re: I'm in on these 4 months that would be fine by me, one of my core beliefs is it about patience i can wait longer but nice if i don't have to
Re: I'm in on these Ripley94:-Thanks emerald you seem to have a similar investment style to me.( hope that's not "some mad Irish thing " lol )i have more then double your holding , so in your position would of topped up in low 90s but that's not advised just a comparison of styles.Best of luck .========== ========== All my "share" money is tied up at the moment so I won't be averaging down here any time soon.At the end of the day I am confident that my investment is firstly safe here and secondly will show a profit in say 4 months time.Hope I' right!All IMHO.
Re: I'm in on these * advise ..... Don't know how the d got there lol
Re: I'm in on these Thanks emerald you seem to have a similar investment style to me.( hope that's not "some mad Irish thing " lol )i have more then double your holding , so in your position would of topped up in low 90s but that's not advised just a comparison of styles.Best of luck .
Re: I'm in on these Now the boiler business has gone the massive financial hits should be too. It's an energy business and should have been only this, long ago. Everything associated with the boiler is being wound down so it really is all on the supply business. Wonder if they can grab customers from somewhere with some sort of campaign. Having said that, we have not seen any sort of push in that direction. Surely they must be doing something?
Re: I'm in on these I bought a small amount @ 1.6p when they had dived from 3p. Tried to catch the falling knife..........Then as I had those I was offered more @ 1p, so I bought half the small amount I originally bought. All in all only have about £2K's worth. I think in time they will be making reasonable profit from the 250,000 plus public energy customers. They aim to substancially increase this.No, this did not go to plan but I can wait to get money back or even a profit.They should be announcing some news soon IMHO.All IMHO.