Castle Street Share Discussion Threads

[crapcrap] 04/1/2016 12:20

you will find out on the 20th.
the market will judge

[phenomenonnick] 04/1/2016 12:14

I'm not asking anyone for their trust. Just trying to have a sensible discussion about CSI, to help all reach a consensus about what kind of price this might come back from suspension at, and what a sensible valuation might be until the next news comes out.

[crapcrap] 04/1/2016 11:50

i know in whom i trust!

[crapcrap] 04/1/2016 11:48

welcome to chimmerworld! lol

[phenomenonnick] 04/1/2016 11:09

Well, aren't you a delightful human being.

[phenomenonnick] 04/1/2016 11:04

Eh? Just because I joined in order to make a comment, my comment is worthless? What EBITDA multiple do you think this non-growing business should be trading at?

[phenomenonnick] 04/1/2016 10:38

Hi all,

I've got 300,000 shares here so I'm keen for this to do well, but isn't this an extremely full price to be paying? 1x revenues for a firm with no profit and whose revenues are falling despite an acquisition (8el)? The purchase price is over 10x EBITDA. Isn't that pretty steep? Or at least, not an amazing deal. It's surely only momentum and excitement which will push the share price higher in the short term? Maybe MXC's partner who is our new CEO can find some great acquisitions, and I hate to rain on the party, but for me the jury's out.

[mr roper] 04/1/2016 09:20

. In line with this strategy a number of potential acquisition targets have already been identified that would strengthen the Enlarged Group's portfolio of products and services and support accelerated growth. The New Board will seek to actively engage these targets as soon as practicable following Admission.

[mr roper] 04/1/2016 09:14

lol..leeds..it may well be..

[crapcrap] 04/1/2016 08:57

not one troll.

[leedsu36] 04/1/2016 08:54

It will soon be a detached Mr Roper.

[mr roper] 04/1/2016 08:27

The Directors and Proposed Directors believe, consistent with these objectives, that there is an opportunity to build a highly profitable, coherent IT services group with revenues in excess of GBP100 million within a timeframe of three years.

[jayfella72] 04/1/2016 08:26

Morning all.Great news here and we'll done to Chimers.

[jayfella72] 04/1/2016 08:22

Morning allGreat news here and we'll done Chimers.

[robyv] 04/1/2016 08:20

Yep, great shout Chimers and Ibans. Thanks again

[mr roper] 04/1/2016 08:18

i have a semi

[leedsu36] 04/1/2016 08:14

A good bus journey alround with excellent commentary on local attractions by the chief tour guide,lol

Chim,i don't know how you do it everytime,but even I'm beginning to think you have inside knowledge.

Shame on those that doubted him,but majority on the bus stood firm and will be handsomely rewarded.

[robyv] 04/1/2016 07:58

Chimers, what kind of share price can you see this opening up at again?

[zac_mo] 04/1/2016 07:34

Current revenues of £35 million....do the sums this is a stonking investment. ..