Corporate Services Share Discussion Threads

[knowing] 30/1/2008 08:25

Morning. Yes seems as though someone wants this one higher.

[vssnottm] 30/1/2008 08:18

Blue start.

1.53 v 1.6 +7.5%

[knowing] 29/1/2008 21:47

(1.88) Daniel Stewart has initiated Corporate Services Group as 'buy' with a 3.7 pence target, saying that while the market is concerned by high debt levels, it believes finances are tight but manageable, and sees a number of ways to repair the balance sheet, according to traders. In a note to clients, Daniel Stewart said a 2008 estimated PE ratio of 2.8 times reflects concerns over debt and the risk of a dilutive equity issue - which it expects the group to avoid. Furthermore, it says it does not expect Corporate Services to breach its banking covenant, estimating that this would only occur in the event of a 2008 recession. The broker said that it sees 90% upside to its sum-of-the-parts value, offering scope for share price and balance sheet repair through disposals or merger.

[knowing] 29/1/2008 21:43

Just under 24M if you add in PLUS trades too.

[dumbarton2] 29/1/2008 16:30

A few hundred thousand quid at the most!

[vssnottm] 29/1/2008 16:26

When the normal daily average is between 0 and 1.5mil then today is 10+ times the normal turnover !!

[dumbarton2] 29/1/2008 16:23

15 million shares is hardly a large amount of money!

WHETHER IT BE 1.2 P OR 1.6P. EVEN THE AVERAGE AINT GREAT.

[knowing] 29/1/2008 16:06

Could it be that the overhang has gone from the last reported seller?

[vssnottm] 29/1/2008 16:05

1.5 v 1.51 +25.8%

15,715,656 million shares traded today.

[vssnottm] 29/1/2008 15:35

I would imagine that there is some news somewhere out there for 14.57 million share to be traded so far today.

[knowing] 29/1/2008 15:28

One could speculate that news is in he offing.

[vssnottm] 29/1/2008 15:18

IG Index - no online bets only phone orders !!

What's that about ?

[knowing] 29/1/2008 15:18

Into Auction now

[vssnottm] 29/1/2008 15:15

13,728,156 traded. Up 24.2%

1.51 v 1.5

[vssnottm] 29/1/2008 15:11

12,715,656 traded. Up 21.7%

1.43 v 1.47

731k v 202k sells

[vssnottm] 29/1/2008 14:18

10,775,656 traded today. Up 20.8% on the day.

1.4 v 1.45 2 v 1

1mil trade just gone through.

[andrbea] 29/1/2008 13:49

mis-post, sorry

[vssnottm] 29/1/2008 13:44

Spread a bit wider now.

1.38 v 1.45 2 v 2

Buy 686k v 252k Sell

9,663,156 traded today.

[knowing] 29/1/2008 13:41

Up strongly on PLUS which has actually been holding it back.

[vssnottm] 29/1/2008 13:23

9,138,156 traded today.

L2 1.41 v 1.44 1 v 2

[andrbea] 29/1/2008 13:22

it's an interesting small cap too, as the spread is so tight
a 19% climber with a tight spread will attract many buyers methinks

[knowing] 29/1/2008 13:20

Why do you say that when the company has not announced anything?

[purav] 29/1/2008 13:18

they are officially a takeover target!