Charterhouse Communications Share Discussion Threads

[thinkbig?] 13/1/2004 19:28

plenty left in this just hold till results,as for debt when i spoke to the company and asked about the amount of debt they are in he said they are paying the debt of on time and the banks are 100% behind them so no problem there this is well undervalued even with the debt they have turned this company around over the past year or so.with debt it is capped at 10 mill approx so last results shown pre tax profit of just over one mill.So going forward it has a sound footing.The big plus to me is know body has been dumping over the past year people have been buying.This did hold up as well today so to me this could be getting a re rating before results like i said on many ocasions the market always knows first

mrkournikova

Think you need to read results properly,and if your not shure ring the company and find out.

[thinkbig?] 13/1/2004 19:22

plenty left in this just hold till results,as for debt when i spoke to the company and asked about the amount of debt they are in he said they are paying the debt of on time and the banks are 100% behind them so no problem there this is well undervalued even with the debt they have turned this company around over the past year or so.with debt it is capped at 10 mill approx so last results shown pre tax profit of just over one mill.So going forward it has a sound footing.The big plus to me is know body has been dumping over the past year people have been buying.This did hold up as well today so to me this could be getting a re rating before results like i said on many ocasions the market always knows first

[safman] 13/1/2004 18:51

Everyone is entitled to their opinions.. and if u did not read the fundamentals ..then u should... their last results show that they are in the black and profitable..

LONDON (AFX) - Charterhouse Communications PLC moved into the black in the
full year and said the mortgage market remains buoyant whilst interest rates areow and lenders compete for borrowers by advertising in its magazines.
It added it is currently experiencing higher than expected levels of
interest in its products for the more expert investor, such as Company REFS and
the newsletter Investing For Growth.
The increased sales of unit trusts and ISAs also are reassuring as personal
investors recognise the recovery in equities after three years of bear markets.
The comments came as it posted pretax profit for the year to May 31 of
619,000 stg against loss 356,000, on sales of 10.23 mln against 12.86 mln.
Earnings per share before goodwill was 0.39 pence against loss 0.27 pence,
and loss per share after amortisation was 0.33 pence against loss 7.56 pence.
rn

Out fit is profitable and they do have to repay.. BUT i also tend to look at whether the outlook is good for the company..



"By a letter dated 17 September 2003 the Company was given notice that as a
result of a purchase of 1,000,000 ordinary shares of 1p each in the share
capital of the Company ("Shares") on 16 September 2003 the following fund
management companies in the Friends Provident group are interested in the Sharesreferred to below through client holdings:"

Both the MD and ISIS have upped their stakes.. the market they are in is bouyant and is predicted o continue throughout 2004... U make your decison, and stick with it..

Good Luck...

[mrkournikova] 13/1/2004 18:17

Hi,

Great to see that we've got some educated investors that are capable of reading accounts here! Great stuff, congratulations! Chaterhouse Communications will not rocket, simple as that.

Chaterhouse Communications has a serious problem, and has a massive working capital defecit.

16th September Chaterhouse released their final results and this showed in the next 12 months that creditors are owed: £5,853,000

It's all very well them making an operating profit £1,026,000, but unless the banks remain fully supportive of them then they could go into liquidation at any time!

Creditors due after the year are £4,188,000.

No one is going to pay a massive premium for Chaterhouse if they bid for them, as a potential bidder will be taking on serious financial liabilities.

Why would anyone want to throw good money away by investing in this company, when it could be lost at any time.

I have a vested interest in Chaterhouse due to investing in it during the tech boom, it is the one horrible mishap in my portfolio. I would love to see Chaterhouse return to its former glory, but if it does succeed in getting out of this financial nightmare then you're looking at 2 or 3 years from here before the price returns to its former glories.

My advice, watch, wait but AVOID

Best Wishes,

Mr K

[mrkournikova] 13/1/2004 18:15

Hi,

Great to see that we've got some educated investors that are capable of reading accounts here! Great stuff, congratulations! Chaterhouse Communications will not rocket, simple as that.

Chaterhouse Communications has a serious problem, and has a massive working capital defecit.

16th September Chaterhouse released their final results and this showed in the next 12 months that creditors are owed: £5,853,000

It's all very well them making an operating profit £1,026,000, but unless the banks remain fully supportive of them then they could go into liquidation at any time!

Creditors due after the year are £4,188,000.

No one is going to pay a massive premium for Chaterhouse if they bid for them, as a potential bidder will be taking on serious financial liabilities.

Why would anyone want to throw good money away by investing in this company, when it could be lost at any time.

I have a vested interest in Chaterhouse due to investing in it during the tech boom, it is the one horrible mishap in my portfolio. I would love to see Chaterhouse return to its former glory, but if it does succeed in getting out of this financial nightmare then you're looking at 2 or 3 years from here before the price returns to its former glories.

My advice, watch, wait but AVOID

Best Wishes,

Mr K

[kitkat] 13/1/2004 17:32

wouldn't surprise me to see these rocket again tomorrow

[sreed] 13/1/2004 16:50

nice buys today

[sreed] 13/1/2004 16:39

youre the man, saffy

[safman] 13/1/2004 16:36

looking forward to tommorrow....hope its just as good!!

[sreed] 13/1/2004 14:54

figs in feb according to other thread

[sreed] 13/1/2004 14:52

oh yes yes yes only 2 weeks away

[thinkbig?] 13/1/2004 14:49

when i spoke to the company they said early feb.

[sreed] 13/1/2004 14:40

anyone have a date for figs next month

[sreed] 13/1/2004 14:39

mammoth vol, chance to get them before the spike to 20p+ imho

[ggporkchop] 13/1/2004 14:22

I hope so dulay, I've held this since the end of August in the hope of a 300% return. Should be a good patch now up till February (results) and perhaps beyond!!

[kitkat] 13/1/2004 14:14

must be a shortage of stock if mm pay 5.5p
might gather some funds for a top up - chart looks extremely bulish - wouldn't be surprised to see 7p short term

[thinkbig?] 13/1/2004 13:16

good day today should see more movement later on or first thing in the morning

[safman] 13/1/2004 13:14

had 150K ..sold 25K ..needed the money... it seems they are prepared to offer u 5.5 on the bid.. this may well move up further with more buying...

[kitkat] 13/1/2004 09:39

my buys today as sells
2*25k

[dulay] 13/1/2004 09:22

luvely jobby

[dulay] 13/1/2004 09:22

will be 300percenter up from here porky

[thinkbig?] 13/1/2004 09:22

more to come,only takes a few trades to move this,my broker phoned the mm to see why its moving and he just said buyers around that to me means something is going on dont forget people close to the company always know before us interesting day ahead

[ggporkchop] 13/1/2004 09:16

32.4% rise WOW!!

[safman] 13/1/2004 09:16

first 50K buy of the day at 5p..offer was at 4.75p...

[safman] 13/1/2004 09:15

CHO may well be worth hanging onto 2004...it is profitable...and their mags will do well...