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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Claims People | CLM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1.43 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.43 | 1.43 |
| Top Posts |
|---|
Posted at 07/2/2008 17:11 by tara7 What more could an investor want, this is the green light to buy up any stock you can, they have in effect ,told us all is going very well indeed. |
Posted at 26/6/2007 09:47 by davidlloyd I am a bit suprised that there is not some speculative buying in CLM with all this bad weather etc.. maybe its just too far off the radar for most speculative investors...If CLM dont have a bumper year on the back of all this bad news then there would be something seriously wrong with the business model of the claims handling side of the business (i.e. its a screaming no brainer to me!! ADYOR etc..). DL |
Posted at 27/10/2006 14:11 by trixter If so...could be interesting.e.g. Kleinwort Capital Trust PLC 31 March 2006 Kleinwort Capital Trust PLC ('KCT') announces a £15 million commitment to Parallel Ventures London - August Equity Limited, the Manager of KCT, has today announced a commitment of £15 million by KCT to the Parallel Ventures Limited Partnership (the 'Fund') managed by Parallel Private Equity Limited ('Parallel'). The commitment will be drawn down over a period of one year with the intention of making a further £15 million commitment in 2007. Parallel has contractual arrangements with a number of leading United Kingdom and European investment firms which offer the Fund opportunities to invest in a fixed proportion of their mid market buy-out deal flow. The KCT Board believes Parallel provides an excellent fit with KCT's existing investments. It provides investment diversification for KCT whilst at the same time retaining the mid-market focus. The Parallel team is well regarded and has a strong track record of delivering value to investors. Parallel's principals have been known to KCT's Manager for many years. John Mackie is a director of Parallel Private Equity Limited and Barry Dean is a member of its Investment Advisory Committee. Both John Mackie and Barry Dean are on the Board of KCT. The Board is continuing its strategic review of the Company and will announce the outcome of that review in due course. |
Posted at 02/4/2006 18:35 by wiganer The bigger question is- why would a "special situations" investor be taking a big stake in CLM? |
Posted at 07/7/2005 17:26 by ilovestocks is there such thing as live chat rooms for private investors???????? |
Posted at 07/7/2005 13:43 by ilovestocks some1 posted that on tuesday they are releasing results?? what can we expect from these, investors chronicle seems pritty upbeat bout this stock giving it a 'buy' rating but there not always correct. |
Posted at 07/2/2005 10:16 by cockneyrebel Yes, the potential here is exciting imo, and now they are well on course to their second year of profits then they should attract more attention from investors.H1 was up 800% over H1 last year - little bit better than a flat H2 and the PE is 10 and falling fast. CR |
Posted at 09/3/2004 07:05 by sue helen RNS Number:2836WClaims People Group PLC 09 March 2004 PRELIMINARY RESULTS YEAR ENDED 31 DECEMBER 2003 CHAIRMAN'S STATEMENT Key Points * Turnover for the year has increased by 90% from #1,035,024 to #1,965,724 * Maiden profit this year of #135,313 compared with loss last year of #304,032, and a loss for the previous year of #934,186 * Growth achieved both organically and by acquisition * Balance sheet strengthened I am pleased to announce our results for the current year, and our maiden profit since the company floated on the Alternative Investment Market in October 2000. Turnover for the fiscal year 2003 has increased by 90% to #1.96 million (2002: #1.03 million) and losses have been converted into aprofit of #135,000 (2002: #304,000 loss). For a start-up to achieve profitability in such a relatively short period is, I believe, remarkable and this progress has been reflected in our increased institutional shareholder base, our strengthening share price and our ability to raise additional working capital. Our strategy of providing claims handling, consultancy and website facilities to the insurance industry has been well received. The group employs leading edge technology with a unique web-based claims notification and monitoring system, and this is now being used by a number of leading insurance companies. Our low cost centralised operating model is a key feature of our success. The year began well with the start of the LiverpoolVictoria contract which had an immediate impact on turnover and profitability. This was consolidated with client wins for our 'Verify' product which provides a quick appraisal of accident damage for insurers and has proved an effective low-cost route to new client business. We also experienced improved support from existing clients, notably Norwich Union and HSBC, and new work flows from Cox and other insurers. I am pleased that I am able to announce a substantial increase in turnover in a year when some competitors have seen significant reductions in general claims volumes, mainly due to the absence of winter weather. In August we strengthened our balance sheet by the placing of 25 million new ordinary shares with institutional investors raising #375,000 and following which ISIS Equity Partners became one of our key investors holding 15.64% of the company's issued share capital. This capital raising enabled us to acquire the loss adjusting business of CCS Global UK in September and this is now integrated into our operations. CCS has already made a positive contribution to our profits. We continue to monitor our general level of costs very carefully and will achieve further efficiencies and economies of scale as our level of activity increases. PRELIMINARY RESULTS YEAR ENDED 31 DECEMBER 2003 CHAIRMAN'S STATEMENT (continued) Initial indications for current trading show significant increases each month relative to last year and we enter 2004 with enhanced confidence. Our policy of expansion both organically and by acquisition will continue into 2004 and we are actively pursuing opportunities on which I hope to be able to report shortly. Finally I wish to thank our loyal employees and our shareholders for their support. JOHN FRENCH Chairman 9 March 2004 CONSOLIDATED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2003 Notes 2003 2002 Acquisition Continuing Operations Total # # # # Turnover 145,657 1,820,067 1,965,724 1,035,024 Administrative expenses 122,811 1,793,637 1,916,448 1,337,462 -------- -------- --------- -------- Operating profit/(loss) 22,846 26,430 49,276 (302,438) Interest receivable 4,951 2,704 Interest payable (3,409) (4,298) --------- -------- Profit/(loss) on ordinary activities before taxation 50,818 (304,032) Taxation 2 84,495 - --------- -------- Retained profit/(loss) 135,313 (304,032) ========= ======== Earnings/(loss) per share - ordinary 3 0.16p (0.52)p - fully diluted 3 0.16p (0.52)p ========= ======== For the year ended 31 December 2002 all operations were classed as continuing. There are no recognised gains and losses other than those passing through the profit and loss account. CONSOLIDATED BALANCE SHEET 31 DECEMBER 2003 Notes 2003 2002 # # Fixed assets Intangible assets 304,776 - Tangible assets 169,217 219,007 -------- -------- 473,993 219,007 Current assets Work in progress 247,516 128,068 Debtors 515,504 232,695 Cash 194,431 100,979 -------- -------- 957,451 461,742 Creditors: Amounts falling due within one year (559,423) (375,954) -------- -------- Net current assets 398,028 85,788 -------- -------- Total assets less current 872,021 304,795 liabilities Creditors: Amounts falling due after one year (64,804) (10,766) -------- -------- 807,217 294,029 ======== ======== Share capital and reserves Called up share capital 1,500,000 1,123,780 Share premium account 833,778 832,123 Profit and loss account (1,526,561) (1,661,874) -------- -------- Equity shareholders' funds 4 807,217 294,029 ======== ======== This preliminary announcement was approved by the board of directors on 9 March 2004. P M Morgan Director CONSOLIDATED CASHFLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2003 RECONCILIATION OF OPERATING PROFIT/(LOSS) TO NET CASH OUTFLOW FROM OPERATING 2003 2002 ACTIVITIES # # Operating profit/(loss) 49,276 (302,438) Depreciation and amortisation of fixed assets 110,487 108,228 (Increase) in work in progress (119,448) (63,114) (Increase) in debtors (198,314) (97,021) Increase/(decrease) in creditors 75,108 (124,438) ----------- ---------- Net cash out flow from operating activities (82,891) (478,783) CASH FLOW STATEMENT 2003 2002 # # Net cash out flow from operating activities (82,891) (478,783) Returns on investment and servicing of finance (1,542) (1,594) Capital expenditure (27,920) (22,855) Acquisition (111,702) - ----------- ---------- Cash out flow before use of liquid resources and financing (220,971) (503,232) Financing 347,854 (379,749) ----------- ---------- Increase/(decrease) in cash 126,883 (123,483) =========== ========== RECONCILATION OF CASH FLOW TO MOVEMENT IN NET FUNDS 2003 2002 # # Increase/(decrease) in cash in the year 126,883 (123,483) Cashflow from decrease in debt and lease financing 30,021 23,475 ----------- ---------- Change in net funds from cash flows 156,904 (100,008) New finance leases (25,841) - Opening net funds 31,914 131,922 ----------- ---------- Closing net funds 162,967 31,914 =========== ========== NOTES TO THEPRELIMINARY ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2003 1. Financial information The financial information included in the above statement is an abridged version of the Group's accounts for the period ended 31 December 2003, and does not constitute statutory accounts within the meaning of Section 240 of the Companies Act 1985. 2. Taxation There is no liability to taxation in the period due to losses brought forward utilised. The tax credit represents recognition of a deferred tax asset. 3. Earnings/(loss) per share The calculation of earnings/(loss) per share is based on the results for the period and on the weighted average number of ordinary shares in issue and ranking for dividend in the period. Ordinary 2003 2002 Profit/(loss) for the year #135,313 #(304,032) ============= ============= Weighted average number of shares 83,920,460 58,350,174 ============= ============= Fully diluted Profit/(loss) for the year #135,313 #(304,032) ============= ============= Weighted average number of shares 84,320,460 58,350,174 ============= ============= 4. Reconciliation of movement in shareholders' funds 2003 2002 # # Profit/(loss) for the financial year 135,313 (304,032) Issue of ordinary share capital 376,220 411,250 Issue costs (26,775) (8,026) VAT refund 28,430 - ------------- ------------ 513,188 99,192 Opening shareholders' funds 294,029 194,837 ------------- ------------ Closing shareholders' funds 807,217 294,029 ============= ============ For further information please contact: John French Chairman The Claims People Group plc 07836 722482 Barry Whyte Chief Executive The Claims People Group plc 020 7357 6636 This information is provided by RNS The company news service from the London Stock Exchange END FR BLGDXLUGGGSI |
Posted at 07/10/2003 20:33 by gerri-c As institutions have been willing to buy, I can't see that the present price is much less of a sound investment for the retail investor. |
Posted at 02/10/2003 08:42 by jobing i think at the moment a lot of investors confuse this share wih claims direct hence no buyers there is no connection |
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