A Must Read for Everyone . . Designated Market Makers & Market Makers MiFID II regime has been in force for over 6 months. Hardman & Co has published an interesting document regarding the impact of this new regime on the liquidity and valuation of stocks traded on the LSE. MiFID II Monitor - Assessing the impact so far Best regards @ValueSeeker8
Funds and institutions I’m not sure what’s worse… a. being a regularly-banned multiple-identity fraudulent failed-washing-machine-salesman and pump-monkey of GKP for the last 7 years, or b. the disciple of one You decide…
Well Well Well . . Trade high 268.5p PEEL is still @ 261.5------269 and the 50,000 @ 266p Blocker, he IMO placed there, has lost 3,667 to two buyers @ 13:16:37 and the Spread bounced downward off the remaining 46,333 The 19,924 @ 263.5p on the Bid and the 20,546 @ 268 on the Ask, IMO belong to someone’s Algo Bot and are not blockers, and they changed size then disappeared. Spread 262------263 PEEL @ 261.5 buying the Sells that hit his BLO’s Screencast.com 2018-08-16_1412 Shared from Screencast.com
Funds and institutions The mouthpiece of Sauron has spoken…
Funds and institutions [Latest instit’s buying]()
Level 2 Spot the Blockers. Screencast.com 2018-08-16_1144 Shared from Screencast.com
Well Well Well . . Trade high 268.5p “After several days of downward pressure and finally we get the many Large Trades reported, it wouldn’t surprise me if the pressure reverses and the SP starts to rise again tomorrow”. So the dip to 256p was all caused by PEEL so he could gain enough Shares to fill his Clients 2 x 645,800 @ £2.6436 & 154,200 @ £2.64529 Orders, and now those Orders are complete and reported the SP miraculously starts to rise. Both £2.6436 and £2,64526 prices are at a discount to the 285p high of last Wednesday of c. 7.25% so the 3 Trades could possibly be Institutional buys Like I said, in my opinion CFD’s are for day trading buying the dips then selling the spikes, and should not be used as a cheap alternative to buying Shares for long term holding, as users who do so can easily get caught out in DMM instigated dips to gain shares for their Clients. Currently PEEL @ 261.5 - - - PEEL @ 269 is the top DMM on the Book, and IMO he is controlling the Book while both Buying on the Bid and Selling on the Ask.
Level 2 Screencast.com 2018-08-16_1000 Shared from Screencast.com
“Kurdistan is back and so is DNO.” BREAKING CITY NEWSAUGUST 16, 2018 / 7:46 AM / UPDATED 2 HOURS AGO. UPDATE 1-Oil firm DNO announces first dividend payment in 13 years Reuters Staff. OSLO, Aug 16 (Reuters) - DNO will pay its first dividend in 13 years following strong half-year earnings, helped by rising output in the Kurdistan region of Iraq, the Oslo-listed oil company said on Thursday. DNO reported better than expected second-quarter results, and said it plans to boost output from its Peshkabir field to 50,000 barrels of oil per day (bopd) by the year-end, after surpassing a previous target of 30,000 bopd in July. “With growing production and robust and reliable revenues, the dividend announcement underscores confidence in our strong growth prospects,” DNO Executive Chairman Bijan Mossavar-Rahmani said in a statement. “Kurdistan is back and so is DNO.” The company plans to pay an annual dividend of 434 million Norwegian crowns ($51.57 million), with the payment to come in two tranches. The first payment of 0.2 crowns per share is expected to be distributed to shareholders on Sept. 13. DNO, which has acquired a 28.23 percent stake in Faroe Petroleum, has asked the London-listed oil firm to convene an extraordinary meeting of shareholders, and will seek to get seats on its board. ($1 = 8.4163 Norwegian crowns) (Reporting by Nerijus Adomaitis, editing by Terje Solsvik and David Evans)
Level 2 Close . . . . 256.50 Open . . . . 262.50 High . . . . .265.00 . . . 09:18:41 . . AT Low . . . . . 258.15 . . . 08:53:20 . . OT Full 120,185------174,597 . . . Note the changes in the Vols & Depths 41----33 Vols 136,693. . . 69 trades AT trades . . . 50 OT trades . . . 19 Spread 265.5------266 LP, 265.75
Level 2 Close . . . . 256.50 Open . . . . 262.50 High . . . . .262.50 . . . 080:27 . . UT Low . . . . . 258.15 . . . 08:53:20 . . OT Full 96,919------258,540 26------49 Vols 22,911. . . 24 trades AT trades . . . 12 OT trades . . . 12 Spread 258-----259 LP, 258.5p
Level 2 Screencast.com 2018-08-16_0827 Shared from Screencast.com
Opening Auction Closed @ 256.5p Auction…Bid……… .Ask 256.5 . . . .zero………zero . . . 7am Book 10,200(1)-----44,000(1) 256.5……zero………zero 256.5……zero………zero . . . INV . . . @ 256.5------269.5 256.5……zero………zero . . . CANA . @ 256.5------269.5 256.5……zero………zero . . . CFEP. .@ 255---------265 256.5……zero………zero . . . PEEL . @ 255---------262.5 256.5……zero………zero . . . VFIL . . @ 255---------266.5 256.5……zero………zero . . . WINS . @ 253---------263 256.5……zero………zero . . . BMCM .@ 251--------2743.5 256.5……zero………zero . . . SCAP . @ 251---------263.5 256.5……zero………zero 256.5……zero………zero . . . 7.55am Spread INV @ 256.5-------PEEL @ 262.5 262.5 . . . . 77 . . . . . . . .zero 262.5 . . . . 107 . . . . . . .82 UT, 107 OP, 262.5p
Late Reported Trades “There are 2 trades of 645800 shared at the same price. Double reporting ? When are these late reported trades reported: on the same day or next one” Bravedog. My Level 2 says they are not double reporting And they were both reported today with no signs of them being from previous days but reported today. IMO both the 645,800 and the 154,200 trades would have been bought for over Monday Tuesday & today and with the Orders finally filled today they were reported today. I have shown that the average Price of the Trades Monday Tuesday and today along with the Volumes cover the 1,434,800 total of the 3 trades
Late Reported Trades VS8. What you have to remember is that the downward pressure that’s been on the Share price has been going on since Thursday the 9th August, the day after the SP its high of 285p. 1634503 That 285p high caused lots more people to sit up and take note and many would have wanted to buy some Shares. The large Orders that resulted from the 285p high can’t be filled from thin air so the price is walked down to a price that is okay for the main Cliental buyers, and on the way down smaller less important Orders are filled. Those orders under 30,000 or so were reported on the days they were filled but the main target was the area the price has been pushed down to Monday Tuesday & today. Screencast.com 2018-08-15_2115 Shared from Screencast.com Fidessa reveals the average price for Monday & Tuesday was c. 263p with Volumes of 1,607,801 which along with today average of c. 259p and Volumes not including the Late Reported Orders of 1,050,605. That shows that the main Orders of 2 x 640,800 @ 2.6436 and the 154,200 @ 2.64529 (1,434,800) plus the most of Prices of the rest of todays LRT’s are easily covered by the 3 day average price and Volumes of 2,658,406 + Alternative Venues. Plus remember that CFEP was the main buyer last Thursday and Friday aided by PEEL walking the price down to his target zone below 264p, before starting his own buying Monday Tuesday & today.