Clyde Process Solutions Share Discussion Threads

[anotherardbeg] 17/6/2009 13:16

I'm tempted to invest here, but the spread is killing me. Is it always this wide?

[cockneyrebel] 17/6/2009 13:12

Ok, here on my own then :-)

100K buy - that's big for CPSP.

CR

[cockneyrebel] 15/6/2009 08:13

Anyone else here? last mm on the offer, going up imo.

Reckon these could rock and roll on a breakout.

CR

[cockneyrebel] 11/6/2009 16:02

Creeping up on the bid again.

CR

[cockneyrebel] 10/6/2009 17:36

Moving up today on a couple of buys.

CR

[cockneyrebel] 02/6/2009 22:04

Held VEL before QS9 - I'll take another look, ta.

I missed this:



Clyde blows strong as order book bucks recession trend.

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I reckon a bit of stock might have shifted - large volume yesterday, matched off trades - one of the most exciting little stocks this one imo - if people read how they were doing prior to the recession the potential is clear imo.


CR

[qs9] 28/5/2009 10:28

CR, take a look at Velti, just researching it now, looks very interesting....

[cockneyrebel] 28/5/2009 10:15

Well done QS9. Alarge buy last night of 80K+ before the close looks a positive too imo - reckon there's others trying to buy volume here too.

CR

[qs9] 27/5/2009 14:59

Hi CR, just seen this RNS/share and I agree looks very interesting and have tucked a few away.

[cockneyrebel] 27/5/2009 13:13

Cracking performance and rising despite a few sells too.

The increased order book looks very encouraging imo.

CR

[cockneyrebel] 27/5/2009 10:44

Nearly bought back in yesterday ahead of results but didn't believe they could do 9p eps :-(

The order book is up nearly 30% on last year too.

Shame it's so illiquid and I could only get 10K this am without pay over the market - wish I had stumped up the extra now :-(

CR

[cwa1] 27/5/2009 08:17

Cracking set of results this morning and pretty upbeat directorspeak as well. You guys happy with your lot?

[cockneyrebel] 27/5/2009 08:14

Bought back in today. 9p+ eps - even if the cautious broker forecasts of 5.8p eps this year are correct that's still cheap imo.

However the order book is currently higher than last year so that bodes even better.

Bit of recovery and these could be doing way more than 9p eps imo.

Nice hold here out imo, shame you can't get volume.

CR

[rathkum] 01/5/2009 16:26

I tried to buy at 21p and all they could offer was 2,000 shares.Crazy when the quote was 20/21p

[garmingo] 01/5/2009 16:02

I just bought in 2 days ago and the spread although highly irritating has now been paid off in full, 17% in 2 days isn't a bad bit of luck. Wonder what the future holds but I am anticipating a return to greatness.

[tullynessle] 30/4/2009 11:48

3,259,312 sells and 140,049 buys as at 1147 today.

It will be interesting to identify the buyer?

[rathkum] 29/4/2009 12:16

It is the spread that puts me off from buying. Believe its cheap at this price on medium term basis.

[garmingo] 29/4/2009 11:19

is this a stayle stock or what!

[rathkum] 30/1/2009 14:59

This looks very tempting.

[egoi] 30/1/2009 13:58

Chart is looking ever more like a typical one I'd personally have associated with the late Stephen Dean.

The bit that really struck me from the recent t/s, apart from the worsening market conditions and delayed contracts was:
'At the end of December 2008 the Group had cash and cash equivalents of £3.5
million and debt of £25.3 million ($36.5 million)............'

Ouch!

[cockneyrebel] 14/1/2009 11:03

Has anyone seen how cheap these are?

They have just said they will meet expectations of around 9.5p eps.

Ok, they have made the numbers in an unconventioal way in the end but the orders have been postponed rather than cancelled - if they come into this year that's gonna be an extra £2m profit in the coming year.

For a co paying a divi and growing 100% these look mighty cheap imo.

CR

[egoi] 26/11/2008 08:30

Intangible assets of 49.5 million. Ouch; that rather skews the balance sheet imho!!

[pejaten] 26/11/2008 07:41

A very nice set of results today and more important, forward outlook not too bad either. Great!

[egoi] 21/7/2008 13:15

Jak my views on Dean companies are in tune with your own.

I've only come across this company very recently and with other names like Hoodless and Square Mile mentioned in the thread I am immediately discouraged.

Nevertheless I felt the recent results and acquisition read very well and the company appears to have strong defensive qualities. Is there any hope it might buck the trend do you think? I have no position and am very interested to hear your current take on things.

At 54p the p/e is about 7 fully diluted. Eps was marginally lower however the balance sheet looks solid. A 3.6 million contract was announced yesterday.

Results in June:

Significant opportunities in the US market arising following the integration
of MAC and CMH

Strong growth in key customer markets, including food, petrochemicals,
cement and steel.

Commenting on the results, Jim McColl, Chairman of Clyde Process Solutions plc,
said: "This has been a transformational year for the Group, resulting in strong
organic growth coupled with the acquisition of MAC Equipment in April 2007,
which has given the Group a strong presence in the US. The combination of MAC
Equipment and Clyde Materials Handling is already creating exciting new
opportunities for the Group.

Group revenue increased 256% to £61.6 million (2007: £17.3 million)

Operating profit up 174% to £5.2 million (2007: £1.9 million)

EBITDA increased 209% to £6.5 million (2007: £2.1 million)

Maiden dividend proposed of 1.05 pence per share (2007: nil)