Castleton Technology Share Discussion Threads

[chimers] 14/9/2016 10:45

MY judgement was STRONG SELL AT 87p and at 74p

It is now 64p and FALLING.

WHAT WAS YOUR JUDGEMENT AGAIN ? OH YEAH "STRONG BUY"

My condolences.

[chimers] 14/9/2016 10:44

Anyone seen the Herd ?

[chimers] 14/9/2016 10:44

The bottom line is..........

Directors dont just suddenly quit unless there is a serious reason.
If it was health or family they would have said so.

THEY DIDNT.

[chimers] 14/9/2016 10:43

Stockmarket tip from me....WHEN a Director SUDDENLY quits without ANY explanation at all you ................DONT BUY.

Just my opinion of course lol.

[chimers] 14/9/2016 10:43

NEVER EVER...........TRY TO CATCH A FALLING KNIFE


THE MUG PUNTERS BIGGEST AND MOST COMMON MISTAKE!!

[chimers] 14/9/2016 10:43

Remember the 60's guys!!?

Cilla Black?

The Beatles?

Mods n Rockers?

Oh yeah and CTP's share price :)

[chimers] 14/9/2016 10:43

Yeah The Cambridge news values its copyright they wont be best pleased.........

[suneday] 14/9/2016 10:42

You mention Flitton. So here it is.

"This arguably suggests that the company in question which possesses growth credentials may be worthy of closer scrutiny.

Although Castleton Technology is no developer across the housing sector, it is nevertheless carving out its own space through a revenue building software technology operation that serves the growing social housing market.

The company, which is effectively a buy-and-build operation headed by CEO Ian Smith, has positioned itself well in a market that is not only buoyant but offers extensive future growth opportunities with a welcome back-up via a strong element of recurring revenue.

Over the last couple of years, Castleton has made a number of strategic acquisitions which are exemplified by last year's purchases in the form of Brix, Impact and Kypera.

These additions should collectively further support the boards goal of assisting the group in becoming the expert and preferred choice for both social housing providers, alongside those within the commercial and more wider public sector arena.

Within a now much extended but very much complimentary group, Castleton provides extensive management and support solutions that enables its clients to control, improve its services and keep costs down, while also providing a service that supports best management of their own own infrastructure.

Despite the space being somewhat fragmented where numerous smaller operators compete with a few larger operators such as Northgate and Capita, Castleton is the only player with a completely integrated ERP (enterprise resource planning system) for both existing and would-be customers.

This sees the operation providing a suite mix of business-management software applications that enables organisations and housing providers to collect and store data, whilst also managing and executing on all their activities and requirements.

Although the UK along with Ireland is very much the focal point for Castleton and continues to provide for extensive growth opportunities, the company is already active further afield with operations now established in both Australia and New Zealand.

Additionally, in continental Europe it has cemented a reseller channel in the Netherlands which should provide for further openings and potential to scale up its business in what is a ready-made market for its wares.

At present, Castleton's shares stand at 73.5p which, although some way off the 90p high already achieved over the last year, arguably looks up with events – particularly with EPS of 4p pencilled in for next year seeing the stock trading on a forward PER of 18.

However, as with many such stocks, investors are often happy to pay more for tomorrow's growth prospects, particularly when specific markets offer potentially significant returns.

Regarding its target market and the buy-build operation, CEO Smith, a former Cable & Wireless and Cisco man boasts a wealth of experience across the technology space and has already made his mark with such previous strategies which came to the market.

As such, that should provide for a further degree of confidence for those already invested, or for anyone eyeing up the company as a potential share to hold in a wider based portfolio.

Admittedly, free cash flow over the last year has been under pressure and didn't register a positive performance last year, but that was very much down to integrating the various and extensive acquisitions which had been made in a short period and the related incurred costs alongside a managing of working capital on an increased order book.

Importantly, this picture is now expected to see significant improvement as the bedding in process has largely been completed resulting in broker FinnCap forecasting a cash flow yield of 4.5% and 6.9% respectively over the next two years, which should also see improved adjusted pre-tax profits of £3.6m and £4.4m.

Recurring revenue, which is often a constant theme for companies across the field, is already standing at an impressive 58% which underpins both current forecasts and prospects going forward, providing a firm grounding for additional wins to the group.

And, with government bodies such as the Homes and Community Agency as recently as last year citing some 1.8m UK households being on lists for social housing, such a further highlighting for the extensive need of new homes explains the longer term attractions at Castleton.

Both managing the existing inadequate housing situation along with meeting the needs and requirements for the future plays well into the hands of the company, which already boasts a third of all UK housing associations as clients.

This surely suggests the company is very well placed to make further progress on both its earnings and level of profitability in the coming years which could result in the share price trekking northwards once again to FinnCap's current 90p target price."


Read more at hxxp://www.cambridge-news.co.uk/private-punter-castleton-technology-carving-out-a-niche-in-housing/story-29643393-detail/story.html#p5dGsAY71vPZHSmA.99

[chimers] 14/9/2016 10:30

Stockmarket tip from me....WHEN a Director SUDDENLY quits without ANY explanation at all you ................DONT BUY.

Just my opinion of course lol.

[chimers] 14/9/2016 10:29

The CTP diet a sure way to lose the pounds!!

[chimers] 14/9/2016 10:27

Castleton Technology Operations Director Caro Bell Resigns
LONDON (Alliance News) Castleton Technology PLC on Wednesday said Operations Director Caro Bell has resigned.

The software and managed services provider said Bell will stand down from the board with immediate effect. Castleton did not give any further detail regarding the resignation or a potential replacement.

Shares in Castleton were down 6.2% at 64.25 pence on Wednesday.

[chimers] 14/9/2016 10:26

How ya liking them apples COMPANY STOOGE ?

[chimers] 14/9/2016 10:26

This lot could simply take everything ?

WOWSERS..............

IBM is making great strides reinventing the company for a new UK public sector SITS environment. The latest news –; that it has signed ten-year contract with Harrow Council –; shows that some of its smaller wins in the world of ‘digitalâ€;™ have the potential to grow into much bigger opportunities.

Last Thursday, Sharon Bagshaw, VP Central Government, Defence, Health & Life Sciences, at IBM UK (pictured front centre right), sat down to sign a new contract with the authority, which will enable the first implementation of IBMâ€482;s Watson Care Manager outside of the US. The partnership sees the two organisations combining their capabilities and expertise to deliver an advanced social care managing system suitable for the UK market

[chimers] 14/9/2016 10:25

Wow is this true ?
I wonder what would happen if an industry Tech Giant a BEHEMOTH the DADDY, got involved in the UK social services market with a plan to grow it into something major.
A company that is so big and so powerful and one that has all the software engineers and writers you could shake a sticky stick at and which writes its own code I wonder if such a company moved into the UK social services sectors and gobbled up everything I wonder where that would leave a company like CTP?
A company so big that it wants all the cake, could that happen?

BIG BLUE...................is it TRUE?
This "mug punter" thinks it could be :)
But hey wtfdik.

[chimers] 14/9/2016 10:24

I wonder if Martin Flitton of the Cambridge News will be apologising to all his readers (both of them) for his very badly researched and ill advised "tip" to buy CTP at 74p ?

Thats if they havent already dispensed with his poor articles that will have lost either of his readers a lot of money if they took the fool with any seriousness!!

[suneday] 14/9/2016 10:23

You really personally have no idea.
The use of a script and cut and paste unconnected items demonstrates that.

[chimers] 14/9/2016 10:20

Once the rot sets in its often the beginning of the end!!

Look what happened at their software company 365AGILE.

Director Jonathan Holyhead SUDDENLY "resigned" WITH ABSOLUTELY NO EXPLANATION AT ALL.

Then their share price "COLLAPSED" AND WITHIN MONTHS THE COMPANY PACKED IT IN.

The omens are not good for CTP history often has a habit of repeating itself.

Something stinks in the state of Denm........... MXCP related companies

[chimers] 14/9/2016 10:19

Bigger contracts blah blah blah
Australia blah blah blah
Director quits abruptly blah blah blah.................

Makes ya think innit!!

Would YOU seriously invest yer hard earned in this Turkish ?

[chimers] 14/9/2016 10:18

Watch out guys MEGA PUMP and DUMP operating here!!

[chimers] 14/9/2016 10:18

Yeah I dont have the slightest clue Im just the guy who said this was gonna tank at 87p.
But WTFWIK.......................quite a lot as it happens!!

[chimers] 14/9/2016 10:17

The world full of optimistic broker notes and the suchlike. Some 100% higher than the share price.

The scammers know this. Every investor who's been around a bit knows this.

A 90p target on this is nothing unusual at all.

Doesn't mean it will get there and doesn't mean it's worth it

[suneday] 14/9/2016 10:16

You really have no idea.
And therefore resort to constant repeat drivel.

[chimers] 14/9/2016 10:15

Is todays fall a signal that another rout is about to begin ?

Last time it tanked about 10p in just a few hours.
Hmmmmmmmmmmm

Could it happen again ?
Hey its your money you decide.