Cello Health Share Discussion Threads

[santangello] 23/8/2010 19:24

14th looming large.

I expect PI's to add these in the run up to results (which will be VERY well received I am sure)

[santangello] 19/8/2010 09:50

.....added another 6500, couldn't resist..........

[interceptor2] 18/8/2010 17:46

Agree, maybe due to the sector and the statement today from ATG the market is in need of solid proof. Interims should supply this, and I hope to see strong cashflow as well.

If Interims are as solid as we expect, then I would expect a rapid re-rating.

Similar to you, I have made three purchases now for an average of 35.15p.

Regards ic2..........

[santangello] 18/8/2010 17:10

Results soon (14 Sep) and each (crazy) sell absorbed.

Did the sellers read the IMS??????? and brokers forecasts??????

Solid hold for me after several top ups, averaging 36.25p

[santangello] 08/8/2010 19:38

All solid buys on Friday.....can't wait for Monday am...................

[santangello] 05/8/2010 19:23

Buyers now being asked closer to the full ask again for every buy....next leg imminent......looking really good from here.

[interceptor2] 03/8/2010 16:33

Just topped up again for my full holding now, after seeing some profit taking today. Just a matter of waiting now for a good run up to interims next month and beyond.

ic2........

[interceptor2] 02/8/2010 19:20

On the verge of significant break out above 40p, could be a very interesting week.

Cheers ic2.......

[interceptor2] 02/8/2010 09:16

Hi GHF

I mainly use fundamentals to find and research a company, but I like to back it up with some chart analysis.

I thought the point made by Fingers xxd about watching for buys above 39.5p which may signal a move higher was interesting. Today has seen two purchases @ 39.97p and 40p.

I have already brought CLL on two ocassions, and still looking to buy my third purchase of shares.

Cheers ic2.......

[glasshalfull] 02/8/2010 08:45

Thanks Fingers xxd & ic2.


;-)


Regards,
GHF

[interceptor2] 31/7/2010 10:57

Fingers xxd

Thanks for taking the time to post on this thread, I have just left a message on the £1 thread. And as said there I will take your advice and use the WMA as well as EMA, and will be looking for any buying above 39.5p for confirmation of possible further advances.

Much appreciated ic2..........

[interceptor2] 30/7/2010 20:01

I think the chart looks to be very interesting at this time, with a breakout over 40p on the cards very soon. But also a golden cross is likely to occur next week using the 50/200ma, this in itself could attract new buyers who use these cross overs as a trade signal.

Im not a chartest but a poster called fingers xxd on the £1 thread is a well respected one, who I have asked to take a look. Hopefully he can spare the time to look into CLL and give his analysis.

I will let you know the outcome.

ic2........

[glasshalfull] 30/7/2010 08:22

Nice to see these ticking up over last week.

Tipped in this mornings IC, "Cello tuned, but with strings".

Bull Points:

Potential for digital advertising

Expanding research and consulting into the US

Good trading in first half

DIRECTORS BUYING SHARES

Bear Points:

Direct marketing side too focused

More asset write-downs possible


Regards,
GHF

[qs9] 22/7/2010 16:49

International element could be an interesting growth story for them. More emphasis than I have seen before. Debt coming down as well should help flip of value into the equity IMO

[stegrego] 22/7/2010 12:53

Cello Group (CLL, 35.5p, £21.80m) Trading update for the six months to June has confirmed good growth an anticipated "double-digit" operating growth for the period. While the UK has held up well but there is some nervousness regarding forthcoming public sector declines, the US has shown good growth and the group will invest in that area on the second half. Research and Consultancy has returned to like for like income growth, boosted by pharmaceuticals, health and overseas, sufficient to overcome any UK public spending fears and underline a confident second half. Cello's response communications business, Tangible, saw modest declines due to the public spending uncertainties – though private sector wins should aid H2 together with cost cutting last year to reduce the base and ensure significant progress on the previous full year outcome. We maintain the BUY recommendation with a 42.75p price target. (Julian Tolley)

[glasshalfull] 22/7/2010 09:16

Don't think I can add anything further.

Positive statement with the caveat of Public Sector work. They look cheap to me and I'm happy to hold for a re-rating which I think is a case of "when" rather than "if".

Regards
GHF

[qs9] 22/7/2010 08:58

Very good IMO, I think the tone of it was that private sector work outweighs falls in expected public sector work IMO...."good outcome" for the year me thinks could lead to upgrades later in the year if trading continues to be good. I agree, looks cheap, but that doesn't mean the market will pick it up!!

[interceptor2] 22/7/2010 08:21

The trading statement released this morning looks positive. The only note of caution is anticipated further declines in public sector income. But they seem confident of private sector work more than compensating. See extract below which also shows an impressive list of blue chip clients.

"New business activity has increased markedly, with notable major project wins
from Itv, GSK, Visa Europe, 3m, AG Barr, BA, Expedia, Heineken, Mars Petfood,
Unilever, Electronic Arts, Sony, Nokia, Adidas, Miele, Eurostar, MerckSerono,
HP, Canon, Epson, Brother, P&G Airwave and Green-works. As a result, the
division has a strong pipeline of committed work into the second half of the
year, which will more than offset the expected decline in public sector work."

Having stated they expect income and operational profit growth in double digits for the half year, it might not be unreasonable to see interim performance similar to 2008, which saw op profit +12% up on 2009 and gave EPS of 3.66p.

With a lower cost base now and double digit growth predicted, I believe 3.66p should be achievable which would confirm full year forecasts of 7.4p for a per of 4.9.

No mention of net debt figure which we need to see declining, guess we will have to await interim results now.

ic2.........

[spooky] 22/7/2010 08:11

Double digit growth,positive outlook,trading at 5 times,yielding 4% looks cheap to me.There is every chance that they will be taken over if the shares don't rise,i will continue to add.

[golla] 22/7/2010 08:08

Very good statement.

[glasshalfull] 21/7/2010 16:50

Don't think T/S far away.
I'm no chartist...but it looks as if the share price has broken through the April/May levels, which looks good to my untrained eye.


O/T - I've added to another creative agency today - Chemistry Communications (CHCP) listed on PLUS which performed fantastic in 2009 with addition of Orange, Kraft, Emirates, etc. Spoken with FD and results out next week. May appeal to some of you.
Illiquid but excellent cashflow and historic PER 4.





Regards,
GHF

[interceptor2] 21/7/2010 14:12

The chart is starting to look much more healthy now. Dare I say we have been in a small bull channel since early March. If CLL continues with these gains we could see a golden cross soon, which is significant for a share that has been range bound for so long.

Trading statement should be announced soon now....

[golla] 21/7/2010 13:59

Time to tuck few away?

[glasshalfull] 09/7/2010 18:31

I understand the company will be releasing a trading update in the next fortnight, as in previous years.

Regards
GHF