Clapham House Share Discussion Threads

[jazza] 08/4/2010 14:09

Actually, that JK looks to be into CMBS....not sure why he might interested in CPH...even though they do have property assets...

Probably someone else..

[jazza] 08/4/2010 14:03

You mean this guy Laugher?


"Late last year, Justin Kennedy, a top commercial real-estate securities trader at Deutsche Bank, left to explore starting his own investment fund with private-equity backing."

[laugher] 08/4/2010 12:49

Anyone know who Justin Kennedy is? Seems to be accumulating. I've googled the name and there seem to be a few options.

[markdrax] 25/3/2010 08:35

Good update

IC had these as a possible take over target in the issue from a couple of weeks ago.

I think that we have seen the last of the 50 - 60p range.

[value viper] 18/1/2010 19:52

Details of substantial Shareholders
Ordinary shares of 10p each %
Capricorn Ventures International Limited

9,302,280
24.93%
Wolvercote Investments Limited 3,093,350 8.29%
Henderson Global Investors Limited 1,898,000 5.09%
Kaupthing Bank Luxembourg S.A.

1,866,500
5.00%
Schroders plc 1,828,000 4.89%
AXA S.A. 1,781,666 4.77%
Fidelity International Limited 1,776,050 4.75%
Wellington Management Company, LLP

1,736,196
4.65%
British Airways Pensions Trustees Limited 1,263,400 3.39%
Newton Investment Management Limited 1,236,498 3.31%
MF Global UK Limited

1,143,350
3.06%
DM Page 1,119,158 3.00%
The above information has been notified to the Company up to 16 December 2009

[liveinhope] 18/1/2010 19:46

Can anyone furnish information of current holdings over 3% in company?

[value viper] 18/1/2010 15:33

hhmm. quite fancy these meself.

[equity maestro] 18/1/2010 09:29

Ex Pizza Express management; Tootsies binned. I'm hungry and I reckon Capricorn must be too ! Please do you own researching and no ramp intended.

[blue66] 14/11/2009 09:44

very recently rec as a buy from fat prophets,these boys know their stuff.Tempted to invest after doing my own research.A good recovery play and able to buy at the low end of the scale.....

[liveinhope] 27/10/2009 00:06

Guess like other operators in same sector (e.g. Prezzo) marking time is still the name of the game until the good times return and then location is the key, like both seem to have in majority of all but not all sites held.

[liveinhope] 15/10/2009 16:20

Amended since my post by RNS Number : 8471A (today).

[liveinhope] 15/10/2009 16:20

Amended since my post by RNS Number : 8471A (today).

[liveinhope] 15/10/2009 12:01

UKREG issued today seems to indicate further grants of options totalling 1,830,754 "awards".

" The Awards will be exercisable from 15 October 2012, but only to the extent
that certain performance criteria are met: (i) the Company's total shareholder
return exceeds the return of the AIM Index over three year period following the
grant of Awards; and (ii) share price performance targets are achieved over the
three year period following the grant of Awards. The Threshold target for the
Awards has been set at GBP1.042, being the closing price prior to the date of
grant compounded by 15% per annum, while the Maximum target for the Awards has
been set at GBP1.338, being the closing price prior to the date of grant
compounded by 25% per annum. The closing price for the purposes of these
calculations was GBP0.685, being the closing mid-market price on 14 October
2008."

Time for Management to start delivering.............

[gbchak] 15/10/2009 08:43

you may wanna jump in bed with xps where u will find some PJ's

:-p

[jazza] 15/10/2009 08:33

sure am gb.

you still living in cloud-cuckoo land over at NASA launch control?

Just let me know when it clears the tower and I'll jump on board for the ride..

:-)

[gbchak] 14/10/2009 10:55

u still flippin burgers for GBK jazzy?

[jazza] 13/10/2009 12:11

Blackrabbit,

SCSW "knew" they were gonna get rid of Tootsies. After CPH wrote-off ALL the Tootsies goodwill, they were effectively "worthless" in the accounts..

The fact that they'll get some money from the sale of the 11 Tootsies already agreed (and perhaps a little more for the other 10) is good in so far as it will eat into the already reducing debt pile...although I think SCSW (and others) were hopeful for a sale of the whole Tootsies business for somewhat more than £2.5m...probably goes to show just how big a basket-case Tootsies was..

Good riddance as far as CPH are concerned although I hope they get a buyer for the other 10 Tootsies restaurants - 175 jobs at risk and although I want to profit from my CPH holding, It'd be heartless to feel good about another 175 on the dole...

[liveinhope] 13/10/2009 11:59

Share price still going northwards today. jazza - you are right. I am pleased about debt reduction.

[blackrabbit] 13/10/2009 10:27

The tootsie demise has certainly increased interest today. Perhaps SCSW had some idea that this might be the case, after all, they did buy a further 10k shares for their growth portefolio, thereby averaging down their original holding from 2007 . BR.

[liveinhope] 13/10/2009 10:17

jazza - Market today has taken news well. Could losses of the companies placed in Adminisration have a tax benefit for CPH over time?

[jazza] 12/10/2009 23:54

I'd say "thank god" rather than "ouch".

Tootsies was a poorly judged acquisition in bouyant times. I'd prefer it for CPH to have flogged Tootsies/Dexters as a going concern for £xxmillion but if they were not going to make a profit AND distract management attention from the more successful GBK/TRG brands, then they are better off without..

There's no goodwill writedown to worry about as they've already done that, all that will happen, in truth, is that the net debt of the company will reduce, group turnover will reduce, profitability might go up a bit and focus will shift 100% to growing their viable brands..

A positive move for me, although it could have been more so..

[investinggarden] 12/10/2009 17:36

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