Coffeeheaven Share Discussion Threads

[carwhite] 19/1/2010 16:46

I thought success was measured by the increasing profits.

[plus_ca_change] 19/1/2010 16:11

Interesting that no one in the media is looking beyond the deal between Costa and COH. It isn't a done deal, as the papers in December would have us believe, and there seems to be many reasons to keep COH as an independent operator. Excellent growth potential in the former eastern bloc and as market leaders they're likely to keep ahead of the Starbucks of the world; they certainly seem to have a loyal following.

[plus_ca_change] 19/1/2010 16:04

If the offer is rejected (and it looks like it is a big "if") what do you see as the scenario for COH? From my understanding they were growing succeesfully and nowhere near their projected number of cafes. COH is apparently the brand leader in most of its markets and looked like it could have continued successfully as an indi.

[mryesyes] 19/1/2010 13:25

Whitbread are offering the opps in COH countries to the existing COH directors and managers, with increased package and 5 year contracts.
With Whitbread Director on your CV in 5 years time, you can see why they want it.
It is really too late now. Starbucks and the others will just open up next to the most succesful CH outlets without paying out £36m.
It was always a daft arrangement (apart from raising further capital) for a plc in London with all those costs to be running ops in the poorest non euro European countries in an easy to replicate scenario
The others know better how to compete with Costa, COH was not known to them, but now they can assess the footfall around the Costa/COH outlets and move in on the squares.piazza where there is the footfall and COH is full

[carwhite] 19/1/2010 12:39

Just another con from the experts.

[plus_ca_change] 19/1/2010 09:34

At around £36m it seems Costa get coffeeheaven without spilling too much milk. Perhaps the shareholders will wake up and smell the coffee in time.

[mryesyes] 18/1/2010 22:36

Indeedy, but most small holders abstain (do not bother to vote) and most of this company's shares are in the hands of people with under 10,000 shares.
In these situations the board will have contacted all the bigger holders, so it would appear to be going unconditional.

[plus_ca_change] 18/1/2010 14:32

Interesting that there's been nothing in the press since the announcement of Costa Coffee's plans to buy coffeeheaven. Anybody would think it's a done deal, but there's the small issue as to what the shareholders might want to do, irrespective of what the board may or may not have recommended.

[coffee911] 15/1/2010 22:58

I'm certainly holding on until past the 29th.

[fl4nders] 15/1/2010 20:28

Thankyou coffee. Are you taking up the offer or holding on?

[coffee911] 15/1/2010 18:15

"What happens if we don't take up the 24p offer? Do we lose our total holding?"

This is my understanding.

If you don't take it up and Whitbread get a take-up of 70%, then they can delist. You still hold the shares which have a value, but it's not ideal. Once Costa get to 90% then they can do a compulsory purchase which means you have to sell. If the deal goes unconditional, you will still have two weeks to accept the offer. See page 29 of the offer doc which is on COH's website.

As I see it, there is zero incentive to accept the offer.... until it goes unconditional....unless you need the cash. There is a very small chance the offer will be withdrawn if they don't get enough take-up.

[carwhite] 15/1/2010 16:28

Why would'nt you if that all that is on the table?

[fl4nders] 15/1/2010 16:16

What happens if we dont take up the 24p offer? Do we lose our total holding?

[carwhite] 15/1/2010 10:00

correct. This share has had its fair share of the CRs most have slunk away now ashamed to post.

[carwhite] 14/1/2010 10:03

The principle being clearly proven that most who post here now absolutely nothing over thier own shaky investmenst. COH and the COH BBs on many financial sites being concrete proof of this.

I guess that why so many lose so much in small cpas as they believe the ramping stuff they read here.

[mryesyes] 13/1/2010 17:27

I do find on these boards, especially in previous years from 1999, that a dissenting voice is shouted down.
However even on the smallest of smallcaps the effect of ramping posts on one board on the share price is probably zero
For example I recall when the most respected director of KYS stood down to allow him to take bull positions on the stock, and ended up with these boards as his only mouthpiece and he was followed by a few dozen posters who hung on his every word, the price simply failed to respond, even under that situation.

[carwhite] 13/1/2010 15:39

STRANGE HOW THOSE WHO CALLED THIS ONE RIGHT...GOT SLAGGED OFF BY THOSE WHO OBVIOUSLY "KNEW BETTER"

titter titter titter!

[mryesyes] 13/1/2010 11:38

Got my "carwight" recommended offer from Costa.
Holding horses to see if offer becomes unconditional/no rival bidders
I also warned repeatedly over the years on here when the price went up past 40p, 60p that all this company was doing was using your money to sell coffee
at a loss in countries with worthless/devaluing currencies mostly
Then the losses started to moderate. I warned that the only reason Costa Coffee were not in these places was because it was unprofitable (proof:coffee shop chains are easy to replicate in any country)
However going forward I think 24p is a long term better deal for Costa than it is for us, but doubt a rival bid will come forward in time, but you never know for 100% sure

[cool runnings] 08/1/2010 07:50

I have been contacted, coffee911, not sure what you mean by the "all hat no cattle" comment?

[carwhite] 07/1/2010 15:45

Time to be patient its really a no lose situation for those in at the right level

[coffee911] 07/1/2010 15:25

I don't think they have got very far with their bid. They haven't yet started to contact brokers with large nomineee holdings, so my guess is that cool runnings is all hat and no cattle! The stock is very widely dispersed once you get past the 30% so they are going to struggle big time to get a commitment at this level.

[sebass] 07/1/2010 13:51

I have 430,000 shares. I am going to accept the offer as in the near term I don't see any improvement in the business. COH do not have the resources to expand. I think it's as good as it gets even thoe in long term it clearly has potential