Cabouchon Share Discussion Threads

[fund1] 15/8/2003 13:10

Lets hope for some recovery here. A lot of smallcaps have been moving back to there year high lets hope this does the same.

[davew28] 16/6/2003 19:03

I've bought a few k of these - definitely worth a punt.
Plenty going on with its principal shareholder - Jubilee Investment Trust.

[charlton1] 15/6/2003 22:41

Is it worth a punt

[vs] 13/6/2003 18:24

Whoops..sorry.. got the monetary amount and the number of shares mixed up!
Let's try again.

"Anyway now Cab have £96k in cash, Jubilee own 9,000,000 Cab shares worth around £270k but a lot less if disposed off in one go, and some soul has forked out £96k for 450k Jubilee shares... "

(as far as Cabouchon is concerned, they have issued 9,000,000 shares for £96k ... i.e. around 1p / share, which sounds pretty dire)

[shamster] 13/6/2003 18:19

£96,075 (450,000 * 21.35p) ?

[ivanleg] 13/6/2003 18:04

Interesting.. thanks

[vs] 13/6/2003 17:54

From previous news release.
"Under the terms of the Placing, Cabouchon subscribed for 450,000 ordinary shares in Jubilee ("Jubilee Shares") at a price of 100p per share, which was settled by the issue to Jubilee of 9,000,000 new ordinary shares of Cabouchon at a price of 5p."

So Cabouchon got 450k shares with a NOMINAL value of 100p, but no money exchanged hands - Jubilee ended up with 9 million Cabuchon shares.

All this is just a fancy way of Cabouchon issuing its own shares for hard dosh. The reason for using this method is that it would have been impossible for them to issue 9m Cabouchon shares into a market which values them as next to worthless.

Anyway now Cab have £400,000 cash, Jubilee own 9,000,000 Cab shares worth around £270k but a lot less if disposed off in one go, and some brave soul has forked out £400k for 450k Jubilee shares... and probably praying that Jubilee own more than just a bunch of Cab shares.....

[ivanleg] 13/6/2003 16:13

That's what I thought but my silly mate told me otherwise. I thought cabouchon got the shares at 100p though, so this sale still confuses me.

[vs] 13/6/2003 16:02

Don't be silly. It's Cabouchon who have sold shares in Jubilee.
(Cabouchon got those shares in a fund raising, in exchange for its own shares.)

[ivanleg] 13/6/2003 15:57

Did anyone see today's report - it seems to suggest that Jubilee Investment trust sold 450,000 of these at 21.35p. If so, why is the current price just under 3p? Hmm..?

[jamiedodger] 27/11/2002 17:48

Rise prompts a 200K sale? so why the rise?

[grlz] 13/9/2002 19:00

death by a thousand cuts

[grlz] 29/5/2002 17:05

we live in hope dbh1234. A press launch may create some interest in the stock, little else is at the moment.

grlz

[dbh1234] 24/5/2002 18:07

spoke to the company today who advised there is a press launch on Wed 29/5(Cosmo etc)in London - seemed pretty upbeat

[grlz] 22/5/2002 21:10

royal

todays drop i doubt is 100% trade driven, there may be some problems regarding agents turnover rates.

IMHO......grlz

[royalexile] 22/5/2002 10:13

even the smallest trades are moving this, imagine what would happen if there were just a few more buys!

[royalexile] 22/5/2002 09:57

anyone think this may be on the bounce?

marked down again this morning on no news then moved back up - whats happening, any views?

[fishcake] 05/2/2002 11:16

History
After a extremely successful period between 1991-1996 the original Cabouchon Company built up annual sales of £54m,it was founded by Petra Doring.
In 1998 it went into receivership due to lack of management and financial control.
Subsequently Ms Doring no longer has any association with the new company, that Ms Wing has now formed.

Current Trading
The company is now updating its promotional material and the next collection is due to be launched in March 2002 which should kick start increased sales.

Marketing
Cabouchon has already signed consultants in 16 countries, with a high proportion of sales coming from the UK.

The new Company and the new management team are setting out to give Cabouchon a fresh start with £0.5m of working capitial.
With a low cash burn rate and a large proportion of the old top sales agents/consultants.
High margins and low cost base are the key aspects of this concept that once generated annual audited sales of £54m.

[hbp] 04/2/2002 10:02

now 38-42, up 8% and rising!!!!!!!!

[godfather50] 31/1/2002 15:51

trading again and up

[erdmanski] 25/1/2002 20:00

- forward to correct EPIC.