Castleton Technology Share Discussion Threads

[suneday] 16/11/2016 23:23

If it helps,and in addition to my post 3724, the destroyer went through it for you a couple of days ago. Quite succinctly. Which of these is also incorrect?

"So....lets summarise

Revenue UP
EBITDA UP
Cash Flow UP
Profit After Tax UP
Client Base UP
Cross Selling UP
Profit Per Share UP"

[suneday] 16/11/2016 23:13

I know all that - you keep posting it.
Which part of my last post do you disagree?
I think you'll find it is a factual account of Castleton's overall position.
If you say it's not, please reference the particular point.

[chimers] 16/11/2016 21:48

Which part of..............Note the deferred income, and borrowings are both quite high. So it looks like a business that is funded from favourable working capital (i.e. getting cash in from customers before it has to pay cash out), plus debt - that all looks a bit too precarious for my taste. So it's not for me.................

..........are you having trouble grasping ?

[suneday] 16/11/2016 21:14

Sorry. Just popped back.
That's a strange thing to say - "going bust in a few years time". Now is what matters for this pretty rapid growth company. It's debt is not abnormal for such, it's completed it's capital expenditure, apparently for now anyway,is servicing and paying off the debt it has,it's organic growth and earnings are improving, along with repeat revenue, and it's just moved into profit.
Like all companies, if it's products continue to sell well, it will improve.
And it's looking to enlarge it's market.
Catch you tomorrow maybe now.

[suneday] 16/11/2016 20:16

No? Catch you maybe tomorrow. Night night.

[suneday] 16/11/2016 20:07

Kestrel Opportunities - ' the fund that helps people out'.
Nice.
And who else is buying?

[chimers] 16/11/2016 20:03

Now get this...............THATS WHAT THE MARKET THINKS OF CTP.

[chimers] 16/11/2016 20:03

Analysis..


CTP the interim figures announced today look encouraging, until you look at the balance sheet, which looks very weak to me. NAV of £15.4m drops to negative -£18.4m after the £33.8m intangibles are written off.

Working capital seems very weak, with a current ratio of 0.55.

Note the deferred income, and borrowings are both quite high. So it looks like a business that is funded from favourable working capital (i.e. getting cash in from customers before it has to pay cash out), plus debt - that all looks a bit too precarious for my taste. So it's not for me

[chimers] 16/11/2016 20:02

Kestrel are buying and they are buying to aid someone who wants out.
Thats no way to run a fund and no way to spend other peoples money.
But they are getting it wrong all over the shop so chasing ghosts.

The accounts are shocking and in order to keep the wolf from the door they MUST keep getting new orders and thats getting very hard to do in their niche market.
Its all going to implode in a big way in my opinion and thats why the smarter bear is running for the hills.

The BAGHOLDERS like you will never see the light until its too late.
Thats why your called mug punters.

[suneday] 16/11/2016 19:02

I'll do mine as well. What fun!

"It's a mystery. Who's selling? And why? Who's buying? And why?"

[leedsu36] 16/11/2016 17:58

Post 3706 certainly had me in stitches.

[suneday] 16/11/2016 17:09

It's a mystery. Who's selling? And why? Who's buying? And why?

[chimers] 16/11/2016 16:33

You know with all this non stop selling over and over every day, day in day out you get to thinking someone doesnt want to own these shares !!
I wonder ............WHO ?
One thing is for sure and thats when it becomes known, it will be to late for punters.

[chimers] 16/11/2016 15:35

I'm reliably told that "THIS YEAR IS THE YEAR BRING ON 2016" has been cancelled due to great incompetence and abject failure and its NEXT year thats the "year" supposedly.

[chimers] 16/11/2016 15:34

Kinda makes you think they would be better off if they never released any news rlmfao.

[chimers] 16/11/2016 15:17

Here we go.............

Quick get the hard hats!!..................

TIMBERRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

[chimers] 16/11/2016 15:04

Keep running ya munters the second you stop the bailiffs will be on yar ass.

WONT PAY WE TAKE IT AWAY.

[chimers] 16/11/2016 14:14

This new spray will help you last longer in the bedroom – and it works in just 5 minutes................

Hmmm I wonder if it would work in the boardroom!!

Worth a try new smiffy ?

[chimers] 16/11/2016 14:12

Theres a pattern emerging here ...............RLMFAO!!

[chimers] 16/11/2016 13:29

Thats a SELL signal on its own ;)