|21ST Cent Tech
||EPS - Basic
||Market Cap (m)
21st Century Technology Share Discussion Threads
Showing 3326 to 3349 of 3350 messages
|I look in here once every few months to see if there is anything exciting in the revenue stream.Another year goes by.For me it's nostalgia and disappointment that the company can't find the financial investors to consolidate a very fragmented industry.With so much competition, margins and profits are always going to be very tight. A listed company like C21 has a lot of costs to pay and executives tend to be greedy and live well above their status.|
|Steady buying today...hope we here news from the company in the near future about new clients/orders.
I believe we need to hear news from C21 now to kick start the share price.
|Another fairly chunky buy gone through. Could be someone stake-building or interested being generated in the company|
|I see the drop as a buying opportunity and have topped up.
Trak8 are struggling and have got their own problems to sort out.|
|Guess no one in this (very wise) but note Trak8. The big issue for C21 is not only in actually making money (rather than doing deals in far off places at low GP) but that Trak8 were the best hope for getting taken out. That now would seem a very unlikely prospect.|
|All rather quite, share price aside. See they are now worth less than they sold the Merton building for all those years ago. Not even any director buying says a lot. Much better run as a private company, just don't ever see this being big enough to warrant it being public.
(Lets hope cash has been coming in as the £300k raised at 10% in December won't last long and they will lose 20% if they use the invoice facility).
Best of luck.|
|Happy New Year C21 traders.
I have to agree with Waterloo.
The margins in this business are wafer thin. So when they do make a profit it is taken by directors leaving nothing for shareholders.
No dividend and no capital gain.
It doesn't sound like the best place to be in this market.|
|vfast, I'm cautiously optimistic. They may just have turned a corner - they need to keep positive newsflow coming|
|I read on the main thread that there is optimism about further contracts down under as a result of the NZ contract. It's always possible as new eyeballs will see the products. But NZ Bus is by far the biggest bus company in NZ and our neighbours are far away. The distance from Auckland to Sydney is about the same as London to Chisinau, Moldova. Europe is a much bigger and more populated market for C21.|
|Bought a few more this week at 2.7p and 2.74p which brings my average down to 4.25p.
Looking forward to 2017/18 with optimism and believe C21 could be the "Dark Horse" next year that comes good.
After a bad 2016 my luck has to change!!!
|It's nothing to do with C21, it's the Sky takeover but for some reason the computer system/softwear have tagged it on to C21.|
|21st Century Fox has made an offer for Sky plc. Wellington Group is a major shareholder in Sky and declaring its trades against C21 UK company. Should be ticker FOX on Nasdaq.|
|What are the last 2 RNSs all about?|
|They must be having cash flow issues to enter into these finance arrangements. An invoicing facility is expensive at 15-20% apr. Less than a credit card but not much less. Expensive when margins in this business have always been wafer thin. The loan notes at 10% is also eating into those thin profit margins but may be necessary for cash flow.What do UK banks charge these days for business loans?I guess C21 would have approached their bank but it was either too expensive or declined as too risky for the bank.|
|I suppose it's better than a dilution!|
|sharp comment, Nod. even today's debt seem to pay 10% interest for director's money loan and it is fair! It is very innovative scheme to make money at current low interest environment. Crafty lot to squeeze money out of company.|
|That's the financing options sorted and no big surprises.
IMO with this out the way we should see positive progress. Wouldn't be surprised to hear more contract wins in the near future.|
|NZ Bus purchased Alexander Dennis buses from the UK. It's possible that someone from NZ Bus saw the C21 product in the U.K. They probably have the in-house skills to support the technology themselves. Kiwis are very resourceful and innovative.Infratil and NZ Bus are keen on utilising leading edge technology. Earlier this year they announced a project with US company Wrightspeed for electric buses. I will keep a look out for any news on the deployment of C21 products.|
|Yes Nod, I'm a patient investor! C21 hasn't been too bad for me over the years - better than some. I think the current management have the right strategy and hopefully it's starting to bear fruit. Any ideas how they picked up the business in New Zealand?! It seems a bit of a bizarre location unless they have connections there! I'm not complaining - business is business and possibly it could lead to further contracts in the area. Maybe a good idea to cast the net outside Europe following Brexit :)|
|Yes, we've been saying this for ten years yet the company does manage to survive. It earns enough to pay its directors but there is nothing ever left for shareholders who will always have to rely on trading the share to earn an income from this investment. Buying shares and waiting for growth has been a lost cause for ten years.A year or two ago, I had high hopes that C21 would merge with Trakm8 but that is looking unlikely now Trakm8 has hit a wall.|
|with such a low valuation, surely somebody will have a couple of millions to buy this minnow. not sure it will exist on its own very long. the company is just about surviving!|
|Hi qut, are you still holding shares in C21? You are very patient.Yes, I have lived in Auckland for 20 years now. We live just a 10 minute stroll to beautiful spacious beaches. The family had fish and chips on the beach last night. It's hard to beat the quality of life here. I left Cheshire 34 years ago.NZ Bus is the customer. NZ Bus is owned by Infratil who bought the Auckland bus business off Stagecoach, who kept the ferry operations. Infratil is a very well run company. "Over the last five years Infrati's compound after tax to shareholders was 17.74% per annum"|
|Good to hear from you Nod. Aren't you based in the antipodean part of the world?|
|Vfast, I'm not able to post on the other thread. It's the only thread on advfn I can't post on. It's the Gods telling me to stay away from C21.|