Claimar Care Share Discussion Threads

[mister md] 30/6/2009 08:31

"Since then, the Group has taken soundings from a number of trade parties and
potential private equity buyers, which indicate that there is an appetite to
purchase the whole Group. The review process has continued and the Board has to
date received a number of indicative conditional proposals to make an offer for
the entire issued share capital of the Company. This may or may not lead to such
an offer being made. The Board will inform shareholders of further progress when
appropriate."

"

[knowing] 29/6/2009 13:12

Soon be time for this one to make a move. Just need to see what happens with stocks like APG when they do release some good news.

[knowing] 25/6/2009 15:39

Nice that they drop the bid and not the offer.

[knowing] 18/6/2009 13:27

Are we now starting to form the other side of the cup? Could well be significant gains ahead if it does.

[knowing] 12/6/2009 13:33

But there it is.

[knowing] 12/6/2009 08:57

Light volume so far.

[knowing] 11/6/2009 21:50

Even better tonight

[knowing] 11/6/2009 16:12

Nice further move now.

[knowing] 11/6/2009 15:10

Here she goes. Don't blink.

[knowing] 11/6/2009 12:41

Show us some BLUE

[knowing] 10/6/2009 22:20

Looks all set up for a move tomorrow.

[knowing] 10/6/2009 15:12

Few more buys have come in strengthening the stock price further.

[knowing] 10/6/2009 14:07

Like it when the dips get bought.

[the big fella] 10/6/2009 08:56

GYAU - always possible, but broker guidance is for over 5p eps for this year. Nothing has been issued to the market stating results will be materially different, so I expect results to come in within 10% either to the positive or negative at the interims. Therefore worst case we are trading on PE under 3. Not long to wait but they have pretty much priced in disaster, so anything other should see a re rating northwards.

[gyau] 09/6/2009 22:10

sold. will look to buy back under 10p. still think anotherwarning possible

[the big fella] 09/6/2009 10:13

Looks like we may retrace before the next spike up. Results and update due within a few weeks. We will know more then whether these are indeed a bargain. I am happy to hold.

[gac100] 09/6/2009 08:06

Cheers Knowing

[knowing] 08/6/2009 21:42

gac excellent post on TMF

Thank you

[latifs100] 08/6/2009 16:37

is 16p tops?... nervous holder

[gac100] 08/6/2009 09:55

Cheers GYAU, I thought I might have missed something specific on if/what penalty RBS applied

[gyau] 08/6/2009 09:25

gac


Banking Facilities



The Group has banking facilities of £25.5m in place. These comprise an £11m term loan (used to part fund the acquisition of Complete), a £12m revolving credit facility (of which £2.095m is undrawn) to finance other acquisitions, and a £2.5m overdraft facility to fund working capital.
.....
We therefore held discussions with our bankers, RBS, who remain very supportive of the Group and its prospects, and renegotiated this covenant test for December 2008. .....


renegotiated covenant test = paying higher interest

[gac100] 07/6/2009 20:05

I've posted a pretty lengthy analysis of the co over on TMF - avoid if you've got a short attention span ;-)



GYAU where does the "higher rate of interest for breaching covenants" come from?