Clyde Process Solutions Share Discussion Threads

[stegrego] 03/12/2007 23:33

This looks like an interesting company.

Bit worried about the fact they will have to issue £9 million quids worth of shares come mid 2008 though - will seriously dilute the eps.

Any comments?

[walker10] 18/6/2007 10:46

Thanks Drain for that background,the fact that there seemed to be a scramble to acquire MAC from the hands of private E, and as McColl has stated MAC's filtration business was a key attraction.

Iam not supprised, if factories around the world start using these filters,as they will more and more it might save us from being knee deep in rain water!!!

I will be interested in his intentions for Weir pumps.

We will have to watch this space.

[drain] 16/6/2007 16:31

Walker,
I too have been looking at Clyde Blowers website and it is very informative, and I particularly like the fact that it is up-to-date and clear.There is the potential to bring all 4 "Divisions" together as one Holding Company because the geographical spread and operational and business synergies are paramount.

However, there may be control reasons for maintaining the 4 entities.It looks like a Jim McColl run group but in fact consists of 2 AIM-listed companies within the Clyde Blowers umbrella, namely CPSP and Interbulk Investments.I think Jim McColl owns 8.3% of INB and a shunk of CPSP, but not sure about the other two.Neither CPSP nor INB ,share price wise, have done well but ever since I stumbled across Clyde Blowers and the track record of the Team am convinced of the potential.They may be suffering from the "Stephen Dean company" reputation and the less than transparent look of the management structure( some shared directors and personnel between the 4 companies).

Plenty of potential and upside.

[walker10] 15/6/2007 11:11

Taken from The Herald dated 06.06.07:

"McColl, executive chairman, said Kansas-based MAC Equipment, acquired for £43m, would be a significant contributor to the company's growth. "We believe there are opportunities to strengthen the global footprint of the group by introducing MAC and Clyde Materials Hand-ling solutions to each other's territories, customers and markets."

He added: "MAC is three- and-a-bit times the size of Clyde Materials Handling so it is a transformational acquisition but we can see from results that even the underlying Clyde Materials Handling business has grown strongly and will continue to grow."

He said MAC's filtration business was a key attraction. "This is not just about cleaning up Co2, it is all the stuff that gets pumped into the atmosphere. There is much more focus on that now for our customers."

[walker10] 14/6/2007 23:59

This is a story that is beginning to intrigue me, so I have acquired a small stake today, my oh my Mr McColl has been busy with the acquistion of Weir pumps which he has incorporated into a new company Clyde Pumps ltd. And the acquisition of MAC for CPSP.

However the spending spree has been planned for some time as the Clyde Bowers web site states:

Presently Clyde Blowers has three Portfolio Companies using its scalable
business model, however, the future plan is for expansion into four or five new areas by 2008.
Possible target industries include the following:
· Power (including renewable energy)
· Oil and Gas
· Water treatment
· Pollution control
· Waste treatment
· Industrial processes in Metals & Mining
· Intermodal Transport & Logistics

Well with Weir its now 4.

And we CPSP being the only listed one,could it be his future intention to use CPSP to inject other group companies ie Clyde Pumps etc.

Your thoughts,or am I well wide of the mark !!!

[drain] 13/6/2007 13:05

I saw that Investors Chronicle were tippimg CPSP as a BUY in last week's edition.Forecast P/E of 13 , on the basis of pre-tax profits of £5m and eps of 10.2p.It says that the acquisition of MAC Equipment has given the ompany diversification--previously largely pneumatic systems in mining ( now down to one-third) , with foodstuffs and chemicals added.

No one seems to mention the superior track record of the Chairman and large shareholder Jim McColl, which was the main reason for my original purchase.

Suppose I will have to remain patient and wait for the results to come through.

[ygor705] 11/6/2007 18:37

Quite a good set of "post acquisition" maiden numbers. The share price has been very strong lately which also suggests that matters are moving along quite nicely.

[ygor705] 19/4/2007 13:39

Came across this today. Atorka are an Icelandic investment company:-

Atorka acquires about 30% stake in CPS
23.03.2007
Atorka has acquired a 29.81% holding in Clyde Process Solutions plc (CPS) in connection with the issue of new CPS shares. CPS is listend on the AIM market in London. The total price of the purchase is GBP 9 million. Prior to the acquisition, Atorka owned GBP 1 million in the company, or approximately 9.7% of share capital. The purchase price will be paid in cash. After the increase in share capital, CPS will purchase all shares in the American company MAC Equipment Inc.

CPS is a world leader in the production of highly developed pneumatic conveying systems for production processes as well related solutions for filtration and polution reduction. The company has operations in all the continents. These systems reduces costs and polution and enhance efficiency in production processes. It is used in a number of sectors, including the production of gypsum, cement, and steel, as well as the food and chemical industry. Among CPS' customers are General Electric, Exxon Mobil, Kraft, Wrigley's and Nestlé. The combined company has a turnover of approximately ISK 7 billion.

Atorka is the company's largest shareholder, with a stake of almost 30% today. Following the acquisition, Atorka has the right to appoint one member to the company's Board of Directors.

Magnús Jónsson, CEO of Atorka:
"This investment is very compatible with our investment strategy. CPS and its subsidiaries operate in growth markets and are worldwide leaders in their field. We see a wealth of opportunity in the market in which CPS operates, and we intend to support the company's growth over the months and years to come."

For further information, contact Magnús Jónsson, CEO of Atorka (tel. [phone]).

[ygor705] 18/4/2007 13:28

Bought a few this morning following the big share consolidation. Understand that this is a good management team and trading volume has been quite good over the past few days.

[spud14] 14/2/2007 18:46

This company has this week relocated to a brand new prestigious office suite in the town of Doncaster and is recruiting. The management team are really fired up about the future. Don't be suprised if this one goes places over the next couple of years.

[drain] 13/2/2007 12:04

This thread seems to have been totally neglected and warrants some consideration following to-day's announcement about the proposed acquisition of MAC Equipment.The market cap of CPSP was £10.91m immediately prior to the shares being suspended while the acquisition is worth USD 84.5m , hence significant expansion with the help of financing from the Bank of Scotland.

I am sure that this development is only possible because of the credibility and past track record of Jim McColl ( multi-millionaire Scottish entrepreneur).The past connection with Steven Dean seems to have been the negative hanging over the company since its flotation( see the title above!!).

I have been following this company for about 6 months now ( with a small shareholding) and have been expecting superior medium term performance as witnessed by the trading update last year which indicated that the shares were under-valued. Given the expansion and industrial development in the BRIC countries there must be great opportunities for material handling and the enlarged Clyde Process Solutions.

Can anyone add some extra knowledge and views on CPSP please?

Drain

[dananria] 17/8/2006 15:52

I have access to level 2 dod5 and can tell you that there are 3 market makers on this stock quoting various spreads between 1.75p and 3.25p. every one of them though is trading buy and sells in lots of 25,000 so think you should consider changing your broker.

[dananria] 17/8/2006 15:14

who is your broker???

normal market size on this stock is 25,000!!!!

[dod5] 17/8/2006 10:35

I Phoned my broker to sell 100,000 she has phoned, i can off load about 5,000. this is not good.

[tiredoldbroker] 11/8/2006 22:11

I think any negativity has centred on the origins of the quoted business as a Stephen Dean vehicle and SD's appalling track record where the interests of private investors are involved; the fact that CPSP doesn't seem to be out of the Dean orbit; the rather odd basis upon which PRH bought Clyde; and that certain "brokers" who have been promoting the stock also have a patchy (at best) record of client care.

If you happen to know that any of the arguments put forward on those points have been factually inaccurate, please post your understanding of events and the references to back your version up; until then, I don't think we're talking about anyone having egg on their face.

[spud14] 11/8/2006 21:11

The PRH/Clyde deal was sold to the Clyde workforce as a very positive move for the future of Clyde and even offered to block buy shares for any member of staff wishing to do so.
CMH has a sound record in the sector that they operate in with an international customer base and for the current financial year are in profit.
The negative threads seem to be at odds with what i know of this company.
It will be interesting to see has egg on the face.

[dod5] 01/8/2006 20:40

hi Davehunter, i am new to the internet, i have to go out for an hour, i sent you an email, you can phone me 24 hours,

[tiredoldbroker] 01/8/2006 19:39

If anyone wants to follow it, you can find it at

[davahunter] 01/8/2006 19:21

Dananria,

Apologies, point taken, i'm new to this. I've now set up a specific thread as JakNife suggested.

Dod5, we'll take our discussion there.

[dananria] 01/8/2006 17:00

guys I appreciate your positions and that you are angry but surely the place for square mile threads is not on here is it??? All this negative feeling is certainly going to discourage anyone from buying if they see all these comments, even if the never dealt or heard of square mile.