21st Century Technology Share Discussion Threads

[spaceparallax] 23/12/2014 11:55

It is good news

[vfast] 17/12/2014 13:02

The big problem in the short term is a large overhang of stock in the market, we need that cleared before we see real progress.

However more good news and the overhang will get sorted.

IMHO DYOR

[qut] 17/12/2014 12:17

Agree. I suppose they need to get investors' confidence back because the business took quite a hit

[aishah] 17/12/2014 11:20

Outlook getting better here. Worth adding imo.

[qut] 17/12/2014 11:17

General Meeting as well today. Let's see if anything important comes out of that

[vfast] 17/12/2014 09:32

dealit, 15.8M SEK (approximately GBP1.35m)

This latest win brings the value of contract renewals secured in Sweden in the last quarter of 2014 to approximately GBP2.45m.

But nevertheless it is a sign that the company is making progress and on the road to recovery.

[dealit] 17/12/2014 07:52

Very nice contract win announced today 15.8m over 3 years, light still turned on.

[vfast] 05/12/2014 17:23

Gut, it is good news however there has/is a seller in the market hence approx. 950k were sold yesterday.

Short term the share price is under pressure but I still believe next year there will be a good recovery.

[qut] 05/12/2014 14:06

Today's RNS is good news, isn't it? Why is the share price going nowhere?!

[dealit] 05/12/2014 08:54

All very frustrating indeed when you think how these Directors have performed.
Good announcement today worth 3m over 3 years.

[welsheagle] 15/11/2014 21:03

Techinvest has added to portfolio.

[qut] 14/11/2014 18:54

I agree vfast, I like the new management's approach. For them, it's all about cementing and expanding on existing partnerships first and foremost, while casting around for suitable new business at the same time. It's pretty obvious that the old management tried to expand into new business too quickly and rashly without paying enough attention to existing clients.

[vfast] 14/11/2014 11:25

Qut, I've got C21 down as recovery play and hope we see that come through next year.

Plus I like the new management team and they've put a fair bit of their own money in.

Barclays online prices and market size.

MM’s on the offer
25k shares 5.5p
50k shares 5.4p
100k shares 5.28p

Biding max 50k shares 5.9p

[qut] 13/11/2014 08:25

This seems to be edging up. Could be a buyer around as you say vfast

[vfast] 12/11/2014 08:31

Barclays online deals for C21 shares; is there a buyer in the market place?

MM's bid price:-

100k at 5.55p
150k at 5.4p
250k at 5.3p

[qut] 11/11/2014 18:49

Purchases today were right at the top end of the spread: 90,000 at 6p and 20,000 at 5.99p.

[vfast] 11/11/2014 12:49

The 5p to 6p share price maybe a bit false.

MM's offering sellers 5.5p for 100k shares and 5.4p for 150k shares.

MM's must be happy to buy at the mid price.

[qut] 06/11/2014 13:03

EcoManager expands into Portugal and onto new vehicles:-

[vfast] 04/11/2014 08:59

C21 need to confirm their keeping the 2 major contracts and add a few more over 2015.

I believe that is doable and we'll see the share price back up into the teens again.

[qut] 03/11/2014 22:51

According to the C21 website, they could be making further inroads into the Swedish market:

[qut] 03/11/2014 15:03

I agree with your analysis AISAH

[aishah] 03/11/2014 12:51

C21 - 5.5p
==========
Mkt Cap = £5m, Net Cash - £2.6m

Heavy Director Buying:
----------------------
13th June
=========
CEO bought 600,000 @5.75
FD bought 400,000 @5.75

30th June
=========
CEO bought 600,000 @6.108
FD bought 400,000 @6.108

16th Aug
========
CEO bought 307,346 @6.125
FD bought 205,183 @6.125

8th Oct
=======
Contract win for SEK12.6 Million for one of the largest passenger transport operators in Sweden to support on-vehicle mobile surveillance, safety and communication systems across their fleet in Stockholm.

Major Holdings
==============
Slater Investments - 15.3%
John Watkins (+wife), Director of Trakm8 - 4.3%
Trakm8 PLC is an AIM listed company providing market leading Fleet Management Solutions, Engineering Services and Telematics Hardware to organisations worldwide. Our customers range from corporate fleets to small businesses that all benefit from improved operational efficiency, driver safety and fuel economy from utilising our products and services.

Techinvest November Issue
=========================
Speculative BUY - Added 150,000 to their Portfolio.
Techinvest also put money where their mouth is by adding C21 to their Special Situations Fund last month

A lot on interest today due to Techinvest coverage. share price hovering around those big director buys. Cash around half of mkt cap. Awaiting news of contract renewals with 2 UK major customers. Should re-rate sharply if these renewals materialise.

All imo,dyor.

[qut] 03/11/2014 09:37

Could be, but the MMs aren't giving much away with the spread!

[vfast] 03/11/2014 09:31

We need some good news here, I believe we will keep the two large customers and the share price could easily head back up to the 10p level.