Cape PLC Share Discussion Threads

[cockneyrebel] 05/3/2013 11:15

Bull mkt now tho warranty, investors want to find good news even in mediocrity imo.

I twenty bagged these from the mid 20's - time to buy is before you hear the good news imo.

Might be worth waiting till you've read the results - but might cost you 10% or more trying to get in at the open if the statement is half decent and will you really want to buy when they are up that much? You never know do you - on this occasion I feel it's one to be in ahead of the results as there are plenty scared to be in ahead of them whereas in recent times punters piled in before.

All just my opinion - caution v risk as ever.

CR

[warranty] 04/3/2013 16:52

Well I hope so because if the results are positive and things are now looking up there's plenty of upside still to come for us all. I may not make as much as you guys but as you say it's all about risk and reward. Having, like many of us I'm sure, been burnt so many times on results day I tend to hold back now until I'm as sure as I can be that the bad news is over. Anyway, good luck to us all on Wednesday.

[laverato] 04/3/2013 08:14

Yes indeed CR, the Directors spending over £600 K on the shares is positive.

[cockneyrebel] 04/3/2013 07:26

It's about risk and limiting it warranty.

On the present rating the risk is much lower and with the board changes and dirctors buying healthy amounts of shares in Dec, especially the FD, then the risk is greatly reduced here now imo.

All imo/dyor etc

CR

[laverato] 04/3/2013 00:02

Fair enough warranty. I can't argue with that. Just different tolerances of risk i suppose. I dont wont worry too much about a year here and there.

Goodluck

[warranty] 03/3/2013 18:43

Well, I could argue Laverato that risking it is also a good way to lose money quickly. Investing isn't gambling and right now you have no way of knowing if the recent problems are better or worse than the last statement. You are guessing they may be better but you don't know. I hope they are for both of us. I may not make as much as you but at least I won't risk losing money or being stuck with something for the next year hoping it will get back to my entry price. Share's are usually cheap for a reason and this one certainly is.

[cockneyrebel] 02/3/2013 15:27

Agree WyleCyote - here's a good read imo:

[wylecoyote] 01/3/2013 21:22

CR, you are here too? We are clearly thinking alike...this appears to have broke its downward trend...needs more research though...

[laverato] 01/3/2013 12:15

Thanks, but over a 2 year eriod, i think i will make money here.

Lav

[hvs] 01/3/2013 12:13

Be very careful here.

Adjusted diluted earnings
per share 7.0p 20.9p -66.5%
Interim dividend per share 4.5p 4.5p -

[cockneyrebel] 01/3/2013 11:27

Breaking out - nice gap up, results in a week:

[laverato] 01/3/2013 11:16

The reason to risk it is because the big money is made by taking risks in decent oversold companies, before others are prepared to take positions. Thats why prices go low, then GO UP. i read enough to make it worth a stake.

Each to their own i guess....

Goodluck

[nw99] 01/3/2013 09:14

6th march results

[warranty] 28/2/2013 21:04

Why risk it? Just wait for things to pick up and then get in. Still too much doubt yet for me so will wait until I hear how things are next week. Plenty of time to get in then if things are on the up.

[laverato] 28/2/2013 14:25

Did some study, and bought in. We shall see on the 6 th.

Lav

[cockneyrebel] 22/2/2013 11:16

About to break out?

CR

[valhamos] 22/2/2013 10:58

"They have also lost their contract at Sellafield UK, which represents > 3% of UK turnover."

"though the figures aren`t big, so in Cape`s defence they probably dont have to announce"

You can't have it both ways! Your first post implied this was a serious issue. Now you agree that it isn't.

[jbarker5555] 21/2/2013 20:48

Marco - "They have also lost their contract at Sellafield UK, which represents > 3% of UK turnover."

Where have you heard this? Cousin? Should he really disclose this?
>3% so say 4% = £300m turnover x 0.04 = £12M @ 10% margin = £1.2M off EBITDA. Pre tax for 2013 suggests 46.18 with EPS of 28.73. So loosing Sellafield takes EPS down to 28/27.5 ? Hardly life threatening ?

Also, "Just heard they have won a contract with BP in their CIS business which was bid on about a 3% margin, and it will cost them dearly within the first and second year of operation"

Again, where have you heard this?
In 2010, 2011 and HY 2012(excluding Algeria)EBITA margins have been well into double figures so why would they take on a contract at such a low margin to their norm. ?

Directorate dealings:
11/5/12 Brendan Connolly 8450 @ £3.55
14/5/12 T Eggar Buy 2850 @ £3.447
30/5/12 T Eggar Buy 10000 @ £2.49
1/6/12 M Merton Buy 8000 @ £2.4543
1/6/12 J Oatley Buy 40000 @ £2.53
30/8/12 T Eggar Buy 12000 @ £2.29
13/11/12 L Van de Walle Buy 10000 @ £1.812
27/11/12 J Oatley Buy 15000 @ £1.85
6/12/12 M Speakman Buy 24906 @ £2.008

That`s about £310,000 in director purchases in less than a year plus some awards in lieu of pay for Tim Eggar. Not a fortune for the size of company but if things were that bad would they all have being buying?

As always best of luck with your investments! :)

[skinny] 21/2/2013 06:56

RSI still on the up with some volume at last.

[cockneyrebel] 20/2/2013 17:13

Cup and handle breakout?

[mechanical trader] 20/2/2013 15:17

Shorters starting to buy back
from the january high........