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CHR Chelford

207.00
0.00 (0.00%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Chelford CHR London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 207.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
207.00 207.00
more quote information »

Chelford CHR Dividends History

No dividends issued between 30 Apr 2014 and 30 Apr 2024

Top Dividend Posts

Top Posts
Posted at 21/8/2007 19:40 by thebullyboy
Anyone know the forecasts for CHR?

Thanks in advance.
Posted at 08/8/2007 07:35 by welsheagle
Chelford Notice of Interim Results


RNS Number:7001B
Chelford Group PLC
08 August 2007


8 August 2007


CHELFORD GROUP PLC

INTERIM RESULTS ANNOUNCEMENT DATE


Chelford Group plc (LSE: CHR), the AIM quoted IT solutions group, will be
announcing its interim results for the six months to 30 June 2007 on Thursday 6
September 2007.
Posted at 02/6/2007 19:47 by welsheagle
Translation of 1973:-
The broker Charles Stanley have released their forecasts for 2008 of £2.1 million pre tax profit, which relates to earnings per share of 20.5p.
They also reduced their 2007 forecast to £1.7 million pre tax profit and earnings per share of 16.5p.

Thanks for someone useful info, Tole - does make Chr look undervalued.
Posted at 18/4/2007 10:04 by tunturiflyer
Anyone wondering if management has decided to take a big bath this year?. They appear to have managed Charles Stanley's expectations fairly well - as they were predicting revenues of GBP 18 million, versus GBP 18.6 outcome, and predicted adjusted EPS of 9.3p verus 9.83 outcome.

The P/L looks awful - Diluted EPS of 1.02p. since they threw the kitchen sink at the P/L. Yet Gross profits where up to GBP 7 million, up from GBP 6.3 million in 2005.

More usefully Net cash from operating activities is GBP 1.27 million, down from GPB 1.74 million in 2005. Reason is that depreciation, amortisation and impairment has gone up from GBP 276K to GBP 641K. and the tax paid, presumably because they are basically profitable is up from GBP 131k in 2005 to GBP 627k.

So for a market cap of GBP 10 million, in terms of cash flow CHR looks a little cheap.
Posted at 26/2/2007 20:58 by tole
Healthy volume today....with close on 70k traded - and virtually all buys by my reckoning.
Posted at 17/2/2007 13:49 by baughfell
Thanks aspex.

I held CHR or a couple of years an sold in '05, looking to get back in but too risky before the results.
Posted at 13/12/2006 10:25 by this_is_me
I think KBT is a growing, undervalued company (like CHR), while TSE and MXM are overvalued.
Posted at 12/12/2006 18:51 by glasshalfull
bookbroker - sensible thoughts welcome.

A few thoughts regarding Chelford and their peers KB3, Touchstone and Maxima, all of which are all trading on low valuations (jotted this down quickly so unable to evidence at the present time).
Computer Software (CSW) also worthy of research but not compared here.

TSE and MXM are (still) the stand out IMO
- Disclosure, I have substantial holdings in both.

TSE will possibly produce EPS of 18p-20p this year placing them on a current year PER of 9 or 10.
Net cash of £2m after providing for earnouts.
Positive interims and outlook statement made recently.

MXM appear to be making very good strategic acquisitions at low earnings enhancing prices. Upgraded EPS of 23p pencilled in for this year, again on a PER of 10, despite their recent rise.

This brings me back to Chelford and KB3.
Think both are approaching decent buying opportunities.
Chelford has the edge for me although I've been impressed by the significant director buying over at KBT during the recent placing. KBT is in the midst of a takeover for Sirvis (don't know too much about them).
KBT doesn't look such great value due to incresed tax charge this year, so another sitting on a low valuation of 11 for this year falling to single digit the following.

Something doesn't sit quite right for me with KB3. Large exposure to retail - lumpy contracts - and not entirely convinced by manufacturing side. Also had quite a few placings and it doesn't appear that they are producing such strong cashflow which is clearly evident in the other three.

Chelford has the dubious distinction of being the only only one to issue a profit warning, albeit a one off, now rectified business practice.
Nice strong outlook statement but the market won't - IMHO - re rate until they produce results given the slip this year.
Also with SAP providing a cautious outlook then this also suggests caution regarding CHR as an investment given their significant exposure.

When I compare CHR with MXM & TSE (discounted KBT at the current price), I don't find the outstanding value with CHR that I thought I might.
Yes, exceptional growth forecast next year (possibly the lowest forward PER out of the four mentioned here), cash positive, strong cashflow but the same is true of TSE, who continually perform - with the strongest partner presence for Microsoft in the UK.
Microsoft seem to be the fastest expanding in the respective markets covered by all 4 mentioned here and therefore both TSE and KBT would be the major beneficiaries IMO.
Same applies in comparing CHR with MXM.
MXM are having their EPS forecasts updated continuously - so even after their impressive rise recently, they are still trading on a forecast PER of 8.5 for next year also with excellent cash generation.

These are my thoughts (a lot from memory due to time constraints) so please DYOR.

Apologies for any inaccuracies.


Regards,
GHF
Posted at 10/10/2006 09:39 by aspex
Chelford CHR and Maxima MXM make an interesting comparison.
However the MXM growth has come mainly from acquisitions.
Posted at 03/8/2006 11:42 by pc4900074200
It seems that the management are content to see the value of the share price
spiral downward to the cost of all shareholders. A 33%+ de-valuation
in the last three months.

If a potential investor was to look at the share chart as a prelude to
researching or investing in this company He would wonder if it is
worth placing his money in CHR.

As a shareholder you expect to see fluctuations in the share price and any
sizable amounts downwards normally prelude a large buy,
but in this share all we see are continued 'hits' by MM's to reduce
the price. When there are investments, the price stays where it has
fallen to or recovers by a small percentage of its loss.

Only to be 'hit' again, in the next day or so.

I have seen other companies issue a statement on any large fluctuations,
as to the well being of the company and that they know of no reason
why there has been a drop in share price

With CHR management, what do we hear?

Nothing!

One tends to start to think that they don't care about investors. They
seem to have forgotten that they have a duty of care to shareholders
and that they have been placed in positions of power to over-see our
investments.

This decline in value has gone on for over three months and we are long
overdue some form of statement that should stabilise the share.

The trading update issued in July,



showed that we have 8 new customers so why are we being
'hit' as hard by MM's on a weekly sometimes daily basis?

Today is a good example, no trades, [11:40 am] and a 1.3% reduction in
SP. Not much, you may say, but on a daily basis, it is.

CHR Management. You need to act, and soon.

6 month Results are due two months from now. Do we have to see
another 22% of our investments go down the drain before you say
anything?

We should remember that any good news in September, IMHO,
may only send the share price back to the 3# mark, where we were when
trading was not showing signs of being too weak.
That is of course if the MM's want it to go back up.

Looks to be a classic case of MM's rule and the Management don't care.
They're both getting paid at the expense of the shareholders.

pc

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