Cape PLC Share Discussion Threads

[donny13] 19/7/2012 07:44

30th August - The publication of Interim Results.

[addison17] 18/7/2012 11:00

Does anyone know when the next trading statement is due ?

[and1] 11/7/2012 12:45

Gone and stayed above 61% retracement, so hopefully should move up to 320 in quick time.

[nicd] 02/7/2012 16:06

RNS
As previously announced, Cape plc, the international provider of essential, non-mechanical support services principally to the energy and mineral resources sectors, has appointed Joe Oatley, former Chief Executive of Hamworthy plc, as Group Chief Executive Officer with effect from 29 June 2012.

Commensurate with his appointment, Joe Oatley has been awarded nil-cost options over 96,522 Cape ordinary shares under the Cape plc 2011 Performance Share Plan, being equivalent to 60% of his annual basic salary of GBP420,000, based on the average closing price over the preceding five days.

These options will vest on 19 April 2015 at between 30%-100% on a sliding scale according to a level of 3-year EPS growth of between 5% and 12% over the UK Retail Price Index. These performance conditions are in line with those for Executive Directors described in more detail in the Company's most recent Annual Report and Accounts.

[nicd] 26/6/2012 10:48

ah, well thats ridiculous, issuing two separate holdings RNS for the same tranche.

[jbarker5555] 25/6/2012 16:46

nicd - Same holding, they haven`t both increased IMO :)

[nicd] 25/6/2012 16:12

Prudential and M&G increase holdings

[valhamos] 06/6/2012 20:19

Indeed. And an indication that he does not think the problems with the Algerian contract are systemic, and that he is not expecting to arrive and announce further bad news to 'clear the decks'

[border3] 06/6/2012 19:56

Nice support from the new CEO today should give it a boost and some stability moving forward.

[and1] 01/6/2012 08:23

the northland analyst needs an analyst. first buy target price 590 then sell when price was at 205 and now buy with a target of 300, all in the space of 7 days

[nicd] 01/6/2012 07:14

Good news!

Tim Eggar, Non-Executive Chairman, purchased 10,000 Ordinary Shares at a price of 249 pence per share on 30 May 2012, following which he has a beneficial interest in 37,429 Ordinary Shares representing 0.031 per cent of the issued share capital and total voting rights of the Company.

Brendan Connolly, Acting Chief Executive, purchased 8,675 Ordinary Shares at a price of 249.36 pence per share on 30 May 2012, following which he has a beneficial interest in 19,625 Ordinary Shares representing 0.016 per cent of the issued share capital and total voting rights of the Company.

[and1] 30/5/2012 17:02

or the other way around - may not have to take as much as 14m£ , who knows!

[martinc] 28/5/2012 12:58

Clearly nobody has a clue whether other contracts may be effected, so whether you advise to buy or sell depends entirely on your attitude to risk.

[and1] 28/5/2012 11:21

i agree but i think here they went into a new country, dodgy by any standards, with a new team, possibly a lot of untestd local labour. I hope this is a once off problem. Normally a company so successful as Cape, cant be rotten through and through.

[stupidboypike] 28/5/2012 10:22

and1, when one project goes so badly wrong who knows how many more have/will? Not saying they have or will just uncertainty and guess what the market hates?

[and1] 28/5/2012 09:34

northland were recommending buy with target 590p, now overnight they are recommending sell at 205p. there are 2 serious problems here, one they hadnt a clue before and two they havent a clue now and are duping investors to sell t 1/2 price becuase of 1 contract going bad. so a hit of 14m£ on expected profit of 72m£, means northland thinks share price should not be 590p but well below 205p. i am missing something?

[aleks_atanasov] 28/5/2012 08:50

tipsters are useful, they create market inefficiencies sometimes. i remember back in Jan Shares Mag were hammering TALK, they said it was losing costumers , so some idiots dump their shares or even worse - shorted it.

Results come in Feb 7 and guess what - above expectations. made a little profit. vice versa situation was with FCCN ,thumbs up for tipsters they create opportunities for traders.

TALV back in Dec last year also an example.