Celadon Pharmaceuticals Share Discussion Threads

[greycioud] 12/11/2008 20:00

Were you a maths teacher??

[dr jekyll] 12/11/2008 09:28

Up every day so far this week probably thanks to the IC article. From 1p to 4.25p is pretty good going admittedly from a very low base. Now wish I had bought some at 1p which I was considering :( Would have trebled my money already. Unfortunately, I have a long way to go to break even but this is a positive move in the right direction.

[dr jekyll] 11/11/2008 13:16

Repaying banks?

Very little buying is causing a tick up which is pretty good considering the state of the market today.

[littlemadam] 11/11/2008 10:31

How many shares did CYC sell? I wonder what happened to the money?

[hoots mon] 11/11/2008 08:51

Investors Chronicle's Nigel Bolitho said Buy Sweet China at this bombed out price on Friday.

[fludde] 07/11/2008 14:15

Hilly- you should post more often if this is the effect you have on the share price

[hillyfields] 06/11/2008 10:15

Interesting that their Chocolate supplier sees no need to raise prices at the moment,CEO said today as reported on ADVFN

[fludde] 31/10/2008 08:57

Add mine to make that 3 kilos!

[william-just] 31/10/2008 08:54

Well i'm lucky to get a gram a month so some one out there is eating 2 kilos.

[fludde] 31/10/2008 08:38

"... Finally, I would like to take this opportunity to thank all our shareholders for their continued support..."

Hobsons choice pal.

Interesting to note that in the UK that every man woman and child eats almost a kilo of chocolate every month. But obesity is genetic...... yeah right!

[hoots mon] 28/10/2008 16:58

Sweet China were on T1PS' Trading Places last week, here is the link on youtube

[fludde] 16/10/2008 15:35

By the way, if you are suggesting almost all the public companies in the world have lost 99% of their value I will take issue with you and say that simply is not true.

[fludde] 16/10/2008 15:31

Hoots- if 99.9999999% of the companies in the world have taken investor capital and reduced it to less than 1% of its capital worth in the space of a couple of years, then yes I would say sack all those directors too and investigate to see if there is a case for fraud.

[hoots mon] 16/10/2008 13:28

Story by Robert Tyerman



Companies: SWC

10/10/2008

Confectionery and chocolates supplier Sweet China is poised for another acquisition despite its recent share price plunge.

Martin Frost, chairman of AIM-quoted Sweet China, which recently bought Hong Kong-based sweets supplier Essential Box, is bitter about the savage markdown of its shares triggered by the recent Melamin contamination of milk powder in China. But he and chief executive officer David Zulman say they are determined to press on with acquisitions to move the company into direct production and sales to the potentially huge mainland Chinese chocolate market.

London-headquartered Sweet China, which raised £2 million at 9p at the time of the Essential Box purchase, has seen its shares tumble to a mere 1.5p, despite issuing public assurances that the chocolate it uses, sourced from world leader Barry Callebaut of Switzerland, has repeatedly tested negatively for Melamin. The Chinese authorities have also given Sweet China's chocolate a clean of bill of health, points out Frost.

Sales rose 32 per cent in the first four months of the current financial year, says Frost, adding that Essential Box is thriving under its recently appointed chief executive officer, Connie Leung, formerly of the Ferrero group. Although Sweet China's full-year results will show a substantial loss because of the Essential Box acquisition costs, the figures are also expected to show satisfactory operational progress.

Fans suggest the company, which in June added Orbis Equity Partners as joint broker along with nominated adviser Zimmerman Adams and Hichens Harrison, could even benefit from the present economic and investment downturns in two ways. First, chocolates represent cheap treats appropriate for hard times and, secondly, potential acquisition targets are now much cheaper.

If so, Sweet China could fare better than some of its sector peers.

[hoots mon] 16/10/2008 13:16

Are you going to suggest that for 99.9999999999% of companies listed on stock markets around the world??

[fludde] 15/10/2008 07:55

Time for a new board of directors. Anyone who can take their investors money and wipe out 99% of its value should be sacked and then investigated for fraud to make sure they did not benefit from their incompetence.

[fludde] 08/10/2008 08:52

It looks as if we are continuing to self destruct.

We are living the self fulfilling prophecy- everything is going down the tubes so we sell up and ensure that everything does go down the tubes.

If it ain't broke don't fix it- but as the government are trying to fix it, boy it must be really broke; so we get out while we can and the problem they are trying to fix becomes a different problem.

If anyone bothered to look- sorry if EVERYONE bothered to look at the problem and rationalise it we would leave the banking stocks alone for 6 months and come back later to see how our investments were doing. Unfortunately the usual conflict of fear and greed drive so many investors that the emotional turmoil will continue for some time to come.

So can governments fix the problem? Not really- they can put an infrastructure in place and we the investors will decide if we feel confident enough to behave rationally. If, en masse, we don't feel confident then the turmoil will continue- for a while at least.

Ignoring the safety net arrangements, what I really want to know is should my bank fail, why is it possible to lose my savings but impossible to lose my mortgage?

[hoots mon] 01/10/2008 14:35

My broker also sent me this the other week:

11 Sep 2008 15:51 GMT =DJ INTERVIEW: Sweet China Plans Major Asia Sweet Maker Tie Up

By Jason Douglas

Of DOW JONES NEWSWIRES

LONDON (Dow Jones)--Confectionery group Sweet China PLC (SWC.LN) is hoping soon to enter a joint venture with one of China's best-known sweet brands, beloved of the uppermost echelons of the ruling Communist Party, its chairman and chief executive both told Dow Jones Newswires Thursday.

The confectioner said it thinks it can reinvigorate the best-selling brand, which it declined to name, with new sweets and chocolates to sell in China.

"We want to take their famous product into new product categories," said Chairman Martin Frost.

Frost said the deal is one of several transactions Sweet China has in its pipeline for the next 18 months.

The company is looking to raise between GBP10 million and GBP20 million over the period to fund its plans, said Frost, with most of the money coming from Asia.

Sweet China originally listed in London as a shell company in 2005, with the intention of buying up Asian sweet makers. Delays meant its shares were suspended the following year, but it re-listed on London's junior Alternative Investment Market in February following the acquisition of Essential Box, and now sells luxury brand Jessica Walker, novelty brand Candycraft and Lings, the upmarket maker of Turkish delight and other traditional candies.

CEO David Zulman said he believes Chinese consumers' appetite for emulating their Western counterparts will extend to chocolate consumption. In China, the average yearly consumption of chocolate per person is a tiny 300 grams a year compared with 11 kilograms in the U.K.

Bigger rivals like Hershey Co. (HSY), Nestle SA (NESN.VX) and Cadbury PLC (CBRY.LN) are already present in China; Sweet China makes its sweets there but it sells them primarily in the U.S., Europe and Australia.

One promising market is China's 11 million weddings a year, said Zulman, where it's customary to give guests chocolates.

Company Web site: www.sweetchinaplc.com

-By Jason Douglas, Dow Jones Newswires; 44-20-7842-9272; [e-mail]