Cellcast Share Discussion Threads

[topgunns] 10/2/2010 09:44

I'm going to call them, can i just check with you what deposit rate they asked for and what the longest contract was

[evaluate] 10/2/2010 09:30

They are listed in the index but they won't let you buy any.

I got my position via Spreadex.

[topgunns] 10/2/2010 09:24

Are they available on IG now?

[evaluate] 10/2/2010 09:17

Bought in today having missed out pre the recent jump because I couldn't get them through IG.

Looks like they have a very exciting year or two coming up.

[topgunns] 10/2/2010 09:05

Further consolidation before new highs I think.

[trixter] 10/2/2010 09:03

Agreed - excellent post Trent! Spot on.

[topgunns] 09/2/2010 23:38

Trent makes some excellent points to be fair. On to 13p.

[the analyst] 09/2/2010 22:41

Good points about the bad luck that

I would need more information to be able to truly judge things like the Brazil venture, the margins and the off-shore companies

But, I agree that sumo was very unfortunate

Ofcom and the EPG reshuffle were not due to anything the Directors did wrong, either. It's just way too easy to throw stones and blame absolutely everything that goes wrong on the guys in charge.

It's also a very good point about them not taking the company private.

Many here have suggested they might steal the company at low prices, but instead we have seen them starting to create value for shareholders. All credit to them for doing that and long may it continue

[trent harris] 09/2/2010 22:16

I really need to chime in here...

You all need to consider the reality that on top of everything, the management of this company really have had some terribly bad luck

They invested heavily in Sumo and produced a superb, creative, class-leading product. I know for a fact that they came within a whisker of selling it for more than £10m. Unfortunately, a few days before the deal was done, youtube announced they couldn't make a profit and the rest was history. Nobody here mentions this, why not, I ask myself?

Likewise, nobody could have predicted the reshuffle on the Sky EPG that caused so much damage to the company. That was bad luck. Or how about the ofcom announcements that caused even more damage than the reshuffle? The company have had to spend millions on addressing the ofcom issue and that has not been mentioned here. Not once!

So, instead, we get CR coming in and saying that ALL this bad luck is down to the management being dodgy. That's his opinion, but I don't think it is that simple.

The managers could easily have taken the company private a few months ago and banked all the profit, but they did not do that. Please take time to consider that, as it's an important point. They did not take the company private and steal from investors, when they could easily have done so at rock bottom prices

Amazingly, if we look CR, we have a similar theme!

Many call CR for being a pump and dump merchant. If he "just happens" (lol) to mention a share one day that he says he thinks is good value and it then "just happens" to go up in price to the level he thinks would make a good exit point, then what's the score with that. Why does he post after and not before investing? Of course, CR has done nothing wrong, but the fact that people follow him and invest AFTER he has done so and moving the price up in the process can look very bad. Is it coincidence, or dodgy? Again, different people will come to different conclusions

Look, most people here don't have an agenda in the way they use the boards, but please be aware of posters that trade more than invest, work the boards for a living and need taking with a pinch of salt

[the analyst] 09/2/2010 21:22

The take-home message is really that when the value of CAH is realised and CLTV end up with cash in the bank, investors need to look at the cash and balance it against the risk

So, whatever we end up with, whether it's 30p, 40p, 80p or whatever per share, then people might like to seriously look at taking at least some profit when that cash is transferred over to CLTV

[the analyst] 09/2/2010 21:19

Cheers CR, good post

You might not have visited the board much over the past couple of years, so you might not know that the issues with the Directors have been discussed ad nausium.

Most discussion has been very damning, so people should already be aware of the issues. But, I think it is still worth re-visiting the subject once in a while, just to remind ourselves of the history, especially right now where there may be newcomers to the thread. Thanks for that

Unlike you, I think talking to Directors is valuable

However, if you take that route, you do need the skills to detect lies. If you don't have those skills, then I agree, you are indeed better off not talking to them

In the case of CLTV, it has definitely been worth talking to the Directors, because in doing so, we discovered that they WERE UNABLE to justify or explain the margins or off-shore company payments. That was really worth knowing, imo and we published it here on the thread

[cockneyrebel] 09/2/2010 19:35

Yep, I don't know why I'm having the discussion really.

I posted here for two reasons:

1) I know what the directors have done time and again.

2) I know it's the sort of little thing HateTrader loves to ramp then sell - despite his protestations about anyone else doing the same.



The jam tommorrow dream is that CAH keep making millions and millions of $, year on year. They end up with a very profitable business and they sell it. CLTV get given a third of the cash and give it to the shareholders. At best that's a 2-3 year play. In the meantime you have to hold those shares in the hope that they don't warn in any way as they've done so admirably in the past.

Now the question marks against that are:

The directors have never been able to run a welk stall so why would they suddenly be able to now? In which case the UK will continue to drain on the business.

I've never known a small mobile phone related co move into a big market and start making money without competition moving in so whether they can keep making that money is questionable.

The directors have a track record as poor as you can find. My bet is if the Asia business did keep making money and it was coming to the UK in some form there would be a placing where they and their friend diluted the holdings of the private investor.

I've also never known an AIM stock that has performed this badly since floatation just turnaround and become a darling withouth major board changes.

the analyst - I make a point of not talking to directors as I prefer not to be lied to. A prerequisite to being a director in a Plc is to be able to lie well.

'There's none so blind as them that won't see' as the saying goes. History isn't a guarantee but it's the best guide to the future. Bolton might win the Prem next season but based on history the best bet would be to put your money on Man United. Now have a look at the directors history here and place your bet.

Ok, if you're HateTrader or one of his type you might be able to ramp it enough to get out a few pence higher and dump the baby on someone else but my bet is HateTrader and his type are gone before too long (he'll have some reason like he had in WET for leaving tho).

I hope those holding make a killing, I hope I'm wrong. It will be the first time I've seen directors converted on the road to Damascus from utter defunctionals into marvelous businessmen.

I'll have a little bet tho that ultimately these will give shareholders a lot of grief and the guy dumping 1.1m on Friday at 5p knows the directors as well as I do.


Ignore what I say but at least go through the RNS's from this co in the past if you do nothing else imo - it might just save you a packet if you can open your eyes to the possibility that I might just be telling you the truth about the directors past rather than here just to deramp it.


CR

[slm2009] 09/2/2010 18:01

CR: CLTV UK ops do make money but it ends up in boys at the top pocket, either via Wages or Via fee for special services two companies provide which director own........they not stupid and I guess samething will happen to any money if they get from CAH. Best thing in all this right now is as you said they cant get hold of that money and as CAH value grows hopefully that will reflect on CLTV and its share price will rise purely due to CAH. ALBA (I HOPE I GOT THE NAME RIGHT) and ARM senario comes to mind......imho...dyor.

[trixter] 09/2/2010 17:52

analyst - I am surprised they have not needed extra cash yet, given the significant expansion in UK ops. Does that signal good cash generation from existing businesses? Where did they get the cash for channel exapnsion etc.?

[the analyst] 09/2/2010 17:43

"it won't matter how much CAH are making the UK division won't get their hands on that money unless CAH pay out a huge divi or sell the business"

Hi CR, I don't know when you last spoke to any of the Directors, but last time I discussed it with them, selling/floating CAH was the long-term exit plan being discussed. So, yes, in all likelihood, that would result in a huge lump sum going to CLTV or directly to shareholders

The Directors own just under 30% of the company, so the thought of distributing the money via a one-off dividend could be very attractive to them. The likelihood of that happening is probably strengthened due to the fact that the directors are not getting any younger and we are coming out of a tough recession. I think they may well be tempted to distribute a big dividend

On the subject of a placing, I would be happy for that to happen at these levels if it means they can trade profitably and be debt free at the same time. It might also give them the cash to acquire competitors in the UK market and profit from the extra margins that would produce

A placing would reduce the risk in investing considerably, yet there would still be a potentially huge upside in CAH.

All good, imo

[cockneyrebel] 09/2/2010 16:13

HateTrader - once again I've bought no CLTV and I won't be until the directors have gone and they've had a fund raising - and even then I doubt I'd be a buyer.

Why is it that anyone posts a slight opposite case to yours on any stock and you go into some character assination?

Did anyone else post on here about the 1.1m (1.3% odd) sold way under the market price? You certainly never mentioned it in your balanced commentary.

CR

[topgunns] 09/2/2010 16:08

As is clear from the analysts posts, we are looking to sell between 20p and 50p. At just over 5p currently, we are an optimistic bunch!

[topgunns] 09/2/2010 15:51

Enough sniping please. I have no problem with bears or bulls. I just don't want to hear about problems on other boards or personal comments (however correct/incorrect they may be).

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