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Real-Time news about Cartucho (London Stock Exchange): 0 recent articles
|illiquid investor: at least they can start getting a return on the kiosks that have been sat in inventory............malkie they are not out of the woods if they were the share price would alrwady be pushing above 10 pence
they are valued at 5 million with little debt and can now complete the roll out from existing inventory....they had nearly 500 made at end of july and only 379 installed when they froze further installs...they can now complete the roll out from inventory and SHOULD i think be around breakeven........but i dont know exactly what the cost of increased support etc is....will try and find out
volumes are improving in existing kiosks and margins improved....lets wait and see management reshuffled and an old hand taking up the challenge
i know where my money is going|
|rafas_reds: Simplistic maybe!! However why over complicate things the market that ctgp are in fundamentally has not changed ie competitors with more advanced equipment or OEM suppliers altering this market hasn't happened. Since ctgp floated the same risks still apply the ones that you mention that were highlighted in the prospectus ipo.
What has changed as you rightly point out is the markets confidence in ctgp to deliver. This is primarily based upon service issues i.e engineers getting out within a prompt period and first point of call interaction with the callcentre also there would of been teething problems with any new hardware that only time could put right.
Correct who knows what ultimatum officemax have delivered, however that the kiosks are still in place in nearly 400 outlets is surely testament to the working relationship that they have. If it was a total ballsup I'm sure officemax could of pulled the plug stating incompetence on ctgp part and that would of been it.
In terms of betting against the market thats more of a generalisation stating that the markets always right.
Eggs all in one basket no disputing that fact they need to keep officemax for the business to exist in it's present format. However if the company sole wish is to take a pot of money spend it then delist and purchase the equipment and ip rights for a nominal fee then that applies to most companies listed on aim without any institutional support unless you have a bunch of shareholders doing a cfe...
OEM cartridges not expensive you are having a laugh, relative to disposable income maybe but in terms of what it costs for the actual ink thats some mark up and as the consumer becomes more aware of this is looking to seek better value.
I can go out and buy bulk ink for next to nothing and any firm manufacturing/buying wholesale is in a position to offer seriously good value to the end user. That in itself allows the enduser to perhaps print more that in turn can drive the market.
You seem to be taking the view that the hp/cannon/epson will squash the idea of kiosks and similar hardware. This is where i will have to agree to disagree with you looking at the market i feel that refill kiosks will be around for sometime although oem sales for the immediate future will have a sizable chunk of the market. It's just weather ctgp can put themselves in the best possible position to profit from this time will tell.
The last rns stated an update in the near future this should pretty much give a boost to the share price if positive or if negative the price heads south.
|rafas_reds: This is how i see things at the moment company floats stating that they are going to have xyz sales predominately from one customer via revenue sharing basis and look to pursue new business. Ctgp have problems with hardware mainly due to service/maintenance issues share price collapses.
So if ctgp put out an update stating after a review of their service procedures officemax are happy to continue their partnership blah blah... The price moves upwards. Taken into account that this is an aim stock at an early stage it is going to be news driven and the market generally looks 12-18 months ahead.
A friend of mine used to be involved with a couple of franchise c/worlds that he used to run and in terms of innovation things haven't changed much and as you rightly point out the consumer will always need to purchase oem equipment. My view is for the percentage of the market that ctgp have to gain for the company to be valued higher than it is at present is minuscule.
Agree that the big boys can call the shots and epson are well renown for this type of thing and hp have made some noises as I'm sure you are aware. However i don't think it's that clear cut what type of outlets sell their consumables/hardware.
Cartridge no 338
One more question for you how much do you think a recon ce22 kiosk is worth trade?|
|matches: I have it on fairly good authority that the previous owners are going to try and buy back the company. Not sure how much if any this will lift the share price but may be worth a small punt.|
As ever an update will come when you least expect it! Possibly a little selling after a 50% increase in a short timescale is to be expected, some early investors being prudent and booking a profit. End of tax year possibly a factor also.
One positive announcement and write ups in the IC and or Shares mag etc will see another 10p on the share price IMO.
I also remain happy to hold, though always happier holding when the share price is rising!
Certainly seems that the amount of stock around is reduced and that we have some real strength in the share price. Is there any news around the corner driving this ?
|frank spencer: It doesn't often work like that imo.
People usually subscribe for twice the amount they really want in the expectation of getting the amount they are happy with.
Whilst internet 'shopping' is clearly a threat to everyone in the retail trade, it remains the case that the vast majority of shopping is done in shops.
The majority of people at home with printers tend to replace or refill cartridges when they're empty, and ordering a replacement on the internet is still more expensive and time consuming than visiting your local stationary suppliers or supermarket to top up the cartridge, unless you live in the middle of nowhere.
Not only that, but the environmental benefits of refilling cartridges will appeal to many, and this concept will, I believe, become the norm over the next few years.
Finally, the share price 4 days after launch is not particularly relevant to me or most of the people that bought into the float.|
|indianconnection: It all depends what price they are going to charge
There are so many companies selling on internet
last month I bought remanufactured HP Phtotsmart 1218 color and black cartridge as under
Color C6578A 45ml £12.90
Black 51645A 42Ml £7.90
and delivered free plus I had probem after a month with color printer saying incorrectly installed.
I PHONED INKSTYLE AND THEY ARE SENDING REPLACEMENT WITHOUT ANY ARGUMENTS.
NOW YOU DO NOT HAVE TO GO TO A STORE AND WAIT FOR IT TO BE REFIILED AND IF ANYTHING GOES WRONG YOU HAVE TO GO BACK TO STORE AND ARGUE WITH STUPID STAFF.
So Cartucho retailers will be competing against thse internet retailers who value their cusomers, relying on keeping them for life!
Just my point of view. It is still early days but to me if the issue was over subscribed, the share price shoud be up atleast 50% up, not just10%?|
Cartucho share price data is direct from the London Stock Exchange