Abingdon Cap Share Discussion Threads

[the jaberman] 28/4/2004 23:05

Judgement

so i am not allowed to ask people to convince me, but HUGEPANTS on CFP thread has been posting incessantly asking: -

HugePants - 27 Apr'04 - 15:57 View 'HugePants' profile

Its battle of the Capitals!! To my mind ANC beats CFP hands down. In fact I cant think of any reason why Id buy CFP instead of ANC. ANC has a smaller market cap and a much stronger balance sheet.

If any CFP holders can make a decent case as to why I should sell my ANC shares and buy CFP then please do so!

[judgement] 28/4/2004 23:02

Jaberman, it's not worth buying, in fact it's rubbish and a waste of good money.

Is that better?

If you don't wish to buy ANC, then don't. I don't think anyone would like to persuade you to do anything against your better judgement.

[the jaberman] 28/4/2004 22:39

no one willing to answer as to y i should purchase this,

i shouldnt cos: -

1. better value elsewhere in sector
2. this is overhyped
3. no volume today or this month at all
4. no buying going on
5. no city interest
6. no momentum even in a bull market
7. other companies are acquiring clients left right and centre and making profits


no one on here seems to know anything

[the jaberman] 28/4/2004 20:27

Simon

i can post on here if i like, like people from this thread post on others, i want to know why this is worth buying, still no one can give me a straight answer.

[simonevans] 28/4/2004 20:09

The JaberMan - Why don't you go to another BB if you are not interested. If you did your research properly you would know that ANC effectively demerged their investments as Bionex and Redstone shares to shareholders over a year ago. That represented 2/3p of the price at the time and was excellent value for those shareholders who bought in at 5p or so. They have another 5p in cash. Finally, momentum investing gets risky when the market is toppy or moving sideways.. and that's what has happened for the last 3 months or so.

[the jaberman] 28/4/2004 20:05

ntv

im an investor, cfp is not my ONLY stock, but yes it was down but still over 170% up from where i bought!!!

i have researched ANC and would NOT buy into it, end of story, no one has "convinced" me otherwise.

[ntv] 28/4/2004 19:24

click on the final results or go to their web site

[ntv] 28/4/2004 19:22

keep buying jaber man
noticed your cfp was down a bit today,and this one was up a tadge!
say no more

[optimist at large] 28/4/2004 16:00

The Jaberman - they are not meant to be an investment company any longer, they have sold or divested most of the previous holdings.

[india93] 28/4/2004 15:59

Huge - tx , gone away to do some reading now.

[the jaberman] 28/4/2004 15:50

""They currently have very few investments. ""

that says it all

stay away imho

[hugepants] 28/4/2004 15:41

india93

They currently have very few investments. Most of the balance sheet is cash. They do have small stakes in some listed companies including Multi-Group (worth around 350K just now) and a small number of unlisted investments. You should phone up the compnay for the recent annual report.

A proportion of the cash will go into the MountCashel hedge fund of which they own 25%.

The fully owned stockbroking , advisory subsidiary is Corporate Synergy.


cheers.

[the jaberman] 28/4/2004 15:34

no nothing doing.

[india93] 28/4/2004 15:34

has anyone got a breakdown of the investments and their value in the accounts please ?

tia

[the jaberman] 28/4/2004 15:33

not interested, this is going nowhere. better prospects elsewhere, i suggest holders sell and make the most of the bull run elsewhere, .

remember there is money to be made.

so move into momentum stocks

[hugepants] 28/4/2004 15:31

JaberMan

I think we holders have to be patient. Looks good value though considering the large revenue increase, the cash backing and 'group trading profitably' comment in the results. dyor etc.

[the jaberman] 28/4/2004 15:29

no volume here whatsoever, i can see people going into others for action. all imho

[optimist at large] 28/4/2004 15:24

29 March 2004


Gavin Casey joins Abingdon Capital's board

Abingdon Capital plc, AIM-listed provider of corporate finance advice, is
pleased to announce that Gavin Casey is joining its board as a Director with
immediate effect. Former Chief Executive of the London Stock Exchange, Gavin
Casey became Chairman of Corporate Synergy, Abingdon Capital's wholly-owned
subsidiary, in September 2003.

Over the last six months, Gavin Casey has helped guide the expansion of
Corporate Synergy. As part of this expansion, in late 2003 Corporate Synergy
added a new corporate broking business to its existing corporate finance and
private equity activity. Since then the broking business has successfully
completed institutional fundraisings for a number of clients including 1st
Dental Laboratories plc, The 4Less Group plc and CMS WebView plc.

From 1996 to 2000, Mr Casey was Chief Executive of The London Stock Exchange
where he introduced a wide-ranging programme of modernisation and profit
improvement. Before this he was Group Finance Director/Chief Operating Officer
of international securities house Smith New Court from 1989 to 1996. He is now
an investor in and Chairman of various companies including Tragus Holdings
Limited and Knowledge Technology Solutions PLC.

[the jaberman] 28/4/2004 15:23

no interest from the city in this, bigger things happening in this sector at cfp

other companies have alot of cash per share too, but they too dont move.

for eg, GBG, DMR etc

[optimist at large] 28/4/2004 15:23

8.4p per share cash

[the jaberman] 28/4/2004 15:21

very very overvalued and overrated imho. but i stand to be corrected. now tell me why i should buy this???

LOL

[ntv] 28/4/2004 10:43

might have extended settlement,hp

[hugepants] 27/4/2004 14:00

The guy that paid 12p for the 50K should sack his broker. I could have got them for 11.5p online (up a bit now - 11.7p for 50K).

[latifs100] 26/4/2004 11:14

WHEN DO WE GET THE DIVIDEND? THANKS