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CUP Cupid

18.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cupid LSE:CUP London Ordinary Share GB00B4NJ4984 ORD 2.5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 18.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 18.00 GBX

Cupid (CUP) Latest News

Real-Time news about Cupid (London Stock Exchange): 0 recent articles

Cupid (CUP) Discussions and Chat

Cupid Forums and Chat

Date Time Title Posts
03/2/201814:58World Cup 2018 -
12/1/201508:52Cupid4,147
25/9/201320:01sales3
28/8/201311:04buyers beware3
13/6/201015:34The World Cup thread - 20107

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Cupid (CUP) Most Recent Trades

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Cupid (CUP) Top Chat Posts

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Posted at 03/2/2018 14:58 by bargainbob
World Cup Thread
Posted at 11/1/2015 19:12 by smithie6
Any guesses as to what CUP might do now ?
Posted at 12/12/2014 07:57 by bubble pricker
J777J, you are clueless. Why would Griffiths invest at a much higher price to see his investment collapse in value, so he can end up with a cash shell? If that was his goal, he could have simply set up a cash shell on his own or bought one.

It is funny how people, instead of realising the error of their ways, keep going on about other irrelevant matters and blaming third parties for their losses. They also keep going on and on about their beloved stock, no doubt J777J is still holding his position, until the bitter end. Let me give you a new prediction: CUP, under its new guise of an "investment" company will whittle away all its cash on director's emoluments, consultancy fees and bad investments until nothing is left. You can still save what you have left now.

J777J was trumpeting the business prospects of Cupid. He was trumpeting that the market cap, at around 70p, was less than cash plus expected deferred payments. I and others explained a hundred times that is not the way you value a business, and that in any case the deferred payments will not materialise. When the share price failed to rise, J777J blamed shorters, instead of realising that there might be something wrong with the future prospects of the business.

The regrettable thing in this whole story is that my short was forced closed last year due to lack of available borrow. I took a small profit, but I missed out on the massive drop, so my only gratification is being vindicated.
Posted at 11/12/2014 08:02 by bubble pricker
J777J, you are an utter fool. I told you over one year ago, the deferred consideration will not materialise. I told you CUP have declining revenues and no business prospects. I hope you lost a good amount of money here to teach you a lesson.
Posted at 08/12/2014 13:03 by bad robot
True my bad.




someuwin 8 Dec'14 - 10:36 - 4110 of 4115 0 0

There's a difference between discount to NAV and discount to CASH.

CUP will have £18m CASH to spend or return to shareholders.
Posted at 08/12/2014 10:36 by someuwin
There's a difference between discount to NAV and discount to CASH.

CUP will have £18m CASH to spend or return to shareholders.

Current mkt cap £12.5

"The Company will effectively become a well capitalised cash shell with approximately GBP18 million that can be utilised for new opportunities in line with our proposed investing policy or returned to shareholders."
Posted at 26/8/2014 08:33 by the monkster
CITY FINANCIER Richard Griffiths yesterday emerged as a significant shareholder in Edinburgh dating site business Cupid.


Griffiths, who founded investment bank Evolution in 2000 before setting up boutique investment firm ORA Capital Partners in 2005, owns a 4.53 per cent stake in Cupid according to a stock exchange announcement. The filing followed a purchase that took his holding above the 3 per cent level at which ownership needs to disclosed.

The 3.2 million shares, held via Seren Capital Management and Cream Capital – which are controlled by Griffiths – are worth around £1.1 million at Cupid's current share price. Shares in the firm have almost halved over the past year.

Griffiths was also a significant shareholder in Aberdeen-based oil and gas firm Eland when it floated in 2012. Earlier this year it was revealed that activist investment group Kestrel Opportunities has also increased its stake in Cupid. Shares in Cupid closed up 0.25p at 36.75p.
Posted at 24/2/2014 18:29 by j777j
Sprylogics announces agreement with online dating company, Cupid


Cupid, an online dating service provider for customers around the world will integrate Sprylogics' Poynt-Enabled SDK

TORONTO, Feb. 24, 2014 /CNW/ - Sprylogics International Corp. ("Sprylogics" or the "Company") (TSXV: SPY), a technology provider of local mobile search and messaging solutions for consumers and businesses announced that UK-based Cupid PLC, a leading online dating service has signed an agreement to integrate the Company's Poynt-Enabled SDK as part of its mobile strategy for Cupid.com.

Poynt-Enabled integrations allow mobile users to easily find, discuss and book local activities, like movies, events and restaurants, without ever leaving the app.

"We're delighted to partner with Cupid, a leader in the online dating market", says Marvin Igelman, CEO of Sprylogics. "Online dating, like other segments, where planning and coordinating between users is done via our search and share functionality; or where monetization of local search is a priority, is a perfect fit for our Poynt-Enabled SDK. Our technology facilitates these capabilities without leaving the app.

The Cupid app is available for both iOS on the iTunes store, and Android's Google Play.

About Cupid

Cupid PLC delivers online, mobile and social dating sites focused on building highly-engaged communities of singles with common interests. In addition to its core product, www.cupid.com, the company caters to niche interests and demographics through a variety of other properties, apps and social widgets. Cupid's long-term success is due to the ability to quickly adapt to new technologies and platforms, while offering online dating products and services specifically optimized for people looking for meaningful, long-term relationships.

About Sprylogics

Sprylogics International Corp. enables telecom operators, messaging and mobile application providers to introduce new revenue streams into their apps with its "Poynt-Enabled" SDK. "Poynt-Enabled" brings monetization related to the user's search intent, while increasing loyalty, engagement and usage activity levels. Sprylogics semantically aggregates and distributes useful local content by making it searchable via its patented geographical and contextual targeting technology.

Sprylogics also markets Poynt, an award winning, all-in-one mobile local search App that has garnered over 20 million downloads. Both products have a common focus on enhancing the mobile user experience, enabling users to do more "without leaving the app", while monetizing via local search results and transactions.
Posted at 27/7/2013 13:31 by j777j
Current market cap £49 million
Last reported £10 million cash
£9 million of shares held in treasury
£5 million cash down payment for sale of casual
£29 million cash,being balance due over 40 months.


Even ignoring the treasury held shares,the remaining businesses are valued at just £5 million,they should produce revenues this year of somewhere between £35 and £40 million.That is £725,000 cash coming in every month.

Lol


plmval
26 Jul'13 - 20:36 - 3325 of 3326 0 0

That is hardly new news ... see article below


btw did Ennismore pay for the BBC journalist's travel or other expenses????

As some other poster mentioned,this programme was clearly made a while back and is not telling us anything new.


FT.com Cupid news 22/7/13

Break-up leaves Cupid seeking fresh start

Breaking up can be easier than you think, as investors in Cupid have found. Shareholders of the Edinburgh-based company have watched a part of the business run off with another man – taking two-thirds of its revenues and just over half its earnings before interest, tax, depreciation and amortisation with it.

The "other man" was not your textbook milkman or personal trainer. It was Cupid co-founder and former chief operating officer Max Polyakov, who bashed out a deal worth £45.1m for the "casual dating" side of the business – a genre that includes the online adverts promising instant gratification in your area.

The initial announcement that Cupid was in discussions with "third parties" came out at the same time as a whopping profits warning, to the alarm of some market watchers. That one of the third parties then turned out to be someone who set up Cupid in 2005, and still owned a 15 per cent stake in it, stirred them up more.

None of this is against the rules. If Cupid had entered into discussions about a sale, it had to tell the market, even if that coincided with a profit warning. The disposal is not the first time that Cupid has been in the limelight in recent months. Its shares dropped by two-thirds from 114p to 49p in March after the company denied that it was duping lonely customers by teasing them with messages from pretty young things and promising more if they signed up.

An independent report from KPMG exonerated the group, but the share price continues to hover around 75p. Cupid says that the deal means it has left the sleazy "casual dating" end of the market. The slimmed down business has a chance to improve its reputation. It needs to, otherwise investors will decide to break their own relationship with the company too.



ps My personal view is this company will now have an mbo.
Posted at 11/7/2013 08:46 by j777j
Talks have been ongoing since may 29th....

29 May 2013



Cupid plc

Comment regarding share price movement and trading update

Share price movement

The Board of Cupid plc (AIM: CUP) notes recent movements in the share price of the Company and confirms that the Company is in discussions with third parties which may lead to an offer for Cupid's casual dating business. There can be no certainty as to whether any offer will be forthcoming.




Logic would have it that with 6 weeks having passed something is clearly going on.
Cupid share price data is direct from the London Stock Exchange

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