Cupid Share Discussion Threads

[rolandormrod] 14/4/2014 13:30

If people selloff shares when I believe that the company has a great future I will buy more as I have done with SEE (which happens to be a tech share). I currently sit on a loss as I fully expect things to change long term.

Yes perhaps following the herd on CUP but in light of the results I didn't see the point in sticking around for a potential asset strip. There's a long and uncertain road ahead IMO as there's not much of a barrier to entry in this market and also extremely competitive so extra caution is needed. Looking at my first post I apologise for the poor choice of words as it clearly would be seen as a de-ramp.

[thomcooper] 14/4/2014 11:28

roland - thats clever...follow the herd. This might not be as dead as you all think. As I said earlier. Theres value in stripping this co. if the price falls further.

[lennonsalive] 14/4/2014 08:21

Tosca out with 11.2 million shares.

Writing is on the wall.

[rolandormrod] 14/4/2014 07:45

From watching a few boards and speaking with people who invest, some people place a fair amount of importance on institutional buying as an indicator of what they themselves should do. We will see over this week what happens i guess.

I'm continuing to watch this company and wait for evidence that a turnaround is truely on the cards. While I agree that there is extremely good value in terms of company assets there is no guarantee that 2 years down the line that the value may deteriorate.

[jonc] 14/4/2014 07:13

That is Tosca fund gone.

[rolandormrod] 14/4/2014 07:12

Glad i got out on results morning. This will plummet now surely

[thomcooper] 10/4/2014 22:57

This will almost go lower in the tech selloff, but there could be some value in it if it drops much below NAV due to the cash coming into the business. But...I think Techs over for a few years or so at least & so.

If it dropped by another 50-75%, which I think might happen in the coming year or so, there would be some value if you could amass a majority shareholding & wind it down into either something profitable (perhaps smaller) & do a bit of asset stripping on it.

Otherwise, its probably going to be a dog for years. If it burns through too much cash then it'll have a slow painful death.

I've not got anywhere near deep enough pockets to amass any form of power in the co, even at 10mil cap so won't be touching this with a barge pole. Will be interesting to watch though.

Nice to see the intangibles brought to a more sensible level. Still probably way overvalued part of the balance sheet mind.

[goldie40] 10/4/2014 15:17

see tosca fund won a award for being good at investing must know what they are up to by buying more stock in cupid

[goldie40] 10/4/2014 15:16

see tosca fund won a award for being good at investing must know what they are up to by buying more stock in cupid

[ochs] 10/4/2014 12:23

Sold out perhaps?

[lennonsalive] 09/4/2014 21:37

Where's J77777JJJJ ?

[wylecoyote] 09/4/2014 18:45

HH, I thought I told you to do one....you keep following me... Also, I never Bigged up CUP ib the same manner that you ramped SHFT....I see you took our advice on that.... What happened here is they were compelled by the market(II?) to sell parr of the business that was actually making money. Even I can recognise the story had changed for the worse...

[hedgehog 100] 09/4/2014 14:03

WyleCoyote,

I take it that you took my advice then, to be wary of Cupid?

Perhaps in future you will be a little more humble.

[wylecoyote] 09/4/2014 13:00

spottedlurcher, just because they look like buys it doesn't make it so.

[lennonsalive] 08/4/2014 21:24

Through 50p, Tosca dumping their stock perhaps?

[killieboy] 08/4/2014 19:00

spottedlurcher, "rock bottom" don't think so.......

[spottedlurcher] 08/4/2014 18:04

wow look at the buys today at these rock bottom prices!

[ochs] 08/4/2014 12:43

Just about to fall through 50p.... so what comes next?

[bubble pricker] 08/4/2014 04:40

This results debacle also goes to show that the so called "institutional investors" are just as hopeless when it comes to investing as retail mug punters such as J777J. Cheerleaders of a stock always celebrate when a fund or an institution buy shares, as if they somehow know better. But they don't. In fact, "instos" are worse at investing, because they are under pressure to deploy funds. What would clients of a "recovery fund" say if the fund manager was sitting on their cash saying "we haven't found any viable recovery plays yet"? So, the instos have to invest in whatever moves and somehow fits the investment theme of the fund in question.

So let's get this straight here: the institutional investors, including Toscafunds, have gotten CUP totally and utterly wrong. There is no growth, no profits, no turnaround and all the nice cash is getting burnt up on "marketing".

Whatever you do as an investor, do not put your money in mutual investment funds. They guarantee only one thing: underperformance. It has to be this way. Since the "fund managers" are no better at guessing than the average mug punter, funds will produce average returns minus the management fees.

[lennonsalive] 04/4/2014 18:56

If it breaks 50p, then I will add to my short.

[bubble pricker] 04/4/2014 06:08

J777J as usual keeps harping on about cash and receivables (naively valuing receivables as if they have already been received). As I have said many times before, this cash will all be burnt on marketing, advertising, executive pay and so on. What is left is a zero growth, loss making business.

[ochs] 04/4/2014 01:10

Simon C (Evil K) has stated that he closed his remaining short on Weds for a small profit - although he thinks this may be a mistake. Whilst he wouldn't buy the shares, he also doesn't see the business failing in the short term - if that were the case he would be more interested...

[lennonsalive] 03/4/2014 08:58

It doesnt matter what the CEO said, if the company is not delivering then there is a massive problem with there brand and place in the market.

The price again is starting to drop, how long before Tosca start unloading stock and as this company is not performing.