Chamberlin Share Discussion Threads

[sunshine today] 21/4/2024 14:42

Lease liabilities are not a worry , they just show whats due over the years prior to an end, or extension of the lease.

The invoice facility will have been reduced substantially with the cash received.

Again on a monthly basis it’s not an issue.

[sunshine today] 21/4/2024 14:01

This mob keep buying, i can well understand why.

The company is in a far better position than 4 months ago, with growth within sight.

[sunshine today] 21/4/2024 13:52

The proceeds of the Disposal are expected to both reduce the Group's liabilities by approximately £2.6 million and contribute an exceptional profit of no less than £2.0 million, in FY24.

[sunshine today] 21/4/2024 13:44

Arthur_Lame_Stocks21 Apr '24 - 13:33 - 1041 of 1042

jellybean

You're absolutely correct, but I can guarantee you your post is going to be buried under a tidal wave of fabricated figures and irrelevant pseudo similes

NO : Just facts in print from the report and accounts and various RNS news items.

[sunshine today] 21/4/2024 13:38

jellypbean.


Umm, but you have kept some , so clearly you see the stock going up at some stage, ( like myself ).


Next up debt.

As previously announced, balance sheet debt following the sale of Petrel Ltd has greatly improved and the Company remains focused on paying off the remainder of its legacy debt within the next 12-month period (excluding the remaining pension deficit and HSBC invoice finance facility).


///////////////////////////////////////////////////////////////////

The pension debt is a non issue, its tiny and may even turn into a surplus over the next 4 years.

The HSBC invoice facility has been running fine for the last 6 years.

[arthur_lame_stocks] 21/4/2024 13:33

jellybean

You're absolutely correct, but I can guarantee you your post is going to be buried under a tidal wave of fabricated figures and irrelevant pseudo similes.

[jellypbean] 21/4/2024 10:25

Look Sunshine, I hope it does as I still hold some shares. However because I've sold some recently I'll still be out of pocket until it reaches nearky 5p a share.

They have sold Petrel, which was making 0.5M+ p.a. profit. The debt interest is not going to fall nearly as much as you seem to have calculated (most of it is from lease liabilities and invoice financing).

So there is a fair bit of ground to make up before they make a decent profit, and very little leeway to the downside before they run out of cash again if anything goes wrong.

The Q3 update is problematic as there were no numbers provided, and numbers matter when things are so close to the wire.

[sunshine today] 20/4/2024 14:52

Lord Lee : uk”s first ISA Millionaire


Lord Lee’s largest holding, Treatt, the food chemicals company, typifies this long-term approach. “This has been a 25-bagger for me,” he said.

“I first bought shares in 1999 for around 30p and have topped up my position 30 times since. It is now around 40pc of my portfolio. It fits my investment approach perfectly: I buy established, profitable, small, conservatively managed companies with a large family holding.”

////////////////////////////////////////////////////////////////////////////////

When CMH shows a profit , ( as i personally believe it will in 24 - 25,)I dear say Lord Lee, may run his slide rule over the company.

[sunshine today] 19/4/2024 13:15

Not for me it’s not, it’s got exactly the criteria to produce super returns.

£2M market cap

The market looks up and out, not in the rear view mirror.

[my retirement fund] 19/4/2024 13:08

Did you not read the update, I stated it was high-risk months ago! You can see the trajectory didn't change, it's too late now!

[sunshine today] 19/4/2024 12:38

Petrel sold , that company had low revenues in any event of £3.6M, these will now disappear from the total Chamberlin revenues

Target revenues of the group, previous to the sale, were £45M - £50M : Source:: last years placing RNS :

Deduct £5M of revenues for lost growth from Petrel = Min £40M of target revenues going forward

Market cap C £2M.

Also of note is the companies view that it will not take a huge amount of new investment in the foundries to hit those revenues.( they have cash that will be allocated for this , from the sale of Petrel) Source : Sale RNS use of funds.


Net margins of 10% would produce a profit double todays market cap

Poor below average margins of 5% would = £2M profit to equal today’s market cap.

For those prepared to look out, this company is dirt cheap, in my personal view, more so, since the directors told shareholders that within ten weeks of today profitability will be more robust : Source : April trading update

[sunshine today] 18/4/2024 06:42

Good morning.

Market cap C£2M

Cash that has been delivered to the business over the last 3 months

Sale of the Petrel business for £2.75M with another £250,000 by the end on this month.

Placing of £830,000 gross or around £730,000 net.

Total by the end of the month £3.730M

Proceeds from the sale inc £1.1M for working capital and to expand production at both sites as per RNS.


Nice

[sunshine today] 17/4/2024 20:33

Arthur_Lame_Stocks

With respect i suggest :

You, as it transpired, were the gullible one.

1/ No one buys a recovery stock by looking at a set of accounts that always reflects past events. ( accounts don't do very well in business ).

2/ Have you ever noticed that stocks can, and do recover, this one has a 130 year track record, and would have seen a dozen recessions and a depression.

Time will no doubt tell who is correct.

[sunshine today] 17/4/2024 19:57

Arthur_Lame_Stocks20 Jun '16 - 04:46 - 404 of 1031

Hi value hound

I changed my mind about these and also bought a few at around 60p.

I also agree that the current valuation could look like a dream in a couple of years time and think these will be twice the current price.


//////////////////////////////////////////////////////////////////////////////

I agree with your post of a few years ago 100%, but after buying at a fraction of 60P.

YOUR POST


“I also agree that the current valuation could look like a dream in a couple of years time and think these will be twice the current price.”

[sunshine today] 17/4/2024 19:11

Arthur_Lame_Stocks

Not what i would expect from a once loyal shareholder at 60P who was happy to purchase, at the time .




Lets face it , this stock has a market cap of C£2M .

The potential upside is unlimited. Its an out, and out, recover stock, that has revenues, reduced debt, order books, cost cutting , working capital, invoice support and lots more going for it.


WARNING

One or two may have a vested interest to put potential investors off

FYI:

A boiler room sells overpriced stock to mug punters.

They don't buy in the market unless they intend to dump at a FAR HIGHER PRICE

A boiler room outfit does not purchase 17% of a companies stock, in a company about to go bust, because they would be exposed to a massive hit on their own account.

FREE ASSOCIATION BOOKS LIMITED has £1.5M asset backing.

[sunshine today] 17/4/2024 13:58

My Retirement Fund17 Apr '24 - 13:52 - 1027 of 1028

That's correct, I now expect it to eventually see a prepack with shareholders losing all equity value. I would hope the longevity of the name may see a private restructuring so the company name could survive. It is clear to me that there is little chance of any other outcome.


/////////////////////////////////////////////////////////////////////////\////


LOL in Jan you buy the shares, and in April you look to a pre pack.!

In that timeframe the director buys a ton of stock in the placing and Armstrong lifts to 17%.

In a Pre Pack all shareholders get wiped out.

Lol

[sunshine today] 17/4/2024 13:54

The rewards could be very substantial indeed.

Hit my target of £1M profit in 24/25 and 30% on that the following year and the shares could be ten bagging.

[my retirement fund] 17/4/2024 13:52

That's correct, I now expect it to eventually see a prepack with shareholders losing all equity value. I would hope the longevity of the name may see a private restructuring so the company name could survive. It is clear to me that there is little chance of any other outcome.

[sunshine today] 17/4/2024 13:47

Cliffv69

Yep

Grossly under valued, if you take my view 2024 - 2025 revenues could hit £20M and margins produce £1M plus profit.

Thats a tiny 5% of potential revenues , when a business like this should be targeting double that, going forward.

£2M market cap is a fantastic starting point for those willing to take a view on this stock.

Also of note the invoice facility must have been renewed in March, just like in the previous 6 years.

That would not have been the case, had the lender had any fear of bankruptcy.

[sunshine today] 17/4/2024 11:09

My Retirement Fund - 09 Jan 2024 - 09:11:10 - 968 of 1024 Chamberlin, for recovery. Director buying - CMH


I couldn't resist a punt. 2.029p via AJ Bell. Could take years to see any value here and very high risk.


///////////////////////////////////////////////////////////////////////////////////


Now you have changed your tune, fair enough.

[sunshine today] 17/4/2024 11:01

Arthur_Lame_Stocks28 Nov '17 - 10:23 - 629 of 1022

Awful results i can see these going broke now


///////////////////////////////////////////////////////////////////////////////


Lol the record has now been running 7 years .