Cape PLC Share Discussion Threads

[ilovefrogs] 07/7/2017 07:59

Bull - ridiculous statement - all investing is about greed ultimately (and fear). For me, this company was worth north of £3 so I believe I would have ultimately made more, though I recognise this is a bird in the hand and all that, so I can't be too unhappy! Off to find the next opportunity now.

[bulltradept] 07/7/2017 07:51

"Had a 10000 buy on screen yesterday and didn't press accept ......"

Coulda shoulda, woulda, from a technical perspective there was nothing in the chart detailing such a thought, given it was nicely below the 200sma, although the price had stabilised.

[gersemi] 07/7/2017 07:51

Hindsight is a wonderful thing. Congrats to holders and enjoy the profit...

[bulltradept] 07/7/2017 07:49

"I'm actually a bit disappointed."

LOL and there's greed right there! You should enjoy the 46% premium.

[ilovefrogs] 07/7/2017 07:27

I have held on, and been buying more in the past few week, but oddly, I'm actually a bit disappointed. I honestly believe that this stock would have been north of £3 in the next 12 months, so I'm not sure the management have actually held out for the right price here. Still, can't really complain I suppose....;-))

[basem1] 07/7/2017 07:25

Had a 10000 buy on screen yesterday and didn't press accept ......

[gersemi] 07/7/2017 07:10

If only I had kept hold of these!

[ilovefrogs] 21/6/2017 18:54

Deadly - I agree. Totally overdone, even given the falling oil price. Stock could well be on about 5x this years earnings now, with the legal issues largely behind them. Definitely a buy here.

[deadly] 12/6/2017 16:23

Surely the fall is overdone?
The TU said: "the Group's full year performance for 2017 will be materially ahead of its previous expectations",

even if the outlook for 2018 is less rosy at present, but that may improve.

[ferries5] 05/6/2017 07:39

Contract Wins but with a 2018 warning.

[flagon] 09/5/2017 13:12

Trading update due tomorrow ... should be positive I think. GLA

[napoleon 14th] 23/4/2017 02:10

So shareholders are expected to share the pain?
Have the board participated with reduced emoluments?

[hpcg] 30/3/2017 18:54

When oil services come back the start of that curve is the sweet spot for investors. Costs are low, including expansion costs, and margins start to broaden out. It is only further in to the cycle that costs start to catch up as skilled labour diminishes. This could be a brutal cycle for that as boomers have probably left permanently. Of course if it goes up too far too fast then I'll have to trade out, but that will clearly be wave 1 and wave 3 will be the big one.

[qs99] 30/3/2017 16:13

indeed hpcg, am enjoying the ride and given earnings potential / forecasts am hoping to see £3-4 before I look to off load. GlA
cheers

[hpcg] 30/3/2017 15:59

I would say this is an archetype for a share where the market takes time to assimilate new information. In addition because of the fall there will be a ready supply of shares for people who wish to get out flat. Whilst I expect this rate of appreciation to slow there is still a big valuation gap to work through. A marvellously quiet message board, not just since results and the settlement, but well before then, suggests plenty of scope for people to "discover" the anomaly.

[qs99] 30/3/2017 14:28

I agree and am in for the ride. it talks of a "strong 2017" and with net debt reducing, yield should start rising IMO and equity will start moving...GLA

[hpcg] 28/3/2017 20:42

Two year view, if there is a recovery in oil services, is 100%. I would say 50% should arise gradually in short order. Cyclical stocks should have high PEs at bottom of the cycle and low PEs at the top. This has a low PE at the bottom.

[hpcg] 23/3/2017 11:43

It was priced for something approaching a worst case eventuality. One of the benefits of its constraints is that it has had to be effective and efficient. So the performance of its operations has not been reflected in the share price.

[liberatingsteptoe] 23/3/2017 11:31

Perhaps we should ask the board to cut the dividend more often.........
LS

[flagon] 16/3/2017 12:30

From Malcy this morning -

Cape produced an excellent set of figures marred only by the cut in the divvi, normally one would blame longer term concerns over cover or even cash flow but here neither can be blamed. It is surely one of the rare occasions when a board cuts from a position of strength, or as the Chairman put it to me, we think we can do better with the money than shareholders can…. Very happy with record order book, great performance in Asia Pacific and tidying up litigation, less happy with the UK, which should improve when BP sign up again and their comment that margins would likely have peaked last year. Still a huge fan of Joe Oatley and team who will look after your money better than most and indeed think somewhat better than you can.

Link ->

[napoleon 14th] 16/3/2017 09:16

Long this a.m.
Breakout looks promising.....
Target 260 on chart?

[duncan doughnut] 16/3/2017 08:55

Nice to see my Cape getting a big upgrade today, I have stuck with these and they will do me proud soon I think.

[hpcg] 15/3/2017 16:55

Bearing in mind their end markets I thought the results were excellent. Much of the downside was baked into the price, indeed probably some discounting for worse scenarios. 3.5% yield at 200p perfectly attractive to income seekers too.