Cleantech Lithium Share Discussion Threads

[finbarr] 28/2/2002 00:03

thank you rangers.However my point is what is their focus? is it simply a collection of related businesses or is there a co-ordinated plan of any kind?

[minuteman] 27/2/2002 18:16

Sounds like a way of killing two birds with one stone so to speak!

Lets say world recession continue to pile in:- therefor spending on advertising / print etc will be reduced... bad for DM

That said, printers in this recession may be looking for more efficient ways to procure the work and make more profitable....good for CTRLP

In good times, more cash generated by DM and other printers, who may want to give customers a better service/... good for both CTRLP & DM,

I think the buy of DM was a hedging tactic in slowing economy and a great tool to slow cash burn down on the software side as revenues come to us.

I understand what you are saying, but why are you worried?? There is no other software like this to the print industry... it is world leading stuff, and profits are large once fully developed which it appears to be!

So what is niggling you about it?

[finbarr] 27/2/2002 18:07

Minuteman,
I am well aware of their software products having had a demonstration.However is there not a conflict between selling software to printing companies on the one hand(Controlp) and competing with the same companies on the other(Documedia)?

[minuteman] 27/2/2002 16:52

I my opinion, their focus is twin pronged.

1/ Their print business with documedia

2/ Software designed for printing companies

If you go to their web site and then email Mr Tayler or someone else there, I'm sure they will tell you. Mr Tayler emailed me back with an hour and gave me his mobile to call him...any time, so they are very open to investors..... Go on Fin, do a bit of research mate, don't just believe me!!

[rangers99] 27/2/2002 11:29

finbarr

I think CTL itself develops software. However they now own Documedia and either own or have stakes in a couple of other printing related companies. Check out www.documedia.co.uk and www.controlp.co.uk for information on what these companies are and what they do.

[finbarr] 27/2/2002 10:15

Minuteman and Rangers.Firstly, your arguments about the value of ctl are correct.However unless ctl can reveal an identifiable business model there will be no real investment in the shares. Just what does ctl do? Is it software provider or is it a quasi-printer/workflow operator?n or both?

[minuteman] 27/2/2002 09:13

You are forgeting their own properties. NAV is about 15p assuming the whole business (trading) is worth zero! and you don't include long term debt as there is none.. short term is only .45millions

Chairman also stated, they are being very careful with their cash.
Looking to buy companies to enhance shareholder value without diluting
Looking to be prudent with the cash...says cash is king in todays markets

To break even by Feb 28th effectively stopping cash burn

The months up from DM buy will counter and loss months before and hence break even. Making the company now profitable as confirmed above

[rangers99] 27/2/2002 08:39

Here are my calcs.


40M shares

4.5M net cash (assume 50% bad debts to be safe) at end August

Paid 1.65M for Documedia. Leaves 2.85M. Documedia acquisition includes 1.2M
in properties so real cost only 450K.

So 7.1p cash and 3p of properties.

Losses of 2p for 6 months to end Augsut therefore prudent to assume
say 1.5p more losses to end of Feb.

So about 5.5p in cash and 3p in properties = current ask price.

Company now profitable according to the chairman.

[rangers99] 27/2/2002 08:21

CTL have been saying profitability at year end (28th Feb) for months now.

On 13th August, even before the Documedia acquisition, Chairman Warren tayler said

"With the continued development of our products, and the growing pipeline of
prospects, we confidently expect to be trading profitably before the end of
the current financial year"

Warren Tayler also told Citywire on 21st November

"The combined businesses should have an annual turnover from the start of the next financial year in March of
10 million, and will be trading profitably."


On 30th November, they made the following statement in the interims

"Trading profitably from the start of next year with annual turnover of
some #10 million."

Even more recently Minuteman's dialogue with the company confirms profitability.

So very specific. They are not projecting several years ahead and saying "we may be profitable then". They are projecting a mere 3 months ahead and say we "WILL be profitable".

The Documedia acquisition looks a good bit of business. Documedia claim they are a 30M pound company
(www.documedia.co.uk) and CTL picked it up for 450K.

I make the current price of 8.5p to buy covered by cash and properties.

So a profitable business thrown in free. Looks too good to be true and since no-one seems to be buying maybe it is too good to be true!

[aghumra] 27/2/2002 00:18

anyone know when the results are out?

[minuteman] 26/2/2002 21:46

Bruce

Firstly share are valued at a 40% discount to NAV alone so are clearly undervalued! (That is cash and liquid tangibles)

Secondly the figures are from the Chairman, Mr Tayler, when I spoke to him, he said, "he'd be looking to generate a million profit from the 10 million turnover, and he wouldn't be really worth his salt if he didn't get close to that."

He has 30% of the company, about 12 million shares, he is getting towards a retirement age (he says) so I doubt that he would be talking pie in the sky if this is his future, away from working life!

Hope this helps and please do not accuse me of "talking any share up", I do my research thoroughly, including talking to directors. If you had bothered to read the rest of the posts you'd have already seen this.

And when the share does go up, it will be for all our gains not just mine!

That said, none of this is intended as advice and I'm sure your all big enough to make your own decisions

[bruce the goldfish] 26/2/2002 14:48

minuteman - you keep talking about this 10m turnover and 1m profit, I agree with the turnover figure as this is a figure already in the public domain. However, your 1m profit target has no grounding. It just appears to me that you are a holder trying to talk the share up for your own gain. What justification do you base your 1m profit on? and if therefore CTL do not report 1m profit, then are the shares overvalued?

BTG

[finbarr] 26/2/2002 14:42

I think there must be a large sell order out there. I am a holder of this stock.
It will not recover unless the management provide some visible direction to the business; Just exactly where is it going?.It will not be a buy until management determine what the focus of the business is and of course deliver tangible results.

[minuteman] 26/2/2002 14:20

As the man says, very illiquid , that said, you'll find if you purchase 20k it will knock the price up 10%!

No one says this is going to make you a quick buck, but come 12 months from now when we are t/o 10 million with 1 million profit, you will have made your nest egg!

[rangers99] 26/2/2002 13:07

Been following these for the last month. The price is liable to vary wildly on very small volume. Extremely illiquid. Even a small sell order will probably knock 15% off the share price.

I bought in at 10p and am quite happy to hold.

[aghumra] 26/2/2002 11:34

good time to top up...

[the mule] 26/2/2002 11:18

MM's shakin' the tree or large sell order waiting to be filled?...Which is it?

[dmhzx] 26/2/2002 11:00

What's happening to this today? It's falling through the floor apparantly on the back of no transactions at all!!

[rangers99] 26/2/2002 09:05

Major Shareholders:
40.11m 1p Ords - Invesco Techmark Enter Trust P 3.38%, J W Tayler 31.46%, J C M Bendall 2.53%, N Stanley 2.53%, A J Norman MP 2.53%, Other Dirs 0.63%.

[mitzis] 21/2/2002 16:56

up a little today anyone buying any?

[minuteman] 20/2/2002 16:54

He told me he holds 12 million, about 1/3 of the company...

[minuteman] 20/2/2002 13:59

Yep thats what I thought too. Was that your 15k buy this morning?

[rangers99] 19/2/2002 15:11

According to Hemmscott only Taylor holds a significant number of shares. I emailed the company a couple of weeks ago with some questions but have had no reply.

Looks a real bargain but until results come out there is a certain risk.

Accumulate at 9p!!

[minuteman] 19/2/2002 14:18

You should find what you need with these guys

[rangers99] 19/2/2002 07:22

Minuteman, Apart from the CEO , do you know the other director's holdings? thanks.