Cheerful Scout Share Discussion Threads

[double6] 17/3/2011 21:15

No doubt tara will ignore this one when commenting on his 2011 share tips!

[daicaprice] 17/3/2011 16:38

I very nearly averaged down yesterday with another 10k, will tuck'em away and thank my lucky stars.

DC

[tara7] 17/3/2011 16:34

Well, that was not what we were looking for.!!

On the bright side the company is Now valued at cash[£700k] and may still B/E for the full year.

[robward] 17/3/2011 15:52

Not the best of news !

[kiwi058] 14/3/2011 16:13

You must be able to afford to buy the company then Tara!!

[tara7] 14/3/2011 16:04

Knock off the cash and this company now costs just 200k to buy.!!!!

[tara7] 13/3/2011 20:32

Might like to read company web page, March statement .!!!!

Looks like big profits are on the way.!!

Loads of work.!!

[oregano] 28/2/2011 13:52

i am not invested, looking for things to buy, but I can't see a catlyst here. Share BB's are not enough.

[tara7] 28/2/2011 13:44

Sell up then Oregano, this stock has doubled over the last year and in my view should do the same this year.

Watch out for more share buybacks after you have left town.!!

[oregano] 28/2/2011 13:37

what am i missing? turnover declined by 9% half on half, margins went down, they made a loss and NTAs decreased. Margins expected to rise "somewhat" doesn't smack of optimism.

[tara7] 28/2/2011 10:44

So for just £400k you get this little gem[less the cash on the books]

With turnover jumping, and margins on the up the company should turn a profit for the full year.

In effect that will be a profit on the £400,000

I am also of the view this company can /will be used as a shell for a huge deal as the directors have spent the last 3 years cleaning it up.

[robward] 28/2/2011 10:34

Morning All
Pretty solid set of Interim's with a stronger 2nd half expected. Happy to hold.

Regards

Rob Ward

[moreforus] 25/2/2011 08:37

no not all mms are open and lse / advfn are having tech issues..be careful today

[daicaprice] 25/2/2011 08:36

Tick up on no trade?

DC

[tara7] 24/2/2011 20:52

In line for yet more awards, see company web page, results out Monday.

[oregano] 09/2/2011 08:46

that is a pretty underwhelming trading statement. not sure why the new businesses acquired should not contribute to growth this half. Does anyone have any idea what the market expectations they refer to are?

[oregano] 08/2/2011 10:19

a key point here is that CLS is exposed to Enterprise customers, not SMEs and consumers who are struggling at the moment. Big corporate is awash with cash.

12 months ago, Cash was £900k, debtors £168k, Net Tangible Assets £883k.
6 months ago cash was £632k, debtors £507k, NTAs £928k.

Why the fall in cash? it was down to one large customer who took a long time paying. the point is that in this environment, i wouldn't be too worried about bad debts, we will probably see debtors back down to normal levels.

Position in forthcoming numbers. assume profits generated have added to cash, and some debtors converted;
Cash £900k, debtors £340k. NTAs £1,030.

if cash is lower than that, but debtors higher, i wouldn;t be worried given my points above about credit exposure and customers.

direction and growth in the business is more important. Clear indications that we will see some strong year on year growth which will lead to a re-rating.

[tara7] 08/2/2011 09:48

Wins playing the game [to try and get stock]

[tara7] 08/2/2011 09:27

50/50 we see an RNS today.?

[daicaprice] 08/2/2011 09:17

Yea tara, the 2 X 5k trades didn't make 24hrs! Was hardly worth it but did bring some others with him.

DC