Cradle Arc Share Discussion Threads

[timmbo] 21/5/2015 10:14

Well, they can't get them until the share price is TREBLE the current price. Good for my holding anyway.

[dieseltaylor] 21/5/2015 10:01

Join the share society! for one


Naughtiness exists. Currently I am at loggerheads with a charity that has given 4 executives of its 100% owned publishing/commercial arm an ltip worth £2.5m. The CEO's total package £0.3m.
The charity has an aging and dimishing population of shareholders who I suspect have no idea whatsoever what is going on in their charity

[fernandesb] 21/5/2015 09:30

The Board of Directors are a bunch of Greedy Parasites they do absolutely nothing to add value to the share price in most Companies, the people who add value to the share price are the workers who work very hard for their money.I am not familiar with this company's BOD but assume that they are no different than all the other Greedy Parasites around.I am a share holder with Cra and intend increasing my stake gradually,when the time is right I hope to attend future AGMs and speak to some of the Directors to find out their character.

[supernumerary] 21/5/2015 09:00

Pavey - of course it's dilution - once upon a time the company would have got 21-42p each for the shares, now it only gets 10p. How can that not be dilution? Unless of course you think they won't even reach the new strike price?

But as you say, nothing to get excited about - just what you'd expect from this greedy and incompetent pair of you-know-whats. Goes to show how useless they are - even when they set their own targets they can't hit them, and clearly don't expect they ever would have done.

They treat the company like their own personal possession, and have only proved yet again that without any meaningful corporate governance, they can get away with murder. I wonder if the Remuneration Committee got a nice little bonus for all their hard work in determining the appropriate rebased price? Wouldn't surprise me at all - one of the few things they've got right is hand-picking cronies to stuff the boardroom with.

How share options that can be rebased at will is supposed to act as an incentive defeats me. A pity the Rem Com didn't elucidate that while they were at it.

[pavey ark] 21/5/2015 08:34

Nothing of great concern here and as they are replacement options it doesn't cause any additional dilution (although the chance of the originals being converted was remote you would have to include them if trying to get a figure for total number of shares).
The 15p for 20 days is a nice touch.
These guys know the figures for the company and are obviously aware of the potential.
I certainly think that they fancy their chances with these options.

[timmbo] 21/5/2015 08:31

They had big plans for dgc/SGC now put on hold DUE TO CRASHED OIL MARKET. Sp subsequently declined, realistic target set with respect to new business strategy.

[joan of arc] 21/5/2015 08:16

And why do you think they awarded themselves the options at the higher price last time?!!!

[azalea] 21/5/2015 07:50

The change in options is very interesting as it suggests to me that the BoD are expecting to meet the related targets and thereby give themselves a handsome return.

[timmbo] 21/5/2015 07:50

Joan of Arc, not sure you understand the RNS.

[timmbo] 21/5/2015 07:48

For me they would need to be in the high 20's for safety.

[joan of arc] 21/5/2015 07:48

Replacement of share options - Typical of these underperformers. I don't know why they just don't replace them with the shares now and have done with it.

[timmbo] 21/5/2015 07:47

Above 15p fir 20 consecutive dealing days within the next 3 years. A good achievable target and insight to where the share price is going.

[brucie5] 20/5/2015 18:42

It's the Rolls Royce mojo. Works very well.

And pleased to see the share price holding over the 200ma.

[bullster] 20/5/2015 10:06

Pavey Ark,

The point that you make about the on-going service contracts, is a good one.

I recall reading, but can't find the article, now, that Ingersoll Rand make more money out of the follow-on service and repair contracts,on their compressors, than they make selling the equipment in the first place.

[pavey ark] 20/5/2015 09:01

A while back I read in IC about a company that had more in cash (quite a lot more)than its entire market cap.
Not only this but the company had addition and potentially very valuable assets over and above the cash.
Since reading the article the share price of this company has fallen showing that you can't even give money away on aim.
( I still haven't bought share in this company so I suppose I shouldn't criticise others)
Back to CRA.
The recent order for ACI brings the orders here to £17m in the past 6 months but headline orders are not the whole story as there are ongoing repair and maintenance contracts that will generate cash for years to come.
ACI has a 25% margin,a very large and growing order book and repair and maintenance contract which must secure substantial profits for years to come.
ACI is worth £30m of anyone's money yet if you strip out the cash the entire company is valued at c.£12m.
I know I'm banging on about this but in fairness to myself I've been banging on about the non compressor side of the business since last year.
Obviously Corac are being given no value for having a lump of cash but I suspect it helps with new business. I expect some of this cash to be spent but I don't suppose if the new business added a million or two to the profits the share price will rise much.

[paulgo] 19/5/2015 16:18

Let's hope you get a Brucie Bonus this time then eh!

[brucie5] 19/5/2015 15:10

Interesting reinvention of itself, and the chart has just become interesting for a turnaround. I've just bought in very small at 5.1, and will be interested to see if the level holds. Could be a spike. On the other hand, could be a base. I recall a previous speculative investment here turned out none too well when it was all about the gas pumping technology, much spoken about by Michael Walters.

[dieseltaylor] 19/5/2015 11:18

Pavey Ark - Think this is badly undervalued! Look at TRT down at a 1p through a major investor sale followed by the forced sale of another major holder in spreadbets [and bankruptcy I hear.]

Not as clearcut on income stream but with a host of major names signing deals ....GE, GM, BHP, Snap-on, Bosch ..
The stockmarket sucks!

Anyway the future of CRA. I doubt it will be a company in the next 2-5 years as it will be taken out. But hopefully not cheaply.

[pavey ark] 19/5/2015 11:09

Azalea,this year may have a number of exceptional reorganisation charges but the adjusted EBITDA should be good.
Still a work in progress (80% there ?)but the cash burn has stopped and the money is coming in.

I am sure that every investor thinks that the company he's invested in is undervalued and under appreciated but CRA is getting silly.
Edit: removed the rest as it reads a bit OTT and I'm sure that most here know it already.

[azalea] 19/5/2015 10:42

We should see Eps in positive territory in FY 2016.

[dieseltaylor] 19/5/2015 08:36

Rather like lead and dry-cleaning fluids the damage is down the road so poor schmucks get affected and the RN maybe will be paying disability in the future.

[ewads] 19/5/2015 08:16

Solid company now developing.
Must be worth 1p on share price within a couple of months