Chapelthorpe Share Discussion Threads

[jamnj] 16/9/2004 20:55

Hi,
i'm new to this board but have held CPL for some time and although I'm no accountant the shares seem oversold. Today's bulletin estimates 1.8m bad debt which will presumably be a 'one off' but this is countered to some extent by reduced debt interest. The closure of the canadian business weill incur initial loss but the board state that it should ultimately be cost neutral.
The real crunch I supose is the proportion of the business affected by the american wallcoverings market but since specialist coverings division is only about 40% of the company how big can this be.
Like Parsopa1 I'll look for the bottom over the next few days as an opertunity to top up my holding
Anyone expand on any of the above?

[geminian] 16/9/2004 18:51

I'm hanging in also. Unfortunately, we were just about at the value where I was breaking even on the average price. just have to wait a while longer.

I have the same thoughts that it will recover at some point although just now the drop makes quite a dent in my portfolo value.

Oh well its only money!!!

[parsopa1] 16/9/2004 17:39

Ouch! Well this one hurts. Got most of mine at 6 p, so could still sell for profit, but also think its a good opportunity to get more cheaply. Will be waiting to see where it bottoms-out before I do so. The board have a good track record, so I'm confident of recovery over time. I remain intrigued by the new Business ventures they are pursuing which are again referred to in a positive light.

[kingdwg] 16/9/2004 17:21

Mr & Mrs Standen obviously have some kind of joint nominee account because there are no 37500 trades reported today @ 16.75 but there is one of 75000.

[m5] 16/9/2004 10:34

Disappointing to say the least, fortunately I do not have a position at the moment, however have bought many times in the past. Cannot see the point in buying in right now, I think we could see the price drop into the early teens, with negative press comment etc. I would however be a buyer at the @14p mark as they would offer good value medium term. Divi of course is still very nice.

[tuftymatt] 16/9/2004 09:26

Hello,

I was very surprised to see this warning when I signed in today.

Having no position in CPL anymore I know its easy to say but I feel the drop in price has been overdone.

The board is very good IMHO and acting quickly shows they know what they are doing. This could fall a little more over the next 3 / 4 trading days but I would not be surprised if in a couple of weeks after the dust has settled these were a few pence higher than they are today.
As the statement says the dividend is safe which has to be worth considering.

Good luck to all holders in whatever you do.

[kingdwg] 16/9/2004 08:30

It's probably not always a good idea to get back in after the first profits warning.

[farsight] 16/9/2004 08:17

Utmost commiserations holders. This sort of thing has been happening rather too much lately.

[seabird] 16/9/2004 08:11

Overexposed to the North American market - the blame can only reside with the Board. Explanations are needed - otherwise the integrity of the Board will have been seriously been compromised.

[huntie2] 16/9/2004 07:43

oh dear....!

[kingdwg] 26/8/2004 12:08

CPL UK Ltd. don't think that refers to Chapelthorpe!
Just gone 12 and no trades yet today. Must be what they call equilibrium.

[d8raider] 26/8/2004 10:39

RNS Number:3332C
Fairbriar PLC
26 August 2004

26 August 2004

FairBriar PLC ("the Company")

Holding in Company

The Company was notified by CPL (UK) Ltd on 25 August 2004 that it has acquired
5,265,830 ordinary shares of 1p each in the Company ("Ordinary Shares"),
representing 14.9 per cent of the current issued Ordinary Share capital.

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

HOLILFLITRIRFIS

[kingdwg] 24/8/2004 16:12

Cross trade at mid price.

[huntie2] 24/8/2004 15:39

trade of 1m shares. buy or sell?

[audigger] 20/8/2004 00:37

Lots of selling and the price goes up?

[kingdwg] 12/8/2004 12:30

That makes them sellers since the last filing in January.

[openportal] 12/8/2004 11:17

Chapelthorpe PLC
12 August 2004

12 August 2004



Chapelthorpe plc



Chapelthorpe plc ('the Company') announces that it received notification
yesterday from Schroder Investment Management Limited that it has a revised
notifiable interest in 22,372,126 Ordinary Shares of 5p each in the Company,
representing approximately 10.96% of the issued Ordinary Share capital.
Included in this figure are 1,583,333 shares registered or to be registered in
the name of Schroder Nominees Limited and 20,788,793 shares held in unit trusts
operated and managed by Schroder Unit Trusts Limited. Schroders plc, the
holding company of Schroder Investment Management Limited, is treated as having
an interest in all of the aforementioned shares.


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

[openportal] 12/8/2004 11:16

Chapelthorpe PLC
12 August 2004

12 August 2004



Chapelthorpe plc - Director Shareholding



Chapelthorpe plc ('the Company') announces that it received notification
yesterday from the following Directors of the Company of the number of Ordinary
Shares of 5p in the Company ('Ordinary Shares') each acquired as a result of
participating in the Dividend Reinvestment Plan in respect of the final dividend
payable on 10 August 2004.



The Ordinary Shares so acquired, all at a price of 23.0p, were as follows:



Name of Director No. of Ordinary Shares

B Leckie 57,785

A L Thompson 2,717

A B Reeve 1,985

A P Weatherstone 5,124



Mr B Leckie acquired 40,122 of his Ordinary Shares, and Mr A L Thompson the
whole of his Ordinary Shares, through their beneficial interests in the
shareholdings held by the Trustees of the Chapelthorpe plc Funded Unapproved
Retirement Benefit Scheme. Of the interest in 1,985 additional Ordinary Shares
acquired by Mr A B Reeve, 1,848 are registered in the name of his wife, Mrs H
Reeve.






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

[timbo003] 10/8/2004 19:08

Got my divi cheque today, I confess I sold a few this week (20K) the proceeds of which (plus the divis) have paid for my original stake of 90K purchased at around 6p, but I'm still holding 70K and will continue to hold for a free ride, hopefully in the upward direction!

Proceeds from the sale will be reinvested in various new issue Venture Capital Trusts which are very, very tax efficient. I'll get a 40% rebate on the investment from the taxman. Yippee!

[verynervy] 29/7/2004 17:30

Another lovely day at the office - i`m glad I gave up work!!

God bless them both and I toast to all the other direcs following, ere ere!!!

Hick..hick..

[kingdwg] 29/7/2004 16:55

So the 60K was Mr & Mrs Standen filling their peps. Can't be bad news.

[verynervy] 29/7/2004 09:01

Hopefully the trend is now set for increasing prices as the demand for chemical products rises - ICI showing promise - this should further under pin the share price - the next stage of the economic cycle may be upon us!

[audigger] 29/7/2004 01:22

Looking good for another small move up. 25p would be nice, but suspect it won't get there just yet.

[balcony] 28/7/2004 11:00

on its way up again,looking good for 25p this time.

[openportal] 16/7/2004 08:24

Good enough for me too, I am still on HOLD and no intention to sell my CPL holding.