Csf Group Share Discussion Threads

[j777j] 18/10/2013 08:17

Add in the Cenkos M&A valuation(i.e. the price they think the co would fetch in bid situation based on current values for similar companies) last year of 60p and you get the picture.

Even if they are only half right,that is still 30p.

[dewtrader] 18/10/2013 08:12

J777J 19 Sep'13 - 09:54 - 1110 of 1143 0 0

It is just a matter of time before they are replaced.We live in a data hungry world.

The appointment of a new Ceo will be a further boost.


"The Board and the management aim to achieve controlled and sustainable growth in revenue, EBITDA, earnings per share and operating cash flows. A key part of this will be the generation of greater levels of recurring revenue through a network of resellers and business partnerships which in turn will provide the Group with greater earnings visibility."

Rental and maintenance revenue increased 35.3% at RM111.5m (GBP23.7m*) (FY2012: RM82.4m (GBP17.5m*))

Outlook

Within 2 years, the Group has more than doubled its data centre capacity from 205,000 sq ft to 526,000 sq ft and with a significant amount of cash associated with the development of CX5 expected to flow into the Group within the next 2 years

The Group's immediate focus is to fill the CX5 data centre and to address the non-renewal of certain tenancy contracts at our CX2 data centre by securing replacement contracts with suitable and credible customers.



Meanwhile, the management continues to pursue the Group's pipeline of design and fit-out customers in order to generate adequate cash flows to supplement the temporary deficit in operating cash flows of the data centre rental segment. The Board will continue to ensure that new developments are undertaken based on thorough commercial assessment and with a high degree of financial prudence



£13.2 million cash and a further £16.6 million cash due within 18 months

£29.8 million v mkt cap of £14 million.

A recurring revenue business growing at over 35% yoy.


I still think this has a substantial chance of being taken over.


The company IPO several years back was at 55p, when their turnover was just £13 million.




Very good summary imho

[battlebus2] 18/10/2013 08:11

I sincerely hope your correct Serge Gnabry.

[serge gnabry] 18/10/2013 08:09

battlebus2 that suffering is in the price, things look different from down here now.
problems slowly getting resolved and the data sector in Asia is on fire lots of upside there as companies change the way data storage is done there.
i remember buying telecty at 50p level when it was bombed out and now look at it.

[battlebus2] 18/10/2013 07:39

Don't know what's brought this back to life? I'm a long suffering holder here and had written these off. Just a word or two of warning to the brave, "be careful"!

[bene449] 18/10/2013 07:20

PRE-OPEN REPORT: The headline index is tipped to open comfortably higher this morning, according to financial websites, with investors buoyed by a return to normal in the US and news of strong growth in China.

[w1ndjammer] 17/10/2013 19:11

wow looks like this one came back to life, I was buying in September no one was interested then. whats changed?

WJ.

[philjeans] 17/10/2013 18:21

Classic risk/reward play here but it certainly looks oversold and due a bounce.

I've picked up 80k over the past two days and will keep buying up to 20p.

Cash on the balance sheet and big tax losses might be attractive to a bidder.

DYOR

[sportbilly1976] 17/10/2013 17:49

cestnous,

it's written in broker format

[knowing] 17/10/2013 17:22

Closed at a high so a positive note there.

[serge gnabry] 17/10/2013 17:17

some chunky buys gone through today, hopefully some news due out soon.

[cestnous] 17/10/2013 16:33

....then why not just put K?

[knowing] 17/10/2013 16:28

Cheap enough for one.

[it_trader] 17/10/2013 16:28

Oh right, ta.

[dewtrader] 17/10/2013 16:27

Maybe a bid here soon enough

[it_trader] 17/10/2013 16:23

What does the '/-' represent in '250/-'?

[knowing] 17/10/2013 15:30

Expect the picklers will fill it.

[day7rader] 17/10/2013 15:29

Yeah , somebody's happy buying 250/- at 9p...big size!

[zed2002] 17/10/2013 15:28

Day7rader,

Is that a good thing?

[day7rader] 17/10/2013 15:26

CSFG!!!!!

Someones just put 250/- @ 9p on the order book.

[knowing] 17/10/2013 15:16

Based on the Group's unrestricted cash and bank balances at the financial year end of RM61.9m (GBP13.2m*) and restricted cash of RM13.1m (GBP2.8m*), net current assets balance of RM99.0m (GBP21.1m*) and financial projections, including cash flows, for a period up to 30 September 2014, the Group has adequate resources to continue in operational existence for the foreseeable future.

[serge gnabry] 17/10/2013 15:15

buyers coming in but its still under the radar, picked up a few more will wait for breakout above 14p then will add some more.
very cheap glad to have got in so cheap.

[j777j] 17/10/2013 15:12

The last director buys were at 44.75p last year.

24 July 2012

CSF Group plc ("CSF" or "the Company")

Director's Dealings

The Company today received notification that on 24 July 2012 Richard King, a non-executive director of the Company, purchased 55,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at a purchase price of 44.75 pence per Ordinary Share

[dylanl2] 17/10/2013 13:39

Back in again after selling a while back, hopefully a good bet...