Chamberlin Share Discussion Threads

[coolen] 14/3/2014 21:12

This company was originally "Chamberlin & Hill plc".

Does anyone know if there is any family or shareholder connection to the highly succesful neighbouring firm of "Hill & Smith plc" ?

[redartbmud] 14/3/2014 07:47

The Chuckery foundry is sitting on prime housing land, if it can be decontaminated easily/cheaply.

Le Grande Fromage est tres tres tres tres tres bleu.

[coolen] 13/3/2014 20:08

I suggest they ask a few of its institutional holders whether they might put up some more cash. Perhaps a convertible pref ?

Won't help the share price, but this company is so accident-prone it needs every cushion it can find.

[envirovision] 12/3/2014 23:06

Dead around this neck of the woods anyone know what's going on?

[zoolook] 16/1/2014 10:03

Hi Steve, Count me in !

[stevemarkus] 10/1/2014 09:43

Hi Simon. I sold my Aurora straight after the tender and got a decent price for it, and then made the mistake of rebuying lower down, so am looking at a slight loss at the moment. NAV is about 41p though so still a significant discount, and I think it is only a matter of time hopefully until some more assets are sold. Fingers crossed! Still watching and waiting.

On another subject, crazycoops from TMF (@RanmoorRuffian on Twitter) and I were thinking of meeting up in Sheffield sometime to have a chat and a drink. Would you be interested? He was one of the people at the last one (in 2007!). Be quite nice to arrange something and see what people are up to.

Cheers,
Steve.

[zoolook] 09/1/2014 14:55

Hi Steve,

Yeah I was a too quick off the mark here. Didn't think the divi would be axed. Live and learn. I'm in for the long haul but its going to be a bumpy ride. Bunker mentality required methinks.

AURR been a disaster so far at least. You still in ?

[stevemarkus] 09/1/2014 11:31

I'm not sure, the problems looked fairly serious to me, and it could be a while before the company becomes profitable. I've been watching this since Simon pointed it out to me but it's not time for me to buy it yet. If ever.

Cheers,
Steve.

[envirovision] 08/1/2014 13:59

Thats what I mean, enough time has passed to sort out the problems so price could rise ahead of positive news.

[zoolook] 08/1/2014 13:13

Why's that then ? Buyers and sellers will be put off by the spread. Until positive news emerges about the progress of the turnaround there seems little to provoke a rise in the share price

[envirovision] 07/1/2014 15:53

This has got to start turning soon?

[redartbmud] 18/12/2013 14:11

Next stop the poor house.
Le Grande Fromage est tres tres bleu maintenant.

[bench2] 18/12/2013 12:48

Still trending down and no director buying . Castings seem to be eating them alive.

[zoolook] 27/11/2013 09:02

· Senior management team appointed in September 2013 - focused on rationalising cost and formulating a strategic growth plan

· Revenues down 14% to £19.5m (2012: £22.6m) - reflecting the difficult market conditions across foundry activities

· Underlying loss before tax of £639,000 (2012: profit of £914,000)
Statutory loss before tax of £1,162,000 (2012: profit of £786,000)

·Cash outflow from operations of £336,000 (2012: cash generation of £1,531,000)

·Net debt at 30 September 2013 of £2,336,000 (2012: £887,000)

·Diluted underlying loss per share of 6.8p (2012: earnings per share of 8.1p)
Statutory basic loss per share of 11.9p (2012: earnings per share of 7.6p)

· Interim dividend suspended until justified by trading performance of the Group (2012: 1.25p)

· Board expects H2 performance to show an improvement on H1



Was expecting a drop in the share price with the dividend suspension but all that has happened is that the sell price has decreased. The quoted spread is massive now (79p vs 87p)

[bench2] 26/11/2013 10:46

Mice having a field day not much cheese left for shareholders . I will watch and wait to see if the company can reduce it's cost base and get some profitable new orders . Some concerted director buying will give us the clue to get back on board .

[bench2] 12/11/2013 10:40

Red are you tempted to put a toe into this "stinking bishop " ... broad economic recovery may suit CMH ?

[redartbmud] 31/10/2013 08:13

The mice are in! Le grande Fromage is in danger.

[bench2] 16/10/2013 10:41

Yes he should have stayed well away from CMH and stuck to the stilton , port and cigars at Smiths Industries . There are few things worse for a foundry biz than a lack of orders . The chairman needs to get out more and drum up some new business from his old pals around the world , or are these plants badly run , overmanned and unable to compete on level terms with Castings et al !

[redartbmud] 16/10/2013 08:53

Le Grande Fromage est Bleu?

[bench2] 15/10/2013 13:17

Not what Le Grande Fromage was looking for , will he buy more stock below 100p ?

[zoolook] 15/10/2013 12:34

A sleepy board perhaps reflects the patience needed here.

If the price gets silly I'll average down.

[zoolook] 23/9/2013 16:07

Think this is a share for the patient. New Management will need time to turn things around and in short term may kitchen-sink bad news. Asset backing is good and I'm happy to bank dividends and wait..

[redartbmud] 23/9/2013 14:59

Is this thread officially dead?

red

[redartbmud] 09/9/2013 21:00

Director's shareholding



Chamberlin plc (CMH.L), the specialist castings and engineering group, was informed on 6 September 2013 that Mr David Roberts, the Company's Group Finance Director, has acquired 5,000 Chamberlin ordinary shares, representing 0.06 per cent. of the total voting rights of the Company. The shares were acquired on 6 September 2013 at a price of 110 pence per share.



Mr Roberts has no other interest in the share capital of Chamberlin.

New FD fast out of the blocks with his first purchase.