Camper & Nic. Share Discussion Threads

[man siarad] 10/6/2011 21:39

Very quiet on here - and on the market.

Just to note this, since it's in my neck of the woods:



Camper & Nicholsons Marina Investments Limited

Key Middle East Appointment Accelerates Growth of Camper & Nicholsons Marinas

World leader in luxury marinas to manage renowned Yas Marina in Abu Dhabi


Aldar, Abu Dhabi's leading property development investment and management company, today announced the appointment of Camper & Nicholsons Marinas, to operate Yas Marina on Yas Island in Abu Dhabi. Located at the heart of Yas Marina Circuit and home to the Formula 1TM Etihad Airways Abu Dhabi Grand Prix, Yas Marina welcomed its first guests in 2009 and has a capacity for 143 yachts from 10m to 150m. The 10-year Management Services Agreement represents Camper & Nicholsons Marinas' entry into the Middle East market and firmly establishes the company as the world leader in luxury marinas, marina management and development.

Company press release here:



and a very nice marina it is, too

[ukinvestor220] 18/3/2011 13:39

Well theyre going to sell their holding in GHM to raise some more cash for investment in the business, plus looking at the strat review for further value release. M cap way below NAV of the three marinas and other businesses that are all set up and running.
Check out FY report from 16th Mar.

[77monty] 22/9/2010 09:39

Any views on the interims? Concerned regarding the funding requirements but offset by 2011 looking like a very special year with all marinas coming on line.

[pillion] 21/9/2010 17:30

.......licensed for 25 years at a price of $1
million..............

So is that $40,ooo per year ?

If so it should be index linked

[pillion] 04/8/2010 10:11

CNMI announces that Cesme Marina in Turkey, its joint venture with IC Holdings,
is now officially open

[djalan] 08/7/2010 13:40

...................Victor Bezzina on behalf of the consortium, said that the maritime sector was going through a recession..........................

[djalan] 17/6/2010 09:31

Back in Xemxija --

[johnsoho] 13/4/2010 07:08

Not as nice as I would have hoped but they are expecting to increase shareholder value in the future!!!....Hmmmmmmm

Camper & Nicholsons Marina Investments Limited
('CNMI' or the 'Company' or the 'Group')

Preliminary Results for the year to 31 December 2009


Camper & Nicholsons Marina Investments Ltd (AIM: CNMI.L), the Guernsey-based
specialist marina investment company, today announces its results for the year
ended 31 December 2009.

Highlights:
· Significant progress to complete marina construction works, which will be finished this year
· Revenues of EUR2.8m (2008: EUR2.8m) with no berth sales (2008: EUR1.0m)
· Loss before tax of EUR5.7m (2008: EUR6.6m)
· Loss per share of 8.7 euro cents (2008: 12.8 euro cents)
· Group cash and cash equivalents of EUR10.3m at 31 December 2009 (2008:
EUR20.6m)
· Adjusted NAV per share 54.8 euro cents (2008: 78.3 euro cents)
· Grand Harbour Marina successful Bond issue in February 2010 raised EUR12m to develop business
· Main construction at Port Louis completed December 2009 for season
opening
· Cesme development on time and on budget with scheduled marina opening in
May 2010
· Three new 10 year marina management contracts signed during the period,
with a further two existing contracts extended


Chairman, Sir Christopher Lewinton commented:

The significant change in the economic environment since we launched on AIM in
January 2007 has delayed the completion of the "development phase" of this
business and caused a significant slow down in berth sales. Consequently it
will take longer than originally anticipated to return CNMI to profitability.

However by the end of 2010 we will have our 3 marinas - GHM, Cesme and Port
Louis - fully operational and a growing 3rd party business all benefitting from
the Camper & Nicholsons brand name.

Looking forward your Board are confident that following completion of the
development phase of this business we expect to see increasing shareholder
value.

[pillion] 22/3/2010 21:11

We hope to go to Malta this May for two months and are looking for a nice apartment

Last year we had a couple of months in an apartment on the sea-front at lovely Xemxija --- Super !!

[maltatrader] 22/3/2010 18:15

hey Pillion

tajjeb grazzi!

I started looking at this stock but bit worried on the pricing pressures. Think at this stage it is too early to buy. I am trying to look into how the other two new Marinas will impact the this company.

I am Maltese but not living there rightnow. Will go there for a bit of sun end of May!

[pillion] 22/3/2010 16:46

MT
Kif inti ?

I only follow them because of my interest in Camper & Nics

....Oh and I like holidays in Malta

jal

[maltatrader] 21/3/2010 14:00

I just started looking at this stock....we might see a good run if the company goes into profit next year....but guess with more marina's in Malta there is some pricing pressure.....any thoughts??

[pillion] 20/1/2010 16:57

Well there's a novelty

Someone actually managed to sell within the spread !

[johnsoho] 24/12/2009 18:32

A very happy Christmas and new year to all Camper & Nicholsons shareholders

[ukinvestor220] 26/11/2009 10:32

BID keeps ticking up here - MM's looking for stock ??

[sirlurkalot] 25/11/2009 20:38

Increase in super yachts at Grand Harbour marina

[sirlurkalot] 17/11/2009 19:53

CNMI's bid for the other marinas to be privatised in Malta has not succeeded.

The bid from Creek Developments Foundation (ie the boat owners holding berths in those marinas) has been selected as preferred bidder for the Msida and Ta'Xbiex marinas. The bid from Harbour Management, which operates the Manoel Island marina, has been selected as preferred bidder for Mgarr in Gozo.



There are plans for 860 more berths, as described in this link, which won't help pricing or berth sales at CNMI

[darias] 29/10/2009 07:59

Looking at the trades for 27th October I note that someone sold 600,000 at 15p at around 10:00. The directors picked up at 3:00pm.

This represents over 1% of the stock and the mm who received the stock would have been left with the stock on his hands as the shares are very illiquid. He was not prepared to hold that amount of stock and so telephoned around and 2 directors agreed to buy at that price. If the mm had worked the market you would have found the share price falling like a stone.

The directors have not got such a good deal as how can they sell their stock? Whilst the stock has a notional value of 23p without results/prospects to support the share price the directors cannot offload. They have to make a success of this venture or they are left holding worthless pieces of paper.

Only thinking allowed you understand.

[sleepy] 28/10/2009 17:15

How do they get the shares at 15p?

[darias] 28/10/2009 16:38

Well it appears that the directors have faith.

[johnsoho] 15/9/2009 09:46

Interim Results for the six months to 30 June 2009

Camper & Nicholsons Marina Investments Ltd (AIM: CNMI.L), the Guernsey-based
specialist marina investment company, today announces its results for the six
months to 30 June 2009.


Highlights:
* Loss before tax of EUR2.2m (2008: EUR1.5m)
* Loss per share of 3.9 euro cents (2008: 2.9 euro cents)
* Cash balances of EUR9.6m held by parent company (2008: EUR17.0m) excluding the
Scotia Bank collateral of EUR5m (2008: Nil)
* Adjusted NAV per share 67.7 euro cents (2008: 78.3 euro cents)
* Grand Harbour Marina operated at EBITDA break even and is expected to move to
profit in 2010 without further berth sales, though berth rentals remain very
strong
* Marina development at Port Louis and Cesme on track and on budget
* Sufficient cash resources to successfully complete the development phase of all
three marinas by the end of 2010
* Two new 10 year marina management contracts signed during the period, with a
further two existing contracts extended





Chairman, Sir Christopher Lewinton commented:


"We are moving forward and significant progress has been made in the development
of all our marina assets. I am particularly pleased that the development
programme is on track and on budget and the Company is funded until completion
of the development phases. Our existing operating marina asset in Malta, Grand
Harbour Marina, is performing in line with expectations and our recently
established third party marina contracting business is beginning to show real
signs of progress. Although caution on the economic climate demonstrated by the
lack of berth sales has proved justified, we go forward with confidence and look
to the successful completion of our development programme."

[pillion] 14/8/2009 16:23

Poor punter only got 21p for a 35,000 sell today

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web-cam

[ukinvestor220] 24/7/2009 10:27

its ok - i got it .... someone sold 1,000 shares !!