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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Cbaysystems | CBAY | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 139.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 139.50 | 139.50 |
| Top Posts |
|---|
Posted at 01/9/2009 13:38 by 237gmoney Fair value is a long way off yet but I see your point, we cant get too greedy.Seems to be big trades going through all the time, which can only lead to me thinking a company, hedge fund is building a stake. Its certainly not small time investors..... 50k at 67p suggests this is heading past 70p very soon.... |
Posted at 25/8/2009 17:40 by nurdin I suspect US investors are arbitraging...sellin |
Posted at 09/8/2009 11:28 by nurdin The article makes the following end comment,which while very positive,is somewhat misguided:''Meanwhile, margins continue to gain traction and based on sales of US$400m for the year, broker Jeffries forecasts US$32.9m for eps of 11 cents (6.6p). Based on this the PE is 6 and is starting to look incredibly cheap for a BPO business of this type. We think they merit a buy at this juncture - even if they are not that well followed by investors.'' The Jeffries forecasts they refer to are from an old note dated November 08.Since then, Medquist have reported some sizzling Q1 and Q2 results which Jeffries have not commented on as yet. Based on the calculations I have made above,CBay will report minimum 11c eps just for the first half.I expect them to report atleast 22c for the full year. If they are 'incredibly cheap' on a PE of 6 then they are at a give away price on a PE of circa 3 |
Posted at 07/8/2009 14:55 by 237gmoney Nurdin, it was always going to happen. The value is still here for all to see. MEDQ is worth almost as much now as when CBAY bought it 2 years ago and yet CBAY is only worth a 1/2 of the value it was back then. Its like buying £1 coins for 50p at the moment so expect this to carry on going up as more people become aware of it. The dutch investor who picked up 7.5m a while back shares wasnt silly. |
Posted at 04/8/2009 20:19 by boadicea Another possible minus point - What are the chances of it delisting from AIM and re-arranging itself under the MEDQ umbrella? Could it be done? Would it save the company expense?From previous experience, it might not realise best (much?) value for UK investors. |
Posted at 29/7/2009 16:05 by nurdin Janivo Holding BV is an independent investment firm which invests in both public and private companies. The firm usually acts as co-investor and takes a minority stake. Janivo Holding BV is based in Zeist, the Netherlands. |
Posted at 13/5/2009 11:15 by nurdin Dont know if anyone is following CBAY but they look fundamentally mispriced at current levels imo.Here is why:-they own 69.5% of the Nasqaq listed Medquist -Medquist have been transformed by the new management installed there by Cbay -all the outstanding legal actions faced by Medquist have now been resolved and settled in and out of court. -the management did a 'kitchen sink' job on last years results which didnt look pretty -the transformation has been appreciated by the US investors and the Medquist share price has risen sharply on Nasdaq specially after they reported their 09 Q1 results: -medquist are currently capitalised at $165m(£110m) against Cbays market cap of just £51m -MedQ reported earnings of $6.8m for Q1.Annualised, that translates to $27.2m,ignoring any benefits of synergies between Cbay and MedQ which are on going. -so Cbay look to report earnings of $19m or £12.7m from the Medq ownership alone -with 155m shares in issue,that translates into eps of about 8p, just from MedQ operations alone -Cbay themselves are doing very well(so I understand) and could easily add another 4p minimum to earnings -that values Cbay on an earnings multiple of 2.9 !! Way too cheap if you ask me,specially given that they stand to benefit significantly from Obamas Healthecare reforms announced recently |
Posted at 04/8/2005 17:38 by mouseshare How about a story of investors being shafted on a daily basis on the AIM market?Anyone heard about City Equities buying worthless shares on a heavy discount and selling them on to their customers? |
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