Christie Share Discussion Threads

[edmundshaw] 04/4/2006 08:21

Hi Freddy; how did your short of Hornby go?

PE of 13 Freddy? On 10.7p earnings that puts the share price at 139p. Well it will be very shortly :-)

As CR says, it's where we're going.

Dog's dinner? That's one very lucky canine.

[liarspoker] 04/4/2006 08:20

Nice one CR ( and all other holders ) - well done. :o)

[cockneyrebel] 04/4/2006 08:20

verge of a breakout Frauddy - get your order price up or it will never get filled imo

CR

[cockneyrebel] 04/4/2006 08:07

breakout today perhaps Frauddy!

CR

[cockneyrebel] 04/4/2006 08:06

looks like yor buy order is driving it up Frauddy

CR

[cockneyrebel] 04/4/2006 07:49

So you have your buy order in then Frauddy lolol!

Why don't you just buy without trying to knock it? It's your big wallet I guess - you have to knock it to buy in volume.

Your sort of stock, lots of assets.

SVS and DTZ trades on a PE of 20. Most software co's are trading on forward PE's of 15 or so.

You are quoting the historic PE - you make money looking at where a company is going, not where it's been and done.

25% divi rise gives you a clue Frauddy

CR

[maksud] 04/4/2006 07:44

great results sofware division could be profitable this year so profits could look brilliant this year.this is to cheap.ill be adding.

[ydderf] 04/4/2006 07:39

but i doubt you will be buying more crooknet, why don't you say what you really believe (if you know?), instead of talking your book - p/e is 13 and its a dog's dinner, would be an alternative view........

[cockneyrebel] 04/4/2006 07:29

Excellent results

Pre tax and eps up nearly 20%, divi up 25%, forward PE 10?

Net assets around the market cap and nearly £7m cash and equivalent - 20% of the market cap.

Most software and property companies are trading on PE's way higher - CTG forward PE about 8 if you strip out the cash.

Well cheap imo

CR

[sheik yerbouti] 03/4/2006 13:39

Ticking up now, results could be any day now.

[cockneyrebel] 03/4/2006 11:06

20k buy, late reported just gone through

CR

[jakleeds] 27/3/2006 17:20

LONDON (AFX) - UK small caps closed in the red mirroring the weaker wider
market, with Capcon Holdings showing the losers how it is done following
repeated investor demands for details of its actual financial situation, dealers
said
At the close FTSE small cap index was 7 points adrift at 3607.5 points while
the FTSE 100 index was down 64.1 points at 5972.2-- reflecting the sentiment of
the wider indices.
Topping the fallers, Capcon, down 4-1/2 at 9-1/2, has been requested by 15
pct shareholder Christie Group to adjourn an EGM, where investors were voting on
a refinancing plan that the group needs to stay a float, in order to release
up-to-date financial information.
Reportedly, Christie has made repeated requests to Capcon's board for
up-to-date financial information, not including commercially sensitive
information, and it said today that this is the only way shareholders can vote
clearly on the options available to them.

[mistertibbs] 27/3/2006 11:36

CR.. Just as long as ctg don't bring any of cpc on board, not the main bodies anyway as they are a disaster. Don't think I needed to say that but there's always the danger to do something that will change their mind. Some tax losses would be a wee bonus for ctg to boot. And they really don't require to uplift the stake any further either, what a lovely spoiler!

[cockneyrebel] 26/3/2006 11:52

I wonder with CTG's holding they can get enough support to kick the board out?

CPC market cap is £1.4m and they look prepared to pay almost that for the audit business alone so there's potentially a lot of unrealised value in Capcon. Buy the whole company at the current price, dump the non audit stuff and still get it for less than the £1.3m touted if the rest of the stuff can be sold at better than a loss.


With CTG having 15% now tho they are definitely going to be a fly in the cream and ensure that if that goes to anyone on the cheap it will be to CTG or nobody imo.

CR

[mistertibbs] 26/3/2006 08:07

I'm an old capcon shareholder who sold out recently and hold ctg much longer, since 1999 and suggest the recent nonsense shown by those people at capcon demonstrate why I sold. They still think it's their own business to do as they wish and boy am I glad to see them get a bloody nose at last. Many capcon shareholders want to see them go, and go now

[edmundshaw] 25/3/2006 08:47

Too right. Cheeky or what! Suddenly there are other options and time to consider them...

Or would the directors seriously rather go bust rather than be taken over?? Illogical, as CTG would then pick up the audit/stocktaking businesses from the administrators.

I don't think I'll invest directly in CPC ever... >:-(

[cockneyrebel] 24/3/2006 18:11

CPC don't want to sell now.

Cheeky b'tards were out to get it on the cheap.

CR

[sheik yerbouti] 24/3/2006 16:53

133k T trade at 131.5

[sheik yerbouti] 24/3/2006 16:40

Are CPC waving the white flag?:

The Board has noted recent comments and actions by Christie Group plc, a direct
competitor to Capcon in a number of business areas. The Board has decided, in
light of these, not to propose Resolution 5 at the EGM, the resolution
authorising the Disposal.

The Directors reiterate their recommendation that shareholders vote in favour of
Resolutions 1, 2, and 4 to be proposed at the EGM to enable the constitution and
issue of the Convertible Loan Stock and the subscription for the Convertible
Loan Stock by the Directors and certain shareholders of the Company. The
Directors believe that the refinancing and hence the continued independence of
the Company's businesses is in the best interest of all shareholders.

However, should shareholders not pass Resolutions 1 to 4, which enable Capcon to
effect the refinancing, the Board will consider other options that they believe
to be in the best interests of all shareholders.

[sheik yerbouti] 24/3/2006 12:45

They are big upgrades.

[cockneyrebel] 24/3/2006 12:04

Well CTG not having anything factored in for REITS imo - this makes CT valuation look a mockery potentially:

LONDON (AFX) - Shares in Savills PLC and DTZ Holdings PLC saw good gains in late morning trade after both stocks were upgraded to 'buy' from 'hold' by Panmure Gordon on the back of hopes of a boost from the introduction of real estate investment trusts (REITS), dealers said.

The broker said it has raised its price target for Savills to 1,500 pence from 1,150 to reflect increased forecasts on the back of its expectation of strong long-term growth due to the transfer of property to REITS vehicles. Panmure Gordon added that for DTZ it has raised its price target to 750 pence from 500 after lifting forecasts on the back of its expectation of strong long-term growth due to the transfer of property to REITS vehicles and rising European profitability.

At 11.45 am, Savills shares were 10 pence higher at 1,300, whose of DTZ were 11 pence firmer at 654-1/2.

[e-mail]

[sheik yerbouti] 23/3/2006 16:15

It didn't occur to me to buy CPC this morning, I must have been half asleep. Still, they are only up 269%, hardly worth getting out of bed for. :0(

[cockneyrebel] 23/3/2006 12:41

Same here - looks like CTG's holding has risen in value by 200% overnight tho :-)

CR

[edmundshaw] 23/3/2006 12:35

anyone manage to get into CPC first thing? Up 130%... I was put off by the spread :-(

[cockneyrebel] 23/3/2006 12:28

Large trades showing - looks like a keen buyer has found someone to flog him some stock - nice to see keen buys ahead of results imo.

CR