Camco International Share Discussion Threads

[howdlep] 21/5/2012 09:41

yes its certainly looking interesting. At worst, mm's are keeping a very tight control of their order books and don't want to get caught short of stock ahead of the RNS tomorrow. We could have a big re rating in the making, we shall see.

[27howard] 21/5/2012 09:00

Just had a buy test, 4.8p so any buys will still show as sales.

[27howard] 21/5/2012 09:00

Do you think there might be a buy order in ahead of results, not often both the offer then the bid rise on no trades ?

[howdlep] 21/5/2012 08:58

Results tomorrow. With a very healthy cash balance, as per the recent RNS, is today the time to get back in?

[27howard] 18/5/2012 10:16

2 x 50k buys is goldust in this market, still just 4.58p to buy.

[27howard] 18/5/2012 08:58

Rat Attack

I'm not giving up hope, look at PVCS, yesterday like Cao bombed out, today up
123% because of a large cash injection way above market cap, I'm punting on a
similar reaction to CAO results although I do not see a % gain like that but I do see a reversal of the downtrend.

[27howard] 18/5/2012 08:25

rat attack

Maybe they will do that on results to boost the shareprice, I think there will be a takeover here, somebody must have these on the radar, the other side of the business has 20 mil euros as well cash but they need that money they say
but still there is a lot of cash to a predator for a business valued under 10 million.

[rat attack] 18/5/2012 08:22

Matter of supply and demand! Need a cash distribution (special dividend) to holders!

[27howard] 18/5/2012 08:15

Cash is around 13.6 million, market cap 8.75 million !

[27howard] 18/5/2012 08:08

4.48p to buy now, all that cash yet still price goes nowhere.

[27howard] 17/5/2012 08:10

Dangerous game to be out of PAA, if they issue another good rns it could add 50%
in no time.

Overhang still here, 4.73p to buy, lower than my 4.86p purchase price.

[bozzy_s] 17/5/2012 00:14

Yes indeed Howard. Add into the mix their recent resource upgrade, increased production, the fact they are trading profitably and on a current P/E of 5 with profits growing at a good rate annually. Future P/E of maybe 3. And they are fully funded, like CAO, with plenty of cash in the bank. Ought to be trading on a P/E of 10 at 22p per share.

Both these look incredibly undervalued - more so than PAA right now which has short-termers still buzzing around - you know they will sell into any rise because of the desperate daily ramping! When they're gone, and the share price is back below 15p (might happen immediately after results - which I'm expecting to be poor from 2011), I hope to have made good profits in CAO and GDP to rebuy into PAA for a long-term hold.

[27howard] 16/5/2012 15:42

Gdp boss wife buys 250k bozzy, that will help :-))

[bozzy_s] 16/5/2012 13:04

Everything was sold off this morning Howard, good stocks and bad. Only those with positive updates, and one or two others, went up.

This has been on my radar for months. And GDP is one I've traded in before - they ought to be at 20p+ on fundamentals. Both extremely cheap, it seems, today.

[27howard] 16/5/2012 12:57

I hope you are right bozzy, market does not like them but then they did not like PAA when we stuck at 10p offer.

I can understand sell offs in this market in certain bad stocks but this with
so much cash does not add up ?

[bozzy_s] 16/5/2012 12:53

And looking at balance sheet there's no debt, and tangible assets other than cash easily outweigh all liabilities, so net tangible asset value is significantly above 17m Euro. In fact it is multiples of that amount. I reckon in the region of 5x current market valuation (even with some write-downs in Dec'11 results). An absolute steal.

[27howard] 16/5/2012 12:12

You would think so, 8.5 mil market cap v 17 mil Euros of cash.

Terrible day though I do not think it matters to investors how cheap certain
stocks are but I bet this rises 30% on results day when others realise how cheap it is.

[aishah] 16/5/2012 12:08

Compelling buy now IMO. dyor

[27howard] 15/5/2012 08:54

Bought 50k ahead of results, 17 mil Eur of cash next to market cap below 10 million hoping for bounce on Tuesday, can buy for 4.85p so all trades are buys
but show as sales, bit of a overhang here still.

[ch1ck] 11/5/2012 16:56

I love buying at these levels very little down side risk massive upside possibly 200%

[howdlep] 11/5/2012 10:24

Time to be getting back in or adding pre results?

[ch1ck] 04/5/2012 08:11

just bought 4k sub 5p. Just averaging down 20 Million in the bank, strong order book, profits up, I can't see why not to buy at these levels.

[phowdo] 23/4/2012 10:14

"North America Update" RNS in January confirms it as a 4.5MW plant.

[qvg] 23/4/2012 06:50

thanks prof. the article says 4.5Kw. surely it is 4.5Mw??