Castleton Technology Share Discussion Threads

[chimers] 24/10/2016 08:47

Another week of dumping it is then!!

[suneday] 21/10/2016 08:15

You may almost be getting there. Just another tiny step.

[chimers] 20/10/2016 16:03

Ok I will see if those mugs................ooops I mean wise investors of other peoples money at Sparrowhawk will take them at a set price.
Yeah tell them their "magic" shares Bert , you know the script.

[chimers] 20/10/2016 11:25

There is something well dodgy going on here with all these non stop sells at 65p.
Remember a while back and we had the same thing at 75p the exact same thing.
This imply s we will see it settle at 55p soon ready for the NEXT sell off ?

SMOKE AND MIRRORS springs to mind!!

[chimers] 20/10/2016 10:20

t will be yet another debt for equity swap being front run imo?
None of the debt holders want to told the shares for love or money it seems.
And its worse because they are ALL company insiders (management)
They look to be offloading as quick as they can before the NEXT bombshell if you ask me.
And who would know better as to what might be coming ?

Hmmmm

[chimers] 20/10/2016 10:19

You see folks when the market the instis the net worthers and the imbecile punters like me haha............when we all see an RNS telling us a Director quit on the spot with no explanation and immediate effect then..............WE KNOW WHATS COMING.

I mean , you didnt think it was a good thing did you lol ?
Or did you think nobody would notice

[chimers] 19/10/2016 13:31

Gosh who woulda thought eh...............

LONDON (Alliance News) - Oxford Technology Management reported Wednesday a reduction in net asset value across all four of its London-listed venture capital funds in the first half of their financial years.

Oxford Technology VCT PLC reported its NAV per share reduced to 59.7 pence from 61.2p in the six months to August 31, as the fund's net assets dropped to GBP3.2 million at the end of the period, down from GBP3.3 million at February 29.

The fund reported a total NAV return per share of 113.7p in the six month period. The share price of the fund slipped to 38.0p at August 31 from 40.5p at February 29.

Shares in Oxford Technology VCT were untraded at 42.87p Wednesday.

Chairman Alex Starling noted over 85% of Oxford Technology VCT's net asset value is bound up in holdings in private company Select Technology Ltd and AIM-listed biotechnology company Scancell Holdings PLC. Starling said recent changes to qualification conditions for being a venture capital trust will not be an issue for the fund as it is not looking to invest in any new companies.

Oxford Technology 2 VCT PLC reported its NAV per share dipped to 28.0p from 28.2p over the six months to August 31, with net assets broadly flat at GBP1.9 million.

Total NAV return per share in the fund was 41.0p. The share price of Oxford Technology 2 rose to 22.0p at August 31 from 20.0p at February 29.

Shares in Oxford Technology VCT 2 were untraded at 18.43p Wednesday.

Oxford Technology VCT 3 PLC's NAV per share fell to 87.3p from 101.6p over the six months to August 31, as net assets declined to GBP5.9 million from GBP6.9 million.

The fund produced a total NAV return per share for the period of 119.3p. The share price of Oxford Technology 3 fell to 57.5p at August 31 from 62.5p at February 29.

Shares in Oxford Technology VCT 3 were untraded at 50.00p Wednesday.

Oxford Technology VCT 4 PLC reported its NAV per share declined slightly to 66.5p from 66.8p over the six months to August 31, with net assets broadly flat at GBP7.7 million. The fund's total NAV return per share for the period was 103.5p. The share price of Oxford Technology 4 fell to 47.0p at August 31 from 52.0p at February 29.

Shares in Oxford Technology VCT 4 were untraded at 45.0p Wednesday.

Oxford Technology VCT 4 Chairman David Livesley noted minor rises in the value of some of the fund's portfolio companies had been more than offset by a fall in the share price of Castleton Technology PLC over the period

[chimers] 18/10/2016 23:28

I agree and would say that there is someone dumping stock in what looks like a large sell order being filled.
It could be an insti or it could be people who got the 40p shares escaping as they expect worse to come?
Could be pre selling or front running of a debt /equity swap.
Either way the steady selling has been going on for some time now and in no way can that be construed as being a good thing.
Large amounts of staff ='s large amounts of wages which have to be found each and every week.
Bigger offices ='s bigger rents and associated costs.
Will this become a winter of discontent? well it could very well be.
With all the uncertainty in the world right now I wouldnt want to be holding any shares let alone AIM shares that are hard to sell in quantity when the dam breaks.
CTP should survive in one form or another but things are getting tough and the hopes we all had for this one have to be lowered significantly due to the strange happenings at boardroom level and the sudden and sharp drops in the share price.
Its all about limiting the risk in the current circumstances.
Good luck if you hold

[chimers] 18/10/2016 23:28

Wow you spend an awful lot of your time talking about me and referring to me for someone who is supposedly ignoring me.
I wonder how many sells there will be tomorrow ?

[tradermel] 18/10/2016 12:19

Adascogne
17 Oct '16 - 13:44 - 3281 of 3287    0   0
Beware Of The Troll !

No just filter the fool. Any idiot can see its someone with some weird grudge, wasting his life like a sad little moron.

[chimers] 17/10/2016 13:47

I agree and would say that there is someone dumping stock in what looks like a large sell order being filled.
It could be an insti or it could be people who got the 40p shares escaping as they expect worse to come?
Could be pre selling or front running of a debt /equity swap.
Either way the steady selling has been going on for some time now and in no way can that be construed as being a good thing.
Large amounts of staff ='s large amounts of wages which have to be found each and every week.
Bigger offices ='s bigger rents and associated costs.
Will this become a winter of discontent? well it could very well be.
With all the uncertainty in the world right now I wouldnt want to be holding any shares let alone AIM shares that are hard to sell in quantity when the dam breaks.
CTP should survive in one form or another but things are getting tough and the hopes we all had for this one have to be lowered significantly due to the strange happenings at boardroom level and the sudden and sharp drops in the share price.
Its all about limiting the risk in the current circumstances.
Good luck if you hold

[chimers] 17/10/2016 13:47

Dont ctp now have the extra burden of having to PAY Agile 365 staff which they had no choice in having to take onto their books!!

Not good.

[chimers] 17/10/2016 13:46

You see folks when the market the instis the net worthers and the imbecile punters like me haha............when we all see an RNS telling us a Director quit on the spot with no explanation and immediate effect then..............WE KNOW WHATS COMING.

I mean , you didnt think it was a good thing did you lol ?
Or did you think nobody would notice

[chimers] 17/10/2016 13:46

It will be yet another debt for equity swap being front run imo?
None of the debt holders want to told the shares for love or money it seems.
And its worse because they are ALL company insiders (management)
They look to be offloading as quick as they can before the NEXT bombshell if you ask me.
And who would know better as to what might be coming ?

Hmmmm

[chimers] 17/10/2016 13:45

You know there is one big thing here sticking out like a sore thumb .
Everytime I pop in here I see it and I know a fair bit about charting and I am on the fence regarding it however.................

Whether you like it or not the chart is screaming 40p
It has been screaming 40p for yonks.
And you know what...................I now think its going to get there.
It might take a few months or a year even but the chart is crystal clear to anyone except Stevie Wonder.
40

[chimers] 17/10/2016 13:45

Still lets take these results and look at them closely.
A company that has an £18 million pound turnover doth not warrant a listing anywhere in my opinion.
It is far to small and to scale this up so that it has a reasonable £100m turnover each year is going to be nigh on impossible in my opinion. .
This target is way way off the scale for tiny CTP which by their very own admission is a "niche" player in a "niche" market.
Being in a "niche" market is fine for a private company but for a PLC it points to the fact that it will be very hard to scale this company up into anything larger than it currently is.
PLC's have a lot of costs which a niche player simply cant afford and tiny CTP just is not worth a PLC listing.
It might be able to turn a profit if it was taken private and then perhaps earn a modest profit and living for its owners.
Listed companies need scale to survive and you simply dont find "scale" in a "niche" market.
EBITDA as we all know and agree is a pointless and meaningless metric.
What matters is net profitability and CTP are still making a net loss each year.
As the company says it is on target to be a nice little "niche" player which is fine but means growth is limited and investors need growth otherwise they invest elsewhere.
It is simply not setting the world on fire in the niche backwater that is social housing groups back office software services.
It will make far more sense to take this company private and save on all the broker fees and AIM fees etc.
Because I simply cant see where it will find the business and revenue to generate £100 million when it has the niche market it is in practically sewn up and cant break over £18 million turnover.
The company basically makes this point itself.
Good luck if you hold this on

[adascogne] 17/10/2016 13:44

Beware Of The Troll !
Beware Of The Troll !
Beware Of The Troll !

Definition of 'Troll':

One who posts a deliberately provocative message to a newsgroup or message board with the intention of causing maximum disruption and argument

This board has one.
It has it's own agenda.
This might be very different from your own.

Do Your OWN Research.

You have been warned.

[chimers] 17/10/2016 13:41

Still lets take these results and look at them closely.
A company that has an £18 million pound turnover doth not warrant a listing anywhere in my opinion.
It is far to small and to scale this up so that it has a reasonable £100m turnover each year is going to be nigh on impossible in my opinion. .
This target is way way off the scale for tiny CTP which by their very own admission is a "niche" player in a "niche" market.
Being in a "niche" market is fine for a private company but for a PLC it points to the fact that it will be very hard to scale this company up into anything larger than it currently is.
PLC's have a lot of costs which a niche player simply cant afford and tiny CTP just is not worth a PLC listing.
It might be able to turn a profit if it was taken private and then perhaps earn a modest profit and living for its owners.
Listed companies need scale to survive and you simply dont find "scale" in a "niche" market.
EBITDA as we all know and agree is a pointless and meaningless metric.
What matters is net profitability and CTP are still making a net loss each year.
As the company says it is on target to be a nice little "niche" player which is fine but means growth is limited and investors need growth otherwise they invest elsewhere.
It is simply not setting the world on fire in the niche backwater that is social housing groups back office software services.
It will make far more sense to take this company private and save on all the broker fees and AIM fees etc.
Because I simply cant see where it will find the business and revenue to generate £100 million when it has the niche market it is in practically sewn up and cant break over £18 million turnover.
The company basically makes this point itself.
Good luck if you hold this one

[chimers] 17/10/2016 13:38

You know there is one big thing here sticking out like a sore thumb .
Everytime I pop in here I see it and I know a fair bit about charting and I am on the fence regarding it however.................

Whether you like it or not the chart is screaming 40p
It has been screaming 40p for yonks.
And you know what...................I now think its going to get there.
It might take a few months or a year even but the chart is crystal clear to anyone except Stevie Wonder.
40p.

[chimers] 17/10/2016 13:38

Lambs to the slaughter , yet another angry hate trader trying to catch a falling knife!!"

Wont end well ;)

[chimers] 17/10/2016 12:54

FFS nothing but sell after sell after sell after sell here.
What is going on!?

WHAT is it that these insiders know that we dont?

This is the big question.

Hmmmm.
Not good