Cambridge Nutritional Sc... Share Discussion Threads

[broken_arrow1] 16/5/2024 13:57

They are asking 4.2p for anything over 150k of shares verses the advertised offer of 4.1p.

Momentum is building, volume is picking up, the last broker coverage offered a fair value price of 10p a share.

No placing worries either with £5m in the bank v £9.5m m/cap.

[kingston78] 16/5/2024 12:04

I cannot buy any shares. It is asking me repeatedly for a re-quote, indicating that MM is short of stocks probably. I am putting through a limit buy order.

[kingston78] 16/5/2024 11:58

The share price is moving upwards gently after a few years non-action. It is gearing up to shoot up.

[wealth_creator] 16/5/2024 08:37

Has anyone noticed the continued bookbuild here - where do you think all those legacy & most recent 250,000 share buys are going - one thing - they are not going to Mr Joe Public !

Think industry player/takeover approach.

[broken_arrow1] 16/5/2024 08:18

Book is very strong currently with very few shares available at offer price, the chart 'flag' that has formed is extremely bullish, once through 4p 6p comes into play.

[barrywhit] 14/5/2024 16:30

Large buyer in the background....happy to take all the sells..

[thecoyone] 14/5/2024 07:53

YasXII


You make a good point concerning the failure of the company broker to revise their target price, as far as I am aware their last target price of 12p has been under review for around one year, that is inexcusable.

I have been following the trades for some significant time and IMO there is clear evidence someone is stealthily acquiring large lines of stock when any is on offer, that opportunity is closing as sellers dry up.

I think CNSL will be taken over, there is no doubt this a gem of a company and remains under the radar of most market participants.

The shares will continue to re-rate.

[yasxii] 13/5/2024 12:17

Gentlemen.

I am mindful to contact the house broker Cavendish seeking an explanation as to why they continue to have their share price target as 'under review'

Whilst the Gracious Fellow takes little notice of broker 'targets' many do, their last proposition suggested the Health & Nutrition business was worthy of 10p a share alone.

Failure to deliver an updated target price is clearly due to abject laziness, nothing else.

It is worth noting their recent update was exceptionally bullish, well so be it, give the market a valuation viewpoint then.

The matter will also be raised at the next Q&A session.

In the meantime fill your boots with CNSL stock.

[broken_arrow1] 13/5/2024 11:20

That 250k buy took all the loose stock as a result they are now asking a premium for size.

Chart flag is a very bullish signal.

Once through 4p there is very little resistance to 6p !

[silverspoon2009] 07/5/2024 09:20

Poised to move up, nothing available online.

Investor appetite is building here and why not with a 10p/12p broker target price which is also under review upwards.

[broken_arrow1] 03/5/2024 09:45

Most platforms are 'at best' this morning, IG are all over the place and are still demanding a large premium for size.

Could break 4p today.

Something is brewing.

[m1sterx] 03/5/2024 07:54

Keep an eye on this one, buy if you can ;-)

[broken_arrow1] 02/5/2024 13:13

Asking 4.2p for size currently, that last 100k buy moved the book, just 50k of shares available now before it moves up.

[one2go] 02/5/2024 10:55

This is going to break 4p PDQ, the shares were trading at 9p two years ago post Covid and at the start of the re-brand.

No reason why 8p/9p cannot be reached again.

[thecoyone] 02/5/2024 08:22

My exit price here will be in the 15p-20p range, I am confident of that, at 20p a share the company would only be valued at £50m, that is peanuts in a sector that has annual market size of over $300 billion and growing.

Goodness knows why there are not more buyers however it leaves the door open to the shrewd who know the score here.

[broken_arrow1] 02/5/2024 08:05

Note the flag that has formed on the chart, exceptionally bullish, the book remains strong with very little stock on offer early doors.

The RSI is sitting around 60 so plenty of room for an upside swing before it reaches overbought.

[broken_arrow1] 01/5/2024 15:58

Book has strengthened significantly this afternoon, most retail brokers are 'at best' for any size on the buy side.

Repeat when this breaks 4p it should move quickly to 6p.

[thecoyone] 01/5/2024 15:31

This looks poised for a dynamic move up having consolidated nicely in the current range, stock is exceptionally hard to acquire, over half the market cap sits in cash would you believe.


The broker must be due to offer a target price on CNSL, it remains on their site as 'under review' however they did in their last note suggest the Health & nutrition business was worth £25m so that is just over 10p a share.

Good luck trying to get any is all I can say.

[broken_arrow1] 30/4/2024 09:20

They are still asking a premium for size, there are 100k of shares on offer at advertised price then it moves up.

A number of platforms are 'at best' on any size.

It does suggest there is a hidden buyer in the market.

[yasxii] 30/4/2024 09:08

Gentlemen

Remember the old adage 'fools and money are easily parted' well the fools are the sellers. It is clearly evident that stock is being acquired stealthily in the background which will continue to assist upside however.

There is no doubt the share price will accelerate to double digits in due course, patience is required, re-rates of these minnows come when least expected.

For the benefit of doubt the Gracious Fellow has taken another slice of stock over recent sessions.

[kingston78] 29/4/2024 20:22

The share chart is strong with higher high.

[shearluc] 29/4/2024 14:46

Looks like there's a big Buy in the system

[m1sterx] 29/4/2024 11:55

Just another company on AIM that is majorly under priced due to market maker antics.

It works all the time, reduce/cut off online buying, widen spread, do not show 'real' prices, hope that buyers will not come for stock the market maker does not have

Looks like it is not working here as buyers keep probing.

[broken_arrow1] 29/4/2024 11:41

Poised to move up, hardly anything on the offer, book remains very strong.

As posted on Friday once 4p is breached 6p is in clear view.

[silverspoon2009] 29/4/2024 09:34

Nearly half a million shares bought over the last 2 hours of trading, the price looks poised to blow.