Centurion Ele Share Discussion Threads

[mitchy] 15/9/2006 07:32

It's really hard for me to understand how a company like Centurian who are signing contracts with the likes of Renault can be considered anything other than a sure bet.Forget the past...there's no future in it!

[mitchy] 11/9/2006 15:26

yep, we need some hard figures...or some big buys to shift this one.

9/11 doesn't help either..

[cgod] 11/9/2006 14:27

in for another 10k long term punt for me but could come very good given only 7 mill shares around. will move very quick when it does.

[quotes_4_u] 11/9/2006 11:22

Mitchy.

mm's only ever slash prices on no trade, like you say despite
the Rns of no problems and a new contract the price has only
recovered 3p of it's 12p drop, looks like Evo are not prepared
as yet to let this go higher, on L2 i could be tempted as next
offer is 37p but i much prefer rival Dvs to cuc, good luck.

[rkjones] 11/9/2006 08:03

Missing the vital financial details. I appreciate the confidentialty of the figures but there remains a suspicion that CUC are giving their systems away in their desperate plight and buying business at prices that they do not wish to disclose. I do not expect them to report unit prices but some indication of the volume of business anticpated would be helpful in restoring confidence.

[quids-in] 11/9/2006 07:47

New Supply Contract

RNS Number:7167I
Centurion Electronics PLC
11 September 2006



Issued by Citigate Dewe Rogerson Limited, Birmingham
Date: Monday 11th September 2006
Embargoed: 7.00am

Centurion Electronics plc
("the Company" or "Centurion")
Developers and providers of In-Car Entertainment and Infotainment Systems

New Supply Contract

On the 20th July, 2006, Centurion Electronics plc announced that the Group had
been awarded an additional contract to supply an integrated in-car entertainment
system to a major global automotive manufacturer and that further details
would be announced to shareholders in due course.

These details follow:

Centurion Electronics is pleased to announce that the Company has been awarded
an additional new contract to supply an integrated In-car Entertainment System
(ICE) for one of Renault's new models being introduced next year.

The additional vehicle to the Renault range will be introduced in the summer of
2007 and will be offered with an optional twin 8" TFT screen seat back mounted
system with integrated DVD loader, wireless headphones and remote control. The
system, which has been designed and developed by Centurion, is designed to offer
independent viewing options for the rear passengers of the vehicle whilst also
being compatible with the latest media formats.

Chris Rhodes, Chief Executive at Centurion Electronics commented:

"We are very pleased to have secured this additional business with Renault and
it supports our strategic focus to drive our sales through the profitable OEM
business where we have specialist expertise."

"The securing of this new piece of business also clearly reflects the strong
partnership between both Renault and Centurion and underpins the quality of our
product into their supply chain."

"We are looking forward to working with the team at Renault and being part of
the development team for this new vehicle in their range."

It is anticipated that the entertainment systems will be supplied directly into
Renault's supply chain and will contribute to Centurions' revenues commencing
during the fourth quarter of the Company's financial year ending September 2007.


Enquiries:
Chris Rhodes
Chief Executive Clive Carver Fiona Tooley/Katie Dale
Centurion Electronics plc JM Finn & Co Limited Citigate Dewe Rogerson
Tel: [phone] Tel: [phone] Tel: [phone]
Website: www.ceplc.net




This information is provided by RNS
The company news service from the London Stock Exchange

END
CNTEAKNPEAEKEFE

[mitchy] 11/9/2006 07:32

New contract announcement today.After the friday note,weekend press comments and todays news if this doesn't fly now i'll quit share dealing after 15 successful years because I obviously don't know this market anymore.

[mitchy] 08/9/2006 22:11

After a note from the company like todays one would expect a claw back of most of the drop but here we are seeing a 2.5p lift after a 12p fall.Hardly inspiring...
Nope, i'm guessing cuc is going to drift again without a trading statement with some real figures to hang our hats on.But hope springs eternal...just not enough to take a larger position.I maybe missing out on a great price but there again I seriously thought 45p was the bottom!
On the other hand i've seen many many stocks over the years move large before a reverse...I suppose to give the pro's a 'good start'.
The company has reiterated it's progress today...perhaps 35p is the real bottom!Anyone brave enough to find out?

[itsinthebag] 08/9/2006 10:47

DVS is getting all the trade. Another OEM deal to come with another major manufacturer for them.

[quotes_4_u] 08/9/2006 10:40

So no reason for the fall, must admit they dropped it twice heavily
on no trades, some will gamble on a bounce, it did drop from the low
40's and is now 35p offer which will tempt a few but once again Dvs
has to be the better value play but after seeing what Bgt did you just
dont know what mm's in a illiquid stock are prepared to do.

[twentyoneeleven] 05/9/2006 09:56

This was one of the first tickers I ever held! Bought a bunch circa 1p, prior to consolodation, and sold for a small loss not long afterwards! Looks like I might be able to get back in again at 1p soon though! ;-) Sad to see this one constantly drifting downwards, especially when compared to rivals such as DVS, but from what I remember of their RNSs, they never gave any solid figures (or actual names) on contracts won! There's definitely potential here, and I could possibly get some of my cash back in the future, but for the moment I'm staying well away!

[rkjones] 05/9/2006 09:46

Anyone know what has prompted todays fall. Doesn't appear to be driven by selling or news. Perhaps something has leaked and an announcement will follow.

[quotes_4_u] 23/8/2006 14:06

Still cant see the value here when you look at rival Dvs.

I moaned a while back on this thread that it did not make
sense to value Dvs at half the value of CUC when you looked
at all the news and deals Dvs had produced next to CUC !

Now Dvs has caught up to roughly match Cuc's market cap but i
still cant see how you can get excited about this company if
a rival like Dvs is trading so much better than it yet is valued
the same.

[farmingrgp] 23/8/2006 13:57

My reading of the accounts suggest that there is probably £7 million of losses to carry forward against future profits ( if they make any). I suspect that this sector is due for consolidation, how much are these losses worth per share to a future buyer plus the contracts that they now have in place?

[cgod] 23/8/2006 08:07

Only 7 MILL shares, could move very fast on low volume. I would put £1.50 by next summer.

[mitchy] 23/8/2006 07:43

You speak with some authority on these farmingrgp.The ADVFN figures suggest the company has more debt than it is worth but they are often out of date.If you are right then I would call the bottom on this one.
Hard to put a target price on them though...any ideas?

[farmingrgp] 22/8/2006 17:00

This is one to watch, because it is a different animal than the one that nearly went belly up nine months ago because of its debt. The company now has a very focused management team which has changed the direction of the company. Retail sales have been chopped out and the focus is now on OEM, where product is installed on the vehicle production line. Existing contracts are allowing the company to tick along and invest in securing the new contracts which will hopefully drive the company forward. The company has little debt to service and at these levels is worth a punt.

[mitchy] 07/8/2006 07:53

I notice Argos are selling rear seat screens now.The momentum is building.They'll be as common as sat nav's soon.

[cgod] 05/8/2006 12:59

picked up 15k at 42p 6 weeks ago and put them into my sipp, remember MD cannot take his first share option till it hits 90p. 2 years time could well be over £2 plus IMHO

[mitchy] 05/8/2006 11:10

I just can't see anyone buying now and losing money at these prices.

Very tempted to call the bottom !

[cgod] 05/8/2006 07:59

could this be the time to buy? share price starting to move up now. MMs must know somthing. only 13 Mill shares ths could move very fast.

[mitchy] 29/7/2006 16:25

Summary from the March finals this year....


"Outlook

We have now completed the refocusing and refinancing and the Board believes that
the Company is well positioned to return to profitability, although the
Directors anticipate that the Company is not likely to report a profit for the
first half of the current financial year to 31 March 2006. Significant progress
in expanding the automotive business beyond the existing client base has been
made. I anticipate that further progress will be announced during 2006.





Ernst Kastner

Chairman"



With the rapid reduction of losses,new contracts etc so far they are true to their word.They may have a shed load of debt but they also seem to be making money to reduce it.All looks very positive to me.

[13579] 28/7/2006 22:29

Yes the co has lost all credibility.