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CUC Centurion Ele

1.24
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Centurion Ele CUC London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 1.24 01:00:00
Open Price Low Price High Price Close Price Previous Close
1.24 1.24
more quote information »

Centurion Ele CUC Dividends History

No dividends issued between 25 Apr 2014 and 25 Apr 2024

Top Dividend Posts

Top Posts
Posted at 16/1/2008 10:15 by 25cent
LOL encarter that was a quick u-turn from boom to bust in 12 hours ;-)
The penny comes as predicted as the MM dont want to be left holding worthless cuc shares.
I would love to see what they would pay for a order over nms of 5000 shares, i reckon 0.000000001 or something like that.
Posted at 15/1/2008 18:24 by 25cent
Well again i don't take any satisfaction in seeing everything i said come true on this.
The broker walking away is imho a clear sign that something is very wrong, as if we did not know that already.
Anyway the fat lady is almost finished her song at cuc.
But as scrip says its hardly a surprise is it?

Without being rude to JMFinn Capital who i respect, they do have the image as last option kind of a broker. I in all honesty can not imagine what broker what so ever will touch them if JMfinn wont, and that is not a dig its just a simple realistic point.
The price will be less than a penny to sell come 19th January,RIP Mr Cunningham RIP cuc.
Go and play on the fast lane of the M1 Rhodes you snake in oil.
This now needs a modern day miracle to even last 5 more days as a listed company.
It really is time that the FSA start prosecuting people issuing good news RNS when all along the real situation is dire.
Posted at 15/1/2008 14:17 by scripophilist
Incredible that people can still be bullish on CUC given there history, even more incredible that they come out and say they can't raise capital and they are thinking of delisting and there are still bulls. No wonder private investors do there nuts so easily.
Posted at 12/12/2007 23:58 by 25cent
Hi Alex, your spot on,I think its time to call it a day as a company when you have to go cap in hand to true blue Pig farmers who this Labour government strangely enough gave massive compensation cheques too.

Call me old fashioned but why will no bank go within a county mile of cuc or did everyone forget they don't have a corporate bank anymore?

I'm just waiting for the next Rhodes all singing and dancing RNS about some contract or other for an old Audi model in or Chechnya or kazeckstan.

Avoid at all costs if you have even 1% of common sense.


I can almost see those thousands and thousands of young piglets laughing out Loud at troubled Robert caught by his pretty white neck by cuc.
And long may it last! what goes around comes around and lets face it a lot more misery is overdue.... oink oink.
Posted at 12/12/2007 11:17 by 25cent
Well the strike price on the conv will be no more than 1p imho.
I reckon that CUC need 600-700k to tide them over, so that gives them at least 66% of cuc on any conversation at today's market cap of 300K.
If they convert in the future not even counting the existing 29% holding they have that would be watered down to 13% making a new total of almost 80% after conversation.
When you say the loan note will only be converted if its at a discount to the share price , well its going to be hard not to be at 1p even by Cucs poor standards.
If you feel you must buy then go ahead but it could be the quickest 50% you ever lost on a share trade.
The PI's are getting totally wiped out for the 2nd time in 3 years by this imho.
Posted at 10/12/2007 22:21 by 25cent
look who's back, back again, back again.
Lol
Hi clueless i really think we should start over i have missed you, no hard feelings
cent ;-)

Still Waiting YEP YOUR RIGHT BUT ITS A BIT RUM TO DO IT TWICE IN 3 YEARS LOL.

Well like i said yonks back word was that they were ready to buy it from they administrator, looks like they may get it even cheaper than that by robbing the shareholders again.
I wonder how Rhodes sleeps at night? disgraceful ! I'm just waiting for the cancellation of his latest share options AGAIN and then re-issue at probably 1/2p.
Give him a ring and ask him how he can explain all the good news RNS whilst he must have secretly know the company had no funds to continue into 2008 when the Toyato business fell flat on its face? ask him why the company waited until a few months back to issue the funding concerns?
Top class bloke is our Mr. Rhodes, he has absolutely no shame whatsoever, just blame everyone else.
Still how many share has he bought in the open market i wonder like the shareholders that are going to get fleeced again?
Ask him go on ask him and at the sametime ask him just were he thinks the buck stops at CUC with regards the 99.9% destruction of shareholder value!

cent ;-)
Posted at 03/10/2007 12:36 by 25cent
I think its game over cgod, what a nasty horrid way this all turned out after Mr. Cunningham's death, very sad indeed.
How can Rhodes even show his face at Cuc is beyond me,he sacks the team that made money and brought nothing to CUC but moving mirrors and smoke screens.
He is the king of the jam tomorrow style of management, just no substance whatsoever,if someone else was in charge back a few years then I'm sure HSBS would not have pulled the plug, but there you go, that's my opinion.
Posted at 29/8/2007 19:30 by 25cent
Ok so you can not be bothered to answer the cash burn question or admit trying to get people to buy this stock right?
However I notice you can be bothered to spend hours on this thread propagating hyperspace with basically CUC's official line of what is happening at the company even though only weeks after you started posting such rubbish it was unraveling .

Neither it seems can you be bothered to respond to all the facts that I put forward in my Audi post.
Erm,one question, how come you can be bothered to follow up my posts with meaningless childish claptrap? surely it would have been easier for you just post £XXXXXX per month would it not?

The CUC that you talked about only a few months ago or as you say "Trying to help investors find the bottom" is a complete farcical nonentity and remains no better than an even odds punt red or black at the local casino to survive untill November?

The very fact that you talked about CUC in such a way that attempted to demonstrate that it was much misunderstood recover play is completely devoid of any knowledge or common sense, indeed its based on the one fact, that being you think you know best.

Again without being rude its turned out that you don't do you? otherwise you would have inserted before all of your CUC\ Rhodes propaganda posts the comment "this is going to run out of funds by October but..... blah blah Audi blah blah blah China blah blah blah "
Posted at 03/5/2007 17:54 by 2clueless
I'll try to answer what I can, but obviously all IMHO and DYOR.

- Will RSE become the norm? Unknown. Some look at the radio/tape/CD model and say it is likely to become standard in family cars, others look at the Sat-Nav model and see removable systems that can go from car-to-car. There are problems for RSE using both models: Removable DVD systems (as can be bought from Argos etc.) are generally quite cheap portable systems with a cigar charger and a series of velcro straps to "mount" it into the car. There is no testing carried out to ensure suitablility in vehicles, crash worthiness etc, so car manufacturers will not want to touch these and the RTM will be through retail in relatively low volumes, competing against many cheap and cheerful imports from China. Installed systems are obviously dedicated to the car and will cost more as an option than a retail version, however all testing, compliance etc. can be carried out, and Car manufacturers can buy large, regular, sustainable quantities, allowing a leaner supply chain. The problem is of obsolescence - this technology moves fast and already RSE systems from, say 2 years ago, may not be able to play DivX encoded movies, and HDDVD and Blu Ray are on their way (of arguable advantage on a 7" screen), but if the software (DVD) is HD, the player needs to cope. Also, it's a high cost for something that can only be used in the car - this is why I see the Honda RNS as very good - it indicates a product that can be dedicated to the vehicle, and so be safe and reliable, but can also be used outside the vehicle.

- Armour group also operate in this area with their VEBA brand (Video Entertainment By Autoleads). They are simply another competitor, along with many others including CE companies like Sony, Panasonic; Automotive suppliers like Delphi, Visteon; and some from the Public Transport / aero industry.

- Are the overheads too great for the revenue / profit? That's the $1000000 question.

- Shares are limited. Ravensworth is a shareholding not a person, as pointed out by 25C. The Devon Farmers are the biggest individuals and have been for a long time (in fact, an RNS about their holding today) and you're right - a few individuals own the bulk of the available holding.

- I don't believe that Armour will buy CUC - they've already bought Autoleads / VEBA and have access to the same suppliers as CUC - the difference is in the people (CUC's engineering & product dev departmnents are very strong) and it never makes sense to buy a (loss making) company just for its people.

- BTW, some of the Directors that were ousted from CUC are now working for VEBA/Armour. (These are the people who apparently bought all the dead stock that needed the £3M write-down)
Posted at 26/4/2007 12:44 by 2clueless
Wasn't meant to be agressive - apolgies!
You would have been ripped apart on the DVS thread.

This sector has had a bad rap - true - mainly due to some companies like DVS and some previous CUC directors carving it up in the aftermarket, realising that they're in a niche sector and that for mass market appeal they need to supply to OEMs, floating to raise money and then not knowing what to do. I think CUC are best placed to address the OEM market based on the OEM experience in their boardroom and Engineering / Product Realisation departments, but as RPACO says, will they run out of money first? The OEM sector is notoriously difficult to get into and the hoops to jump through are many.
Although they may have a long way to go before any decent profit can be made, I see the Honda announcement as a huge step in the right direction, and shows their confidence in CUC's ability and supply chain.

You are right, the products are not their own - neither are (were) DVS or Delphi or Visteon or Sony, for that matter. The production is "outsourced" to China and Korea. The panels and electronics are built into toolings and moulding designs that are owned by CUC, Sony etc., and then sold back to them by the factory. CUC's value-add is to take an industrial product (a raw TFT and a electronic circuit (motor unit), design a nice housing that fits perfectly into eg. a Honda. Make sure that this design (and the electronics) includes all EU requirements for Crash tests (very difficult and important when you're messing around with seats and head-restraints), electrical tests, climate tests, etc. etc. and that the whole system can be easily wired into a Honda (so source / produce / test an electrical wiring harness as well). Engineer the whole thing, basically and deliver it on time, in the right packaging, with all the right paperwork, oh, and offer about 3% cost reduction every year. Honda obviously believe CUC can do this, so it's a good RNS. (Before you say anything about DVS. Citroen UK are a UK marketing company - it is a different ball game to OEM deals - as I've continually stated on the DVS thread)

BTW, I'm not sure the Audiovox deal is still on, is it? That all happened before the refinancing fiasco last year so Audiovox may have pulled out (particularly with the withdrawal from retail).

DYOR etc.
2clu

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