Cozart Share Discussion Threads

[wengerb] 29/6/2007 17:45

The announcement yesterday of the next phase of Cozart's relationship with Philips was extremely welcome but should not have been a surprise to anyone with any interest in Cozart. Back in late January 2006, Cozart flagged up an 18-month life for the first phase of its joint development agreement with Philips and earlier this year reiterated its confidence in the programme moving on time into the second phase. The most unwelcome news would have been any fly in the Cozart/Philips ointment.

I'm a very firm believer in Cozart having a very successful future and I have a holding in Cozart that reflects my faith. However, I can't see any particularly strong impetus for a re-rating of the shares much above the current level for a pretty long time to come.

The forecast profits for Cozart this year are around the £1 million mark. If the current share price holds, come the 4th. July Cozart's market capitalisation will be around £47 million. That implies a pretty fancy p/e ratio.

Cozart has said that we can expect the launch of the Cozart-Philips drug testing product in 2009. It may be a while after that before sales reach significant volumes.

We may see good organic growth in Cozart over the next couple of years but the market gets easily bored with companies offering "jam tomorrow". Don't be disappointed if the share price stagnates for a good while.

[cr4zyness] 29/6/2007 08:37

47p new fair value

[cfb2] 29/6/2007 00:59

I confess that my charting skills aren't up to much, but this is the culmination of a chart done with someone who can't remember their advfn password but sends their regards to "biswell the turnip" and asks how his investment in BLR is doing and wants to know why he no longer tells us how stupid we are to invest in Cozart rather than BLR. I'll say no more on that subject.

Anyway, the leftmost green line was the gradual downwards trend which was broken some time ago. There is now an ascending blue line which is the supporting trend and looking very good it is too.

Looks like there is resistance at around 45p (the red line). If it bounces off the red line expect the blue line to offer support.

CFB

[cr4zyness] 28/6/2007 19:30

Welcome etarip,

I thought it would be welcome with the news and seemingly new interest in the company. After all today news should act as a springboard and new interest should follow. I think the company today is one completely different from the one 3 years ago, how do you view todays news?

[etarip] 28/6/2007 19:19

Why do we need a new thread?

[cr4zyness] 28/6/2007 18:24

I have started a new thread for those interested with current news etc

[cr4zyness] 28/6/2007 12:40

Welcome to a fresh board, all views & news welcome.

I will kick off with FT article

[cr4zyness] 28/6/2007 09:19

I do bought in this morning like what I read ;)

[etarip] 28/6/2007 09:05

Lets hope the market appreciates the full implication of this announcement.

[wengerb] 28/6/2007 07:18

jimmyloser. Exactly the words that I would have used, had you not reacted a few minutes more quickly than I.

[jimmyloser] 28/6/2007 07:11

Just the news that I have been waiting for

[broadwood] 13/6/2007 18:10

ed - thanks for the link. Splendid stuff.

[luckyjonah] 13/6/2007 08:36

Mail article quoted house broker Numis as saying shares now deserved to be re-rated to sector peer levels.

[etarip] 13/6/2007 08:24

FT Comment:

Cozart: no place to hide with mobile drug-testing kit

[cfb2] 12/6/2007 15:44

Lighter sentence for drug-help criminals

...
The Scottish Executive will pay for four staff members from private company Cozart to conduct the tests as part of a £196,000 funding package given to Lothian and Borders Police.

Chief Insp Plastow added: "The scheme has been operating in England and Wales since 2001 and has proved very successful. It's been estimated that every £1 spent has saved £9.50 on health issues and the cost of crime."

...

[etarip] 10/5/2007 17:28

Cozart was mentioned in an article on page 4 of the Times today in respect of airlines testing empolyees for drugs. It referred to Emirate Airlines and Virgin Airlines having contracts with Cozart.

[jimmyloser] 06/5/2007 10:45

Wenger,

I am with you and have no doubt about this being a winner, when it pops it will do so with a bang.

Another piece of excellent investing by MDY Healthcare and of course myself who followed them in here.


Good Luck