Csf Group Share Discussion Threads

[dewtrader] 27/12/2013 07:22

The Group continued to experience challenging conditions during the half year and as a result, incurred a net loss of RM89.7m (£17.0m*)


lost 150% of its market cap

[diku] 14/12/2013 08:22

Up or Down?....

[123will] 13/12/2013 13:58

It is amazing how much this has moved on a tiny amount of volume... It is clear there is not much stock hanging about hopefully any news will see a massive movement in the share price.

[aishah] 12/12/2013 14:15

Finals were 7/8/13; so Interims are not due just yet.

[rocheberie] 12/12/2013 12:48

Half year results are very late this year, they were on 29th November last year.Hope that doesn't mean more bad news

[w1ndjammer] 06/12/2013 11:19

Chalk and cheese they have no cash and half built data centre

we have built the data centres now waiting for the cash to roll in.

WJ.

[stockologist] 06/12/2013 11:03

TEL in same business same geography cancelling listing ?

[w1ndjammer] 06/12/2013 10:55

Well dewtrader

we got Phil Cartmell as chairman and the last time I looked he was a Brit
we got Cenkos acting as nomad, Buchanan as financial consultants, and we are listed in London.

WJ.

[w1ndjammer] 06/12/2013 09:48

This is the last we heard 4 months ago, I think if the financial outlook had got any worse the company would have been bound to notify the market.

Current Trading and Outlook

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.

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. However, the lease rental commitments on CX5 are substantial and the Board recognizes the urgent need to reduce the burn rate of our cash reserve. The Board will ensure that there is no significant cash outlay other than sums required to cover the committed lease rentals and other necessary operating overheads, subject to any further capital or operating expenditure that be may included in the business plan that is being developed.

In line with this aim of preserving cash, the Board is not recommending the payment of a dividend.

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.


WJ.

[miss young] 05/12/2013 23:12

Like you eh Stock! Such a lack of balls you hide behind multiple user names!

[stockologist] 05/12/2013 22:38

Ooh you're so butch.

[salpara111] 05/12/2013 17:14

I tore the numbers apart on this one a few months back but decided not to get in as I don't think that the cash position is as good as some think it is and the underlying business is clearly not in good health.
I am watching as there is clearly potential if they do manage to turn this around but won't gamble on a stake until I see the next results.

[123will] 05/12/2013 12:47

This share is pretty quiet at the moment but I can imagine that there will be some activity soon with the interim results not too far off.We should be getting news on a new CEO as wellThere is so much negativity around that I cannot see it getting much lower especially as it is being underpinned by cash in bank and expected cash flows in the near future.If there is a turn around then we could easily see the share price multiplying many times even within a year.... Pretty good risk return payoff here... IMO Doyr

[dewtrader] 03/12/2013 15:19

no the cash is contingent

[knowing] 03/12/2013 15:17

Isn't the risk underpinned by the cash in the Bank at this valuation?

[it_trader] 02/12/2013 20:00

Depends on how you define risk.

[johnv] 02/12/2013 19:45

One of the riskiest shares I have ever own, no volume today, no director buying and no news........the calm before the storm. Either we loose our shirts or we will able to pay the mortgage off.

[w1ndjammer] 02/12/2013 09:13

a company of very few words, however we should get results soon.

WJ.

[knowing] 28/11/2013 11:48

3 v 1 on L2

[itchycrack] 21/11/2013 22:13

Half year results should be out by the end of this month if we follow the same timetable as last year.

[dewtrader] 20/11/2013 15:15

Is this going to hit the fan

[dewtrader] 13/11/2013 09:04

very interesting.