||EPS - Basic
||Market Cap (m)
|Software & Computer Services
|monty9: I don't hear that there is a fundamental problem with the company, indeed they seem to be progressing slightly ahead of plan. However the share price has been absolutely dismal since the cynical placing a while ago. How can it be that, in an era where so much effort is put into treating clients fairly, institutions can be given stock at a 30% discount, immediately sell it to the point where the market price reaches the placing level? Potentially
PI's who were not offered a chance to take place in the deeply discounted placing have effectively had 30% of their investment confiscated! The situation is now worsening further. While I don't know why the price has dropped a further 11% today, in the absence of other information I suspect frustrated PI's are selling into a market that is now highly illiquid.
I could write pages on this principal but suffice to say the obviously stacked cards mean that I will not invest in any future such capital intensive opportunities that are not producing cash because I will simply get financially raped. I guess other PI's will develop the same aversion. Shame really because this if the fundamental dynamic in a capitalist system. I am prepared to take commercial risk but will not stand at a huge disadvantage to other holders of the same class of share. Shame on you Mr Mesch.
In the meantime I shall probably be forced hold until the business plan has reached its targeted profitability (or failed to do so). The next time I won't be there but in profitable companies.|
|pentangle: Nice to see CFHL already adding to their TCV by exploiting their expanded network even before the deal with KCOM has completed (how many acronyms can you get in one sentence!). Its amazing that although they have expanded their network by a factor of 11 since flotation two years ago the share price is still languishing below the 60p flotation price. I don't think this will last.|
|rambutan2: At last got the share price heading up as multi million contract big enough to catch some attention.
CGI announced news, minus specific names, on 24 August, so explains pre rns rise i suppose...
|oregano: they are certainly pumping up the newsflow though, that is four announcements in a month.
clearly concerned about the share price. I guess we are due a formal trading update shortly.|
|cisk: oregano - why not one for the PIs? Think this is a smashing little company - just needs to be accumulated steadily and forgotten about for about 3 years.
The fact that it's under most investors' radar and has a very quiet BB is a huge plus in my book.
The shareprice performance has not been great so far, but until it gains a critical mass I'm not expecting much share price action...|
|edwardt: wakey wakey-- share price coming out of its slumber. need to understand more detail on this ee deal.|
|rajaster: share price has held reasonably for short term. I see the venture capital firm Better Capital are involved here and they tend not to mess around and generally take a long term involvement with any org they invest in. Of course what isn't transparent at this stage is any debt which may be held and owed to better capital.
I do expect CFHl to do well if they can add more citys to their books. 2015 will be an interesting year to start seeing results.|
Cityfibre share price data is direct from the London Stock Exchange