Caffyns Share Discussion Threads

[manrobert] 17/10/2014 07:43

we just need two people to buy on the same day.lol.

[shanklin] 10/10/2014 13:39

I gues havng had several outlets closed for part or all of H1 will not have helped earnings in the short term but this seems ridiculous. All IMHO, DYOR.

[manrobert] 10/10/2014 13:37

people just throwing thei shares away.doesnt seem to be any support.

[manrobert] 10/10/2014 10:22

I have added as well this week.

[manrobert] 10/10/2014 10:22

I have added as well this week.

[prop_joe] 10/10/2014 09:57

I have added to my holding this week. The share price is significantly below net asset value and their freehold properties have been valued at well above their balance sheet value. Given that they are profitable and the UK car market is still growing nicely (although I expect growth will plateau sooner or later) I believe it is significantly undervalued.
The share price says that other people disagree with me but that is what makes a market!

[manrobert] 10/10/2014 08:06

market makers cant get these shares down quick enough.

[lanzarote666] 06/10/2014 17:28

Interesting reaction to the release of September car sales numbers up 9.1% on the same period last year.



Strongest September in ten years bodes well, but warning that market was coming off the boil.

Fleet and business sales look like the next opportunity.

Intra-day reversal seems to have come on the back of two 3000 sales at 510p early doors providing a buying opportunity maybe.

Buyers of VTU have seen the opportunity with their price up 5% today in anticipation of interims due in nine days. Should provide an indicator.

Interims at CFYN not due until end of November

[shanklin] 06/10/2014 09:26

Wow, this is trading more and more below TBV.

[manrobert] 06/10/2014 07:16

I believe in the past they have done share buy backs

[ed 123] 30/9/2014 16:24

corbeta.

"I would have thought the directors are getting hacked off with the share price ..."

Would you be hacked off if you worked for a business that made an annual profit from continuing operations of £1.4 million and you received a salary and bonus of £0.5 million? (That £0.5 million remuneration was Simon Caffyn's - see 2014 annual report.)

FWIW, I can't see there ever being a takeover here. How many ordinaries do the family hold? 490,000? So a takeover at say a 50% premium would give them a gain of maybe £1.5 million? If I were one of the family, I'd prefer the status quo. Turkeys will vote for Christmas before this one gets taken over.

[corbeta] 30/9/2014 10:40

I would have thought the directors are getting hacked off with the share price -
IIRC one director bought at 630p back in the summer.

[manrobert] 26/9/2014 06:18

hi 3800 I take your point,they just seem so cheap.

[3800] 25/9/2014 20:20

Hi manrobert I don't think it's as simple as that, the family holds a controlling interest of the voting preference shares while the like of me and you hold the ordinaries, any takeover would be only with their approval. if it wasn't for the complicated nature of the company structure I feel the share price would undoubtedly be more.
3800

[manrobert] 25/9/2014 19:44

if the directors cant get this price up they are going to be sitting duck in a takeover bid

[manrobert] 11/8/2014 08:10

can now buy and sell 250000 according to selftrade but obviously not really possible,

[lanzarote666] 10/8/2014 17:25

Same sector VTU, positive write up with Midas today

'Many cars bought in the UK are made on the Continent and when the pound is strong eurozone car makers pass the savings on to buyers to stimulate sales.'

[spooky] 08/8/2014 22:03

No i don't think there was a mistake, if you ask for a quote the system often suggests that large trade sizes are available but when you actually enter the large size indicated, they will not let you trade. Market maker games.

[manrobert] 08/8/2014 19:36

3800,yes that seem a reasonable explanation,

[3800] 08/8/2014 19:30

With only 3 million shares in issue I think it's more likely that selftrade has made a mistake rather than is offering 12% of the company in one online trade.
3800

[manrobert] 08/8/2014 17:22

it was 250000 yesterday when I bt and also earlier today so they often change it,

[3800] 08/8/2014 17:01

Manrobert, that's were I looked just before I posted, it showed 100 shares available to buy at 590
3800

[jimjones1] 08/8/2014 15:46

Just wanted to say a HUGE thank you to everyone who has helped me out so far.

This will be my final post (plea)! I just need a few more complete questionnaires so if you wish to take part please follow the link below. It will only take 2-3 minutes of your time.



Just in case you didn't catch my post earlier this week and wonder what this is all about, I am doing a master's thesis on communications within online financial communities. This questionnaire will be a source of my data.

Of course I am more than willing to share the results of the study with anyone who is interested.

Thanks again for your help.



P.S. If you have any questions, please feel free to contact me at jaw73(at)aber.ac.uk.

I confirm that all responses remain strictly ANONYMOUS and that no personal information with be associated with your responses. This study is purely for research purposes with no commercial gain to myself (unfortunately!)

[manrobert] 08/8/2014 15:27

3800,when you deal on line with selftrade it displays the number of shares you can buy or sell at the quoted price,

[3800] 08/8/2014 14:19

Where you have got that info from manrobert?
3800