Castleton Technology Share Discussion Threads

[chimers] 17/10/2016 12:49

You see folks when the market the instis the net worthers and the imbecile punters like me haha............when we all see an RNS telling us a Director quit on the spot with no explanation and immediate effect then..............WE KNOW WHATS COMING.

I mean , you didnt think it was a good thing did you lol ?
Or did you think nobody would notice

[chimers] 17/10/2016 12:45

Castleton Technology plc

("Castleton", the "Group" or the "Company")

Conversion of Loan Notes



Issue of Equity

Castleton Technology plc (AIM: CTP), the software and managed services provider to the public and not-for-profit sectors, announces that it has allotted 375,000 new ordinary shares of 2 pence each in the capital of the Company ("Ordinary Shares") pursuant to the conversion of loan notes held by the vendors of Opus Information Technology Limited, the provider of software solutions to the social housing market, which Castleton acquired in March 2015 (the "Loan Note Shares").



The Loan Note Shares are subject to a 12 month orderly market agreement. Application has been made for the Loan Note Shares to be admitted to trading on AIM ("Admission") and dealings are expected to commence from 8.00am on 10 October 2016.



Following Admission, the total number of Ordinary Shares in issue will be 78,714,832. This figure should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules

[chimers] 17/10/2016 12:45

Loan note holders converting to shares and DUMPING like a fat man in a curry house.
Not good?

[chimers] 17/10/2016 12:44

This is worse than any insti DUMPING.
This is people who OWNED and still manage and run the companies within CTP DUMPING? .

Oh dear.
Not much confidence in their own abilities or the future then.

40p
Thats whats coming that and xmas.

[chimers] 17/10/2016 12:43

Oh its coming a quick glance at the chart will confirm that for anyone with a modicum.

Xmas....Chestnuts....and 40p

[chimers] 17/10/2016 12:43

Meantime when company INSIDERS this time management wave a red flag from the top of the Reichstag its time to sit up and pay attention.
Mug punters will of course ignore , thats why they are MUG PUNTERS.
But the rest of the market wont ignore such obvious signs

[chimers] 17/10/2016 12:43

Oh I was concerned with whether OPUS held a single solitary share in CTP.

I mean who else has been dumping non stop for the past 4 months ?

Are there many more of these loan notes out there ?
Ahhh hang on I remember ........................YES , there are.

[adascogne] 17/10/2016 12:42

nobody asked you that's the point

[chimers] 17/10/2016 12:42

Oh dear.................

Try and grab something that floats!!

[chimers] 17/10/2016 12:42

FFS nothing but sell after sell after sell after sell here.
What is going on!?

WHAT is it that these insiders know that we dont?

This is the big question.

Hmmmm.
Not good

[chimers] 17/10/2016 12:41

It will be yet another debt for equity swap being front run imo?
None of the debt holders want to told the shares for love or money it seems.
And its worse because they are ALL company insiders (management)
They look to be offloading as quick as they can before the NEXT bombshell if you ask me.
And who would know better as to what might be coming ?

Hmmmmm

[adascogne] 17/10/2016 12:40

Beware Of The Troll !
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Beware Of The Troll !

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This board has one.
It has it's own agenda.
This might be very different from your own.

Do Your OWN Research.

You have been warned.

[chimers] 17/10/2016 12:40

The company is way overvalued.
You cant value a loss making company that has around 9 million pounds of debt to service and which makes small margins on its business contracts so small that it needs hundreds if not thousands of these contracts in order to break even.
I use the companies accounts as my basis.
ctp has a current astonishing mkt cap of 52 million which is just ridiculous for a company that has never made one single penny profit in the 3 years since it began

[chimers] 17/10/2016 12:40

Oh dear they are dumping below the bid now lol.

Get ready...............................hold on tight..........

[adascogne] 17/10/2016 12:39

Beware Of The Troll !
Beware Of The Troll !
Beware Of The Troll !

Definition of 'Troll':

One who posts a deliberately provocative message to a newsgroup or message board with the intention of causing maximum disruption and argument

This board has one.
It has it's own agenda.
This might be very different from your own.

Do Your OWN Research.

You have been warned.

[chimers] 17/10/2016 12:37

The company is way overvalued.
You cant value a loss making company that has around 9 million pounds of debt to service and which makes small margins on its business contracts so small that it needs hundreds if not thousands of these contracts in order to break even.
I use the companies accounts as my basis.
ctp has a current astonishing mkt cap of 52 million which is just ridiculous for a company that has never made one single penny profit in the 3 years since it began.

[chimers] 17/10/2016 12:37

2 directors yes 2 directors at CTP have suddenly resigned with no explanation at all to shareholders or the market.
Both left with immediate effect.
This is a major red flag for any company.
The share price TANKED on the news of the last director who QUIT on the spot.
When's the next one I wonder ?
It is clearly a rocky ship and it is clearly a sign that all is not as it should be at ctp.

[chimers] 17/10/2016 12:36

Sentiment.
As anyone can see sentiment here is at ZERO.
Nobody buys the shares.
But somone has been selling tens of thousands of CTP shares week after week after week after week.
This selling is still ongoing as you can see today.
Everyone in the markets know that this company has to prove it can work and until it does sentiment is going nowhere.
SENTIMENT is all a small cap AIM listed stock has going for it.
When you lose sentiment you lose it forever and a day

[adascogne] 17/10/2016 12:34

The only pattern on here is your blather

[chimers] 17/10/2016 08:04

This is the same pattern as the last freefall.

Its a sell sell sell sell after sell sell sell at a fixed price (so someone can exit)
And then its WHAM DOWN 10p in an instant.

Not good guys not good.

[chimers] 17/10/2016 08:04

"X" wants out

"Y" agrees to oblige and take them at a set price.

Once all the new shares are dripped in and soaked up by "Y" they then give the sponge a good squeeze and you lot get WET.

AGAIN.

Anything else just holler