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ICU IN Cup

0.10
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
IN Cup LSE:ICU London Ordinary Share GB00B06C2Z82 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.10 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 0.10 GBX

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In Cup Plus (ICU) Discussions and Chat

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Date Time Title Posts
25/2/201415:58My cup has runneth over!118
30/1/201015:26I See You1
30/1/201015:25In Cup with Charts & News1

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In Cup Plus (ICU) Most Recent Trades

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In Cup Plus (ICU) Top Chat Posts

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Posted at 01/5/2008 20:30 by mjcrockett
I guess it is the end. Although, you would think if it were the end of listing for ICU, they could announce it right away. There's not a lot to say. I suppose there is a remote possibility of some last minute discussions. I would think we will hear something tomorrow, whatever.

MJ
Posted at 30/1/2008 10:16 by ljsquash
1 million Buys through at 0.90 when Offer price is 0.70p and yet no affect on the sp?
Posted at 29/9/2007 23:34 by cerrito
In isolation the results are OK although they do seem to be hit by rising material costs.
However they started the year with an unfulfilled contract for 62 machines so they appear to have run out of steam and are rather coy about current trading.No doubt purchasers are unwilling to committ until their financial position is more secure especially as they rely on ICU for the consumables for the machines..the Pac Con incident in this sense is very damaging to them.
I wonder if Mr Marks is there still with his £250k even if the shares he gets are priced lower than 2.25p??
Posted at 08/8/2007 17:29 by mjcrockett
Where 'lots' must be less than 2p! Although, with the recent recovery in the price, I think we can safely assume that they have sorted out the short term cash problem. My guess would be a small placing at 1.5p.

MJ
Posted at 21/4/2007 22:32 by mjcrockett
JakNife, you are labouring the point somewhat. You do not know nor do I whether ICU will turn the corner or not. In my book, they are either a complete basket case or a 10 bagger. Personally, with sales growth running at 100%, I think they are worth a punt. Cerrito and I met the board at the AGM and neither of us are selling - that must say something.

MJ
Posted at 21/4/2007 19:13 by cerrito
JakNife,You are corrct to point out that Pac Con and City Equities together is a bad sign.
I do not think that the company is in trouble now but as per my previous posting the share price will remain depressed until all these options/fund raisings have worked through the system and we have a better idea of cash conversion.
To me the company is better than its brokers...this illustrates the structural weaknesses of AIM and also calls into question whether such a small company really needs to have a listing.
ljsquash my hunch is that you have done a good deal but with the wide trading spread and the uncertainty in the next six months you will need patience.
Posted at 20/4/2007 21:40 by mjcrockett
59David, thanks for the info re City Equities. ICU may or may not have a good future - I don't know, but it most certainly is NOT in big trouble today.

MJ
Posted at 19/4/2007 16:27 by chaweewan
As most young hospital doctors know, ICU stands for 'intensive care unit'.
No trading today.
Posted at 19/4/2007 09:53 by mjcrockett
Cerrito, Thanks for the above. Good to meet you at the AGM yesterday. I also came away feeling that ICU are moving forward. They do seem to have a good product which seems to be gaining acceptance in the market place. However, there must be a risk that the big boys will copy the ICU product if it is very successful.

I agree with you that there is the danger that the share price will drift for the next few months. But, with the prospect of strong growth here, there must be a fair chance that someone will tip this before September which would have a big impact on the share price. Difficult call - but an exciting long term prospect.

MJ
Posted at 18/4/2007 21:03 by cerrito
Was at the AGM this morning.
Big picture is that I got good vibrations from management that there is a sensible business here and that now that they have got some big name sign ups they have the foundation to go forward as they have clients who can give good references...ie they are establishing credibility important as they are up against companies which are much bigger than themselves.Explained that considerable electricity savings, not to mention the maintenance savings compared to the traditional type of machine. Management seem perfectly sensible and of course the CEO is the major shareholder.
The increase in overheads/decrease in COGS in H2 compared to H1 was due to a different policy in classifying cost, bought in my the new CFO.. In hindsight did not press why the loss in H2 was exactly the same as H1 despite the increase in machine sales.
We were assured that with the funding commitments they have enough cash for the foreseeable future- see below
They were encouraged to give more information on the breakdown between revenues from machine sales and from consumables..I understand there are some commercial reasons for this non disclosure.
To me this is not a sell but I do not at this time see it as a buy.
I consider that the share price will continue to be depressed until the Pac Con option agreement runs its course at the end of September; indeed as I see it September will be crucial as not only will this option agreement expire and so lift what will probably be a downer on the price but we will have interim figures, which will give us a much better indication of their success in cash conversion as we have no firm clue as to whether or not they will run out of cash.
In Cup Plus share price data is direct from the London Stock Exchange

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