Castleton Technology Share Discussion Threads

[chimers] 20/2/2017 22:58

THIS...................is about to fall of a cliff for the FOURTH TIME.

Level 2 weakened considerably today and you mugs can buy as many as you want at 57p
Shame the directors use their contacts and get em at 53p eh lol.
1 mm was left at close with 7k shares at 56.5p and then it starts its next leg down.
There aint a rope long enough gonna get you out of this self dug hole.
Enjoy.

[joseph moran] 11/2/2017 23:30

Why does chimers want the price to drop?

[suneday] 10/2/2017 15:18

More ( and recurring ) revenue to come in on the accounts.
Catch you later!

[suneday] 10/2/2017 14:47

The deferred income, within the context of this company, nevertheless must relate to IT services ordered, and when provided will be moved and recognised in subsequent accounts as positive revenue.ie. they are probably ongoing advance payments or up front payments on recently awarded contracts.( set up fees )

[chimers] 10/2/2017 08:54

THIS IS WHY SLATER SOLD....


Here is what renowned ex accountant and share analyst and commentator Paul Scott had to say about CTP shares.
As its old news I hope he wont mind me repeating it here....

CTP the interim figures announced today look encouraging, until you look at the balance sheet, which looks very weak to me. NAV of £15.4m drops to negative -£18.4m after the £33.8m intangibles are written off.

Working capital seems very weak, with a current ratio of 0.55.

Note the deferred income, and borrowings are both quite high. So it looks like a business that is funded from favourable working capital (i.e. getting cash in from customers before it has to pay cash out), plus debt - that all looks a bit too precarious for my taste. So it's not for me.

[chimers] 09/2/2017 11:09

Lol yeah.......................course I am, says tradersmell aged 7.

[tradermel] 09/2/2017 11:08

You know it I know it Chimers

Your sad, pathetic, and still filtered.

Get a life saddo

[chimers] 09/2/2017 11:04

WHAT ARE THE MARGINS ON ALL THESE 600 CONTRACTS THEN ?

HEY................I KNOW WHAT THEY ARE ITS IN THE ACCOUNTS.

CLUE.....................PATHETIC.

[chimers] 09/2/2017 11:04

Whats that smell............?
Oh..........its trademel

[tradermel] 09/2/2017 11:03

Bloody hell Chimers how many accounts do you have? Its real sad logging into ADVFN on so many accounts to "like" your own posts to try and make it appear anyone agrees with you

One word description

PATHETIC

[chimers] 09/2/2017 10:36

WHAT ARE THE MARGINS ON ALL THESE 600 CONTRACTS THEN ?

HEY................I KNOW WHAT THEY ARE ITS IN THE ACCOUNTS.

CLUE.....................PATHETIC.

[chimers] 09/2/2017 10:35

Hmmm let me see I could buy this debt ridden dog which peaked ages ago and has been in a strong downward spiral ever since.
It operates in a "NICHE" market and has limited scope for growth as it has already saturated its micro niche marketplace.
It has a micro turnover/revenue of £18m which it is finding hard to expand on margins and profits are v ery slim and hard won.
It makes no profit to speak off and has one disaster after another being announced on a very regular basis and it has the best fund manager in the UK deciding enough is enough and heading for the exit pronto!!
It has a parent/investee company that is tarnished with scandal re RCN and all said and done it is very uninspiring.
I could buy into all of this for 56p.

OR.......................
I could buy into a company thats bouncing back strongly from moving out of past business into new income streams.
One that has about £50 to £60 MILLION pounds in hard cash and ZERO DEBT.
It is going to hit around £7 mill profits on about £55m turnover/revenues for the year.
The shares are hard to buy as they are very tightly held.
But buy them you can and for .................52p

Hmmmmm decisions..................

[chimers] 09/2/2017 10:34

Mark Slater invests his funds money where he see's it making a profit.
He sell's the duds and he rides the winners.

HE SOLD CTP.

YOU IGNORE THE 2016 TOP FUND MANAGER AND INVESTMENT GURU AT YOUR PERIL.

[chimers] 09/2/2017 10:32

The Barclays loan facility seems to have been extended and EXTENDED and EXTENDED

[suneday] 09/2/2017 10:26

Slater sells some shares and you get into a panic. Think 600 plus customers all rip up their contracts? And new ones coming in signing up for years on important and well-tried systems, without talking to other players in the field, and all that.

Phone the company, they'll put your mind at rest.

And management best leg it quick if they're going - they'll be starting to get the finals up together soon for the auditors.

[chimers] 09/2/2017 10:24

Hmmm let me see I could buy this debt ridden dog which peaked ages ago and has been in a strong downward spiral ever since.
It operates in a "NICHE" market and has limited scope for growth as it has already saturated its micro niche marketplace.
It has a micro turnover/revenue of £18m which it is finding hard to expand on margins and profits are v ery slim and hard won.
It makes no profit to speak off and has one disaster after another being announced on a very regular basis and it has the best fund manager in the UK deciding enough is enough and heading for the exit pronto!!
It has a parent/investee company that is tarnished with scandal re RCN and all said and done it is very uninspiring.
I could buy into all of this for 56p.

OR.......................
I could buy into a company thats bouncing back strongly from moving out of past business into new income streams.
One that has about £50 to £60 MILLION pounds in hard cash and ZERO DEBT.
It is going to hit around £7 mill profits on about £55m turnover/revenues for the year.
The shares are hard to buy as they are very tightly held.
But buy them you can and for .................52p

Hmmmmm decisions..................

[chimers] 09/2/2017 10:14

The slightest blip in receiving payments or cancelled contracts or no longer required contracts due to consolidation in the niche market has a tenfold knock on effect on CTP's balance sheet.
Its VERY WEAK balance sheet.
If it doesnt get paid then it cant pay its bills and very quickly becomes insolvent.
Only way out would be to create more debt.
Or dilute you again.
Houses built on DEBT very often get REPOSSESED.