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Liquid validity
That's if you knopw the company name though isn;t it?
I was thinking more like something that lists abnormal director buying of shares when you don't know the company name but it would come up in a filter or news feed.
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Liquid validity
http://www.londonstockexchange.com/...newsPerPage=200&rbDate=released&preDate=Today
Ah ok, try this, do a check at 0700 every day - most common time for RNS release.
More often through the day as you see fit.
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Liquid validity
Oh and BTW, don't expect this to be a reliable pointer to SP rises for small caps.
Most small cap director holding changes are due to options stock (i.e. part of their remuneration package).
Most small cap director holding changes are due to options stock (i.e. part of their remuneration package).
No
but say a stock had been on a decline and at a base level you get director buying, that's a sign that something is up especially if they are long term directors...at least worth investigating.
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Liquid validity
I can see what you are driving at, all the same, I would stick to concrete news regarding new contracts and earnings TBH. Reason being director's frequently have option stock at a lower price than traded, its pretty commonplace in AIM. There is quite often very little reason for them to buy stock at market price due to option stock which has a set price for a certain duration (example 1p options for 2 years with market price of 3-7p).
They can excersise their right at anytime in that 2 years at 1p per share.
TBH AIM is punt territory - view it as potentially 100% downside at worst, or more realistically for a news gap 50-70% if the news is really bad.
Option stock is given to them as part of the contract?
Got a few examples:
Polo Resources has pretty extensive Director buying at these levels.
China Food Co had a lot of interest at around 39p before moving up.
Specialist Energy had a lot of deals at around 50p and it's now at 80 or so.
GGG a load at 12p now at 30.
Of course, there has been a small cap run in recent months but all the directors deals came at almost the right time.
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Liquid validity
Option stock is part of their pay deal, a lot of AIMers can be cash strapped in the early stages,
so option stock is a cheaper alternative and quite often has performance related conditions attached.
What I was getting at is option stock is nowhere near as good a pointer as full price share buys by directors
Option stock is part of their pay deal, a lot of AIMers can be cash strapped in the early stages,
so option stock is a cheaper alternative and quite often has performance related conditions attached.
What I was getting at is option stock is nowhere near as good a pointer as full price share buys by directors
Is there anyway to find out whether it was straight out buying or options ?
scose-no-doubt
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Wouldn't it be easier to look for companies where directors are reducing their holdings rather than trying to piece together why shares are being bought?
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Liquid validity
Yeah the original LSE link I posted will always say whether its an outright buy, options or to answer scose, a sale.
Basically, always read the RNS in detail.
More importantly - how does the market react, follow the market and watch T&S looking for large transactions, ignore the chump change trades.
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Liquid validity
Forgot to say before, generally options are listed under the misc headline:
http://www.londonstockexchange.com/...newsPerPage=200&rbDate=released&preDate=Today
Common terms for options RNS headline:
Grant of options
Exercise of options & TVR
Admission of subscription
They will show up in Director/PDMR shareholding now and again as well.
http://www.londonstockexchange.com/...newsPerPage=200&rbDate=released&preDate=Today
Common terms for options RNS headline:
Grant of options
Exercise of options & TVR
Admission of subscription
They will show up in Director/PDMR shareholding now and again as well.
