Circassia Share Discussion Threads

[gibbs1] 20/1/2020 15:10

ROLL ON FEB END

[gibbs1] 20/1/2020 15:10

Strengths

According to sales estimates from analysts polled by Standard & Poor's, the company is among the best with regard to growth.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.

Weaknesses

Low profitability weakens the company.
The company is in a hindered financial situation with significant debt and rather low EBITDA levels.
The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
For the last few months, analysts have been revising downwards their earnings forecast.

[ariane] 20/1/2020 14:46

When is it likely to turn a profit and write down those horrible intangibles

[onedayrodders] 20/1/2020 14:40

One thing I will say is I looked at the Steve Harris proactive interview at the tope of this thread as research over the weekend and it nearly put me off.

Just took an instant disliking to him and the fact that he had to keep staring down at his notebook for facts he should know off by heart.

But then I noticedf he has resigned and was probably just thinking about playing golf for the rest of his life.

I dis see someone here mentioned him going was great news so not sure the history but it backed up my first impression.

ODR

[homebrewruss] 20/1/2020 14:36

Yes, I'd read a few negative reviews from sales people on glassdoor so I held off to give the new management time to bed in but given the prospects and momentum I've hopped on board.

[onedayrodders] 20/1/2020 14:36

hi chaps .. been buying today steadily and now have my position.

I agree about as classic as a turnaround story I have seen for aged ... add to that distreesed selling overhang almost cleared and the obvious 'bowl' recovery possible, then pretty mouthwatering.

Of course nothing is ever without risk but that said looks a solid ebtry point.

[mad foetus] 20/1/2020 14:22

Great turnaround story as well russ, knocked down by Woodford and invesco selling but with debt under control and sales rising strongly, new products being launched and a new management team there is no reason why this cannot rerate substantially imo

[homebrewruss] 20/1/2020 14:16

Mad, joined you and hpcg here first thing.
I had held off but chart looks too good to ignore

[andyview] 20/1/2020 14:15

Maybe limited ii selling now and little free float is having the price impact already...

gla

[mad foetus] 20/1/2020 14:14

Very nice!

[andyview] 20/1/2020 14:06

looking nice and strong today, good to see...

gla

[pro_s2009] 20/1/2020 14:06

Perking up again, should continue to do so as the last of the Invesco overhang clears.

[purple11] 20/1/2020 13:35

pretty smooth ascent up to the 30p area id have thought.just need a little patience.gl

[ariane] 20/1/2020 13:20

Strong resistence apparently at 25.20p

will it be broken and then take us up t 27p before results at feb end

[celeritas] 20/1/2020 13:13

Been buying a few here, completely oversold position, an anomaly that is likely to close.

[74tom] 20/1/2020 12:57

Back in the holding pattern at present, awaiting the last of Invesco to be exchanged at 25p IMO. Around 8m left by my count...

Edit: 3 minutes later we have a 2m buy at 25p...Invesco open for business now!

[100egs] 20/1/2020 07:29

High probability invesco will be gone this week given the rate at which they've been selling.

[74tom] 19/1/2020 20:44

As I mentioned last weekend, assuming that Invesco’s remaining shares are bought by other II’s, the available free float will be around 12.5%, or 46m shares. This is a very rare situation & could result in quite an explosive move over the next few weeks.

The share price is still a long way below where it was this time last year (53p) and there has been significant positive news-flow since then, so a return to this level should be readily achievable.

The low free float & momentum could be a fantastic combo, and I’m very much looking forward to how the next few weeks play out.

[mostro] 19/1/2020 18:44

Yo Pro
Correct post re Ptal,
I like that outfit a lot, and am increasing holding there as well as here in CIR.

rimau

Thanks, will look at NSF sharpish.

[rimau1] 18/1/2020 20:02

On the “stocks unfairly rated due to forced sellers/overhangR21; theme surprised nobody mentioned NSF. Woodford dumped 25% before xmas, pe ratio is about 5 and 10% dividend together with an in line trading update last week. If you hold CIR you really should hold NSF.

[flagon] 18/1/2020 17:50

I usually like to scale in to a new position adding over time as I get to know the company more with the nudge of +ve news to spur additional buys. The 9/1 RNS changed all that ... I'm all in. Cash in my ISA is running a bit low so I had to top slice positions in KAPE & CTO (which I didn't really want to do) to help fund my new position in CIR.

It's nice to see options being granted at 62.4p to the executive chairman Ian Johnson (I remember him from Celsis many moons ago) rather than the current share price which many companies do. 2020 should be very strong ... GLA.