Market's view on Software Circle
Published on April 2024
- Stock watchers have raised concerns about the timeliness of a promised trading update, wondering if it will indeed happen within the specified timeframe.
- There are discussions about personal investment strategies, including filling up an Isa (Individual Savings Account) and anticipation for the new British Isa.
- A significant uptick in share price was noted, with some watchers expressing a desire for the price to stabilize to buy shares.
- Questions about the potential acquisition targets of a company were raised, with watchers curious about when these acquisitions will be disclosed.
- A surprising 40% increase in share price without any related news since a fundraising event was highlighted.
- The finalization of a name change for Software Circle from Grafenia was confirmed.
- Criticism was noted towards Sinosoft for its previous delisting and plans to relist on the Hong Kong market, which reportedly left UK investors with losses.
- Sinosoft’s association with Alibaba raised eyebrows, with speculations about insider knowledge prior to its delisting.
- The history of financial transactions of a company with Alibaba was scrutinized, particularly focusing on the significant difference in valuation during a buyback and subsequent sale.
- Concerns about corporate governance and the potential risk to shareholders’ assets being undervalued in corporate actions were discussed.