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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Cartucho | CTGP | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 3.75 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 3.75 | 3.75 |
| Top Posts |
|---|
Posted at 22/2/2007 09:58 by rafas_reds I've bought and sold shares in this company mainly on the premise of the officemax contract and their capability to strike partnerships with major retailers however this is worth a look at the company below are listed on cartucho.com as the company cartucho choose to sell their kiosks to I wonder what ctgp involvement is, it would tie in with the introduction of the compact, if they are selling any of their kiosks.... |
Posted at 17/11/2006 19:32 by knowing It's been a jittery time for Cartucho (CTGP), a developer and manufacturer of ink refill kiosks. The shares recently collapsed after the group said it had suspended roll-out of its kiosks with a major US customer due to service and support issues. Thankfully, the company said that the roll out had restarted and its shares jumped 2p to 5.625p. The remaining installations will take place during 2007. David Scanlan, one of the original founders who developed the concept of retail kiosk refilling, has been appointed as chief executive of the company's US subsidiary. |
Posted at 08/11/2006 09:58 by rafas_reds Simplistic maybe!! However why over complicate things the market that ctgp are in fundamentally has not changed ie competitors with more advanced equipment or OEM suppliers altering this market hasn't happened. Since ctgp floated the same risks still apply the ones that you mention that were highlighted in the prospectus ipo. What has changed as you rightly point out is the markets confidence in ctgp to deliver. This is primarily based upon service issues i.e engineers getting out within a prompt period and first point of call interaction with the callcentre also there would of been teething problems with any new hardware that only time could put right. Correct who knows what ultimatum officemax have delivered, however that the kiosks are still in place in nearly 400 outlets is surely testament to the working relationship that they have. If it was a total ballsup I'm sure officemax could of pulled the plug stating incompetence on ctgp part and that would of been it. In terms of betting against the market thats more of a generalisation stating that the markets always right. Eggs all in one basket no disputing that fact they need to keep officemax for the business to exist in it's present format. However if the company sole wish is to take a pot of money spend it then delist and purchase the equipment and ip rights for a nominal fee then that applies to most companies listed on aim without any institutional support unless you have a bunch of shareholders doing a cfe... OEM cartridges not expensive you are having a laugh, relative to disposable income maybe but in terms of what it costs for the actual ink thats some mark up and as the consumer becomes more aware of this is looking to seek better value. I can go out and buy bulk ink for next to nothing and any firm manufacturing/buying wholesale is in a position to offer seriously good value to the end user. That in itself allows the enduser to perhaps print more that in turn can drive the market. You seem to be taking the view that the hp/cannon/epson will squash the idea of kiosks and similar hardware. This is where i will have to agree to disagree with you looking at the market i feel that refill kiosks will be around for sometime although oem sales for the immediate future will have a sizable chunk of the market. It's just weather ctgp can put themselves in the best possible position to profit from this time will tell. The last rns stated an update in the near future this should pretty much give a boost to the share price if positive or if negative the price heads south. R.R |
Posted at 07/11/2006 22:24 by rafas_reds This is how i see things at the moment company floats stating that they are going to have xyz sales predominately from one customer via revenue sharing basis and look to pursue new business. Ctgp have problems with hardware mainly due to service/maintenance issues share price collapses. So if ctgp put out an update stating after a review of their service procedures officemax are happy to continue their partnership blah blah... The price moves upwards. Taken into account that this is an aim stock at an early stage it is going to be news driven and the market generally looks 12-18 months ahead. A friend of mine used to be involved with a couple of franchise c/worlds that he used to run and in terms of innovation things haven't changed much and as you rightly point out the consumer will always need to purchase oem equipment. My view is for the percentage of the market that ctgp have to gain for the company to be valued higher than it is at present is minuscule. Agree that the big boys can call the shots and epson are well renown for this type of thing and hp have made some noises as I'm sure you are aware. However i don't think it's that clear cut what type of outlets sell their consumables/hardware Cartridge no 338 One more question for you how much do you think a recon ce22 kiosk is worth trade? |
Posted at 06/11/2006 07:19 by rafas_reds They drill a hole for some cartridges not all though, from what i understand ctgp and officemax have a profit sharing agreement i.e the cost of the hardware is absorbed by ctgp and the revenue generated is split how I'm not sure but the word partnership leads me to believe that it is much more than a franchise return would be, they also sell kiosks outright.The company guarantees the quality of the product if customers are not satisfied they can have a full no quibbles refund. I have actually seen how the machine works they have six in sainsburys I got a cartridge fiiled up at loughborough in under five minutes. I agree there are problems thats why the co is valued at 1.8 mill and has allowed me to invest at this price. However I feel that the biggest problem is not refilling but the maintenance and servicing of the equipment also the training of employees, this is where the company will fail or succeed in my view. You are assuming that this kiosks cannot be upgraded to implement any new advances in the market as they arise. I hold at present whats your postion in this? malkie ps. (i do welcome your input) R.R |
Posted at 12/10/2006 07:53 by dibbs Still no hope in sight with CTGP. |
Posted at 14/2/2006 19:34 by dibbs Why the sudden breakout here with good volume and nice price move? I figure that either it is CTGP specific, contract win, overhang cleared or just stake building. Or, having looked at the Ink-O-Dem links and more, I wonder if the news surrounding their deal has opened peoples eyes to the prospects here?Sure you can take the news of competition in a negative way, but to hope that one company will take a whole world market is not realistic IMO. The market will be plenty large enough to allow a few players to prosper if the 1500 machine deal with Walgreens is anything to go by. With the first players having machines installed their competitors will look to follow. B&Q- Homebase or Tesco-Sainsbury all live in fear of each others new ideas and tend to follow each other pretty much regardless IMO. I think that if the kiosk market is at the point of the big boys placing orders then things could get quite interesting. Certainly developing well at the moment. Dibbs |
Posted at 26/1/2006 22:21 by dibbs Interesting move up today on only 10k volume. CTGP now broken out to a new high, if we move up tomorrow then I would expect a decent rise to follow. Keeping fingers crossed anyway.Dibbs |
Posted at 16/12/2005 07:54 by frank spencer epic is ctgp |
Posted at 30/11/2005 16:37 by frank spencer CartuchoCompany · Cartucho develops and manufactures leading-edge ink cartridge refill solutions. · The company has developed the world's most advanced ink cartridge refill kiosk for retailers. · Cartucho's refill kiosk allows consumers significant savings on ink (30-50% saving per refilled cartridge) while protecting retailer ink margins. · Cartucho has recently won a major multi-year contract to supply its kiosks to OfficeMax, the third largest US office supplies store chain. · OfficeMax has nearly 1000 stores in the USA and Cartucho will supply the majority of these with its ink refill kiosks by the end of 2006 · The company is also currently entering into trials with other national retail chains. Market · The worldwide ink jet cartridge market (new and refilled cartridges) is worth $22bn annually. It is growing by around 8% per annum because of an increase in the installed base of ink jet printers and an increase in home printing of digital photos and web pages. · Because of the high price of new ink cartridges, remanufactured (refilled) cartridges are rapidly increasing their share of the market and the refill market is now worth £4.4bn. Refilled cartridges are expected to account for 30% of all ink cartridge sales by 2009, up from 21% currently. · Large office supplies store chains are losing market share on ink sales to walk-in refill franchises, and the Cartucho ink refill kiosk is a perfect in-store solution for them. Valuation: · Cartucho is raising £10m at float to manufacture kiosks for the OfficeMax deal. The expected market cap at float is £25m to £30m. · Cartucho will profitable by January 2006 and the shares will be on a 2006 PE of just 4.3x, falling to 1.9x to 2007. · A 4.7% dividend yield is forecast for 2006 and the company is committed to progressive dividends. · The company's tax structure will enable a 15% tax rate going forward. · Our 2006 forecast incorporates only the Officemax deal and some individual kiosk sales. 2007 and 2008 each incorporate another OfficeMax-size contract win, which we believe is very achievable. This new issue is being launched next week by Collins Stewart. The risk is that they don't meet their sales targets, but seeing as most people in the western world have pc's at home, with printers, it would defy common sense if people didn't immediately switch to replacing the ink, as opposed to replacing the cartridge each time. It is environmentally friendly, cost effective for the user, and a simple, yet brilliant concept. The cartridges are compatible with the majority of the major printer providers, and the potential upside is vast. I have applied for some at float price, and intend to tuck them away for a while. |
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