Share Name Share Symbol Market Type Share ISIN Share Description
Caffyns Plc LSE:CFYN London Ordinary Share GB0001615219 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 425.00p 400.00p 450.00p 426.00p 425.00p 425.00p 0 14:00:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 212.6 1.7 186.3 2.3 11.45

Caffyns Share Discussion Threads

Showing 476 to 499 of 500 messages
Chat Pages: 20  19  18  17  16  15  14  13  12  11  10  9  Older
DateSubjectAuthorDiscuss
11/5/2018
16:07
Perloff buying more then.
cjohn
09/5/2018
11:03
http://uk.advfn.com/p.php?pid=nmona&article=77378711
spob
27/2/2018
12:36
http://uk.advfn.com/stock-market/london/caffyns-CFYN/share-news/Caffyns-PLC-Holdings-in-Company/76811262
spob
26/2/2018
08:46
Just saw a pig levitate over my neighbour's garage.
cjohn
23/2/2018
19:22
I've bought a few of these too, for the balance sheet more than the business although if the divi is maintained it's quite a decent yield. I can't see Perloff being able to do much to shake up the family tbh so I wouldn't buy based on his investment. Frankly the best thing the family could do is close down the car dealerships and sell off or develop all of the property which would raise about $30-40mn in cash and then buy a business making reasonable margins in a growth industry. All IMHO.
arthur_lame_stocks
23/2/2018
16:56
Impossible to predict short-term share price movements. You may have another opportunity sub-400 - or not. But the current price is still compelling, given the possible catalyst of Perloff shaking things up. Though as you say, the share structure isn't helpful to outsiders. Diesel is going to be outlawed; so definitely diésel sales are going to go down! I'd have thought overall sales is the more interesting figure.
cjohn
23/2/2018
14:14
it didn't move when his holding was announced so i left it thinking the seller might have a few left and on the right day i could pick up a few on the quiet. still might get another chance good luck trying to change this outfit though because of the big problem with the share capital because of the preference shares still think diesel car sales have further falls ahead so i am sure there will be chance at lower prices again
ntv
23/2/2018
13:06
I've topped up with a few more too
spob
23/2/2018
13:05
Thanks for drawing attention to this I wouldn't have noticed Could be an interesting development
spob
23/2/2018
12:37
I've been buying more here at around 400. The serious discount to tangible asset value has been too tempting. Getting Perloff involved is a definite plus.
cjohn
23/2/2018
11:47
So Andrew Perloff, the chairman and majority owner of Panther Securites, has taken a 4.82% stake in Caffyns. Perloff is a property investor.
cjohn
23/11/2017
15:55
Quite right too TC Results tomorrow
pillion
07/11/2017
15:03
Well, the bearish signals seem to have been borne out...
turbocharge
02/11/2017
11:06
Hi Value Hound, It's true that the share is trading at about 0.45 PTBV. It's worth noting though that there have been revaluations of the freehold property, which would add about 10m sterling to asset value, if the revaluation was included on the balance sheet. So the balance sheet understates value here. Including the property surplus, they are trading at around a third of net tangible asset value. Whether there will be a catalyst to out this value is another question. (The preference shares make a takover much less likely.)
cjohn
29/10/2017
13:13
it is here until they decide otherwise. pref share are effectively ord shares so best to value them that way as they count as 1 vote in the unlikely event of a deal
ntv
25/10/2017
08:23
Totally agree. The prefs are a major pain in valuing Caffyns. They are on the balance sheet at a low value however in a takeover situation as far as I can see would be worth potentially a lot making it difficult to value. However it still looks extremely cheap. If the prefs were geniunely worth what they say they are on balance sheet this would be the cheapest share I have ever seen.
clemo69
24/10/2017
11:42
This has to be just about the cheapest share out there? Of course the future may not look rosy for car dealers, but the balance sheet is rock-solid (ptbv now 0.45) so it's a share safe to average down on IMO when the markets perceive it's a bad time cyclically. If it wasn't for the voting rights of the Prefs which give the Caffyn family effective control (they own 21.4% of the ords) this would be a lot higher.
value hound
12/8/2017
14:32
Just started looking at this company, looks interesting, and good discussion going on on this forum. Thinking of possibly buying some for my portfolio long / medium term. But some of the chart signals I've seen suggest maybe I should wait a while: 11 Aug 2017 WEEKLY Intermediate-Term Bearish 490.00 Price Crosses Moving Average (21-week) 09 Aug 2017 DAILY Short-Term Bearish 490.00 Price Crosses Moving Average (21-day) DAILY Intermediate-Term Bearish 490.00 Price Crosses Moving Average (50-day) DAILY Short-Term Bearish 490.00 Momentum 04 Aug 2017 WEEKLY Intermediate-Term Bullish 500.00 Any thoughts what price would be a good entry point...?
turbocharge
07/7/2017
09:29
Coolen - Putting the above into simple language. Can the prefs stop a takeover? Say a bid of 30mil came in could the pref holders ask for 10mil say or we won't vote it through. Could the bidder just say to the preferred holders well your getting 1 mil and thats it. What sort of power would the pref holders have in your opinion??
clemo69
05/7/2017
10:33
Thanks Coolen for the informative post.
cjohn
19/6/2017
23:18
Re the voting rights in a bid situation, in my personal view: (1)The family held prefs are fully enfranchised were there to be a take-over bid; (2) A bid for the Company would not be "Class 1" transaction, unless it arose out of a complex merger or similar. To gain control, a bidder would first need to negotiate a price for the family prefs. In conjunction with that, the Panel would demand an "appropriate" offer be extended to the Ords. In practice, any bidder will need to sit down with the Panel in advance to agree how the Offer should be split. If both parties ignored the Takeover Panel it would be a unique situation. In assessing the voting rights in a bid situation the order of priorities is: 1. The Company's own Articles of Association; 2. Company law generally; 3. The rules of the Take-over Panel. Ironically, the losers in the event of a Bid would be the 7% First Preference shareholders. Under the ridiculous Panel rules, non-voting prefs can be ignored in a bid situation, leaving them at the mercy of the new private owners. This rule causes much anger amongst specialist fund managers.
coolen
19/6/2017
14:12
If you stay invested for five years maybe they could award preference shares so the main stock holders can make money too. :P
sirhedgealot
06/6/2017
09:20
hxxps://www.thesun.co.uk/motors/3458353/fears-of-uk-car-financing-industry-crash-as-claims-surface-of-loans-mis-sold-to-poorer-customers-who-cant-afford-to-repay/ Are Caffyns exposed to this?
orinocor
29/5/2017
13:04
Hi brwo, if you look back on this bullitin board to post 121 a poster with the user name Simon Templar QC who mounted a legal challenge, the details can be found in the RNS link which is included in the post. I'm not sure if he still has any holding or even if he is still alive. 3800
3800
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