Cellcast Share Discussion Threads

[philjeans] 27/5/2016 08:32

The price can't stay at this price for long - a P/E 0f 2 for a perfectly sound, cash rich business with no debt and a growth strategy is ridiculous.

The market is simply correcting the anomaly.

Still bags of scope here though - a dirt cheap P/E 6 would suggest the price would be around 5/6p.

Adding.

[annonymous2] 27/5/2016 08:25

1.625-1.66p so yesterday zero stock today stock offered and being took at 1.66p

I guess Mr Lyon considering he might have paid 1.8p yesterday is mopping up this
stock at sub 1.7p

[tomboyb] 27/5/2016 08:24

punting small here -

Good luck -

[davydoo] 26/5/2016 21:45

Maybe lyonst can encourage cellcast to make a bid for taihua 😉

[annonymous2] 26/5/2016 19:56

Max buy at close was 10k online £170 but they were bidding over mid price for size but of course that is to be expected after that 250k at 1.8p.

I'm happy to give the mm's my stock back but at the right price which is way higher than this.

[philjeans] 26/5/2016 18:06

Several subsidiaries in there, hidden away, and could be worth big money in due course.


Meanwhile they make half a million pounds clean cash profits each year : and the whole business is valued at just over one million pounds.

Thus P/E 2

Bonkers.

[annonymous2] 26/5/2016 15:23

250k at 1.8p you squeezing the market lyonst ?

50k left at 1.7p online.

[nazrat] 26/5/2016 13:18

Well it seems like the tide has definitely turned here. The purchase of 49% holding in a Chinese gaming company for the price of a pint of beer caught my eye in the results. I cant see it being anything more that a brass plaque with the name on it but i can assume the intention to do a gaming business in China, I'd say that is worth the current £1m market cap.

[annonymous2] 26/5/2016 12:24

lyonst

That is some holding you have there. And we also both hold Taih...reach for the bottle :-))

[annonymous2] 26/5/2016 09:55

Looking strong online mm's want full offer 1.65p on a wide spread.

[philjeans] 26/5/2016 08:35

I can't see this lot selling for a penny, can you?

Major Shareholders

As at 12 April 2016, shareholders holding 3% or more than 3% of the share capital of Cellcast plc were:

Shares % of issued shares
Atlas Group of Companies Limited 13,323,135 17.19%
Gary Lyons 12,350,000 15.93%
SMS Media Limited (note 1) 12,180,062 15.71%
Harkness Trading Limited (note 2) 6,687,500 8.63%
Guy Thomas 4,413,412 5.69%
Banque Cantonale Vaudoise 2,960,000 3.82%
Heather Lyons 2,325,000 3.00%


Note 1: controlled by Harkness Trading Limited
Note 2: controlled by Andrew Wilson and Bertrand Folliet

[philjeans] 26/5/2016 07:27

I forgot to mention the £7M accumulated losses in the balance sheet - very valuable tax benefit for a bidder.

It really is a hidden gem!

[annonymous2] 25/5/2016 22:38

The African opp does not even need to be massive.

You have a market where stocks are being chased to the moon on hope and hype
but some others seem incredibly good value.

This is not a MOS because the cash does not seem to be dwindling. Sure the main
business is suffering but it's all in the price and if they can win new business
from a new direction to offset then this share has to recover sharply.

[philjeans] 25/5/2016 13:24

Takes time - results look dire because of the inflated profit last time from sale of one business. In reality, profits are virtually the same if you deduct that capital gain.

Treading water currently so not on the radar but the new African opportunity could be massive - and meanwhile it's priced to go bust on a P/E of 2!

Net cash £800k ; no debt ; profitable and could be an ideal reverse take-over shell for a gaming/ media/ software business.

Few shares in issue and most in firm hands.

POTENTIAL MULTI-BAGGER.

[annonymous2] 25/5/2016 12:19

Agree Phil as soon as I read those results I took 250k at 1.38p

Happy to hold and if it spikes of course I will take profits but will it get noticed so far not really.

[philjeans] 25/5/2016 12:10

A few beginning to catch on to the value here now - a cash rich shell; profitable and trading satisfactorily; opening up a new niche market in growing Africa; ripe for a RTO in the gaming/media sector.

Is there a cheaper stock anywhere on a P/E of 2 with no debt; a viable business with a growth strategy and with the M/C half covered with cash on the balance sheet!

I think not.

BUY. DYOR. NAI

[lyonst5] 25/5/2016 11:46

It will be interesting to see how the government enforces the age control on adult content that was in the Queen's speech last week. For Cellcast I could see it being a big positive.

[philjeans] 25/5/2016 08:52

Looks good value to me - cash almost equal to M/C; profitable and cash generative; P/E 2; new area in which to expand; under the radar at the mo.

Picked up a few.

[lyonst5] 25/5/2016 08:42

A good set of results in light of the difficult times they are facing with the UK adult side. The Afican betting should now be the earner as well as a few more irons they are getting into the fire in other areas.
The highlight I must say is the AGM location. They may not have the strongest balance sheet in the world but good lord at least they have good taste. I best get ironing my shirt.

hxxp://www.lescargot.co.uk/

[lyonst5] 28/9/2015 14:17

I must agree that the cash is a solid figure that proves the cost cutting and reduced bandwidth costs are making a big difference. Added to this now the launch of the gaming enterprise just around the corner as well. All bodes well for the future.

[nazrat] 28/9/2015 13:15

Ah the Stig..... so we should see the share price in double figures soon after your timely appearance here now.

[the stigologist] 28/9/2015 13:14

The Group's diversification initiatives, focused on the mobile gambling sector in emerging markets, continue. However, service launches planned for the third quarter have been delayed by technical and regulatory challenges and are being rescheduled for the last quarter of this year.

[the stigologist] 28/9/2015 13:13

Plenty of liabilities though

[nazrat] 28/9/2015 13:12

A very surprising set of results and not surprisingly no shares for sale.

[nazrat] 28/9/2015 13:07

"The cash balance at 30 June 2015 stood at £1,563,000 compared to a balance of £847,000 at 30 June 2014."

Good lord what an amount of cash.