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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Care Reit Plc | CRT | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 1.00 | 1.22% | 83.30 | 16:04:05 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 82.50 | 82.50 | 83.60 | 83.30 | 82.30 |
| Industry Sector |
|---|
| REAL ESTATE |
| Top Posts |
|---|
Posted at 24/4/2007 16:46 by shampton Interesting that, given the relatively hectic activity today, there were no more trades after the 750k one went through about 15:30 - presumably this order was given to MM some time before then anyway...Scribbler - I was fairly sure there is a de facto closed period - even if you get around it somehow doesn't mean it doesn't exist. However I am not a co sec. fool.co.uk define it as: Close Period: The period between the balance sheet date and the day a company announces its results. During this time, when the company is calculating its results, it does not normally communicate with investors and directors are not able to buy or sell their shares Incademy describe it as: The closed period Directors are not able to buy or sell shares in their company for two months before the announcement of results. This is known as the company's 'closed period'. There is sometimes a flurry of activity in directors' dealings just before the start of the closed period, and just after it has finished, and at both times the dealings may have heightened significance: Directors' dealings just before the closed period indicate how they think the results will turn out. If they are buying shares, they think the results will exceed market expectations. If they are selling, they think the results will disappoint the market. At the end of the closed period the directors will have had a minimum two months in which they have watched the company's progress but been unable to deal. If they take the chance to acquire or dispose of shares at the end of the closed period, it is a fair sign of how the company has been doing. |
Posted at 18/1/2007 15:45 by blueday55 my view is thay have nout left but there are a couple of big investors here who have been buying shares. if they have a good idea you may just get lucky. |
Posted at 18/1/2007 15:42 by vialli123 i would like some advice i am a investor in CRT have they anything thing left,do we sell now or wait, anyone know. please just people who know!! |
Posted at 08/11/2006 11:54 by inod Here they are playing games again, giving an even tigher spread to make mug investors think this stock is liquid. The spread will go to about 10%, until they have enough mugs buying and then they'll take it back to 40% again and freeze anyone who has bought back out. |
Posted at 29/10/2006 12:56 by safman interesting to see a few articles over the weekend.. with regards to AIM floatations being of poor quality.. small mention of CRT..rather, perhaps more on the RTO stuff with shells on the mkt place.. "Notable failures for new-issue investors on AIM in recent times have include lottery operator Chariot, scandal-plagued Langbar, energy explorer Wham Energy and BetonSports - which Evolution itself brought to market." saffy.. |
Posted at 25/10/2006 14:36 by p-m but what about russian investors.. 5p by yesterday.. how can this be so? surely sour grapes are now ripe grapes. This would never happen at Toiletry. |
Posted at 04/9/2006 10:56 by tootingbecks The failure of this company had nothing to do with the ads. The business model was completely insane, completely deluded. The level incompetence is not clear but certainly a couple of newspaper articles hinted. Once the investors were in it seems substantial "backdated" wages and bonuses were paid out, followed by an announcement of huge options, followed by the payoff. There were certainly some big winners, but not the investors, the charities or the players. |
Posted at 05/6/2006 14:13 by siwel100 RBonnier...Both the concept and the strategy have failed. There will be no bid as the lottery licence is not transferrable. The company has run out of money and has two options, raise funds or liquidate. To raise funds they have to convince the current investors that they have a new concept and strategy that will at least provide a return on the new monies. Considering the spectacular nature of the failure that is something of an uphill task. The least that would be demanded is a complete change of management. Unfortunately the various contractual agreements mean that the cost of management replacement would swallow any funds raised. That means its a straight choice for investors, back the current management with more money or let it go under. So either its bust in a month or so little money is put in that its bust in 3 months. |
Posted at 03/6/2006 12:40 by coxsmn The problem is the company hasn't got any cash left. Unless major investors are propared to risk more money then they will shortly be going out of business. The major investors have just been badly stung by this company and its hard to see them wanting to risk further money in some new scheme. What are the directors prepared to risk themselves?, I don't think they are mortgaging their own houses to try and raise more capital and why not, because its too risky. I personally think the major investors will pass on this one. Sometimes you've just got to say enoughs enough. |
Posted at 03/6/2006 09:36 by safman Rival lottery firm hits financial crisisBy Susie Mesure Published: 03 June 2006 A rival to the National Lottery that styled itself the "draw for the unlucky" when it launched four weeks ago has proved to be even unluckier for the investors who backed the company behind it. Chariot, which operates the Monday charity lottery, yesterday dropped a bombshell on its shareholders when it revealed it was close to collapse less than four months after listing on AIM, London's junior stock market. The company admitted it was running out of money and warned it was planning an urgent cash call at a vast discount to the value of its stock. It blamed a lack of interest in Monday, which had hoped to attract players by offering them much better odds on much smaller prizes than the National Lottery. It also promised the internet-based lottery would be much more generous than its bigger rival, paying 30p of every £1 waged to its charity partners, or 2 per cent more than Camelot. In February, Chariot raised £9.6m from investors including Fidelity International and New Star Asset Management to fund the high-profile launch of its new lottery. Its shares listed on AIM at 115p and quickly soared to a peak of 210p, which gave the company a market valuation of £29m. Yesterday it said it would be issuing an unquantified number of new shares at 5p a throw - 77 per cent less than the level its shares closed at on Thursday. The stock fell from 21.5p to 8p, valuing Chariot at a shade over £1m. It is not clear how much money the company will need to raise to stay afloat. City traders have been watching the company's plummeting share price with growing alarm over the past few weeks. Even before yesterday's announcement, the stock had fallen by three-quarters in the past two weeks, yet the company had not provided any explanation. In a stock exchange statement yesterday, Chariot said ticket sales and income generated were way behind expectations, which meant it could not fund its original business plan. In the four lottery draws held since 8 May, it has sold 1.68 million tickets. This compared with expectations at its launch it would sell 5 million a week. At a minimum, it needed to sell 2 million weekly tickets to break even. Its promises of raising £150m a year for its 70-odd charity partners, which include Barnardo's and the National Autistic Society, have also fallen far short of expectations. It has raised £520,000 for the 20 charities participating in its four draws so far, yet on its original maths it should have raised almost £12m for them by now. Chariot spent £8m marketing the Monday lottery in a national television advertising campaign. Monday has been plagued by disappointment since its launch when technical problems - ironically due to higher-than-anticipa Peter Jones, Chariot's deputy chairman, who also chairs the Tote, said the draw on 5 June would go ahead as the money waged by players was ring-fenced from the company's finances. "The consumer is not affected by this whatsoever," he added. The past month has seen several huge jackpots on offer from Camelot of up to £18m, which industry observers believe has sucked dry all lottery appetite among prospective punters. Chariot is meeting its investors to gauge whether they will back its attempt to concoct a new business plan. Not backing the cash call will effectively pull the plug on the business. Key numbers April 2003: Suzanne Counsell, a charity worker, founded Chariot with the aim of giving more money to charities than the National Lottery. 6 February 2006: Chariot listed on the Alternative Investment Market, selling 8.4 million new shares to investors at 115p per share. 21 April 2006: Shares peak at 210p, valuing Chariot at £29m. More than 50 charities are signed up to benefit from the new game. 8 May 2006: First lottery game suffers technical problems. Ticket sales disappoint. Shares begin to slide amid a dispute over the grant of free shares for directors. 2 June 2006: With its shares at 21.5p, Chariot admits it is running out of cash. Prepares to ask investors to subscribe to new shares at just 5p. A rival to the National Lottery that styled itself the "draw for the unlucky" when it launched four weeks ago has proved to be even unluckier for the investors who backed the company behind it. Chariot, which operates the Monday charity lottery, yesterday dropped a bombshell on its shareholders when it revealed it was close to collapse less than four months after listing on AIM, London's junior stock market. The company admitted it was running out of money and warned it was planning an urgent cash call at a vast discount to the value of its stock. It blamed a lack of interest in Monday, which had hoped to attract players by offering them much better odds on much smaller prizes than the National Lottery. It also promised the internet-based lottery would be much more generous than its bigger rival, paying 30p of every £1 waged to its charity partners, or 2 per cent more than Camelot. In February, Chariot raised £9.6m from investors including Fidelity International and New Star Asset Management to fund the high-profile launch of its new lottery. Its shares listed on AIM at 115p and quickly soared to a peak of 210p, which gave the company a market valuation of £29m. Yesterday it said it would be issuing an unquantified number of new shares at 5p a throw - 77 per cent less than the level its shares closed at on Thursday. The stock fell from 21.5p to 8p, valuing Chariot at a shade over £1m. It is not clear how much money the company will need to raise to stay afloat. City traders have been watching the company's plummeting share price with growing alarm over the past few weeks. Even before yesterday's announcement, the stock had fallen by three-quarters in the past two weeks, yet the company had not provided any explanation. In a stock exchange statement yesterday, Chariot said ticket sales and income generated were way behind expectations, which meant it could not fund its original business plan. In the four lottery draws held since 8 May, it has sold 1.68 million tickets. This compared with expectations at its launch it would sell 5 million a week. At a minimum, it needed to sell 2 million weekly tickets to break even. Its promises of raising £150m a year for its 70-odd charity partners, which include Barnardo's and the National Autistic Society, have also fallen far short of expectations. It has raised £520,000 for the 20 charities participating in its four draws so far, yet on its original maths it should have raised almost £12m for them by now. Chariot spent £8m marketing the Monday lottery in a national television advertising campaign. Monday has been plagued by disappointment since its launch when technical problems - ironically due to higher-than-anticipa Peter Jones, Chariot's deputy chairman, who also chairs the Tote, said the draw on 5 June would go ahead as the money waged by players was ring-fenced from the company's finances. "The consumer is not affected by this whatsoever," he added. The past month has seen several huge jackpots on offer from Camelot of up to £18m, which industry observers believe has sucked dry all lottery appetite among prospective punters. Chariot is meeting its investors to gauge whether they will back its attempt to concoct a new business plan. Not backing the cash call will effectively pull the plug on the business. Key numbers April 2003: Suzanne Counsell, a charity worker, founded Chariot with the aim of giving more money to charities than the National Lottery. 6 February 2006: Chariot listed on the Alternative Investment Market, selling 8.4 million new shares to investors at 115p per share. 21 April 2006: Shares peak at 210p, valuing Chariot at £29m. More than 50 charities are signed up to benefit from the new game. 8 May 2006: First lottery game suffers technical problems. Ticket sales disappoint. Shares begin to slide amid a dispute over the grant of free shares for directors. 2 June 2006: With its shares at 21.5p, Chariot admits it is running out of cash. Prepares to ask investors to subscribe to new shares at just 5p saffy.. |
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