Cellcast Share Discussion Threads

[strawberryfields] 29/4/2010 09:28

lyonst5 - 29 Apr'10 - 09:23 - 2864 of 2864

It's a result of the sub division of shares on the 30 July 2009. Check the RNS.

Only a small number of warrants here and the company get a little cash thrown in.

Back to business!

[lyonst5] 29/4/2010 09:23

Well i'm a little lost with the rns as well.

from 02/07/2007 rns

"Headstart has been issued five year warrants in respect of 2,000,000 Ordinary
Shares of the Company at an exercise price of 8.8 pence per share."

[someuwin] 29/4/2010 09:21

...Nothing exciting. Headstart have converted 500,000 warrants to shares.

So the company receives £13,750 and the shares in issue increases from roughly 75.5m to 76m (0.6% dilution).

[watchout2] 29/4/2010 09:09

Not sure what to make of that Rns ?

[28shaila09] 28/4/2010 23:19

Also remember Indian market is still 2g and 3G is yet to come!

[trent harris] 28/4/2010 19:19

I stand by my target of 50p per share based on the following assumptions:

1 - revenue growth drops to 75% in 2010 from 400% in H2 2009
2 - margins increase slightly as more drops through to the bottom line
3 - a PE of 20x 2010 earnings is given to the company
4 - an exchange rate of $1.55 to the pound
5 - the directors continue to act in the interests of all holders

It's perfectly possible that they might keep growing revenue at over 100%, in which case, my targets would be well and truly blown away. If they do, then I could see 100p per share by the end of 2010

[strawberryfields] 28/4/2010 17:52

Hi

Been thinking about a 6/12 month target for these.

If the growth continues in CAH (no reason why not, Indian market adding 10m subscribers each month) then a conservative value might be 100m.

CLTV's stake would therefore be worth just shy of 40m or around 50p a share.

Taking a longer term view, maybe 250m for CAH if the subscriber growth continues or 125p a CLTV share.

It's important to appreciate that CAH last results were achieved in the middle of the biggest recession for decades, which is even the more remarkable considering the growth stated. Therefore, it's reasonable to state that CAH is recession proof.

Can't see what can stop the share price now?

Want to add but simply don't have any more money right now and that's so frustrating.

[philjeans] 27/4/2010 11:26

Irrespective of WHO is selling/buying; shares go up because investors believe higher profits are being earned than the share price indicates.

More buyers are clearly now evident; and they believe the business is doing better than the price of the business suggests.

Hold tight.

[28shaila09] 27/4/2010 10:38

tg : It was 7.625p on 4/2/10.

[topgunns] 27/4/2010 10:24

I think the old intraday high was right around here.

[watchout2] 27/4/2010 09:21

Very short market makers currently.

Bidding 6.85p on a 6.5-7p spread.

[someuwin] 27/4/2010 09:15

Looks like it wants to go higher.

[nickcduk] 27/4/2010 08:39

Get the feeling with Craven unloading stock again we might mark time for a while. Would be useful if we could get an institution to clear out his holding.

[simonparker5] 27/4/2010 08:27

Two buys at a premium to start the day off.

[clocktower] 26/4/2010 16:44

Its not Craven I would worry about - it is Mike Neville.

[clocktower] 26/4/2010 16:44

Its not Craven I would worry about - it is Mike Neville.

[topgunns] 26/4/2010 14:43

I'm not really bothered what this craven guy does. He bought on the way down and is selling on the way up. Not really worth following is he.

[nickcduk] 26/4/2010 14:39

CLTV is a better bet but Craven can't really sell LNG. If he does he will trash the price even more and face further margin calls.

[28shaila09] 26/4/2010 14:22

nick: I thought CLTV is better bet than LNG if all works out, dont you think?

[nickcduk] 26/4/2010 14:18

Get the feeling Craven is facing margin calls on his LNG position and selling CLTV to meet them.

[28shaila09] 26/4/2010 14:14

Clock : I know what you mean. I still don't trust UK Managment they are in for them selves only, no matter who says what. CAH is the only reason for current move and I hope UK management don't turn this into a shamble like CLTV and keep feeding their pocket some how, like via SMS etc......IMHO...DYOR.


It does make me wonder why NC selling it so aggressively just when CLTV via CAH looking good. For a Billionair this must be a small change? all imho.

[kiop] 26/4/2010 13:51

There is a buyer though..News looking very likely..

[watchout2] 26/4/2010 13:50

Craven has dropped almost another million.

Looks like he is getting out completely ???

[simonparker5] 26/4/2010 13:50

Well if Craven can offload at this rate and the price rise like ithas then someone wants these big style.

[someuwin] 26/4/2010 13:49

Holding(s) in Company


TIDMCLTV

RNS Number : 7914K
Cellcast plc
26 April 2010

?
26 April 2010
Cellcast plc
("Cellcast" or the "Company")

Holding(s) in Company

Cellcast plc announces that on 26 April 2010 it received notification from Neil
Craven that he now has an interest in 10,337,391 ordinary shares in the Company,
representing approximately 13.69% of the issued ordinary share capital of the
Company.