Chamberlin Share Discussion Threads

[sunshine today] 19/4/2024 13:15

Not for me it’s not, it’s got exactly the criteria to produce super returns.

£2M market cap

The market looks up and out, not in the rear view mirror.

[my retirement fund] 19/4/2024 13:08

Did you not read the update, I stated it was high-risk months ago! You can see the trajectory didn't change, it's too late now!

[sunshine today] 19/4/2024 12:38

Petrel sold , that company had low revenues in any event of £3.6M, these will now disappear from the total Chamberlin revenues

Target revenues of the group, previous to the sale, were £45M - £50M : Source:: last years placing RNS :

Deduct £5M of revenues for lost growth from Petrel = Min £40M of target revenues going forward

Market cap C £2M.

Also of note is the companies view that it will not take a huge amount of new investment in the foundries to hit those revenues.( they have cash that will be allocated for this , from the sale of Petrel) Source : Sale RNS use of funds.


Net margins of 10% would produce a profit double todays market cap

Poor below average margins of 5% would = £2M profit to equal today’s market cap.

For those prepared to look out, this company is dirt cheap, in my personal view, more so, since the directors told shareholders that within ten weeks of today profitability will be more robust : Source : April trading update

[sunshine today] 18/4/2024 06:42

Good morning.

Market cap C£2M

Cash that has been delivered to the business over the last 3 months

Sale of the Petrel business for £2.75M with another £250,000 by the end on this month.

Placing of £830,000 gross or around £730,000 net.

Total by the end of the month £3.730M

Proceeds from the sale inc £1.1M for working capital and to expand production at both sites as per RNS.


Nice

[sunshine today] 17/4/2024 20:33

Arthur_Lame_Stocks

With respect i suggest :

You, as it transpired, were the gullible one.

1/ No one buys a recovery stock by looking at a set of accounts that always reflects past events. ( accounts don't do very well in business ).

2/ Have you ever noticed that stocks can, and do recover, this one has a 130 year track record, and would have seen a dozen recessions and a depression.

Time will no doubt tell who is correct.

[sunshine today] 17/4/2024 19:57

Arthur_Lame_Stocks20 Jun '16 - 04:46 - 404 of 1031

Hi value hound

I changed my mind about these and also bought a few at around 60p.

I also agree that the current valuation could look like a dream in a couple of years time and think these will be twice the current price.


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I agree with your post of a few years ago 100%, but after buying at a fraction of 60P.

YOUR POST


“I also agree that the current valuation could look like a dream in a couple of years time and think these will be twice the current price.”

[sunshine today] 17/4/2024 19:11

Arthur_Lame_Stocks

Not what i would expect from a once loyal shareholder at 60P who was happy to purchase, at the time .




Lets face it , this stock has a market cap of C£2M .

The potential upside is unlimited. Its an out, and out, recover stock, that has revenues, reduced debt, order books, cost cutting , working capital, invoice support and lots more going for it.


WARNING

One or two may have a vested interest to put potential investors off

FYI:

A boiler room sells overpriced stock to mug punters.

They don't buy in the market unless they intend to dump at a FAR HIGHER PRICE

A boiler room outfit does not purchase 17% of a companies stock, in a company about to go bust, because they would be exposed to a massive hit on their own account.

FREE ASSOCIATION BOOKS LIMITED has £1.5M asset backing.

[sunshine today] 17/4/2024 13:58

My Retirement Fund17 Apr '24 - 13:52 - 1027 of 1028

That's correct, I now expect it to eventually see a prepack with shareholders losing all equity value. I would hope the longevity of the name may see a private restructuring so the company name could survive. It is clear to me that there is little chance of any other outcome.


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LOL in Jan you buy the shares, and in April you look to a pre pack.!

In that timeframe the director buys a ton of stock in the placing and Armstrong lifts to 17%.

In a Pre Pack all shareholders get wiped out.

Lol

[sunshine today] 17/4/2024 13:54

The rewards could be very substantial indeed.

Hit my target of £1M profit in 24/25 and 30% on that the following year and the shares could be ten bagging.

[my retirement fund] 17/4/2024 13:52

That's correct, I now expect it to eventually see a prepack with shareholders losing all equity value. I would hope the longevity of the name may see a private restructuring so the company name could survive. It is clear to me that there is little chance of any other outcome.

[sunshine today] 17/4/2024 13:47

Cliffv69

Yep

Grossly under valued, if you take my view 2024 - 2025 revenues could hit £20M and margins produce £1M plus profit.

Thats a tiny 5% of potential revenues , when a business like this should be targeting double that, going forward.

£2M market cap is a fantastic starting point for those willing to take a view on this stock.

Also of note the invoice facility must have been renewed in March, just like in the previous 6 years.

That would not have been the case, had the lender had any fear of bankruptcy.

[sunshine today] 17/4/2024 11:09

My Retirement Fund - 09 Jan 2024 - 09:11:10 - 968 of 1024 Chamberlin, for recovery. Director buying - CMH


I couldn't resist a punt. 2.029p via AJ Bell. Could take years to see any value here and very high risk.


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Now you have changed your tune, fair enough.

[sunshine today] 17/4/2024 11:01

Arthur_Lame_Stocks28 Nov '17 - 10:23 - 629 of 1022

Awful results i can see these going broke now


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Lol the record has now been running 7 years .

[arthur_lame_stocks] 17/4/2024 10:45

What? So I bought some share 8 years ago and sold them years ago too. I can't even remember whether I made a profit or loss on them it was that long ago.

They're going bust soon.

[sunshine today] 17/4/2024 10:38

The risk was clearly paying 60P

Buying at 1.3P reduces that by a factor of over 40 times.

[sunshine today] 17/4/2024 10:36

Arthur_Lame_Stocks20 Jun '16 - 04:46 - 404 of 1017

Hi value hound

I changed my mind about these and also bought a few at around 60p. They are on a multiple of less than 3 times last year's operating profit and have renewed their debt facilities which should shift about £3m out of current liabilities leaving the balance sheet looking a lot better.

I also agree that the current valuation could look like a dream in a couple of years time and think these will be twice the current price.

Arthur

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Now we know the real reason why you’re not keen on this company.

60P !!!!

[arthur_lame_stocks] 17/4/2024 10:22

Hear no evil, see no evil and speak no evil?

[sunshine today] 17/4/2024 10:00

Yep, i understand them, and having read the recent results, trading updates, and sale of one section of the business i am assured the company is not about to go bust.

I also note two other investors , ( one a director ), have picked up huge amounts of the shares from willing sellers, and a placing.

Thats makes 3 of us who believe the company has a bright future.

[arthur_lame_stocks] 17/4/2024 09:49

umm, you don't understand them then ?.

[sunshine today] 17/4/2024 09:45

umm, not looked at the interim accounts then ?.




“The net interest cost of £0.4m (2023: £0.2m) largely reflects the full impact of successive increases in the Bank of England base rate.”