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CLC Calculus Vct Plc

60.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Calculus Vct Plc LSE:CLC London Ordinary Share GB00BYQPF348 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 60.00 50.00 70.00 60.00 60.00 60.00 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investment Advice 1.53M 648k 0.0105 57.14 37.04M
Calculus Vct Plc is listed in the Investment Advice sector of the London Stock Exchange with ticker CLC. The last closing price for Calculus Vct was 60p. Over the last year, Calculus Vct shares have traded in a share price range of 51.00p to 62.50p.

Calculus Vct currently has 61,733,566 shares in issue. The market capitalisation of Calculus Vct is £37.04 million. Calculus Vct has a price to earnings ratio (PE ratio) of 57.14.

Calculus Vct Share Discussion Threads

Showing 51 to 75 of 350 messages
Chat Pages: 14  13  12  11  10  9  8  7  6  5  4  3  Older
DateSubjectAuthorDiscuss
21/1/2004
19:45
Well I hope so because the omens prior to the collapse were good with seemingly quite a few buys at the 39 to 40p mark. Strange then to see the MM trade at 33p and the panic which then ensued. As you say fingers crossed.
orange1
21/1/2004
19:24
I assume it's just a reaction to the ?trade in 25000 shares - a big number for this co and it doesn't take much to move the price. After the trading statement of 4/11 and comments to my broker about a week ago, I can't believe that they are going to lose out on a significant number of contracts - I think the knives would be out if they did! I'm going to tough it out; I bailed out of Gresham Computing too early because the 'expected' announcements never seemed to come - until the week after I sold! - but at least I made a nice profit, if not the 8/9-bagger it would have been if I'd held on. This one is a bit painful at the moment and - even worse - some of them held in an ISA where I couldn't even utilise the losses if it ends up that way! Fingers crossed.

Regards, Ian

jeffian
21/1/2004
18:21
yes me for one, Ian ... The sudden collapse has raised alarm bells for me but I guess your broker's report is reassurance of sorts. Time will tell as always.
orange1
21/1/2004
17:36
Yikes! Has something gone wrong or is this a 'buying opportunity'? My broker spoke to the co recently and was told that negotiations still on track to secure some of the contracts anticipated. After what they've said and the Rights Issue, there's going to be some very unhappy punters if it goes pear-shaped now.

Regards, Ian

jeffian
04/1/2004
15:42
I have held this share for a long time and still have faith that it will come good and hit £1. Once the contract wins are announced this could fly.

However, as we all know, this share is rather volatile.The market-makers do not hold much stock thus small buying will push up the price. Unfortunately small selling will turn it the other way.

chessman2
02/1/2004
23:35
...or Sado Masochist (someone who is prepared to put up with a lot of self-inflicted pain!)

8-)

Regards, Ian

jeffian
02/1/2004
22:21
Stock Market i.e. I was saying that the markets would not take kindly to yet another delay or warning.
barnetpeter
02/1/2004
20:10
ian
Thanks for the further details. I entirely agree that no company should make promises they can't deliver on. And the explanation for the slippage (customers deferring their buying decisions as the Group focused on establishing reference sites and strengthening the balance sheet)is somewhat lame as it suggests that either the company had not satisfied their customers that CV4 met their technical requirements and/or the company had no time to speak to their customers given that they were busy raising new cash. But then given that I have been a shareholder since 1994 I reckon I must have a very thick skin by now. I agree though that if there is no good news by April then the company has lost a lot (more) credibility.

barnetpeter
What is the SM?

orange1
02/1/2004
19:34
Hi folks - this was the one stock I put up on a new thread last year that was a real dog. I sold out at 40p for a big loss having bought up to 57P. The funds released and invested elsewhere have more than made up the loss. Its the lost opportunities as well as the paper loss that matters when you hold dogs like this.

I wrote to CLC in November asking for an update. They said they would issue something in December. I wrote back to say if it was more bad news please don't bother as the SM couldn't take any more from this company. Silence. Make of that what you will.

A real disappointment.

barnetpeter
02/1/2004
19:22
Orange1,

I came into this after the placing on the recommendation of my broker (yes, alright, don't say it!) and whilst the statements made by the company were reasonably clear (e.g. this from the Placing document:"The Directors believe that several of these deals are predicated on the Group providing these potential customers with confidence in the financial position of the Group, which they believe that the Placing and the Open Offer will achieve.") the 'in the bag' references actually came from meetings between the company and brokers/analysts both after the placing and the subsequent trading statement. I accept that there is always the potential for 'slippage' in contracts being signed, but surely any CEO worth his salt must know it's better to promise little and overdeliver rather than find himself backed into a corner explaining delays or, even worse, contracts lost. Believe me, those institutions persuaded to stump up fresh money at 40p were under the illusion that deals were 'in the bag' and would swiftly follow the placing (as, I think, you were in your post 30 of 13/8/03 if you re-read your final para starting "Reading between the lines...."). Certainly my broker is clear that things are not developing as he was told by the company (twice) and unless the next RNS from the company - whether the final figures in April or any trading update before then - includes news of substantial contract wins, I think you will find a number of people headed for the door.

Regards, Ian

jeffian
02/1/2004
12:08
ian
Going back to your post of 17 Dec, who was it that the contracts were effectively in the bag? As you say that may have been what you were told but the story in the placing document was painted in much less colourful hues.
Althoough it would be nice to hear that the contracts which CLC had anticipated before the end of 2003 had indeed been closed, I will not be disheartened if no announcement is made, providing of course that the contracts have not been lost altogether.

orange1
02/1/2004
11:26
Well, we're past the witching hour and too late to do anything about it now. What's done is done. Question is; has it been? ("the Group anticipates closing several open bids before the end of 2003"). If we've got to wait until final results in April, I assume they haven't got much to shout about! Having said that, I'm hanging on in there - I used to hold Gresham Computing in anticipation of an announcement of the adoption of Real Time Nostro by the banks, got bored/disillusioned by continued delays and sold out at 70somethingp just before the long-delayed announcement sent it up over £4!! Come on, CLC, give us some good news!

Regards, Ian

jeffian
17/12/2003
16:43
er, faith - as has always been the case with CLC. But more seriously I take your point.
orange1
17/12/2003
16:17
Well maybe, Orange, but the story I was given emanating from comments in the Placing documents - ("We are pursuing 15open bids in respect of CV4, with both new and legacy customers, one of which would be a very significant transaction. We believe that several of these deals are predicated on the Group providing these potential customers with confidence in the financial position of the Group, which we believe that the Placing and the Open Offer will provide.") - was that a number of contracts were effectively 'in the bag' once CLC completed the Placing and Open Offer to convince potential customers of its financial security. The 4/11 warning indicates that none had actually closed by that date but they expect to do so before the year end. In the circs, I would expect them to say something before the results which are still some 4/5 months away. If they don't, what's to support the share price in the meantime?

Regards, Ian

jeffian
17/12/2003
15:51
But CLC is not a company which to date has been in the business of announcing each and every contract it concludes. There was announcement at the time of the recent EGM and one in February 2002, so really having issued the 4/11 warning I for one was not expecting any further news until the results next year.
orange1
17/12/2003
15:16
It's all looking a bit wobbly again. In its trading statement on 4/11, which itself knocked the share price, it said:
"Although the Group anticipates closing several open bids before the end of 2003, it will not recognise all of the revenue associated with these contracts in the year ended 31 December 2003."
It's getting precious close to the end of December, and I ain't heard of any more contracts won yet, let alone "several".
My fingers, and everything else, are crossed!

Regards, Ian

jeffian
28/11/2003
11:58
Certainly some buying in the past few days and in institutional size as well.
So somebody has got confidence in the future is about all one can say at the moment.

orange1
28/11/2003
10:03
Hmmmmmm...! Five consecutive days of gains off the bottom. Could someone know something I don't? Like maybe some of those contracts are coming to fruition? Watching with interest.

Regards, Ian

jeffian
04/11/2003
10:40
Well with a bit of positive spin you could say only one order has been lost, a number delayed and 4 potentials gained.
But essentially you are right - it is yet again disappointing news from CLC.
Active Value incidentally never hung around to be disappointed or to kick directors' ass.

orange1
04/11/2003
10:24
Just what it didn't need - a profit warning! It's just raised fresh funds via Rights Issue on the promise of orders almost 'in the bag', only now they're not. I bet the institutions who put in fresh money on what they were told have put a call in to management this morning!

Regards, Ian

jeffian
06/9/2003
12:46
>keran

Good to see you on board. You chose a good day to do it as there is definately a tail wind propelling CLC forward at the moment. A good sign and in 9 years of watching this share one, I can tell you, which is not often seen.

Nevertheless it is only fair to point out in the words of the analyst on the
site that CLC have made remarkably little progress ssince its IPO in 1994. The analyst adds though: "Nonetheless the recent results show CL making tentative but welcome steps towards sustainable profits. If it can finally get its act together, there's no doubting that the clinical information market on both sides of the Atlantic should offer a wealth of opportunities."

orange1
05/9/2003
23:19
Hi Orange1,

Bought a few today - the graph looks good I have to say.Could do very well indeed over the next 12 months or so.

keran
04/9/2003
15:01
Active Value have been realising their value rapidly and have now all but sold out. One of the institutions to pick up their shares is Polar Capital formerly
Henderson Technology. Their is an article today on this fund and its holding in Clinical on but for subscribers only.
Any subscribers out there willing to give a summary?

orange1
02/9/2003
13:14
The open offer had a good take up 53.2% forcing institutions who had hoped to pick up shares in the placing to satisfy their interest through purchases in the market.

In addition the company has announced a financially small but nevertheless significant new contract with the University of Louisville, Kidney Disease Program, a legacy customer of CLC. The University of Louisville represents the first di-PROTONTM customer to migrate to Clinical VisionTM. When this system goes live CLC will have converted customers to Clinical VisionTM from each of its legacy product lines, ProtonTM, di-PROTON TM and RENLStarTM.

The share price has responded favourably to both items of news and climbed to 55p, a level not seen since mid 2000.

orange1
15/8/2003
14:08
Bit short sighted in my opinion. The institution in question will most probably be taking up its entitlement under the open offer. It may also be participating in the placing. No harm in selling a few to be able to afford to do one or both of those. The shares sold will have been picked up by another institution in any event.
orange1
Chat Pages: 14  13  12  11  10  9  8  7  6  5  4  3  Older

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